2026年2月工程机械主要产品月平均工作时长为55小时，同比增长18.6%

Core Viewpoint - The construction machinery industry is showing signs of recovery, with improvements in average working hours and operating rates for major products in February 2026 compared to the previous year, despite some month-on-month declines [3][5]. Group 1: Working Hours and Operating Rates - In February 2026, the average working hours for major construction machinery products was 55 hours, an increase of 18.6% year-on-year but a decrease of 24.1% month-on-month [3]. - Specific working hours for key machinery include: - Excavators: 48.2 hours - Loaders: 69.9 hours - Truck Cranes: 66.8 hours - Crawler Cranes: 105 hours - Tower Cranes: 20 hours - Rollers: 23.1 hours - Pavers: 37.9 hours - Rotary Drilling Rigs: 50.2 hours - Off-road Mining Dump Trucks: 76.5 hours - Concrete Pump Trucks: 21.9 hours - Concrete Mixers: 22.2 hours - Forklifts: 82.1 hours [4]. - The overall operating rate for the industry in February 2026 was 35.9%, a decrease of 8.63 percentage points year-on-year and a decline of 12.2 percentage points month-on-month [5]. Group 2: Industry Trends and Expectations - The construction machinery industry is anticipated to be on a recovery path, with expectations of improved performance as indicated by the increase in working hours and operating rates [8]. - The transition to "National IV" emissions standards is set to begin on December 1, 2026, which may further influence industry dynamics [8]. - There is a notable increase in domestic demand expectations, supported by a strong start to credit in January, suggesting a potential thaw in the market for construction machinery [10].