After the outbreak of the new crown, China has benefited from the sharp increase in demand brought about by the domestic economic recovery, and "new infrastructure" has become a new driving force for industry growth. The demand for excavators grew rapidly in May.

　　Last week, Komatsu's official website released data on the number of working hours of Komatsu excavator in May. Data shows that in May 2020, the number of working hours of China's Komatsu excavator reached 147, the highest since October 2018. Among them, the month on month growth was 2.1%, 3% year-on-year growth, and the year-on-year growth rate of working hours of Komatsu excavator for two consecutive months was positive (3.7% in April).

　　In addition to China, Japan's Komatsu excavator operating hours continued to decline, while Europe and North America improved month on month. In Japan, Komatsu excavator started 47.7 hours in May, down 6.3% month on month, down 1.9% year on year; in Europe, Komatsu excavator started 72.9 hours in May, up 10% month on month, down 10.9% year on year; in North America, Komatsu excavator started 63.6 hours in May, up 3.8% month on month, down 15.1% year on year.

　　At present, Komatsu construction hours is the most widely used construction machinery construction hours index in China, which can well represent the activity of infrastructure construction. In short, the longer the construction machinery is used, the more vigorous the construction will be. The number of hours started in May is still at a high level, which indicates that domestic investment in fixed assets such as infrastructure is still active, and the current construction machinery industry is still at a high level.

　　According to the historical data of the growth of hours of starting and sales of Komatsu excavator, there is a good consistency between the two. Therefore, Komatsu excavator hours this indicator by the industry's attention. Major securities companies expect that the year-on-year growth rate of excavator sales in May will remain at 50% - 60%. In May, the sales volume of domestic excavator market is expected to be 25944 sets, up 55.2% year on year.

　　In addition, with the gradual improvement of the domestic epidemic situation and the gradual increase of new infrastructure, it is expected to become a new engine to promote China's economic growth, and the market demand of the construction machinery industry will continue to expand,