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.
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports, Equipment Analyses and Company Profiles.
Construction in China now relies almost entirely on on-highway trucks for hauling applications, making off-road dump trucks purely mining machines.
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.
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.
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.
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.
Demand may be more volatile than other equipment types, but our detailed analysis shows a number of clear market trends.
The last five years have seen something of a swing from crawler to wheeled excavators in France in certain weight classes. A brand new report from Off-highway research tracks this trend and its drivers.
Our new equipment analysis looks at demand and production in the largest wheeled loader market in the world and discusses pressure on the segment – from the growing popularity of excavators, competition from ‘economical’ machines and the forthcoming China IV emissions laws.