A few days ago, China Construction Machinery Industry Association released statistics for September. According to data, in September 2020, China sold a total of 26,034 sets of various excavation machinery products, an increase of 64.8% year-on-year. Among them, the domestic market sales reached 22,598 units, a year-on-year increase of 71.4%. In addition, the export sales of excavators in September was 3436 units, an increase of 31.3% year-on-year.
In terms of accumulation, the 25 mainframe manufacturers included in the statistics from January to September 2020 have sold 236,508 units of various excavation machinery products, a year-on-year increase of 32%. Among them, the domestic market sales volume was 212,820 units, a year-on-year increase of 33.2%; the export sales volume was 23,688 units, a year-on-year increase of 22.2%.
In terms of vehicle types, in September, the sales volume of large digging was 3,123 units, a year-on-year increase of 52.5%; the sales volume of medium digging was 6311 units, an increase of 106.4%; Cumulatively, from January to September, the sales volume of large digging was 28,252 units, a year-on-year increase of 23.2%; the sales volume of medium digging was 55,322 units, a year-on-year increase of 34.1%; and the sales volume of small digging was 129,246 units, a year-on-year increase of 35.2%.
The excavator market is trending well. According to industry estimates, the annual sales of excavators are expected to approach 300,000 units, and the annual sales growth rate is expected to exceed 25%. Excavators have a wide range of application scenarios. In addition to traditional infrastructure fields such as bridge repair and road paving, urban old reforms, 5G base station construction, and charging pile construction under new infrastructure will also boost the demand for small and micro excavators. Excavator, also known as excavator, also known as excavator, is an earth-moving machine that uses a bucket to excavate materials above or below the supporting surface and load it into a transport vehicle or unload it to a stockyard. From the perspective of the development of construction machinery in recent years, the development of excavators is relatively fast, and excavators have become one of the most important construction machinery in engineering construction.
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China's Construction Machinery Industry" issued by China Commercial Industry Research Institute. At the same time, China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industrial research reports, industrial planning, and park planning. , Fourteenth Five-Year Plan, industry investment and other services.