2025年11月工程机械主要产品月平均工作时长为84.2小时，同比下降13%

Core Viewpoint - The engineering machinery industry is experiencing a decline in average working hours and operating rates, indicating potential challenges ahead for the sector [1][3]. Monthly Working Hours Summary - In November 2025, the average working hours for major engineering machinery products was 84.2 hours, a year-on-year decrease of 13% but a month-on-month increase of 4.08% [1]. - Specific working hours for major products in November 2025 included: excavators at 76.5 hours, loaders at 94.4 hours, truck cranes at 104 hours, crawler cranes at 94.2 hours, tower cranes at 48.9 hours, rollers at 32.6 hours, pavers at 46.1 hours, rotary drilling rigs at 69.9 hours, non-road mining dump trucks at 162 hours, concrete pump trucks at 42.4 hours, concrete mixers at 63.4 hours, and forklifts at 108 hours [1]. Monthly Operating Rate Summary - The operating rate for major engineering machinery products in November 2025 was 56.5%, a year-on-year decline of 12.1 percentage points but a month-on-month increase of 1.5 percentage points [1]. - Specific operating rates for major products in November 2025 included: excavators at 57%, loaders at 57.2%, truck cranes at 70.8%, crawler cranes at 56.9%, tower cranes at 40.1%, rollers at 43.2%, pavers at 57.1%, rotary drilling rigs at 41.4%, non-road mining dump trucks at 44.1%, concrete pump trucks at 38.1%, concrete mixers at 30.2%, and forklifts at 66.3% [1]. Historical Working Hours Data - The average working hours for major engineering machinery products showed a downward trend from January to November 2025, with notable figures such as 90.1 hours in March and April, and a significant increase to 46.4 hours in February, which was a 70.3% year-on-year growth [4][5]. Industry Trends - The engineering machinery industry is anticipated to recover, with discussions around the transition to "National IV" emissions standards starting December 1, 2025 [6]. - There is a notable increase in exports, with a rise of over 70% this year, despite a continuous decline in domestic sales for 13 months [7]. Market Dynamics - The improvement in operating rates in February 2025 suggests a warming expectation for the engineering machinery industry, alongside a strong start to credit in January, reinforcing domestic demand recovery [11]. Expert Insights - Industry leaders are discussing the current development situation and the need for support in the transition to new energy for engineering machinery and commercial vehicles [11].