According to statistics from the China Construction Machinery Industry Association, the 25 excavator manufacturers included in the statistics in October 2020 sold 27,331 excavators of various types, a year-on-year increase of 60.5%; of which 23,892 were domestic, a year-on-year increase of 60.7%; exports were 3439 units, a year-on-year increase An increase of 59.4%.
From January to October 2020, a total of 263,839 excavators were sold, a year-on-year increase of 34.5%; of which, 236,712 were domestic, a year-on-year increase of 35.5%; and 27,127 were exported, a year-on-year increase of 25.9%.
Related article: Downstream infrastructure and real estate investment continue to be booming
The cumulative year-on-year growth rates of real estate investment from April to August 2020 were -3%, -0.3%, 2%, 3%, and 5%, respectively. The year-on-year growth rates for the month were 7%, 8%, 9%, 11.7%, 11.8%, improving month by month.
From April to August 2020, the cumulative growth rate of newly started area of real estate is -18%, -13%, -8%, -5%, -4%, and the monthly growth rate is -1%, 3%, 9%, 11 %, 2%, improving month by month.
From April to August 2020, the cumulative investment growth rate of infrastructure investment (excluding electricity) will be -12%, -6%, -3%, -1%, -0.3%, and the year-on-year growth rates for the month are 2% and 8% respectively. %, 7%, 8%, 4%, maintaining a positive growth rate for 5 consecutive months.
In September, mid-digging increased by 106% year-on-year, the growth rate exceeded expectations; small-digging sales maintained a high growth rate
From January to September, the cumulative sales of domestic large, medium, and small excavators were approximately 28,000, 41,000, and 96,000, respectively, representing a year-on-year increase of 23%, 34%, and 35%; among them, large, medium, and small digging in September Dig sold 3,000 units, 6,000 units, and 13,000 units, respectively, with year-on-year growth of 53%, 106%, and 63%. In September, domestic sales of large, medium and small digging accounted for 14%, 28%, and 58%, respectively. Compared with August, the proportion of large diggings fell by 0.2%, and the proportion of small digs increased by 2.1%.
The concentration of excavator head brands continues, and Sany Heavy Industry's monthly market share in September is nearly 29%
The high concentration of excavator top brands continues. The market share of the six major companies from January to September is about 75%, which is 1.5 percentage points higher than that of the whole year of 2019. The market share of the six major companies in the first month of September is 76%. , An increase of 2.6 percentage points compared with the whole year of 2019, the trend of leading effect is obvious. The market share of Sany Heavy Industry was close to 29% during the single-month period in September, continuing the high market share in August, increasing by nearly 3 percentage points from the entire year of 2019. The market share is expected to continue to increase in the future.
The annual industry sales growth rate is expected to exceed 30%
Real estate infrastructure investment continues to recover, and the demand for artificial replacement, environmental protection and replacement is expected to continue. We predict that the sales of excavators in 2020 will exceed 310,000 units, a year-on-year increase of more than 30%; the market share of leading companies will continue to increase.
