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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.
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.
S. Chandra of Liebherr: Crane equipment rental has good future
Subhajit Chandra, Divisional Head – Mobile Crane Division, Liebherr India, speaks on how the market for medium and heavy-duty mobile cranes is progressing in India.
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.
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.
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?
FROM RECOVERY TO GROWTH
The construction market in India is the second largest in Asia-Pacific Countries (APAC) region and is expected to become the fastest growing market in the region by 2025.
We are displaying our new model LTM 1250-5.1 crane
The current equipment industry scenario is quite different. During last bC India, the market was going through a crisis. The requirements were on decline and sale had dropped considerably. This year, the situation is much better.
Pick-n-Carry Hydra: Bestseller
As the Numero Uno bestselling lift and reach product, Hydra crane still continues to be the most demanding mobile crane category in India. Tyre-mounted articulated steering, hydraulic mobile pick-and-carry crane, colloquially termed ?Hydra?, was introduced in India
Heavy Lift Anablers
India has witnessed an influx of new software-assisted multiple application-specific boom configured heavy lifters. Despite the economic slowdown taking the wind out of the sail for the heavy lift cranes? suppliers
High Tonnage Cranes
Considering tyre-mounted cranes of above 300T capacity and crawler cranes of above 600T capacity as high tonnage cranes, there are still very few players in this segment, writes Ajay Kumar Somani.
Stalled but Hopeful
In spite of the present slowdown and resultant sluggishness in the CE market, the long- term growth prospects are still intact; and experts view the huge infrastructure deficit as a major growth driver and prudent steps from the government can bring India back on the growth trajectory.