With signs of improvement in global equipment sales, including a few bright spots in the U.S., the equipment market saw a time of consolidation and new developments in autonomous equipment in 2016.
In ENR’s recent Fourth Quarterly Cost Report, equipment industry analysts saw signs of infrastructure investment in the U.S. and U.K. as potential bright spots, but opinions are mixed on whether it will be enough to get the market out of a two-year slump. At the triennial Bauma equipment show in Munich, ENR saw equipment manufacturers banking on a construction recovery in Europe and the U.S.