In addition to monthly Market Reports in our Chinese, European and Indian Services, several Company Profiles and Equipment Analyses have been updated.
Sustained investment in the road network has driven three years of strong growth in road building equipment sales and production, with more forecast for the future.
Demand for wheeled loaders in China grew from 70,400 units in 2017 to 92,600 machines last year, a 32 per cent increase. This was in line with the Chinese equipment market’s overall growth in 2018.
Off-Highway Research forecasts continued high in global construction equipment sales
Our latest Market Reports and Equipment Analyses are now available to download. This month's new titles include the Annual Reviews from our Chinese, European and Indian Services, as well as our Global Briefing, which is available to all clients. Read the story to see else is new in April.
First Off-Highway Research report on a market in Africa for 20 years coming this September.
Our Global Construction Equipment Markets study now includes actual sales data from 2018 and a forecast to 2023. This report is free to all clients at no extra cost to their existing subscriptions. Non-clients can request a copy by completing an online form.
The market exceeded 1.1 million units last year, with a retail value in excess of US$110 billion.
Off-Highway Research has released the spring 2019 update to its Global Volume & Value Service, and Global Volume & Value Service PLUS, which provide data on the size of equipment markets by country and product in both unit (volume) and US Dollar (value terms).
A second year of robust growth has re-established China as the largest construction equipment market in the world.