Dec 24, 2020 10:38 PM (GMT+8) · EqualOcean
According to the prediction of Shenwan Hongyuan construction machinery team, the sales volume of excavators in December increased by 55% - 60% year-on-year, and the number of operating hours will also remain high. Prior to this, the cumulative sales volume from January to November was 296000 units, a year-on-year increase of 37%. Looking forward to 2021, the prospect of construction machinery is expected to continue due to the factors such as the increase of the population, the stimulation of replacement demand by the upgrading of engine emissions, and the start of major construction projects at the beginning of the 14th five year plan. Leading enterprises rely on product performance and service advantages, supply chain advantages, etc., to establish a deeper brand moat. Related companies include Sany Heavy Industry, Hengli hydraulic, etc.
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