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Further drop expected before growth returns from 2026 onward.

Almost every construction equipment market in the world fell last year, but India was a notable exception.

While underlying reasons vary, global regions are facing a readjustment in machine sale volumes.

It was a year of two halves for construction equipment in 2023, with manufacturers working hard to fulfil backlogs generated in 2022, followed by a dip in orders in most markets in the latter part of the year.

Updates on construction equipment sales in Europe, North America and Asia