Crane industry than expected growth in 2017, mainly focus on key projects start from infrastructure, real estate investment more than expected, low base and low inventory, update demand and multiple positive factors such as "neighbourhood" policy overlay, not to look forward to 2018, and 2019 still can maintain such a high growth, but steady growth.
Overseas markets will be the main force. With the promotion of overseas business of domestic enterprises, overseas market will gradually become the driving force of sales growth.In terms of quantity, the crane is the main export of domestic crane.From the perspective of truck crane export sales accounted for over 70% of the whole mobile crane, basically crane exports after continued to decline in 2015-2016, stabilizing and picking up 2017, 2017 between January and June exports year-on-year growth 18.86%;The contribution rate of export to car crane sales in 2017-2021 is expected to increase year by year.
Infrastructure investment drives the increase of car crane operation rate, which is the leading indicator of the big increase in the sales of engineering machinery.
Truck crane life of 10 years or so, considering the 2010-2011, truck crane, excavator sales are all historical peak, according to the changing demand, is expected to change crane boom could continue to 2020-2021.
Update demand cannot be ignored. Based on the update demand and the policies of the yellow standard vehicle and the recycling of used cars by manufacturers, the growth rate of Chinese car cranes will maintain a high level in the coming years. In the next three years (2018-2020), China's truck crane sales are expected to grow by about 30% annually
