Although the diesel engine market has gone through a challenging year in 2015, the global diesel engine sales are forecast to rise 7.7 percent per year through 2017 to $248.5 billion. The Asia- Pacific region will remain the dominant and fastest-growing geographic market, with dominant end-user market in the vehicles, off-highway and other mobile equipment segments.
While the global construction equipment market is predicted to pick up at a slow pace for the next few years, the OHV market in China still has to overcome many difficulties with the uncertainty in economic situation and changing customer demands.
After the stabilization in the past few years, new opportunities come along with the continuous investment in infrastructure, ‘Belt and Road’ and ‘Made in China 2025’ initiatives and ‘Internet+’ trends, which lead the development directions for the domestic OHV industry.
The Heavy Duty Week 2016 is set to be the best event of the year to understand the new direction that the Chinese OHV is taking in 2016.
Since 2008, Duxes has forged a strong and productive relationship with the heavy duty industry in China and the Asia-Pacific, leaving a lasting legacy of 15 successful summits in 8 years. During this ‘Heavy Duty Week 2016’, government officials, notable industry associations and organizations, alongside leading international companies, will share with attendees their invaluable experiences and opinions on the Asian diesel engine and the Chinese off-highway vehicle industry.
This four-day event will provide an effective platform on which participants can familiarize themselves with the current status of the market and hear explanations of development trends as well as relevant government policies and regulations in order to gain better understanding of the market and optimizing their development strategies in China and Asia.
Tel:+86 21 5258 8005 Ext. 8106