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Recently, the China Machinery Industry Federation organized a strong project acceptance team to listen to the work report of the subject projec

After the vigorous development of China's construction machinery manufacturing industry, the market will enter a stock era of fierce competitionThe transformation trend of the construction machinery industry with the wave of digitalization has derived richer platform application scenarios and more detailed business landing solutions, which are related to the current status of the stock market and are also affected by the overall industry situation.According to the forecast of Off-Highway Research, China's construction machinery market will experience a cyclical decline in 2021-2023, but it is not expected to be as severe as the decline in 2012-2016. Therefore, based on historical data, the forward-looking forecast is about 737.9 billion yuan. While it will take a lot of effort to maintain growth, the fact that domestic companies have boomed over the past few years cannot be ignored.Global levelThe proportion of China's construction machinery manufacturing sales has increased year by yearSince the end of 2019, the global construction machinery market has entered a downward stage from the highest point of this cycle, and the demand of mature markets in Europe, America and Japan has fluctuated; at the same time, China's construction machinery industry has continued to maintain rapid development. With the continuous upgrading and transformation of the industry, the continuous expansion of the high-end market, the strengthening of innovation capabilities, and the in-depth popularization and application of intelligent, digital and information technology, Chinese construction machinery manufacturers have maintained a strong growth momentum and further improved their operational quality.Domestic marketAlthough affected by the epidemic, the industry as a whole is thrivingIn 2020, the total revenue of China's construction machinery industry will exceed 700 billion yuan. In 2019, the construction machinery industry has ushered in a period of stable development after a five-year low ebb of