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Construction Machinery Industry

Date:02/03/2020   View: 789   Tags: Construction Machinery Industry
The recovery of the construction machinery industry began in July of last year. As the construction machinery industry entered a seasonal off-season in the third quarter, the market had previously expected that the industry sales in the third quarter of this year would decline sequentially. The year-on-year growth rate of sales will decrease from the sharp increase in the first half of this year to a low growth rate of 10-20%.

However, the author of "Daily Economic News" noticed that some organizations are optimistic about the sales volume of the construction machinery industry in the third quarter. Some institutions have stated that according to the new survey, upstream machinery manufacturers of construction machinery are still in full production. One of the engine leaders has recently raised its production schedule for July. It is expected to remain unchanged from June, an increase of 20 from the original plan. % -30%, it is expected that the year-on-year growth rate of domestic excavator sales will remain at a high level in July this year. It is expected that in the second half of the year, under the background of stable real estate investment and a strong underpinning of infrastructure investment, the annual excavator sales will remain 50%. % Growth.

Data from the industry show that in June this year, domestic excavator sales were 8,933 units, an increase of 100.8% year-on-year; cumulative sales for the first six months were 75,068 units, a cumulative year-on-year increase of 100.5%, and excavator sales in the first half of this year exceeded the full year of last year.


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