Industry News

  CECE releases Annual Economic Report 2017 Europe among the top growth regions in 2016 Slight upward tendency forecast for 2017 The European construction equipment sector saw sound growth of 10% in 2016. Building construction equipment experienced better demand than the civil engineering equipment sub-sectors. Overall, the market is at …

Industry Supports 1.3 Million Jobs Across United States LAS VEGAS, Nev. March 9, 2017 – A new report released this week found that the equipment manufacturing industry supported about 1.3 million jobs and contributed over $159 billion to the Gross Domestic Product (GDP) of the United States in 2016. The …

Cooperation with the Brazilian Sobratema Association Successful network expansion in the bauma cluster Klaus Dittrich: Brazil is by far the most important market in South America Messe München is further expanding its international expertise in the construction machinery sector and getting involved for the first time in Brazil: As part …

Global sales of construction equipment are expected to increase 7 percent this year, according to updated forecasts from specialist market intelligence company Off-Highway Research. The number of machines sold in 2017 is expected to reach 695,142 units worldwide, compared to the 650,133 pieces of equipment sold in 2016, which represented …

Industry anticipates similar growth in 2017 Open markets and an integrated Europe are crucial for the industry’s economic performance Frankfurt, February 28, 2017 – In 2016, German manufacturers of construction equipment achieved a turnover of 9.3 billion euros which is an increase of 3 percent compared to 2015. Within the same …

The construction industry has been among the major drivers of the country’s economic growth over the past ten years. Between 2006 and 2015, the country’s construction output surged in real terms by 16.3% on average every year, and by 17.8% in the last three years. Strong growth in the construction …

Dubai, United Arab Emirates; 14 December 2016 – The GCC projects market is expected to record at best $120bn worth of contract awards in 2016, down at least a third on 2015 levels and well below what was initially forecast, as low oil prices severely impact government expenditure, according to …

Faithful+Gould & Saudi Council of Engineers hold third Professional Development Event in Riyadh on Project Management Riyadh, Saudi Arabia – December 6th, 2016 – Faithful+Gould, the leading integrated project & programme management consultancy in association with the prominent Saudi Council of Engineers held the third professional development seminar today at …

5 Tips from New AEM Fuel-Quality Infographic to Protect Tier 4 Engines MILWAUKEE (December 12, 2016) Fuel quality is critical to keep Tier 4 engines running smoothly, and the Association of Equipment Manufacturers (AEM) has released a downloadable infographic to help equipment owners and users keep their machines up and …

Market Update and Analysis MILWAUKEE (November 30, 2016) – Exports of U.S.-made construction equipment fell 25 percent overall for the first three quarters of 2016 compared to 2015 January – September, for a total $8.2 billion shipped to global markets. All world regions were in decline from single-digit drops for …