China is one of the largest manufacturing and consuming countries of building construction equipment. Over the five years to 2015, revenue has been increasing at an annualized rate of 2.9%, and industry growth has been volatile during the past two years.
The Construction Equipment Manufacturing industry in China grew strongly from 2009 to 2011, with surging domestic demand. Most of the operators in this industry invested heavily toward building new plants and in acquisitions in order to expand product categories and production capacity. In 2012, as the whole economy slowed, market demand decreased and industry revenue declined 10.3% in 2011.
The Construction Equipment Manufacturing industry manufactures the heavy equipment used on construction sites for buildings and municipal public engineering projects, such as roads, dams and drainage. Industry products include bulldozers, wheel loaders, hydraulic crawler excavators, vibratory rollers and spare parts for construction machinery.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.