The Global Construction Equipment Industry Outlook, released by AlixPartners, says that the construction equipment (CE) manufacturers around the globe will see significant growth over the next few years, as massive infrastructure projects will be required to satisfy the population growth and expansion of the middle class in emerging markets. This will cause the industry overall to expand sales at a compounded annual growth rate (CAGR) of 6.3 per cent into 2015 - driven by demand in China, North America and India.

Demand in China remains the single largest factor affecting the global industry, as 60 per cent of all global construction equipment sales are in China - led largely by Chinese original equipment manufacturers (OEMs).