Multi - face attack: South Korean excavator is no longer in China

The mountain does not turn the water, thirty years the river east thirty years Hexi, used to describe the South Korean excavator and the Japanese excavator in the Chinese market development situation is better. Today's South Korean excavators are no longer in our country. This is related to a series of influencing factors.

Resplendence is no longer the decline of South Korean excavators in China

10 years ago, South Korea's modern heavy industry and Dou Shan led the Chinese excavator market, with a total market share of 40%. With the sharp slowdown in China's construction market, last year, modern China sold 3743 excavators in China, far below the 18 thousand and 467 record set in 2010. Meanwhile, Dou Shan's sales in China dropped from 22 thousand and 93 to 6905 in the same period last year.

At the same time, the high quality reputation to South Korean Japanese rivals Hitachi Komatsu, construction machinery and Kobe steel continue to enjoy a lucrative position in the high-end excavator market, and Caterpillar together.

With the continuous development of China's construction, the engineering machinery are increasingly high requirements, and is currently the development of China's construction machinery industry downturn, foreign countries and our own high quality engineering machinery enterprise resurgence, are the result of South Korea in the decline of the reasons of China's excavator.