Off-Highway Research believes its coverage of the Chinese construction equipment market is second to none. Researched, compiled and written by our team of expert analysts based in Beijing, the Chinese Service and Chinese Database Service - both available in English and Chinese - offer unrivalled insights through a library of some 50 current reports, data dating back to the 1990s and five-year forecasts by equipment type.
Our capacity and expertise in primary research also allows the Chinese team to take on Private Client Research, which leverages our experience and knowledge to deliver detailed and tailored insights to our clients on a private and confidential basis.
Wheeled loader sales in China have fallen along with those all other equipment types. However, the impact of the downturn has not been as severe in this segment.
Turmoil in the real estate segment had a major impact on equipment sales in 2022 and the issues will take time to fix
Having reached an extraordinary peak of almost 55,000 mobile cranes sold in China in 2020, demand for these machines is continuing to cool as the economy slows.
Sales this year are likely to be half what they were in 2022.