The operating situation of the construction machinery industry in the first half of 2026: domestic demand provides support, and the industrial chain is under pressure to move forward in coordination
According to the statistical report of China Construction Machinery Industry Association, in January 2026? In June, the sales of major construction machinery products in the industry saw a year-on-year increase, with positive growth in multiple categories such as excavators, loaders, and cranes. The demand for updating existing equipment, investment in infrastructure projects, and overseas exports jointly supported the operation of China's construction machinery industry .
In the domestic market, old construction machinery has entered the renewal cycle, and the continuous replacement of old models with National IV emission equipment has driven the demand for excavator and loader replacement. The commencement of infrastructure projects has driven the release of demand for lifting equipment, road machinery, and high-altitude work platforms. Overseas exports continue to grow, with Southeast Asia, the Middle East, Latin America, and Central Asia being the main export markets. The proportion of overseas orders for new energy and intelligent equipment has increased.
On the industrial chain side, fluctuations in upstream raw material prices still bring cost pressure to complete machine manufacturing enterprises, forcing OEMs and component companies to strengthen collaboration and promote the iterative upgrading of domestic core components. The localization progress of key components such as hydraulic parts and control systems continues to advance, and upstream and downstream enterprises carry out joint testing to improve the reliability of components under heavy load conditions.
There are also many practical pressures in the industry, and some segmented markets have fierce competition; Uncertainty brought about by overseas trade barriers and changes in the geopolitical environment; The supporting facilities of the new energy equipment industry chain still need to be further improved. Leading enterprises continue to increase their research and development investment, laying out intelligent and green directions, while small and medium-sized supporting enterprises focus on segmented components to improve product quality.
Overall, in 2026, the construction machinery industry is in a stage of structural adjustment, and the era of rapid expansion has passed. The industry is shifting towards pursuing high-quality operation. Strengthening collaboration between upstream and downstream of the industrial chain, filling in technological gaps, and balancing deep cultivation in the domestic market with expansion in overseas markets have become common development directions for industry enterprises.
