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The robust equipment demand seen in 2017 and 2018 is forecast to be maintained, despite saturation point being reached in many equipment types.
Sales of construction equipment in Portugal grew for a fifth consecutive year last year, and agricultural tractor sales are also on the rise. However, it remains the smallest equipment market in Western Europe.
We have launched a brand new report which provides a quick and easily digestible overview of the state of equipment markets worldwide.
Demand for construction machines in Norway has never been higher and Off-Highway Research’s new Country Analysis forecasts continued buoyancy.
Off-Highway Research’s 128-page Country Analysis looks in detail at equipment sales, production, distribution and population.
The current buoyancy in the worldwide market for wheeled loaders is expected to be sustained over the coming years. While unit sales will decline slightly, the worth of the sector will continue to climb, thanks to growth in high value markets.
Off-Highway Research has completed the mid-year updates of its Chinese, Indian and International Database Services, and Global Volume & Value/Global Volume & Value PLUS Services.
Worldwide construction equipment sales are expected to increase 12 per cent this year, following on from the 27 per cent rise seen in 2017. This will take total sales to almost 1 million units in 2018.
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