According to MarketResearchReports.com, the world construction and mining machinery industry will grow 9.3% annually from 2014 through 2018. That’s magnificent news for all of us in the construction industry, and the need for more machinery and construction heavy equipment will underscore the need for high quality heavy equipment operator training. Top-of-the-line training for operators and/or internal company trainers (train-the-trainer) is exactly what we provide here at North American Heavy Equipment Training Services (NAHETS).
The recently-released report offers statistics and projections for several different areas of the construction and mining industry including information on the biggest companies on a global stage, countries experiencing large annual growth, countries with the largest overall markets and much more. The report will assist company executives chart their company’s future and help to determine areas for potential new business.
Using historical data from 2007 through 2013, the report also intricately details the global demand of heavy equipment machinery. Excavators, shovel loaders, and mechanical shovels account for 22.9% of the global demand while the remaining market share is divided between off-highway dumpers (7%), mineral, stone and ore screening, sorting, separating, washing, grinding, crushing, kneading and mixing machinery (6.4%), bulldozers and angledozers (2.9%), self-propelled graders and levellers (2%), rock/coal cutters and tunneling machinery (1.9%), self-propelled road rollers and tamping machines (19.%), track-laying tractors (crawlers) (1%), mortar and concrete mixers (0.9%), pile-extractors and pile-drivers (0.4%), scrapers (0.3%), mine elevators and conveyors (0.2%) and other construction and mining machinery (15.4%). Parts for existing construction and mining machinery account for 36.9% of the demand.
Click HERE to view more information about the report or to get the entire report.
Australia, Canada, China, Japan, and the United States represent the largest construction and mining machinery markets while the strongest annual growth is forecast to occur in Greece (20.6%), Latvia (20.3%), Portugal (19.1%), Ireland (17.5%), and Turkey (15.9%).
Among the many heavy equipment and machinery types analyzed in the report are: 360-degree excavators and shovels, front end shovel loaders, crawler bulldozers and angledozers, wheeled bulldozers and angledozers, graders and levellers (self-propelled), scrapers, road rollers and tamping machines (self-propelled), and other compacting and tamping machinery.
Market Research Reports, Inc. is the world’s leading source for market research reports and market data. The company provides the latest market research reports on global markets, key industries, leading companies, new products, and industry analysis & trends. The construction and machinery market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, and future outlook for construction and mining machinery in the world.
We hope you are a major part of the continued growth of our industry. When your company is in need of heavy equipment training for operators and/or internal trainers, remember that NAHETS provides industry-proven training solutions both on and off your jobsite.
Here’s to a bright future.
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