All Market & forecasts Articles
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Data from Eurostat shows the decline in European construction output accelerated in the first quarter of the year.
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The first three months of the year saw the Italian earth moving equipment market fall -47,8% to 3106 units.
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The UK equipment rental market will decline by 12% over the 2009-2010 period following an 8% fall in 2008, with a flat 2011 and limited recovery in 2012-13, according to the latest market study by AMA Research, the UK research body.
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Rental rates in North America fell by 8% or more in the first quarter of the year and could decline by even more in the second quarter, according to rental consultant Dan Kaplan. He warned that the beginnings of a damaging rates war was now evident in North America.
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Both of IPAF’s newly published reports in the powered access rental markets in Europe and the United States are now available to buy from KHL Group’s website, www.KHL.com
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Demand for asphalt in China is expected to rise +5% annually through 2012 to 16.8 million tonnes.
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Alexandre Saubot presented Haulotte’s first quarter figures at Intermat today (22 April). Despite a 61% drop in turnover from last year Haulotte is going ahead with the launch of a number of new products and, said Mr Saubot, continuing with investment in research and development.
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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.
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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.
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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.
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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.
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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).
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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.
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But IHS Global Insight sees growth in infrastructure sector and Asian markets.
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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.
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Forecasts revised downwards as developed world recession hits trade and exports.
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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...
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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.
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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.
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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.