Construction Equipment Related Content

Caterpillar Global Construction Equipment Retail Sales Improve for February Period

Caterpillar reported global retail sales of construction industry machines for the three month rolling period ended February 2017 were up 2% compared to declines of 8% and 12% for the previous three month periods ended January 2017 and December 2016, respectively. read more

U.S. Construction Equipment Rental Market to Reach $23B by 2024

According to a new research report by Global Market Insights, the construction equipment rental market size is expected to reach $75.18 billion by 2024. In addition, U.S. construction equipment rental market size is set to exceed $23 billion by 2024. read more

Wells Fargo: Construction Industry Expects Increased Activity in 2017

According to a survey by Wells Fargo Equipment Finance, construction industry executives entered 2017 with increased optimism for nonresidential construction activity. read more

Cat, Komatsu, Hitachi Make Up 50% of Construction Equipment Market

According to Transparency Market Research, the landscape of the global construction equipment market is heavily consolidated, with Caterpillar, Komatsu and Hitachi accounting for roughly 50% of the market. read more

Glory Days for Contractors: Transference of Risk in the Construction Market

The construction market looks a lot different depending on your vantage. While conditions have been soft for manufacturers, dealers and rental companies, those on the supply side have seen sales increases. John Crum of Wells Fargo Equipment Finance’s Construction Group examines the trend of risk transference in the market and how it has resulted in optimal conditions for contractors.... read more

Deere Reports Lower Q4/FY Earnings on Farm Recession, Week C/E Markets

Deere & Company reported lower sales and earnings compared to the same year-ago periods. The company noted that its year/year performance was impacted by the global farm recession and week construction-equipment markets. read more

Global Construction Equipment Market to Reach $288.8B By 2022

According to a new report published by Allied Market Research, the world construction equipment market is expected to generate $288.8 billion by 2022, growing at a CAGR of 9.2% from 2016 to 2022.  read more

Industrial Machinery Market Expected to be Worth $771.5B by 2024

According to a new report from Global Market Insights, the industrial machinery market is expected to reach $771.59 billion by 2024. read more

Construction Equipment Market to Reach $230.5B By 2022

According to a report from Credence Research, the construction equipment market is expected to reach $230.5 billion by 2022. read more

Construction Equipment Rental Market to Reach $75.18B by 2024

The size of the construction equipment rental market is expected to reach $75.18 billion by 2024, according to a new research report by Global Market Insights. read more

AEM: U.S. Construction Equipment Exports Down 24% at Midyear

According to the Association of Equipment Manufacturers, exports of U.S.-made construction equipment were down 24% overall at midyear 2016 compared to the same period in 2015. read more

Global Construction Equipment Finance Market to Grow at 9.9% CAGR

According to new data from Research and Markets, the global construction equipment finance market to grow at a CAGR of 9.9% during the period 2016-2020. read more

Construction Equipment Rental Market to Reach $84.6B by 2022

According to a recent report from Research and Markets, the construction equipment rental market is expected to reach $84.6 billion by 2022. read more

Construction Employment Is Up in 243 Out of 358 Metro Areas

The Associated General Contractors of America reported that construction employment increased in 243 out of 358 metro areas, was unchanged in 43 and declined in 72 between January 2015 and January 2016. read more

Ritchie Sells $46MM+ of Equipment in Largest Denver Auction Ever

Ritchie Bros’ record breaking first Denver auction of the year sold over $46 million and set new records for number of sellers, items, bidders and total sales read more

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