Cri-report Overview on Chinese Engineering Machinery Industry

Engineering and machinery industry is a national fundamental and pillar industry which plays an important role in national economy. There are about 50,000 manufacturers of engineering and machinery industry in China.

Shanghai, China (prHWY.com) May 22, 2012 - Engineering machinery is a generic term of the construction machinery, which is widely used in the engineering fields, such as buildings, water conservancy, electricity, roads, mine, harbors, national defense, and so on. It is one of the significant industries in equipment industry. The industry chain of engineering machinery is composed of three parts, i.e. the upstream raw material production, the midstream manufacturing of engineering machinery and the downstream construction which consists of road construction, railway construction, airport construction, city construction, real estate construction, industrial logistics, water conservancy and so forth.

Steels are the most important raw materials in the progress of producing and manufacturing of engineering machinery and it is also the main part in product costs of engineering machinery. Generally speaking, the direct steels account for 13% to 15% in the product costs of engineering machinery; if plus with some fitting steels, such as hydraulic parts, engines, purchased parts, and so on, the whole steels used nearly account for over 30% of in the product costs of engineering machinery. Especially for the products, loaders, soil shifters, road rollers, etc., which is with the relatively low unit price but high steel dosage, the cost share of steels is higher.

The manufacturing of engineering machinery is divided into manufacturers of parts and host machines. The parts technical level of domestic industry is not high and the development of parts is low. The main key supporting technologies which limit the industry is mainly controlled by the overseas. Suppressed by domestic parts technical levels, the manufacturers of the host machines are excessively dependent on the imparted parts. Because of the different industrial scale and compositions of various products, the differences of various products in the aspects of technical structure and contents are large.

Chinese engineering machinery industry is made up of five stages: the first stage is the pioneering period from 1949 to 1961. At the times, it did not form an independent industry, other industries held a concurrent post to produce some small-scale equipment; the second stage is the forming stage from 1962 to 1979, some engineering machinery factories formed; the third stage is overall development stage from 1980 to 1991, the investment in the whole industry was balanced by the State Development Planning Commission (SDPC) and the State Administration of Machinery Industry was established; the fourth stage is the rapid development period from 1992 to 2005, the overseas engineering manufacturers began to invest and built factories in China, the fifth stage is high-speed development period (since 2006 to now).In 2007, the sales revenue of the whole industry reached CNY 222.3 billion, which was 1.95 times that of 2004. Some enterprises start to in the way of realizing the goal of making them become international, comprehensive and large-scale enterprises. Nowadays, Chinese engineering machinery industry has the rapid development. In the 2012 ranking list issued by Yellow Table, Chinese engineering manufacturers keep a rising trend for consecutive six years. Among the top 5 globally, the sales of Chinese manufacturers reaches USD 30.6 billion, accounting for 16.9%. In the past ten years, the proportion of sales of Chinese enterprises increased at least 10 times. The insiders think that the rapid rise of Chinese engineering machinery not only benefits from the wide market of China, but also the development strategies and product line production of Chinese enterprises.

With the development of Chinese engineering machinery industry, the competition in enterprises will become increasing intense.

To get indepth analysis, please see http://www.cri-report.com/263-research-report-on-chinese-construction-machinery-industry-2011-2012.html

###

Tag Words: construction machinery, stages of development, engineering machinery

Categories: Engineering

Press Release Contact
86-21-68521029

Link To This Press Release:

URL HTML Code