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Undercarriage production of medium and mini excavators has been made domestically.      [2017-12-08]

According to the latest statistics released by CCMA (China Construction Machinery Association), 25 OEMs sold 126,298 units of excavating machines during Jan-Nov 2017, up 99.2% YoY. In November only, a total of 13,822 units were sold, surging 107.4% YoY.

 

From Jan through Nov, the total sales of large excavator was 17,109, rocketing 154%, and medium-sized excavators was 12,106 units, jumping 138% YoY, showing that the actual demand for large and medium excavators is stronger, thanks to the growing infrastructure and mining.

 

Since 2009, three OEMs- Sany, Caterpillar and XCMG have taken a lion’s share in China’s market from 13.47% in 2009 to 45.43% (Jan-Oct) in 2017. Meanwhile, XCMG’s excavator sales is keeping pace with Caterpillar’s in China. The production of core components such as hydraulics, engine and undercarriage still bottlenecks the expansion of the OEMs. Except large excavators, undercarriage production of medium and mini excavators has been made domestically.

 

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