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CE sector secures jobs in a difficult environment
Globally, sales of construction machinery fell by three per cent in 2020, but the Chinese market grew by 30 per cent, so the global market excluding China actually slowed by 17 per cent.
CE sector secures jobs in a difficult environment
Last year, the industry turnover of construction machinery from German production was 10.5 billion euros. This corresponds to a minus of 17 per cent compared to the high level in 2019.
Cautiously Optimistic
The members of VDMA Construction Equipment are looking at the future with confidence. Industry representatives expect a slight decline in sales of 3-5 per cent this year at an overall stable level.
New technologies to reduce emission
Proper use of construction machinery plays an important role in reducing greenhouse gas in construction industry.
Construction Equipment still on a roll
The total industry sales for the German construction equipment and building material machinery in 2011 are higher than expected.