The construction equipment industry in South America has a history of volatility, but government investment in infrastructure, high commodity prices and a degree of political stability should help to maintain sales around the high levels which have been seen for the last two years.
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We're very pleased to have supported the Wall Street Journal with background information and interviews for this piece on the excavator market
Although not a traditional product in the region, mini excavators are enjoying remarkable popularity in North America
Wheeled loader sales in China have fallen along with those all other equipment types. However, the impact of the downturn has not been as severe in this segment.
SVP for Technology Thomas Bitter will discuss the global landscape and outlook for alternatively powered construction equipment at the October 25th Off-Highway Conference.
Off-Highway Research Managing Director Chris Sleight will be one of the speakers at the Spanish Association of Construction and Mining Equipment (ANMOPYC) General Assembly in Zaragoza, Spain on Tuesday 4th July.
Although volumes are modest, increased domestic production is helping to grow the mini excavator market in India.
Sales of asphalt pavers are expected to rise 20 per cent this year after a particularly disappointing 2022. However, the long-term trend in the market is for slower growth and relatively modest volumes.