Industry Insights

• China's Construction Machinery Industry in the 2024 Global Ranking: Performance and Development Trends

  The UK KHL Group, an information provider for construction machinery, released the 2024 Yellow Table — CONSTRUCTION EQUIPMENT SALES FOR THE WORLD’S TOP 50 OEMS through its magazine "International Construction". In 2023, the equipment sales of the top 50 companies reached a record high of $243.4 bill

  Industry Insights January 10, 2025
• Global Focus on the Construction Industry

  I. European Construction Industry: Expected Mild Recovery in 2025(I) Forecast at the EUROCONSTRUCT Annual MeetingThe 98th EUROCONSTRUCT Annual Meeting was held in Milan, Italy, on December 3, 2024. The meeting predicted that the European construction market is going through a challenging period, aff

  Industry Insights January 20, 2025
• How To Solve The Problem of Excavator Powerlessness And Stalling?

  Excavator powerlessness is a very common excavator fault. The main reason is the mismatch between the engine, hydraulic pump, distribution valve, and external load. However, there are many specific manifestations of the fault, and it is difficult to troubleshoot and repair.

  Industry Insights January 18, 2025
• Forecast of European And US Equipment Rental Market in 2023

  The growth expectations for the US equipment rental market are higher than before, while the European market faces the challenge of slowing economic growth.

  Industry Insights May 31, 2024
• 2023 Global Top 50 Construction Machinery Firms: $243.4B Revenue

  KHL Group's "International Construction" Magazine Releases 2023 Global Top 50 Construction Machinery Enterprises List

  Industry Insights June 19, 2024
• 2023 U.S. Best-Selling Construction Machinery Rankings

  2023 U.S. Best-Selling Construction Machinery RankingsSince production has stabilized in 2021 and 2022, new construction equipment has become more accessible. According to the latest EDA (Exploratory Data Information) equipment financing data from Fusable, an industrial industry data platform, nearl

  Industry Insights March 21, 2024