European manufacturers of construction equipment expect annual growth of 5-6 % until 2020, and 2% points in additional profit, a new key new industry survey has revealed.
According to the McKinsey & Company survey of senior executives at more than 75 OEMs, 69% of companies are optimistic about the future, with just one in ten predicting a deterioration in their business.
Specifically, manufacturers point to two primary opportunities: growth from markets outside Europe and the increasing importance of