The order intake in the construction equipment industry allows manufacturers with production sites in Germany to look forward to 2022 with peace of mind. When companies will be able to achieve turnover, on the other hand, is an open question, as materials continue to be in short supply and supply chain problems are delaying the production of construction equipment. The statistics clearly show a gap between incoming orders and turnover.
Economic stimulus programmes boost the USA and Europe
The USA, Europe and China remain the most important market regions and together account for 75 % of the global market. Construction equipment sales in 2021 increased by 30 % in the US and 28 % in Europe compared to the same period last year. China weakened with a 7 % decline. Globally, sales rose 18 % overall, 32 % excluding China. Nevertheless, the country remains the largest single market. The US market is promising for the next few years. Thanks to extensive economic stimulus programmes, golden times could dawn for the construction sector in the United States. In Europe, too, the economic stimulus programmes launched in the pandemic will have a supporting effect in the next 2 to 3 years. In China the development is uncertain, the risk of a real estate crisis is still present there.
In Germany, sales of construction equipment rose by almost 10 % last year, and demand from the customer industries remains high in the current year. This boom will even be able to defy the shortage of skilled workers and material bottlenecks.
Return to personal meetings at trade fairs
At the top of the agenda for construction equipment manufacturers are the tasks of reducing CO2 and advancing digitalisation. These are also key topics at the leading trade fairs for the construction equipment and building materials plant sector this year. ceramitec in June, glasstec in September and bauma in October will showcase trend-setting developments. "We are all looking forward to our presence trade fairs. At last, we can again show on a large scale what technical progress we have already worked out so that we can achieve the climate policy goals," emphasises Franz-Josef Paus, Chairman of the VDMA Construction.