Analysis on the current situation of production and marketing of China's municipal engineering machinery and equipment market in 2021

Municipal engineering machinery products have some common characteristics. They all provide technical equipment for civil engineering, road and bridge and mine engineering construction, which are jointly affected by factors such as national investment in fixed assets and infrastructure construction.

In recent years, with the development of market economy, the competition mechanism has accelerated the speed of new products, scientific research and development and the renewal of old products. China's municipal engineering machinery product structure has made significant progress. There are a complete range of medium-sized and conventional products, and excavators, loaders, bulldozers, rollers Grader, concrete pump, asphalt paver and other products with high performance and cost performance. The production and sales of these products have experienced a decrease in the early stage and a gradual increase in the later stage.

Main listed companies of municipal engineering machinery and equipment products: at present, the domestic listed companies producing excavators, loaders, bulldozers, rollers and pavers mainly include Taiyuan Heavy Industry (600169), Shantui Co., Ltd. (000680), Beifang Co., Ltd. (600262), Sumida (600710), Liugong (000528), XCMG machinery (000425), Hegang resources (000923), Zoomlion (000157), Shanhe intelligent (002097) Xiagong Co., Ltd. (000528), etc.

The core data of this paper: excavator production and sales, loader product sales, bulldozer sales in China, roller sales and paver sales

The output of excavators is cyclical, with an output of 401096 units in 2020

According to the data of the National Bureau of statistics, the output of excavators in China was cyclical from 2008 to 2020. From 2008 to 2011, it experienced an upward stage, the output began to decline from 2011 to 2015, and the output of excavators in China began to rise again from 2015 to 2020, reaching 401096 units in 2020, a year-on-year increase of 53.6%.

The sales volume of excavators is V-shaped, and the output will be 327600 units in 2020

According to the data of China Construction Machinery Industry Association, the sales volume of excavator products showed a V-shape from 2010 to 2020, with the characteristics of periodic change. In 2020, the sales volume of excavators, the main product of China's construction machinery, was 327605, with a year-on-year increase of 39%.

The sales volume of loader products decreased first and then increased, tending to be stable

Loader is a kind of earthwork construction machinery widely used in highway, railway, mine, construction, hydropower, port and other projects. It is mainly used to shovel, load, unload and transport soil and gravel bulk materials. It can also carry out light shoveling operation on rock and hard soil. If different working devices are changed, its application range can also be expanded to complete bulldozing, lifting, loading and unloading of other materials.

In the construction of highway, especially expressway, it is mainly used for filling and excavation of subgrade engineering, aggregate and loading of asphalt and cement concrete stockyard. Because it has the advantages of fast operation speed, high efficiency and light operation, the loader has developed rapidly at home and abroad and has become one of the main types of earthwork construction machinery in highway construction. The operation objects of the loader are mainly: various soils, sand and gravel, ash and other bulk materials for road construction.

According to the data of China Construction Machinery Industry Association, in 2011, the sales volume of loader products reached the maximum value of 258901 in recent years, and then fluctuated to 73581 in 2015. Since 2016, the sales volume has increased year by year. In 2020, the sales volume of loader products was 131176, an increase of 6.12% over the previous year.

The sales volume of bulldozers in China fluctuates in a downward increasing downward cycle, but the overall sales volume has been declining in recent ten years

Bulldozer is a multi-purpose self-propelled construction machinery. It can shovel and move soil, sand and gravel. In highway construction, bulldozers usually complete the treatment of subgrade base, borrow soil on the roadside to fill the embankment with a horizontal height of no more than 1m, move the excavation and filling along the longitudinal direction of the highway center to complete the subgrade excavation and filling works, and borrow soil near the mountain to build the subgrade with half embankment and half cutting. In the stabilized soil mixing plant and asphalt concrete mixing plant, bulldozers are often used to complete the stacking of loose aggregates.

Bulldozer is a mature variety in the whole field of municipal engineering machinery. In recent years, in order to quickly and effectively stimulate domestic demand, the state has adopted an active fiscal policy, which has greatly stimulated consumption by continuously increasing the central government's investment in capital construction, supplemented by the promotion of local finance and the intervention of private capital, and the bulldozer market continues to heat up.

According to the data of China Construction Machinery Industry Association, from 2010 to 2015, the sales volume of bulldozers (above 100 horsepower) showed a downward trend year by year. In 2016, the sales volume began to rise. In 2020, the sales volume was 5907 units, an increase of 1.7% over the previous year.

The overall sales volume of roller is V-shaped, and the sales volume in 2020 is 19479 sets

Roller is an important pavement machinery in construction machinery. It is widely used in the filling and compaction of large-scale projects such as high-grade highway, railway, airport runway and dam. Driven by the policy, the roller has ushered in unprecedented huge business opportunities. According to the statistics of pavement and compaction machinery branch of China Construction Machinery Association, in 2020, the main engine manufacturing enterprises included in the statistics sold 19479 sets of various rollers, a year-on-year increase of 14.7%.

Road rollers are widely used in the construction of high-grade highways and roads such as expressways, class I highways, class II highways, class III highways and class IV highways. Compared with other infrastructure construction projects, the contribution rate of road construction to the market demand of road rollers exceeds 50%, The investment status of highway construction is highly related to the demand of roller market.

Under the influence of the gradual improvement of highway construction mechanization, the roller will usher in a round of rapid release of demand. With the high-level operation of China's highway construction, the roller will become a potential model in the construction machinery industry.

The overall sales volume of pavers is V-shaped, and the sales volume will be 2610 in 2020

According to the statistics of pavement and compaction machinery branch of China Construction Machinery Industry Association, since 2015, the sales volume of pavers in China has shown a fluctuating growth trend. In 2020, due to the impact of the epidemic, domestic engineering projects were shut down to varying degrees, and the sales volume of pavers was affected to a certain extent. The sales volume of pavers in China in 2020 was 2610, a year-on-year decrease of 5.9% compared with 2773 in 2019.