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Tag: equipment sales forecast
Dealers
Worldwide equipment sales forecast up 7% for 2017; North America to grow by 6%
Off-Highway Research is forecasting construction equipment sales worldwide will grow 7 percent in 2017. The firm expects total machine unit sales will reach 695,142 this year, compared to 650,133 in 2016. “Sales of construction equipment last year were affected by weak economic growth worldwide and low global prices for many commodities,” says David Phillips, managing […]
March 7, 2017
Dealers
Led by loader segment, global construction equipment market forecast to hit $289B by 2022
Market research and consulting firm Allied Market Research forecasts the global construction equipment market will create $288.8 billion by 2022, and will have a compound annual growth rate of 9.2 percent from 2016 to 2022. The findings are from the company’s recent “World Construction Equipment Market —Opportunities and Forecasts, 2014-2022” report. Allied has made a […]
November 17, 2016
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