Chinese Construction Equipment Markets: A Review Of 2018 and A Forecast to 2023

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Chinese Construction Equipment Markets: A Review Of 2018 and A Forecast to 2023

Off-Highway Research's Annual Reviews are summaries of construction sold by product type and by country looking at the last five year's sales data and looking forward for the next five years.

Typical coverage includes: Country Analyses (fifteen European countries), Equipment Analyses (fifteen product types), Production Analyses and International Prespectives.

The construction equipment market in China experienced strong growth in 2018 to reach 343,813 units, with significant contributions from the earthmoving equipment and mobile crane sectors. This is still 25 per cent lower than the market peak volume in 2011, but the market structure now shows a strong change to excavators which underlines the growing maturity of demand. With a growth of 148 per cent in the last two years, China has returned to being largest single market in the world.

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