The report titled "China Construction Machinery Industry Outlook to 2016 - Expected to Register Phenomenal Growth" focuses on various segments of the construction machinery industry in the China region, namely cranes machinery, road machinery, c..
The Construction Machinery Manufacturing industry is in the mature stage of its economic life cycle. The industry is characterized by a stable group of products, wholehearted market acceptance and increasing consolidation from larger players in the industry.
China will represent almost 40% of new construction machinery demand until 2015, and growth will also accelerate in Indonesia and Malaysia. India's construction equipment market growth will be driven by construction industry investment by public and private sectors.
The global construction machinery market is anticipated to reach a market value of USD 272.15 billion by 2023, by recording a CAGR of 7.98% over the forecast period, 2018-2023. The increasing focus on infrastructure and development of automation in the construction and manufacturing processes had a significant impact on the market growth.
The construction equipment rental market for the material handling equipment is anticipated to witness growth at CAGR of over 5% owing to the rising accessibility for lease machinery. Organizations are focusing on using technologically-advanced material handling machinery to …
China is the world's largest construction market and the United States is China's second largest source of imports for the construction industry, with a 13 percent import market share. U.S. exports to China are expected to continue to grow in all subsectors through 2017.
As one of the most cyclical sectors, synchronised economic growth will buoy activity in the machinery sector across all major regions. 2017 was the best year for the sector since 2011 on various accounts and the outlook remains positive: Business confidence in Europe stands at two year highs as does US industrial production.
Demand for construction machinery in China is expected to rise 6.2 percent annually to 387 billion yuan in 2015. Cranes and excavators -- the dominant segment -- will be the fastest growing type, along with mixers and related equipment. The Central-East region will remain the largest market, while the Northwest region will grow the fastest.This study analyzes the 287 billion yuan construction ...
Infrastructural development is driving the demand for construction machinery and related equipments. As a result, the global market for construction equipments displays strong growth potential and creates opportunities for new entrants and existing players in the market. ... The construction equipment industry in China is expected to grow at a ...
– Japan ($16.9bn): China's festered economic growth affected sales for construction equipment in one of 's biggest regional market. But a depreciating Yen helped boost exports to other regional markets.
China is the largest market for construction machinery in the world besides being the largest manufacturer of construction equipment globally. Rural construction activities, rapid urbanization, the Belt and Road Initiative and the growth in public-private partnerships drove up demand for construction equipment.
Aug 23, 2010· The Battle For China's Construction-Machinery Market. ... China is the largest construction site in the world. ... In terms of percentage growth, the construction machinery market has grown more ...
2016 Top Markets Report Construction Equipment . Overview and Key Findings . ... sustainable export growth. To achieve this goal, ITA ... • 333120 Construction Machinery Manufacturing: This industry is comprised of establishments primarily engaged in manufacturing
China is one of the largest manufacturing and consuming countries of building construction equipment. But over the five years to 2018, revenue has been decreasing at an annualized rate of 5.8%.Industry development has been volatile during the past five years.
In addition, the publication also includes the supply-side information regarding the construction machinery industry in China's market. Insights regarding future outlook of the Chinese construction machinery industry in terms of key trends and issues is also included.
Overview of Infrastructure and Construction Machinery Industry in ... per cent growth for the construction sector up from 7.8 per cent in the previous plan. ... the Indian construction industry to bring about an overall development in the infrastructure of the nation.
Residential building construction, which accounted for 31 percent of construction spending in China in 2014, will advance at a 7.5 percent annual pace in real terms through 2019. Rising personal income levels, population and growth, and population migration from rural to urban areas will drive advances.
North America was dominant in the global construction equipment market, with a value of USD 27.88 billion in 2017. The regional growth can be attributed to rising demand for steer skid loaders. North America is expected to account for over 75% market share for skid steer loaders.
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.
This report focuses on the global Construction Machinery Leasing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Construction Machinery Leasing development in United States, Europe and China.
Oil industry development has accelerated the growth of local economies and related industries, such as machinery manufacturing, iron and steel industries, transport and communications. In 1996, China's natural gas output surpassed 20 billion cu m, a figure that has increased steadily over the following years, reaching 41.49 billion cu m in 2004.
Rising prevalence of capacity augmentation in cement industry is forecast to catalyze the excavator market growth and thus fuel the industrial machinery market size over the timeframe. Risks involved in mining activities such as slope failures and rock falls is likely to hamper the industry growth.
India's construction machinery market remains on growth path ... after China worldwide. Looking at the World Economic League Table ... In the Indian construction machinery market, crawler excavators and backhoe loaders remain a mainstay. According to IBEF these two types