The global construction machinery sector has shown strong momentum entering the second quarter of 2026, with excavators continuing to lead growth in both domestic and overseas markets. According to recent industry statistics, total excavator sales in March reached 37,402 units, representing a year-on-year increase of 26.4%, hitting a new high over the past five years. Domestic demand reached 24,101 units, while export volume stood at 13,301 units, rising by 23.5% and 32.0% respectively compared with the same period last year.
For the first quarter of 2026, cumulative excavator sales totalled 73,336 units, up 19.5% year on year. Strong export performance remained a key driver, with total exports reaching 33,757 units, an increase of 36.1% from a year earlier. Markets in Africa, Oceania and Europe recorded particularly robust growth, supporting steady expansion for global equipment suppliers.
Rising capital investment in global mining projects has further boosted demand for medium and large mining excavators. In early April, Komatsu launched its new PC9000‑12 mining hydraulic excavator, designed for high‑efficiency large‑scale mining operations with optimized bucket capacity and operational performance. Meanwhile, manufacturers worldwide are accelerating the application of energy‑saving technologies, intelligent systems and electrification to meet stricter emission rules and rising customer demand for lower operating costs.
Policy support continues to underpin industry development in China. Recent government initiatives focus on promoting high‑quality energy‑saving equipment and the integration of IoT technologies in construction machinery. Updates to the national catalogue for major technical equipment also encourage wider adoption of advanced mining and construction machinery in both domestic and international projects.
Market sentiment has remained positive, with the construction machinery sector gaining noticeable investor attention. Improved infrastructure activities, stable overseas demand and continuous product upgrades are expected to support healthy growth throughout 2026. For international buyers and partners, reliable equipment quality, flexible configurations and timely after‑sales support will remain key competitive advantages in the global market.
