This bulldozer growth momentum remained strong industry concentration strengthened

[China pavement machinery exclusive observation] bulldozer,excavator and other construction equipment products, are to follow the overall trend of construction machinery industry to go. After the industry fell into a cliff-like decline in 2011, sales of bulldozers also dropped sharply, dropping from about 13,542 at the peak in 2010 to 3,682 in 2015. The industry bottomed out in 2016, ending a five-year decline. Bulldozers sales growth in the first 10 months of 2017 increased steadily According to the authoritative data of the trade associations, the sales volume of bulldozers in the single month in October 2017 was 386 units, up by 50% over the same period of last year. This year, with the exception of the year-on-year decline in March, the sales of bulldozers rose YoY in the remaining months, of which 7 months rose more than 50% YoY and the industry enjoyed a strong upward trend. January to October total sales of bulldozers 4,890 units, compared with the same period in January-October 2016 3,482 units, an increase of 40%. In October, SHANTUI saled 212 bulldozers, accounting for 55% of the total sales volume. Xuan Gong and Liugong took 50 units and 42 units respectively for sales in second and third place. From January to October, SHANTUI total sales of bulldozers 3445 units, about 70% of the total sales; followed by Xuan Gong, Liugong. Enter 2017, bulldozers will start to take advantage of the pick-up in the industry. With three consecutive months of 50% year-on-year high growth and a particularly eye-catching export, the bulldozer has played a driving role in the high growth of the industry. For enterprises, SHANTUI still as the domestic industry chiefs, come out on top, with Caterpillar, Komatsu together, "one-third of the world." Exports have become a major bright spot for bulldozers sales growth Overseas markets, especially the "One Belt and One Road Initiative," are also an important factor in boosting the substantial growth of the construction machinery industry. According to authoritative statistics from the trade associations, from January to September, exports of construction machinery to the countries along the "Belt and a Road" hit 6.17 billion U.S. dollars, An increase of 11.7% . In October, bulldozer export data continued outstanding performance in the past few months, a total of 137 units were exported, a substantial increase of 197.82% over the same period, exports accounted for 35% of total sales. From January to October, a total of 1417 bulldozers were exported from various models, accounting for 28.98% of the total sales, up from 616 units last year, an increase of 130% and a strong export sales. Export growth also contributed to the growth of the overall sales growth.

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