[SPONSORED] A Growth Spurt in SANY’s International Product Lines: 128 New Products Released
With all available resources mobilized, SANY is witnessing a growth spurt in its international product lines - 128 new products for the international market were released lately. By Richard Song In 2021, aiming to tap into a wider market of 7.5 billion in population, Chinese construction machinery giant SANY launched 128 new products for international markets, representing 83% year-on-year growth.
Not limited to regular models, SANY's product portfolio coverage in high-end markets in Europe and America reached 64%. SANY's all-star team is shining in global markets, starring:
- the 45 m pump truck which fills a gap in the European market;
- the excavator SY225C-10HD which generated many orders at Bauma India;
- the drilling rig SR235MV which is a strong newcomer in the North American market;
- and the wheeled crane SAC600E, a bestselling high-tech model in Europe, America, Korea, and Australia.
Apart from new products, SANY lodged 179 PCT international patent applications in 2021. SANY ensures all available resources around the globe, including talent, technologies, R&D, manufacturing facilities, and management, are mobilized to enrich product diversity and enhance their competitiveness.
Launched in 2021, the Global Coordinated Design Platform realized the joint development of the first-generation PS/SP dual-branded 45 m pump truck by SANY and Putzmeister. SANY's R&D incorporates rich global intellectual resources, with Kunshan Global R&D Center being a good example and all machinery divisions having their own research institutes. R&D centers have been established in North America, Europe, Japan, and India, where nearly 200 top local experts are working in the field in areas of local law, customer research and the localization of spare parts, allowing SANY to serve local markets better.SANY
In China, the number of SANY's R&D staff specializing in international products reached 864 in 2021, a year-on-year growth of 89%.
Among them, 150 are regularly dispatched to the frontlines around the world to gain real-time insights into market trends. Manufacturing-wise, SANY is planning to build more lighthouse factories in regions such as Europe and Southeast Asia. All of SANY's R&D and cultivation efforts led to a remarkable global performance in 2021, with a sales growth of 50% year on year and doubled sales in over 50 countries and regions.
While SANY excavators and concrete machinery remain global bestsellers, concrete machinery, cranes, and drilling machinery enjoyed a sales growth of 24%, 137%, and 121% respectively.
In the near future, SANY's internationalization efforts will revolve around the development of large equipment, Euro-American markets, and the compilation of product literature, all of which are important elements to propel SANY's internationalization progress forward.
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