Sales of construction machines are set to rise by 25 % , from a low of 650,133 in 2016 to about 810,000 by 2020 , according to market research firm Off - Track Research . Sales this year are estimated at 5000 . The mature markets of Europe, Japan and North America suffered a 3% fall in sales in 2016, however. Managing director John Phillips expects to see growth from India , a country that has become a " significant regional manufacturing hub " , after a 40 % rise in equipment sales in 2016 driven by construction projects . Elsewhere , the US , Japan and China are expected to return to growth following a period of economic slump . By 2017 , Phillips said the outlook in Europe remained flat .
Sales of construction machines are set to rise by 25 % , from a low of 650,133 in 2016 to about 810,000 by 2020 , according to market research firm Off - Track Research . Sales this year are estimated at 5000 . Managing director John Phillips expects to see growth from India , a country that has become a " significant regional manufacturing hub " , after a 40 % rise in equipment sales in 2016 driven by construction projects . Elsewhere , the US , Japan and China are expected to return to growth following a period of economic slump . By 2017 , Phillips said the outlook in Europe remained flat .