A seismic shift

There has been a formidable shift in the sales trends of construction equipment globally, a trend that is expected to continue in the near future. The US, which went from 28 per cent in 2006 to 12 per cent in 2011, is expected to recover three percentage points by 2016, reaching the 15 per cent of world demand. The analysis of emerging countries reveals a steady growth of the Indian market share (from 3 per cent in 2006 to 5 per cent in 2011, to the forecast 8 per cent in 2016) and a substantial