World Heavy Construction Equipment

World Heavy Construction Equipment with forecasts to 2005 and 2010 New study finds: Worldwide demand for heavy construction equipment is projected to rise 5.3 percent annually through 2005 to $87.4 billion The major factor fueling growth through 2005 will be ongoing economic recovery and expansion within the developing nations of Asia/Pacific and Latin America The three leading producers -- Caterpillar (US), Komatsu (Japan) and CNH (based in the Netherlands, but operating as a subsidiary of Fiat of Italy) -- account for close to a third of total global demand

Freedonia Industry Study #1468 World Heavy Construction Equipment Study Publication Date: October 2001 Price: $4,700 Pages: 375 World Heavy Construction Equipment, a new study from The Freedonia Group, provides you with an in-depth analysis of the major trends in the world market for heavy construction equipment and the outlook for product segments -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, World Heavy Construction Equipment. Ordering information is included on the back page of the brochure. Brochure Table of Contents Study Highlights...2 Study Table of Contents and List of Tables and Charts...4 Sample Pages and Tables from: Market Environment...6 World Supply and Demand...7 Supply and Demand by Country & Region...8 Market Share...9 Company Profiles... 10 List of Companies Profiled... 11 Forecasting Methodology... 12 About the Company... 13 Advantages of Freedonia Reports... 13 About Our Customers... 14 Related Studies... 15 Ordering Information... 16

Study Highlights Worldwide demand for heavy construction equipment is projected to rise 5.3 percent annually through 2005 to $87.4 billion. The major factor fueling growth through 2005 will be ongoing economic recovery and expansion within the developing nations of Asia/Pacific and Latin America. Future prospects are favorable in China, where construction equipment demand will benefit from that nation's aggressive industrialization efforts, and Eastern Europe, as countries there continue their transformation to market economies, attracting increased foreign investment. The greatest growth in output will be in developing countries -- particularly in Asia and Latin America -- the continuation of a long-term trend, slowed in recent years by disruptive events like the Asian financial crisis. The three leading producers -- Caterpillar (US), Komatsu (Japan) and CNH (based in the Netherlands, but operating as a subsidiary of Fiat of Italy) -- account for close to a third of total global demand. * Excluded from the scope of the study are certain products sometimes considered to be construction equipment, including log splitters, dredging machinery, pile driving equipment and aerial work platforms. Also excluded is used heavy construction machinery of all types. Freedonia Industry Study 2

Study Highlights World Heavy Construction Equipment Demand by Region, 2000 North America 33.7% Western Europe 23.3% Asia 30.7% Africa/Mideast 4.3% Eastern Europe 3.3% Latin America 4.7% World Heavy Construction Equipment Demand (million US dollars) % Annual Growth Item 1995 2000 2005 2010 00/95 05/00 Gross Fixed Investment (bil 1998 US$) 6642 8389 10760 13920 4.8 5.1 $ construction equipment/000$ GFI 9.0 8.0 8.1 8.2 Construction Equipment Demand 59885 67470 Sample Table 87390 113795 2.4 5.3 United States 15178 19130 23410 29415 4.7 4.1 Canada & Mexico 2397 3630 4735 6095 8.7 5.5 Western Europe 14350 15735 18890 22415 1.9 3.7 Japan 10800 8180 9880 12045-5.4 3.8 China 3010 5130 8055 12825 11.3 9.4 Other Asia/Pacific 6811 7375 11420 16095 1.6 9.1 Latin America 2886 3150 4455 6280 1.8 7.2 Eastern Europe 2160 2235 2910 3900 0.7 5.4 Africa/Mideast 2293 2905 3635 4725 4.8 4.6 Copyright by The Freedonia Group, Inc. Order form on last page 3

Table of Contents I. EXECUTIVE SUMMARY Summary Table... 3 Tables and Charts are featured for each region and country. Historical data and forecasts are presented for 1995, 2000, 2005 and 2010. For each country/region, the following are given: Population $ GDP/capita Gross Domestic Product % fixed investment Gross Fixed Investment $ construction equipment/000$ GFI Construction Equipment Demand Loaders Off-Highway Trucks & Tractors Cranes & Draglines Graders, Rollers & Related Mixers, Pavers & Related Parts & Attachments net exports Construction Equipment Shipments II. III. ECONOMIC & MARKET ENVIRONMENT General... 4 World Economic Outlook... 5 Recent Economic Performance... 6 World Economic Outlook... 9 Table - Gross Domestic Product by Region...10 World Fixed Investment Outlook...10 Table - Fixed Investment by Region...13 Chart - World Heavy Construction Equipment/Fixed Investment Relationship...14 World Demographic Outlook...15 World Population Outlook...15 Table - Population by Region...16 Urban Population Outlook...17 Table - Urban Population by Region...18 Pricing Patterns...18 Table - Heavy Construction Equipment Pricing Patterns...20 Technology...21 SUPPLY & DEMAND General...23 World Heavy Construction Equipment Markets...24 Regional Markets...24 Table - World Heavy Construction Equipment Demand by Region...25 Chart - World Heavy Construction Equipment Demand by Region, 2000...26 Rental and Leasing Markets...26 World Heavy Construction Equipment Production...28 Producing Countries...28 Table - World Heavy Construction Equipment Shipments by Region...30 Chart - World Heavy Construction Equipment Shipments by Region/Country, 2000...31 Products...31 Table - World Heavy Construction Equipment Demand by Type...32 Loaders...32 Off-Highway Trucks & Tractors...34 Cranes & Draglines...35 4 Freedonia Industry Study

Graders, Rollers & elated Products...37 Mixers, Pavers & Related Products...38 Parts & Attachments...38 International Trade Flows...39 Table - World Heavy Construction Equipment Net Exports by Region...41 IV. NORTH AMERICA General...42 United States...45 Canada...49 Mexico...53 V. WESTERN EUROPE General...57 France...61 Germany...65 Italy...70 United Kingdom...73 Other Western Europe Countries...77 Austria...79 Belgium...83 Denmark...86 Finland...89 The Netherlands...93 Norway...96 Portugal...99 Spain... 101 Sweden... 105 Switzerland... 108 All Other West European Countries... 111 VI. ASIA/PACIFIC General... 115 China... 119 Japan... 124 Other Asia/Pacific Countries... 128 Australia... 131 Hong Kong... 134 India... 137 Indonesia... 141 Malaysia... 145 Singapore... 149 South Korea... 153 Taiwan... 156 Thailand... 160 All Other Asia/Pacific Countries... 163 VII. OTHER REGIONS General... 168 Latin America... 171 Argentina... 174 Brazil... 178 Chile... 182 Colombia... 185 Peru... 188 Other Latin America Countries... 191 Eastern Europe... 194 Czech Republic... 198 Poland... 202 Russia... 206 Slovakia... 211 Other Eastern Europe Countries... 214 Africa/Mideast... 218 Saudi Arabia... 222 South Africa... 225 Turkey... 229 Other Africa/Mideast Countries... 233 VIII. INDUSTRY STRUCTURE General... 238 Industry Composition... 239 Table - Revenue Data: Selected Construction Equipment Manufacturers, 2000... 241 Market Share... 242 Chart - World Heavy Construction Equipment Market Share by Company, 2000... 243 Product Development & Manufacturing... 243 Marketing & Distribution... 245 Cooperative Agreements... 247 Table - Selected Cooperative Agreements... 249 Financial Requirements... 258 Mergers, Acquisitions & Industry Restructuring... 260 Table - Selected Acquisitions & Divestitures... 262 Company Profiles... 266-375 Order form on last page 5

Market Environment The Market Environment Section discusses key indicators that drive demand for heavy construction equipment, including technology, pricing trends, and Freedonia s uniquely developed macroeconomic indicators. This information provides you with an understanding and an analysis of the climate in which the global heavy construction equipment industry operates and helps you build your market strategy to sustain long-term growth. MARKET ENVIRONMENT Pricing Patterns Heavy construction equipment machinery prices are a critical determinant of demand throughout the world. In developing countries, they are typically the dominant purchasing criteria. The cost of a new construction machine can range from about $50,000 to well over $1 million. For example, Komatsu's PC1800-6 SAMPLE PAGE crawler excavator, introduced in 2000, has a list price of $2 million. Intense competition among suppliers, the availability of used equipment discounted 30 to 60 percent below new machinery prices, difficulties in obtaining needed financing and the option to rent equipment on an as-needed basis all contribute to buyers' price sensitivity for new machinery in many areas. The mature nature of the construction equipment industry and lack of brand loyalty among many users also contribute to the role that pricing plays in buying decisions. Factors influencing the cost of construction machinery within a country include local inflation trends, pricing patterns for other industrial products (especially related or competitive products), level of local demand, local availability of supplies and component prices. However, construction equipment is widely traded, and many of the major producers have international production and marketing operations. As a result, prices (adjusted for relative currency fluctuations) tend to settle at or near a global standard for any given product type and level of quality. Nevertheless, there remains considerable variation in construction machinery prices from country to country. As a result of the intense competitive environment in most areas, construction equipment prices have tended to rise sluggishly in recent years, although pricing has held up better in the US and other nations where demand has been strong. Manufacturers have been able to more easily raise prices for machinery with SAMPLE TABLE Copyright by The Freedonia Group, Inc. 6 Freedonia Industry Study

World Supply & Demand The World Supply and Demand Section highlights the key issues that have affected the global heavy construction equipment market over the past ten years and summarizes contributing growth factors. This information helps you: SUPPLY & DEMAND Cranes & Draglines Global sales of construction cranes and draglines (including excavators) are projected to rise at a 5.2 percent annual rate through 2005 to $12.7 the pace of SAMPLE PAGE increase for construction machinery as a whole. Growth will approximate overall heavy equipment demand because these products -- which are used to dig, move and position materials -- have a broad range of applications in both construction and mining operations. Focus your sales and marketing efforts on high growth areas. Propose new areas for development Construction cranes are primarily used to lift and position large objects, carrying cement hoppers for building concrete columns, erecting large process tanks in chemical facilities, setting metal beams in bridge construction, etc. With the use of such attachments as dragline buckets, clamshells and magnets, cranes can be used for material handling and earthmoving applications as well. Cranes are generally categorized according to the type of boom employed (lattice or telescopic) and can be truck-mounted and/or designed to operate in rough terrain or all-terrain environments. Draglines are a special type of excavating crane featuring a bucket dropped from a boom and dragged along by a cable. Much product development activity in recent years has focused on improving crane safety, with producers incorporating dual brake systems, lever locks, crane overweight limiters and various collision preventing devices. In 2001, for example, Liebherr began World Heavy Construction Equipment Demand by Region offering SMIE's AC30 anti-collision system, which can monitor up to 20 tower cranes at (million a site and prevent U.S. dollars) the jib or counter-jib of each crane operating at one height from hitting the ropes of those above it. Item 1990 1995 2000 2005 2010 Excavators are mainly employed in earthmoving applications, being used to dig World building foundations and 51632 trenches, 59885 although they 67470 are also 87390 used to 113795 lift small pieces of equipment and materials when a crane is not readily available. Excavators are North America: available in several designs, 13734 with the 17575 most popular 22760being 28145 the crawler-mounted 35510 United States hydraulic excavator. Cable 11637 type excavators 15178 SAMPLE (usually 19130 referred 23410 TABLE to as 29415 shovels) are Canada & Mexico 2097 2397 3630 4735 6095 Western Europe 14412 14350 15735 18890 22415 Asia/Pacific: 15269 20621 20685 29355 40965 Japan 9516 10800 8180 9880 12045 China 1330 3010 5130 8055 12825 Other Asia/Pacific 4423 6811 7375 11420 16095 Other World: 8217 7339 8290 11000 14905 Latin America 2145 2886 3150 4455 6280 Eastern Europe 4255 2160 2235 2910 3900 Africa/Mideast 1817 2293 2905 3635 4725 Copyright by The Freedonia Group, Inc. Order form on last page 7

Supply & Demand by Country & Region These Sections analyze supply and demand for heavy construction equipment by type for 40 countries and six regions. Chile OTHER REGIONS Demand for construction machinery in Chile is forecast to advance at a 6.8 percent annual rate through 2005 to $535 million, a little below the forecast pace for Latin America overall but a substantial improvement from the 1995-2000 period. Gains will be stimulated by a dramatic increase in fixed investment/ construction activity, aided by government privatization efforts. For example, Codelco announced in July 2001 that it plans to build a biotechnology plant to dissolve copper concentrate. Other notable projects include construction of a highway between Santiago and Talco (with work scheduled to start in 2002), building of the TransChile natural gas pipeline (construction scheduled to begin in 2003) and construction of 16 privately financed water treatment plants (scheduled to be completed by 2009). Heavy equipment demand will be restrained by faster economic growth in other Latin American nations, limiting the availability of foreign funding for construction projects. Italy - Heavy Construction Equipment Supply & Demand (million U.S. Shipments dollars) of construction machinery from factories in Chile will continue to rise at a fast rate, climbing 11.4 percent annually through 2005 to $60 million. Domestic manufacturers will benefit from strong growth in demand in Chile and Item 1990 1995 2000 2005 2010 regional export markets, although shipment gains will be not be enough to prevent further widening of the country's trade deficit, as offshore producers intensify their Population (million persons) 57.0 57.3 57.5 57.1 56.4 marketing efforts throughout Latin America. $ GDP/capita 18770 19900 21770 24690 28100 Gross Domestic Product (bil 1998 US$) Chile's 1070construction 1140 machinery 1252 manufacturing 1410 1585 capabilities are limited, with the % fixed investment bulk 19.8 of domestic 17.5 production 19.5consisting 20.8of small 22.0 and mid-sized equipment, parts and attachments. Industry shipments grew at a 14.5 percent annual rate between 1990 Gross Fixed Investment (bil 1998 US$) and 2000, 212 aided 199 by an influx 244of external 293 investment 348 during the early and mid- $ construction equip/000$ GFI 1990s 8.7 following 8.4 the advent 8.1 of economic 7.9 reforms. 7.8 The industry was able to continue expanding rapidly when domestic demand weakened in recent years by Construction Equipment Demand 1854 1670SAMPLE 1975 2320 TABLE 2710 boosting export sales. Nevertheless, the country remains dependent on imports Loaders 384 342 405 480 560 for over 90 percent of its construction equipment requirements. Important Off-Highway Trucks & Tractors 297 266 320 375 440 Cranes & Draglines 380 337 400 470 555 Graders, Rollers & Related 197 164 200 235 275 Mixers, Pavers & Related 119 100 120 140 165 Parts & Attachments 477 461 530 620 715 net exports 269 1013 1240 1515 1845 Construction Equipment Shipments 2123 2683 3215 3835 4555 Copyright by The Freedonia Group, Inc. SAMPLE PAGE 8 Freedonia Industry Study

Industry Structure Sample page from Freedonia Industry Study Gain #1111 a better World global Security understanding Products of & Systemscompetition and analyze your your company's position in the industry with information about: industry composition market share product development manufacturing mergers & acquisitions industry restructuring cooperative agreements INDUSTRY STRUCTURE Marketing & Distribution The importance of marketing and distribution as competitive tools has increased in recent years, as a consolidating heavy construction equipment supplier base attempts to target an ever more geographically dispersed customer base. Of particular importance are manufacturers' sales networks, which often include both independent and company-owned dealers or distributors. In addition to price, after-sales service and parts supply are primary purchasing considerations for construction machinery, as downtime on a construction or mining site is costly. Maintaining a widespread sales/servicing network with dealers located close to key customers allows for economies of scale in marketing and distribution to almost as great an extent as in manufacturing. Caterpillar's global dealer network, for SAMPLE PAGE example, operates at more than 2,700 places of business, and the company maintains over 2,000 parts distribution facilities worldwide. marketing & distribution financial requirements A strong service network also increases the likelihood that replacement parts -- which account for a sizable portion of industry revenues -- will be purchased from the equipment manufacturer and not a third party. One example of an action taken to strengthen a producer's sales/service network is the October 2000 opening of a new Komatsu parts depot in Las Vegas, Nevada to support distributors in the western US and improve customer service. This facility allows the firm to ensure improved parts availability without having to increase distributor parts inventories. Another key competitive tool is customer financing services, particularly in areas where funds are difficult to obtain from other sources. In Russia, for example, both CNH and Caterpillar have launched financing programs to provide contractors with an affordable way to upgrade aging construction machinery fleets. Most heavy equipment manufacturers offer some form of financing, usually both wholesale financing to dealers and retail financing to end users. Wholesale (or floor plan) financing allows dealers to maintain a representative inventory of Copyright by The Freedonia Group, Inc. Order form on last page 9

Company Profiles The Profiles Section analyzes 37 companies active in the world heavy construction equipment industry. These profiles represent a sampling or cross-section of the types of companies involved in the industry. Divisions, subsidiaries, joint ventures, etc., are discussed under appropriate parent companies. Liebherr-International AG Rue de l'industrie 19 1630 Bulle Switzerland 41-26-913-3111 http://www.liebherr.ch COMPANY PROFILES Sources for profiles included: Information provided by key staff members in the respective companies Annual reports 10-K reports Security analysts reports Corporate product literature Liebherr-America Incorporated 4100 Chestnut Avenue Newport News, VA 23605 757-245-5251 Liebherr-International is a holding company with subsidiaries that operate in two product sectors: Construction Machinery and Other. The Company had 2000 sales of $3.7 billion ($2.6 billion to Western Europe; $132 million to Eastern SAMPLE PAGE Europe; $113 million to the Near and Middle East; $496 million to the Americas; $78 million to Africa; and $230 million to the Far East and Australia). Liebherr- International employed 19,415 in 2000. In 2000, sales for the Company's Construction Machinery sector were $2.3 billion. The sector's products are organized into three lines: construction and mobile cranes; excavators, crawlers, loaders and mining trucks; and concrete equipment. Moreover, the Company manufactures parts for construction machinery. For example, Liebherr Machines Bulle SA (Bulle, Switzerland), a subsidiary, is engaged in the production of diesel engines, hydraulic components and transmissions. Liebherr is the seventh largest manufacturer of heavy construction equipment in the world, with a three-percent market share in 2000. Construction & Mobile Cranes -- In 2000, product developments included two new lines of cranes: TT and H. Combined sales for construction and mobile cranes in Copyright by The Freedonia Group, Inc. 10 Freedonia Industry Study

Companies Profiled Astec Industries Incorporated American Augers Carlson Paving Products Roadtec Trencor Atlas Copco AB Chicago Pneumatic Tool Kango Electric Tools Prime Service Rental Service Corporation Bharat Earth Movers Limited Caterpillar Incorporated 10G LLC Bitelli Hindustan Powerplus Shin Caterpillar Mitsubishi Chelyabinsk Tractor Group VU-TRAC CMI Corporation Barton (RM) Company Bid-Well Cifali & CIA Cummins Engine Company Incorporated Consolidated Diesel Cummins Komatsu Engine European Engine Alliance Industrial Power Alliance Komatsu Cummins Engine Daewoo Heavy Industries & Machinery Limited Deere & Company ReGen Technologies Sunstate Equipment Fiat SpA Case Corporation CNH Global Consolidated Diesel European Engine Alliance Fiat-Hitachi Heavy Equipment Fiatallis Iveco L&T-Case Equipment LBX Company New Holland O&K Orenstein & Koppel Gehl Company Mustang Manufacturing Grove Worldwide LLC National Crane Herrenknecht Tunnelvortriebstechnik AG HighTech Tunnelling Systems Hitachi Limited Euclid-Hitachi Heavy Equipment Fiat-Hitachi Heavy Equipment Furukawa Kenki Hefei Hitachi Excavators Siam-Hitachi Construction Machinery Hyundai Group Ingersoll-Rand Company Allgemeine Baumaschinene-Gesellschaft Blaw-Knox Bobcat Company Melroe Montabert (Ingersoll-Rand Company - continued) Neal Manufacturing Sambron Superstav Iran Tractor Manufacturing Company Ishikawajima-Harima Heavy Industries Co. Ltd. JCB Limited Bamford (JC) Excavators Escorts JCB JLG Industries Incorporated Gradall Industries Kobe Steel Limited Kobelco Construction Machinery Komatsu Limited Bangkok Komatsu Company Consolidated Diesel Hensley Industries Industrial Power Alliance Komatsu Cummins Engine KRANEKS International L&T-Komatsu PT Komatsu Indonesia Kubota Corporation Liebherr-International AG Manitowoc Company Incorporated Femco Machine Pioneer Holdings Potain Powerscreen USC USTC Metso Corporation Dynapac International Mukand-McNally Wellman Svedala Industri Mitsubishi Heavy Industries Limited Shin Caterpillar Mitsubishi Sakai Heavy Industries Limited PT Sakai Indonesia Siemens AG Atecs-Mannesmann Demag Mobile Cranes Mannesmann Dematic Sumitomo Heavy Industries Limited Fiat-Hitachi Heavy Equipment LBX Company Link-Belt Tadano Limited FAUN Tata Group Telco Construction Equipment Terex Corporation EarthKing Fermec Holdings Franna Cranes Textron Incorporated Compact Technologies OmniQuip Textron Sky Trak International ThyssenKrupp AG Berco Krupp Berco Bautechnik Volvo AB Xiamen Engineering Machinery Co. Ltd. Order form on last page 11

Forecasting Methodology Freedonia does not just collect and reprint data; Freedonia develops data. Our analysts thoroughly investigate an industry by extensively interviewing key industry participants and analyzing information from sources such as associations, government and trade literature. Once this research is complete, Freedonia establishes one set of forecasts. All writing, editing and forecasting is done in-house to assure quality and consistency. In cases where data does not exist, Freedonia develops the data based on input/output ratios, bills of materials and flow charts. The following chart summarizes Freedonia's methodology. The Freedonia Economics Group Consistent framework of indicators on... Fixed Investment Gross Domestic Product World Population... and many others Freedonia In-house Research Quantitative forecasting Industry structure & market share analyses Product analyses & forecasts Methodology for World Heavy Construction Equipment Extensive Interviews Key participants Industry experts End-users Proprietary Electronic Database Trade publications Government reports Corporate literature Online databases... and many others 12 Freedonia Industry Study

About The Freedonia Group The Freedonia Group, Inc. is a leading international industry study/ database company. Since 1985, Freedonia has published over 1,600 titles covering areas such as plastics, chemicals, coatings and adhesives, building materials, industrial components and equipment, health care, packaging, household goods, security, and many other industries. Freedonia has produced a wide variety of titles, including: World Diesel Engines World Bearings Prefabricated Housing Power & Hand Tools Because Freedonia is a reliable information source, our forecasts are cited in numerous publications such as The Wall Street Journal, The Financial Times and Construction Marketing Today. Advantages of Freedonia Reports In-house operations Because all of our staff work at the same location, interaction between analysts and departments provides a strong system of checks and balances. Consistency Our Economics Group develops indicators that are used by all analysts. Therefore, every Freedonia study is based on a consistent set of economic assumptions (GDP, global population, fixed investment, etc.). Reliable forecasts Because all of our forecasts consider the environment in which a product or industry is operating, as well as threats and opportunities to the market, Freedonia forecasts are reliable indicators of future performance. One-on-one interviews All studies are produced by conducting interviews with key industry participants and end-users. Proprietary electronic database Freedonia s analysts can tap into an extensive in-house electronic database containing corporate literature (including private company information), trade publications, government reports and many other sources of information. Order form on last page 13

About Our Customers Freedonia's clients include major US and international companies in the manufacturing, services, consulting and financial sectors. Typical purchasers of Freedonia studies : Key Executives Corporate Planners Market Researchers Financial Analysts Information Centers New Product Developers Merger & Acquisition Specialists Since 1985 we have provided research to customers ranging in size from global conglomerates to one person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia research to help with their strategic planning. Some of Freedonia's customers in the heavy construction equipment industry include: Atlas Copco AB, Caterpillar Incorporated, Deere and Company, and Hitachi Limited. 14 Freedonia Industry Study

Related Studies From Freedonia For more information about these or other Freedonia titles, please contact us at: The Freedonia Group, Inc. Phone: (440) 684-9600 (800) 927-5900 Fax: (440) 646-0484 Power & Hand Tools This study forecasts the US market for power tools (e.g. electric, pneumatic, engine driven) and hand tools (e.g. hand service types, edge tools). In addition, demand is forecasted by market (e.g. construction, automotive aftermarket, consumer). Historical data (1990, 1995 and 2000) and forecasts to 2005 and 2010 are presented. The study also analyzes economic trends and other market environment factors impacting demand, details industry structure, evaluates market share and profiles key companies. #1478........ 10/01.......... $3,800 World Diesel Engines & Parts World diesel engine demand will grow 5.5% annually through 2005. Gains will be driven by the lower price of diesel fuel relative to gasoline in Western Europe, and the greater fuel efficiency of diesel engines versus gasoline engines in general. The stationary segment (e.g., industrial, power generation) will grow the fastest worldwide. This study analyzes the US$73 billion world diesel engine industry to 2005 and 2010 by application, region and for 26 countries. It also details market share and profiles key firms. #1476........ 10/01.......... $4,500 Prefabricated Housing US demand for manufactured, panelized, modular and precut housing will outpace site-built housing through 2005, when prefabricated will account for 30% of all housing starts. The cost advantages of factory production such as improved scheduling, bulk purchasing of materials, and insulation from weather delays, will aid demand. This study analyzes the $17 billion US prefabricated housing industry to 2005 and 2010 by product and region. It also presents market share data and profiles leading producers. #1458........ 8/01.......... $3,600 Diesel Engines & Parts US demand for diesel engines and parts will grow 4.8% through 2005. Value gains will be propelled by technological innovations resulting from rising emissions standards. Opportunities for growth will also be driven by demand for niche products such as power generation and mining equipment, as well as further development of the light-duty trucks market. This study analyzes the $14 billion US diesel engine industry to 2005 and 2010 by product and market. It also evaluates market share and profiles key firms. #1448........ 7/01.......... $3,600 World Bearings The world market for anti-friction bearings will grow 6.5% through 2005. Accelerating capital investment in most developing regions and rising average prices due to improved quality will drive gains. Asian bearings markets will perform well, particularly China and India, while the strongest regional gains are expected in Latin American and Eastern Europe. This study analyzes the world bearings industry to 2005 and 2010 for six regions and 31 countries. It also profiles key firms and evaluates market share. #1441........ 7/01.......... $4,500 World Power Tools World demand for power tools will grow 5.8% per year through 2005. Gains will result from rising construction spending in developing nations and the popularity of large home center stores and do-ityourself home repairs in developed countries. Electric tools will remain dominant and grow the fastest, especially electric saws. This study analyzes the US$18.5 billion world power tool industry to 2005 and 2010 by product, region and for 22 countries. It also details market share and profiles leading firms. #1419........ 5/01.......... $4,500 World Prefabricated Housing World demand for prefabricated housing will reach 1.3 million units in 2004. Gains will be bolstered by housing activity in developing Asia/ Pacific and Latin America, where prefabricated housing will find use as both low-cost units to reduce shortages and as high-quality, well-insulated houses for well-to-do consumers. This study analyzes the US $54 billion world prefabricated housing industry to 2004 and 2009 by type, market and region, and for 19 countries. It also details market shares and profiles key companies. #1370........ 1/01.......... $4,300 Order form on last page 15

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