Recently, combined with domestic construction machinery after-market monitoring data and regional market research, it shows that the loader parts market in the first quarter of 2026 presents a clear trend of "cost-effectiveness first and supply chain stability first", and the value of localized and multi-category comprehensive suppliers continues to be prominent. With the national loader ownership exceeding 1.85 million units, of which 45% have been in service for more than 5 years, the maintenance demand for in-service equipment continues to be released, driving the steady growth of the parts market.
From the perspective of market demand, the demand for high-frequency wearing parts and core transmission components is strong. Among them, wearing parts such as bucket teeth, pin bushings and brake calipers have a short replacement cycle, and the procurement demand has increased by more than 15% year-on-year; core components such as drive axles and gearbox gears have continued to tilt their market share towards high-quality domestic enterprises due to the advancement of localization replacement. Taking Xi'an as an example, local parts dealers rely on the location advantage of logistics parks to integrate multi-source supply resources, providing cost-effective comprehensive procurement solutions for construction units, which not only meet the batch supply of conventional parts, but also quickly respond to the procurement needs of non-standard and emergency parts, effectively reducing the customer's procurement cost and equipment downtime risk.
It is worth noting that Linyi, Shandong, as one of the main domestic production bases for loader parts, local enterprises continue to consolidate their market advantages with mature production systems and logistics networks. Enterprises such as Hongxiang Machinery focus on core parts such as loader wheel frame assemblies, planet gears and support shafts, optimize production processes, and strictly control product quality while realizing mass production. Their products not only supply the domestic market, but also are exported to Southeast Asia, Africa and other regions through compliance certification, with export volume increasing by 12% year-on-year in the first quarter. The industry expects that with the continuous force of infrastructure investment, the demand for the loader parts market will be further released in the second quarter, and supply chain stability and product cost-effectiveness will become the core grasp of enterprise competition.