Industry insiders believe that in the favorable situation of downstream demand recovery, the sales of construction machinery products better than the previous market expectations. Industry insiders believe that, driven by water conservancy construction, the annual construction machinery industry will be low after the high trend, annual sales revenue is expected to grow about 12%. "In terms of downstream demand, new construction of irrigation and water conservancy projects led the way in February, followed by municipal projects, social housing, roads, railways, commercial housing and mines." At the same time, in the oil pump industry to promote the stimulation of the product sales also picked up significantly.
According to a survey of 27 major loader manufacturers, a total of 17,797 loaders were sold in February, up 150.94% month-on-month and 9.16% year-on-year."
"The loader market performed well in February both on a sequential and year-on-year basis, with the market clearly turning better," the researchers noted.
Data obtained by reporters show that in February, China's main loader sales increased by more than 150% month-on-month, and excavator and other subdivision products sales have also picked up a significant momentum. Xiang Wenbo, president of Sany Heavy Industry, has expressed an optimistic outlook for the 2012 market during the two sessions, "The scale of the domestic construction machinery market is expected to reach 500 billion to 600 billion yuan.
And according to the Forecast of China Construction Machinery Industry Association, 2012 industry sales trend will be low before high, compared with 2011 is expected to grow about 12%."
Experts point out that compared with the past, there are three differences: first, the scale is particularly large and the time is particularly long; Second, the funds can be fully implemented; Third, both the central and local governments attach great importance to the construction of a large number of key projects, and promote the long-term demand for construction machinery products.
To this, this researcher thinks, water conservancy construction is the important factor that drives market to turn warm.
