Massive growth in construction around the globe combined with some of the biggest building projects ever mean construction machinery sales are forecast to top $145bn this year.
But who are the world leaders and who are the also rans? Which country dominates machinery sales and can it hold on to its huge lead?
Take a look at the Top 10 manufacturers (in reverse order)
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Figures based on construction equipment sales in 2014.
China’s market is expected to increase from $33bn in 2010 to just under $44bn in 2015. Lift truck sales to customers in China are projected to reach 290,000 units in 2015. Globally, the construction equipment market is expected to rise from $109bn in 2008 to $145.3bn in 2015.
Despite predicted growth, emission regulations, trade restrictions, and emerging market competitor pressures are strong challengers to growth in the construction equipment market.
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