Dive summary:

• A company that studies data from the construction equipment industry foresees global sales growing 6% to $189 billion in 2017, but it says that much of that will be coming from China and other Asian nations and, to as lesser extent, Europe, and that American companies did their buying last year.
• The Asian growth for the five-year period will be in double digits, The Freedonia Group said in its "World Construction Machinery."
• Central and South America will slow their buying, but that region had a good run in the previous five years, from 2007 to 2012, Freedonia said.

From the article:

Many [U.S.] operators in the region have recently replaced older machines in expectation of faster economic growth and increased construction spending, which will lead to a lull in replacement sales for the next few years. ...