China's Rising Construction Equipment Sector in Focus at ConExpo-Con/AGG 2017

China's construction equipment makers play an increasingly important role in the construction sector worldwide.

📅   Wed February 15, 2017 - National Edition


China's achievements will be highlighted at the China Construction Machinery industry booth at ConExpo-Con/AGG 2017.
China's achievements will be highlighted at the China Construction Machinery industry booth at ConExpo-Con/AGG 2017.

In recent years, China's construction machinery industry has made great achievements, according to the country's Chamber of Commerce for Import and Export of Machinery and Electronic Products as well as the China Construction Machinery Association.

The achievements will be highlighted at the China construction machinery industry booth, G2116A, at this year's ConExpo-Con/AGG in Las Vegas.

The associations say that Chinese construction equipment makers are the world's largest producers of mobile cranes, wheeled loaders, excavators and concrete pumps.

XCMG, Zoomlion, Sany, LiuGong XGMA, Santui,SDLG, Yongmao, NFLG, Sunward and SinoMach have become well-known construction equipment brands globally. Chinese manufacturers are leading suppliers of concrete machinery in the world, with Zoomlion, Sany and XCMG being the three leading suppliers, note the associations. In terms of excavators, China is now the leading producer with annual output reaching as high as 170,000 units. Sany, XCMG and LiuGong are the three leading Chinese suppliers.

The two associations also point out that China is also the leading producer of wheeled loaders, with peak output reaching 250,000 units. LiuGong, SDLG, XGMA, XCMG, Lonking and SinoMach are the six leading Chinese suppliers.

China is also a key manufacturing centre for international firms making construction equipment. All the leading international manufacturers including Caterpillar, Terex, Manitowoc, Komatsu, Hitachi, Kobelco, Volvo, Liebherr, Wirtgen, Fayat, Doosan and Hyundai have manufacturing bases in China through joint ventures, wholly owned investment or acquisition. Some of these operations are their most important global manufacturing bases, such as Manitowoc's tower crane factory in Zhangjiaguang.

Chinese construction equipment manufacturers such as XCMG, Zoomlion, Sany, LiuGong and Shandong Heavy Industry have also established manufacturing bases in other countries including Germany, US, Italy, Poland, India, Brazil and Belarus through acquisition, joint venture and wholly owned investment.

Key acquisitions mean that Chinese firms now dominate the concrete pump market, both in terms of numbers produced and technology. Zoomlion acquired CIFA in 2008, while in 2012 Sany bought Putzmeister and XCMG purchased Schwing.

Both the Chamber of Commerce for Import and Export of Machinery and Electronic Products as well as the China Construction Machinery Association Chinese say that China's construction equipment makers play an increasingly important role in the construction sector worldwide.

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