Global Equipment Sales Forecast to Rise 16% in 2017

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.

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