Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Construction Equipment Manufacturing in China

China construction equipment manufacturing market: $135.7 billion industry by 2018


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-21 20:38:01 - Construction Equipment Manufacturing in China - a new market research report on companiesandmarkets.com

China is one of the largest manufacturing and consuming countries of building construction equipment. Over the five years through 2013, revenue has been increasing at an annualized rate of 17.7% although growth has been volatile year on year.

The China construction equipment manufacturing market developed strongly from 2009 to 2011 with surging domestic demand. Most of the firms in the industry invested heavily in building new plants and in acquisitions to expand product categories and production capacity. In 2012, as the whole economy slowed, market demand decreased and industry revenue declined by 8.5% from 2011. In 2013, capital investment is expected to increase, which will promote market demand for construction equipment. Therefore, industry revenue is forecast to increase 5.8% to $82.2

 

 

billion.

Many domestic brands have become more influential in the global market. Exports have increased from $8.84 billion in 2008 to an estimated $8.99 billion in 2013. This represents an annualized increase of 0.3%, which masks impressive fluctuation. Competing imports have decreased from $3.48 billion in 2008 to an estimated $2.69 billion in 2013. This represents an annualized decrease of 5.0%, despite a 54.9% and an estimated 8.2% growth in 2010 and 2013, respectively.

ACMR-IBISWorld forecasts that in the five years through 2018, industry revenue will increase 10.5% per year to total $135.7 billion. Although demand from infrastructure construction will increase in the next five years, growth will slow as the industry matures and growth opportunities gradually diminish. There are several trends developing in this industry, including greater merger activity, outsourcing of spare part manufacturing, growth in equipment leasing and an increased foreign presence.

Click for report details: www.companiesandmarkets.com/Market/Construction/Market-Research/ ..

Browse all Construction Market Research Reports www.companiesandmarkets.com/Market/Construction/Market-Research? ..

Browse all Construction Company Profile Reports www.companiesandmarkets.com/Market/Construction/Company-Profile? ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com