Global demand for construction machinery is projected to increase 5.3 percent annually through 2013. The developing Asia market, including India, China, Indonesia and South Korea, will see the most rapid growth. Mixers, pavers and related equipment will be the fastest growing product segment.
This study analyzes the $108 billion world construction machinery industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (e.g., cranes, excavators and draglines; loaders; off-highway trucks and tractors; mixers and pavers; graders and rollers), world region and for 23 major countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 39 industry players, including Caterpillar, Komatsu and Volvo.