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Analysis report on China's excavator market
Sunfaith China Ltd, Aug 2006, Pages: 9
Executive summary
The report points out that China’s excavating machine market has been developing quickly in recent years, and its import has enjoyed a rapid growth. The domestic excavating machine manufacturers are mainly the joint ventures and foreign-founded enterprises. The number of China’s domestic excavating machine manufacturers is not very large with high market centralization.
The report then gives a detailed analysis on the excavating machine market, pointing out that the excavating machines of 20 tons and 22 tons take a fairly important place in the excavating machine market. The sales markets of the excavating machines mainly concentrate in the south-east coastal provinces, such as Jiangsu and Shanghai.
Finally, the report believes that China’s excavating machine market will develop quickly with large market content. With the further prosperous of China’s infrastructural construction, this market will surely continue its prosperity.
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