NEWS
The growth rate of the construction machinery industry has slowed down
Release time：
2025-06-23 09:54:55
In response to the slowdown in the growth rate of the construction machinery industry, especially the significant decline in sales of some leading products, the "turning point theory" has been constantly heard. Some insiders believe that a new turning point in the development of construction machinery has emerged, and the industry's high growth in the past is difficult to reproduce. In the future, it may show a low growth trend, and even decline in multiple months.
In response to the slowdown in the growth rate of the construction machinery industry, especially the significant decline in sales of some leading products, the "turning point theory" has been constantly heard. Some insiders believe that a new turning point in the development of construction machinery has emerged, and the industry's high growth in the past is difficult to reproduce. In the future, it may show a low growth trend, and even decline in multiple months.
The President of the China Construction Machinery Industry Association analyzed that generally speaking, the sales of the construction machinery industry can be divided into off-season and peak season, and a slight decline in sales in April is a normal seasonal fluctuation. However, a 30% decline in the entire industry in April 2011 was indeed rare. The main reason is still the previous sales overdraft and macroeconomic regulation leading to a decline in market demand.
Since the beginning of this year, in order to regulate the macro economy, a series of financial policies have been introduced, limiting the credit limit for industries such as real estate. The impact of credit tightening on the construction machinery industry is mainly reflected in two aspects: firstly, it affects downstream demand in the industry, mainly due to the delayed construction progress of some ongoing projects and the postponement of some originally planned projects; Secondly, it has affected the marketing efforts of construction machinery enterprises. Starting from April, some enterprises have strengthened risk control and actively reduced the proportion of credit sales. At present, the impact of credit tightening on the sales of construction machinery cannot be quantified, and it is expected that the sales situation will be affected throughout the year.
The Secretary General of the China Construction Machinery Industry Association explained that during the financial crisis, the Chinese construction machinery industry experienced negative growth and fell to the bottom; After the implementation of the 4 trillion yuan economic stimulus plan, a series of construction projects were launched, which pushed the construction machinery industry to its peak and led to blind investment. As a result, competition intensified and a "siege" mentality emerged. Behind the "siege" of the construction machinery industry, there is a growing reshuffle. Taking the excavator industry with huge domestic demand as an example, based on the expansion plans obtained by major enterprises, the excavator production capacity this year will reach about 300000 units, which inevitably brings about the problem of overcapacity. The increase in excavator production capacity will lead to more intense market competition in the future. If the industry growth rate is only 5% or below, there will be a "shopping frenzy" situation, and foreign brands will also be involved, making the situation even more severe.
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baidian industrial park, hai'an county, jiangsu province