CE sales to remain high

2019-01-18

The latest Off-Highway Research report forecasts a stable global market for construction equipment (CE) in 2019, similar to 2018. The worldwide equipment demand grew by 27 per cent in 2017, after a lull period of 2012 to 2016. Further double-digit growth in 2018 took the global market to one million unit sales with a retail value of almost $100 billion (?87.7 billion). While the volume achieved in 2018 is expected to represent the peak of the current cycle, equipment sales in 2019 are forecast to remain close to last year?s levels, according to the forecast by Off-Highway Research.
Tags :
Construction equipment Off-Highway Research Sales

RECENT POSTS

CW-India 2026-06-27

Envision, Juniper commission India’s largest wind turbine

CW-India 2026-06-27

RR Kabel features in Hurun India 500 list

CW-India 2026-06-27

RHI Magnesita, Khemka to Build Odisha Recycling JV

CW-India 2026-06-27

Liebherr Expands Compact Excavator Range

CW-India 2026-06-27

thyssenkrupp and GlobalLogic Form AI Alliance

Popular Tags

Construction Equipment Reports Events Construction Equipment Reports Events

Folliow us

Related Stories

Equipment 2026-06-26

Puneet Ralhan Appointed Managing Director of Manitou Equipment India

Manitou Group has announced the appointment of Puneet Ralhan as the Managing Director of Manitou Equipment India (MEI). In his new role, he will ...

Read More
Equipment 2026-06-26

Dheeraj Panda wins CEO of the Year award at ET Now awards

Ammann India Private Limited announced that its Managing Director, Dheeraj Panda, has been honoured with the **CEO of the Year – Male, Construc...

Read More
Equipment 2026-06-25

Zoomlion Excavator Wins Innovation Award

Zoomlion Heavy Industry Science & Technology has been recognised for developing a 21-ton crawler hydraulic excavator engineered specifically ...

Read More

Reach out to us

Call Abin Antony
+91 8424 045 185 /
91-22-31033000

Schedule a Call Back