Investment Analysis of China Excavator Industry -

High-end Oriented Excavator Products and Parts

Li Hong Bao, an expert who has deep study on the research of other countries' international construction machinery industry said that we can see from the upgrading of Japanese construction machinery industry, that the mining high-end machinery products is one of the main development direction in the future. The face of the oil crisis, rising costs, a series of unfavorable factors in the appreciation of the local currency, Japan actively develops high-value-added excavator products such as hydraulic excavators, which gradually reduces the proportion of low-value-added products such as bulldozers, and loaders. Bulldozers, hydraulic excavators and loaders, hydraulic excavators in Japan's high-margin shipping value proportion increased from 31.54% in 1971 to 68.20% in 1977, while the low-value-added bulldozers and loaders respectively decreased from 31.54% and 36.92% to 17.81% and 13.99%. At the same time, the structure of Japanese excavators export products continues to be optimized and has a rapid growth in exports of high-value-added excavator products such as hydraulic excavators and hydraulic excavator parts, and the low marginal benefit products fell more obviously.

Critical Excavator Parts Localization is Imperative

A problem that must be acknowledged that currently in China the core technology of the mining machinery industry is still controlled in the hands of foreign suppliers, which will undoubtedly reduce the competitiveness of domestic excavator brands. To change this phenomenon cannot happen overnight, and it needs to consider long-term. We must first establish the perfect R & D, manufacture, testing and supply system of excavator spare parts, the host machine enterprises should intensify efforts to support excavator parts enterprises, while we should vigorously cultivate technical talents, and vigorously make production innovation, so as to cultivate our own characteristics. To realize the critical parts localization is the direction of the joint efforts and struggle of the mining machinery industry in China.

Upcoming Excavator Industry Low-carbon Era

The upgrading of the mining machinery industry will benefit from the new economy and the development of low-carbon economy. According to the decision of the State Council on accelerating the development and the development of strategic emerging industries", the next 10 years will be focused on the development of seven strategic emerging industries, including energy conservation and environmental protection, new generation of information technology, biotechnology, high-end equipment manufacturing industry as the national economy's pillar industries. Form healthy development in 2015, the strategic emerging industries, coordinate the promotion of the basic pattern, significantly enhanced role on the upgrading of the industrial structure, increase the value of the proportion of gross domestic product and strive to reach about 8%, to 2020, the strategic emerging industry accounted for the proportion of gross domestic product (GDP) will try to reach about 15%. In the era of the new economy, low-carbon environmental protection and energy saving technology will have a wide application in the mining machinery industry, and the entire mining machinery manufacturing industry is expected to take the lead to upgrade.

www.filtermanufacturers.net is one of the largest professional mechanical construction enterprises in China. Our company is specialized in producing, developing, and selling the whole range of Excavator Parts, such as all kinds of Filters, Alternators, Starters, Water Pumps, Cylinder Blocks, Cylinder Heads, Oil Covers, Oil Coolers, Oil Separators, Stepping Motors, Pistons & Piston Rings, Liners, Ignition Switches and Camshafts etc. Welcome to visit our website for more information!

This article comes from:http://pannel.aluminum-machine.com/excavator-parts/investment-analysis-of-china-excavator-industry.htm