Chinese construction machinery companies still have room for growth in Asia, Africa and Latin America

China's construction machinery products, if you want to enter the developed countries in Europe and the United States, the emission standards are the most direct threshold for establishing a Chinese company. Although there are “emission barriers” in the European and American markets, some experts pointed out that there is still room for China’s domestic construction machinery companies to increase in Asia, Africa and Latin America.

Facing the ups and downs of roller coaster-type sales in the domestic construction machinery market this year, this is similar to the market situation in 2005, which is a cyclical adjustment. Chinese hardware engineering machinery companies now want to go out, but if they want to enter the developed countries of Europe and the United States, emissions are still the threshold to bypass.

According to the “Twelfth Five-year Development Plan for China Construction Machinery Industry”, by 2015, the sales volume of the construction machinery industry in China will reach 900 billion yuan, and the average annual growth rate will reach 17%, of which about 26 billion US dollars will be exported. In 2015, the industry’s sales revenue and exports both more than doubled over 2010.

The research agency predicts that in the first two years of the “Twelfth Five-Year Plan”, China’s construction machinery exports will maintain a recovery growth rate based on 2010; in the next three years, it will show rapid growth. By 2015, the international market’s demand for mainframe products of construction machinery will increase. Will reach more than 200 billion U.S. dollars. The export of construction machinery products in China will reach more than US$26 billion and become a world exporter.

However, since January of this year, the European Union has implemented Stage IIIB emission standards for diesel engines with non-road mechanical power ranging from 130kW to 560kW. Following the Copenhagen climate conference, international attention has been paid to carbon emissions, energy conservation, and environmental protection.

If China's domestic construction machinery products are to enter the European and American developed countries, the emission standards are the most direct threshold for setting up in front of Chinese companies.

Although there are “emission barriers” in the European and American markets, some experts pointed out that there is still room for China’s domestic construction machinery companies to increase in Asia, Africa and Latin America.

In particular, a group of emerging economies, represented by India and Brazil, have gradually moved from recovery to rapid industrialization. They have a strong demand for infrastructure construction and construction equipment, and have great potential for increasing China’s market share in emerging economies.