Construction Equipment Manufacturing Industry in China Industry Research Report – Now Available from IBISWorld

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China is one of the largest manufacturing and consuming countries of building construction equipment. Over the five years through 2013, revenue for the Construction Equipment Manufacturing industry in China has been increasing at an annualized rate of 17.7%, says IBISWorld, although growth has been volatile year on year.

IBISWorld industry market research
Industry trends include mergers, outsourcing, equipment leasing and more foreign investment

China is one of the largest manufacturing and consuming countries of building construction equipment. Over the five years through 2013, revenue for the Construction Equipment Manufacturing industry in China has been increasing at an annualized rate of 17.7%, says IBISWorld, although growth has been volatile year on year.

The industry developed strongly from 2009 to 2011 with surging domestic demand. Most of the firms in the industry invested heavily in building new plants and in acquisitions to expand product categories and production capacity. In 2012, as the whole economy slowed, market demand decreased and industry revenue declined. In 2013, capital investment is expected to increase, which will promote market demand for construction equipment. Therefore, industry revenue is set to increase to $82.2 billion.

The Construction Equipment Manufacturing industry has a low concentration level due to the large number of small and medium enterprises operating in the industry. The top four firms – Sany, Changsha Zoomlion Heavy Industry Science & Technology Development, Guangxi Liugong Machinery, and Komatsu – account for 25.8% of industry revenue. The low concentration level also reflects the diverse nature of the industry's products, says IBISWorld. Firms tend to focus on particular equipment or markets and the majority of enterprises manufacture single products or machine parts.

Many domestic brands have become more influential in the global market. Meanwhile, competing imports have decreased. Other trends developing in this industry include greater merger activity, outsourcing of spare part manufacturing, growth in equipment leasing and an increased foreign presence, says IBISWorld.

For more information, visit IBISWorld’s Construction Equipment Manufacturing industry in China industry report page.

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IBISWorld Industry Report Key Topics

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.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.

Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld
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