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What industry does the excavator belong to?

2025-10-17 10:17:43 mechanical

What industry does the excavator belong to? ——Comprehensive analysis from industry classification to market hot spots

In recent years, with the rapid development of infrastructure, real estate and other industries, the market demand for excavators, as an important representative of construction machinery, has continued to grow. So, what industry does the excavator belong to? This article will analyze it for you from multiple dimensions such as industry classification, market data, and hot topics.

1. Industry classification of excavators

What industry does the excavator belong to?

According to the national standard "National Economic Industry Classification" (GB/T 4754-2017), excavators belong to"C Manufacturing"The following subdivisions are specifically classified as follows:

Industry categoriesIndustry categoryIndustry subcategories
CManufacturing IndustryC34 General Equipment ManufacturingC343 Machinery manufacturing for construction engineering

The main application scenarios of excavators include:

  • Construction (such as earth excavation, foundation treatment)
  • Mining
  • Municipal projects (such as road construction, pipeline laying)
  • agricultural transformation

2. Hot topics in the excavator industry in the past 10 days

Through searching the entire Internet, the following are the recent hot topics related to excavators:

hot topicsheat indexRelated events
New energy excavator technology breakthrough★★★★☆A brand released an electric excavator with a 30% increase in battery life
Infrastructure investment accelerates★★★★★Many places announced the start of major infrastructure projects
Second-hand machinery transactions are active★★★☆☆Second-hand excavator platform transaction volume increased by 25% year-on-year
Intelligent construction★★★☆☆Pilot application of driverless excavator

3. Excavator market data (latest in 2023)

The following is the key data of the recent excavator market:

indexnumerical valueYear-on-year change
Domestic sales12,500 units+8.7%
Export volume7,800 units+15.2%
average price450,000 yuan/set-3.5%
Market share (TOP3 brands)62%flat

4. Development Trend of Excavator Industry

1.Electric transformation accelerates: As environmental protection policies become stricter, R&D investment in electric excavators continues to increase, and it is expected that the proportion of electric products will reach 20% in 2025.

2.Intelligent upgrade: The application of 5G and AI technology has promoted the popularization of autonomous driving, remote control and other functions, and construction efficiency has been significantly improved.

3.The rise of leasing model: Small and medium-sized engineering teams are more inclined to rent equipment, driving the prosperity of the second-hand market and financial services.

4.Overseas market expansion: The demand for infrastructure construction in Southeast Asia, Africa and other regions is strong, and the export volume of domestic brands has increased year after year.

5. Summary

As the core equipment of construction engineering machinery, excavators belong to the manufacturing industry."Machinery Manufacturing for Construction Engineering"segmented areas. The industry is currently undergoing technological changes in electrification and intelligence. At the same time, it is benefiting from the global infrastructure boom and has broad market prospects. Investors or practitioners can focus on new energy technologies, intelligent solutions and overseas market opportunities.

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