London, UK (PRWEB) June 17, 2014
In 2013, the output of excavators in China totaled 148,900 sets. Jiangsu, Shandong and Hunan were the three leading provinces, together accounting for around 60.5% of the total output of excavators in the country. Excavators have emerged as the most rapidly growing sector of the Chinese construction machinery industry. In 2013, the share of the domestic brands witnessed a slight decline and reached 44.27%; meantime, market shares of European, Japanese and American brands increased. During the past several years, the Chinese government brought forward a series of pertinent regulations for compulsory emission targets of motor vehicles; therefore, in the years ahead, excavator production is likely to embark on the energy-saving and cost-reducing development course. The country’s excavator market is predicted to reach a value of CNY 145 billion in 2018.
Sany Heavy Industry, Changlin Company, Taiyuan Heavy Industry, Zoomlion Heavy Industry Science & Technology, Hunan Sunward Intelligent Machinery and Guangxi LiuGong Machinery are among the top enterprises engaged in the Chinese excavator industry.
In-demand research report “Research and Investment Prospect Analysis of China Excavator Industry, 2014-2018” drawn up by Huidian Research is now available at MarketPublishers.com.
Title: Research and Investment Prospect Analysis of China Excavator Industry, 2014-2018
Published: May, 2014
Price: US$ 1,950.00
An extensive analysis of the Chinese excavator market along with a set of top-level data on the historical and current performance of the national industry is available in the report. The research study looks closely at the market dynamics, summarizes major market development trends, sheds light on the emerging opportunities and reviews the potential challenges the market is set to face. It presents a detailed industry value chain analysis, touches upon the key regulative issues, covers the factors shaping the Chinese excavator market, and also includes a comprehensive overview of the key market segments. Furthermore, the report features the competitive landscape, offers profiles of the leading players in the domestic excavator market, and limelights the market’s future development prospects including 5-year forecasts.
More in-demand research reports by the publisher can be found at Huidian Research page.