Global construction equipment sales are expected to increase 16% this year, according to the updated Global Volume & Value Service from Off-Highway Research. Worldwide sales are expected to exceed 810,000 units in 2017, with a value of more than US$80 billion.
Most major regional equipment markets are expected to see growth this year, but the key driver will be China. The North American market is expected to climb 8% to over 170,000 units.