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Friday, September 28, 2012

Mini Excavator is Most Popular in Construction Machinery Industry



We have seen from the first half year annual report of 2012 that most construction machinery listed companies have suffered a serious cash flow problem, and accounts receivable are difficult to be recycled, so that these enterprises are in face of serious operational problems, but it can not be denied that the development of construction machine industry has the largest influence on China’s economy, and it is the main force in the industrial chain which can not be ignored.

In the construction machine industry, the second-hand mini excavator machine is the most popular product, and it is warmly welcomed in domestic market with broad market prospects. Apart from this, shrinking boom forklift, skid steer loaders and other small construction machinery will have greater development in the market. But so far, spare parts of small construction machines such as pumps, valves, hydraulic fittings substantially are largely depending on import, and it can be said that in the domestic construction machinery market, mini excavators should be a priority for all.

Currently, small construction machinery like compact wheel loaders, backhoe loader backhoe, skid steer loaders, telescopic handler, as well as hydrostatic transmission models needed by small tonnage forklift are all largely dependent on import. But from the overall development and current situation of China's construction equipment, experts believe that we should take mini excavators and other small construction machinery kit as a sally port to promote the overall development of spare parts industry of China's construction machinery; enterprises of mini excavators should reach a consensus that when exploring domestic market, they should also do market research instead of just blindly squeezing the limited resources of the market, in order to form an orderly and sustainable sales model of domestic market.

For the sake of healthy development of the construction machinery industry, enterprises should actively make preparation for the transition of development pattern, and make adjustment and upgrade in technology, products, sale model and management channel, so as to cater to the domestic market of small excavators.


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