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Earthmovers Surge Ahead
Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.
Liebherr tower cranes renovate bridge in Spain
The company finished the 2023 business year with a record revenue of Euro 14,042 mn.
Liebherr: 2022 business year with new record turnover
Compared to the previous year, the company recorded a turnover growth of Euro 950 mn
How to make construction S.Af.E.R?
The theme S.Af.E.R. stands for -- S: Sustainability; Af: Alternative Fuels; E: Electrification; and R: Rentals. The underlying premise of the theme is that integrating energy-efficient equipment and energy-saving technology in sustainable development initiatives can drastically cut energy use and harmful emissions.
Infra demand boosting rental market
The equipment rental market provides construction companies with access to the latest equipment and technology.
“We will be launching 63-inch tyres for the Indian market.”
Tractors and earthmoving equipment are the major demand drivers of OTR tyres,” says Prasanta Ganguly, Head – OTR Marketing (Domestic Sales), Balkrishna Industries (BKT).
On track: double-digit growth
Distribution, digitisation and electrification are expected to be the key drivers of the earthmoving equipment industry in the coming years.
Italian CE market grows in 2021
In the twelve months of 2021, 22,000 construction machines have been placed on the Italian market, up 30 per cent if compared to 2020. Data were presented by Unacea in a digital press conference held last 1st February.
Opportunities galore
The construction industry across the globe is anticipated to present significant opportunities for construction equipment.
OTR tyre market has bright prospect
India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.
New Avenues to Growth
The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.
OTR tyres on the move
With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.
Coal mining is expected to drive demand
PK Ganguly, Head – Marketing (Domestic Sales), Balkrishna Industries, shares his thoughts on the market scenario and how the company is gearing up to meet the growing demands in the market.
Italian CE posts sales drop
In the first quarter of 2020, construction equipment sold on the Italian market were 2,701, with a drop of 15 per cent compared to same period of 2019
The focus on skill development is on the rise
L&T Construction & Mining Machinery Business has trained and certified over 10,000 operators and mechanics in the last two years under the RPL4.
Italian construction equipment market up in 2019
According to the last Unacea survey on the Italian market, in 2019, as many as 16,927 construction equipment have been sold on the Italian market, 16 per cent more compared to that of 2018.
K-Tec to exhibit earthmoving innovations at Conexpo 2020
From March 10-14, 2020, K-Tec?s newest and innovative earthmoving scrapers and accessories will be on display at Conexpo Con/Agg 2020 outdoor Festival Grounds in booth #F2932.
Mining Gains
The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.
Undercarriage Parts
Undercarriages and parts in crawler- or track-mounted equipment play important role in the mobility of the whole equipment and its uptime. Undercarriage parts are small and simple, but when all put together, support the entire track system.
DOZCO, ITM form new JV
Italtractor ITM Spa (ITM) and DOZCO India announced the creation of a joint venture (JV) company called ITM DOZCO Pvt Ltd. The intention of this new JV is to create the leading manufacturer of undercarriage components in India to optimise service to local and global customers.
On Sustainable Growth
Devendra Kumar Vyas, Managing Director, Srei Equipment Finance, elaborates on the key factors that drive the growth and the emerging market trends in equipment finance.
Supporting Mental Health Awareness
The machinery and plant hire company partnered with Volvo CE's exclusive Australian distribution partner CJD Equipment to paint the excavators blue in support of better mental health awareness in the workplace.
Marching Towards Century
LiuGong celebrated 60 years of successful presence in the global market and completed production of 400,000 units of loaders in November 2018.
LiuGong celebrates 60 years of global presence
LiuGong?s 60th anniversary celebration was held at LiuGong International Industrial Park in Liuzhou, Guangxi, China. Attendees included domestic and overseas customers, distributors, suppliers, government officials, shareholders, and stakeholders who have worked with LiuGong throughout its 60 years.
CE finance outlook
Financing accounts for approximately 80-85 per cent of the total equipment purchased. In the case of overseas purchases, it accounts for approximately 90 per cent.
Liebherr?s earthmoving machines bag design awards
Liebherr received the 2018 German Design Award in the ?Excellent Product Design? category for its T46-7 telescopic handler and its XPower? L 550 to L 586 wheel loaders.
Driving Technology
Customers in India have always been divided between the ones who chose traditional, proven, 'will work for sure' products and the ones who want products that are forward-looking, path-breaking, or simply ahead of its time.
Italian CE market up in 2016
According to Unacea, the Italian construction machinery association, 10,984 machines have been sold in the Italian market in 2016, 26 per cent more compared to the previous year. Figures consist of 10,517 earthmoving machines (+25 per cent) and 467 road equipment (+44 per cent).
Protecting Operators and Machine Components
Represented by its American branch, O+P, a global leader in the hydraulic hoses equipment industry took part in the ASSE Safety conference and exhibition event held from 26 to 28 June.
O+P introduces Stopflex system
The American branch of O+P, a global leader in the hydraulic hoses equipment industry, introduced its Stopflex system, a retention system for pressure hoses, at the ASSE Safety conference and exhibition event held recently. Designed in-house at its Brescia premises and patented internationally, Stopflex allows retaining the movement of the pressure hose once the fitting is removed, thus fully protecting the operators and safeguarding the components.
We see a great opportunity for growth with SANY
Our company was founded in 1994 in Jammu. Initially we started with road construction equipment and maintenance machinery for roads and gradually we diversified into construction equipment and earthmoving machinery business.
We have the widest range of solution for OTR activity
The OTR segment, which includes industrial, construction and earthmover verticals, is pegged around at Rs 2,000 crore and this segment is expected to grow further. There are some activities in the coal sector; over 30 blocks have already been auctioned. We are expecting some activities to happen in Goa and Karnataka on the mineral front.
It's time for the show!
The 3rd edition of bC India, which mirrors the pulse of the CE industry, is expected to attract over 30,000 visitors to witness the exciting range of construction and mining equipment and machinery.
BHL Continues to Rule the Roost
The world over, construction practices and methodologies determine the selection of the type of equipment, to a great extent. However, in India, backhoe loader (BHL) controls the lion's share of the total equipment sale; it is wheel loaders that dominate the Chinese CE market and crawler and mini excavators that control the European and American markets.