Global construction machinery demand will rise six percent annually through 2011 based on healthy construction spending. China, India, Mexico and Russia will see some of the fastest gains. Mixers and pavers will be the strongest segment, driven by ongoing infrastructure development in industrializing regions.
This study analyzes the $97.7 billion world construction machinery industry. It presents historical demand data for the years 1996, 2001 and 2006, and forecasts for 2011 and 2016 by product (e.g., cranes, draglines and excavators; loaders; off-highway trucks and tractors; graders, rollers and related equipment); world region (e.g., North America, Western Europe, Asia/Pacific); and for 33 national markets.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 36 major players including Caterpillar, Komatsu, Volvo, Hitachi, Liebherr-International, Deere, and Terex.