Chinese market surges ahead
Construction equipment sales in China are expected to rise 14 per cent this year according to revised forecasts form Off-Highway Research. The previous expectation was for sales to fall 8 per cent, but stimulus measures in the wake of the Covid-19 pandemic are now expected to reverse this trend.
New reports in August
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports, Equipment Analyses and Company Profiles.
Long-term prospects remain strong for excavators in India
Excavator sales in India will fall year-on-year in 2020 due to the Covid-19 pandemic and lockdown. However, the fundamental drivers for the industry remain good and sales are expected to not only bounce back but reach unprecedented highs in the coming years.
New reports in July
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports, Equipment Analyses and Company Profiles.
Dump trucks in China - demand migrates to mining
Construction in China now relies almost entirely on on-highway trucks for hauling applications, making off-road dump trucks purely mining machines.
Podcast discusses new global equipment market outlook
Off-Highway Research managing director Chris Sleight discusses the impact of Covid-19 on sales of construction equipment around the world with International Construction magazine editor, Andy Brown.
June Covid-19 update now available
The June edition of our new report series provides detail and commentary behind Off-Highway Research’s latest forecasts and examines first quarter financial results from the industry’s major OEMs.
New global outlook available to all clients
Off-Highway Research has updated its Global Construction Equipment Markets report in light its revised forecasts. Construction equipment sales are expected to fall 19 per cent this year.
New reports in June
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports. In addition, all clients can download the June issue of our complementary Global Covid-19 update as well as our updated global markets report.
India moves to bigger dump trucks
Demand may be more volatile than other equipment types, but our detailed analysis shows a number of clear market trends.