First, China's construction machinery is expected to maintain rapid growth in 2011. As China's investment in the protection of housing, railways, and regional economy continued to maintain a relatively high growth in 2011, it effectively promoted the steady growth of demand for the construction machinery industry.
Second, in many segments of construction machinery, the loader is relatively mature, and the excavator started later. In recent years, the sales of excavators in China have grown rapidly, with a year-on-year increase of 75.5% in 2010. In the field of traditional loaders such as infrastructure and mines, the two models currently compete on the same stage, and they have certain substitution and mutual promotion. However, there is a big gap between the price of loaders in China and excavators, and the conditions of working conditions in our country are complex, which limits the excavator's replacement of loaders.
3. At present, Liugong, Xiagong and Longgong, the leading loader companies in China, have entered the excavator market, and state-owned brands quickly seize market share. Although the current national excavator market is dominated by foreign brands such as Doosan, Komatsu, Hitachi, etc., which accounted for more than 70% of the market, the domestic brand products developed rapidly, of which Sany Heavy Industries was particularly prominent. In January 2011, sales exceeded that of foreign brands. the first.
As for the analysis and comparison of excavators and loaders, the two models compete with each other in some areas, forcing the loaders to continuously update. At the same time, the working conditions in our country are relatively complex, limiting the excavator's replacement of the loader. In terms of individual stocks, as Sany Heavy Industry has no loader products, it can fully enjoy the results of the rapid growth of excavator sales. The Liugong, Xiagong and other existing loaders, as well as excavator companies, the common progress of the two products also give the company the opportunity for rapid development.
Second, in many segments of construction machinery, the loader is relatively mature, and the excavator started later. In recent years, the sales of excavators in China have grown rapidly, with a year-on-year increase of 75.5% in 2010. In the field of traditional loaders such as infrastructure and mines, the two models currently compete on the same stage, and they have certain substitution and mutual promotion. However, there is a big gap between the price of loaders in China and excavators, and the conditions of working conditions in our country are complex, which limits the excavator's replacement of loaders.
3. At present, Liugong, Xiagong and Longgong, the leading loader companies in China, have entered the excavator market, and state-owned brands quickly seize market share. Although the current national excavator market is dominated by foreign brands such as Doosan, Komatsu, Hitachi, etc., which accounted for more than 70% of the market, the domestic brand products developed rapidly, of which Sany Heavy Industries was particularly prominent. In January 2011, sales exceeded that of foreign brands. the first.
As for the analysis and comparison of excavators and loaders, the two models compete with each other in some areas, forcing the loaders to continuously update. At the same time, the working conditions in our country are relatively complex, limiting the excavator's replacement of the loader. In terms of individual stocks, as Sany Heavy Industry has no loader products, it can fully enjoy the results of the rapid growth of excavator sales. The Liugong, Xiagong and other existing loaders, as well as excavator companies, the common progress of the two products also give the company the opportunity for rapid development.
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