INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS CLICK TO VIEW

Table of Contents 2

List of Tables & Charts 3

Study Overview 4

Sample Text, Table & Chart 5

Sample Profile, Table & Forecast 6

Order Form & Corporate Use License 7

About Freedonia,

photo: Manitowoc Company Custom Research, Related Studies, 8

Construction Machinery in China

Industry Study with Forecasts for 2015 & 2020

Study #2855 | May 2012 | $5400 | 256 pages

The Freedonia Group 767 Beta Drive www.freedoniagroup.com Cleveland, OH • 44143-2326 • USA Toll Free US Tel: 800.927.5900 or +1 440.684.9600 Fax: +1 440.646.0484 E-mail: [email protected] Study #2855 May 2012 Construction Machinery in China $5400 256 Pages Industry Study with Forecasts for 2015 & 2020

Table of Contents Bulldozers & Off-Highway Trucks...... 97 Marketing & Distribution...... 180 Bulldozers...... 99 Acquisitions & Divestitures...... 182 Off-Highway Trucks...... 101 Cooperative Agreements...... 184 Executive Summary Parts & Attachments...... 103 Foreign Participation in the Chinese Market.... 189 Legal & Regulatory Issues...... 189 Market EnvironmenT Joint Ventures...... 191 MARKETS Wholly Owned Foreign Enterprises...... 193 General ...... 4 General ...... 106 Representative Offices...... 195 Economic Overview...... 5 Residential Building Market...... 109 Recent Economic Performance...... 5 Demand by Application...... 109 Economic Outlook...... 7 New Construction...... 110 Company Profiles Demographic Overview...... 11 Improvements & Repairs...... 112 ...... 197 Population Trends...... 11 Demand by Structure...... 113 Anhui Xingma Automobile...... 198 Urbanization...... 14 Demand by Product...... 115 Caterpillar Incorporated...... 199 Households...... 15 Nonresidential Building Market...... 117 China Communications Construction...... 204 Labor Force & Employment Trends...... 16 Demand by Application...... 118 China National Machinery...... 205 Personal Income Trends...... 18 New Construction...... 119 Deere & Company...... 210 Banking System & Regulations...... 21 Improvements & Repairs...... 120 DHI DCW Group...... 212 Currency Exchange Rates...... 26 Demand by Structure...... 121 Doosan Infracore...... 214 Industrialization & Manufacturing Trends...... 29 Demand by Product...... 123 Foton Lovol International Heavy Industries.... 216 Construction Expenditures...... 31 Nonbuilding Market...... 126 Groupe Fayat...... 218 Residential Building...... 34 Demand by Application...... 126 Guangxi Liugong Machinery...... 219 New Housing...... 37 New Construction...... 128 Hitachi Limited...... 221 Improvements & Repairs...... 39 Improvements & Repairs...... 129 Hyundai Heavy Industries...... 223 Housing Stock & Living Space...... 40 Demand by Structure...... 130 Inner Mongolia North Hauler Joint Stock...... 225 Nonresidential Building...... 44 Demand by Product...... 133 JCB Limited...... 227 New Nonresidential Building Construction 46 Kobe Steel...... 228 Improvements & Repairs...... 47 Komatsu Limited...... 231 Nonresidential Building Stock...... 48 REGIONAL TRENDS Liebherr-International AG...... 233 Nonbuilding...... 49 General ...... 136 Holdings...... 235 New Nonbuilding Construction...... 52 Regional Demographic & Economic Trends...... 138 Heavy Industry...... 237 Improvements & Repairs...... 54 Population Patterns...... 139 Shaanxi Construction Machinery...... 239 The Twelfth Five-Year Plan...... 54 Economic Outlook...... 141 Shantui Construction Machinery...... 240 Legislative & Regulatory Environment...... 56 Regional Construction Expenditures...... 142 Sichuan Changjiang Engineering Crane...... 242 Technological Trends...... 58 Regional Demand for Construction Machinery 143 Terex Corporation...... 244 Rental & Used Machinery...... 59 Central-North...... 146 Volvo AB...... 247 World Outlook...... 60 Overview...... 146 Xiamen XGMA Machinery...... 249 Demand...... 61 Construction Machinery Demand...... 148 Xuanhua Construction Machinery...... 250 Production...... 63 Northeast...... 151 Xuzhou Construction Machinery...... 251 Foreign Trade...... 65 Overview...... 151 Yuchai Machinery...... 253 Imports...... 67 Construction Machinery Demand...... 154 Heavy Industry Science Exports...... 69 Central-East...... 156 and Technology...... 254 Overview...... 156 PRODUCTS Construction Machinery Demand...... 158 Central-South...... 161 General ...... 72 Overview...... 161 & Cranes...... 75 List of Tables/Charts Construction Machinery Demand...... 162 Excavators...... 77 Southwest...... 164 Cranes...... 79 Overview...... 164 Executive Summary Loaders...... 81 Construction Machinery Demand...... 166 Front-End Loaders...... 83 1 Summary Table...... 3 Northwest...... 169 Backhoe Loaders...... 85 Overview...... 169 Mixers & Related Equipment...... 86 Construction Machinery Demand...... 170 Market EnvironmenT Mixers...... 88 Mixer Related Equipment...... 90 1 Gross Domestic Product of China...... 10 Rollers & Related Equipment...... 92 INDUSTRY STRUCTURE 2 Population of China by Age...... 13 Rollers...... 94 Cht Population of China by Age, 2000-2020....14 General ...... 173 Roller Related Equipment...... 96 Industry Composition...... 174 (continued on following page) Market Share...... 177

Click here to purchase online Page  Order now, click here! Study #2855 May 2012 Construction Machinery in China $5400 256 Pages Industry Study with Forecasts for 2015 & 2020

List of Tables/Charts 7 Backhoe Loader Supply Cht Nonresidential Building Construction & Demand in China...... 86 Machinery Demand in China (continued from previous page) 8 Mixer & Related Equipment by Product, 2010...... 125 Supply & Demand in China...... 88 12 Nonbuilding Construction Machinery 3 Households in China by Region...... 16 9 Mixer Supply & Demand in China...... 90 Demand in China by Application...... 128 4 Urban Labor Force & Employment 10 Mixer Related Equipment Supply 13 New Nonbuilding Construction Machinery in China, 2000-2010...... 18 & Demand in China...... 92 Demand in China...... 129 5 Personal Income & Expenditure 11 Roller & Related Equipment 14 Nonbuilding Improvement & Repair Patterns in China...... 21 Supply & Demand in China...... 94 Construction Machinery 6 Interest Rates in China, 2000-2010...... 25 12 Roller Supply & Demand in China...... 96 Demand in China...... 130 Cht Interest Rates in China, 2000-2010...... 26 13 Roller Related Equipment Supply 15 Nonbuilding Construction Machinery 7 Chinese Currency Exchange & Demand in China...... 97 Demand in China by Structure...... 133 Rates, 2000-2010...... 28 14 Bulldozer & Off-Highway Truck 16 Nonbuilding Construction Machinery Cht Chinese Currency Exchange Supply & Demand in China...... 99 Demand in China by Product...... 134 Rates, 2000-2010...... 29 15 Bulldozer Supply & Demand in China...... 101 Cht Nonbuilding Construction Machinery 8 Manufacturing Value Added in China...... 31 16 Off-Highway Truck Supply Demand in China by Product, 2010..... 135 9 Construction Expenditures in China & Demand in China...... 102 by Market & Application...... 33 17 Parts & Attachments Supply REGIONAL TRENDS Cht Construction Expenditures in & Demand in China...... 105 China by Market, 2010...... 34 1 Population of China by Region...... 140 10 Residential Building Construction MARKETS 2 Gross Domestic Product Expenditures in China...... 37 of China by Region...... 142 11 New Residential Housing 1 Construction Machinery Demand 3 Construction Expenditures Construction in China...... 39 in China by Market...... 108 in China by Region...... 143 12 Housing Stock & Living Space in China.....43 Cht Construction Machinery Demand in 4 Construction Machinery Demand 13 Nonresidential Building Construction China by Market, 2000-2020...... 108 in China by Region...... 145 Expenditures in China by 2 Residential Building Construction Cht Construction Machinery Demand Application & Building Type...... 46 Machinery Demand in China in China by Region, 2010...... 146 14 Nonresidential Building Stock in China.....49 by Application...... 110 Cht Central-North Region of China...... 148 15 Nonbuilding Construction Expenditures 3 New Residential Building Construction 5 Central-North Region of China: in China by Application & Structure...... 52 Machinery Demand in China...... 112 Construction Machinery Demand...... 151 Cht World Construction Machinery 4 Residential Improvement & Repair Cht Northeast Region of China...... 153 Demand by Region, 2010...... 63 Construction Machinery 6 Northeast Region of China: Construction Cht World Construction Machinery Demand in China...... 113 Machinery Demand...... 156 Shipments by Region, 2010...... 65 5 Residential Building Construction Cht Central-East Region of China...... 158 16 Construction Machinery Machinery Demand in China 7 Central-East Region of China: Foreign Trade in China...... 67 by Structure...... 115 Construction Machinery Demand...... 160 17 China Construction Machinery Imports 6 Residential Building Construction Cht Central-South Region of China...... 162 by Source, 2006-2010...... 68 Machinery Demand in China 8 Central-South Region of China: Cht China Construction Machinery by Product...... 116 Construction Machinery Demand...... 164 Imports by Source, 2010...... 69 Cht Residential Building Construction Cht Southwest Region of China...... 166 18 China Construction Machinery Exports Machinery Demand in China 9 Southwest Region of China: Construction by Destination, 2006-2010...... 70 by Product, 2010...... 117 Machinery Demand...... 168 Cht China Construction Machinery 7 Nonresidential Building Construction Cht Northwest Region of China...... 170 Exports by Destination, 2010...... 71 Machinery Demand in China 10 Northwest Region of China: Construction by Application...... 119 Machinery Demand...... 172 PRODUCTS 8 New Nonresidential Building Construction Machinery Demand in China...... 120 INDUSTRY STRUCTURE 1 Construction Machinery Supply 9 Nonresidential Improvement & Repair & Demand in China by Type...... 74 Construction Machinery 1 Revenue Data: Selected Construction Cht Construction Machinery Demand Demand in China...... 121 Machinery Companies, 2010...... 176 in China by Type, 2010...... 75 10 Nonresidential Building Construction Cht Construction Machinery Market Share 2 & Crane Supply Machinery Demand in China in China by Company, 2010...... 177 & Demand in China...... 77 by Structure...... 123 2 Selected Acquisitions & Divestitures...... 184 3 Excavator Supply & Demand in China...... 79 11 Nonresidential Building Construction 3 Selected Cooperative Agreements...... 186 4 Crane Supply & Demand in China...... 81 Machinery Demand in China 5 Loader Supply & Demand in China...... 83 by Product...... 125 6 Front-End Loader Supply & Demand in China...... 84

Click here to purchase online Page  Order now, click here! Study #2855 May 2012 Construction Machinery in China $5400 256 Pages Industry Study with Forecasts for 2015 & 2020

Construction machinery demand will benefit from the vast usage of cranes and excavators, the largest segment in the Chinese industry, in both building and nonbuilding construction.

Demand in China Construction Machinery Demand Cranes & Excavators to increase 6.2% per 60% annum through 2015 (387 billion yuan, 2015) Demand for construction machinery in China is expected to rise 6.2 percent per year to 387 billion yuan in 2015, sup- ported by continuing gains in construc- tion spending, especially in infrastructure development. Growth in construction activity will be driven by continuing industrialization and increasing personal Loaders and business income levels. However, 18% gains will decelerate from the torrid pace of the 2005-2010 period as a result of a Mixers & Related Equipment 8% moderating outlook for the economy in Rollers/Bulldozers/Off- China as a whole. This will impact total Highway Trucks 6% construction expenditures, which are ex- Construction Machinery Company Limited Yinqie photo: Shanghai Parts & Attachments 8% pected to grow at a slower pace through the forecast period, limiting stronger market gains for construction machinery. types of infrastructure projects that are Northwest to lead gains Excavators and cranes to intensive users of cement. Parts and attachments will see the fastest growth The size, growth, and composition of remain largest machinery due to favorable government policies construction machinery demand in the product segment under the Twelfth Five-Year Plan. six regions of China vary considerably due to regional differences in economic, Excavators and cranes are the largest This Plan aims to encourage domestic social, and cultural conditions. In all construction machinery product segment producers to upgrade their products and regions, gains will decelerate from 2000- due to their widespread use in both improve innovation in product develop- 2010 rates as a result of moderating building and nonbuilding construction. ment so as to maintain sustainable growth in the Chinese economy. Due to The better versatility and flexibility of growth. These technological improve- its large share of the nation’s population excavators will also ensure their wide- ments, coupled with pricing advantages and economic activity, the Central-East spread use in all types of construction due to relatively low production costs, will remain the largest regional market applications in China. Loaders, the will spur growth in shipments of all types for construction machinery. Although second largest product type, will see of construction machinery by Chinese small, the Northwest is expected to be healthy demand increases, benefiting firms. As a result of such improvements, the fastest growing regional market, from their functional versatility. Mixers China will erase its trade deficit in the primarily benefiting from the central and related equipment will be one of the industry and become a net exporter. government’s Great Western Develop- fastest growing product segments, ment program. benefiting from greater use in numerous Copyright 2012 The Freedonia Group, Inc.

Click here to purchase online Page  Order now, click here! Study #2855 May 2012 Construction Machinery in China $5400 256 Pages Industry Study with Forecasts for 2015 & 2020

Sample Text CHART V-1

& Charts CONSTRUCTION MACHINERY DEMAND IN CHINA BY REGION (287.0 billion yuan, 2010)

markets

Nonbuilding Market The nonbuilding construction market represented the largest segment in the construction machinery market in China, followed closely by nonresidential building. Its leading position is a result of the sample government’s focus on expanding and modernizing the country’s physi- cal infrastructure in order to accommodate the needs of China’s rapidly chart growing industrial sector and ensure continued economic development. In addition, the high level of construction machinery usage in both new construction and improvements and repairs contributes to the advances.

Sales of construction machinery for use in the nonbuilding construction segment will grow 6.5 percent annually to ¥144.2 billion in 2015. Government spending initiatives remain the dominant driv- ers of nonbuilding construction activity,sa duemple to new infrastructure and improvement and repair activities, including the extension of the “7918 Network” national highway system. However,tex gainst will be constrained by the slowdown in the Chinese economy.

Demand for excavators and cranes will continue to have the largest share in the nonbuilding construction machinery market, due to the large amount of earth that needs to be dug and moved during the construction of roads and dams, and in other infrastructure projects. Moreover, rollers and related equipment, which find few applications in building markets, are vital pieces of equipment for road construction and accounted for eight percent of total nonbuilding machinery demand in 2010. CHART VI-1 CONSTRUCTION MACHINERY MARKET SHARE Demand by Application Nonbuilding construction machinery sales in China are largely IN CHINA BY COMPANY, 2010 driven by the vast scale of new infrastructure construction projects, but (287.0 billion yuan) also benefit from nonbuilding improvement and repair activity. New construction demand accounts for 83 percent of the machinery market in the nonbuilding construction segment in 2010 and is forecast to continue 11.1% Xu zh o u C o n str M ach 126 Copyright 2012 The Freedonia Group, Inc.

10.7% SANY H eav y In d M a rke t O th e rs L e a d esars mple 4 0 .8 % 5 9 .2 % 7.9% Z o o m lio n H eav y In d

chart 9.2% K o m atsu

7.7% C aterp illar

Click here to purchase online Page  Order now, click here! Study #2855 May 2012 Construction Machinery in China $5400 256 Pages Industry Study with Forecasts for 2015 & 2020

Sample Profile, TABLE III-1 Table & Forecast CONSTRUCTION MACHINERY SUPPLY & DEMAND IN CHINA BY TYPE (billion yuan)

Item 2000 2005 2010 2015 2020

Construction Expenditures (bil 2009¥) 1701 4003 9076 14200 20600 ¥ machinery/000¥ construction 19.4 20.1 31.6 27.3 25.2

Construction Machinery Demand 33.0 80.6 287.0 387.0 519.0 Excavators & Cranes 12.9 33.7 172.0 232.0 312.0 Loaders 8.5 26.0 53.6 71.5 95.0 Mixers & Related Equipment 4.1 sa7.0 mple22.6 30.5 41.0 Rollers & Related Equipment 2.9 4.2 8.9 11.8 15.4 Bulldozers & Off-Highway Trucks 2.2 3.5tab 7.4le 9.6 12.3 COMPANY PROFILES Parts & Attachments 2.4 6.2 22.5 31.6 43.3

DHI DCW Group Company Limited net exports -5.0 -5.7 -10.0 7.0 30.0 169 Bayi Road, Xigang District Construction Machinery Shipments 28.0 74.9 277.0 394.0 549.0 Dalian, Liaoning 116013 China price deflator (2009=100) 113.4 101.0 100.3 105.2 112.3 86-411-8685-2212 Constr Machinery Demand (bil 2009¥) 29.1 79.8 286.1 367.9 462 http://www.dhidcw.com

Annual Sales: ¥19.3 billionsa [US$2.9mple billion] (estimated) Employment: 6,000 (2010,p asr reportedofile by company) Key Products: tunnel boring machines & bulk material handling equipment

DHI DCW Group is a state-owned enterprise that manufactures a wide range of for the metallurgical, mining, power, “Demand for construction excavators transportation, chemical, construction, grain storage and various other and cranes in China is expected to markets via numerous Chinese subsidiaries. increase 6.2 percent annually to ¥232 billion in 2015, matching the forecast The Company is involved in the Chinese construction machinery industry through the manufacture of tunnel boring machines and bulk growth rate of the construction ma- material handling equipment, which are suitable for use in construction chinery industry as a whole. Gains will applications. Tunnel boring machines from DHI DCW feature a me- be supported by their wide range of ap- chanical system, an electrical system, a hydraulic system and automatic plications in all types of construction controls. These machines are utilized typically in such public works projects in China as water utility and subterranean transit projects. The in digging, lifting, moving and posi- Company also makes double-shielded tunnel boring machines. Among tioning of materials. In addition, ...” DHI DCW’s bulk material handling equipment are spreaders, which are suitable for use in construction and outdoor mine applications. --Section III, pg. 75 Production operations are conducted by the Company at four facilities in Dalian, Liaoning. These sites collectively occupy over 1.5

212 Copyright 2012 The Freedonia Group, Inc.

Click here to purchase online Page  Order now, click here! Order Information Five Convenient Ways to Order INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS

ONLINE: www.freedoniagroup.com Free Handling & Shipping Credit Card Orders There is NO charge for handling or UPS shipping For convenience, Freedonia accepts American Ex- MAIL: Print out and complete the order in the US. Expect delivery in 3 to 5 business days. press, MasterCard or Visa. Credit card purchases form and send to The Freedonia Group Outside the US, Freedonia provides free airmail must include account number, expiration date and (see address at the bottom of this form) service. Express delivery is available at cost. authorized signature.

PHONE: Call toll free, 800.927.5900 Orders Outside of the US Save 15% (US) or +1 440.684.9600 Checks must be made payable in US funds, If you order three (3) different titles at the same drawn against a US bank and mailed directly to time, you can receive a 15% discount. If your FAX: +1 440.646.0484 (US) The Freedonia Group. For wire transfers please order is accompanied by a check or wire transfer, contact our customer service department at info@ you may take a 5% cash discount (discounts do EMAIL: [email protected] freedoniagroup.com. Credit cards accepted. not apply to Corporate Use Licenses).

Corporate Use License Now every decision maker in your organization can act on the key intelligence found in all Freedonia studies. For an additional $2600, companies receive unlimited use of an electronic Click here to learn more about version (PDF) of the study. Place it on your intranet, e-mail it to coworkers around the world, the Corporate Use License or print it as many times as you like,

Order Form F-WEB.-2855 Name

Construction Machinery in China...... $5400 Title

Corporate Use License (add to study price) * +$2600 Company Additional Print Copies @ $600 each * Total (including selected option) $ Division Enclosed is my check (5% discount) drawn on a US bank and payable to The Freedonia Group, Inc., in US funds (Ohio residents add 7.75% sales tax) Street (No PO Box please)

Bill my company American Express MasterCard Visa City/State/Zip

MM YY Country

Credit Card # Expiration Date Phone Fax

Signature Email

* Please check appropriate option and sign below to order an electronic Individual Use License Agreement version of the study. The undersigned hereby represents that the above captioned study will be used by only ___ individual(s) who are employees of the company and that the study will not be loaded on a network for multiple users. In the event Corporate Use License Agreement that usage of the study changes, the Company will promptly notify Freedo- The above captioned study may be stored on the company’s intranet or nia of such change and will pay to Freedonia the appropriate fee based on shared directory, available to company employees. Copies of the study may Freedonia’s standard fee schedule then in effect. Note: Entire company cor- be made, but the undersigned represents that distribution of the study will porate use license, add $2600; one additional user, add $600; two additional be limited to employees of the company. users, add $1200; three additional users, add $1800.

Signature Signature

The Freedonia Group, Inc. 767 Beta Drive • Cleveland, OH • 44143-2326 • USA • Web site: www.freedoniagroup.com Tel US: 800.927.5900 or +1 440.684.9600 • Fax: +1 440.646.0484 • e-mail: [email protected]

Page 7 INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS

Other Studies About The Freedonia Group Construction Outlook in China The Freedonia Group, Inc., is a leading international industry market research com- Construction expenditures in China will increase 8.8 percent per annum in real terms to 16.4 trillion yuan pany that provides its clients with information and analysis needed to make informed in 2016. Nonbuilding construction will be the fastest strategic decisions for their businesses. Studies help clients identify business oppor- growing segment, benefiting from transportation infrastructure expansion and upgrades, and from tunities, develop strategies, make investment decisions and evaluate opportunities the construction of utilities. Growth in residential and threats. Freedonia research is designed to deliver unbiased views and reliable and nonresidential building construction will also outlooks to assist clients in making the right decisions. Freedonia capitalizes on be strong. This study analyzes the 10.8 trillion yuan construction industry in China, with forecasts for the resources of its proprietary in-house research team of experienced economists, 2016 and 2021 by type, market and region. The study professional analysts, industry researchers and editorial groups. Freedonia covers a also evaluates company market share and profiles industry participants. diverse group of industries throughout the United States, the emerging China mar- #2898...... June 2012...... $5500 ket, and other world markets. Industries analyzed by Freedonia include:

Agricultural Equipment in China • Chemicals • Plastics • Life Sciences • Packaging • Building Materials • Security Demand for agricultural equipment in China is & Electronics • Industrial Components & Equipment • Automotive & Transportation projected to grow 10.8 percent annually to 225 billion yuan in 2015, driven in part by favorable government Equipment • Household Goods • Energy/Power Equipment policies and improved access to equipment through cooperatives. Farm tractors will remain the largest segment while planting and fertilizing machinery and Click here to learn more about Freedonia harvesting machinery grow the fastest. This study analyzes the 134.6 billion yuan agricultural equipment market in China, with forecasts for 2015 and 2020 by product and region. The study also evaluates com- Freedonia Custom Research pany market shares and profiles market participants. #2880...... March 2012...... $5400 Freedonia Custom Research delivers the same high quality, thorough and unbiased assessment of an industry or market as an industry study. Since the research initia- World Construction Aggregates tive is based upon a company’s specific needs, companies harness Freedonia’s World demand for sand, crushed stone, gravel and research capabilities and resources to answer unique questions. When you leverage other construction aggregates will rise 5.2 percent annually through 2015 to 48.3 billion metric tons. The the results of a Freedonia Custom Research engagement, you are able to obtain Asia/Pacific market will grow the fastest, followed important answers to specific questions and issues associated with: mergers and by Eastern Europe and the Africa/Mideast region. acquisitions, new product launches/development, geographic expansion, entry into Recycled and secondary types will grow the fastest. This study analyzes the 37.4 billion metric ton world new markets, strategic business planning, and investment and funding decisions. construction aggregates industry, with forecasts for 2015 and 2020 by product, market, application, world region and for 19 countries. The study also evaluates Freedonia Custom Research is ideal for companies seeking to make a strategic dif- company market share and profiles industry players. ference in the status quo and focus on future business growth. Working side by side #2838...... January 2012...... $5900 with clients, Freedonia’s team is able to define a research project that is custom- tailored to answer specific questions and provide the basis from which a company World Mining Equipment can make informed business decisions. The world market for mining equipment is projected to climb 8.5 percent annually through 2015 to $92 billion. The Asia/Pacific region will remain the fastest Click here to learn more about Custom Research growing market. Metals and coal mining will lead gains by application. Mining drills and breakers will pace demand among product segments. This study analyzes the $61 billion world mining equipment industry, with forecasts for 2015 and 2020 by ap- plication, product, world region and for 31 countries. The study also evaluates company market share and profiles industry competitors. #2840...... January 2012...... $6200

World Construction Machinery World demand for construction machinery is pro- jected to expand 6.5 percent annually through 2015. Over half of all additional demand will come from the Asia/Pacific region, although the rate of growth will slow from the pace of the 2005-2010 period. Cranes, loaders and excavators will expand at above-aver- age rates. This study analyzes the $125 billion world construction machinery industry, with forecasts for 2015 and 2020 by product, world region and for 36 countries. The study also evaluates company market share and profiles industry players. #2776...... August 2011...... $6100 Click here for complete title list Click here to visit freedoniagroup.com

Page 8 The Freedonia Group, Inc. 767 Beta Drive • Cleveland, OH • 44143-2326 • USA • Web site: www.freedoniagroup.com Tel US: 800.927.5900 or +1 440.684.9600 • Fax: +1 440.646.0484 • e-mail: [email protected]