What are the main brands in China's used excavator market?
Imported Brands
Caterpillar: As a world - renowned construction machinery manufacturer, its products have stable performance and a long service life, covering excavators, loaders, bulldozers and other fields. In the used market, Caterpillar excavators are favored by many investors due to their excellent quality and reliability and have a high residual value rate.
Komatsu: The Komatsu Group of Japan is one of the largest construction machinery manufacturers in the world. Its product quality and after - sales service are widely recognized. Komatsu excavators are known for their efficient operation performance, advanced technology and good durability. They also have a high cost - performance ratio in the used market and are one of the first choices for many consumers.
Hitachi: A well - known construction machinery manufacturer in Japan, its equipment such as excavators and loaders is easy to operate and maintain, suitable for various engineering projects and has a good reputation in the market. It is also one of the popular brands in the used excavator market.
Volvo: Renowned for its safety performance and environmental protection concept, its used equipment has a high residual value rate and is an ideal choice for investors. Volvo excavators focus on human - centered design and comfort in design, and at the same time have advanced technology and reliable performance to meet the needs of different users.
Kobelco: A brand under Kobe Steel, Ltd. of Japan, its excavator products also have a certain reputation in the market. Kobelco excavators are loved by some users for their lightness, flexibility and good fuel economy and also have a certain share in the used market.
Domestic Brands
SANY Heavy Industry: It occupies an important position in the domestic construction machinery market, and its used excavators have a high trading heat and a large market circulation volume. SANY Heavy Industry excavators have become one of the popular choices for domestic consumers due to their strong influence in the domestic market, reliable equipment quality and perfect after - sales service. Especially in the 20 - 30 - ton and 6 - 10 - ton excavator markets, domestic brands perform prominently and are gradually replacing the market share of imported brands in fields such as mining and municipal engineering.
XCMG: It is one of the leading enterprises in China's construction machinery industry. Its products have stable performance and are convenient for maintenance, suitable for various engineering projects. XCMG excavators also have a high reputation and market share in the used market. Its brand influence and product quality are recognized by users and are close to foreign - funded brands such as Caterpillar and Komatsu, and each has its own advantages in different market segments.
LiuGong: It also has a good performance in the used excavator market. Its products have a good depreciation rate in some tonnage segments. For example, the depreciation rates of the 10 - 20 - ton and over - 30 - ton segments are second only to Caterpillar, and its market competitiveness is relatively strong.
SDLG: It is one of the largest construction machinery manufacturers in China. Its products cover excavators, loaders, bulldozers and other fields. Its used equipment has a high cost - performance ratio and is favored by many consumers and performs well in the used construction machinery market in Shandong and other regions.
Sunward Intelligent: It has a certain market share in the small and medium - sized excavator fields. Its products are noted for their flexibility, high efficiency and energy - saving characteristics and also provide users with diverse choices in the used market.
South Korean Brands
Doosan: Doosan Heavy Industries of South Korea is one of the largest excavator manufacturers in the world and has a wide influence in the Chinese market. Its used equipment has an excellent performance in the market and is well - received by consumers. With advantages such as stable performance, moderate price and perfect after - sales service, it occupies a certain share in the used excavator market.
Hyundai: Hyundai Heavy Industries of South Korea is a world - famous construction machinery manufacturer. Its equipment such as excavators and loaders has stable performance, is convenient for maintenance and suitable for various engineering projects. It also has a good reputation in the used market and is liked by many users.
