|By PR Newswire||
|March 18, 2014 05:59 PM EDT||
DUBLIN, March 18, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/xlkhbg/china_road) has announced the addition of the "Concise Analysis of the Chinese Road Maintenance Machinery Industry" report to their offering.
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In recent years, with the constant advance of China's utilization process and sustained stability in urban fixed-asset investment, the total investment in highway construction enjoyed sustainable growth from RMB623.1 billion in 2006 to RMB1.2896 trillion in 2013, at a CAGR of 11%. In 2010-2013, China's annual investment in highway construction remained above RMB1 trillion, a lot of new roads plus the increasing mileage of old roads that had come to the end of their service lives provided a broad market space for the development of road maintenance machinery industry.
The Chinese road maintenance machinery industry has achieved leapfrog development over the recent years. According to the Road Machine Chapter of China Construction Machinery Association, gross industrial output value was approximately RMB28 billion in 2013. Currently, famous foreign companies have entered the Chinese market in succession, showing competitive technical and economic strength in rollers, pavers, asphalt mixing plants and other products. Meanwhile, large domestic construction machinery enterprises have gradually tapped into the road maintenance machinery area, and developed towards multi-species direction. Private enterprises have grown up faster, with scale and technological strength enhanced, displaying strong competitiveness in market segments.
In terms of traditional road maintenance equipment production, leading enterprises in China mainly include SANY, ZOOMLION, XCMG and so on. With respect to the new road maintenance equipment production, Xi'an Dagang Road Machinery Co., Ltd. and Freetech Road Recycling Technology (Holdings) Limited relying on powerful R&D strength, complete range of maintenance equipment and minimum technology gap with advanced foreign equipment manufacturers are the best to meet Chinese customers' requirements in environmental protection, low energy consumption and cost saving.
Key Topics Covered:
1. Overview of Road Maintannence Machinery Industry
2. Market Environment of Road Maintannence Machinery Industry
3. Market Competition of China Road Maintenance Machinery Industry
4. Existing Challenges and Development Direction of China Road Maintenance Machinery Industry
5. Key Enterprises in China
6. Summary and Prediction
- Anshan Senyuan Road and Bridge Co.,Ltd.
- Freetech Road Recycling Technology (Holdings) Limited
- Sany Heavy Industry Co.,Ltd.
- Shantui Construction Machinery Co., Ltd.
- XCMG Construction Machinery Co., Ltd
- Xi'an Dagang Road Machinery Co.,Ltd.
- Zoomlion Heavy Industry Science&Technology Co., Ltd.
For more information visit http://www.researchandmarkets.com/research/xlkhbg/china_road
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets