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Home » RCMME » The construction equipment sector is expected to rise by 15 percent

The construction equipment sector is expected to rise by 15 percent

By | September 7, 2023 12:14 pm SHARE

The construction equipment sector is expected to rise by 15 percent
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We are supporting our equipment with innovative service solutions in the field of uptime improvement, and productivity enhancements.

Surat Mehta, Head of SDLG India Business, foresees strong 2023 growth in the earthmoving equipment sector due to infrastructure initiatives (roads, railways, urban development, ports, mining) with a projected CAGR exceeding 10 percent.

What are the current trends and projections for the earthmoving equipment industry concerning infrastructure development?

The construction Equipment industry is growing and expected to be 15 percent higher in 2023 compared to the previous year. Propelled by infrastructure growth, in roads, railways, urban development, ports and mining, the demand is expected to be good for the coming decade and I am expecting it to witness a CAGR OF 10 percent plus. Excavators and Backhoe loaders have a major share, and we are witnessing a growth in compact excavators, wheel loaders and motor graders also

How have recent advancements in backhoe loaders, and excavators impacted the overall efficiency and productivity of construction projects?

Governed by intelligent electronic controls, the equipment optimises the hydraulic energy much better and delivers better fuel efficiency and productivity. Also, advanced engines and hydraulic pumps are reducing energy losses making equipment much more efficient.

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What specific features have contributed to their improved on-site performance?

Higher reliability and durability of the components are helping machines to run for long durations without stoppage and a high focus on the operator’s comfort and safety is making the site performance much superior.

What strategies or technologies have been adopted to overcome these obstacles?

We are using advanced electronic controls on engines and hydraulics in our products to deliver, higher efficiency. Operators are able to run our equipment without fatigue for longer durations, thanks to ergonomically designed operators’ environment

Which best practices or innovations have been introduced to address these issues effectively?

We are supporting our equipment with innovative service solutions in the field of uptime improvement, and productivity enhancements. Our innovations in training and consultancy projects are further helping the users derive more from the products.

What are the potential barriers and incentives for wider adoption of battery-operated equipment in the industry, and what role might it play in shaping future infrastructure projects?

There are no barriers are this stage to the adoption of battery-operated machines, we have pioneered this transformation in the industry in our country with the introduction of 5T electric wheel loaders. Our preparedness in terms of site support and safety awareness has been our focus before the introduction of this technology in India. We believe in partnering with our client by offering them, “Their Growth machines”, which has the latest technology and true value for their investments.

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