Construction equipment manufacturers around the globe will see significant growth over the next few years, as massive infrastructure projects will be required to satisfy population growth and expansion of the middle class in emerging markets. This will cause the industry overall to expand sales at a compounded annual growth rate (CAGR) of 6.3% into 2015 -- driven by demand in China, North America and India. That's according to the AlixPartners Global Construction Equipment Industry Outlook, released today by AlixPartners, the global business-advisory firm.
Global Growth, Higher Emissions Standards Spur Demand for Construction Equipment Makers, Study Shows
Construction equipment manufacturers around the globe will see significant growth over the next few years, as massive infrastructure projects will be required to satisfy population growth and expansion of the middle class in emerging markets.
July 11, 2012
