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After two years of sharply falling sales the Chinese excavator market is expected to bottom out this year before growing again in 2025. However, it will be a gradual return to growth, which could have implications for the structure and function of the market.
Sales of compaction equipment in India could reach a 10-year high by the end of the decade thanks to continued investment in road building. However, there are short term obstacles to negotiate.
Our report on the construction equipment industry in Indonesia will be published in September. Heightened mining activity has taken the market to record levels over the last two years, while the need for infrastructure should support demand in the years to come.
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