Construction machinery demand in China will grow 12.7 percent annually through 2011, driven mainly by strong gains in construction activity and a shift to less labor-intensive techniques. Excavators and cranes will remain the most commonly used types while loaders, mixers and related equipment grow the fastest. This study analyzes the ¥100 billion market for construction machinery in China. It presents historical demand data for 1996, 2001 and 2006, and forecasts for 2011 and 2016 by product (e.g., excavators and cranes, loaders, mixers, rollers, off-highway trucks and tractors); market (residential building, nonresidential building, nonbuilding); and region (e.g., Central-North, Central-East, Central-South). The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 major players, including Xuzhou Construction Machinery, Caterpillar, Komatsu, Guangxi Liugong Machinery, and Doosan Infracore.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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