The market did not slow down during the Covid pandemic, and there are many positive long-term factors which will continue to drive growth.
Policy drivers and the availability of products are expected to drive a sharp increase in sales of medium-sized electric wheeled loaders in China. However, it will also remain the largest market for traditional diesel-powered loaders for the foreseeable future.
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Equipment sales have seen little impact form the Covid pandemic and its aftermath, and the outlook is for continued consistent demand.
There is no tradition of using backhoe loaders in China, and sales have never risen above a few hundred units per year. However, backhoe loader production is an order of magnitude greater.
A good climate for infrastructure investment and reforms in the mining sector auger well for dozer sales.
Information from Off-Highway Research's Customer Groups Database Service features in an article in International Rental News on the dominance of rental in India.
Our database of sales by year, buy equipment type, by customer group has now been extended from its original European coverage to include India and China.
A discount is available to delegates who wish to book for both the Off-Highway Conference and Diesel Progress Summit, which will run back-to-back in Chicago this September
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