Construction machinery
1、 Industry Introduction:
Engineering machinery refers to a series of construction machinery used in construction projects. Construction machinery generally consists of power devices, transmission devices, walking devices, working devices, and control systems. From the perspective of the purpose of construction projects, these machinery are widely used in railway and road construction, airport construction, water conservancy engineering, power supply laying, housing construction, tunnel and bridge construction, mining, port transportation, national defense and military engineering fields. Construction machinery is an important component of China's equipment industry.
2、 Industry pain points:
1. Overcapacity: Overall, production capacity has increased, and there is a short-term manifestation of overcapacity in homogeneous and low-end products
2. Excessive costs: The rise in raw material prices increases the pressure on enterprises to incur high costs
3. Technical bottleneck: There are shortcomings in the core components such as hydraulic, transmission, and electronic control that are matched with some high-end products

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