P U B L I C I D A D E

ABRIR
FECHAR

P U B L I C I D A D E

ABRIR
FECHAR
Voltar

Turning point

Emphasizing the consolidation of electrification, the Congress of the European Committee for Construction Equipment sees positive perspectives for the global market until 2020

Carried out at the end of the year in Prague, Czech Republic, the CECE (Committee for European Construction Equipment) Congress established the perspectives for machine and equipment industry in a global context until 2020 and pointed the technologic trends which will guide the industry during the next years.

Using a strictly market and economic focus, the director of the Off-Highway Research, David Phillips, presented an analysis of the factors that currently are impacting the activity, causing deep transformations in the structure of the global industry of construction equipment. In his approach, the expert emphasized that market forecastscertainly result from unexpected changes in context and in geopolitical events, what makes the industry remain sensitive to oscillations around the world. “Such transformations are consequence of government transitions, economic crises, waves of refugees, instability of commodities and fickleness of oil industry”, said him. “But exchange fluctuations, recurrent inflation in many countries, the impact of Brexit and other singular factors also interfere, creating a complex scenario for the manufacturers.”

FORECASTS

In spite of that, the forecasts until 2020 show a sales increase in the main regions that buy heavy machines. Its best performance occurs in North America, with stabilization in the remaining continental markets.Generally, the global market enters in a new period of sales increase (in units), as explained by the expert. “After reaching the peak of more than one million units sold in a single year—2011, with average sales a little above 863,000 units between 2011 and 2015—global sales of the industry decreased continuously”, pointed Phillips. “From 2017 on, the trend is inverted, increasing the annual average to almost 727,000 units, but still not returning to the previous level of growth.”

In gross numbers, this means that—according to the forecasts of Off-Highway Research— the market will reach in 2020 the same annual level recorded in 2005. This corresponds to a clear cyclic behavior of reduction and recovering in intervals of a decade, not always with the same pace of recovering.

In Europe—strategic focus of the event—the forecast is of a small increase in the market, with an average of 132,322 units in the period between this year and 2020. The global highlight continues with Indiathat—according to the projections—is starting a five-year cycle of consistent growth. “India has to reach a market of 60,000 units till 2020, what will be a historic record of sales”, said Phillips, also talking about the average of 52,000 units that may be sold in that country between 2017 and 2020.