PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: ResearchInChina

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ResearchinChina.com Publishes China Excavator 2010-2011 Industry Report - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Excavator Industry Report, 2010-2011
ResearchinChina.com Publishes China Excavator 2010-2011 Industry Report

 

NewswireToday - /newswire/ - Beijing, China, 2011/05/09 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Excavator Industry Report, 2010-2011.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Promoted by the rapid progress of fixed assets investment and real estate development in China, the excavator industry has taken on high-speed growth in recent years, with the output climbing to 192,811 in 2010 from 34,722 in 2005 and the sales volume rising from 28,812 to 165,804.

With the synergy of the booming excavator demand fueled by growing fixed assets investment, the consumers’ recognition of excavator’s performance and the prosperity of excavator leasing market, as well as the emerging effect of substituting excavator for loader (the possession quantity proportion of excavator to loader advanced to 0.68:1 in 2009 from 0.57:1 in 2006), the output and sales volume of excavator in China expanded in the past 6 years.

Based on an analysis of excavator industry environment, this report probes deeply into the supply & demand and competition pattern of excavator market.

In regard to brand competition, Chinese excavator market is monopolized by foreign brands with the market share of 71.7% in 2010; hereinto, Japanese and South Korean brands enjoyed the total share of 60.1%. The domestic brands represented by SANY Heavy Industry and Guangxi Yuchai Heavy Industry Company Limited (YUCHAI) have expanded the market share via a breakthrough in the small-sized excavator sector ever since 2005, and the market share climbed to 28.3% in 2010, up 8.4 percentage points against 2005.

As for product competition, caterpillar excavating machine still dominated the market in 2010 with the market share exceeding 95%. Meanwhile, the sales volume of 6-10 ton and 21-22 ton excavators maintained the high level.

In addition, this report casts light on 15 key enterprises, including 7 domestic enterprises and 8 foreign enterprises in China.

In 2010, there were seven enterprises whose excavator sales volume surpassed 10 thousand in China, i.e. Komatsu, Doosan, Hyundai, Hitachi, KOBELCO, SANY Heavy Industry, and Caterpillar; SANY Heavy Industry was the only domestic brand among them, and ranked the 6th with a sales volume of 14,154 throughout the year. YUCHAI, LiuGong, and FOTON LOVOL International Heavy Industry Co., Ltd. (FOTON LOVOL H.I.) all boasted an annual sales volume of over 5,000.

In 2011, the first year of China’s “12th Five-Year Plan”, Chinese Government will continue to increase the efforts in such projects as road, railway, municipal construction, and low-income housing, so the sales volume of excavators throughout the year is predicted to witness the YoY growth of 15% to 190 thousand or so. However, the Japan earthquake has exerted negative influence on the import of hydraulic parts, the core components of excavator, and subject to various factors like the potential overcapacity, the development of excavator industry will encounter certain risks.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ResearchInChina

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Heavy Machinery/Handling Solutions articles,
CATCH Visitors via Your Competitors Announcements!


ResearchinChina.com Publishes China Excavator 2010-2011 Industry Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: ResearchinChina.com 
+86 10 82600893 report[.]researchinchina.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ResearchInChina securities in any jurisdiction including any other companies listed or named in this release.

Heavy Machinery/Handling Solutions via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ResearchInChina / Company Profile


Read Heavy Machinery/Handling Solutions Most Recent Related Newswires:

ANDRITZ to Upgrade Wet Lap Plant for Thai Paper
ANDRITZ Nonwoven Presents Innovations At INDEX™17
ANDRITZ SEPARATION Presents New Product Series of Filter Presses Driven by Compressed Air
ANDRITZ to Supply Production Lines to Nucor Steel Arkansas, USA
ANDRITZ HYDRO to Modernize Dnipro 1 Hydropower Station, Ukraine
ANDRITZ MeWa Successfully Starts Up New QZ 2500 Cross-flow Shredder At UFH RE-cycling
ANDRITZ Announces Successful Start-up of the Needlepunch Line Supplied to AUTOTECH Nonwovens, India
Air Technical Industries Introduces New Mobile Reversible Crane with Triple Section Boom
Voith SafeSet Coupling Protects Test Rig for Wind Power Nacelles
Voith Launches MerQbiz - A Digital Trading Platform for the Paper Industry
Caterpillar to Showcase Innovation on and Beyond the Iron at CONEXPO
ANDRITZ to Supply the 30th Mechanical Pulping System Based on its Proven P-RC APMP Technology
Hempel Grows in North America
ANDRITZ to Convert Paper Machine and Supply A New Stock Preparation Line for Burgo Avezzano, Italy
ANDRITZ Successfully Starts Up the NeXline Wetlace Production Line for Akinal Sentetik Tekstil, Turkey

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)