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The Philippines (September 2019)
A surge in demand from the mining segment, particularly coal mining, has been responsible for significant equipment sales in South Africa over the last two years. However, the construction industry has been weak and increased investment is badly needed to stimulate machine sales.
The Malaysian equipment market has grown over the last three years. It is showing increasing signs of sophistication and maturity, with an increasing proportion of new equipment being sold and the importance of used machine trading diminishing.
Construction equipment sales in The Philippines are expected to remain strong thanks to sustained investment in infrastructure. The current good health of the market is in stark contrast to the situation just three years ago, when the market was less than half its current size
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.