used excavator leading to a rapid recovery and overseas layout

Release date 2026-03-07 14:47:16 Reading 11

used excavatorThe mechanical equipment industry has entered a new stage of growth, and domestic demand is expected to increase rapidly, leading to a rapid recovery and overseas layout

In January, the ratio of excavators to gas sales increased, and the industry gradually entered a new stage of growth. In terms of the domestic market, in the future, driven by policies such as equipment updates and local government debt, domestic demand is expected to increase rapidly and recover. As an exporter, China's construction machinery host factories have been expanding overseas for many years. Domestic construction machinery products have competitive advantages in terms of price, and the competitiveness of domestic host factories in overseas markets continues to increase. In the context of domestic and international demand resonance, the demand in the construction machinery industry is expected to continue to improve. Currently, the construction machinery industry is characterized by a combination of internal and external needs and technological upgrades. It is recommended to focus on high-quality companies that have complete market advantages and actively layout overseas markets.

The important views of the supervisor of Wanlian Securities are as follows:

industry event

used excavatorThe China Construction Machinery Industry Association released the latest statistical data, showing that 708 excavators of various types were sold in January, a year-on-year increase of 0.5%; Compared with the sales of various types of loaders in January, 759 units were sold, a year-on-year increase of 0.5%.

In January, the sales of Chinese excavators were repaired more happily domestically, and exports continued to be prosperous

According to statistics from major excavator manufacturers answered by the China Construction Machinery Industry Association, 708 units of various types of excavators were sold in January 2026, a year-on-year increase of 0.5%. Among them, the domestic sales volume research showed 723 units, a year-on-year increase of 61.4%; The export volume was 9985 units, a year-on-year increase of 0.5%. In terms of electrification, 35 electric excavators were sold in January, of which 24 were sold domestically and a large number were exported.

Domestic and international sales volume and high growth of Chinese loaders in January

According to statistics from the China Construction Machinery Industry Association on major manufacturers of loaders, the sales of various types of loaders in January 2026 were 759 units, a year-on-year increase of 5.5%. Among them, the domestic sales volume was 5293 units, a year-on-year increase of 42.8%; The export volume was 6466 units, a year-on-year increase of 0.4%. In terms of electrification, 990 electric loaders were sold in January, of which 2701 were sold domestically, corresponding to a penetration rate of about 51%. Electrification has become an important lever for new additions and structural upgrades; The export volume is 289 units. With the expansion of application scenarios and the recognition of economic viability by the market, the installed capacity of electric loaders has become the core driving force for sales and structural upgrades, while electric excavators are still in the early stages of trial operation.

On the one hand, the strong start in sales was affected by the lower base of the same period last year and the disturbance of the wrong position during the Spring Festival

On the one hand, it amplifies the rapid year-on-year increase, and on the other hand, it can accelerate the issuance of special bonds and the concentrated construction of major infrastructure projects. The update cycle has started and requires repairing the bottom warehouse internally. The construction machinery industry has obvious cyclicality, and is currently preparing to enter a period of centralized equipment replacement, coupled with large-scale equipment updates and the continuous promotion of policies to eliminate old equipment. The internal demand for updates has begun to dominate, bringing more stable bottom demand. Continued high prosperity is needed externally, and going global has become a certain support. In January, exports of excavators and loaders increased by 0.5% and 0.4% respectively, with excavator exports accounting for over 53% and loader exports accounting for over 54%. This indicates that overseas demand plays a strong role in supporting the off-season. The penetration and competitiveness of Chinese brands in the global market are entering an explosive period, and foreign demand has become an indispensable support for smoothing domestic cycles and driving growth.

used excavatorRisk factors: unexpected risks in real estate and infrastructure investment, unexpected risks in policy implementation, risks of intensified industry competition, risks of international trade frictions, and risks of RMB exchange rate fluctuations.

In recent years, Chinese construction machinery host factories have accelerated their "going global" efforts by establishing overseas production bases, research and development centers, and service networks to promote the upgrading from product exports to industrial globalization. According to industry information, the following are engineering machinery host factories mainly engaged in overseas layout:

Three Major Projects (SANY)

The three major projects are one of the earliest Chinese construction machinery enterprises to layout overseas markets, with Africa, Southeast Asia, Europe and America as key markets. The company has multiple research and development and manufacturing bases overseas, and showcased its global strategic achievements at the Changsha International Construction Machinery Exhibition.

There is a Zoomlion in the middle

used excavatorIn early 2026, Lianzhong Heavy Industry announced the delivery of over 15000 units of equipment to multiple international markets worldwide, with a total value of approximately 8.5 billion yuan (approximately 1.2 billion US dollars), covering 23 countries including Germany, Australia, and the United Arab Emirates. Its high-end intelligent and low emission equipment has shown strong performance in the international market.

Liugong Group, Guangxi

Liugong Group plans to increase the proportion of overseas business from the current 43% to 50% in the next three to five years. The company has established more than 30 subsidiaries overseas and sold its products to over 170 countries and regions. New energy products such as electric excavators have performed well in overseas markets.

Sunward Intelligence

As an important member of Changsha's "Five Dragons Going Global" initiative, Shanhe Intelligence actively expands overseas markets, especially strengthening localized services and cooperation in countries along the "One Belt, One Road" initiative, and promoting dual output of products and technologies.

Slow Industry Group (XCMG)

Although not directly extracted from the current data, as a leading exporter in China's construction machinery industry, Mr. Xu has long been expanding into the global market, with production bases and marketing networks in Europe, North and South America, the Middle East, and other regions. His export volume has consistently ranked among the top in the industry (based on industry consensus).

used excavatorOther enterprises

used excavatorTraditional Chinese Medicine International, China Railway Construction Heavy Industry, and others are also promoting overseas projects in specific fields such as tunnel boring machines and mining equipment, in line with the national "One Belt, One Road" initiative to expand international markets.

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used excavator leading to a rapid recovery and overseas layout

High quality and low price

We guarantee the quality of each machine and promise to offer you the most favorable price.

used excavator leading to a rapid recovery and overseas layout

We guarantee the quality of each machine and promise
to offer you the most favorable price.