Construction Briefing magazine recently explored equipment industry trends being reported by various industry groups and found the signals to be very mixed. Overall, the recent market update from the Committee for European Construction Equipment (CECE) shows a slightly positive trend toward recovery.
However, despite the recent Bauma show, which typically produces a temporary ‘bounce’ in equipment sales, many sectors remained flat. Moreover, where growth did occur it often was measured against very negative results in the prior two years. Both regional and market differences were noted as well as the impact of U.S. tariffs on export markets.
On the positive side, an expected decline in publicly funded projects is expected to be offset by increased consumer spending, particularly in residential housing. That spending will be in response to lower inflation and a growth in real wages for consumers.
-
Operator comfort and technology meet in the cab
Operator comfort and safety have emerged as major selling points for earthmoving equipment.
Read more -
Annual access confidence survey sees challenges and opportunities
Tariffs and increased competition in maturing markets are a challenge.
Read more -
Data-driven management for more profitable farming
Technologies and devices used in modern farming can generate vast amounts of data.
Read more -
Trust, not technology, will be the key to future success
Customers remain sceptical of the real world value technology can deliver.
Read more -
Diesel generator sets will continue to backstop the grid
Global power grids face a dual dilemma while transitioning to renewable generation technologies.
Read more -
Senior management board changes at Boels
COO Reiant Mulder will be succeeded by Lars Reehorst.
Read more -
Chinese lift market extraordinary growth over
Reporting says a slowing economy saw sales decline by 21 percent in 2024.
Learn More -
Social media influencers can help OEMs
An influencer can link OEMs with the people who will use the equipment.
Read more
