Foreign small-scale construction machinery involved in the Chinese market

At present, on the whole of China's small construction machinery market, it is still in the lead-in period. Several foreign small-scale construction machinery manufacturing companies have begun to enter the Chinese market.

From the perspective of the market for sub-products of small construction machinery in China, the development stages of different small-scale construction machinery products are different. In recent years, small hydraulic excavators have developed rapidly. In 2006, they accounted for 30% of the total sales volume in the domestic hydraulic excavator industry. The market has entered a period of rapid growth. The current market size of sliding loaders and backhoe loaders is still limited. Is also relatively slow, the market is still in the lead-in period; forklift loading market is still in need of further development in the country.

According to statistics, at present, China’s small construction machinery accounts for only 3.2% of the entire construction machinery product market. This is still a huge gap compared with the proportion of 50% to 68% in developed countries and regions such as North America, Western Europe and Japan. Therefore, both in domestic and foreign markets, small construction machinery has a very large space for development.