Global machine sales expected to rise

A report by Off-Highway Research suggests that worldwide construction machine sales could increase 16% this year. On a global basis, sales of construction machines are expected to exceed 810,000 units in 2017, with a value of more than US$80 billion. The report says that most major territories will see growth during 2017. However China’s resurgence will be crucial, as crawler excavator sales in the country have more than doubled in the first half of 2017, compared to the same period last year.
September 13, 2017 Read time: 2 mins
A report by Off-Highway Research suggests that worldwide construction machine sales could increase 16% this year. On a global basis, sales of construction machines are expected to exceed 810,000 units in 2017, with a value of more than US$80 billion.


The report says that most major territories will see growth during 2017. However China’s resurgence will be crucial, as crawler excavator sales in the country have more than doubled in the first half of 2017, compared to the same period last year.

The Indian market remains strong, with 10% sales growth forecast for this year. India saw26% growth during 2016. The continued improvement will see total machine sales to India beat the previous record high of 54,065 units in 2011.

In Europe, sales of construction equipment in are expected to grow 2% this year to almost 145,000 units. This follows an 11% growth in 2016, which was driven by booming demand from Germany.

The North American market is expected to climb 8% to over 170,000 units. This would take it back to levels seen in 2014 and 2015, before market growth was disrupted by last year’s presidential election.

Similarly, in Japan, a 4% increase in equipment sales is expected, following a slump in demand last year.

Over the longer term, Off-Highway Research expects global construction equipment sales to rise to close to 900,000 units by 2021, with a value of more than US$90 billion in today’s terms.

Finance & Funding

Related Content

  • Volvo CE achieve best ever Q1 sales
    April 27, 2012
    Volvo CE has reported record first quarter year sales. Sales between January 1 and March 31, 2012 were up 17% on the same three months of 2011. Despite a 26% decline in the overall construction machine sales market in China during the first quarter of this year, Volvo CE says it maintained sales in the country and reinforced what the company claims is its number one position in the Chinese wheel loader and excavator market together with its joint-venture partner, SDLG. Volvo CE says it achieved a 111% incre
    Read More
  • Cummins positive about 2021 growth after resilient trading in 2020
    February 5, 2021
    Major off-highway diesel engine maker Cummins expects good growth in key regional market sales in 2021 after reporting resilient trading in COVID-19-hit 2020.
    Read More
  • Intermat show looks strong
    May 9, 2012
    Forward bookings for the upcoming Intermat construction equipment exhibition in French capital Paris are extremely bullish. The organisers say that the show already has a 90% occupancy rate for its exhibition space, a full eight months before the 2012 event, which runs from 16h April to 21st April. The Intermat 2012 event will feature 375,000m2 of exhibition area, including a 20,000m2 outdoor demonstration area. In all 1,500 exhibitors have booked, 67% of whom are international and there will be four nation
    Read More
  • Deutz announces results for 2015
    March 17, 2016
    German engine manufacturer Deutz has today announced its financial results for 2015. New orders amounted to €1.2259 billion, down by 11.1% on the prior-year figure of €1.379 billion. In the service business, new orders were up by 7.2% however, although other segments reported a decrease in new orders compared with 2014.
    Read More

Highlighted Content