The latest information from Germany’s equipment manufacturing association, the 1331 VDMA, suggests that the market looks healthy at present. VDMA figures show that the industry is showing moderate growth to continue in 2012.
German manufacturers of building and building material machines are again banking on turnover to increase in the current year. This will set a good ground for the688 Bauma exhibition taking place from 15 – 21 April 2013 in Munich. According to the organisers of the show, the signals for medium to long term growth in the industry are positive.
Worldwide construction activity has grown significantly in recent years and for the time being this trend will continue unchanged. Growth is being driven by the up-and-coming developing and threshold countries, headed by the BRIC states. Their success story of economic liberalisation and the associated building boom will continue, notwithstanding temporary effects such as measures to cool the Chinese economy. Average annual growth in the global building industry of more than four per cent between now and 2015 will ensure a sustained demand for plant and machinery. A trend is already apparent from registrations for the next bauma.
Georg Moller, Exhibition Group Director of Messe München International said, “Our interim assessment as the closing date for applications is reached is extremely positive. Feedbacks are exceeding our expectations. The demand for space is very high.” The speed of recovery is still patchy however. Growth in the various sectors of the equipment industry varies, as well as between different regions of the world. For example, the German building machine market is again at a very high level whereas, especially in southern Europe, the market remains weak. North America and Russia are improving, while North Africa is also returning to a growth path. Asia and Latin America remain the growth areas however. Strong growth is expected in the markets for earth-moving and road building machinery.
German manufacturers of building and building material machines are again banking on turnover to increase in the current year. This will set a good ground for the
Worldwide construction activity has grown significantly in recent years and for the time being this trend will continue unchanged. Growth is being driven by the up-and-coming developing and threshold countries, headed by the BRIC states. Their success story of economic liberalisation and the associated building boom will continue, notwithstanding temporary effects such as measures to cool the Chinese economy. Average annual growth in the global building industry of more than four per cent between now and 2015 will ensure a sustained demand for plant and machinery. A trend is already apparent from registrations for the next bauma.
Georg Moller, Exhibition Group Director of Messe München International said, “Our interim assessment as the closing date for applications is reached is extremely positive. Feedbacks are exceeding our expectations. The demand for space is very high.” The speed of recovery is still patchy however. Growth in the various sectors of the equipment industry varies, as well as between different regions of the world. For example, the German building machine market is again at a very high level whereas, especially in southern Europe, the market remains weak. North America and Russia are improving, while North Africa is also returning to a growth path. Asia and Latin America remain the growth areas however. Strong growth is expected in the markets for earth-moving and road building machinery.
