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).

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.

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.

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.

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.

Backing Infra Growth

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.

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.

Indian CE Market Overview

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

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.

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

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.

On a recovery mode

The construction equipment industry is experiencing a slump due to the slowdown in the mining industry as well as delays in infrastructure projects and governmental clearances, shortage of funds, environmental concerns. EQUIPMENT INDIA interacts with some of the major players to get the pulse of the industry.

India is developing as an attractive manufacturing base for export of CE

In view of the infrastructure development needs in every sector and the government's massive and investment plans, Off-Highway Research forecasts the Indian construction equipment market will grow to over 100,000 units by 2017,

CE market to cross 100,000 mark by 2017

IN view of the problems faced by the economy currently, Off-Highway Research forecasts the market for construction equipment (CE) will remain flat in 2013, but expects it to grow in the subsequent years to peak at over 100,000 units by 2017.

bC India 2013 will contribute to improve current market sentiments

BC India 2013 is a special edition and it has grown tremendously, even in times of general economic slowdown. We will have more exhibition space than in 2011, more exhibitors and expect more visitors. The positive feed?back from exhibitors and visitors showed us that there was a need for a construction equipment show in Mumbai and that we introduced the show at the right time, says Thomas Loffler, Chief Executive Officer, bC Expo India.

bC India will create confidence in the market and improve the business situation.

Looking at the need of infra?structure developments in India in the long run, the CE market has a promising future. We hope that bC India 2013 will contribute to improve current market sentiments, says Thomas Loffler, Chief Executive Officer, bC Expo India. In a chat with EQUIPMENT INDIA, Thomas stresses the fact that they will be able to offer all visitors an even more representative market place at bC India 2013.

Waiting for action

The infrastructure segment and sales figures for construction equipment have witnessed a major slowdown in 2012. On a calendar year basis, the market has dipped by 10-15 per cent, primarily on account of slowdown in allocation of new contracts, various statutory clearances on execution side, funds flow, governance and environmental issues in mining segment and real estate slowdown.

Fuel and Energy Efficient Machines

In an intensely competitive market, OEMs are no more just technology providers; rather, they are keen on providing total solutions specific to a project.

The Big Ones Get Better

Sales of crawler excavators, which grew until 2008, declined by 20 per cent in 2009 but recovered strongly to 11,453 units in 2010, a growth of 44 per cent.

Road Equipment: Green Light for Road Equipment

With more than 60 per cent of the cargo movement being done by the road network, the focus will be on road infrastructure which in turn, will provide great impetus to the growth prospects of road construction equipment.