A new edition of our bi-annual Global Construction Equipment Markets study is now available, featuring updated forecasts. The report is available to ALL Off-Highway Research clients, while non-clients can request a copy by completing an online form.
Prior to the Covid-19 pandemic, the cyclical construction equipment market was expected to fall in 2020 and beyond. However, huge stimulus in China caused global sales to remain at 2019's high last year, and a new record may be achieved in 2021.
The Chinese, Indian, International and Global Volume & Value Services have been published with actual figures for 2020, and forecasts for 2021-2025.
The new Global Volume & Value Service PLUS is a powerful market-sizing tool, covering 16 products and 19 major countries, plus the rest of the world. It goes further than the standard Global Volume & Value Service by breaking data down by up to six size classes per product type in each of the 19 individual countries covered. This provides 524 data points per year, compared to 224 in the standard Service.
Such a rich pool of information is of particular interest to clients who require a deeper and more detailed knowledge of international markets.