Forecast suggests machine sales will grow in 2016

According to a report from Italian equipment exhibition firm SaMoTer, sales of earth moving machinery market can expect to recover in 2016. This improvement will be seen globally, with sales for 2017 expected to be 17% higher than for 2015. There will also be an increase in machine sales in Italy over the next two years. This will be a major improvement for the business, which has struggled since the market collapse of 2007 when sales dropped by 72%. Earthmoving machine sales for Italy in 2017 could be arou
December 11, 2015 Read time: 1 min
According to a report from Italian equipment exhibition firm 323 SaMoTer, sales of earth moving machinery market can expect to recover in 2016. This improvement will be seen globally, with sales for 2017 expected to be 17% higher than for 2015. There will also be an increase in machine sales in Italy over the next two years. This will be a major improvement for the business, which has struggled since the market collapse of 2007 when sales dropped by 72%. Earthmoving machine sales for Italy in 2017 could be around 12400 units, up 44.8% from sales in 2015.

These forecasts for the sector were presented by Veronafiere through the new SaMoTer-Veronafiere Outlook event organised in collaboration with Prometeia, an international economic consulting and research firm.
Finance & Funding

For more information on companies in this article

Related Content

  • Sales gain for Italian manufacturers
    February 22, 2016
    An upswing is being seen in construction machine sales in Italy, according to the latest official figures. The data from the Samoter-Prometeia Observatory reveal increases in key markets. Gains have been seen in Europe (+7.7%), Central and Eastern Europe and Turkey (+3.7%), North America (+23.1%), Central and South America (+6.3%), Middle East (+26.3%), Asia (+28.7%), Australia (+23.5%) and Africa (+2.5%). However the figures also show another sharp fall in Russia (-62.8%).
    Read More
  • Samoter aims to galvanise Italian construction machine sales
    September 20, 2013
    The forthcoming 29th edition of Samoter, the Italy-based International Triennial earthmoving and building machinery exhibition, represents the perfect opportunity for Italian construction machine manufacturers to showcase their expertise to leading national and international industry figures. The keenly awaited show taking place alongside Alsphaltica in Verona from 8-11 May 2014 could provide a huge boost to the tough domestic Italian construction machine sales market while, also, boosting vital export l
    Read More
  • Italian machine sales slump
    October 15, 2020
    Italian construction and site vehicle machinery sales forecast to be down by at least 8.7% in the second half of 2020, after a 20% reduction in the first half of the year.
    Read More
  • Global sales of earth moving machinery surge 23% in 2018
    April 23, 2019
    Global sales of earth moving machinery in 2018 accelerated sharply – up 23% on 2017 to top out at 1 million units. The record result in 2018 was driven by a combination of several factors. One of these factors is investments in construction on a global scale in excess of €7,150 billion, as highlighted by data analysed by Prometeia for SaMoTer Outlook 2019, the sector observatory presented today at Veronafiere during the 5th edition of SaMoTer Day. The event is one of the stages in the run up to the 31st
    Read More

Highlighted Content