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2018 the 50 of the global construction machinery manufacturers came out, and sales rose for the first time in 5 years.

Jul 05, 2018

"The top 50 list of global construction machinery manufacturers in 2018" and "PLUS50 strong list of global construction machinery manufacturers in 2018" were released in Beijing today.


Statistics show that in the past 5 years, sales of 50 of the global construction machinery manufacturers rebounded for the first time. In 2018, the global construction machinery manufacturer's top 50 enterprises, with a total sales volume of $164 billion 411 million, rose 28.28% from the same year, and the operating profit totaled $15 billion 627 million, up to 170.88% from the same year. Among the 50 enterprises, there are 6 American enterprises, 12 Japanese enterprises, 12 Chinese enterprises and 5 German enterprises. China, the United States, Japan and Germany also call the global construction machinery industry the "four great powers".


In 2018, the top 50 list of global engineering machinery manufacturers, 12 Chinese enterprises on the list, are Xugong, 31, ZOOMLION (4.040, -0.01, -0.25%), Liugong (9.620, -0.48, -4.75%), iron construction heavy work, dragon work, mountain push, national machine heavy work, Xiamen industry, mountain and River intelligence (6.370, -0.07, -1.09%), Revo heavy work, North shares (18.53) 0, -0.43, -2.27%) and so on.


Xugong, the largest construction machinery manufacturer in China, ranks sixth among the 50 top global construction machinery manufacturers.


In 2018, PLUS50, a global construction machinery manufacturer, had a total sales of 10 billion 801 million US dollars. PLUS50 is strong. There are 10 American enterprises, 9 Italy enterprises, 7 Chinese enterprises, 6 German enterprises and 3 Japanese enterprises.


The Chinese enterprises that enter the list include heavy machinery, Zhejiang (43.690, -1.67, -3.68%), mountain reconstruction machine, central China West building, South Road machine, Yong Mau holding, German machinery and so on. Among them, temporary heavy machinery is ranked twelfth in PLUS50 strong position, ranking the top 7 Chinese companies in the list.


China's construction machinery industry is the most representative and competitive sector of China's equipment manufacturing industry. In recent years, under the guidance of "China made 2025" strategy, China's construction machinery industry through structural adjustment, transformation and upgrading, improving quality and efficiency, the further enhancement of innovation ability, the development and operation quality further improved, the brand influence continued to strengthen, the global expansion has made great breakthroughs.


In terms of products, technology and other aspects, China's construction machinery industry and the competitiveness of Chinese enterprises are increasing. A series of world-class high-end and large-scale "Chinese made" equipment not only meet the needs of the local market, but also start to go to the world.


In recent years, the overseas expansion of China's construction machinery industry has been a breakthrough, and the global industrial status has been continuously upgraded. 10 years ago, Chinese companies, which entered the top 50 list of global construction machinery manufacturers, accounted for an average of only 5% of total revenue in the overall income. At present, the proportion has risen to 19.8%.


"In recent years, China's construction machinery industry has rebounded rapidly, and the overall competitiveness of the industry has been further enhanced, and the development of overseas markets has been increasing continuously. In the future, China will remain the largest market for construction machinery in the world, and Chinese and foreign brands will also achieve greater development. Qi Jun, President of China Construction Machinery Industry Association, said.