China’s Top 5 Construction Machinery Producers.

By Mark Andrews

DirectIndustry.
03/10/2022

2021 saw sales of construction machinery rise by 20.8% to a total of $232.7 billion for the world’s fifty largest producers in the sector. The latest Yellow Table ranking contains three Chinese companies in the top ten.

Fortune Business Insights believe that the market will increase by more than two-thirds on 2020 figures by 2028. Much of this growth will come from Asia and Africa due to population growth-associated development.

The Asia Pacific market is expected to become the dominant market in the sector and China is likely to emerge the winner. Aiding China’s growth in the sector is the One Belt One Road scheme which emphasizes large-scale infrastructure schemes.

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Mark Andrews has written about everything from Japanese houses to heli hikes on New Zealand glaciers, test drives of Chinese cars to bar and restaurant reviews. He currently specialises in travel articles and reviews of Chinese cars plus articles about the Chinese auto industry.

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