2025年12月工程机械主要产品月平均工作时长为76.5小时，同比下降18.6%

Core Viewpoint - The construction machinery industry is experiencing a decline in average working hours and operating rates, indicating potential challenges ahead for the sector in 2025 [1][3]. Monthly Working Hours Summary - In December 2025, the average working hours for major construction machinery products was 76.5 hours, a year-on-year decrease of 18.6% and a month-on-month decrease of 9.19% [1]. - Specific working hours for various machinery in December 2025 included: excavators at 69.3 hours, loaders at 80.4 hours, and concrete mixing trucks at 53.8 hours [1]. Monthly Operating Rate Summary - The operating rate for major construction machinery products in December 2025 was 51.8%, down 12.5 percentage points year-on-year and down 4.72 percentage points month-on-month [1]. - Operating rates for specific machinery in December 2025 included: excavators at 52.6%, loaders at 46.5%, and concrete mixing trucks at 26.5% [1]. Historical Data Review - The average working hours for major construction machinery products showed a consistent decline from 90.1 hours in April 2025 to 76.5 hours in December 2025, with various monthly year-on-year decreases ranging from 3.61% to 70.3% [4]. - The operating rates have also shown a downward trend, with December 2025's rate of 51.8% reflecting a significant drop compared to earlier months [1][4]. Industry Trends - The construction machinery industry is anticipated to face challenges due to the continuous decline in domestic demand, as indicated by a 13-month consecutive drop in internal sales [8]. - Despite the downturn, there are expectations for improvement in the industry, with potential recovery signals noted in early 2025 [8][12].