Some reports indicate that the revenue growth of construction equipment manufacturing companies in China is declining in the local market and hence these firms plan to explore international market.

In 2012, the the revenue of the Chinese construction machinery industry grew a mere 2.98 percent to 562.6 billion yuan ($91.81 billion) from 2011. This is much lower than the 21.7 percent increase seen from 2010 to 2011.

Some reports indicate that Chinese equipment makers are yet to take a dominant role in the global market.

In terms of revenue, construction equipment makers from the US are at the top of the list, with a global market share of 32.78 percent, and with revenues of $65.47 billion last year. The gap between US and Japanese companies, which take the second place on the list, has widened to more than $26 billion.

China Construction Machinery Association feels that its companies employ advanced technology and this may enable them to strengthen their presence in other countries.