Among the wide range of machinery manufactured in the United States, construction machinery, engine equipment, industrial process controls, agricultural equipment, and turbines and turbine generator sets led U.S. exports in 2018. Major competitors in global machinery markets include China, Germany, Japan, and Italy.
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By 2020, the global construction equipment market is estimated to be sized at around 90 billion U.S. dollars. In 2019, the North American market was estimated to be the second biggest market for ...
. Sinomach serves as a bridge between China's machinery industry and the international market. It has not only introduced internationally advanced equipment and technology to China, but also been a major exporter of domestic equipment and technology.
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Sep 14, 2018· With a growing demand for fabricated metal products, ultimately fuelling the demand for machine tools, the sheet metal equipment market is witnessing steady growth, led by the the leading sheet metal equipment manufacturers.One of the major trends to watch for in this market is the increased adoption of 3D printing, which will have a significant impact on all levels of manufacturing …
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can be seen for the entire construction machinery industry, individual companies still were able to achieve considerable success. So, Chinese manufacturer XCMG took its place in the top ten. As a whole, total revenue of 50 largest world manufacturers of construction equipment continues to decline, which compared to last year amounted to 2.6%.
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Find industry analysis, statistics, trends, data and forecasts on Construction Machinery Manufacturing in the US from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy to read. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld.
Construction equipment outlook for 2015. Since the global economic downturn of 2008, the global construction equipment industry has been on a "rollercoaster ride," commented Chris Sleight, editor of International Construction, introducing the 2015 Yellow Table rankings." Stimulus spending and a boom in China fueled growth between 2009 and 2012.
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