ICEMA reports 5% increase in CE sales to 28,902 units for Q1 FY25

The CE industry had sold 27,577 units in the same period of the previous fiscal.

Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

Indian CE Sales Rise YoY

Indian Construction Equipment industry sales recorded 5 per cent YoY growth; 31 per cent MoM degrowth in April 2024.

India’s CE Sales Surge 26% in FY24

With total equipment sales crossing 1,35,650 units as against 1,07,779 lakh units in FY23, the Indian construction equipment industry has recorded a 26 per cent increase in overall sales volume for the financial year 2023-24, surpassing all projections.

Escorts Kubota CE sales jump 9% in March 23

Escorts Kubota Construction Equipment Business Division in March 2024 sold 662 machines registering a growth of 9.2 percent as against 606 machines sold in March 2023.

Building the Future

The market for wheel loaders is seeing fresh traction due to the buoyancy in road construction activities. Fresh off take of coal due to a surge in thermal power production is adding to the demand.

Construction equipment sales grew 26% to cross 1 lakh mark in FY2022-23

YoY 28.5% growth in domestic sales, 3% growth in exports

CE export witnesses 60% growth in FY22

According to the Indian Construction Equipment Manufacturers Association (ICEMA) the export of construction equipment has increased by 60 per cent in FY22 with earth-moving equipment witnessing 69 per cent growth in the last fiscal year.

NIP can make CE tick

As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.

German construction equipment industry continues to grow

The order intake in the construction equipment (CE) industry allows manufacturers with production sites in Germany to look forward to 2022 with peace of mind. When companies will be able to achieve turnover, on the other hand, is an open question, as materials continue to be in short supply and supply chain problems are delaying the production of CE

German construction equipment industry continues to grow

In 2021, the CE sector achieved a 22-percentage increase in turnover compared to the same period of previous year.

Indian construction equipment industry growth slumps in Q3FY22

On the back of slowdown in the construction activity, the Indian CE industry experienced 23% drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21, as per the ICEMA report.

CNH’s CE sales plunged in 2020 despite Q4 sales bump

CNH Industrial saw net sales of industrial activities decline by 7 per cent for the full year in 2020; construction equipment net sales worldwide plunged almost 22 per cent. Q4 results, however, were much more positive, with the company's construction equipment segment seeing a net sales increase of 6.4 per cent compared with the same period in 2019.

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

CE industry to de-grow in 2020

In the aftermath of the Covid-19 pandemic, the overall sales of construction equipment in the country in CY2020 are expected to diminish by 15-20 per cent.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

CE industry to de-grow by 15-20 per cent in CY2020

The Indian construction industry is facing numerous headwinds as a result of the economic slowdown and other factors impacting the construction activity.

ICRA revises outlook on CE sales negative

Industry volumes have contracted by 16 per cent in the key product categories of backhoe loaders, excavators and wheeled loaders.

ICRA sees negative outlook on CE sales

Following a sharp correction in unit sales amidst slowing economic growth and infrastructure investments, both by the public and private sector; and tight liquidity environment, ICRA has revised the outlook on the construction equipment (CE) sector to negative.

Backing Infra Growth

Cautiously Optimistic

The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.

Global CE sales peak at 1.1 million units

The latest Off-Highway Research report reveals record sales in construction equipment (CE) globally, touching an all-time high of 1.1 million units in 2018, with a retail value of around $110 billion.

Equipment Pulse

With the construction equipment market is on a growth path, Equipment India explores the market scenario of construction equipment and allied products and services.

Backhoe loaders:Leading the Growth

At present, the construction equipment (CE) sector is mainly dominated by heavy earthmoving equipment. Within this segment, it is the backhoe loaders (BHLs) which constitute more than 65 per cent of heavy earthmoving equipment sales.

Back on Growth Path

Given its versatility and mobility, backhoe loader finds great use at almost every construction site, both urban and rural India. This multi-purpose machine continues to perform a variety of tasks at sites and is used for digging, dosing, levelling and lifting activities.

CE Hydraulic Cylinders - Bright Future Ahead

On ground demand of construction equipment (CE) spurs the requirement of hydraulic cylinders for various essential applications by the OEMs. EQUIPMENT INDIA zeroes in on this segment to develop granular market insights.