Analysis of China Construction Machinery Casting Industry

China's construction machinery casting industry has grown rapidly from small to large, and it has now become a sunrise industry with relatively complete product categories, continuously enhanced innovation capabilities, and strong market demand. Especially in recent years, the development speed of the construction machinery industry has been further accelerated, which not only has increased the output of construction machinery castings manufacturers, but also has increased the technological content of products. However, the problem of China's construction machinery casting industry is not optimistic: small scale, low industrial concentration, irrational product structure, weak independent innovation capability, backward equipment and process, high input, high consumption, high pollution, low efficiency, and low efficiency The development approach highlights that the industrial base remains fragile. Accelerating the technological innovation capability of China's engineering machinery casting products and strengthening industry, research, and research cooperation in R&D of the industry has become an urgent task.

Industry analysts pointed out that the regional characteristics of China's construction machinery castings are relatively clear, and the foundry industry clusters in the “Yangtze River Delta” region, Shandong, Shanxi, Liaoning and Guangdong have formed. Industrial agglomeration in these areas will help create more cooperation opportunities and enable interaction in training, finance, development, marketing, and export, and will promote the development of the construction machinery casting industry.

In recent years, the construction machinery industry has developed rapidly, mainly due to the promotion of downstream industries in the industry. The engineering machinery casting industry is also due to the rapid development of the construction machinery industry, which brings development opportunities to the construction machinery casting industry. In 2013, the market size of China's construction machinery casting industry reached 141.991 billion yuan, an increase of 24.1% year-on-year.

In 2010, the construction machinery industry's revenue will reach 400 billion yuan, an increase of more than 25%. In 2015, it will reach more than 870 billion yuan, with an average increase of more than 17%. The overall market prospect is very promising, the growth rate is twice the GDP, and the industry will usher in the next five years. The real peak of development.

According to the “2014-2018 China Construction Machinery Casting Market Survey Report,” the Chinese construction machinery casting industry still maintains a period of rapid development in the next few years. The reason for promoting the rapid development of China's engineering machinery casting industry is that, on the one hand, due to the rapid development of the domestic machinery industry, the internal demand for castings has increased; on the other hand, the international casting market has become increasingly active, and the export volume of castings has increased year by year. Therefore, from a large environment, investment casting industry has a broad market prospect.

In the face of a huge market space, R&D centers are set up, focusing on technological innovation; strengthening the research and development of new products and improving the technical performance of the whole machine; paying attention to basic and forward-looking research, and advancing toward hybrid and intelligent excavators, and improving the local brand market Occupancy will play a role. At the same time, spare parts will still be a key factor restricting the expansion of domestic excavator companies.

In response to the existing deficiencies, many domestic host manufacturing companies are or have already found ways to increase brand competitiveness in the short term. At the same time, companies should strengthen the development and production of parts and components, increase the proportion of their own parts; improve the level of product intelligence, information, automation, and enrich product functions; comprehensively improve the overall reliability of products, and gradually reduce the quality of products with Europe and the United States gap.