Economy

The construction machinery industry is accelerating its transformation and upgrading

2025-12-03   

The latest data from the China Construction Machinery Industry Association shows that in the first ten months of this year, the industry sold a total of 192000 excavators, a year-on-year increase of 17%; A total of 104000 loaders were sold, a year-on-year increase of 15.8%; A total of 1.22 million forklifts were sold, a year-on-year increase of 14.2%. Since the beginning of this year, with the continuous manifestation of macroeconomic policy effects, the industry development environment has steadily improved, and major economic indicators have achieved stable growth. ”Su Zimeng, President of China Construction Machinery Industry Association, said. Upon careful analysis of the reasons for industry recovery, in addition to the release of policy dividends, the progress made by the industry in transformation and upgrading has played a key role. Digitization leads industry transformation. At this year's China (Beijing) International Construction Machinery Exhibition, a batch of intelligent products made a stunning appearance. For example, Guangxi Liugong Machinery Co., Ltd. has brought a large-scale smart mining solution. Unmanned excavators operate accurately according to instructions, unmanned mining trucks automatically plan routes based on intelligent scheduling systems, unmanned leveling machines level and unmanned road rollers compact in one go, and a series of construction machinery achieve unmanned grouping operation. The entire process does not require manual intervention, which reduces personnel safety risks and improves work efficiency by 15%. ”The person in charge of Liu Gong said. The loader brought by Xuzhou Construction Machinery Group Co., Ltd. can achieve L3 level unmanned driving. The device can rely on laser radar, high-definition cameras, and various sensors to construct a three-dimensional point cloud map of the surrounding environment, achieving autonomous unmanned operations. Su Zimeng introduced that currently unmanned engineering machinery has been applied in relatively closed scenarios such as ports, steel mills, and mixing plants. Greening and accelerating transformation. Greening is an important aspect for the industry to achieve new breakthroughs. Electric construction machinery is gradually forming a competitive advantage with good adaptability to working conditions, zero exhaust emissions, low noise, high reliability, easy maintenance, and high efficiency, "said Su Zimeng. Taking the XE270EV pure electric excavator launched by XCMG Group as an example, under heavy load conditions, fast charging for 2 hours can continuously operate for 6 hours; Under light load conditions, fast charging for 2 hours can sustain operation for a whole day. Electric excavators have a daily electricity bill of only over 100 yuan, while fuel powered excavators have a daily fuel bill of over 1000 yuan, reducing usage costs by nearly 90%. ”The person in charge of a steel plant in Tangshan, Hebei Province said that the maintenance cost has also been reduced from more than 2000 yuan per time to around 500 yuan. Data shows that by 2024, the penetration rate of electric lifting platforms in China will reach 92.5%, the penetration rate of electric forklifts will reach 73.6%, and the proportion of electric loaders will reach 10.4%. Internationalization, the process continues to accelerate. According to data from the China Construction Machinery Industry Association, the export value of construction machinery in China reached 48.526 billion US dollars in the first ten months of this year, a year-on-year increase of 12%. Previously, the overall export value of the industry had achieved growth for four consecutive years. With the continuous improvement of the advanced industrial foundation and modernization of the industrial chain in China's construction machinery industry, the internationalization process of the industry continues to accelerate. ”Su Zimeng said. From Southeast Asia to Europe, from Africa to South America, the presence of Chinese construction machinery can be seen everywhere. Recently, Australia's Fords River Group announced that it will purchase 150 to 200 240 ton pure electric mining trucks from XCMG Group between 2028 and 2030. This not only represents the recognition of China's construction machinery by the global high-end market, but also the largest green mining machinery export order signed by China so far. For leading enterprises in China's construction machinery industry, many of them have overseas business revenue of nearly half, or even more than half. According to the "2025 Global Top 50 Construction Machinery Manufacturers Ranking", XCMG Group and Sany Heavy Industry have entered the top ten, with XCMG Group ranking fourth. Although the adverse effects of external environmental changes have increased, China's construction machinery technology, products, and services are increasingly recognized by international users, and the overseas business layout of industry enterprises is constantly improving. This year, the export volume of the entire industry will still maintain a high level. ”Su Zimeng stated that the Chinese construction machinery industry will continue to show a stable and progressive development trend. (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:People's Daily

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