Global Construction Equipment & Machinery Industry
Global construction machinery demand is expected to grow
At a yearly rate of 6.5% through 2015 to reach a value in excess of $170 billion, according to Freedonia. EU and North America equipment sales are forecast to rise after an unprofitable period between 2008 and 2010. Growth in other regions such as Asia-Pacific and Africa-Mideast is expected to slow through 2015 in tandem with construction and mining activity.
Key Market Segments
Worldwide production of construction and mining machinery and equipment is expected to reach over 820,000 units by 2015, according to Global Industry Analysts. Emerging markets including Latin America and Asia-Pacific will lead demand with construction of commercial buildings, infrastructure, power plants and oil refineries. China’s machinery segment is lead by wheeled loaders, representing almost 65% of overall market share in 2010.
the rapid expansion globally of Construction Equipment & Machinery in 2014 become more popular in Thai and ASEAN Construction & Building industry mostly due to it is cost and efficiency
CONSTECH 2015 is Thailand International Biggest Construction Machinery, Equipment and Technology Exhibition .We ready to follow ASEAN step for Construction industry development force construction industry expansion to globally market booking your prime space now