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Construction Machinery in China

Demand to increase 6.2% per annum through 2015
Demand for construction machinery in China is expected to rise 6.2 percent per year to 387 billion yuan in 2015, supported by continuing gains in construction spending, especially in infrastructure development. Growth in construction activity will be driven by continuing industrialization and increasing personal and business income levels. However, gains will decelerate from the torrid pace of the 2005-2010 period as a result of a moderating outlook for the economy in China as a whole. This will impact total construction expenditures, which are expected to grow at a slower pace through the forecast period, limiting stronger market gains for construction machinery.

The Twelfth Five-Year Plan aims to encourage domestic producers to upgrade their products and improve innovation in product development so as to maintain sustainable growth. These technological improvements, coupled with pricing advantages due to relatively low production costs, will spur growth in shipments of all types of construction machinery by Chinese producers. As a result of such improvements, China will erase its trade deficit in construction machinery and become a net exporter.

Excavators/cranes to remain largest product segment
Excavators and cranes are the largest construction machinery product segment due to their widespread use in both building and nonbuilding construction. The better versatility and flexibility of excavators will also ensure their widespread use in all types of construction applications in China. Loaders, the second largest product type, will see healthy demand increases, benefiting from their functional versatility. Mixers and related equipment will be one of the fastest growing product segments, benefiting from greater use in numerous types of infrastructure projects that are intensive users of cement. Parts and attachments will see the most rapid growth due to favorable government policies under the Twelfth Five-Year Plan.

Northwest region to be fastest growing in China
The size, growth, and composition of construction machinery demand in the six regions of China vary considerably due to regional differences in economic, social, and cultural conditions. In all regions, gains will decelerate from 2000-2010 rates as a result of moderating growth in the Chinese economy. Due to its large share of the nation’s population and economic activity, the Central-East will remain the largest regional market for construction machinery with 42 percent of national demand in 2015. Although small, the Northwest is expected to be the fastest growing regional market, primarily benefiting from the central government’s Great Western Development program.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table CONSTRUCTION MACHINERY SUPPLY & DEMAND IN CHINA (billion yuan)
  • MARKET ENVIRONMENT
    • General
    • Economic Overview
      • Recent Economic Performance
      • Economic Outlook
        • Table GROSS DOMESTIC PRODUCT OF CHINA
    • Demographic Overview
      • Population Trends
        • Table POPULATION OF CHINA BY AGE (million persons)
      • Urbanization
      • Households
        • Table HOUSEHOLDS IN CHINA BY REGION (million units)
    • Labor Force & Employment Trends
      • Table URBAN LABOR FORCE & EMPLOYMENT IN CHINA, 2000-2010 (million persons)
    • Personal Income Trends
      • Table PERSONAL INCOME & EXPENDITURE PATTERNS IN CHINA (billion yuan)
    • Banking System & Regulations
      • Table INTEREST RATES IN CHINA, 2000-2010 (annual percentage rate)
    • Currency Exchange Rates
      • Table CHINESE CURRENCY EXCHANGE RATES, 2000-2010 (yuan per foreign currency)
    • Industrialization & Manufacturing Trends
      • Table MANUFACTURING VALUE ADDED IN CHINA (billion 2009 yuan)
    • Construction Expenditures
      • Table CONSTRUCTION EXPENDITURES IN CHINA BY MARKET & APPLICATION (billion 2009 yuan)
      • Residential Building
        • Table RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES IN CHINA (billion 2009 yuan)
        • Table NEW RESIDENTIAL HOUSING CONSTRUCTION IN CHINA (billion 2009 yuan)
        • Table HOUSING STOCK & LIVING SPACE IN CHINA
      • Nonresidential Building
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES IN CHINA BY APPLICATION & BUILDING TYPE (billion 2009 yuan)
        • Table NONRESIDENTIAL BUILDING STOCK IN CHINA (million square meters)
      • Nonbuilding
        • Table NONBUILDING CONSTRUCTION EXPENDITURES IN CHINA BY APPLICATION & STRUCTURE (billion 2009 yuan)
    • The Twelfth Five-Year Plan
    • Legislative & Regulatory Environment
    • Technological Trends
    • Rental & Used Machinery
    • World Outlook
      • Demand
      • Production
    • Foreign Trade
      • Table CONSTRUCTION MACHINERY FOREIGN TRADE IN CHINA (billion yuan)
      • Imports
        • Table CHINA CONSTRUCTION MACHINERY IMPORTS BY SOURCE, 2006-2010 (billion yuan)
      • Exports
        • Table CHINA CONSTRUCTION MACHINERY EXPORTS BY DESTINATION, 2006-2010 (billion yuan)
  • PRODUCTS
    • General
      • Table CONSTRUCTION MACHINERY SUPPLY & DEMAND IN CHINA BY TYPE (billion yuan)
    • Excavators & Cranes
      • Table EXCAVATOR & CRANE SUPPLY & DEMAND IN CHINA (billion yuan)
      • Excavators
        • Table EXCAVATOR SUPPLY & DEMAND IN CHINA (billion yuan)
      • Cranes
        • Table CRANE SUPPLY & DEMAND IN CHINA (billion yuan)
    • Loaders
      • Table LOADER SUPPLY & DEMAND IN CHINA (billion yuan)
      • Front-End Loaders
        • Table FRONT-END LOADER SUPPLY & DEMAND IN CHINA (billion yuan)
      • Backhoe Loaders
        • Table BACKHOE LOADER SUPPLY & DEMAND IN CHINA (billion yuan)
    • Mixers & Related Equipment
      • Table MIXER & RELATED EQUIPMENT SUPPLY & DEMAND IN CHINA (billion yuan)
      • Mixers
        • Table MIXER SUPPLY & DEMAND IN CHINA (billion yuan)
      • Mixer Related Equipment
        • Table MIXER RELATED EQUIPMENT SUPPLY & DEMAND IN CHINA (billion yuan)
    • Rollers & Related Equipment
      • Table ROLLER & RELATED EQUIPMENT SUPPLY & DEMAND IN CHINA (billion yuan)
      • Rollers
        • Table ROLLER SUPPLY & DEMAND IN CHINA (billion yuan)
      • Roller Related Equipment
        • Table ROLLER RELATED EQUIPMENT SUPPLY & DEMAND IN CHINA (billion yuan)
    • Bulldozers & Off-Highway Trucks
      • Table BULLDOZER & OFF-HIGHWAY TRUCK SUPPLY & DEMAND IN CHINA (billion yuan)
      • Bulldozers
        • Table BULLDOZER SUPPLY & DEMAND IN CHINA (billion yuan)
      • Off-Highway Trucks
        • Table OFF-HIGHWAY TRUCK SUPPLY & DEMAND IN CHINA (billion yuan)
    • Parts & Attachments
      • Table PARTS & ATTACHMENTS SUPPLY & DEMAND IN CHINA (billion yuan)
  • MARKETS
    • General
      • Table CONSTRUCTION MACHINERY DEMAND IN CHINA BY MARKET (billion yuan)
    • Residential Building Market
      • Demand by Application
        • Table RESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY APPLICATION (billion yuan)
        • Table NEW RESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA (billion yuan)
        • Table RESIDENTIAL IMPROVEMENT & REPAIR CONSTRUCTION MACHINERY DEMAND IN CHINA (billion yuan)
      • Demand by Structure
        • Table RESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY STRUCTURE (billion yuan)
      • Demand by Product
        • Table RESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY PRODUCT (billion yuan)
    • Nonresidential Building Market
      • Demand by Application
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY APPLICATION (billion yuan)
        • Table NEW NONRESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA (billion yuan)
        • Table NONRESIDENTIAL IMPROVEMENT & REPAIR CONSTRUCTION MACHINERY DEMAND IN CHINA (billion yuan)
      • Demand by Structure
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY STRUCTURE (billion yuan)
      • Demand by Product
        • Table NONRESIDENTIAL BUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY PRODUCT (billion yuan)
    • Nonbuilding Market
      • Demand by Application
        • Table NONBUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY APPLICATION (billion yuan)
        • Table NEW NONBUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA (billion yuan)
        • Table NONBUILDING IMPROVEMENT & REPAIR CONSTRUCTION MACHINERY DEMAND IN CHINA (billion yuan)
      • Demand by Structure
        • Table NONBUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY STRUCTURE (billion yuan)
      • Demand by Product
        • Table NONBUILDING CONSTRUCTION MACHINERY DEMAND IN CHINA BY PRODUCT (billion yuan)
  • REGIONAL TRENDS
    • General
    • Regional Demographic & Economic Trends
      • Population Patterns
        • Table POPULATION OF CHINA BY REGION (million persons)
      • Economic Outlook
        • Table GROSS DOMESTIC PRODUCT OF CHINA BY REGION (billion 2009 yuan)
    • Regional Construction Expenditures
      • Table CONSTRUCTION EXPENDITURES IN CHINA BY REGION (billion 2009 yuan)
    • Regional Demand for Construction Machinery
      • Table CONSTRUCTION MACHINERY DEMAND IN CHINA BY REGION (billion yuan)
      • Central-North
        • Table CENTRAL-NORTH REGION OF CHINA: CONSTRUCTION MACHINERY DEMAND (billion yuan)
      • Northeast
        • Table NORTHEAST REGION OF CHINA: CONSTRUCTION MACHINERY DEMAND (billion yuan)
      • Central-East
        • Table CENTRAL-EAST REGION OF CHINA: CONSTRUCTION MACHINERY DEMAND (billion yuan)
      • Central-South
        • Table CENTRAL-SOUTH REGION OF CHINA: CONSTRUCTION MACHINERY DEMAND (billion yuan)
      • Southwest
        • Table SOUTHWEST REGION OF CHINA: CONSTRUCTION MACHINERY DEMAND (billion yuan)
      • Northwest
        • Table NORTHWEST REGION OF CHINA: CONSTRUCTION MACHINERY DEMAND (billion yuan)
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table REVENUE DATA: SELECTED CONSTRUCTION MACHINERY COMPANIES, 2010 (million yuan)
    • Market Share
    • Marketing & Distribution
    • Acquisitions & Divestitures
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Foreign Participation in the Chinese Market
      • Legal & Regulatory Issues
      • Joint Ventures
      • Wholly Owned Foreign Enterprises
      • Representative Offices
    • Company Profiles
      • Anhui HeLi Company Limited
      • Anhui Xingma Automobile Company Limited
      • Caterpillar Incorporated
      • China Communications Construction Company Limited
      • China National Machinery Industry Corporation
      • Deere & Company
      • DHI DCW Group Company Limited
      • Doosan Infracore Company Limited
      • Foton Lovol International Heavy Industries Company Limited
      • Groupe Fayat
      • Guangxi Liugong Machinery Company Limited
      • Hitachi Limited
      • Hyundai Heavy Industries Company Limited
      • Inner Mongolia North Hauler Joint Stock Company Limited
      • JCB Limited
      • Kobe Steel Limited
      • Komatsu Limited
      • Liebherr-International AG
      • Lonking Holdings Limited
      • SANY Heavy Industry Company Limited
      • Shaanxi Construction Machinery Company Limited
      • Shantui Construction Machinery Company Limited
      • Sichuan Changjiang Engineering Crane Company Limited
      • Taiyuan Heavy Industry Company Limited
      • Terex Corporation
      • Volvo AB
      • Xiamen XGMA Machinery Company Limited
      • Xuanhua Construction Machinery Company Limited
      • Xuzhou Construction Machinery Group Incorporated
      • Yuchai Machinery Company Limited
      • Zoomlion Heavy Industry Science and Technology Company Limited

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