Development Prospect of Construction Machinery Industry in 2023

1,Construction machinery industry boom recovery

The strengthening of macropolicy control, the gradual bottoming out of the real estate market, the commencement of major projects, the acceleration of infrastructure construction, the acceleration of special debt issuance, and the increase of new loans issued by policy banks will all benefit the stable development of construction machinery. In particular, the special debt will help the economic recovery of the infrastructure industry, while the policy of the real estate industry is gradually optimized, the demand for construction machinery is increasing, and the sales of construction machinery is expected to rise.

2. The export scale of construction machinery is expanded

In recent years, domestic construction machinery enterprises actively develop overseas markets. The domestic construction machinery products are costeffective, superimposed overseas market demand increases. It is expected that the overseas market of construction machinery industry will maintain a high boom and the export scale will be further expanded.