Brazil has been gaining prominence in the global marketplace of equipment for the construction of infrastructure. In 2015, along with China and India, the country will account for 60% of the sector’s total demand for equipment. The data is from the Study of the Brazilian Market for Construction Equipment released by Sobratema - the Brazilian Association of Technology for Equipment and Maintenance - with information provided by Off-Highway Research of London, England and Abimaq – the Brazilian Machinery Manufacturers’ Association. This share of demand derives from growth in the economies of the countries that make up the BRICS group and, furthermore, from the financial crisis in Europe.
Last year, domestic sales of equipment for construction and infrastructure works rose 18% compared to the previous year, reaching over 84,000 units sold. This year, the market is optimistic and demand for equipment is expected to grow, according to a survey conducted by Sobratema among business owners in the sector.
The good scenario that the segment has enjoyed increases interest among foreign companies in winning over the country’s market and, concurrently, serves as a driver for Brazilian industry to invest, acquire technology and introduce new products. This competitiveness will be demonstrated at M&T Expo 2012 - the 8th International Trade Fair for Construction Equipment and the 6th International Trade Fair for Mining Equipment - the largest and most important trade show for the sector in Latin America, taking place May 29 through June 2 at the Centro de Exposições Imigrantes in São Paulo, SP - Brazil.
The year, the trade show will hold the largest edition in the event’s history with four international pavilions and 480 Brazilian and international exhibitors who will display what’s new in approximately 1,000 brands including earthmoving and grading equipment; concrete plants; cranes; equipment for crushing, transportation of rock and earth, rock drilling and paving; in addition to motors, parts and components.
Sobratema, the organizer and promoter of M&T Expo, expects to receive 45,000 visitors from all over Brazil and from countries on all five of the world’s continents - a public consisting of professionals, technicians and business owners in the areas of construction and mining.