On March 30th, according to media reports, the sales volume of excavators in February this year hit a record high in February, which exceeded the previous highest year by about 38% in February 2011.
It is understood that since January this year, a total of 3 trillion major projects have started intensively across the country. Driven by various projects, the excavator market has been selling hot, production companies have a full list of orders, and supply exceeds demand. Many dealers have bottomed their inventory, and many models are out of stock. Some hot-selling models are even scheduled to take delivery time. Months later.
Industry insiders believe that construction machinery has entered a new upswing cycle since the second half of 2016. The demand for updates brought about by the replacement of rigid life and the switching of regulations is underpinned, and the increase in infrastructure investment and the replacement of machinery have driven the industry to continue to improve.
It is estimated that the sales of excavators in 2021 will grow by more than 10% year-on-year, the market share of leading companies will continue to increase, and the sales growth of industry-leading excavators is expected to exceed 20%.
In addition, the state focuses on new infrastructure and other industries, and the increase in upstream expenditure has effectively promoted the acceleration of the demand for the excavator industry, and promoted both the production and sales of the excavator market.
