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Global management consultancy will provide detailed insights in the conference session on supply chain issues, among other initiatives, including an accompanying White Paper.
Global construction equipment sales grew +10 per cent last year. High demand and long lead times mean a similar volume of equipment is forecast to be sold in 2022.
Niamh Marriot, deputy editor of International Cranes and Specialized Transport interviews Chris Sleight, Managing Director of Off-Highway Research on some of the findings from the new study on the world's largest crane fleets.
New database service will provide information on sales of different types of equipment to broad customer groups, such as contractors, rental companies and extraction industries. The service will initially focus on Europe.
A new study carried out in partnership between Off-Highway Research and International Cranes and Specialized Transport (ICST) magazine sheds new light on the development, size and composition of the world’s largest mobile crane fleets.
Global construction equipment sales are expected to hit a record high of 1.13 million units, with a value of almost US$110 billion this year, according to updated forecasts from specialist consultant Off-Highway Research.
The Chinese, Indian & International Database Services and Global Volume & Value Service have been updated with revised forecasts for 2021-2025.
Chris Sleight, managing director of Off-Highway Research, speaks to International Construction editor Andy Brown the state of the global markets. The video comes ahead of an extensive feature in the June 2021 edition of the magazine giving an outlook for global machine sales.
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.
Prior to the Covid-19 pandemic, the cyclical construction equipment market was expected to fall in 2020 and beyond. However, huge stimulus in China caused global sales to remain at 2019's high last year, and a new record may be achieved in 2021.
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