China is the major contributor to the global construction equipment market and accounts for about 41.2% of the overall global sales of construction equipment. The construction equipment market in China in 2012 is estimated at USD 59.2 billion and is expected to reach USD 95.6 billion in 2017 at CAGR of 10.1% from 2012 to 2017.
The construction equipment and machinery industry has been hit by slow economic growth following the global financial crisis, which took a particular toll on global construction activity. Worldwide demand for construction equipment and machinery suffered a huge falling off after the 2008 economic downturn.
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Since then, China has come to have one of the fastest growing construction equipment markets in the world due to the rapidly expanding Infrastructure industry in the country which is a huge reason contributing to the market's projected CAGR of 24.23 percent for the 2012-2016 period.
The growing construction industry, especially in developing economies, along with the numerous cost benefits, such as reduced maintenance costs of the construction equipment, are driving the .
Focuses on the key Construction and Mining Equipment manufacturers, to study the capacity, production, value, market share and development plans in future. Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
China's market for construction equipment remains glutted with unsold inventory, analysts said in a conference call organized by J.P. Morgan Securities Wednesday.
A complete source for semiconductor equipment market information, including China and includes the SEMI Billings Report, the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report and the bi-annual SEMI Equipment Forecast. These reports help you understand market trends and benchmark current business activity.
China is the major contributor to the global construction equipment industry and accounts for above 40% share of the overall global sales of construction equipment. The construction equipment industry in China is expected to grow at a CAGR of 10.1% from 2012 to 2017.
Construction: Construction and mining equipment and related systems. This subsector includes self-propelled equipment, implements, accessories and components for use in construction, forestry, mining, and utilities. Off-road diesel engines and fluid power technology are also important components of off-road equipment.
China Domestic Production of Agricultural Equipment and Market Demand China's domestic agricultural equipment industry is characterized by a large number of mostly unspecialized manufacturers producing low technology machinery. According to the China Agricultural Machinery Distribution Association (CAMDA),
1 day ago · SHANGHAI— China's construction equipment industry is bracing for a decline in sales in 2019 after two years of rapid growth, as work slows on .
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The Asia Pacific region is estimated to dominate the OEM construction equipment market and is projected to remain the largest market for construction equipment in 2025. This growth can be attributed to the improving socioeconomic conditions in emerging economies such as China and India.
The global construction equipment market is forecast to grow to revenue of approximately US 117 billion by 2017, accelerated by the increase in building and non-building construction spending as well as new technological development by manufacturers.
Figures based on construction equipment sales in 2014. China's market is expected to increase from 33bn in 2010 to just under 44bn in 2015. Lift truck sales to customers in China are projected to reach 290,000 units in 2015. Globally, the construction equipment market is expected to rise from 109bn in 2008 to 145.3bn in 2015.
Construction Equipment Market - Global and China Forecast, Market Share, Size, Growth and Industry Analysis, 2011 - 2017 According to a new market report published by Transparency Market .
Through 2021, global demand for construction machinery will increase 9.6% annually to 250 billion. The Asia/Pacific region, led by China, will register double-digit demand gains after declining during the .
Pellette said industry-wide sales of 10-90tonne hydraulic excavators will reach the "23,000 range" in China this year. That compares with a total of more than 27,000 sold in March alone in 2011 and more than 112,000 for the whole of 2010, which was the peak year for the market.
and Doosan are among the construction equipment makers cooperating with auctioneers of secondhand equipment in China, in a bid to counter the effects of the sales slump, reports China Daily.. Growth in used heavy equipment has already outpaced that of the new machine market.
China will continue to be an important player in the global construction materials marketplace. BCC's goal in conducting this study was to determine the current status of China's construction materials and equipment industry and assess its growth potential over a 5-year period from 2006 to 2011.
Heavy Construction Equipment Industry Overview: The global heavy construction equipment market is expected to reach 193 billion by 2022 growing at a CAGR of 7.6% from 2016-2022.. Heavy construction equipment are vehicle used for construction tasks such as mining, lifting, material handling and excavation.
The 'Global and Chinese Building and Construction Light Equipment Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Building and Construction Light Equipment industry with a focus on the Chinese market.
- Size of Building Construction Equipment Market in China Based on Zeefer's China Market Size Formula, by the analysis on China building construction equipment market size, industry sales revenue and domestic building construction equipment output in 2008 - 2010, this report presents a picture of the real development of building construction .
Nov 29, 2018 · China's construction equipment industry is bracing for a decline in sales in 2019 after two years of rapid growth, as work slows on new projects and firms replace fewer old .
Increasing Demand in Asia-Pacific for Construction Machinery Market . The Asia-Pacific construction machinery market is projected to register a CAGR of 8.60% during the forecast period. Asia-Pacific ranks first in the construction equipment market with major market share held by China.
A new market report published by Transparency Market Research shows the global mining equipment market is expected to reach USD 117.0 billion by 2018 from .
2016 ITA Construction Equipment Top Markets Report | 1 2016 Top Markets Report Construction Equipment . Overview and Key Findings . Introduction industries (hereafter referred to collectively a. Construction machinery manufacturers and producers of related parts and equipment have provided a historically steady and reliable source of
Production executives such as Pu Mingju of Heavy Industry Co Ltd are a busy lot these days as China's construction machinery sector, which makes heavy equipment like concrete pumps .