The market of truck crane and concrete pump truck is a high concentration market, basically showing three dominant oligopoly
Market characteristics. Sany Heavy Industry, Zoomlion Heavy Industry and XCMG have obvious leading advantages in the construction machinery industry.
Auto crane Market: the industry presents a situation of "tripartite confrontation", with the total market share of Xuzhong (a wholly-owned subsidiary of XCMG machinery), Zoomlion and Sany Heavy Industry reaching more than 90%. Xuchong has the highest market share, reaching more than 40%, ranking first in the auto crane market for a long time. The share of Zoomlion and sany is between 20% and 30%, with slight fluctuation in the middle. Liugong city in Anhui accounts for about 3%, ranking fourth. The market barrier of truck crane is high, and the competition of other manufacturers is fierce.
Concrete pump truck market: the market share of Sany and Zoomlion in concrete pump truck industry is as high as 75%; the market share of Sany, Zoomlion and Xugong schwing (joint venture of Xugong Group and schwing in Germany) is close to 90%. The market share of Sany concrete pump truck is maintained at more than 40%. When it is high, it will exceed half of the domestic market, ranking first in the market share of concrete pump truck for a long time. Moreover, Sany pump truck production also ranks first in the world, and is the world's largest manufacturer of long boom and large displacement pump trucks. In 2012, Sany acquired Putzmeister, the world's first brand of concrete machinery, which changed the industry competition pattern. At present, the market share of Zoomlion concrete pump truck is about 30%, ranking second; in 2008, Zoomlion acquired CIFA company of Italy, strengthening its concrete machinery manufacturing capacity. The market share of XCMG's concrete pump truck is about 12%, and that of other enterprises is more than 10%.
