Top five heavy-duty diesel companies line up


In recent years, the heavy machine market has a high degree of concentration. The combined market share of the heavy machinery of Weichai, Yuchai, Xichai, Dongfeng Cummins and CNHTC accounted for more than 85% of the entire heavy machine market.
Because the added value of heavy-duty diesel engines is much higher than that of light-duty diesel engines, coupled with the rapid increase in market demand for heavy-duty diesel engines due to the rapid development of the heavy-duty truck market in recent years, the domestic backbone diesel engine companies have placed strategic emphasis on heavy-duty engines. Due to the great importance of the company, domestic heavy-duty diesel engines are the strengths of the domestic engine industry regardless of their market share or technical level. In recent years, the heavy machine market has a high degree of concentration. The combined market share of the heavy machinery of Weichai, Yuchai, Xichai, Dongfeng Cummins and CNHTC accounted for more than 85% of the entire heavy machine market.
In the medium- and heavy-duty diesel engine market in China in 2007, Yuchai’s sales were the highest in terms of total sales of medium and heavy models; Weifang’s sales were the highest in terms of sales of heavy machinery; FAW Xichai, Dongfeng Cummins, and CNHTC (two) The difference in sales is not significant. In terms of sales revenue, Weichai is the highest; but per capita sales income is the highest for Dongfeng Cummins, and its lead advantage is significant.
As we all know, medium-heavy diesel engines are mainly equipped with medium- and heavy-duty trucks. Therefore, the market trend of heavy-duty trucks determines the market trend of medium and heavy-duty diesel engines. Since 2009, due to China's economic slowdown brought about by the international financial crisis, China's GDP in the first half of the year totaled 139,862.22 billion yuan, up 7.1% year-on-year, a deceleration of 3.3 percentage points from the same period of last year; the total value of import and export trade was 9462.4 Billion US dollars, a year-on-year decrease of 23.4%, of which the total value of exports was US$521.63 billion, a decrease of 21.8% from the same period of last year. At the same time, the favorable policies such as the introduction of the “Automobile Adjustment and Revitalization Plan” were mainly aimed at passenger cars and light commercial vehicles. The mid- and heavy-duty commercial vehicle market basically has no favorable policy stimulus. Therefore, the demand for the heavy truck market in the first half of the year has dropped by 28.01%.
Similarly, due to the different countermeasures adopted by major commercial vehicle companies in responding to changes in the economic environment and the different technical routes adopted in response to the National III emission regulations, the market performance of these companies is also very different. It is due to the extreme sluggishness of the heavy-duty truck market in the first half of the year and the market performance of major commercial vehicle companies. This has led to the market performance of the top five heavy-duty diesel engine manufacturers in the country. Compared with 2007, great changes have taken place. . In the following, the reasons for the changes in the market performance of the top five companies, product structure characteristics, current advantages, and challenges are reviewed.

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