The Trend of the Mining Machinery Industry All Over the World

 

In the last decade, there are many changes in the situation of the mining machinery industry all over the world.

1. The takeover activity is keep increasing, which cause that a handful of giant companies controls the whole industry. According to statistics, Except for the Chinese market, world top 10 mining machinery manufacturersdominate 85% of the global market share.

2. The world mining machinery market is keep booming due to the huge demand for mining machinery caused by the massive infrastructure construction. By the year 2009, the Chinese market had already surpassed North America market, and become the country which has the biggest sales volume of the mining machinery. And by the year 2010, the percentage of Chinese mining machinery production in the world overall production had reached 50%;

3. There is also rapid development in the mining machinery leasing market all over the world. In U.K., the leasing market ratio is 75%, 60% in North America, 50% in France and 40% in Germany. Although Chinese leasing market is far from that, there is no doubt that it will move within range in the coming few years.

4. The world mining machinery industry is transferring its manufacturing and demand to China. Major manufacturers of mining machinery start to set up factories in China one after another.

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