Construction machinery is an important part of the equipment industry. Construction machinery is a general term of mechanical equipment necessary to include earthwork construction projects, road construction and maintenance, flow-bearing and unloading operations and various construction projects, including hydraulic excavators, loading Machine, crane, roller, bulldozer, tower machine, etc.
After the construction machinery industry experienced in 2011 to 2015, since 2016, since 2016, since 2016, it has benefited from the country to increase infrastructure construction investment, and the construction machinery industry has shown a growth situation for four consecutive years. In 2017, the business income in 2017 revisited The platform of 500 billion yuan has reached 66.81 billion yuan in 2019, an increase of 12% year-on-year, and has a high history. China Business Research Institute predicts that China's construction machinery operating income will reach 77.22 billion yuan in 2021.
Construction machinery sales have achieved high growth during 2016 to 2019. As a landmark product of the degree of engineering mechanical boom, the excavator has kept high-speed growth since the construction machinery industry in the second half of 2016. The latest data shows that in June 2021, the national excavator production is 27,284, which is 25.7% year-on-year.