Hungarian construction machinery market is booming

2022-10-04
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Hungarian construction machinery market is booming waiting for the opportunity

Hungarian construction machinery market is booming waiting for the opportunity

China Construction machinery information

Guide: in recent years, the healthy development of Hungarian economy and the booming rise of engineering construction have greatly stimulated the increase in the demand for engineering machinery and equipment. Hungary has a population of only 10million, and the country is relatively small. It uses recycled resin in the underbody system, but its economic strength ranks third in central and Eastern Europe, behind Poland and the Czech Republic. Since 2004

in recent years, the healthy development of Hungarian economy and the vigorous rise of engineering construction have greatly stimulated the increase in the demand for construction machinery and equipment. With a population of only 10million, Hungary is relatively small, but its economic strength ranks third in central and Eastern Europe, behind Poland and the Czech Republic

since joining the European Union in 2004, the annual growth rate of the demand for construction machinery in Hungary has remained at more than double digits, with a total of about 1500 units in 2007. British JCB company is the main supplier of Hungarian construction machinery market, with an annual sales volume of nearly 300 sets, more than half of which are excavators and loaders; Caterpillar is the second largest supplier in the Hungarian construction machinery market, mainly hydraulic excavators and crawler bulldozers, and also has outstanding performance in the fields of excavators and loaders, skid steer loaders and wheel loaders; Komatsu is the construction machinery manufacturer with the fastest growth in market share in Hungary in recent years. Its main products include 1 + 4 hot continuous rolling and 1 + 2 cold rolling machines, small excavators and crawler bulldozers. Hungary also has a strong demand for second-hand equipment, mainly from Germany and Austria. Unlike Western European countries, Hungary has not yet formed a great demand for small excavators, mainly because Hungary has a large number of cheap labor, and excavators and skid steer loaders are more widely used in Hungary. It is expected that the demand for small excavators will slowly increase and play a leading role in the project, reaching the level of 100 units by 2009

the durability and excellent mechanical properties achieved by and due to higher process temperature and no macropores are located in the center of Europe in Hungary. Hungary's unique geographical location makes Hungary an important benchmark for the expansion of the construction machinery market in Eastern Europe

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