China is one of the largest manufacturing and consuming countries of building construction equipment. But over the five years to 2017, revenue has been decreasing at an annualized rate of 4.5%.Industry development has been volatile during the past five years. Most of the operators in this industry invested heavily in building new plants and in acquisitions in order to expand product categories and production capacity. In 2012, as the whole economy slowed, market demand decreased and industry revenue declined 10.6%. With the economic recovery in 2013, revenue increased slightly by 2.4% to total $79.0 billion. In 2014 and 2015, overall economic growth slowed again and demand from main downstream industries was weak, leading to a 5.7% and 17.1%...purchase to read more.

Industry Statistics & Market Size
Revenue
$61bn
Annual Growth 12-17
-4.5%
Forecast Growth 17-22
Profit
Employment
338,277
Businesses
893

Industry Report - Starting a New Business Chapter

Investment scaleThe need to invest in large and efficient manufacturing facilities can discourage competitors from entering the industry. Minimum scale requirements in the industry necessitate large capital outlays. There are high costs associated with the construction of facilities and the development of new manufacturing capacity, which is a significant deterrent to entry.Technical expertiseAs existing firms have technical expertise, skilled workers and advanced technology, it can be difficult for new firms to establish the processes to enter the industry...purchase to read more.

Additional Insights for the Construction Equipment Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Construction Equipment Manufacturing Industry are

  • Access to highly skilled workforce
  • Ability to quickly adopt new technology
  • Having a cost effective distribution system
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Building Construction and World price of crude oil in the Construction Equipment Manufacturing industry impact industry performance..

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    What's in this report

    What is the Construction Equipment Manufacturing Industry?

    The Construction Equipment Manufacturing industry manufactures the heavy equipment used on construction sites for buildings and municipal public engineering projects, such as roads, dams and drainage. Industry products include bulldozers, wheel loaders, hydraulic crawler excavators, vibratory rollers and spare parts for construction machinery.

    Industry Products
  • Excavators
  • Wheel loaders
  • Road surface equipment
  • Concrete equipment
  • Bulldozers
  • Spare parts for construction equipment
  • Other construction equipment
  • Industry Activities
  • excavators
  • road surface equipment
  • concrete equipment
  • bulldozer equipment
  • construction machinery spare parts
  • wheel loaders
  • other building and construction equipment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Building Construction
  • World price of crude oil
  • Merchandise Trade - Balance (Exports - Imports)
  • Building Stock, Residential and Commercial (Age of)
  • Upstream Supply - Metal Ore Mining

  • Current Performance
    International tradeIndustry structureTechnology and development
  • Chart: Revenue Growth

  • Industry Outlook
    International tradeTechnology and systemsIndustry trends
  • Table: Construction Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Construction Equipment Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Building Construction
  • Road & Highway Construction
  • Residential Real Estate
  • Commercial Real Estate

  • Key Selling Industries
  • Engine Manufacturing
  • Iron & Steel Casting

  • Products & Services
  • Excavators
  • Wheel loaders
  • Spare parts for construction equipment
  • Bulldozers
  • Road surface equipment
  • Other construction equipment
  • Concrete equipment
  • Chart: Construction Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Economic growth
  • Development of downstream industries
  • Technological innovation
  • Government regulations

  • Major Markets
  • Users
  • Distributors
  • Purchasers of second-hand equipment
  • Other
  • Chart: Major Market Segmentation for the Construction Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Construction Equipment Manufacturing

  • Basis of Competition
  • Price
  • Quality
  • Service
  • Distribution networks
  • Client relationships
  • Technical expertise
  • Foreign versus domestic firms

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Construction Equipment Manufacturing Industry

  • Industry Globalization
    Sany Group Co., Ltd., Zoomlion Heavy Industry Science & Technology Development Co. Ltd., Xuzhou Construction Machinery Group, Guangxi Liugong Machinery Co., Ltd., Shandong Heavy Industry Group,
  • Table: Sany Group Co., Ltd. - financial performance
  • Table: Zoomlion Heavy Industry Science & Technology Development Co. Ltd. - financial performance
  • Table: Xuzhou Construction Machinery Group - financial performance
  • Table: Guangxi Liugong Machinery Co., Ltd. - financial performance
  • Table: Shandong Heavy Industry Group - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Construction Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Construction Equipment Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Earth Moving Machinery Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bulldozers
  • Road construction machinery with large metal blades to push dirt and gravel.
  • Excavators
  • Construction and agricultural machinery for the excavation of earth.
  • Hydraulic Machines
  • Heavy construction equipment that uses fluid for power transmission.
  • What Our Customers Say

    Why buy this report?

    The Construction Equipment Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Construction Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Construction Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Construction Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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