Construction equipment sector expects market growth
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Construction equipment sector expects market growth Construction Equipment Industry Forecasts a Growth Trend. The direct correlation between increasing economic activities and the prospects of the machinery industry evokes in us a confidence in the industry right on the heels of anticipated economic growth worldwide. Recovery, though gradual, from the 2008 global crisis has raised demand
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Construction Equipment Market gaining Momentum The current construction machinery industry is good, not great, and is layered with exceptions. Construction Equipment Distribution, the magazine published by the Associated Equipment Distributors (AED), had a cover story entitled “The Do-It-Yourself Recovery.” The point of the article was that everyone has given up looking for the U.S. government
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Heavy Mobile Equipment Market to Improve The heavy mobile equipment industry is expected to show steady improvement in 2014, according to a report from Great American Group Inc. The report notes that the expansion of domestic oil and gas operations and commercial construction rebounds helped the industry thrive in 2013. “The various sectors of
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Hyundai Heavy Industries Group Sends Aid to Philippines Typhoon Victims Hyundai Heavy Industries Group, Hyundai Construction Equipment’s parent company, recently made a donation of $200,000 via the Korean Red Cross in the wake of Typhoon Haiyan, which caused catastrophic damage to the Philippines. The company also dispatched a 21-ton class excavator, a backhoe loader and experienced
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INFRA ENGINEERS INDIA PVT LTD – PIONEERS IN USED CONSTRUCTION EQUIPMENTS Re-engineer – Re-construct – Re-invent. This has been the maxim upon which Infra Engineers India has evolved since its consulting Era to the establishment as a Global, construction equipment solutions provider in 2010. The journey since has been one of accomplishments. First company in
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THE DEMAND FOR USED CONSTRUCTION EQUIPMENT & HEAVY MACHINERY IN THE AFRICAN MARKET The face of the African construction industry is changing; more projects on the continent are getting bigger and more complex, currently the annual growth in the demand for heavy construction equipment has remained steady at 4.5% since the second half of the
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South Africa’s economy grows by 4.1% South Africa’s gross domestic product (GDP) increased by 4.1% in the fourth quarter of 2014, Statistics South Africa (Stats SA) announced on Tuesday. “Real gross domestic product at market prices increased by 4.1% quarter-on-quarter, seasonally adjusted and annualised,” Stats SA said. This growth was more than what markets had
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Construction equipment sector expects market growth A majority of construction equipment manufacturers in Europe expect their sales to increase this year by 3 to 10% compared to 2014, bouncing back from slightly more pessimistic expectations in the previous quarter. This according to the regular survey of manufacturer sentiment, held by CECE. Machine manufacturers in
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