2019 is a year for China's construction machinery industry to achieve the "13th Five-Year Plan". With the increase in national infrastructure investment, the continuous promotion of the "Belt and Road" strategy, the need to update existing equipment, environmental protection, and other multiple favorable factors, the market The overall situation maintained a steady upward trend, the internationalization process accelerated again, and exports grew steadily.
There are many types of construction machinery in my country. It is one of the countries with the most complete construction machinery product categories and product varieties in the world. It has 20 categories, 109 groups, 450 models, 1090 series, and tens of thousands of models of product equipment. It is precisely because of the complete range of construction machinery in my country, the outstanding advantages of serialization and complete sets, which provide engineering machinery and equipment support for national economic construction.
From the perspective of market structure, the four commonly used engineering equipment such as excavators, cranes, road rollers and bulldozers account for the vast majority of China's construction equipment market. Among them, excavators are the star products of construction machinery and occupy the absolute mainstream position in the market. .
According to the analysis of the mainframe manufacturing companies included in the statistics by the China Construction Machinery Industry Association, sales of various types of excavating machinery products reached 235,693 units (including exports) in 2019, a year-on-year increase of 15.9%, and this sales also hit a record high; 123615 sets of various loaders (including exports), an increase of 4.04% year-on-year; the overall pile machinery industry is in a state of steady development, with a very small increase or decrease. Take the largest volume rotary drilling rig as an example. A year-on-year growth of 9.6% was achieved.
From January to November 2019, the cumulative sales of cranes were 56,173, an increase of 26.2% year-on-year, and remained high; the cumulative sales of road rollers were 15,608, a year-on-year decrease of 8.38%; the cumulative sales of aerial work platforms were 69,354, and the overall sales volume achieved a growth of more than 50% ; Cumulative sales of bulldozers are 5,344 units, down 22.5% from 6,894 units in 2018; cumulative sales of paver machines are 2,542 units, an increase of 18.6% year-on-year; sales of grader machines are 4,070 units, a decrease of approximately 17% year-on-year.
8.86 million sets of main varieties of construction machinery
The quantity of construction machinery is huge, and the future demand will enter an era of renewal. Under the trend of low economic growth superimposed on transformation and upgrading, there is less room for new demand in the future, and construction machinery will enter the era of stocks under the new economic normal. According to Leading Industry Research estimates, the main varieties of construction machinery in China will reach 8.86 million units in 2019.
Trade surplus expanded further
From January to November 2019, my country's construction machinery import and export trade volume was US$25.928 billion, down 0.45% year-on-year. Among them, the import value was US$3.713 billion, down 18.3% year-on-year; the export value was US$22.216 billion, up 3.33% year-on-year, and the trade surplus was US$18.6 billion, an increase of US$1.54 billion year-on-year.
Industry competition pattern is clear
The market competition pattern of my country's construction machinery industry can be roughly divided into four echelons. Due to the economies of scale in the construction machinery industry, after more than 60 years of development, four giant enterprises have been born. The revenue of Sany Heavy Industry, Liugong, XCMG and Zhonglian Heavy Industry is more than 10 billion, of which SANY and XCMG Machinery revenue is more than 40 billion yuan, products are in various subdivisions, leading technology level, and many products have reached international leading level; the second echelon is the potential force of China's construction machinery industry. In the context of intelligent manufacturing, construction machinery is intelligent It is an opportunity for the development of these enterprises. The revenue scale is between 4 billion and 100 billion, with a certain popularity, and the product has a certain leading advantage in a certain segment. The third echelon is companies with revenues ranging from 100 million to 1 billion. Such enterprises are relatively small in scale and have low investment in product research and development. They have a certain reputation in certain subdivision fields, such as Aili Precision and Xiamen Engineering Co., Ltd.; The four echelons are a large number of small and medium-sized enterprises, with high product homogeneity and low technology content. They rely on price advantages to seize the low-end and middle-end product markets.
In 2019, Sany Heavy Industry's main business income reached 75.666 billion yuan, the highest among the three leading companies, followed by Xugong Machinery 59.176 billion yuan, and finally Zhonglian Heavy Industry, with main business income of 43.307 billion yuan. In 2019, Sany Heavy Industry's net profit attributable to mothers was 11.207 billion yuan, an increase of 88.23% year-on-year; in 2019, Zhonglian Heavy Industry's net profit at home was 4.371 billion yuan, an increase of 116.42% year-on-year; Xugong Machinery's net profit at home was 3.621 billion in 2019 Yuan, an increase of 76.89% year-on-year.
