Stronger growth for Heavy Equipment than compact
The french major civil engineering projects (Greater Paris, investments for french motorways renovation, investments for high speed networks in France…) sustain earthmoving market: it increased by +5% over the 8 first months of 2019.
These projects have a particularly strong impact on heavy equipment sales, up by 7% over the first 8 months of 2019, whereas compact equipment only grew by 5% over the same period.
Since 2016, heavy equipment sales growth has been gaining momentum compared to compact equipments. If this trend continues over year 2019, this will be the first time in 7 years that heavy equipment sales growth exceeds compact equipment sales growth.