Since last year, with the improvement of the U.S. economic situation, the sales volume of the US truck market has been steadily increasing, and the demand for engines has greatly increased. In the first two months of this year alone, Cummins has won a 4% share of the heavy truck market. Agricultural machinery refers to the process of crop cultivation and livestock production, as well as agricultural and livestock products used in the initial processing and handling of a variety of machinery. Agricultural machinery includes agricultural power machinery, farm construction machinery, soil tillage machinery, planting and fertilising machinery, plant protection machinery, farm drainage and irrigation machinery, crop harvesting machinery, agricultural processing machinery, animal husbandry machinery and agricultural transport machinery, etc. Tractors; agricultural tractors; walk-behind tractors; crawler tractors; weeders; seed planters Shandong Nuoman Engineering Machinery Co., Ltd , https://www.chinanuoman.com
Cummins estimates that this year's revenue will increase by 15% from last year. The main reason why the diesel engine manufacturer is optimistic about the prospects is that the US heavy truck market is recovering. The rapid increase in sales of products in the Chinese and Indian markets is also an important factor for Cummins’s optimism about the future.
The person in charge of Cummins said: “The demand for the entire engine market is increasing, and heavy-duty truck engines are in great demand. However, the rapid rise in the prices of steel, copper and other commodities may have some impact.â€
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