Trendlines: North America
The April Trendlines column in Diesel Progress, written by Off-Highway Research, discusses the outlook for the North American equipment market.
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Soft landing seen for global equipment market
The second highest volumes of all time were achieved in 2022 and growth was still evident in every market except China.
North America – the pick of the bunch
Construction equipment sales grew 8 per cent last year and the market enjoyed a second successive record high in sales.
Slow recovery seen in China
Turmoil in the real estate segment had a major impact on equipment sales in 2022 and the issues will take time to fix
India back to growth
After four years of disruptions, India is once again fulfilling its promise of long-term equipment sales growth
Europe to stay on a high
Near record volumes of construction equipment were sold in Europe last year./ Although the market will slow, historically high volumes will be maintained.
North American database launch for ConExpo
More datasets and separate information on USA and Canada will be available for the first time.
North American compact tracked loader sales reach unprecedented high
The North American compact tracked loader market came close to 100,000 units last year. They are by far the highest volume machines in the region, despite being a relatively new equipment type.
Final chance to book for our ConExpo briefing
Book now for the Off-Highway Global Briefing event, which will take place on Wednesday 15th March, during ConExpo-Con/Agg 2023. Tickets will not be available on the day.