Information from Off-Highway Research's Customer Groups Database Service features in an article in International Rental News on the dominance of rental in India.
Our database of sales by year, buy equipment type, by customer group has now been extended from its original European coverage to include India and China.
A discount is available to delegates who wish to book for both the Off-Highway Conference and Diesel Progress Summit, which will run back-to-back in Chicago this September
The Chinese, Indian, International, Global Volume & Value and Customer Group Database Services have been published with actual figures for 2021, and forecasts for 2022-2026.
Global construction equipment sales grew +10 per cent last year. High demand and long lead times mean a similar volume of equipment is forecast to be sold in 2022.
An unexpectedly robust recovery in European equipment sales last year has taken to volumes not seen since the boom of the mid-2000s.
Full data for 2021 and updated forecasts are now available to subscribers to the Chinese Database Service
Full data for 2021 and updated forecasts are now available to subscribers to the Indian Database Service
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Competition from manual labour and alternatives such as backhoe loaders limit the appeal of this equipment type