Construction machinery rebounded at the end of this year is more clear, the industry warmer until the first half of next year. The first half of this year, the 9 main products of construction machinery parts sales year-on-year or negative growth, but by October, the majority of products to achieve a growth rate from negative to positive, the most obvious is the excavator, before October the cumulative growth of 16.9%.
From now on, the bottom of the industry has been relatively clear, the industry rebound trend has a certain inertia of time, can be maintained until the first half of 2017. The main products are engineering machinery three excavators, loaders and concrete machinery, these three products represent the industry really rise up, now the excavator has been more obvious, the loader still has a negative growth, the lack of timely statistics concrete. Excavator product, small dig dig large profits thin, is the main source of profit, now see in the big dig product sales have picked up is a good sign; loader products, more than domestic brands great advantage, the market share of 90%, performance and price advantage makes the foreign brands difficult to enter; concrete products, profit more rich, was 31 and in the main competition.
Over the past few years, industry experience has declined and the operating environment has improved markedly. Four trillion, after the investment downturn, the construction machinery industry all the way down, excavator industry peak, the number of enterprises has more than 100, and now only more than 20. Before the rapid development of the industry boom, not to pay attention to customer quality and cash flow and blind expansion, causing many problems. Now the tide through baptism, the enterprise and the customer is left by the quality, procurement needs of the customers have the actual demand, construction machinery enterprises in the sales payment and pay more attention to the cash flow situation, now the industry overall business environment has been greatly improved.
The profit base is gradually recovering and will improve in 2017. 1-10 months this year profit, revenue size is reduced, the profit is still negative, but production went to the inventory, last year has gone to almost. In the first half of this year, many enterprises are still order type production, but after July found no way, customer orders are urgent, some companies to dismiss workers hired back. Now often talk about whether the industry in the end, from now you can say that the industry has been in the end, and 17 years will be better than 16 years.
Industry's future opportunities: stock replacement, new technology, new mode change. Stock update: with the country on the "air pollution control system, related measures, about 7000000 units of construction machinery market holdings, there will be about 2 million 400 thousand Taiwan old equipment have been gradually phased out, this will make room for the new machine engineering machinery sales market and effective market space, active role in stimulating the market of construction machinery demand. New technology: mechanical manufacturing will become artificial intelligence, Internet + manufacturing is an issue all over the world to present all the traditional manufacturing industries are trying to transition, a new round of technological revolution and the industrial revolution will bring changes to the industry to turn the world upside down. New business model change: for construction machinery, large equipment, the future will be a combination of online, offline and logistics.
