The excavator parts industry refers to the field that specializes in the production, sales and service of excavator and related equipment parts. The industry covers the entire process from raw material procurement to final product delivery, including but not limited to casting, forging, machining, surface treatment and other links. With the growth of global infrastructure construction demand and the continuous development of the mining industry, the excavator parts industry has shown a steady upward trend.
Industry scale and growth
In recent years, the global excavator parts market has reached about US$50 billion, and it is expected that this figure will grow to about US$60 billion by 2027, with a compound annual growth rate of about 5.8%. As one of the largest single markets in the world, the Chinese market has achieved an average annual growth rate of more than 7% in the past five years, showing a strong development momentum.
Main product classification
Excavator parts mainly include the following core components:
1. Engine system: such as diesel engine, electric motor and other power source devices,
2. Hydraulic system: including oil pump, oil cylinder, control valve, etc., used to realize excavation action.
3. Transmission system: such as gearbox, drive axle, etc., responsible for transmitting power.
4. Working device: bucket, boom, slewing device and other parts directly involved in the operation.
5. Electrical control system: electronic equipment that monitors and operates the operating status of the equipment.
Development trend
In the next few years, with the advancement of automation technology and the improvement of environmental protection requirements, the excavator parts industry will develop in the direction of intelligence and greening. For example, the use of new materials to reduce energy consumption and the development of remote control systems to improve operating efficiency will become the mainstream trend.
As one of China's leading excavator parts manufacturers, JALE adheres to the business purpose of "high quality, lifelong quality, precision and efficiency", adheres to the "customer-centric" thinking, and takes meeting customer needs as its own responsibility. We sincerely welcome new and old customers at home and abroad to contact and cooperate.
Post time: May-22-2025