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ACE Launches BS-V AX124 Backhoe Loader at bauma ConExpo
ACE showcased seven innovative products from its diverse equipment portfolio
Building Strong Foundation
The increasing number of construction projects is driving a surge in demand for piling, drilling, and deep foundation equipment.
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.
Building a strong foundation
As India’s infrastructure modernisation drive gathers steam, there is a concomitant rise in demand for foundation equipment across the spectrum.
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.
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.
Towering Ahead!
The rapid expansion of the real-estate sector and the emergence of high-end infrastructure projects are driving the demand for tower cranes.
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.
Paving the way ahead
While recent times may have been tough on construction equipment manufacturers, the compactor market is still brimming with optimism.
Karan Chechi, Director, TechSci Research, speaks on major demand drivers in medium and heavy-duty mobile cranes market.
Karan Chechi, Director, TechSci Research, speaks on major demand drivers in medium and heavy-duty mobile cranes market.
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.
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.
Crushing it!
With an increase in mining activities and infrastructure development in India, the demand for crushing and screening equipment will also rise.
Towering over
Tower cranes are expected to a see a surge in demand with the spurt in infrastructure development projects.
Laying a strong foundation
The demand for foundation equipment in India has been growing at the rate of 25 to 30 per cent year on year basis.
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.
Crushers & Screens: Gaining Momentum?
The growing aggregate requirements in the infrastructure projects and the improving mineral mining activities in the country demand crushers and screens in large numbers. But with some roadblocks pose as challenges in this positive scenario, can the crusher segment gather momentum
Open Letter to Finance Minister
The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India?s GDP.
From Recovery to Growth
In the past few months, the mobile cranes business has been improving quietly. The market is recovering and moving towards growth.
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.
Riding on infra push
Pick-up in infrastructure spending and construction activities is expected to drive the demand for tipper trucks in the coming years.
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.
"Customers NOW prefer higher capacity equipment"
With the impending revival of infrastructure sector and the government's definitive focus on growth, sales are expected to rise in the coming days.
"The industry is on an upswing"
Considering these positive trends, we expect at least a double-digit growth of the construction equipment industry in the next 5-10 years.
Aggregate Boom,Policy Gloom
Crushers and screens market is poised for a demand boom with the focus slowly shifting towards higher capacity machines to meet the growing demand for aggregates.
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.
We are committed to going one step further this year
The construction equipment (CE) industry is continuously evolving through various innovations in application and product range. Change in technology creates new opportunities to manufacture a better product with improved ways of using it.
Productivity and cost are key in equipment selection
We are involved in almost all types of construction projects, both in India and abroad. We are the pioneers in pile foundation works in India and execute various kinds of piling works like cast-in-situ driven piles, precast driven piles, jointed precast piles, precast pre-bored piles, bored piles, steel piles, composite piles, marine piles etc.
Making rapid strides
Motor graders have seen unprecedented growth in the past couple of years, which is expected to continue in the coming years as well with road projects continue to grow.
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.
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.
Of Truths & Dares
The Indian economy is to grow at 7.5 to 7.75 per cent GDP, which by global standards, is the highest growth. However, the impact on the ground is minimal.
On Course for Success
Road construction is driving the Indian compactors market. This is expected to continue. ?Most of the current demand for both soil and tandem compactors is for road projects,? says Ramesh Palagiri, Managing Director & CEO, Wirtgen India.
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.
CE industry is to grow in the long term at a CAGR of 17.5%
The construction equipment (CE) market in India will be driven by increased activity levels in every sector as there are massive infrastructure gaps yet to be bridged, says Samir Bansal, General Manager, India, Off-Highway Research.