Since the beginning of this year, the domestic construction machinery market has become warmer and the industry operating environment has seen a turn for the better. This has mainly come from several aspects: The demand in the domestic market is expected to stop falling and grow slightly this year; under the pressure of overcapacity, the market demand is increasingly in the industry. The advantages of the company are tilted, and the pressure for price vicious competition has weakened. After the export market has been cultivated, it has begun to enter an accelerated growth period. The signs that "the construction machinery industry is beginning to bottom out" are already evident.
Statistics show that the annual investment of railways and urban rail transit in China in the next 15 years will be 230 billion yuan.
Therefore, the construction machinery industry must further adjust the product structure and actively expand the areas of small excavators and road machinery with broad market prospects. According to reports, the sales ratio of small excavators and large excavators in the foreign market is approximately 1:1. In 2005, the output of domestic mini excavators was only 7,000 units, and the production and sales volume of large excavators reached more than 30,000 units. Great market opportunities.