All Market & forecasts Articles
The International Powered Access Federation (IPAF) said that new research into the European access rental market revealed that some of Europe’s biggest access markets still have considerable room to grow.
The value of construction in Romania increased by +34% nominally (+26% in real terms), to RON 83 billion (€ 22.5 billion) according to the latest report by research and consulting company PMR.
Speedy Hire said it is preparing for a challenging market for the next two to three years, with the possibility that the worst of the UK recession was still to come.
International Construction editor Chris Sleight discusses the results of the 2009 Yellow Table - our unique survey of the world's 50 largest construciotn equipment manufacturers.
Australia's construction industry continued its decline in March, according to the latest Australian Industry Group - Housing Industry Association (HIA) Australian Performance of Construction Index (Australian PCI).
America's current infrastructure offers a dim reflection of the past. The recently passed stimulus bill is expected to provide a short-term boost to the construction industry, and will address several infrastructure needs. Exclusively for American Cranes & Transport, John Eckbert and Michael Rosendahl report that ultimately, a comprehensive approach to expand the much needed investment in infrastructure is vital to preserving this asset while ensuring future growth and global competitiveness.
But IHS Global Insight sees growth in infrastructure sector and Asian markets.
The construction market in Bulgaria will slow during 2009 as the effects of reduced foreign capital investment, limitations on mortgage lending, the global economic slowdown and a weaker economic climate among construction companies take hold.
Forecasts revised downwards as developed world recession hits trade and exports.
The Manitowoc Company in the US has announced that "current trends in the end markets for its businesses, particularly for the Crane segment, are driving financial performance that is significantly softer than projected when the company announced its full-year 2009 guidance in January." As a result the company said it is withdrawing...
European construction equipment sales are expected to fall-26% this year according to Off-Highway Research. Coming on top of the –25% drop seen in 2008, this would take the market to its lowest for a decade.
Latin America is regularly quoted as one of the large growth markets for access equipment. The market has grown noticeably over the last six years encouraged by, public finances being increasingly well organised and the decreasing public debt.
A new report from Off-Highway Research says construction equipment sales in five major regions of the world will fall a total of -15% this year.
Downgraded forecast adds to pressure for more stimulus spending.
NES Rentals Holdings, one of the largest aerial equipment rental providers in the US, has announced that its 12-month Net Promoter Score average is at an all-time high of 72 and expected to get higher in 2009.
The Middle East is still a hive of activity but the region is starting to feel the affects of the global economic slump. Euan Youdale reports
The US market for "green" building material is expected to rise +7.2% annually to over US$ 80 billion in 2013, according to the latest report by market research company the Freedonia Group.
Cement production and consumption is set to contract in Russia and the Commonwealth of Independent States (CIS) during 2009 as the impact of the global financial crisis is felt in the region
Incoming orders for German-built construction equipment and building materials machinery fell more than -30% in the final quarter of last year.
Construction growth in the Western Balkans is expected to slow to +6% in 2009, down from +12% last year according to the latest report from PMR market research.