Off-Highway Research believes its coverage of the Chinese construction equipment market is second to none. Researched, compiled and written by our team of expert analysts based in Beijing, the Chinese Service and Chinese Database Service - both available in English and Chinese - offer unrivalled insights through a library of some 50 current reports, data dating back to the 1990s and five-year forecasts by equipment type.
Our capacity and expertise in primary research also allows the Chinese team to take on Private Client Research, which leverages our experience and knowledge to deliver detailed and tailored insights to our clients on a private and confidential basis.
Having reached an extraordinary peak of almost 55,000 mobile cranes sold in China in 2020, demand for these machines is continuing to cool as the economy slows.
Sales this year are likely to be half what they were in 2022.
In the face of a market which is expected to almost halve in size this year, the dump truck segment provides perhaps the only ray of light in the Chinese equipment industry.
Our updated-outlook for 2022 is for a -38 per cent fall in sales, from the highs of 2020 and 2021.