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How does the excavator industry go?

Dec 11, 2020

On December 8, the 2020 China Construction Machinery Industry Association Excavating Machinery Branch and Industrial Internet Branch Annual Meeting was held in Changsha. When discussing industry hotspots and pain points, the "golden sentences" of the big coffee participants frequently appeared.


"In the future, China's mining machinery market will still undergo profound changes"


From January to November 2020, the sales volume of China's excavator market exceeded 296,000 units, a year-on-year increase of 37.4%, far exceeding the sales volume of last year and setting a new record high. Looking to the future, he said that China's mining machinery market will continue to undergo profound changes, especially driven by new technologies, new concepts, and new models, new patterns and new formats will continue to emerge.


"We need industry-level industrial big data more"


After traditional excavators combine the emerging industrial Internet, big data, and artificial intelligence, China's excavator industry will become more powerful, and Chinese excavators have the world's largest enterprise-level data volume. In the future, we will need industry-level industrial big data to lead the world in the development of a unique Chinese model of digital and intelligent excavator industry.


"The construction machinery market will maintain a single-digit growth rate in 2021"


In 2020, the construction machinery industry will work hard to overcome the adverse effects of the epidemic, and resume work and production. Production and sales quickly recovered. It showed a stable development in April, and maintained a rapid growth momentum in each month, becoming the best development situation in the equipment manufacturing industry. One of the industries. Looking forward to the 2021 market, Wu Peiguo expects that the construction machinery market demand will maintain a steady development in 2021, maintaining a single-digit growth rate, and the new and updated market demand will play a role together.


"If there is a price war, it is a collective rush on the road to death"


In the excavator market, Chinese construction machinery manufacturers have changed from "opposition parties" to "ruling parties." During the prosperous period of the industry, enterprises must keep a cool head. If a price war is waged at this time, the collective will be running wild on the road to death. Sany encourages Chinese companies to vigorously improve their R&D and service capabilities. He said that Sany will invest 2 billion yuan in product development and testing. I hope that the majority of colleagues can work pragmatically to add luster to the development of China's manufacturing industry.


"Big data can only create value by integrating the pain points of enterprises"


Big data has become the most important production factor and competitive resource for enterprises. Industrial big data, data itself has no value. Only by integrating the pain points of enterprises can it create real value for customers.