Despite supply chain issues and the negative impact of inflation, the pipeline of infrastructure work in India means a record number of crawler excavators should be sold next year.
Our updated-outlook for 2022 is for a -38 per cent fall in sales, from the highs of 2020 and 2021.
Two language options now available for our new study on this US$1 billion per year equipment market.
The introduction of Stage IV laws has seen a new generation of machines launched which fall outside the engine powerband affected by the legislation.
Equipment sales last year were worth almost US$1 billion
Please take part in our survey on supply chain issues and receive a free copy of the forthcoming White Paper, which is being jointly written by Off-Highway Research and Roland Berger.
The last three years saw a peak in sales, but volumes should remain relatively high and China looks likely to continue to be the largest paver market in the world.
Sales in 2021 were the best for more than a decade and buyer preference is shifting away from relatively small machines.
The new edition of ConstructionWorX Digital, the magazine from the UK's Construction Equipment Association (CEA), includes an article from Off-Highway Research on the outlook for global markets. Read it online here: https://lnkd.in/emicuRyV
Off-Highway Research's managing director, Chris Sleight, will give a presentation at the Spanish Trade association's General Assembly in Zaragoza on 28th June.