Off-Highway Research has estimated the impact of factory closures and national lock-downs on global equipment production this year. As disruptive as these problems are, falling demand from customers is likely to be a bigger issue.
In an exclusive interview, Off-Highway Research's Director of Research in China discusses with KHL Group's editors the return to normal production levels in the Chinese construction equipment industry. More details will follow for Off-Highway Research's clients in our May Market Reports.
The Chinese, European and Indian annual reviews are now available to download for subscribers to the relevant services and databases. An update of the global construction equipment markets overview is also now available and is accessible to all clients.
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest reports. In addition, all clients can download the new edition of our bi-annual Global construction equipment markets study.
Only 130 backhoe loaders were sold in China last year, but production totalled 850 units as indigenous manufacturers increasingly targeted export markets with these machines
Final figures for 2019 are now available in our databases and we will be providing ALL clients with extra updates to our forecasts as the impact of the Covid-19 outbreak becomes clear.
Precautions put in place to combat coronavirus and hand shaking is being discouraged
Although domestic demand for skid-steer loaders is low, India has developed into an important regional hub for production of this type of equipment.
Outbreak has prevented construction from restarting in many parts of the country following the Spring Festival Holiday
Off-Highway Research has announced its programme of special reports for 2020, which will provide in-depth analysis by geography, product group and end markets.