China’s construction OEMs have made strides. Should western firms worry?

Alan Berger and Robert Droogleever abcg

08 December 2024

llustration showing the rise of Chinese construction manufacturers in the global market. Image generated using AI

Could Chinese construction equipment OEMs be about to have their moment? A week on from Bauma China, abcg’s Alan Berger and Robert Droogleever explore the shifting dynamic between western construction equipment manufacturers and their Chinese counterparts, with the help of data from Off-Highway Research.

Life used to be so simple.

China’s economy was booming and there were so many massive construction projects going on that selling foreign-made construction machinery to the Chinese was like shooting fish in a barrel.

For years, China alone has been the largest construction equipment market in the world.…

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