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Since the beginning of this year, the signal on the recovery of China's construction machinery has become increasingly clear. However, people in the industry generally believe that due to problems such as the incomplete start of urbanization, social capital tightening, and the serious export situation, the industry’s recovery process has caused changes. Great. Now that the first half of the year has passed, the market is still in the doldrums. For the second half of the year, some people believe that the domestic macro economy will not be significantly improved in the second half of the year, and the overall sales of construction machinery will decline in the second half of the year. However, some people believe that although the golden decade has become history, the end of the high growth era has also brought the construction machinery industry to a mature stage. Construction machinery at this stage will enter a period of steady growth, especially the urbanization process and resources. The pricing reform will promote the sudden emergence of the engineering machinery industry, especially in some segments.
The popularity of small excavators drives the fiery market for construction machinery parts, such as diesel filters, bucket teeth, roller wheels, fuel injectors, relief valves, seals, O-rings, cabs, and hydraulic oil filters. , Buckets, track shoes, Hitachi excavator parts, Isuzu parts, Hitachi hydraulic oil, in 2011, the global number of excavator sales, is about 458,000. Among them, China is the largest market with sales of 170,000 units and a market share of 38.8%.
In fact, the performance and price of construction machinery products largely depend on these spare parts, such as high-tech, high-value-added core components such as transmission components, control components, diesel engines, and key hydraulic components. The core parts of construction machinery mainly rely on imports. This situation has seriously constrained the further development and growth of construction machinery enterprises in China.
The construction machinery parts industry is often a factory directly involved in the docking of the e-commerce platform. Therefore, this is a unique product quality control environment. There is also the purchaser of construction machinery parts products. Not only does the OEM have vast maintenance outlets and end-users, but their procurement of accessories is also quite large in quantity, and the autonomy and selectivity of this group of people are high. many.
In June, sales of construction machinery continued to decline, but the demand for construction machinery parts and accessories market is continuously increasing. The development prospects are extremely broad.
August 19, 2023