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Since foundation in March 1989, XCMG has always kept its vanguard role in Chinese construction machinery industry for 25 years. At present, it ranks 5th in world construction machinery industry, 119th among Top 500 Chinese enterprises, 44th among Top 100 enterprises in Chinese manufacturing industry, and 2nd among Top 100 enterprises in Chinese machine-building industry, being a large ...

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According to anewreport by EMR titled, 'HeavyMining EquipmentMarket Report, Size, Share, Trends, Growth, Outlook, Forecast, Research 2020-2025', the market is expected to grow at a CAGR of 3.5% between 2020 and 2025 to reach a value of approximately USD 96.2 billion by 2025 due to the rising output level and the increasing commodity prices.

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