China Construction Machinery Export

China Construction Machinery Export

In fact, for domestic construction machinery companies, their rise has largely benefited from the vigorous development of the real estate market and the huge domestic demand brought by the country's vigorous promotion of infrastructure construction. Of course, domestic construction machinery companies are also struggling enough to defeat many foreign machinery giants in the domestic market, such as Caterpillar, Komatsu, Deere, Hitachi, Volvo and so on. In addition to the excavator and concrete machinery of Sany Heavy Industry, Xuzhou Heavy Industry's cranes, graders, road rollers and other products have also become the first in the domestic industry.

Although the domestic demand for construction machinery in China is still huge, but to become a truly global construction machinery giant, the overseas market is a hot spot for major domestic construction machinery giants. At present, among the domestic construction machinery giants, Sany Heavy Industry also has the best overseas performance. In the first half of 2019, Sany Heavy Industry's overseas revenue reached 7.026 billion yuan. In 2018, Sany Heavy Industry's overseas revenue was 13.627 billion yuan, XCMG's overseas revenue was 5.894 billion yuan, Zoomlion Heavy Industry's overseas revenue was 3.59 billion yuan, and Liugong's overseas revenue was It was 3.442 billion yuan.