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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.
A second year of robust growth has re-established China as the largest construction equipment market in the world.
More than 6,000 data points have been added or updated across our system, including final sales and production figures for 2018 and forecasts to 2023.
Huge interest in this high-growth segment will see Off-Highway Research update its bestselling report from two years ago.
Our forecasts were cited by Reuters in an article about prospects for equipment sales in China
We have launched a brand new report which provides a quick and easily digestible overview of the state of equipment markets worldwide.
Find us in Shanghai in Hall N1, on stand 131.
A saturated machine population and changes to subsidies are seeing unit sales decline, although there are opportunities in the higher power categories.