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It's selling so well! China's excavator exports soared by nearly 36,000 units! US media: Caterpillar is in danger

2022-12-23
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Recently, Bloomberg published an article saying that American machinery manufacturers should pay attention, saying that Chinese machinery and equipment are "eroding" Caterpillar's market share.

Let me talk about Caterpillar first. Friends who know a little bit about construction machinery know how powerful this company is. It has a history of 100 years. Today's unmanned giant trucks have always been the benchmark for global machinery and equipment

We have to admit that this company is really strong. It has been focusing on the industry for a hundred years and has never changed. During the peak period, the tunnel-digging, coal-digging and other machines you saw were all over the world, and their market share was almost eaten by them.

Come to the data: From January to October this year, 26 domestic excavators sold 220,797 units, of which 89,457 were exported, a year-on-year increase of 67.3%, about 36,000 units

According to Bloomberg, Chinese companies like Sany have pushed the machines to Europe, Latin America, the U.S. and Southeast Asia.

U.S. media quoted the financial reports of Chinese companies, which have achieved double-digit growth overseas, and international revenue accounted for more than a quarter of the total revenue. Taking Sany as an example, overseas revenue accounted for 24.4% from January to September.

In other words, in the recent fiery World Cup, the Lusail Stadium in the opening ceremony is a masterpiece of Zoomlion.

Although the United States sees China's competition as a threat, it also reflects that Chinese manufacturing has indeed gone overseas, and the output of mid-to-high-end products is getting stronger and stronger.

In order to gain a firm foothold in the world in the future, we must pay attention to the research and development of relevant aspects. I believe that Made in China will become Created in China and lead the wave of machinery.