Construction market has bright prospect

According to a new market report published by Transparency Market Research "Construction Equipment Market - Global and China Forecast Planetary Concrete Mixer Machine, Market Share cement mixer, Size, Growth and Industry Analysis, 2011-2017," the global construction equipment market is expected to reach USD 192.3 billion by 2017 from USD 143.6billion in 2012, growing at a CAGR of 6.0% from 2012 to 2017.Henan Daswell Machinery is a professional manufacturer of mining machine for almost 30 years in China. We are dedicated to supplying our customers with best service and products, our major products include:Mobile Concrete Brick Making Machine,batching plant,electric portable concrete mixer,If you are interested in our products, please contact us freely: sales@daswell.com The concrete mixer equipment segment is in a commanding position contributing to the total construction equipment market revenue in 2012. China accounted for majority of the global construction. equipment consumption, with Europe at a distant second. The construction equipment market is driven by factors such as growth in construction activities, emergence of lease-based equipment concrete mixer machine, and increasing government investment in infrastructure development especially in developing nations. In addition demand by companies in infrastructure and real estate is also supporting the growth of the construction equipment market. Asia is considered the most promising market for construction equipment worldwide due to relatively good performance of construction and mining industries, in countries like India and China. Europe holds the second largest share of the construction equipment market. China is the major contributor to the global construction equipment market and accounts for about 41.2% of the overall global sales of construction equipment. The construction equipment market in China in 2012 is estimated at USD 59.2 billion and is expected to reach USD 95.6 billion in 2017 at CAGR of 10.1% from 2012 to 2017. In addition, China also holds about 17% market share of the global agriculture equipment industry.