Chinese manufacturers of heavy equipment notably in the construction machinery sector are likely to take the lead China is also expected to overtake Germany and Japan in construction machinery exports by the end of 2024 — to become the world s second largest exporter of such goods after the US
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Get PriceSales of equipment in China tripled between 2024 and 2024 in dollar terms when the country accounted for four in every 10 construction machines bought
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Get PriceChina s demand for Construction Equipment has grown at a fast pace in the past decade In the next decade both production and demand will continue to grow
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Get PriceGlobal Construction Equipment & Heavy Machinery Industry Analysis Global construction demand is expected to grow at a yearly rate of 6 5% through 2024 to reach a value in excess of $170 billion according to Freedonia
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Get PriceChinese companies are increasingly dominating the global construction equipment industry They are ideally positioned for the world market and in particular the emerging markets of the future and are resolutely continuing down their growth path
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