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.

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.

No Bumps in the Road

India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.

On a high growth path

The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.

On a high growth path

The government's focus on infrastructure development is expected to drive the demand for mini construction equipment.

Fuelling the future

Backhoe loader manufacturers are developing hybrid or fully electric backhoe loaders, which significantly reduce or eliminate fuel consumption and emissions.

Steering the market

Skid-steer loaders segment is one of the only few segments that has shown an increase in sales in 2022 as compared to 2021. The enormous growth in the market value of the construction sector will further fuel the nation's high demand for skid steer loaders.

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.

An Upward Trend for CE Industry

Off-Highway Research forecasts the market to grow by 9 per cent to 89,350 units in 2023 but predicts it to fall 7 per cent to 83,350 units in 2024 (the general election is scheduled that year).

Creating Compact Foundations

The upward trend of mechanisation in the construction and road-building industries is expected to drive the compaction equipment market in India.

Up-grading roads!

The road construction industry in India is undergoing a paradigm shift. Robust demand, higher investment and significant policy support in the road construction industry are driving the demand for motor graders in India.

ACE’s Sorab Agarwal is Equipment India Person of the Year 2022 at 8th India Construction Festival

Besides, the 10th Equipment India Awards 2022 presented 18 awards to construction equipment companies

CE industry stalwarts honoured at Equipment India Awards 2022

Besides, the 10th Equipment India Awards 2022 presented 18 awards to construction equipment companies

Komatsu wins Innovation of the Year award for KOMTRAX

Komatsu India won the Innovation of the Year – Components & Accessories award for their product – KOMTRAX – during the 10th BKT Tires Equipment India Awards 2022

LiuGong India wins Equipment India award for wheeled loaders

LiuGong India won an award in the Bestseller in Wheeled Loaders category during the 10th BKT Tires Equipment India Awards 2022

Schwing Stetter bags Green Factory of the Year award

Schwing Stetter India won the Green Factory of the Year award during the 10th BKT Tires Equipment India Awards 2022

JCB wins big at Equipment India Awards 2022

JCB India bagged three awards during the 10th BKT Tires Equipment India Awards 2022

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.

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.

Chasing Growth!

Despite rising input costs and transition to CEV stage-IV engines, the CE market is expecting a growth of over 11 per cent in 2022-23.

Paving the way ahead

While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.

An evening to cherish

The 9th Equipment India Awards 2021 recognised the top performers of Indian construction equipment industry. In a colourful ceremony held at Four Seasons in Mumbai, the winners received the awards for their achievements in the respective segments.

Arvind K. Garg is EI Person of the Year 2021

Garg was awarded at the 9th Equipment India Awards.

ACE wins big at EI Awards 2021

ACE bagged two awards – Innovation of the Year and Bestseller Mobile Cranes.

Propel bags ‘Emerging CE Company of the Year 2021’

Propel was awarded at the 9th Equipment India Awards.

Schwing Stetter wins ‘Trainer of the Year 2021’ at EI Awards

Schwing Stetter was awarded at the 9th Equipment India Awards.

Bonfiglioli wins ‘2nd Rank – Innovation of the Year’ at EI Awards

Bonfiglioli India was awarded for its innovative drive designed in India for girder transporter used in high-speed rail project.

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.

Restart of govt flagship programmes will lift up excavators market in 2021

According to the Off-highway Research, the sale forecast for crawler excavators from 2019-2024 is 24 per cent whereas the mini excavator market is expected to grow by 39 per cent during the given duration.

Rural economy driving demand

Boosting economic growth is currently a major challenge for the government to achieve its dream of making India a $5-trillion economy by 2024, writes Samir Bansal of Off-Highway Research.

bauma CONEXPO India Cancelled!

bauma CONEXPO India is a melting pot of knowledge, deals and networking. We explores what the cancellation of this year’s edition means for the industry.

Graders for the future

Motor graders are having their moments under the sun. Infrastructure projects are pushing up demand for these machines.

Indian CE market to regain growth

Samir Bansal of Off-Highway Research writes on the market and sales scenario of Indian construction equipment market.

CE industry: On the road to recovery

The rural economy has also been driving sales of construction equipment. A good monsoon, record agricultural production and huge procurement by the government agencies along with a focus on rural infrastructure are all attributable to increasing rural prosperity.

EQUIPMENT INDIA Awards 2020

At the 8th Annual Equipment India Awards 2020, hosted virtually, the top performers of Indian construction equipment industry were felicitated for their achievements in the challenging times.

ICF 2020: A Virtual Construction Extravaganza

Just when the 2020 financial year was coming to a close, it was hit by the COVID-19 pandemic. While the industry was already battling issues such as a liquidity crunch, rising bad loans, slowdown in capex, project delays and insolvencies, among others, the last quarter witnessed growth in the negative territory for most businesses. However, despite obstacles and uncertainties being at their peak, a few entities managed to persevere and prevail, posting growth and exhibiting excellence.

More than 2,800 exhibitors to participate in bauma CHINA

Despite the challenges due to Covid-19, the show will fill all 17 halls and the outdoor area at the Shanghai New International Expo Centre (SNIEC).

EQUIPMENT INDIA Awards 2020 to be held online

In the prevailing pandemic conditions, The 8th Annual EQUIPMENT INDIA Awards will be held virtually on October 15, 2020

Backhoe Loaders Bouncing Back

In the current market conditions, the customer focus will be on equipment with better productivity and cost saving. Backhoe loader with its multi-utility advantage and competitive price will drive the demand in the current market scenario.

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?

Franna announces expansion into India

Franna, a leading provider of mobile pick-and-carry cranes under Terex brand, is set to expand its global manufacturing footprint into India in order to support international growth plans.

Franna announces expansion into India

Franna, a leading provider of mobile pick-and-carry cranes under Terex brand, is set to expand its global manufacturing footprint into India

Challenging Terrain

The hydraulic excavator market in India has been impacted by the slowdown after the onset of COVID-19 pandemic.

Grading the Future

The current market conditions are tough for motor graders since the projects are not active due to the coronavirus impact.

Global construction equipment production to be 4 per cent down

The global construction equipment industry is expected to lose production of 43,000 machines this year after factory closures and national lockdowns around the world, according to Off-Highway Research. This is equivalent to 4 per cent of last year?s total output of 1.07 million machines.

Steering Growth

Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.

CE Market to Bounce Back

Off-Highway Research forecasts that the market for construction equipment (CE) will dip in 2019 but follow an upward trend thereafter during 2020-2023. Samir Bansal elaborates.

Flurry of road bids expected

According to the latest reports, India's GDP growth rate slipped to 4.5 per cent in the July-September quarter of this fiscal.

EQUIPMENT INDIA AWARDS 2019

The 7th Annual Equipment India Awards 2019 recognised and rewarded the top performers of Indian construction equipment industry.

Thwarting challenges

The construction equipment (CE) market was predicted to be flat this year due to elections and uncertainty in the new political scenario. The industry was cautiously optimistic.

Backing Infra Growth

Mobile crane sales peak in India

According to a market research report by Off-Highway Research, sales of mobile cranes hit an all-time high of nearly 12,000 units in 2018, with some 96 per cent of demand being for locally manufactured pick-and-carry cranes.

On Sustainable Growth

The portable air compressor market is growing consistently in the past couple of years, which is to continue in the coming years as well with most of the application markets are picking up.

Loads of Opportunities

With the construction activity picking up and mining operations reviving in India, new opportunities are knocking at the doors of the wheel loader market.

Bigger Digger

Optimum utilisation of excavators is of utmost importance for the economic operation of the machine. All hydraulic excavator OEMs have introduced matching technologies for the optimum performance of their machines.

We are mindful of modernising our capabilities

With four facilities for manufacturing hose assemblies, tube assemblies, hose fittings, adapters and fabricated parts Uniflex looks forward to further modernize and expand its facilities.

New paving technologies

Paver market in India is picking up with the growing road construction projects. Both asphalt and concrete paver markets see positive growth in the coming years.

Infrastructure momentum to continue

Global construction equipment sales hit an all-time high of 1.1 million units in 2018, with a retail value of approximately $110 billion, according to Off-Highway Research.

Pushing Growth

Motor grader market has seen growing in the past couple of years with applications spreading into rural road projects as well as in highways.

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.

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.

SHOWTIME!

In spite of the positive sentiments in the construction and infrastructure industry, there are some risk factors visible which could affect the growth of the industry temporarily.

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 loader industry continues to grow"

The backhoe loader industry in the past two years has grown consecutively over 20 per cent year-on-year.

Indian CE Market Overview

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

6th Annual Equipment India Awards 2018

The sixth Annual EQUIPMENT INDIA Awards 2018 recognised and rewarded the top performers of Indian construction equipment industry.

Caterpillar launches next-generation 20-ton excavator portfolio

Caterpillar India announced the launch of its next generation 20-ton class excavators, Cat 320D3 and Cat 323D3 to cater to the Indian construction industry. The new machines are manufactured at its Thiruvallur manufacturing plant in Tamil Nadu, India.

Global equipment sales see 12 per cent growth in 2018

Worldwide construction equipment sales are expected to increase 12 per cent this year, according to Off-Highway Research. This will take total sales to almost one million units in 2018. The total retail value of sales is expected to approach $99 billion

Capacities huffing and puffing

It's one year since the unified tax system of Goods and Services Tax (GST) came into force. GST has been a game changer in its vast sense considering the difficulties faced by the industry in terms of multiple tax structure.

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.

Indian CE Market: AN Overview

Strong domestic demand generated by ongoing infrastructure development projects resulted in the construction equipment market rising to an all-time high of 72,197 units in 2011.

Infrastructure: The Way Forward

The total sales of 72,745 units of construction equipment in 2017 against 66,613 in 2016 brought back some sheen. The easing up of GST rate from 28 per cent to 18 per cent helped breathe but the launch of infrastructure projects brought a smile to the industry.

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.

Backhoe Loaders: Back in Action

Backhoe loader is the front-runner among the infrastructure equipment used in the country with almost 50 per cent of the market share in number of unit.

The big movers

Being the major equipment class in the infrastructure development activities, Earthmoving equipment sees further demand growth in future owing to an anticipated growth in construction activities.

On A moderate growth

Pick-and-carry crane is a product that is unique to India. It has a rigid (as opposed to a revolving) superstructure, and is essentially a material handler that is used on a wide variety of light lifting tasks which in other countries would probably be done by an industrial crane or a telescopic handler.

Facilitating efficiency

Bearings fulfill a number of important functions, starting with their ability to reduce friction. Other primary functions include supporting a load, promoting the efficient transmission of power and ensuring alignment is maintained.

Back on Growth Path

Global sales of construction equipment are expected to increase seven per cent this year, according to updated forecasts from specialist market intelligence company, Off-Highway Research.

INFRA INFRA INFRA

The growth of the infrastructure industry is expected to drive the global construction equipment market. Sounds familiar? Global experts believe that this increase can be attributed to upcoming construction projects around the globe, primarily in developing nations.

CHANGING PARADIGM

The Indian construction and infrastructure segment has witnessed a turnaround over the last few years with some organised growth visible in various construction activities.

Equipment India awards & ceo forum 2017

It was 6.15 p.m. with 15 minutes more to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.

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.

Equipment India Awards 2017 and CEO Forum

The evening of April 21, 2017, was a proud occasion for Equipment India as the industry stakeholders gathered in large numbers at New Delhi's heritage Claridges Hotel, to celebrate the 4th Annual Equipment India Awards and be part of the high-level discussion at the CEO Forum.

Paving a Growth Path

While the paver market is gearing up for phenomenal growth, sensor pavers are expected to have a smooth ride due to the demand for quality roads in the future.

Revs up to Start

BAUMA CONEXPO INDIA, the international trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction machinery is being held for the fourth time from December 12 to 15, 2016 at the HUDA grounds in Gurgaon near Delhi.

Clean Diesel Engines

To begin with, Off Highway Research, a part of KHL group in their half yearly report that in terms of percentage growth, India is expected to be the most buoyant major market in the near-term, with 21 per cent growth forecast this year

3rd Annual Equipment India Awards & CEO FORUM

The evening of March 16, 2016 was a matter of pride for EQUIPMENT INDIA as a large number of stakeholders from the construction equipment (CE) community gathered at the Commission Hall of FICCI Delhi to celebrate, in letter and spirit, the 3rd Annual Equipment India Awards.

Global CE Market to Improve

Global sales of construction equipment (CE) are forecast to grow 3.9 per cent in unit terms in 2016, to 760,508 machines, according to specialist economic forecasting and market research consultant, Off-Highway Research.

Intelligent Compaction

Performance and productivity remain key issues for compactor manufacturers, with firms keen to enhance output from their latest units. EQUIPMENT INDIA takes a peek into the features major OEMs have built in, in terms of improving machine

Diggies to Scoop the Growth Pie

Market indicators show visible signs of economic recovery and infrastructure development. Crawler excavator segment is expected to witness resurgence in sales from 2015 and is expected to grow to 26 per cent.

Mining Growth

India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.

Versatility to Steer Growth

As the affordability of the skid steers becomes more attractive with respect to the loader backhoes, its popularity will increase among the hiring segment that will up the demand curve. The current demand for skid steer is not quite promising.

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

CE Sector to Grow

Among the major global markets for construction equipment, the demand of construction equipment in China suffered a steep decline after peaking in 2011. This trend continued in 2014; however, future demand forecast is expected to be stable.

Steering the Growth

Skid steer, the little cute machine, is steadily carving a niche amidst the Goliaths of construction equipment space. Such a versatile piece of machine when clubbed with a variety of attachments, still has not got its due yet.

The Customer is King!

The takeaway was simple. Every Equipment India (EI) Award winner had one person to thank above all: the customer. Dedicating the Equipment India Person of the Year award to over 1,500 employees, over 8,000 customers,

The Road Ahead

The need for better infrastructure is pressing with India?s rapid urbanisation and burgeoning middle class. Some 590 million people will live in cities by 2030, and could account for 70 per cent of Indian GDP, according to a McKinsey report.

Mining Potential

With the growing demand for increased output of coal and iron ore and other minerals, the demand for mining equipment and machinery is expected grow manifold.

Moving Ahead

The growth potential for earthmoving equipment in India has never been disputed. All sectors like power, roads, ports, etc. will drive demand. With increasing investment in the infrastructure sector, the earthmoving equipment industry foresees huge demand for CE in the coming years.