Excavator oil pipe pipeline solution
Category： Solutions
Product Details
The construction machinery industry has a strong cyclicality, which is closely related to the fluctuation of China's macro-economy and fixed assets investment; Especially various types of construction machinery products related to investments in metallurgy, wind power, and petrochemicals are greatly affected by macroeconomic fluctuations. The demand for construction machinery, represented by excavators, mainly depends on downstream construction demand, which mainly comes from infrastructure construction, real estate investment, mining and other sources.
(1) Excavators: The domestic demand for new excavators is slowing down, and the demand for updates is dominant. Alternative demand is expected to exist for a long time, and it is expected to gradually hit the bottom in 2023. The export market continues to grow rapidly, increasing its contribution to excavator sales from 20% in 2021 to 40% -50% in 2022.
(2) The sales of cranes and excavators are strongly correlated, and with the increase in export proportion, the demand for updates is highlighted. It is expected that the sales will bottom out in 2023.
(3) The periodicity of pump trucks and mixer trucks is similar, with 2021 being the high point for updating demand. With the increase in export demand, it is expected that 2022 will be the low point for pump truck sales, and 2023 will gradually recover.
(4) Industry internationalization, electrification, and digital development. Leading companies: Sany Heavy Industry, Hengli Hydraulic, Zoomlion Heavy Industry, and XCMG Machinery.
(5) Forklifts: Continuous driving force brought by improved domestic demand, electrification, and exports. With the easing of the epidemic in China, the resumption of work and production has accelerated, and the marginal demand for manufacturing and logistics industries has improved; Overseas demand remains strong and is expected to maintain rapid growth in 2023; The replacement of internal combustion forklifts by electric forklifts has a strong logic and a certain trend, which is expected to significantly increase industry revenue and performance. It is expected that the demand for forklifts will have a CAGR of 11% from 2022 to 2025, with a scale of approximately 65 billion yuan in 2025. Domestic duopoly competition pattern, continuously recommending Hangcha Group and Anhui Heli.
▶ Application of Excavator Pipeline System
Continental product selection solution:
ContiTech is a leading global manufacturer in the field of non tire rubber and plastic technology. As a development partner and original manufacturer, the company is committed to designing, developing, and producing various functional components and systems for the automotive industry, machinery and instrument manufacturing, railway vehicles, printing, construction, chemical and petrochemical industries, navigation, aviation, and mining industries.
keyword： Excavator oil pipe pipeline solution
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Fujian Petro Fluid Technology Co., Ltd.
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