Demand for construction machinery in China is expected to rise 6.2 percent annually to 387 billion yuan in 2015. Cranes and excavators -- the dominant segment -- will be the fastest growing type, along with mixers and related equipment. The Central-East region will remain the largest market, while the Northwest region will grow the fastest.This study analyzes the 287 billion yuan construction machinery industry in China. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2015 and 2020 by product (e.g., excavators and cranes, loaders, mixers, rollers, bulldozers and off-highway trucks) and regional market.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 30 industry participants, including Xuzhou Construction Machinery Group, SANY Heavy Industry and Zoomlion Heavy Industry.
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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