For over 30 years, Ducker has been forecasting the heavy equipment market, gaining unparalleled depth of knowledge in the industry. Research in non-building construction, residential and non-residential construction, the mining market, and general economic conditions, a solid understanding of the past and present has enabled the company to further understand sales and market trends in order to best forecast and support clients with strategic business decisions.
2020 will be remembered as a year that could have been disastrous to the Heavy Equipment industry but ended up being relatively successful. While growth was severely impacted in the second quarter of 2020, the market has been on a consistent come-back since that quarter. Read more in the North American Heavy Equipment Index for Q1 below:
Ducker’s Heavy Equipment team continues to follow and analyze the key trends and impacting the heavy equipment industry, both during and post Covid-19 disruptions. Visit Ducker for the latest insights and implications for global business, or to connect with a team member.