Decline in Italian CE Market

Italy’s 2024 construction machinery market drops 13 per cent, with road machines seeing modest growth

Road ahead for CE industry

Driven by increased government spending, rapid urbanisation, technological advancements, and the ‘Make in India’ initiative, the RAHSTA (road) ahead for the CE industry is bright with full of possibilities and opportunities.

Maximising Uptime

India bearings market is projected to reach $6714.8 million by 2032, growing at a CAGR of 13.5 per cent from 2024 to 2032.

Earthmovers Surge Ahead

Earthmoving equipment sales soar 21 per cent in FY24, dominating the Indian construction equipment market.

India’s CE market is growing rapidly due to urbanisation

KYB Conmat, one of the leading global concrete equipment manufacturers, produces concrete batching plants, paving machines, pumps, transit mixers, and self-loading mixers. Kalpesh Soni, Vice President, Marketing, KYB Conmat, speaks on the recent innovations and advancements in their product line.

Our compaction products are a true testament to Atmanirbharta

Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, offering a comprehensive range of products and services in over 140 countries. Dimitrov Krishnan, Managing Director, Volvo Construction Equipment India, speaks on the company’s growing focus in the compaction business in India, and how it aligns with their broader goals and vision.

Italian CE market sees slight dip in 2023

Road machines market remains stable, earth moving machines decline.

CASE Construction Equipment Unveils Innovations at CII EXCON 2023

CASE Construction Equipment makes strides in sustainability and safety at CII EXCON

Eyeing New Heights

The construction equipment and equipment financing industries experienced a series of highs and lows throughout 2022. As the new financial year starts, both sectors turned their attention to infrastructure as the driving force for future growth.

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.

Enhancing efficiency

India’s construction equipment market is growing quickly, and this is stimulating demand for bearings. The bearing industry is expected to grow at a rate of 9 to 10 per cent in the years ahead.

We have a positive outlook on future of power transmissions products

We have been participating in Excon, since its sixth edition. Over these editions, we have gathered many a positive experience and have watched this exhibition, mirror the growth of the construction equipment industry in India.

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.

The market scenario in India looks promising

Dheeraj Panda Chief Operating Officer (Sales, Marketing and Customer Support) Sany Heavy Industry India.

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.

NIP can make CE tick

As per the ICEMA report, the Indian construction equipment (CE) industry has experienced a 23 per cent drop in sales at the end of the third quarter of the current financial year (Q3FY22) compared to Q3FY21.

Italian CE market grows in 2021

In the twelve months of 2021, 22,000 construction machines have been placed on the Italian market, up 30 per cent if compared to 2020. Data were presented by Unacea in a digital press conference held last 1st February.

CII Excon 2021 to aid India to become second largest CE market by 2030

The Confederation of Indian Industry (CII) has announced the 11th edition of Excon, South Asia’s largest construction equipment, and construction technology trade fair, which will take place at the Bangalore International Exhibition Centre (BIEC), Bengaluru from May 17-21, 2022.

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.

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.

Covid-19 has expedited the transition from manual processes to automated systems”

The demands on controllers and sensors used in construction machines, municipal vehicles, agricultural and forestry machinery, port facilities and cranes are extremely high. Units and machines are permanently exposed to harsh environments like heat, cold, moisture, mud, dust, shocks and vibrations and often even thunder and lightning.

Sanjay Koul of CMD, Timken: Govt programmes will have direct impact on demand for bearings

Sanjay Koul, Chairman and Managing Director, Timken India, speaks on the latest trends in bearings for construction equipment (CE) applications, and emerging technology trends.

ICEMA inaugurates new office in New Delhi

Strengthening the Indian Construction Equipment Manufacturers Association (ICEMA) secretariat by way of setting up of a new office space in New Delhi is an integral step towards achieving the Industry’s Vision Plan 2030: Building the Nation” said Sandeep Singh, President ICEMA while inaugurating the newly opened office.

Construction Technology: The need of the hour!

CW is organising the CONSTRUCTION TECHNOLOGY SUMMIT on July 22-23, 2021, virtually to identify proven, innovative and globally established construction technologies.

ICEMA inaugurates new office in New Delhi

ICEMA’s New Office to help drive Construction Equipment Industry’s Vision 2030 Plan

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.

Govt programmes will have direct impact on demand for bearings in the CE market

Sanjay Koul, Chairman and Managing Director, Timken India Limited

There is scope for localisation of parts as some of the bearings are still imported

Rangababu Ch, Segment Leader Heavy Industry, SKF

We are committed to being a technological partner to CE OEMs

Pramod Francis, Head – Application Engineering, CCTY Bearing India

Italian CE market remains stable in 2020

During the 12 months of 2020, 16,962 construction equipment have been sold in the Italian market, with a stable trend compared to 2019 (+0.2 per cent). More in detail, earth-moving machines sold were 16,251 (0 per cent), and 711 were road machines (+15 per cent).

Italian CE market remains stable in 2020

During the 12 months of 2020, 16,962 construction equipment have been sold in the Italian market, with a stable trend compared to 2019 (+0.2 per cent). More in detail, earth-moving machines sold were 16,251 (0 per cent), and 711 were road machines (+15 per cent).

Indian CE market to regain growth

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

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

Contractors are increasingly using machine control technologies

Samip Desai, Director, Moba Mobile Automation (India), talks on the growing importance of control technologies and solutions offered by the company.

Filters in New Normal, New Norms

Construction and mining machinery operate in extreme conditions of weather, terrain and environment. They need to withstand these odd conditions and perform the task with minimum downtime.

Demand in 2021 will be better than this year

Timken has been manufacturing in India for the last 30 years. Sanjay Koul, Managing Director, Timken India, explains the current market scenario and the company’s products and solutions for the CE market.

We are preparing ourselves for the future

With timely planning and execution, the government will be able to alleviate the current situation and lead the construction market on the road to recovery. Puneet Vidyarthi, Brand Leader, CASE India, CASE Construction Equipment, shares more on the market scenario.

Can India be an alternate manufacturing base?

Even before COVID 19 crept up upon us, our roads sector had already hit a speed breaker. Construction of highways slowed to 27 km a day during April-January against 29.7 km a day achieved in 2018-19.

The long-term growth for construction equipment is intact

India's infrastructure sector is poised to grow significantly with the increasing demand for development of key infrastructure projects.

The World Has Changed

While at EXCON 2019, Union Minister Nitin Gadkari brought smiles to the faces of the worried construction equipment (CE) industry captains, the pandemic outbreak has wiped that smile into oblivion.

COVID 19 Impact

With more than 42,000 lives lost and over 850,000 positive cases worldwide in around 200 countries, the coronavirus disease (COVID 19) is continuing its destructive act on the world. The world is on a war footing to prevent the spread of the deadly virus.

Steering Growth

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

We have a portfolio of advanced products

Equipment working at construction and mining sites are open to extreme conditions. Rupinder Paintal, Director of Market Development, ExxonMobil Lubricants, elaborates on the new generation lubricants that can enhance the efficiency of construction and mining equipment.

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.

Backing Infra Growth

Super Performer

Doosan Bobcat India has been the consistent performer, winning the EQUIPMENT INDIA Bestseller Award in Skid-steer loaders for the past five successive years.

Cautiously Optimistic

The government's various initiatives on revival of infrastructure sector and favourable policies have driven the growth of Indian construction equipment market in the past 2-3 years.

We Will Continue to Expand Our Capacities in the Next 3-5 Years

By delivering high-precision bearing solutions and systems for a large number of industrial applications, the Schaeffler Group is shaping "Mobility for tomorrow" to a significant degree.

We expect good progress in make-in-india schemes

Kavitsu has the manufacturing capability of producing slew bearings of up to 3,200 mm and the company is planning to increase the capacity to 5,000 mm.

The bearing industry outlook is good for next two years

NTN has been a leader in bearings for the construction equipment (CE) segment. Ramnath Shenoy, Executive Director, NTN Bearings India, elaborates more on the products and solutions from the company.

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.

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.

Reaching out to infra needs

Government's high spending on infrastructure projects drives the demand for construction equipment while earthmoving equipment being the largest used equipment category leads the growth.

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.

"Rental companies are backbone of Indian CE market"

For the next two years, at least the construction equipment rental companies will have to work both in an environment of uncertainty as well as promise of strong market.

Indian CE Market Overview

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

We plan to invest Close ?40 million in India

Schaeffler rolling bearings and plain bearings significantly contribute to the outstanding performance of a large variety of construction equipment worldwide. Harsha Kadam, Industrial President, Schaeffler India, shares more on the company's presence in India and future plans for the market.

Attachments: Save big

In construction and mining equipment, attachments can play crucial role to bring in productivity and economy in operations. These attachments are being used in construction, mining, and material handling operations. In construction, these secondary tools are used to demolish old structure and reconstruct a new one

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.

Ambitious on Indian infra sector

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India's overall development and enjoys intense focus from government for initiating policies that would ensure time-bound creation of world-class infrastructure in the country.

Infrastructure 2.0

Infrastructure development has always been on top of the agenda for our country. Every government has given due importance for the development of infrastructure facilities such as roads, railways, ports, airports, and industrial infrastructure of the country.

Budget Boost

Budget 2018-19 rang in on 1st February for the second consecutive year in history. The budgetary expenditure on infrastructure for 2018-19 is being enhanced by Rs 1 lakh crore to Rs 5.97 lakh crore against an estimated expenditure of Rs 4.94 lakh crore in 2017-18.

New year, New opportunities

The CE market is on a role with a lot of actions in the infrastructure development underway while many are in the pipeline. The new year is definitely a year of opportunity for CE industry in India considering the new life the infrastructure has gained after the corrective actions of the government on the bottlenecks in various projects.

The Show of Technology Prowess

Excon 2017 is all set to open its floors for the five-day mega technology feast on December 12, 2017. This year marks the ninth edition of the Excon, which has a 17-year strong legacy being organised since 2000.

We expect Excon to be more vibrant and industry-specific

With the revival of road construction projects in India, the market for construction equipment (CE) and road building equipment- such as crushing and screening plants and RAP-mixing asphalt plants - is expected to open up in a big way.

We will have our biggest presence in Excon this year

The construction equipment (CE) segment has already been riding a massive infrastructure push by the government. The CE market grew by around 32 per cent in 2016-17 (unit sales).

We expect to strengthen ties with our existing customers

The industry seems to be gradually moving out of the sluggishness. The impetus of the new infrastructure projects seems to have come in at an opportune time and soon we shall see the much-needed vibrancy in this high potential industry

Excon will further boost the mood of the construction industry

There has been substantial growth in the overall construction equipment (CE) market in the last one year due to huge investments being made by the government for infrastructure development in the country.

We desire to provide Affordable Uncompromised Mechanisation

The government has estimated a total infrastructure spending of about 10 per cent of GDP during 2012-17, up from 7.6 per cent during the 2007-12 period.

We are launching new products at Excon

Government of India has given impetus in fast tracking various infrastructure projects, especially in road, railways, ports and airports sectors. There are also large irrigation projects under construction in Andhra Pradesh and Telangana states.

we are showcasing electro-hydraulic products among others

The current industry scenario seems encouraging. We are already witnessing good growth from both earthmoving and road construction segments, especially from platforms like excavators and loaders. This growth is expected to sustain with the government looking at investing in smart cities as well as developing infrastructure projects.

We will be showcasing our latest products first time in India

Indian construction equipment (CE) industry was always expected to be poised for growth and what we are now witnessing is realisation of these expectations. The industry is maturing both in the scale and breadth of equipment being manufactured across market segments.

More engines of growth needed

Off-Highway Research reports a turnaround in the global construction equipment (CE) market, which is expected to grow 16 per cent this year.

We expect a business growth of 15-20 per cent in 5 years

AKSH has a vision to become the leading Indian manufacturer of slew ring bearings with world-class engineering and product quality. Pratik Gokhale, Director - Sales and Marketing, AKSH Manufacturing Pvt Ltd, elaborates on the company's presence in the market and future plans.

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.

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.

Italian CE market up in 2016

According to Unacea, the Italian construction machinery association, 10,984 machines have been sold in the Italian market in 2016, 26 per cent more compared to the previous year. Figures consist of 10,517 earthmoving machines (+25 per cent) and 467 road equipment (+44 per cent).

GROWTH STORY TO CONTINUE

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

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.

Setting New Standards

SAMIL aims to capture a large share in the market as the government has allotted huge amount towards construction of new highways and road network all over the country.

Waking up to New Demand

The demand for crawler dozers is expected to be driven by the various government-sponsored infrastructure projects coming up in the country, and the new momentum in the mining industry.

backhoe loaders:flat Growth

Backhoe loaders are passing through a challenging time for the past few years. Market is registering a flat growth with some indications that it is shrinking.However, now there is optimism among the leading players in the backhoe industry

Excavators to Dominate

Within the Indian construction equipment industry, the crawler excavator segment is the largest by value and the second largest, after backhoe loaders, in terms of number of units sold.

Diggers to get busier

The numbers published by ICEMA clearly shows that there is a slight uptake on the larger equipment like excavators and wheel loaders. In the smaller equipment like mini excavators, backhoe loaders etc have still to pick up the trend. Elaborating the prevailing scenario and the growth drivers.

Exact raw materials and mechanisms are still not available

The Procurement trend is still price-based. The contractors do not have the proper expertise for proper validation of tower cranes with respect to the quality

Movers & shakers

Our core strength lies in manufacturing

We have come out with Phase I with the launch of three products. Phase II, basically excavators, will be launched looking at the market trends. Beyond that it is going to be the cranes. This is how our company is going to proceed

Rentals will be the solution for the future

Knowledge and skill upgradation are vital and that is where Quippo plays an important role. We continuously devote time to upgrading knowledge; training is a continuous activity in our organisation.

We have to prepare for the future.

We have a Special Interest Group (SIG) in construction and heavy engineering and one of the group?s focus is on talent development, says Samir Yajnik, President - Sales and COO, Asia Pacific, Tata Technologies. Excerpts from the interview.

Elofic has been growing at 20 per cent every year.

By offering filter and oil together to the customer, we are in a way, offering a complete protection package that gives the customer, the confidence, says KD Sahni, Joint Managing Director, Elofic Industries. Excerpts from the interview.

German companies are planning more investments in India.

German investors are taking a positive long-term view of Indian market and continue to invest in their operations to tap growth opportunities. Maharashtra, with around 39 per cent share of German investments, remains the most attractive destination, says Rajesh Nath, Managing Director, VDMA India. Excerpts from the interview.

Ajax Fiori Bullish on CE Market

Ajax Fiori invests in a new factory for concrete batching plants and also inaugurates a new bigger parts logistics centre.The company is widening its indigenous manufacturing range including planetary mixers in technical collaboration with Eurostar, Italy.

The Rupee Impact

The depreciation of the Indian rupee has had its adverse impact on the manufacturing sector, especially OEMs who import various components. To the extent possible, OEMs are trying to localise production, but that is just a part of it. What the industry is looking is for concrete measures that can bring life back into the economy and trigger growth in a sustainable way.

Our core competence lies in our fast after-sales service and flexible warrantee policy.

Friends Equipment, engaged in the sales and service of construction equipment, offers a wide range of products at a reasonable price along with spare parts supply. ?To be more close to our customer, we provide operation and maintenance services and the installation and dismantling services for the offered product, says Rajeev Kumar

We enjoy a monopoly in some segments because of the matchless attributes we offer.

Moba has rich expertise in mobile automation backed up by robust electronics, sensors with high quality, and strong technical application knowledge which has enabled Moba to build solutions which are effective, reliable and easy to operate. Such systems demand the withstanding the highest degree of vibration, exposure to dust, water and heat

The group will invest over EUR one billion to further strengthen and expand ZF's position.

ZF is a leading worldwide autom?otive supplier for driveline and chassis technology, with 121 companies in 27 countries. In 2012, the group achieved a sales figure of EUR 17.4 billion with about 75,000 employees. ZF was founded in 1915 for the development and production of transmissions for airships and vehicles.

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.

BHL Continues to Rule the Roost

The world over, construction practices and methodologies determine the selection of the type of equipment, to a great extent. However, in India, backhoe loader (BHL) controls the lion's share of the total equipment sale; it is wheel loaders that dominate the Chinese CE market and crawler and mini excavators that control the European and American markets.

We have been in the forefront of knowledge offering for fuel efficiency.

Currently, our focus is on modernisation and being able to add value inside the company. This includes cost-cutting and improving overall efficiency, says Kapil Sehgal, Director, Bucher Hydraulics. Excerpts from the interview.