One、Overview

All year 2023，China's Excavator Market Faces Multiple Factors at Home and Abroad。From the domestic perspective，Infrastructure construction、The change of excavator demand in real estate and other industries is an important factor affecting the market.。From an international perspective，The global economic situation、Trade policies, etc. Have an impact on export markets。According to the statistics of China Construction Machinery Industry Association，The total sales volume of excavators in 2023 is 195018.，Year-on-year decline of 25.4%。Among，The sales volume in the domestic market is 89980 sets.，Year-on-year decline of 40.8%；Export sales for the 105038 Taiwan.，Year-on-year decline of 4.04%。The following will analyze the situation of China's excavator market in 2023 from various angles.。

Two、Domestic market demand analysis

Domestic market demand is the main support for the excavator market.。In 2023，Affected by infrastructure construction、The impact of real estate and other industries，The domestic market demand shows the following characteristics：

Stable demand for infrastructure construction：Infrastructure construction has always been an important source of demand in the excavator market.。Driven by the policy of steady growth，Infrastructure construction has been intensified throughout the country.，Especially traffic、Water Conservancy、The start-up rate of large-scale projects in energy and other fields has increased.。This provides a stable sales space for the excavator market.。

The impact of the real estate market is mixed.：The impact of the real estate market on excavator sales is uncertain.。On the one hand，With“Housing is not speculation.”In-depth implementation of the policy，Real estate market gradually returns to rationality，The demand for investment speculation has been curbed.；On the other hand，Affordable housing、There is a certain demand for excavators in rental housing and other areas of people's livelihood.。So，The impact of the real estate market on excavator sales is uncertain.。

The demand for renewal has increased：As the service life of the excavator increases,，The demand for renewal is gradually emerging.。In recent years，The Chinese government has stepped up its supervision of environmental protection and production safety.，Some old、Substandard excavators are facing elimination.。This will provide a certain development space for the new excavator market.。

Three、Export market analysis

The export market has always been an important growth point for the excavator industry.。In 2023，Despite weak global market demand，However, China's excavator exports still maintained a certain scale.。The main reasons are as follows：

Cost performance advantage：China's excavator products have competitive advantages in terms of cost performance.，It can meet the needs of some low-end markets.。At the same time，Chinese enterprises are actively exploring the international market.，Established a certain sales network and brand awareness.。
“The Belt and Road”Initiative promotion：With“The Belt and Road”In-depth promotion of the initiative，Increased demand for infrastructure construction in countries along the route，Provide more opportunities for Chinese excavator products。The localization strategy of Chinese enterprises in overseas markets has also achieved some results.，And that product competitiveness and the market share are improve.。

Changes in the international trade environment：The change of international trade environment has a certain impact on the export of excavators.。On the one hand，The Rise of Global Trade Protectionism，Some countries and regions have taken restrictive measures on Chinese excavator products.；On the other hand，The fluctuation of RMB exchange rate has also exerted some pressure on exports.。These factors have led to increased uncertainty in export markets.。

Four、Analysis of the competitive landscape

In terms of competition pattern，Competition among enterprises in the domestic excavator market is still fierce.。On the one hand，Large enterprises through technological innovation、Brand building and other means to consolidate market share；On the other hand，Small and medium-sized enterprises compete through differentiation、Market segmentation and other strategies to seek survival space。At the same time，The pace of industry integration and merger and reorganization is also accelerating.，Help to improve industrial concentration and overall competitiveness。

Five、Future outlook

Look to the future，China's Excavator Market Still Has Potential for Development。Domestic infrastructure construction、Demand for real estate and other industries will gradually recover.，The demand for renewal will also continue to grow.。At the same time，“The Belt and Road”The further promotion of the initiative will create more opportunities for China's excavator exports.。Enterprises should increase investment in technological innovation and brand building，Enhance core competitiveness；Keep up with the change of market demand，Adjust the product mix；Strengthen international cooperation and exchanges，Expand overseas markets。The government should continue to increase its support for infrastructure construction.，Optimize business environment；Strengthen environmental protection and safety production supervision，Promoting high-quality development of the industry。At the same time，We also need to pay attention to the impact of factors such as changes in the international trade environment and fluctuations in the RMB exchange rate on the export market.，Take effective measures to deal with risks and challenges。