Members of VDMA Construction Equipment visualize promising future

VDMA Construction Equipment
Once a year, the specialist group meets in January to discuss operational issues and projects for the current year. In economic terms, the industry is still at the record level of 2018, and its sales in 2019 will match the previous year's figure. The forecast of growth of 3 to 5% has not been met, and the cyclical downturn began early with road construction machinery. The decline of minus 12% in sales and minus 21% in new orders could not be offset by the slight increase in building construction and earthmoving machinery.

📅 Published on: 04 March 2020
📖 Published in: NBM&CW March 2020
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