Moscow CTT Fair Is Smaller than 2016; US Firms Are Absent
MOSCOW--This is second Construction Equipment and Technologies (CTT) fair which has been conducted here under the Bauma brand. More than 500 exhibitors from 27 countries are participating in the show, which covers about 62,000 sq.m. Show officials expect 21 000 visitors from 60 countries to visit the fair.
This 17th annual CTT show is the world's fifth largest fair of construction machinery and equipment, according to show officials.
My first impression is that the fair is smaller than last year. Instead of two indoor halls, only one is being used. However, the outdoor exposition has remained in same size. Local OEMs have continued their participation, but they have reduced the size of their expositions. This trend is especially obvious in the KAMAZ and GAZ Group stands.
The Chinese delegation has increased its participation and now is the second largest in the fair, after Germany.
Japanese manufacturers, such as Hitachi, Komatsu, Sumitomo, were presented by their local dealers/distributors. Also, the dealers showed production from their local facilities: Hitachi and Komatsu have their own machinery assembly plants here.
US companies did not participate in the fair. The only US brand present was John Deere, which was represented by a local distributor.
Turkish companies were present, but were small in number and in size. JCB was lost in spite of a continuous presence in recent fairs.
Also noteworthy was the fact that foreign truck OEMs (Volvo, Scania, Mercedes, Renault) were absent. One reason might be a change in the fair policies by the new exhibition owners.
Traditionally, big squares have been taken by German and Swiss companies such as Wirtgen Group, Liebherr, Putzmeister, etc. German companies have been optimistic about Russian market. During the fair opening, the German Trade Chamber representative announced that during Q1 2017 German exports to Russia increased by 20%. PSR