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Rigorous analysis of the structure, demand and trends for a single product.
Typical coverage includes:
Objective analyses of major construction equipment manufacturers or component suppliers.
Typical coverage includes:
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.
In the face of a market which is expected to almost halve in size this year, the dump truck segment provides perhaps the only ray of light in the Chinese equipment industry.
International Construction has released a new podcast in which Off-Highway Research managing director Chris Sleight talks to editor Andy Brown about the current downturn in the Chinese market.
Our updated-outlook for 2022 is for a -38 per cent fall in sales, from the highs of 2020 and 2021.
The last three years saw a peak in sales, but volumes should remain relatively high and China looks likely to continue to be the largest paver market in the world.
Policy drivers and the availability of products are expected to drive a sharp increase in sales of medium-sized electric wheeled loaders in China. However, it will also remain the largest market for traditional diesel-powered loaders for the foreseeable future.
There is no tradition of using backhoe loaders in China, and sales have never risen above a few hundred units per year. However, backhoe loader production is an order of magnitude greater.
Our database of sales by year, buy equipment type, by customer group has now been extended from its original European coverage to include India and China.
Full data for 2021 and updated forecasts are now available to subscribers to the Chinese Database Service
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