Excavators remain the number one piece of construction machinery sold around the world. In 2018, more than 450,000 units were sold globally – with this year expected to break a total sales figure of over 400,000 units – according to figures by specialist research company, Off-Highway Research.
The European wheeled loader market is relatively buoyant, according to specialist market research and forecasting company Off-Highway Research, with sales of machines over 60kW currently running at just above 10,000 units per year in Western Europe – the best demand has been since the global financial crisis a decade ago.
This puts the value of the market at some US$2.15 billion (€1.9 billion).
Within Europe, the major markets are largely what one would expect – Germany accounts for some 25% of demand and, together with France, Italy and the UK, these big four represent about 60% of regional sales. Continue reading “Wheeled loaders: A healthy load”
JCB has announced an investment of more than £50 million ($65.7 million) in a new UK plant, set to double production of cabs used on its machines
Work is under way on a 350,000 sq ft facility for JCB Cab Systems adjacent to the A50 in Uttoxeter, Staffordshire, next to two existing JCB plants. The hi-tech factory will have the capacity to produce around 100,000 cabs a year. It will include a computer controlled production line, Continue reading “Major new UK plant for JCB”
Almost one out of every four construction machines sold in Western Europe last year was a mini excavator, according to market intelligence and forecasting company Off-Highway Research, making them by far the most popular type of construction equipment in the region in unit terms. Continue reading “Mini excavators: a mini romance”
The market for wheeled loaders in 15 of the largest western European countries came to a shade under 20,000 machines last year, according to specialist consultant and forecasting company Off-Highway Research.
JCB has begun production of its new range of site dumpers, after announcing last year it would manufacture its own.
The company previously had a third-party agreement with Terex, which it began in 2015. However, following Mecalac’s takeover of Terex’s Coventry location – where Terex produced the site dumpers – JCB is now producing its own models.