Market Situation of Construction Machinery Gear Levers Development
Multi-line text content element
HTML language content can be parsed after rich text content is bound to data
Release time:
Aug 28,2025
The gear lever control sticks of construction machinery vehicles mainly include mechanical linkage type control sticks and electronic sensing type control sticks.
In the 2024 market sales data, mechanical linkage type control sticks account for about 45%, while electronic sensing type control sticks account for 55%, with the market share of electronic sensing type control sticks growing at an annual rate of about 8%.
In recent years, the global market for gear lever control sticks of construction machinery vehicles has shown steady growth. According to market research data, from 2020 to 2024, the global market size increased from 6 billion USD to 8 billion USD, with a compound annual growth rate of 7.46%. This growth is mainly driven by the continuous advancement of global infrastructure construction, accelerated urbanization in emerging economies, and a significant rise in demand for construction machinery vehicles, which in turn boosts the demand for gear lever control sticks.
• Market Analysis:
In 2024, the market size of gear lever control sticks for construction machinery vehicles in China reached 3 billion USD, and it is expected to grow at an annual rate of about 10% in the coming years.
• Future Market Trends:
The global market for gear lever control sticks of construction machinery vehicles will continue its growth trend. It is expected that by 2030, the market size will exceed 12 billion USD, with a compound annual growth rate of around 8% from 2025 to 2030.
• Industry Development:
China continues to promote "New Infrastructure" projects, and India vigorously develops urban rail transit construction, driving a significant increase in sales of construction machinery vehicles, which directly boosts the demand for gear lever control sticks. For example, global excavator sales reached 300,000 units in 2024, an 8% year-on-year increase, correspondingly increasing the demand for gear lever control sticks.
• Risks and Challenges:
Fluctuations in raw material prices, environmental protection, and safety regulations.
• Conclusion:
The global market size shows steady growth, with the Asia-Pacific region dominating in market share and growth potential. Intelligence and electrification have become the core trends for future market development. In terms of market competition, international leading companies dominate the high-end market with technological advantages, while domestic companies have cost-performance advantages in the mid-to-low-end market and are gradually penetrating the high-end market.
Recommended Content
Share
Social Media
Contact Information
Address: No. 39-6-1, No. 2, Gangxing Street, Economic and Technological Development Zone, Dalian City, Liaoning Province
Telephone:0411-88035927
Fax:0411-88035927
Mailbox:liuchunhong@dlbhxs.com
All Rights Reserved © Dalian Bohai Rubber & Plastics Co., Ltd.
SAF Coolest v1.3.1.2 设置面板 WZOSD-ZNJE-XAASE-ZQA
无数据提示
Sorry, the current column is being updated, please look forward to it!
You can view other columns or returnHome Page