Construction Equipment Manufacturing in China
China is one of the largest manufacturing countries and consumers of building construction equipment in the world. Industry revenue is expected to rise at an annualized 19.4% over the five years through 2023, to reach $198.8 billion. This trend includes an anticipated revenue growth of 11.3% in the current year.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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