CECE’s strong figures for construction machine sales

CECE at bauma presents latest figures and plans for next 5-years EU legislative term The European association of construction machinery manufacturers (CECE) states that 2018 was the strongest year for the construction equipment sector since the economic crisis. CECE’s figures show that sales on the European market grew by 11% and the absolute market levels are now only 10% below the 2007 peak. Enrico Prandini, CECE president, said: “The European construction equipment industry can continue its business in
April 15, 2019 Read time: 2 mins

3399 CECE at 688 bauma presents latest figures and plans for next 5-years EU legislative term

The European association of construction machinery manufacturers (CECE) states that 2018 was the strongest year for the construction equipment sector since the economic crisis. CECE’s figures show that sales on the European market grew by 11% and the absolute market levels are now only 10% below the 2007 peak.

Enrico Prandini, CECE president, said: “The European construction equipment industry can continue its business in a positive mood. The key for the future is market stability with a soft landing expected in 2019.”

“For a long time, CECE has been working to ensure that European politicians and policymakers create better conditions for the construction machinery industry” said Riccardo Viaggi, secretary general of CECE. The European construction equipment industry comprises 1,200 companies from highly specialised SMEs to large European and multinational companies, with revenues of around €40 billion and 300,000 employees.

Introducing the CECE Elections Manifesto, CECE called on the European Parliament, when appointing the European Commissioners for the new 2019-2024 legislature, to ensure that they include industry among their top 5 priorities. Putting industry at the centre of the political debate is key in order to deliver on the much-needed ambition of the EU to have a forward looking Industrial Policy Strategy. European policies around the European Single Market, environmental sustainability, digitalisation and international trade are the major points of interest for the construction sector.

Finance & Funding

For more information on companies in this article

Related Content

  • Belt & Road: IRF to lead the Green & Sustainable Transport Committee
    September 4, 2019
    IRF (Geneva) was pleased to support again this year the World Transport Convention (WTC) organised by China Highway & Transportation Society (CHTS) – an esteemed member of IRF - in Beijing on 13th-16th June 2019. WTC offered the background for hosting the plenary session of The Belt & Road Transport Alliance (BRITA) during which IRF has signed agreement to lead the Green & Sustainable Development Committee. The World Transport Convention (WTC) - at its third successful edition this year - is becoming
    Read More
  • Slow down for road safety says FIA
    September 19, 2018
    Driving too fast is a leading cause of road fatalities, according to the Fédération Internationale de l’Automobile (FIA) Region I. Data from the FIA says that an estimated 40%-50% of people drive over the speed limit while a 5% reduction in average speed could result in a 30% decrease in number of fatal crashes. FIA Region I and its members in Europe, the Middle East and Africa are launching a campaign ‘Slowing Down Saves Lives’ and are urging drivers to respect speed limits. In support of the campaign, FI
    Read More
  • Machine autonomy for compactors and dozers being developed by Trimble
    December 10, 2018
    Trimble is working on innovative technologies that could revolutionise the construction and aggregates production sectors. Perhaps the most eye-catching of all of these is for the autonomous compactor and dozer system Trimble is in the process of developing. Scott Crozier is general manager of Trimble’s general construction division. He said that while this autonomous machine technology is not yet ready for the market, “It may not be as far away as expected.”
    Read More
  • Freedonia Group study: Global construction machinery sales to US$189bn by 2017
    August 5, 2013
    Global demand for construction machinery is expected to rise 6% a year to $189 billion in 2017, according to a new study by US-based industry market research firm The Freedonia Group. The expansion will be fuelled primarily by growth in the Asia/Pacific region, particularly China, where the market will climb at a double-digit annual rate as construction spending, especially on infrastructure projects, continues to increase.
    Read More

Highlighted Content