China's Excavator Industry Is Developing At A High Speed

- Jul 27, 2018-

Excavators, also known as excavators, or excavators, are earth-moving machines that use buckets to dig up materials above or below the surface of the machine and load them into transport vehicles or unload them into the stockyards. According to the development of engineering machinery in recent years, the development of excavator is relatively fast, and excavator has become one of the most important engineering machinery in the construction.

The domestic excavator market continues to grow rapidly. According to the big database data of China business industry research institute, excavator sales more than doubled in August 2017 compared with the same period last year, and maintained a growth rate of more than 100% for eight consecutive months. In terms of production, China produced 15,238 excavators in September, up 59 percent from a year earlier. From January to September, China produced about 14.62 excavators, an increase of 67% over the previous year. According to the China business research institute, a combination of factors, such as infrastructure, replacement demand, low base effect last year and export growth, will give impetus to the sustained growth of excavator sales this year.