22/12/2015
Earthmoving and Construction machinery market to begin recovery in 2016
The Earthmoving and Construction machinery market can expect the recovery to start in 2016. Progressive resumption is forecast next year on a global scale, which will be consolidated in 2017, with total sales of 880,000 units, up by 33% compared to estimated results for 2015. There will be a favourable trend over the next two years for the sector in Italy, which following the vertical collapse of 2007 (-72%), seeks to close 2017 with 12400 units, up 44.8% over the performance in 2015. These forecasts for the sector were presented by Veronafiere through the new SaMoTer-Veronafiere Outlook event organized in collaboration with Prometeia, an international economic consulting and research firm. The initiative is one of the run-up events leading to the appointment with the 30th edition of SaMoTer (22-25 February 2017) - Veronafiere's triennial show dedicated to the construction equipment sector held in conjunction with Asphaltica, the bitumen and road infrastructure event organized together with Siteb (Italian Bitumen, Asphalt and Road-Building Association), and Transpotec Logitec, the road transport and logistics appointment by Fiera Milano. The Samoter-Veronafiere Outlook also analyses the trend in the construction sector. Forecasts for India – one of the most dynamic markets for residential construction and civil engineering alike – suggest it should close 2015 at +5.6% of investments, climbing further to +6.9% in 2016 and +7.4% in 2017.
Veronafiere Samoter SaMoTer Samoter di Sangiovanni Nicola & Co. Transpotec Logitec Veronafiere Suaeda asphaltica Suaeda asphaltica SITEB