Global demand for construction equipment is forecast to advance 3.9 percent per year through 2019 to $218 billion, decelerating from the 2009-2014 period.

Regions with an abundance of developing countries, such as the Asia/Pacific region, Central and South America, and the Africa/Mideast region are all expected to register above average gains going for-ward on construction spending, especially as infrastructure projects continue to increase. For instance, more than two-thirds of all additional construction equipment demand generated between 2014…