After two years of sharply falling sales the Chinese excavator market is expected to bottom out this year before growing again in 2025. However, it will be a gradual return to growth, which could have implications for the structure and function of the market.
Sales of compaction equipment in India could reach a 10-year high by the end of the decade thanks to continued investment in road building. However, there are short term obstacles to negotiate.
Our report on the construction equipment industry in Indonesia will be published in September. Heightened mining activity has taken the market to record levels over the last two years, while the need for infrastructure should support demand in the years to come.
Four speakers will offer a deep dive into the outlook for the global equipment market at the 2024 Off-Highway Conference, which is being held from 1st-2nd October as part of the Power Progress Summit in Chicago.
Sales have not returned to their pre-pandemic peak due to the impact on demand for smaller cranes in the housebuilding segment
New insights into the market for electric construction equipment now available.
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Clients can now access a comprehensive range of Equipment Analyses and Company Profiles alongside our Annual Reviews and monthly Market Reports.
An in-depth report on the construction Industry in Peru will be published in our South American portfolio in June. It will also be available to buy as a stand-alone Special Report.
This year’s Off-Highway Conference will be held in Chicago from 1st-2nd October as part of the Power Progress Summit. Off-Highway Research clients can receive a discount on tickets for the event.