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Driven mainly by the Asian markets, the global construction equipment industry has recovered considerably from 2009, to register revenues of USD 87 billion in 2012 as against USD 82 billion in 2011. The global demand for construction began to plummet in 2008 due to a worldwide economic meltdown. Moreover, with sales revenue declining 50 percent in the developed markets due to liquidity crunch and declining demand, the industry has set its sights on the developing countries. It plans to push sales revenue over USD 116 billion by 2017 by meeting the growing infrastructure demands of the developing countries.