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Transforming Construction

The market for skid steer loaders is anything but static, constantly shaped by a confluence of factors spanning economic conditions, technological innovations, and industry-specific dynamics.

Navigating the future

Ongoing advancements in technology, including the integration of IoT, AI, and automation, are revolutionising the construction and mining equipment market.

Vision 2030 Drives Growth

The compaction equipment industry in India has witnessed significant technological advancements in recent years. Manufacturers are integrating advanced features, such as GPS technology and telematics, into their machines to enhance precision and efficiency.

We are proactively focusing on energy efficiency and digitalisation

Dhanraj Kalbhor, Managing Director, NORD Drivesystems

R&D is crucial for staying ahead of market trends

Gajanan V Gandhe, Country Lead and Vice President, Dana India Sandeep Khullar, Executive Director, Off Highway & Commercial Vehicle, Dana India

Wipro Unveils Innovations at EXCON India 2023

Wipro showcases diverse engineering solutions at EXCON,

ZF Group Positions Itself for Growth in India's Construction Industry

ZF Group is optimistic about India's construction sector evolution

Revolutionising construction

The booming construction sector is fueling a growing demand for air compressors.

CRUSH, SCREEN, EXCEL

The crushing and screening equipment market — which is driven by aggregate and construction industries, road projects, and railway lines — is believed to grow at a faster pace.

Modern Demolition

Increased efficiency, increased safety and reduced need for skilled labour are among the many factors that drive the development of autonomous construction equipment.

New mining machinery are driving demand for all-steel radial tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.

Manitou: Spearheading the growth

Manitou has a wide range of telehandlers for every segment, for every application.

Poised to higher grow

The demand for telehandlers has been increasing steadily, especially from the infrastructure construction and mining segments over the coming years.

On The Roll

The OTR tyre market is forecasted to reach 15 million units by 2023, growing at a CAGR of 9.05 per cent in volume terms.

Equipment manufacturers lead IoT mining revolution

Industrial Internet of Things (IIoT) technologies that can seamlessly connect vehicles, machinery and personnel in even the world’s deepest mines promise a new era of safety, productivity and profitability for underground mining.

Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Small is the New Big!

Air compressors are necessary at any construction site. Compared to non-portable air compressors, the smaller machines produce significantly less noise, and are used to complete jobs at any locations.

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

Lifting up!

The hoist market is expected to grow at a CAGR of up to 7.3 per cent till 2025.

Overall, the market scenario in India looks promising

Excon has always been a confluence of construction equipment ecosystem members like equipment and component manufacturers, customers, financiers, equipment dealers and policy makers.

On the Move!

The market for mobile cranes is on the move driven by low-rise residential, commercial, and industrial building construction activity in urban areas.

Towering up

Crawler cranes are expected to see a surge in demand with the spurt in infrastructure development projects.

Opportunities galore

The construction industry across the globe is anticipated to present significant opportunities for construction equipment.

Counting on diggers

Increasing demand for construction and infrastructure activities is anticipated to augment earthmoving equipment market growth in India over the next few years.

Reaching new heights

In India, construction hoists have become very popular in the past decade. They are usually used for high-rise towers of height 70 m or more undergoing construction or renovation.

Keeping up with industry trends

Despite slowdown in the automotive industry, all the leading manufacturers of tippers and trucks have transitioned to BS-VI emission standards.

Demand for higher tonnage cranes is likely to grow

With the government’s heavy investment on infrastructure development, the mobile crane market in India is showing gradual signs of improvement, which was impacted by the pandemic.

HRS Heat Exchangers acquired by Exchanger Industries

Exchanger Industries Limited (EIL), the Canadian market leader and globally recognised designer and manufacturer of heat transfer products for the energy, petrochemical, industrial and clean power generation sectors, has acquired HRS Heat Exchangers (HRS). Financial terms have not been disclosed.

Craning Forward

Despite uncertainty, the overall market for mobile cranes is expected to grow between 10 to 15 per cent for the next two to three years.

There is upsurge in demand for medium & high-capacity cranes”

The medium and heavy-duty mobile cranes market is progressing largely in India due to the growth in the construction industry of the country.

Demand for pick n carry cranes has strong correlation with industrial growth

The India mobile crane market is anticipated to register annual growth rate of over 5 per cent during the forecast period 2020-2025. Unfortunately, Due to unexpected Covid-19 pandemic, we can expect some challenges in terms of upcoming projects in India.

HRS Heat Exchangers acquired by Exchanger Industries

The acquisition provides EIL immediate access to a cost- effective global footprint with scalable hubs in both India and Spain, and a combined portfolio of anti- fouling technologies that enhances differentiation and acts as a unique platform to create value for customers.

Market to bounce back

The Covid-19 pandemic has hugely impacted the global air compressor market in a negative way. However, the market is expected to recover by Q1/Q2 of 2023.

Crushing it!

With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.

There are huge untapped opportunities in the crushers & screens market

V Senthilkumar, Managing Director, Propel Industries

Improving Machine Productivity

While the pandemic affected all industries, it positively contributed to the bearings industry. By accelerating value chain processes, and building future capabilities, the industry quickly adapted to meet the demands.

Towering over

Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

Digging deeper

The government’s various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

Infra push to drive demand for diesel engines

Factors such as demand for reliable electricity, which is growing across the world on account of industrial expansion and development of commercial infrastructure are driving the diesel power engine market.

B&R India completes expansion of new warehouse & repair facility

B&R India, one of the leading automation company in India recently extended its warehousing & logistics space at Chakan, Pune as a response to continuous growth the company is experiencing and foreseeing in the future.

New Avenues to Growth

The ongoing COVID-19 pandemic has hit market players adversely on the supply side, causing declining sales of undercarriage components.

Tower Cranes in Tough Times

: The slowdown in real estate market has impacted the growth prospects of tower cranes this year. However, going ahead, demands from industrial infrastructure segment can drive the growth. Karan Chechi writes on the trend.

Wheel Loaders: Loaded with Opportunities

Wheel loader market in India is looking at the emerging opportunities after the fresh momentum that is going to prevail in the market post-COVID pandemic after the government’s pro infrastructure policy initiatives.

The long term outlook is excellent for the crusher market: V Senthilkumar

Propel Industries has pioneered over the years in developing some of the break-through solutions in the crusher market. V Senthilkumar, Managing Director, Propel Industries, shares more on the company’s solutions for the aggregate segment and the overall market scenario.

Unlocking opportunities

Though the ongoing COVID-19 pandemic has put a brake on the growth of the bearings industry, the market is expected to bounce back and continue to grow from next year onwards.

Can Mobile Cranes Lift the Mood?

Mobile cranes in India have transformed into safer and productive with changing design and new features to meet the upcoming demands from the user market. In the current scenario, can these developments in mobile cranes lift the market sentiments?

National Infrastructure Pipeline Gets Set to Flow

The Union Budget 2020-21 heralds the roadmap for investing Rs 103 trillion in the next five years.

We have focused on introducing new models towards customer centricity

Sunbeam Infra Equipments, a division of Sunbeam Generators, is among the prominent players in the concrete equipment industry with its concrete mixers (purchased from Greaves Cotton) and now with additions of batching plants, concrete pumps and mixer pumps

On revival Path

In spite of the current slowdown, tyre market for off-highway applications is going to revive in the coming years due to an anticipated pick up in infrastructure developments in future.

Global loader crane market to have steady growth in next 8 years

During 2018-2026, the global revenue of loader crane market is anticipated to expand at a steady CAGR of 4.6 per cent and reach a valuation of $2,083.6 million by the end of 2026, according to a report by Persistence Market Research.

India is A strategically important market for Doosan Bobcat

With the inauguration of its first manufacturing facility in India, Doosan Bobcat has paved its way for manufacturing in India.

The Festival is back, Are Festivities back?

The current slowdown is giving a drubbing to the Indian construction equipment (CE) market with the equipment sales diving drastically in the past few months in contrast to what the industry had anticipated during the start of the year.

THE ROAD AHEAD

The roads and highways sector is expected to bounce back soon with the government's corrective measures to combat slowdown and the large number of projects planned in the coming years. The road equipment players are bullish on the future growth prospects.

CRUSHING BARRIERS

Fragmented aggregate mining, as well as issues related to regulations and liquidity, are threatening the growth of the crushing and screening equipment segment in India.

Futuristic innovations

The growth journey of the construction and infrastructure sector is to continue with the new government focusing on the infrastructure development once again.

Setting New Benchmark

Growth in warehousing and logistics sector is picking up with the introduction of GST and infrastructure status to logistics. In this scenario, the warehousing and material handling equipment players are gearing up to meet the emerging demand for advanced equipment.

In-transit concrete mixer market

According to a new study, revenues from the concrete mixer market were in excess of 126,800 units in 2018, and are estimated to record a 4 per cent Y-o-Y growth in 2019.

The market growth will definitely continue

As infrastructure and agriculture market continue to grow, demand for hydraulic motors is here to stay. Marc-Oliver Nagel, Sales Subsidiary Manager India, Poclain Hydraulics, shares more on the market and technology trends.

Scaling New Heights

An anticipated growth in high-rise constructions is going to drive the demand for advanced construction hoists in the coming years.

SLCM plays a vital role in mobile concreting equipment sector

Self-loading concrete mixer (SLCM) market is upbeat and the Argo model can be a panacea in the concrete life to many odd jobs of varied concreting applications.

CE industry will continue to witness a healthy growth

The overall construction equipment (CE) industry had a good FY2018-19 for all class of equipment and has recorded the highest volumes ever.

REJIG for the big

Need for better infrastructure is always the top priority of any country. India is no different as the quest for superior infrastructure continues with many large-scale projects coming up.

Skid-steer loader with grader attachment concept is growing

BOBCAT has been providing Skid-steer loader with grader attachment as an apt solution for new rural roads and widening of existing roads. S Manjunath, General Manager - Sales, Doosan Bobcat India, shares more on the advantages of the concept and the market outlook.

Engines of Future

The next level emission norms are due for implementation in October 2020. Diesel engine manufacturers are preparing for the new emission regulation regime in India with the upgradation of design and components.

The year of construction technology

Prime Minister Narendra Modi on March 2, 2019 declared April 2019-March 2020 as the Construction-Technology year and stressed on the use of advanced technology to meet the increasing demand of affordable housing and provision of Housing for All by 2022.

Hydraulic Cylinders

Cylinders allow hydraulic systems to apply linear motion and force without mechanical gears or levers by transferring the pressure from fluid through a piston to the point of operation. Hydraulic cylinders are used for creating mechanical force in a linear motion.

Looking for new growth avenues

The growth of crawler cranes market is stagnant with lagging demand from heavy lift applications. However, the market is expected to bounce back with the demand for medium capacity lift applications from the upcoming infrastructure development projects.

Steps to Safety

Being the safest means of working at heights, Aerial Work Platforms (AWPs) are naturally the option to work at height safely. However, use of AWPs in India is still limited and is picking up slowly.

Steer it up

In spite of the vast opportunities available, skid-steer loaders are still looking for a level-playing field in the Indian market.

Our focus is diversified well

At bauma India, Mitsubishi Heavy Industries - VST Diesel Engines launched a new engine model D03CJ that can meet the most stringent emission norms of the world.

Construction has always been demand driver

At bauma, Haulotte Group launched its full electric machine HA20LEPRO which is part of the new PULSEO range.

Not easy to bring high-tech machines to replace manpower in India

Focusing exclusively on the underground mining and tunnelling market, Antraquip has evolved in general construction space as well.

Cash flow is paramount for sustaining equipment market growth

Sunbeam Infra Equipments (A Division of Sunbeam Generators) launched a trailer concrete pump of 50 cu m per hour capacity and mixer pump at bauma this year.

A flexible strategy is our way to success

At bauma India 2018, BKT focused on all-steel radial tyres and almost 90 per cent products showcased were all-steel radials.

Our integration facility will be ready in 2019

At the bauma India, Enovation Controls launched two new products that are going to hit the market in 2019, apart from showcasing a wide range of BS IV solutions.

We try to produce more in India

Trelleborg India showcased latest sealing solutions such as the Z25 polyurethane seal for high temperature applications in Off Highway segment.

To make our new strategies a reality is our focus

Kobelco Construction Equipment India has focussed on two aspects at bauma CONEXPO INDIA this year: Attachments which is a special application and its newly launched 52-tonne mining machine SK520.

We have grown by 20-25 per cent in 2018

For Columbia Machine Engineering (I), the latest offering at bauma was the planetary mixer, a new addition to its range that it launched for the first time in India.

We have expertise in surface dressing

Our strength lies not only in proposing a product, but also to propose a full package. We have immense experience and expertise in micro-surfacing and surface dressing for the Indian market.

We will focus on material handling in ports in 2019

This bauma India, SDLG launched the new wheel loader L958F with a larger bucket and improved fuel efficiency and delivers higher productivity compared to the earlier version.

Our focus is diversified well

At bauma India, Mitsubishi Heavy Industries v VST Diesel Engines launched a new engine model D03CJ that can meet the most stringent emission norms of the world.

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.

Indian CE Market Overview

The market for construction equipment will follow an upward trend in the next five years.,

We offer much more than just the live auctions

Ritchie Bros is one of the largest equipment platforms worldwide, transacting hundreds of thousands of items each year. Eduard Faig, Regional Sales Manager, Middle East, Africa and Asia Subcontinent, Ritchie Bros elaborates on the company's presence in the global market and its future plans for India.

Demand is expected to remain buoyant in the near future

Elgi Equipments offers portable compressed air solutions for a wide range of applications. Ramesh Ponnuswami, Executive Director, Elgi Equipments shares more on the industry scenario and solutions offered by the company.

We create the right product mix for customer productivity

Portable air compressors play a pivotal role in quarrying and mining applications. The quarrying application specifically, is a segment of paramount importance, looking at the amount of stone which is required for infrastructure projects.

Bharat Forge posts 23.2 per cent revenue growth

The Q1 FY19 was the seventh consecutive quarter of sequential revenue growth for Bharat Forge Ltd (BFL), driven by a combination of its de-risked business model and end market growth. Total revenue at Rs 14,797 million grew by 23.2 per cent compared to Q1 FY18.

Mahindra unveils new ICV range

Mahindra's Truck and Bus Division (MTBD) unveiled the FURIO, its brand new range of Intermediate Commercial Vehicles (ICVs). FURIO marks the company's entry into the ICV segment and is set to make Mahindra a full range commercial vehicle player.

Vertical Growth

Tower crane market is now on revival path, which was going through a lull period till recently. Going forward, a steady growth of real estate market could see a further momentum in tower cranes.

Mahindra unveils new ICV range

Mahindra?s Truck and Bus Division (MTBD) unveiled the FURIO, its brand new range of Intermediate Commercial Vehicles (ICVs). FURIO marks the company?s entry into the ICV segment and is set to make Mahindra a full range commercial vehicle player.

Lifting up Expectations

Gone are the days of slowdown and stagnation for mobile cranes market. Many equipment were seen idle with projects not taking off as expected.

ROLLING AHEAD

Bearings make an important component of a machine that enable a smooth movement of the machine parts. Most bearings facilitate the desired motion by minimising friction.

New Growth Avenues

Warehousing segment in India is evolving fast and is moving towards palletised loads which can be stored at heights.

Customers prefer fast charging batteries

Eternity Industrial Batteries (India) offers the complete range of batteries for material handling equipment applications. Aman Chadha, Managing Director, shares more on the company and the industry scenario.

1,000-1,500 more AWPs may be required by end of this year

Safety, productivity, and less downtime determine the usage of AWPs in a project. AWPs are not only a safety related equipment, but it also enhances the productivity and speed of the project, thus contributing to the profitability of one's business.

Rental Market for Diesel Gensets

The growing construction market coupled with development of industrial and commercial applications including manufacturing, service sector and events have buoyed the growth of diesel generator rental market in India.

AWPs: Safe working at heights

There is always risk involved in working at heights. Introduction of aerial work platforms has made it easy for workers perform well without any risk of falling, leading to timely completion of the work with higher productivity.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

CE industry remains bullish on long-term prospects

In today's scenario of globalisation, it is important that the buyers put weightage on value for their money and hence prefer quality equipment with advanced technology and customisation.

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