The Chinese heavy-duty truck market is expected to maintain steady and low-speed development in the next five years and enter a period of “micro-growthâ€. In 2015, due to the “structural slowdown†of the national macro economy, the continued slowdown in GDP growth, and the saturation of the market, heavy truck sales are expected to decline by about 10 percentage points.
The reporter learned from the China Machinery Industry Federation on the 4th that due to the impact of the country's macroeconomic situation, China's heavy truck market was generally poor in 2014, and the overall market sales volume will be flat with the same period last year. It is estimated that the annual sales volume will reach 765,000.
The heavy truck market has always been considered a barometer of the national economy. When it comes to 2015, industry experts believe that from a positive perspective, the large number of railway, road and infrastructure construction projects approved by the National Development and Reform Commission at the end of 2014 provide certain guarantees for infrastructure investment and downstream heavy truck demand in 2015.
At the same time, the continuous slowdown in the growth of key indicators such as GDP and investment will make the downstream demand for heavy trucks still not strong. Among them, the GDP growth rate in 2015 is expected to further decline to around 7%; while the growth rate of fixed asset investment is expected to be around 17%, the real estate industry maintains the status quo in the first and second tier cities, and the third and fourth tier cities face huge bursting of bubbles. Risk, which will have a certain negative impact on China's engineering heavy trucks. It is expected that the heavy truck market in China in 2015 may have a decline of about 10 percentage points compared with 2014.
It is reported that the elimination of the yellow label car will become a highlight in 2015, which will play a positive role in the segmentation market of muck trucks and port tractors. In addition, changes in logistics methods determine that road vehicles are the main players in the market, especially in the future, the market opportunities for efficient logistics tractors and trucks will be even greater.
The industry expects that the annual production and sales volume of China's heavy truck market in 2020 is expected to reach 1 million units.
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