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With the continued support of China's national policies and the gradual recovery of market demand, China's engineering machinery industry is expected to maintain steady growth in 2025. The market size is projected to reach 910 billion RMB, while the global market continues its upward trajectory. Intelligence, sustainability, and globalization are emerging as the three core trends in the industry's development. This article analyzes the key directions and potential opportunities for China's engineering machinery industry in 2025.1. Market Size and GrowthIn recent years, China's engineering machinery industry has experienced cyclical fluctuations, but with the dual drivers of policy support and strong market demand, the sector is now showing significant signs of recovery. Statistics indicate that the industry's revenue reached 849 billion RMB in 2023, is estimated to grow to 876.6 billion RMB in 2024, and is projected to hit 910 billion RMB in 2025. This growth is underpinned by strong national policies and robust demand for infrastructure construction.Globally, the engineering machinery market is also expanding. Global sales are forecasted to reach $131 billion in 2024 and continue to grow steadily in 2025. By 2030, the market size is expected to reach $165.67 billion, with a compound annual growth rate (CAGR) of 3.5%. With countries worldwide ramping up infrastructure construction and urbanization, the global engineering machinery market is set for continued expansion. China's accelerated internationalization efforts are expected to further boost the industry's overall development.2. Accelerated Transformation to Intelligence and SustainabilityIntelligence and sustainability have become key development directions for China's engineering machinery industry. With increasingly stringent environmental regulations and growing societal demands for sustainable development, the need for green and energy-efficient machinery is set to rise. By 2025, more engineering machinery companies are expected to increase investment in smart control, remote monitoring, and eco-friendly technologies, driving product optimization and technological upgrades.The "2023 China Manufacturing Power Development Index Report" highlights that intelligence and sustainability have been identified as core development goals for the engineering machinery industry. Chinese companies are accelerating their transition towards intelligent and green products, introducing electric and smart solutions to meet the rising expectations of markets and customers. For instance, Xiamen TDER Industrial Co., Ltd. (TDER) has actively entered this space, launching electric skid steer loaders and electric excavators, contributing to the industry's green transformation.3. Accelerated Global Market ExpansionUnder the Belt and Road Initiative, Chinese engineering machinery companies are expected to further expedite their global expansion. By 2025, China's engineering machinery exports are anticipated to grow significantly, especially in emerging markets such as Southeast Asia and developing countries. Companies are enhancing their international competitiveness through overseas acquisitions and the establishment of international R&D centers. Meanwhile, the North American market, as the world's largest engineering machinery market, will remain a stable high-value market offering substantial opportunities for Chinese enterprises.Chinese companies' global footprint extends beyond product exports to include technological innovation and brand development. TDER’s persistent efforts in expanding overseas markets, particularly in Asia, the Americas, and Europe, are progressively achieving comprehensive global business coverage.4. Diversified Market DemandBy 2025, the demand in the engineering machinery industry will exhibit greater diversity. Domestically, urbanization and infrastructure construction—especially the implementation of new urbanization projects—will drive consistent demand for basic equipment such as excavators, loaders, and concrete machinery. This demand includes both large-scale infrastructure projects and the use of compact machinery in urban construction.Internationally, market demands are even more diverse. Different regions, depending on their stage of infrastructure development, have varying needs for engineering machinery. For instance, Asia and Africa focus on infrastructure projects such as roads, bridges, and mining, while Europe and North America demand high-tech, high-performance equipment, spurring growth in intelligent and automated machinery.Looking Ahead to 2025, the engineering machinery industry is poised for a transformation driven by technological innovation and evolving market demands. Intelligence, sustainability, and globalization are not only the key directions for future growth but also the core elements of industry competition. TDER will continue to deepen its research and development efforts, accelerate the launch of intelligent and sustainable products, expand its international markets, and enhance product competitiveness to provide more efficient and eco-friendly machinery solutions for customers worldwide.

Amid growing global calls for environmental protection, the golf cart industry is advancing a green revolution. In response to stricter emission standards and supportive energy-saving policies, manufacturers worldwide are investing heavily in research and development to transform traditional golf carts into electric and intelligent vehicles. This shift not only aligns with stringent environmental regulations but also attracts consumers who prioritize sustainable lifestyles.Xiamen TDER Industrial Co., Ltd. (TDER) is actively engaged in the low-carbon design and development of golf carts. In December 2024, a series of golf cart products will be launched, marking another significant step in TDER's transition to green and energy-efficient solutions. According to the latest data, electric golf carts accounted for 65% of total sales in 2023, highlighting the industry's rapid move toward a low-carbon future.Market Expansion Fuels Robust GrowthRecent market research reports reveal that the global golf cart market reached $1.39 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 3.5% over the next five years. North America, a traditional hub for golf, continues to exhibit steady growth, while the Asia-Pacific region, driven by a thriving leisure and entertainment industry, has become the fastest-growing market for golf carts worldwide. Notably, as green mobility solutions gain traction, golf carts are increasingly used in new scenarios such as resort commuting and campus sightseeing, creating broader opportunities for industry development.Technological Innovation Reshapes Industry LandscapeTechnological advancements are the key driving force behind the continued growth of the golf cart industry. Many modern golf carts now feature advanced GPS navigation systems that provide real-time course information, precise yardage calculations, and hazard alerts, significantly enhancing the player experience. Autonomous driving technology is revolutionizing course management and player interactions. For instance, smart golf carts can autonomously plan optimal routes, improving efficiency and reducing staff workload. Additionally, improvements in battery technology have extended the range and reduced charging times for electric golf carts, addressing the dual demands of environmental protection and practicality.Emerging Markets: The Future Growth FrontierIn recent years, the rapid rise of Asian and Middle Eastern markets has injected new vitality into the golf cart industry. With economic growth and consumption upgrades in these regions, the demand for premium leisure facilities, including golf courses and related equipment, has surged. In the Middle East, electric golf carts have become indispensable in luxury resorts, while in Asia, China and India stand out as key growth markets and major battlegrounds for international golf cart manufacturers.As environmental regulations tighten and consumers increasingly embrace green lifestyles, the golf cart industry is accelerating toward a new era of "green manufacturing." In the future, technological innovation and market expansion will continue to drive the industry forward. On the path to sustainable development, golf carts are not only set to represent green mobility but also play a vital role in global economic recovery.To further realize its vision of enabling customers to achieve one-stop procurement, TDER will continue to broaden its product portfolio. In addition to eco-friendly and intelligent golf carts, TDER plans to introduce more innovative products in the future.