2010 Global Mobile Crane Top 10 List Released

Global Mobile Crane Top 10 Selection Criteria and Description (1) Top 10 global mobile cranes are sorted by net sales of each company's mobile crane business (including truck cranes, all-terrain cranes, crawler cranes, truck cranes, etc.) (Uniformly sorted by U.S. dollars. Non-US dollar currencies are converted on the last day of the year, that is, the exchange rate of the currency of the host country on December 31 and the U.S. dollar). The company's mobile crane business operating profit, operating profit margin, the number of employees as a reference indicator.

(2) December 31, 2009 exchange rate: 1 US dollar = 0.694155 euros; 1 US dollar = 6.82702 yuan; 1 US dollar = 92.3072 yen.

(3) Japanese companies in 2009 refer to the period from April 1, 2009 to March 31, 2010.

In 2009, the global crane market was full of ups and downs. In the context of dramatic ups and downs, the important representatives of the world's crane industry, the composition, development and growth indicators of the top 10 global mobile cranes, have also been rewritten.

In this year's top 10 list, Chinese companies have shown great momentum. In addition to the old faces on the Top 10 list, Xugong Group and Zoomlion, among the 2010 global mobile crane TOP10 rankings, two new entrants—Sanyi Group and Fugong Heavy Industry—have all come from China. From the perspective of sales volume and growth rate, the performance of Chinese companies is absolutely enviable. Excluding heavy-duty workers because of overseas business frustration and a slight decline in business performance, the other three companies - Xugong Group, Zoomlion, and Sanyi Group, all experienced sales growth of more than 25%, and the highest ones were Zoomlion's increase of 33.46%. .

Different from this determination, in the hardest-hit areas of the financial crisis, Europe, the United States, Japan, the economic environment is sluggish, and the market demand is declining. In the 2010 global mobile crane TOP10 list, six foreign companies except China - Liebherr, Manitowoc, Terex, Tadano, Kobelco, Hitachi Sumitomo, whose sales are presented Negative growth, the average decline of more than 30%. However, Liebherr, who jumped from second to first in this session, relied on continuous innovation, concentration on products and technology, and effectively resolved the negative impact of the adverse market, which was less than 4%.

Despite heavy market pressure, European, American and Japanese companies have not stopped their expectation and preparation for recovery and their investment in the future. In emerging markets full of vitality and potential represented by Asia, Africa, and the Middle East, the speed and intensity of the deployment of foreign companies is more neat and in-depth than ever. In addition, although demand in the developed countries represented by Europe, the United States, and Japan is still weak, objectively speaking, this is not entirely negative. With years of short pauses after growth, European, American and Japanese companies finally have the opportunity to reorganize, transform and switch their respective local industry bases and operations management systems.

The actions of foreign companies that are biased towards “keeping” are very different. In 2009, Chinese companies that were on the fast track were leading a solid and powerful leap forward in the field of mobile cranes. In addition to turning left and right in a wider range of world markets, this year, Chinese companies have also been frequently seen as high-value-added, large-tonnage product areas that are considered as world-class leading companies.

The different trends of different forces have further touched the global mobile crane industry structure; at the same time, they have further focused on the global crane industry and continue to shift eastward.