Construction Equipment Market in China to Grow 28.4% to 2015 Says New Report
The new report ‘Construction Equipment Market in China: 2011-2015’ forecasts that the construction equipment market in China to will grow 28.4% to 2015. One of the key factors contributing to this market growth is the need for faster infrastructure construction.
The Construction Equipment market in China has also been witnessing the emergence of lease-based construction equipment. However, the high cost of construction equipment could pose a challenge to the growth of this market.
According to the report, key vendors dominating this market space include Changsha Zoomlion Heavy Industry Science and Technology Development Co. Ltd, Guangxi Liugong Machinery Co. Ltd, Komatsu Shantui Construction Machinery Co. Ltd, and Sany Group Co. Ltd.
Read the report: Construction Equipment Market in China: 2011-2015
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