With China's economy entering a new normal, China's agricultural machinery industry has also entered a new normal of transformation and upgrading. Under the new normal, China's agricultural machinery industry presents the following new characteristics: First, local quantity saturation. The sharp decline in cross-regional operations in the "three summers" is the best proof of the saturation of the wheat machine market. The local category market is saturated, and small and medium horsepower tractors have been recognized as the "Red Sea" market in the industry; Second, the industry has overcapacity. The production capacity of some low-end homogenized products has been seriously overcapacity, and the areas with overcapacity are expanding, and the enterprises in these areas are getting stronger and stronger; The third is the rapid iterative upgrade of products. After years of development, agricultural machinery enterprises have accumulated certain manufacturing and R&D capabilities. Foreign-funded enterprises have accelerated the launch of their products in the China market, forcing domestic enterprises to respond positively. In short: new normal, new opportunities, new impetus.
Domestic (non-foreign) agricultural machinery enterprises with strong comprehensive strength are (in no particular order):
1, Futian Lovo International Heavy Industry Co., Ltd.
2. China Yi Tuo Group Co. Ltd.
3. Zoomlion Co., Ltd. (Zoomlion Agricultural Equipment)
4. Starlight Agricultural Machinery Co., Ltd..
5. Ward Group-Ward Agricultural Machinery
6. Shandong Wuzheng Group Co., Ltd
7. Shandong Changlin Agricultural Equipment Co., Ltd..
Jiangsu changfa agriculture equipment co., ltd
9. Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.
10, Shandong Shifeng (Group) Co., Ltd.