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.
The market will rise this year, but with a slowdown coming in roadbuilding, other sectors will rise in importance over the medium term.
India’s on-going investment in its stock of highways is forecast to drive growth in asphalt finisher sales over the next three years.
International Construction’s free OEM Opportunities webinar on 3rd June will feature Zeng Guang’an, Chairman of LiuGong Group and Pekka Vauramo, President and CEO of Metso Outotec Corporation.
Off-Highway Research has launched its LinkedIn page, which will be kept up to date with market news and announcements.
Subscribers to Off-Highway Research’s Chinese, European and Indian Services can now download our latest Market Reports, Equipment Analyses and Company Profiles.
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.
The Chinese, Indian, International and Global Volume & Value Services have been published with actual figures for 2020, and forecasts for 2021-2025.
Actual sales and production data for 2020 in Europe, North America and Japan is now available, and includes a new equipment type.