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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.

CE production to be 4 per cent down

The global construction equipment (CE) 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.

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.

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.

CE sales to remain high

The latest Off-Highway Research report forecasts a stable global market for construction equipment (CE) in 2019, similar to 2018.

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

Indian CE sales to up 15 per cent

Sales of construction equipment (CE) in India are expected to rise by 15 per cent this year. According to the latest Off-Highway Research data, sales of earthmoving, road building and material handling equipment, along with portable compressors, should reach 90,115 units this year, representing a growth of 15 per cent compared to 78,109 machines sold in 2017.

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.

bC Expo India sees positive vibes in CE sector

The construction equipment (CE) market in India is booming. Industry outlook for CE sector is promising and growing due to many infrastructure projects initiated by the Government of India. Roads and irrigation sectors are driving the demand for CE sector.

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.

Excavator sales set to jump 24 per cent in 2017

According to Off-Highway Research?s new report, The Global Hydraulic Excavator Industry, the world excavator market is set to jump 24 per cent to almost 461,000 units this year, thanks to robust growth in Asia. Excavator sales in China are set to more than double in 2017 from the low of 2016, while demand in India will see robust growth, third year in a row.

Global CE market sales to grow 16 per cent in 2017

The global construction equipment (CE) sales are expected to grow 16 per cent this year, according to an Off-Highway Research report. The equipment sales worldwide are expected to exceed 810,000 units in 2017, with a value of more than $80 billion.

Construction equipment sales to grow 10 per cent in 2017

The construction equipment sales in India is expected to grow 10 per cent this year, according to an Off-Highway Research report. Off-Highway Research expects sales to exceed 73,000 units this year, surpassing the previous record sales of 72,492 units seen in 2011. The market in the first half of the year was particularly strong ahead of the implementation of Goods and Services Tax (GST) on July 1.

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.

Motor grader sales to go up 24percent

With increasing demand from road sector, the motor grader market in India is expected to rise 24 per cent over the next five years, according to Off-Highway Research report. The forecast follows a huge 54 per cent leap in grader sales in 2016, and a near doubling of the market in 2015.

Indian CE market buoyant

According to a report by Construction Equipment and Building Materials Machinery Association, in association with VDMA, India?s is the only national market in Asia currently experiencing growth in construction machinery sales.

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.

Indian CE market buoyant in Asia

According to a report by Construction Equipment and Building Materials Machinery Association, in association with VDMA, India?s is the only national market in Asia currently experiencing growth in construction machinery sales.

Global crane market to grow in 2017

According to a new report from Off-Highway Research, the worldwide demand for mobile cranes is expected to bottom-out this year.

Global crane market to grow in 2017

According to a new report from Off-Highway Research, the worldwide demand for mobile cranes is expected to bottom-out this year. Sales of all terrain, lattice boom crawler, rough terrain and truck cranes are expected to total 17,077 units in 2016, an 11 per cent fall from the previous year.

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

Indian CE market to be most buoyant

According to the latest forecast by Off-Highway Research, in terms of percentage growth, India is expected to be the most buoyant major construction equipment market in the near-term, with 21 per cent growth forecast this year, and further improvements out-pacing global average growth in 2017 and 2018. It is expected to be the only major construction equipment market to show growth in 2016.

Over 2,400 companies signed up for bauma China

According to the organisers, more than 2,400 exhibitors have already signed up for bauma China 2016, the eighth International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles.

Rajya Sabha passes GST Bill

Stepping closer to the concept of ?one nation, one tax?, Rajya Sabha passed the Goods & Services Tax (GST) Bill. The constitutional amendment will enable both the Centre and the states to simultaneously levy the GST, which will include all indirect taxes currently levied, including excise duties and service tax.

India?s CE market showing upward trend

India is considered a rapidly growing market for the global construction-machinery industry: Some 46,000 units are expected to be sold there in 2016. Last year, global sales of construction machines declined more than 10 per cent compared to 2014.

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

KHL Group acquires Off-Highway Research

Global construction information publisher KHL Group has acquired the international market research and management consultancy company Off-Highway Research.

Unacea team to take Made in Italy to Bengaluru

Confindustria Modena, Veronafiere-SaMoTer and Unacea will undertake a joined action for the attendance of a group of Italian companies at Excon, a major construction machinery trade fair in Southern Asia scheduled in Bengaluru during November 25-29, 2015.

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.

CE sales to bounce back

Global sales of construction equipment (CE), which have fallen from $106 billion in 2011 to $94 billion in 2013, are expected to further fall to $92 billion in 2014, according to Off-Highway Research.

India?s CE market to grow

Sales of construction equipment in India are expected to hover around the current level of $2 billion between 2013, 2014 and 2015 and grow towards $4 billion in 2018.

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.

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. The mining sector has gone through major challenges in the last few years. For instance, the CE industry

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.

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.

It's time for the show!

The 3rd edition of bC India, which mirrors the pulse of the CE industry, is expected to attract over 30,000 visitors to witness the exciting range of construction and mining equipment and machinery.

8,500 km by March 2015: How Realistic is the Target?

The Union Finance Minister has set a target of 8,500 km of roads to be completed during the current fiscal year, which simply means construction of about 35.5 km of road per day! In the last couple of years,

Market trends and Future Growth

The demand for compaction equipment from the road sector has remained almost stagnant for the past three years owing to the slowdown in construction activities. Road building projects are currently facing major challenges from delays in awarding projects and policy decisions

Maximising Output

Several key trends are emerging in the asphalt/soil compaction market where performance and productivity remain key issues. The OEMs are keen to maximise output from their latest units in terms of improving machine performance, O&M cost and operator safety and comfort.

Unacea gets positive response from SAMOTER 2014

SAMOTER, the international earthmoving and building machinery exhibition, has concluded its 29th edition in Verona, Italy. Unacea has attended the show with a pavilion for 22 of its members, and a networking lounge. During the first day of the exhibition, the Unacea lounge has hosted the Construction Equipment Day 2014.

Grading Up

Time-bound projects need reliable machines, and all equipment manufacturers are trying to innovate and adapt to the latest trends and are in the continuous process of improving productivity of the machine. Agith G Antony finds out product and technology trends in the motor grader segment.