Industry Overview: Construction machinery is the core equipment for infrastructure, mining, road and municipal engineering. Domestic construction machinery has now achieved full localization, electrification, intelligence and large-scale export, covering all scenarios of earthmoving, lifting, road construction, mining, high-altitude and tunnel construction, with global leading cost performance and reliability.
1.1 Earthmoving Machinery (Largest User Volume, Main Export Product)
(1) Excavators
Product Definition: Core earthmoving equipment that relies on boom, stick, and bucket to complete excavation, loading, clearing, and crushing operations.
Main Uses: Housing construction, river dredging, mining, road excavation, urban renewal, and overseas infrastructure projects.
Domestic Advantages: Domestic small, medium, and large excavators have completely replaced imports; electric excavators save more than 40% energy and are suitable for high-temperature, high-dust, and rainy working conditions worldwide.
(2) Loader
Product Definition: A front-end bucket-type loading and transfer equipment with multiple functions including leveling, loading, and short-distance transfer.
Main Uses: Sand and gravel yards, construction site loading and unloading, mine stockpiling, farmland leveling, and port cargo yard transfer.
Domestic Advantages: LiuGong and XCMG loaders have leading global market share, durable structures, and low failure rates, making them essential equipment in Africa, Central Asia, and Southeast Asia.
(3) Grader
Product Definition: A machine that uses a central scraper to perform high-precision road leveling, roadbed shaping, and slope trimming.
Main Uses: Fine-grained leveling of highways, airport roads, and mining roads.
Domestic Advantages: Shantui and XCMG graders feature high precision and wear-resistant chassis, making them suitable for long-distance road projects overseas.
1.2 Crane Construction Machinery (High Value-Added Export Category)
Truck Cranes / Tower Cranes
Product Definition: Cranes used for lifting heavy materials at heights via telescopic booms.
Main Applications: Building construction, bridge construction, wind power installation, and large steel structure hoisting.
Domestic Advantages: XCMG and Zoomlion are the world's leading crane manufacturers, achieving exclusive domestic substitution for large-tonnage and ultra-large cranes, and their penetration rate in overseas high-end projects continues to increase.
1.2 Road Compaction Machinery
Road Rollers (Steel Drum / Rubber Drum / Double Steel Drum)
Product Definition: Utilizes self-weight and vibration to compact asphalt, subgrade, and gravel pavements.
Main Applications: Highway, municipal road, airport, and port road construction.
Advantages of Domestic Production: High overall machine stability, uniform compaction, low failure rate; high demand in overseas road infrastructure projects.
1.3 Aerial Work Platforms (High Export, High Certification Category)
Product Definition: Boom-type and scissor-type aerial work platforms, used for high-altitude installation, maintenance, and cleaning.
Main Uses: Stadium construction, factory installation, exterior wall construction, power maintenance.
Domestic Advantages: Zhejiang Dingli is a global leader, possessing full CE certifications from Europe and the United States, and is a mainstream equipment supplier in the European and North American rental markets.
1.4 Mining and Tunnel Engineering Machinery
(1) Mining Dump Trucks and Large Excavators
Suitable for heavy-duty and continuous operation in large open-pit mines, resistant to high temperatures, dustproof, and heavy loads.
(2) Tunnel Boring Machines (TBMs)
Domestic manufacturers such as CRCC Heavy Industry and CRRC Equipment have achieved global leadership, and these machines are used in subway, tunnel, and water diversion projects.
1.6 Industrial Material Handling Machinery
Internal Combustion / Electric Forklifts
Applications: Warehouse, port, and factory cargo stacking and handling.
Domestic Advantages: Heli and Hangcha are the two leading exporters in China, with electric forklifts showing the fastest growth rate overseas.
