Forecast 2023: Hard or soft landing for construction equipment sales?
10 October 2022
Another good year for global construction equipment sales in 2021, but there will be a more pronounced downturn in 2023 and 2024
The following forecast was originally published in the September 2022 issue of Diesel Progress.
Last year saw an all-time record set in the global construction equipment market, with more than 1.28 million machines sold, according to Off-Highway Research. Those machines had a retail value of $127 billion…
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