CONSTRUCTION SUPPLY AND DEMAND -- WEBCAST.
The booming construction sector has led to rising demand for heavy machinery and equipment in Africa. Global construction machinery demand will rise six percent annually through 2011 based on healthy construction spending. Construction Supply and Demand -- Webcast. Construction Industry is one of the most booming industries in the whole world. Global demand for construction machinery is forecast to climb six percent per year to $130 billion in 2011. If ever the construction industry was seeking to balance supply and demand, now is the time. Two staples for any construction project are wheel loaders and excavators. As might be expected, both types of equipment are in strong demand in China this year. Ports, airports and railways to drive construction equipment demand (1/2) •Investment in major and minor ports was expected to be about US$ 18 billion in 2008. The U.S. construction machinery market is the largest in the world.
GLOBAL CONSTRUCTION AND MINING MACHINERY/EQUIPMENT MARKET TO REACH.
As the U.S. population grows, so does the demand for residential and commercial property. In the wake of the collapse, construction projects for new housing, roads, and offices slowed dramatically, dragging down demand for construction machinery. Based on the anticipated 2013 price increases, Lincoln Electric cautions against longer delivery times later in the year. Global demand to rise 4.9% annually through 2009. 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. 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's Demand for Construction Equipment Rising Fast. Construction equipment operators drive, maneuver, or control the heavy machinery used to construct roads, bridges, buildings, and other structures. The Indian construction equipment sec-tor expects demand to exceed 10,000 units this year. Of these, 4,500 units com-prise excavators.
WORLD HEAVY CONSTRUCTION EQUIPMENT BY FREEDONIA GROUP INC IN.
These price increases did, however, lead to increased demand for this construction, farm, and mining machinery. The demand for new machinery in Russia rises with the recovery of construction industry. The global market for Construction and Mining Machinery/Equipment is forecast to reach 822 thousand units by the year 2015.
URL: http://www.construction-int.com