2024 Second-hand excavator market evaluation report

Second-hand excavator market is a market for selling and trading second-hand excavators. With the development of the construction industry and the acceleration of national infrastructure construction, excavators have become an indispensable and important equipment in construction projects. At present, the second-hand excavator market is mainly based on the transaction market and the rental market.

Globally, the second-hand excavator market is highly active. According to the "China Construction Machinery Industry Development Report (2022)" shows that in recent years, the second-hand excavator market activity is high, relevant data show that in the first half of 2022, China's second-hand excavator cumulative sales of 250,300 units, an increase of 33.41%; The year-on-year growth rates in May, June, July and August were 66.70%, 65.36% and 62.57%, respectively. In the second half of 2022, the cumulative sales of second-hand excavators were 11,300 units, an increase of 59.55%.

In addition, from a brand perspective, the volume of second-hand excavators in 2021 increased by 2.38% year-on-year, which is relatively stable. From the perspective of the proportion of equipment brands traded in 2021, the top three brands are Sany Heavy Industry, Doosan and Komatsu, of which Sany Heavy Industry accounted for more than 15%, ranking first and far ahead. This reflects that the product quality and service of these brands have been recognized by the majority of users.

In general, the second-hand excavator market has a certain influence and activity in the world, especially in China's second-hand excavator market performance is particularly prominent