Recovery within the Russian construction industry is fueling the demand for new machinery. Last year’s rise in output and a wealth of planned projects are among key factors luring construction machinery producers into Russia, where they are working hard to replace outmoded equipment and supply the new machinery needed for the future.
Specific details are provided in a newly released report from PMR. Construction machinery market in Russia 2012 Development forecasts for 2012-2014 studies the market in terms of specific types of equipment, presenting data on domestic production and imports while reporting on trends and developments in technology. This insightful document also offers profiles of the market’s major players and discusses their plans to increase productivity to the levels required by the consistently rising demand. It examines Russian construction and assesses the financial situations of top companies and levels of investment trending within the industry.
“Last year, the Russian construction market finally recovered from the recent downturn. The total volume of construction output increased by 5% and much more robust figures are expected in the near future considering massive infrastructure development plans going forward, especially in road construction. The construction equipment used by builders is mostly obsolete and needs to be replaced for construction companies to be able to manage the large volumes of incoming work. This is driving the demand for new machinery to pre-crisis levels and above.”
In order to locate and capitalize on new construction sector opportunities as they arise, you need direct access to the latest news, sharpest analysis, most reliable statistics and knowledgeable forecasting available. Read Construction machinery market in Russia 2012, Development forecasts for 2012-2014 today, and refer to this new report from PMR on a regular basis as you monitor market expansion and contemplate new business strategies.
The report offers an overview of the macroeconomic circumstances in Russia, and analyses its influence on the current movement among companies to produce additional equipment to meet the demands of the future. It provides extensive analysis of the Russian construction market and highlights regions of accelerated growth across the country, while listing major producers and describing trends in their recent and planned activity.
The report features profiles of the main foreign and domestic market participants, including their financial rankings and level of investment in machinery designated for use in the Russian construction market. It covers companies currently involved as well as those planning to enter the market or expand activities soon, and analyses imported equipment by brand, revealing the top import and domestic brands used by construction companies in current and planned projects.
It includes an evaluation of the usability of the current stock of Russian construction equipment, and estimates the overall value of this market and the possibilities for expansion. Data is categorized by type and reveals the amount of current stock that is imported.
While preparing Construction machinery market in Russia 2012 , PMR’s expert analysts have thoroughly researched all salient aspects of the market, consulted their most reliable sources and answered the questions of readers with regard to both the current status and future progression of this dynamic market sector.
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