Construction industry in China
Output value of foreign invested construction enterprises in China 2011-2021. Output value of construction companies backed by foreign investors in China from 2011 to 2021 (in billion yuan ...
Malaysia Construction Equipment Market to Reach 21,894
The construction equipment market in Malaysia is estimated to grow at a CAGR of 4.95% by 2028. In 2020, the construction industry was adversely impacted as major infrastructure projects were ...
Digging out: Forecasting for construction OEMs in the next normal
Construction capex includes investments in new builds and projects, as well as repair and maintenance work in the construction sector, both of which drive demand for construction equipment. This metric is closely correlated with GDP growth, which has been increasing in the key CE markets of Europe and the United States over the past six …
8 factors influencing the price of used heavy equipment
When demand is high in one industry or part of the world, it's often low elsewhere. Tapping into those regions or industries of high supply or demand can be a smart move. 3. Manufacturer. There are lots of equipment manufacturers out there, but a few dominate the market. Many people will only buy one or two particular makes of …
Construction equipment industry in the U.S.
World's largest construction machinery manufacturers by sales 2022. Largest construction machinery manufacturers globally in 2022, based on …
United States Used Construction Equipment Market
The U.S. used construction equipment market is expected to grow at a CAGR of 1.97% during 2022-2028. The used construction equipment market in the US …
Electric Construction Equipment Market: Industry Analysis and …
Electric Construction Equipment Market size was valued at US$ 152.19 Bn. in 2022 and the total revenue is expected to grow at 6.8% of CAGR through 2023 to 2029, reaching nearly US$ 241.20 Bn. Electric Construction Equipment Market Overview: The construction sector benefits greatly from electric construction equipment, which emits …
Thailand Construction Equipment Market | Size, Share | Analysis …
The Thailand construction equipment market was valued at 13,997 units by 2022 and is expected to reach 20,536 units by 2029, growing at a CAGR of 5.63%. The Thai government was optimistic for 2022 and introduced several infrastructure development projects, such as the development of Eastern Economic Corridors; the construction of roads and ...
India Construction Equipment Market Report 2022-2028:
India construction equipment market is is expected to grow at a CAGR of 8.9% during 2022-2028. The report considers the present scenario of the Indian construction equipment market and market ...
earnings show sales up 20% on strong demand
Sales of the company's bulldozers, excavators and other construction equipment rose by 19% to $6.85 billion for the quarter, with sales rising 34% in North America, the company's largest ...
Addressing the US construction labor shortage | McKinsey
In a November 2021 McKinsey survey, for example, executives cited a labor shortage of 80–83 percent in distribution roles, compared with a shortage of 50–64 percent in contracting. Indeed, of the estimated 345,000 jobs created in that year of peak demand, only 46 percent will come from contractor roles within the construction industry ...
Used equipment demand strong, supply chain issues contributing
Current auction -- and retail -- prices are reflecting strong demand, says Ritchie Bros. Ritchie Bros. Supply chain constrictions, industry demand for certain types of equipment and a construction ...
Expect equipment and material volatility into 2023
Updated Oct 14, 2022. Getty Images. Weakening demand has improved some construction equipment and material prices over the last quarter, but volatility is likely to continue into 2023, according ...
Construction Demand Lifts Revenue as Order Backlog …
Strong construction activity in the U.S. drove demand for Inc., though the equipment maker said it faced higher costs and a bulging order backlog. said Friday that it ...
Demand forecasting application with regression and artificial
Keywords Construction machinery sector · Demand forecasting · Support vector regression · Articial neural networks · ... Because, inability to supply spare parts of construction machinery purchased at high prices or rented at high prices on a daily, weekly or monthly basis will result in both high costs and waste of time. For these …
India Construction Equipment Industry
The Indian Construction Equipment (CE) Industry witnessed an 8% de-growth in Financial Year 2021-22 ... Demand from large road construction companies has been stable and there has also been entry of new rental players, which has pulled up demand for crushing & screening equipment in particular. ... FY 2021-22 was about managing challenges on ...
Kenya construction machinery and equipment market
According to Kenya's 2016 economic survey report, during the period of 2015-2025, the Kenyan construction industry is expected to grow at an average annual rate of 7.3%, which lays a positive tone for the prosperity of Kenya's construction machinery and equipment market. According to the Kenya Vision 2030 plan, Kenya will …
Construction Machinery Market Insights | 2024-2031
[Construction Machinery Market 2024-2031 Research Report] The "Construction Machinery Market" Insights of 2024-2030 is an extensive and comprehensive report that provides a complete analysis of ...
What led to the machinery shortage of 2021 and what to expect …
Used Iron Shortage. Used machinery, particularly late-model and large equipment, will continue to be in short supply and demand high prices during 2022. "I don't see this situation changing much until more machinery comes in on trade," says Tim Meyer of Steffes Group.
Construction Equipment Market Size, Share
The global construction equipment market size was valued at $195.8 billion in 2021, and is projected to reach $313.9 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031. Construction equipment are …
Operations Priority No. 1 in Machinery: Sustainable and Resilient
By Frank Lesmeister, Amit Nagar, and Flavio Monteleone. May 02, 2022. 11 min read. Report. Operations Priority No. 1 in Machinery: Sustainable and Resilient Supply Chains. At a Glance. Supply chain executives are shifting investment priorities to reduce disruption and improve sustainability. Digital tools can help manage supply chain risks ...
Global Steel Market Overview 2023
Cooling of construction market to be compensated for by recovering machinery demand Machinery demand grew after the COVID-19 pandemic, as industrial activities picked up.
2023 1Q Cost Report: Demand for Heavy Equipment Remains …
Nearly 140,000 attendees flocked to Las Vegas last month for the triennial CONEXPO-CON/AGG equipment trade show, and a strong demand for fresh iron was often met with the harsh realities of the ...
Construction's supply chain outlook: more shortages, …
"When looking ahead into 2023, we are forecasting escalation year-on-year of 7%, with a return to the long-term average of 2.7% in 2024," said Hardman.
Saudi Arabia Construction Equipment Market | 2023-29 | Size, …
The Saudi Arabia construction equipment market size was valued at 33,551 units by 2022 and is expected to reach 48,717 units by 2029, growing at a CAGR of 5.47% during the forecast period. In 2021, the Saudi Arabian government launched National Infrastructure Fund for infrastructure development for the decade.
United States Used Construction Equipment Market
Supply Chain Disruption of New Equipment During Pandemic Continues to Drive the Demand for Used Construction Equipment Market in the U.S. COVID-19 positively impacted the demand for used ...
Construction Machinery Market Size, & Industry Forecast 2030
200+ published and upcoming reports per year. Consulting every year we do around 10 full fledge business plans (consulting projects) for our clients. Construction Machinery …
Market Update: Supply Chain Breakdown Of U.S. Used Construction Equipment
A graphical representation of Used U.S. Medium Construction Equipment Data in October The Symbiosis: Supply, Demand, and Industry Dynamics. The fluctuation in supply and demand is a delicate interplay between market forces and economic factors. A surplus in inventory might lead to competitive pricing strategies, benefiting buyers.
China Construction Machinery Industry Report 2021-2025
In 2020, China's construction machinery exports to major export target countries fell by about 8.6% YOY. Exports to countries along the "Belt and Road" were US$8.973 billion, accounting for 42.8% ...
Construction Machinery Market Size, Share, Growth 2024-2032
The global construction machinery market is projected to grow at a CAGR of 4.1% during the forecast period of 2024-2032. Rapid urbanisation and rising investment in building …