Mar 19, 2021 11:40 PM (GMT+8) · EqualOcean
Bohai Securities pointed out that in terms of construction machinery, the sales volume of excavators from January to February 2021 increased by 149.2% year on year. According to the data of major downstream application industries in the previous two months, the cumulative growth rate of infrastructure and real estate investment has achieved substantial growth. The cumulative growth rate of infrastructure investment is 34.95% year-on-year, the cumulative growth rate of real estate development investment is 38.3% year-on-year, and the boom of construction machinery continues to pick up. In terms of policy, the fourth national emission standard for non road mobile machinery is set to be implemented by the end of 2022, and the replacement of existing equipment, which is superimposed on the previous industry peak, will enter the peak period, which is expected to continue to drive the demand for construction machinery renewal. In addition, in the future, as the global epidemic situation gradually eases after the popularization of vaccines, excavator export data is expected to maintain a steady recovery trend. To sum up, it is estimated that the overall sales volume of excavators in 2021 is expected to maintain a growth rate of about 10%.

This text is a result of machine translation.