Excavators and bulldozzers, 1million machines in 2020

One million large-scale machines will be sold in the world within two years. In Italy, construction equipment grew by 16% (data for 2017). 44 thousand cars in eastern Europe (+ 11%), half bought from Russia
Excavators and bulldozzers, 1million machines in 2020
02 May 12:54 2018 Print This Article

The auction is set at 1 million. So many will be the earthmoving machines bought in 2020 all over the world, with a head to head played more and more between North America and China. The excavator and bulldozer market got going again after the crisis years. After closing 2017 with the historical record of 825 thousand vehicles sold, an increase of 23% on the previous year, in the next three years the sector aims to consolidate the recovery, with a steady growth that from + 5.3% in 2018 will reach + 7.6% in 2020.

The forecasts come from the last report of the Samoter Observatory, the fair of the Verona Fair dedicated to construction machines, scheduled in 2020, from 21 to 25 March.

The data of the study were presented during the 4th edition of Samoter Day, an update and training event for operators and a step closer to the next Samoter.

Among the mature economies, North America also confirms its reference market in the future, with 9% more orders in 2020, supported by investment in buildings increasing by 2.5% per year on average. Thanks to an average growth in the demand for construction equipment of 5% between 2018 and 2020, Europe will return to pre-crisis levels in 2007, with a total of 205 thousand units. A slowdown expected for Japan, with a slowdown of up to + 1% of sales between 2019 and 2020.

The outlook for emerging areas is seeing a new acceleration in construction in Latin America, with a corresponding demand for construction machinery, which shows a + 17% between 2019 and 2020. For China, today according to the world market with 21% of the shares , a stabilization of around 180 thousand sales is forecast and an average growth rate of 2-3% that will bring the Asian giant to substantially equal the North American competitors. Central and Eastern Europe will touch its absolute record of 44 thousand machines in 2020 (+ 11%), half of which are bought by Russia. Good growth also assumed for India with 50 thousand units in 2020 (+ 12%).

To boost the recovery, the strengthening of the positive cycle of the construction sector: in 2017 world investments reached 6,912 billion euro, up by 3.1% on 2016. An expansive phase that will continue until 2020, at an average even more than 3 percent.

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Nicole Volpe
Nicole Volpe

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