From the current situation, China's road traffic, energy and water conservancy, urban construction and other aspects of infrastructure construction are not optimistic, although this is the case, but the demand for excavators for special projects in recent years has increased year by year.
At present, China's construction machinery sales and sales have surpassed the United States, Japan and Germany, ranking the first in the world; China's construction machinery self-sufficiency rate has increased from about 70% during the Tenth Five-Year Plan period to more than 80% at present, gradually realizing the leap from manufacturing to creation. A large number of construction machinery products, including loaders, excavators, truck cranes, roller, forklift, bulldozers, concrete machinery and so on, have jumped to the top of the world in output, and China has become a real world construction machinery manufacturing power. The rapid development of machinery industry and the huge market scale provide a broad development space for the fastener industry.
For special projects, such as earthwork foundation and deep cutting and long-distance dredging, excavation and dredging of various ultra-deep and ultra-wide rivers, deep excavation of building equipment foundation, one-time renovation of high-speed roadside ditch slope, excavation and cleaning of reservoirs, ponds and sunken wells, construction of deep water projects on ships, development of coastal beaches, cleaning of various sedimentation tanks in factories, deep excavation and installation of sewer pipes Special operations for installation and construction of metro, etc. Companies have introduced extended-arm excavators modified to drive their sales. The launch of the two-stage elongated arm product marks another significant achievement in the development of special application solutions for excavators, further demonstrates its determination and investment in helping China's urbanization and other infrastructure construction, and also shows that the excavator industry has been affirmed.
In addition, in Sichuan and Chongqing, due to the special soil and other reasons, the geomorphology and geology are mostly weathered rock and shale. Now the government is not allowed to blasting construction in urban areas and road construction for safety and other considerations. The efficiency of the crushing hammer is relatively low, in order to achieve efficiency, but the investment is too large. Therefore, the modified rock arm of excavator can solve these problems well, improve efficiency and reduce investment. Because the medium-sized excavators are used in the retrofitting, the project of rock arm retrofitting has promoted the sales of excavators of about 450-500.
Generally speaking, the development prospects of excavator industry are closely related to China's urbanization construction and other infrastructure construction. Although the development of excavator is not warm in recent years, with the development of local economy, as well as the salvage measures of various cities or cities, plus China's continuous efforts to promote the development of urbanization construction, excavation will be carried out in the next five years. Opportunities are expected to move from the shock stage to the good demand stage, but they must be related to innovation and practicability.