Demand for construction machinery in China is expected to rise 6.2 percent annually to 387 billion yuan in 2015. Cranes and excavators -- the dominant segment -- will be the fastest growing type, along with mixers and related equipment. The Central-East region will remain the largest market, while the Northwest region will grow the fastest.

This study analyzes the 287 billion yuan construction machinery industry in China. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2015 and 2020 by product (e.g., excavators and cranes, loaders, mixers, rollers, bulldozers and off-highway trucks) and regional market.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 30 industry participants, including Xuzhou Construction Machinery Group, SANY Heavy Industry and Zoomlion Heavy Industry.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							      xi

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Economic Overview						       5
		   Recent Economic Performance					       5
		   Economic Outlook						       7
		Demographic Overview						      11
		   Population Trends						      11
		   Urbanization							      14
		   Households							      15
		Labor Force & Employment Trends					      16
		Personal Income Trends						      18
		Banking System & Regulations					      21
		Currency Exchange Rates						      26
		Industrialization & Manufacturing Trends			      29
		Construction Expenditures					      31
		   Residential Building						      34
		      New Housing						      37
		      Improvements & Repairs					      39
		      Housing Stock & Living Space				      40
		   Nonresidential Building					      44
		      New Nonresidential Building Construction			      46
		      Improvements & Repairs					      47
		      Nonresidential Building Stock				      48
		   Nonbuilding							      49
		      New Nonbuilding Construction				      52
		      Improvements & Repairs					      54
		The Twelfth Five-Year Plan					      54
		Legislative & Regulatory Environment				      56
		Technological Trends						      58
		Rental & Used Machinery						      59
		World Outlook							      60
		   Demand							      61
		   Production							      63
		Foreign Trade							      65
		   Imports							      67
		   Exports							      69

	III.	PRODUCTS							      72
		General								      72
		Excavators & Cranes						      75
		   Excavators							      77
		   Cranes							      79
		Loaders								      81
		   Front-End Loaders						      83
		   Backhoe Loaders						      85
		Mixers & Related Equipment					      86
		   Mixers							      88
		   Mixer Related Equipment					      90
		Rollers & Related Equipment					      92
		   Rollers							      94
		   Roller Related Equipment					      96
		Bulldozers & Off-Highway Trucks					      97
		   Bulldozers							      99
		   Off-Highway Trucks						     101
		Parts & Attachments						     103

	IV.	MARKETS								     106
		General								     106
		Residential Building Market					     109
		   Demand by Application					     109
		      New Construction						     110
		      Improvements & Repairs					     112
		   Demand by Structure						     113
		   Demand by Product						     115
		Nonresidential Building Market					     117
		   Demand by Application					     118
		      New Construction						     119
		      Improvements & Repairs					     120
		   Demand by Structure						     121
		   Demand by Product						     123
		Nonbuilding Market						     126
		   Demand by Application					     126
		      New Construction						     128
		      Improvements & Repairs					     129
		   Demand by Structure						     130
		   Demand by Product						     133

	V.	REGIONAL TRENDS							     136
		General								     136
		Regional Demographic & Economic Trends				     138
		   Population Patterns						     139
		   Economic Outlook						     141
		Regional Construction Expenditures				     142
		Regional Demand for Construction Machinery			     143
		   Central-North						     146
		      Overview							     146
		      Construction Machinery Demand				     148
		   Northeast							     151
		      Overview							     151
		      Construction Machinery Demand				     154
		   Central-East							     156
		      Overview							     156
		      Construction Machinery Demand				     158
		   Central-South						     161
		      Overview							     161
		      Construction Machinery Demand				     162
		   Southwest							     164
		      Overview							     164
		      Construction Machinery Demand				     166
		   Northwest							     169
		      Overview							     169
		      Construction Machinery Demand				     170

	VI.	INDUSTRY STRUCTURE						     173
		General								     173
		Industry Composition						     174
		Market Share							     177
		Marketing & Distribution					     180
		Acquisitions & Divestitures					     182
		Cooperative Agreements						     184
		Foreign Participation in the Chinese Market			     189
		   Legal & Regulatory Issues					     189
		   Joint Ventures						     191
		   Wholly Owned Foreign Enterprises				     193
		   Representative Offices					     195
		Company Profiles						     196
		   Anhui HeLi Company Limited					     197
		   Anhui Xingma Automobile Company Limited			     198
		   AsiaTrak Tianjin Limited, see Caterpillar
		   Atlas Construction Machinery, see Inner Mongolia North Hauler Joint Stock
		   BOMAG, see Groupe Fayat
		   Bucyrus International, see Caterpillar 
		   Bucyrus NHL Mining Equipment, see Caterpillar 
		      and Inner Mongolia North Hauler Joint Stock
		   Caterpillar Incorporated					     199
		   Changlin Company, see China National Machinery
		   Changsha Zoomlion Heavy Industry Science 
		      & Technology Development, see Zoomlion Heavy Industry Science and Technology
		   Changzhou Hyundai Construction Machinery, see 
		      Changlin and Hyundai Heavy Industries
		   China Communications Construction Company Limited		     204
		   China National Machinery Industry Corporation		     205
		   Concrete Machinery Branch, see Zoomlion Heavy 
		      Industry Science and Technology
		   Deere & Company						     210
		   DHI DCW Group Company Limited				     212
		   Dingsheng Tiangong Construction Machinery, see China 
		      National Machinery Industry Group
		   Doosan Infracore Company Limited				     214
		   First Tractor, see China National Machinery Industry
		   Foton Lovol International Heavy Industries Company 
		      Limited							     216
		   Groupe Fayat							     218
		   Guangxi Liugong Machinery Company Limited			     219
		   Guangxi Yuchai Heavy Industry, see Yuchai Machinery 
		   Hitachi Limited						     221
		   Hyundai Heavy Industries Company Limited			     223
		   Hyundai Jiangsu Construction Machinery, see Changlin 
		      and Hyundai Heavy Industries
		   Inner Mongolia North Hauler Joint Stock Company 
		      Limited							     225
		   JCB Limited							     227
		   Kobe Steel Limited						     228
		   Kobelco Construction Machinery, see Kobe Steel 
		   Komatsu Changzhou Construction Machinery, see 
		      Changlin and Komatsu 
		   Komatsu Limited						     231
		   Komatsu Shantui Construction Machinery, see Komatsu 
		      and Shantui Construction Machinery
		   Liebherr-International AG					     233
		   Lonking Holdings Limited					     235
		   Mobile Crane Branch, see Zoomlion Heavy Industry 
		      Science and Technology
		   Road Machinery Branch, see Zoomlion Heavy Industry 
		      Science and Technology 
		   SANY Heavy Industry Company Limited				     237
		   Shaanxi Construction Machinery Company Limited		     239
		   Shaanxi Zoomlion Earth Working, see Zoomlion Heavy 
		      Industry Science and Technology
		   Shandong Lingong Construction Machinery, see Volvo 
		   Shandong SEM Machinery, see Caterpillar
		   Shantui Construction Machinery Company Limited		     240
		   Sichuan Changjiang Engineering Crane Company Limited		     242
		   Terex Corporation						     244
		   Terex NHL Equipment, see Caterpillar and Inner 
		      Mongolia North Hauler Joint Stock 
		   Volvo AB							     247
		   Xi’an Road Construction Machinery, see China 
		      Communications Construction
		   Xiamen XGMA Machinery Company Limited			     249
		   Xuanhua Construction Machinery Company Limited		     250
		   Xuzhou Construction Machinery Group Incorporated		     251
		   Xuzhou XCMG Doosan Engine, see Doosan Infracore 
		      and Xuzhou Construction Machinery
		   Yuchai Machinery Company Limited				     253
		   Zoomlion Heavy Industry Science and Technology 
		      Company Limited						     254


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	Gross Domestic Product of China					      10
	2	Population of China by Age					      13
	3	Households in China by Region					      16
	4	Urban Labor Force & Employment in China, 2000-2010		      18
	5	Personal Income & Expenditure Patterns in China			      21
	6	Interest Rates in China, 2000-2010				      25
	7	Chinese Currency Exchange Rates, 2000-2010			      28
	8	Manufacturing Value Added in China				      31
	9	Construction Expenditures in China by Market & Application	      33
	10	Residential Building Construction Expenditures in China		      37
	11	New Residential Housing Construction in China			      39
	12	Housing Stock & Living Space in China				      43
	13	Nonresidential Building Construction Expenditures in China by 
		   Application & Building Type					      46
	14	Nonresidential Building Stock in China				      49
	15	Nonbuilding Construction Expenditures in China 
		   by Application & Structure					      52
	16	Construction Machinery Foreign Trade in China			      67
	17	China Construction Machinery Imports by Source,  2006-2010	      68
	18	China Construction Machinery Exports 
		   by Destination,  2006-2010					      70

		SECTION III -- PRODUCTS
	1	Construction Machinery Supply & Demand in China by Type		      74
	2	Excavator & Crane Supply & Demand in China			      77
	3	Excavator Supply & Demand in China				      79
	4	Crane Supply & Demand in China					      81
	5	Loader Supply & Demand in China					      83
	6	Front-End Loader Supply & Demand in China			      84
	7	Backhoe Loader Supply & Demand in China				      86
	8	Mixer & Related Equipment Supply & Demand in China		      88
	9	Mixer Supply & Demand in China					      90
	10	Mixer Related Equipment Supply & Demand in China		      92
	11	Roller & Related Equipment Supply & Demand in China		      94
	12	Roller Supply & Demand in China					      96
	13	Roller Related Equipment Supply & Demand in China		      97
	14	Bulldozer & Off-Highway Truck Supply & Demand in China		      99
	15	Bulldozer Supply & Demand in China				     101
	16	Off-Highway Truck Supply & Demand in China			     102
	17	Parts & Attachments Supply & Demand in China			     105

		SECTION IV -- MARKETS
	1	Construction Machinery Demand in China by Market		     108
	2	Residential Building Construction Machinery Demand 
		   in China by Application					     110
	3	New Residential Building Construction Machinery 
		   Demand in China						     112
	4	Residential Improvement & Repair Construction Machinery 
		   Demand in China						     113
	5	Residential Building Construction Machinery Demand 
		   in China by Structure					     115
	6	Residential Building Construction Machinery Demand 
		   in China by Product						     116
	7	Nonresidential Building Construction Machinery Demand 
		   in China by Application					     119
	8	New Nonresidential Building Construction Machinery 
		   Demand in China						     120
	9	Nonresidential Improvement & Repair Construction Machinery 
		   Demand in China						     121
	10	Nonresidential Building Construction Machinery Demand 
		   in China by Structure					     123
	11	Nonresidential Building Construction Machinery Demand 
		   in China by Product						     125
	12	Nonbuilding Construction Machinery Demand 
		   in China by Application					     128
	13	New Nonbuilding Construction Machinery Demand in China		     129
	14	Nonbuilding Improvement & Repair Construction Machinery 
		   Demand in China						     130
	15	Nonbuilding Construction Machinery Demand in China  
		   by Structure							     133
	16	Nonbuilding Construction Machinery Demand in China  
		   by Product							     134

		SECTION V -- REGIONAL TRENDS
	1	Population of China by Region					     140
	2	Gross Domestic Product of China by Region			     142
	3	Construction Expenditures in China by Region			     143
	4	Construction Machinery Demand in China by Region		     145
	5	Central-North Region of China: Construction 
		   Machinery Demand						     151
	6	Northeast Region of China: Construction Machinery Demand	     156
	7	Central-East Region of China: Construction Machinery Demand	     160
	8	Central-South Region of China: Construction 
		   Machinery Demand						     164
	9	Southwest Region of China: Construction Machinery Demand	     168
	10	Northwest Region of China: Construction Machinery Demand	     172

		SECTION VI -- INDUSTRY STRUCTURE
	1	Revenue Data: Selected Construction 
		   Machinery Companies, 2010					     176
	2	Selected Acquisitions & Divestitures				     184
	3	Selected Cooperative Agreements					     186


				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- MARKET ENVIRONMENT
	1	Population of China by Age, 2000-2020				      14
	2	Interest Rates in China, 2000-2010				      26
	3	Chinese Currency Exchange Rates, 2000-2010			      29
	4	Construction Expenditures in China by Market, 2010		      34
	5	World Construction Machinery Demand by Region, 2010		      63
	6	World Construction Machinery Shipments by Region, 2010		      65
	7	China Construction Machinery Imports by Source, 2010		      69
	8	China Construction Machinery Exports by Destination,  2010	      71

		SECTION III -- PRODUCTS
	1	Construction Machinery Demand in China by Type, 2010		      75

		SECTION IV -- MARKETS
	1	Construction Machinery Demand in China by Market, 
		   2000-2020							     108
	2	Residential Building Construction Machinery Demand 
		   in China by Product, 2010					     117
	3	Nonresidential Building Construction Machinery Demand 
		   in China by Product, 2010					     125
	4	Nonbuilding Construction Machinery Demand in China 
		   by Product, 2010						     135

		SECTION V -- REGIONAL TRENDS
	1	Construction Machinery Demand in China by Region, 2010		     146
	2	Central-North Region of China					     148
	3	Northeast Region of China					     153
	4	Central-East Region of China					     158
	5	Central-South Region of China					     162
	6	Southwest Region of China					     166
	7	Northwest Region of China					     170

		SECTION VI -- INDUSTRY STRUCTURE
	1	Construction Machinery Market Share in China
		   by Company, 2010						     177