2018 the list of top 50 manufacturers of global construction machinery was released in Beijing recently. Among the 50 enterprises finalists, the number of enterprises in China and Japan ranked first, 12, 6 in the US and 5 in Germany. Among the 12 Chinese enterprises, the largest number of enterprises in Hunan are Sany, ZOOMLION, iron construction heavy industries and Sunhe intelligent 4 enterprises.
Xugong Group is China's largest construction machinery manufacturer, ranking sixth in the world's top 50. Hunan enterprises rank in the world, and there is a steady rise. Sany, with sales of $5 billion 892 million in 2017, ranked eighth in the world, 4 higher than that of the previous year; ZOOMLION sales were 3 billion 577 million dollars and fifteenth place, in line with the previous year; iron construction heavy industry entered the list for the first time last year, this year again, it was ranked thirty-third in the world, 1 in 2017, and the mountain and river intelligence ranked forty-ninth last year. The year rose to forty-sixth.
Changsha is the region with the largest number of products and the largest number of well-known enterprises in the global construction machinery industry. The mechanical output of concrete accounts for 80% of the global output, and the large diameter full section hard rock tunnel boring machine accounts for 67% of the global market share, and the output of lifting machinery and excavators is the first in the country.