News

Construction revival needed to lift South African industry

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.


Special Report on Malaysia now available

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.


Market comment for the FT

Off-Highway Research’s Chris Sleight was quoted in the Financial Times on the outlook for the global equipment market in light of comments which accompanied JCB’s financial results statement.

Read the article here


Updated global briefing for all clients

A new edition of our bi-annual Global Construction Equipment Markets study is now available, featuring updated forecasts. The report is available to ALL Off-Highway Research clients, while non-clients can request a copy by completing an online form.


New reports in September

Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports, Equipment Analyses and Company Profiles.


Expressways and emissions drive Chinese grader demand

The surge in major road building projects and new engine emission laws in China over the last three years have lifted demand for motor graders to its highest since 2010/11.


Record sales of cranes in India

Demand for mobile lifting equipment in India, which is dominated by locally built pick & carry cranes, came close to 12,000 units in 2018.


Global Volume & Value Service updated

Off-Highway Research has released the summer 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).


Chinese excavator market passes its peak

After remarkable growth in 2017 and 2018, sales of excavators are set to decline in China this year. However, volumes will still remain good and the country continues to emerge as a major exporter of this type of equipment.


New highs for Indian excavator industry

Sales of crawler excavators in India more than doubled between 2015 and 2018, making it the third largest excavator market in the world after China and the US. This robust growth is set to continue, and it could overtake the US in 3-4 years.


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