Close
Wednesday, February 5, 2025

Global market for construction machinery to grow at 6.5% annually to US$171 billion in 2015

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Volvo new generation haulers top the class in safety, uptime and efficiency

Volvo Construction Equipment (Volvo CE) strengthens its commitment to...

Cara Kick Off 2025 With Double Nomination At Hopwood Hall Apprenticeship Awards

Cara Group, a leading construction firm with offices in...

Siemens powers Italy’s green mobility transition with key electrification projects

73 charging points to support Autolinee Toscane’s zero-emission...

Globally the construction industry is showing signs of being on the up, leading to a revival in construction activity and the resultant demand for all types of construction machinery. This bodes well for the upcoming Hardware+Tools Middle East which has introduced an increased focus on machinery for this year’s edition which will run from May 8th to 10th at the Dubai International Convention and Exhibition Centre.

Recent market research indicates that the global market for construction machinery, fuelled by considerable revival in construction activity over the last year, is expected to grow at a robust 6.5% annually until 2015, when it is estimated to be worth US$171 billion*.

“Given the continuing demand in the region due to new contracts being awarded, Hardware+Tools Middle East, the region’s international trade fair for tools, hardware, materials and machinery, is now increasing its focus on the machinery section,” said Ahmed Pauwels, Chief Executive Officer of organiser, Epoc Messe Frankfurt. “The trade fair attracts key buyers and decision makers from the region and endeavours to meet the needs of this promising market.”

According to the organisers, over 77% of the trade visitors to last year’s Hardware+Tools Middle East were key decision makers and buyers from 64 countries, with the top 5 visiting countries apart from the UAE being Saudi Arabia, Iran, Oman, India and Bahrain.

The newly launched machinery segment will spotlight the aluminum, wood, steel, plastic and rubber industries and targets engineers, con-tractors, machinery distributors, traders, building materials and manu-facturers to name a few.

Considered the leading dedicated trade fair for tools, hardware, materials and machinery, the exhibition features the latest products in the full range of power and hand tools, measuring tools, pipe and plumbing tools, tool sets and cases, hardwares and consumables, compressors and plumbs, workshop and woodworking machinery.

Latest stories