PROJECTS MONITOR :: DEMAND FOR ROAD CONSTRUCTION EQUIPMENT WILL.
The global market for Construction and Mining Machinery/Equipment is forecast to reach 822 thousand units by the year 2015. Global demand for construction machinery is forecast to climb six percent per year to $130 billion in 2011. •Gas discoveries are likely to lead to an increase in pipeline networks, spurring demand for construction equipment. The demand for new machinery in Russia rises with the recovery of construction industry. Global demand to rise 4.9% annually through 2009. These price increases did, however, lead to increased demand for this construction, farm, and mining machinery. Two staples for any construction project are wheel loaders and excavators. As might be expected, both types of equipment are in strong demand in China this year. The booming construction sector has led to rising demand for heavy machinery and equipment in Africa. The 2007-2012 World Outlook for Construction Machinery WHAT IS LATENT DEMAND AND THE P.I.E.? The concept of latent demand is rather subtle.
GLOBAL CONSTRUCTION AND MINING MACHINERY/EQUIPMENT MARKET TO REACH.
The U.S. construction machinery market is the largest in the world. Global construction machinery demand will rise six percent annually through 2011 based on healthy construction spending. ILDAR SAGDEJEV Global demand along with stimulus funding has helped to support prices for used construction equipment in Ontario. We are an eminent manufacturer and exporter of high quality construction machinery. In 2012 Volvo will expand its markets in the United States, Russia, China and India. It will be good news at next week’s annual meeting of Volvo Group. Construction equipment operators drive, maneuver, or control the heavy machinery used to construct roads, bridges, buildings, and other structures. Slowdowns in demand for light construction equipment are likely later this year, according to research released last week by Citigroup and UBS Investment Research. World demand for construction machinery is projected to expand 6.5 percent annually through 2015. Use of telehandlers has been expanding so rapidly that the equipment industry is cranking out product innovations to attract buyers. World's Demand for Construction Equipment Rising Fast.
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