The overseas market of construction machinery shows a diversified and continuous development trend.
In recent years, the global construction machinery market has continued to grow, especially in emerging economies and developing countries, and the demand for infrastructure construction is strong, which has promoted the demand for construction machinery.
From a regional perspective, the Asia-Pacific region is one of the largest construction machinery markets, and large-scale infrastructure construction projects in China, India and other countries have driven market demand. The market in Europe and North America is relatively mature, but the demand for high-end, environmentally friendly construction machinery is still stable. With the advancement of energy development and infrastructure construction in the Middle East and Africa, the demand for construction machinery is also gradually increasing.
In terms of products, excavators, loaders, cranes, bulldozers, etc. are the main demand products in overseas markets. Among them, the excavator market share is large, because it is widely used in earthmoving engineering, building construction and other fields.
With the recovery of the global economy and the promotion of infrastructure construction, the overseas market of construction machinery is expected to continue to grow, but it also faces challenges such as intensifying market competition, trade protectionism, and differences in technical standards.