data shows that in the first half of 2015, North America, Europe and the Middle East became the main incremental markets for construction machinery in the world. Compared with the first half of 2014, equipment sales in these three regions also increased significantly.

China's Construction Machinery Sales Growth Rate, Second to Bottom in the World, Russia Bottom in Middle East: + 13% The Middle East market experienced 13% growth in the first half of 2015, mainly driven by the new construction demand of Arab countries. Among them, Saudi Arabia and the United Arab Emirates have the fastest growth momentum, with the former building The industry has become the fastest growing industry in the country, while Saudi Arabia's transportation infrastructure projects have maintained a high operating rate. The second largest construction market in the Gulf region is the UAE, In 2014, the UAE residential construction market was booming, with a total investment of US $16 billion, an increase of 35% over the previous year. North America: + 10% The growth in sales in North America is driven by the rising demand for rental construction machinery from corporate customers, who became the largest customer in the US market last year. Europe: + 4% Sales in Europe increased by 4%, with Britain, Germany and Nordic countries being the main growth drivers. France, as the second largest consumer of construction machinery in Europe, is not optimistic, while the situation in southern Europe has changed slightly. Good. India: + 4% India's market growth rate reached 4%, which was due to the urgent need of the Indian government for infrastructure construction, which led to the slow recovery of the local market. India has also become an overseas market coveted by Chinese construction machinery giants. One, experts from Britain's Off-Highway Market Research Company said that by 2016 at the latest, India's construction machinery market, the world's seventh largest country, will return to its highest level in history in 2011. Analysts also predict that by 2018, India's demand for equipment will reach 97000 sets. The most popular ones in the region are backhoe loaders, crawler excavators, car cranes, mobile air compressors, and rolling. Products such as equipment and wheel loaders. China Market:-37% China's construction market suffered three consecutive double-digit declines in 2014 due to factors such as overcapacity and slowing infrastructure investment, The decline in the first half of 2015 reached 37%, ranking second from the bottom in the global market, and the Chinese market is unlikely to reverse in the foreseeable future. Russia:-72% Tensions over Ukraine have affected infrastructure construction in Russia and caused a sharp decline in the construction market, making the country's market growth rate at the bottom of the global market. Oceania, Rest of Asia, Africa and Latin America Oceania, other parts of Asia except China, as well as Africa and Latin America, the construction industry growth trend is weak, and even double-digit negative growth.