Technology
Historic Auction-To-Asking Price Gaps Persist in Used Farm Equipment Market
Published
2 years agoon
By
LINCOLN, Neb., Oct. 4, 2024 /PRNewswire/ — According to the newest Sandhills Global market reports, the spread between auction and asking values remains elevated in Sandhills’ used U.S. farm equipment marketplaces. This is occurring because auction prices are decreasing faster than asking values, particularly within the high-horsepower tractor market. When auction values fall, asking values typically follow suit.
“We’ve observed auction values make a significant move downwards in high-horsepower tractors this year,” says TractorHouse Manager Ryan Dolezal. “But keep an eye on late-model self-propelled sprayers, too. Auction values on these units are rapidly decreasing as year-end approaches.”
The new market reports also cover Sandhills’ used transportation and construction equipment marketplaces. In the used heavy-duty truck market, day cab and sleeper truck inventory levels are comparable, which is a historic first, while asking and auction values continue trending down. “Heavy-duty truck values continue trending downward, although inventory levels remain virtually the same,” says Truck Paper manager Scott Lubischer. “Market volatility due to the current freight market continues to apply negative pressure on price.”
In the used heavy-duty and medium-duty construction equipment markets, upward inventory trends persist, adding pressure to asking and auction prices. “Equipment inventory levels continue trending up overall,” says Director of North American Construction Stephanie Olberding. “Asking and auction prices are trending down in the overall market, but medium-duty equipment values are falling faster.”
The key metric in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.
Additional Market Report Takeaways
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.
U.S. Used Tractors 100 Horsepower and Greater
Inventory levels in this market have been climbing for several months. In September, inventory increased by 1.35% M/M and 34% YOY. High-horsepower (300 HP and greater) tractors constitute the leading growth category, with inventory 56.11% higher than year-ago levels and 32.23% higher than in September 2019 (pre-COVID).Asking values decreased slightly M/M at 0.67% following months of decreases. Asking values were down 3.29% YOY.Auction values in this market have decreased more rapidly than asking values, creating a noteworthy gap. This EVI spread, which measures the percentage difference between asking and auction values, reached 48% in September, exceeding historic highs set in 2015. Auction values were down 1.39% M/M and 14.32% YOY and are trending downward. The used 175-to-299-HP tractor category showed the steepest YOY auction value decrease with a 15.56% drop; the used high-HP tractor category was next in line with a 15.3% YOY drop.
U.S. Used Combines
Inventory levels of used combine harvesters decreased 2.14% M/M in September and are trending down, but were 8.53% higher than last year.Following months of decreases, asking values were down 2.67% M/M in September but were up slightly, by 0.77%, YOY.Similarly, auction values have decreased over several months and were down by 2.15% M/M and 6.74% YOY in September. EVI spread in this market fell, but at 56%, it still far exceeds historical values.
U.S. Used Self-Propelled Sprayers
Inventory levels of used sprayers have been rising for months. This continued in September, as the market posted gains of 6.23% M/M and 36.99% YOY.Asking values increased 2.04% M/M, decreased 3.45% YOY, and are trending sideways.Auction values, on the other hand, decreased by 4.6% M/M, continuing a trend of consecutive monthly declines, and were 21.12% lower YOY. EVI spread continues to exceed historical values, jumping to 62% in September.
U.S. Used Planters
Inventory levels in Sandhills’ U.S. used planting equipment market are still trending upward. Inventory was up 1.09% M/M and 5.4% YOY.Asking values decreased by 2.69% M/M and 9% YOY and are trending downward.Auction values also decreased, by 1.68% M/M and 23.24% YOY, but are trending sideways. The EVI spread for used planters has dropped in recent months, resting at 66% in September, which is lower than the 72% high observed in 2015.
U.S. Used Compact and Utility Tractors
Inventory and values are trending downward in Sandhills’ U.S. used compact and utility tractor market. Inventory levels rose slightly, at 0.54%, M/M in September, but were 11.52% lower YOY. Inventory levels in the less-than-40-HP tractor category were down 15.68% YOY.Asking values decreased by 0.94% M/M and 4.37% YOY.Auction values decreased by 1.17% M/M and 6.01% YOY.
U.S. Heavy-Duty Trucks
Inventory levels of used heavy-duty trucks in Sandhills’ U.S. marketplaces dropped 2.71% M/M and 5.85% YOY in September and are trending downward. Sleeper truck inventory typically exceeds day cab inventory, but in a historic first, sleeper truck inventory has dropped to roughly match that of day cabs.Continuing months of decreases, asking values decreased by 0.74% M/M and 17.29% YOY.Auction values also fell, by 3.51% M/M and 20.39% YOY, and are trending downward.
U.S. Used Semitrailers
Inventory levels in Sandhills’ used semitrailer marketplaces decreased by 2.82% M/M in September but are trending upward, posting a 22.79% YOY increase. In the overall market, inventory is now reaching pre-COVID levels. Looking at specific categories, used dry van trailer inventory levels decreased by 6.19% but were still up 37.94% compared to last year. Also, with a 33.25% YOY increase, used flatbed trailer inventory was significantly higher than last year.Asking values ticked up 1.01% M/M in September but are trending downward. Asking values were 16.23% lower YOY. The used reefer and dry van trailer categories fell the most YOY, posting decreases of 23.67% and 20.34%, respectively.Auction values dipped slightly lower by 0.07% M/M, marking consecutive months of declines. Auction values fell 16.65% YOY and are approaching pre-COVID levels. The used reefer and dry van trailer categories also posted the steepest auction value drops, falling 25.49% and 21.75%, respectively.
U.S. Used Medium-Duty Trucks
In Sandhills’ U.S. used medium-duty truck market, values continue to follow downward trends while inventory levels remained steady in September. Inventory levels decreased by 2.69% M/M, increased by 2.94% YOY, and are trending sideways.Asking values followed months of decreases with additional drops of 0.3% M/M and 14.92% YOY in September.Auction values have also been falling for months. Auction values were down 2.3% M/M and 23.58% YOY in September, with used moving box trucks showing the sharpest monthly category decrease, down 10.07% M/M.
U.S. Used Heavy-Duty Construction Equipment
Inventory levels have been rising for months in this market, which includes used crawler excavators, dozers, and wheel loaders in Sandhills’ U.S. marketplaces. Inventory levels were up 0.78% M/M and 21.54% YOY. However, no categories have reached pre-COVID levels yet.Asking values increased by 0.46% M/M but are trending downward and were 4.35% lower YOY.Auction values decreased by 0.6% M/M and 9.49% YOY, continuing months of declines. The used excavator and wheel loader categories posted YOY decreases slightly above 10%.
U.S. Used Medium-Duty Construction Equipment
Inventory levels are trending upward in this market, which includes used skid steers, loader backhoes, and mini excavators in Sandhills’ U.S. marketplaces. Inventory was down 1.62% M/M but up 36.26% YOY in September. While all categories showed negligible M/M inventory decreases, track skid steers exhibited the strongest YOY increase at 43.28%, followed by wheel skid steers, up 42.62%.Asking and auction values have been falling for several months. Asking values were down 0.63% M/M and 6.23% YOY in September.Auction values decreased by 0.62% M/M and 9.59% YOY. The used skid steer and mini excavator categories each posted a roughly 10% YOY drop in auction values.
U.S. Used Lifts
Inventory levels in this market increased by 5.6% M/M and 21.54% YOY following months of growth. The used rough terrain scissor lift category exhibited the most dramatic increases, up 12.9% M/M and 43.34% YOY, compared to other used lift equipment categories. Also noteworthy, inventory in the used telehandler category was 62.1% higher than year-ago levels.Asking values were up 1.17% M/M but down 8.15% YOY and are trending downward. In the used pneumatic-tire and cushion tire forklift categories, asking values were down 12.6% and 12.7% YOY, respectively.Auction values were up 1.14% M/M, down 12.62% YOY, and are trending sideways. Again, the used pneumatic-tire and cushion tire forklift categories showed the most significant YOY decreases, down 20.06% and 18.83%, respectively.
Obtain the Full Reports
For more information or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information through trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
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SOURCE Sandhills Global
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Technology
ASTRI Showcases Pioneering Technologies at InnoCarnival 2026
Published
15 minutes agoon
October 24, 2026By
Driving Technology Adoption, Shaping a Vision for the Future
HONG KONG, Oct. 24, 2026 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) is proud to present a range of cutting-edge technologies and practical solutions at this year’s InnoCarnival, spanning communications technology, smart cities, IoT sensing, and renewable energy and energy storage. ASTRI’s innovations address urban development needs and everyday applications, driving diversity in the innovation and technology (I&T) sector.
Organised by the Innovation and Technology Commission of the Hong Kong SAR Government, the InnoCarnival 2026 runs from today through 1 November at Hong Kong Science Park (HKSP) with the theme of “Lead with I&T, Dream to Fly High “, offering the public an opportunity to experience the transformative power and I&T vibrancy.
Ir Dr Ted Suen, Chief Executive Officer of ASTRI, stated: “Innovation is not just about breakthroughs in the lab – it’s about putting technology into practice, empowering industries, and benefiting society as a whole. At ASTRI, we align closely with the government’s priorities in advancing AI development and accelerating new industrialisation. Through our participation in the InnoCarnival, we showcase various state-of-the-art technologies, some of which have been co-developed with industry partners and are already in commercial rollout. These innovations demonstrate the tangible benefits of technology in daily life and inspire the public to explore their curiosity about science and innovation.”
He highlighted the InnoCarnival as a key platform to bridge the I&T community with the public. “This annual landmark event motivates young people to explore their potential and encourages them to pursue careers in Hong Kong’s growing I&T sector,” he added.
ASTRI’s booth (A08), located at the HKSP’s Atrium Link, features interactive games powered by its groundbreaking technologies “5G-SAT Link” and “Omniguard-All-Weather Multispectral Surveillance System” technologies. Visitors can also explore other advanced solutions on display, including the dual-purpose “SafeStop Dual-purpose Impact Dissipation Bollard”, the “Hybrid-Powered Asset Tracker”, and the award-winning “NIR Secure Anti-Counterfeit Solutions”, which received gold award at the prestigious Edison Awards.
1. 5G-SAT Link
ASTRI’s “5G-SAT Link” technology delivers seamless, comprehensive communications coverage—even in remote areas, emergency scenarios where infrastructure is compromised, or at sea and in the air.
2. Omniguard: All-Weather Multispectral Surveillance System
The “Omniguard” is equipped with exceptional fog penetration capabilities, superior contrast, and crystal-clear signal quality. Leveraging its advanced shortwave and longwave infrared sensors, the system can even detect non-metallic vessels that are difficult for radar systems to identify in harsh coastal environments.
3. SafeStop Dual-purpose Impact Dissipation Bollard
Developed by ASTRI, the “SafeStop Bollard” features a unique material design inspired by the retractable claw structure of cats. Its 3D tension-expansion composition allows it to effectively dissipate kinetic energy from moving vehicles, providing dual protection by blocking vehicles while minimising potential harm to occupants. Certified to meet international crash-test standards, the bollard’s shallow foundation design makes it ideal for fast and efficient installation in high-traffic urban locations.
4. Hybrid-Powered Asset Tracker
The “Hybrid-Powered Asset Tracker” enables efficient, real-time management of airport equipment such as baggage carts over extended periods. Supported by the Airport Authority Hong Kong, the tracker is compatible with airport wireless networks and utilises automatic Bluetooth-GPS switching for seamless indoor and outdoor location updates. With a long-lasting battery combined with an efficient, low-light solar panel, the tracker extends its lifespan from under two years to five years.
5. NIR Secure Anti-Counterfeit Solutions
The “NIR Secure Anti-Counterfeit Solutions” offer an innovative authentication system by embedding covert near-infrared (NIR) absorbing materials into product packaging. Users can verify product authenticity instantly using a smartphone, paired with an NIR reader and mobile app. Highly scalable and robust, this solution combats counterfeit goods while preserving the original product design and production workflow. Co-developed with Zhuhai Print-Rite New Materials Corporation Ltd., this technology sets a new benchmark in secure authentication.
Photos Download: https://bit.ly/4iguifh
About ASTRI
Founded in 2000 by the HKSAR Government, Hong Kong Applied Science and Technology Research Institute (ASTRI) is the city’s largest government-funded R&D centre. Committed to transforming high-impact research into practical innovations, ASTRI drives market-driven, interdisciplinary advancements across sectors, including Smart City, FinTech, Digital Health and Life Sciences, New Industrialisation and Intelligent Manufacturing, Application-Specific Integrated Circuits (ASIC) and Advanced Electronics, New Energy and Energy Storage, and Green and ESG Technologies. Following its merger with the Nano and Advanced Materials Institute, ASTRI has further strengthened its capabilities, with over 1,500 patents and 2,200 successful cases of technology transfer. Recognised with numerous international awards, ASTRI continues to nurture top I&T talent and foster collaborations among the I&T ecosystem, contributing to Hong Kong’s high-value economic development. For more information, please visit: https://www.astri.org
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SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)
Technology
Best Magnetic Stand Cases for iPhone 18 Pro & iPhone 18 Pro Max in 2026: TORRAS Recognized as a Top Choice by Expert Consumers
Published
15 minutes agoon
October 24, 2026By
NEW YORK, Oct. 24, 2026 /PRNewswire/ — Expert Consumers has recognized the TORRAS Magnetic Stand Case as a top choice for iPhone 18 Pro and iPhone 18 Pro Max users seeking built-in stand functionality, magnetic accessory support, and everyday convenience. The recognition highlights TORRAS’s Q-series and O-series lineup, including Q3 Spin, O3 Fitness, Q3 Silicone, Q3 Wind, Q3 VegSkin, and Q3 Air Essential.
Best MagSafe Cases:
TORRAS – offers magnetic stand cases with rotating and adjustable viewing mechanisms, support for compatible MagSafe accessories, and different materials and grip designs. Its Ostand lineup provides options for desk work, entertainment, fitness, travel, and everyday smartphone use.
As smartphones become increasingly central to video calls, navigation, streaming, and mobile work, the role of a phone case has expanded beyond protection. For consumers researching the best MagSafe case, the ability to position a phone hands-free, connect compatible accessories, and maintain comfortable everyday handling can make a meaningful difference.
Expert Consumers examined the features that matter when choosing a magnetic stand case, including stand practicality, viewing flexibility, magnetic functionality, charging compatibility, material feel, and documented durability features. The review highlights how TORRAS addresses these priorities through multiple stand configurations and case designs.
TORRAS Ostand Series Combines Stand and Magnetic Functionality
The TORRAS Ostand lineup integrates stand mechanisms into magnetic phone cases, reducing the need for separate hands-free viewing accessories. Rather than offering one universal configuration, the Q-series and O-series address different preferences for stand movement, grip, materials, and everyday use.
The TORRAS Q3 Spin features a 360-degree rotating ring stand that folds flat when not in use. The design supports flexible positioning for portrait video calls, landscape streaming, and desk use. For the iPhone 18 Pro version, TORRAS specifies an 18N magnetic holding force for compatible accessories and states that the stand mechanism has been tested through 30,000 rotations.
The TORRAS O3 Fitness offers additional adjustment for users who frequently move between handheld and hands-free activities. Available for iPhone 18 Pro and Pro Max, its aluminum stand provides 360-degree rotation, up to 180-degree tilt, and grip functionality. TORRAS lists 38 N56 magnets arranged in a Halbach array, delivering up to 18N of magnetic force. The design is particularly relevant for workouts, filming, travel, and video calls.
For users prioritizing a softer case feel, the TORRAS Q3 Silicone combines a liquid silicone exterior with a 360-degree rotating stand. Its documented iPhone 18 Pro Max version uses N52 magnets in a Halbach array for compatible magnetic charging and accessories. A microfiber interior and reinforced construction complement the soft-touch finish, supporting comfortable everyday handling.
The TORRAS Q3 Wind takes a related approach to comfort while offering a different stand configuration. Its iPhone 18 Pro Max version features 360-degree rotation and an opening range of up to 180 degrees. The stand can also function as a finger grip. TORRAS specifies N56 magnets in a Halbach array with an 18N magnetic holding force, combining flexible viewing with magnetic accessory support.
The TORRAS Q3 VegSkin emphasizes material finish alongside everyday functionality. Available for iPhone 18 Pro and Pro Max, it features an organic silicone-leather exterior and a 360-degree rotating aluminum stand. Its N56 Halbach magnetic system provides a stated 18N holding force. The combination makes it suitable for meetings, commuting, presentations, and users who prefer a more refined case appearance.
The TORRAS Q3 Air Essential combines rotating stand functionality with textured handling surfaces and Air Pro cushioning. Available in dedicated iPhone 18 Pro and Pro Max versions, it features a 360-degree rotating stand for hands-free viewing and a stated magnetic holding force of up to 18N. Its textured exterior is designed to support grip during everyday use, while cushioning provides an additional protective element.
Together, these models demonstrate how integrated stand cases can accommodate different routines without requiring users to rely on separate stands or grips.
Practical Features for Everyday Phone Use
A magnetic stand case becomes more useful when its design matches the way a phone is used. The TORRAS lineup includes configurations suited to several everyday situations:
Desk work and streaming: Q3 Spin provides a rotating ring stand for changing between portrait and landscape viewing.Fitness and filming: O3 Fitness combines 360-degree rotation, up to 180-degree tilt, and grip functionality for flexible positioning.Comfortable everyday handling: Q3 Silicone and Q3 Wind combine soft-touch finishes with adjustable stand mechanisms.Office use and commuting: Q3 VegSkin offers rotating stand functionality with a leather-inspired exterior.Travel and hands-free viewing: Q3 Air Essential combines a rotating stand with textured grip and cushioning.
Magnetic functionality is another shared consideration. The featured models support compatible MagSafe chargers and accessories, including magnetic mounts and wallets. However, magnet grades, arrangements, and attachment specifications differ between models.
These distinctions allow buyers to consider not only whether a case supports MagSafe accessories, but also how its stand mechanism and exterior design suit everyday habits.
Evaluating Durability, Handling, and Design
Expert Consumers’ evaluation considers the practical trade-offs of integrated stand cases. A built-in stand can reduce the need for additional accessories, but it also introduces a moving component that should be evaluated for convenience, durability, and comfort.
Stand construction varies across the lineup. Q3 Spin uses a rotating ring mechanism, while O3 Fitness offers additional tilt adjustment. Q3 Wind combines rotation with a wider opening range, and Q3 Silicone, Q3 VegSkin, and Q3 Air Essential provide their own approaches to rotating stand functionality.
Material choice also affects handling. The TORRAS magnetic stand case lineup includes soft silicone finishes, leather-inspired textures, and textured cushioning designs intended to address different preferences for grip and everyday carrying.
Manufacturer-stated testing offers additional product context. TORRAS reports 30,000 rotations for the Q3 Spin stand mechanism, although such figures should not be treated as guarantees of performance under every condition.
Protection features should also be considered separately from stand durability. Raised edges, cushioning, and reinforced construction may contribute to a case’s protective design, but the best choice ultimately depends on the intended phone model, handling preferences, and frequency of hands-free use.
A Complementary Screen-Protection Option
TORRAS also offers the SunView AR Ultra Screen Protector for iPhone 18 Pro and Pro Max, as well as iPhone 17 Pro and Pro Max.
The protector incorporates seven anti-reflective layers and two anti-fouling layers. TORRAS specifies film-only reflectance below 0.8%, light transmittance above 95%, and approximately 97% coverage through its 2.5D silk-screened glass.
Designed to reduce distracting reflections and fingerprint oils, the protector offers a complementary option for users who frequently check maps, messages, workout information, or camera previews outdoors.
Choosing a Magnetic Stand Case
Expert Consumers’ recognition of TORRAS highlights the growing importance of integrated stand functionality in everyday phone accessories. Rather than selecting a case solely for its appearance or magnetic attachment, buyers can consider viewing flexibility, stand construction, material feel, charging compatibility, and intended use.
The TORRAS Ostand lineup provides several approaches to these priorities. Q3 Spin emphasizes rotating viewing positions, O3 Fitness adds movement and grip flexibility, Q3 Silicone and Q3 Wind focus on comfortable handling, Q3 VegSkin combines functionality with a refined finish, and Q3 Air Essential balances adjustable viewing with textured grip and cushioning.
For consumers comparing magnetic stand cases for iPhone 18 Pro and iPhone 18 Pro Max, the most suitable option depends on viewing preferences, magnetic accessory compatibility, and everyday handling. Shoppers can explore the TORRAS Magnetic Stand Case to learn more about its integrated stand functionality and magnetic features.
The full review, including detailed product comparisons and buying considerations, is available at the Expert Consumers site.
About TORRAS
TORRAS creates technology accessories that combine protection, thoughtful engineering, and practical everyday function. Across the Q3 Air, Q3 Air Pro, and Ostand product lines, the brand challenges the idea that better protection must mean more bulk, while using Ostand to make hands-free use and spontaneous content capture part of daily life.
About ExpertConsumers.org: Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided.
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SOURCE ExpertConsumers.org
Technology
2026 China Marine Economy Expo Kicks Off: Embarking Together on a Journey Toward Digital and Smart Ocean
Published
16 minutes agoon
October 24, 2026By
SHENZHEN, China, Oct. 24, 2026 /PRNewswire/ — On October 22, Shenzhen World Exhibition & Convention Center was illuminated in a deep ocean blue as the 2026 China Marine Economy Expo—themed “Digital and Smart Ocean: Co-creating a Sustainable Future”—officially opened. Spanning an exhibition area of 50,000 square meters, the expo hosts over 350 enterprises and is expected to attract 25,000 professional visits. It focuses on core marine sectors and cutting-edge fields, featuring eight exhibition zones including integrated deep-sea and far-sea energy development and application, green shipping and low-carbon logistics, marine electronic information, marine ecology and sustainable development, offshore applications of the low-altitude economy, full-space marine monitoring and disaster early warning, marine biomedicine, and modern marine services and coastal cultural tourism, as well as three specialized exhibition zones dedicated to international participation, industrial clusters, and accelerated technological innovation, which together present the complete ecosystem of marine industries across their entire value chain.
The international zone stands as one of the most prominent core zones. For the first time, China Marine Economy Expo has introduced a Guest Country of Honor mechanism, with France serving as the inaugural honoree. France pavilion offers an immersive experience of its Mission Neptune, and showcases the achievements of Sino-French cooperation in deep-sea research, polar affairs, marine engineering, digital marine technologies, etc. in collaboration with Deep Blue Voyager 2035 global ocean expedition (an international cooperation initiative under UN Ocean Decade spearheaded by China Ocean Mineral Resources R&D Association) and Fujian Ocean Innovation Center.
Hainan, as the inaugural Guest Province of Honor, has brought its leading enterprises to the expo. The enterprises unveil solutions in deep-sea oil and gas, marine renewable energy, deep-sea equipment manufacturing, marine tourism, fisheries, modern marine services, marine biomedicine, subsea embodied-AI robots, large AI models for marine application, quantum-based marine communication and navigation, as well as progress in the development of service and support bases for South China Sea resource exploration, and maritime search and rescue facilities.
Many leading Chinese enterprises, industry front runners and emerging companies are present to demonstrate their capabilities.
Enterprises including China Merchants Group, China Communications Construction Group, China International Marine Containers, and Shenzhen Mawan Smart Port present innovations in smart shipping, offshore engineering and port operations. Tech companies like China Telecom, Huawei, Hikvision and China Unicom introduce cross-industry solutions covering large marine AI models, open sea networked communications, subsea cables and underwater connectors, and digital twin technology for the marine environment.
Underwater robotics section offers a particularly immersive experience. Companies such as CRRC SMD, Boya Gongdao, VVLAI, Sealien Robotics, Seahi, T-SEA Tech, QYSEA Technology, Chasing Innovation, and Wujiang Ocean showcase a diverse range of equipment from consumer-grade robots to 6,000 m industrial-grade submersibles, deep-sea trenching gear, and autonomous underwater exploration and imaging installations. Shenzhen Energy Group highlights a project integrating seawater electrolysis for hydrogen production with offshore wind power generation. SANYA Oceanographic Laboratory presents its Magic Needle large AI model for the South China Sea. ZJU-Hengyi Global Innovation Research Center, Zhejiang University features Haihong II deep-sea unmanned submersible.
There is also a wealth of standout innovations in marine materials and parts. Exhibits such as heavy plates for offshore engineering from Baosteel Zhanjiang Steel, deep-sea robotic arms from KathayBot, deep-sea optoelectronic connectors from Lansuo Technology, pressure resistant spherical hulls from Yancheng Huida Glass Instrument, and solid buoyancy materials from T21 offer visitors a glimpse into the essential materials and parts that underpin China’s major national equipment. Professional service organizations including China Classification Society, China Rescue & Salvage, and Shenzhen Court of International Arbitration provide expertise in areas ranging from testing and certification to emergency response, commercial arbitration, and legal services. Additionally, regional delegations from Guangdong, Hainan, Shanghai, Zhejiang, Shenzhen’s Dapeng and Bao’an districts, Huizhou, and Shantou stage a diverse array of marine projects and technological innovations.
Meanwhile, the 2026 Shenzhen Global Marine Economy Forum, serving as a premier platform for international exchanges within China Marine Economy Expo, took place from October 22 to 23. Nearly 50 high-level representatives and professionals from more than 10 countries and regions engaged in in-depth discussions to advance initiatives related to ecological conservation, the resilience of coastal cities, the value of blue carbon, blue finance, and sustainable urban development.
Industry matchmaking and investment promotion efforts also advance steadily, exemplified by events including International Shipping and Cross-Border Trade Matchmaking, Inaugural Greater Bay Area Blue Ocean Summit on University Sci-Tech Innovation and Capital, investment and financing roadshows by marine SMEs, and Investment Promotion for Shenzhen’s Marine Industries. Notably, the 2026 Investment Promotion for Shenzhen’s Marine Industries—held on October 23 and co-hosted by the Shenzhen Municipal Bureau of Marine Development and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, with the support of Bao’an, Longgang and Guangming districts—attracted representatives from around 100 enterprises and organizations specializing in high-end shipping, new energy vessels, deep-sea equipment and other related sectors.
From the technological feast inside exhibition halls to forums covering global ocean governance, blue finance and APEC regional cooperation, and further to city-wide ocean week, yacht shows and public science outreach activities, this edition of China Marine Economy Expo boasts both in-depth professional content for the marine sector and inclusive public experiences with a humanistic touch. It serves not only as a vivid microcosm of the transformation and advancement of China’s marine industries, but also as a vital link for deepening global maritime cooperation and venturing into deep ocean. By gathering guests from all over the world for a journey toward digitally-empowered smart ocean governance, the event ushers in a new chapter of high-quality development in the global marine economy.
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SOURCE 2026 China Marine Economy Expo (CMEE)
ASTRI Showcases Pioneering Technologies at InnoCarnival 2026
Best Magnetic Stand Cases for iPhone 18 Pro & iPhone 18 Pro Max in 2026: TORRAS Recognized as a Top Choice by Expert Consumers
2026 China Marine Economy Expo Kicks Off: Embarking Together on a Journey Toward Digital and Smart Ocean
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