German bauma ended successfully, global attention focused bauma CHINA

Bauma 2019 post-show report

3,700 exhibitors from 63 countries

More than 620,000 visitors from 200 countries and regions

40,000 more than the previous session

18 indoor exhibition halls with a total exhibition area of 614,000 square meters

Equivalent to the size of 100 football fields

The top ten countries in the audience (except Germany):

Austria, Italy, Switzerland, France, Netherlands, Russia, Sweden, Czech Republic, Poland and the United Kingdom

The number of overseas visitors at this exhibition has increased significantly. Among them, China, Australia and Japan have increased significantly. There are more than 5,500 spectators in China alone.

The just-concluded bauma 2019 brought together 3,700 exhibiting companies from 63 countries and regions. Among them, there are 401 exhibitors in China, and the number of exhibitors ranks third, after Germany and Italy. This further confirms that Chinese companies have more and more voice and market share in the global construction machinery market.

From 2018 to 2022, China's construction completion is expected to increase by 4.2% per year, equivalent to 30.1% of global construction completions, market share doubled from a decade ago, and its global market share is increasing.

As China gradually changes its policy of driving economic growth with a large amount of infrastructure investment, China's construction engineering industry expects growth to slow down by 2022. Despite this, the speed of completion of the Chinese construction industry is still higher than the global average, which also ensures the high demand for construction equipment worldwide.

At present, China's construction projects under construction (including large projects that have been announced to be implemented) have reached 4 trillion US dollars. A phased analysis of projects under construction shows that there are still huge opportunities in the early stages of the project. Projects with a total value of $1.2 trillion are still in the planning and pre-planning phase, which means that major construction projects will continue for some time.