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Sales grew last year in spite of Covid and a further improvement is being seen in 2021
Regional report provides a European industry overview for the first time
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.
High construction activity and incentives to buy machines are huge positives, but supply issues may be a barrier.
Sales of ride-on compaction equipment in France will stay subdued this year, before bouncing back in 2022, according to a new equipment analysis in the European Service.
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.
Actual sales and production data for 2020 in Europe, North America and Japan is now available, and includes a new equipment type.
The European construction equipment market was one of the worst affected by the Covid pandemic in 2020 and there will be only modest growth this year. However, the volume of equipment sold in Europe remains at a healthy level.
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