Excavator industry manufacturers can be roughly divided into four categories. More than 70% of excavators in China are occupied by foreign brands. Domestic brands are mainly based on small digging and medium digging, but the share of domestic excavators is gradually increasing, increasing by 3.6% in 2012.
Domestic excavator manufacturers compete with the development of domestic excavators, mainly to replace the Korean machine as a strategy, Sany is the leader of domestic excavators, sales have risen to sixth. In the first year of the “Twelfth Five-Year Planâ€, the industry continued to decline and it was difficult to conceal the rise of domestic brands. Sany Heavy Machinery rose from the fifth place in 2010 to the first place in 2011, and its market share increased by 3.1 percentage points. Domestic brands that have grown faster are also mountain reconstruction machines and Yuchai machines.
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