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Volvo CE recently engaged David Zach and Glen Hiemstra, known for their work with dozens of innovative fortune 500 companies, to provide expert forecasts on where the industrial industries may be headed.
“In order to build tomorrow, that Continue reading “Volvo partners with professional futurists to help forecast vision”
With a combined figure of $27.851 billion, 2019 saw the revenue of the top 20 largest crane manufacturers in the world rise 12.5% – up over US$3 billion compared to 2018’s total ranking $24.832 billion.
Figures used in the ICm20, which were published in November 2019, are from the calendar year 2018 or the 12 month financial year to 31 March 2019 (further details below).
The world’s first electric drilling rig, engineered and manufactured by German firm Liebherr, has completed its first ever job on a customer site.
The rig, designed to be 100% electric and produce zero emissions on site, has been operating Continue reading “World’s first electric drilling rig on site”
According to data specialist Off-Highway Research, the global market for wheeled loaders reached almost 200,000 unit sales last year. Though these machines may move the Earth, the pace at which they are evolving is moving at different speeds around the world, as different markets have distinct requirements.
Japanese manufacturer Hitachi is a global original equipment manufacturer (OEM) that has seen different trends in customer demand from region to region, and often country to country. Continue reading “Wheeled loaders: Loads of potential”
Excavators remain the number one piece of construction machinery sold around the world. In 2018, more than 450,000 units were sold globally – with this year expected to break a total sales figure of over 400,000 units – according to figures by specialist research company, Off-Highway Research.
The machine quite literally shapes the landscape on which the construction industry builds, and although excavators come in many different sizes, this article will focus on the medium to larger sized excavator segment. Continue reading “Medium and large excavators: efficiency is everything”
Manitowoc has opened a new 2,900 square metre facility with a warehouse and a workshop in Molino, Philippines.
Japanese manufacturer Yanmar is to acquire US-based compact tracked and wheeled skid steer loader producer ASV for US$70.7 million.
Construction equipment is a classic cyclical market, prone to sharp swings in demand.
When construction, mining and quarrying activity pick up sales surge, lead times stretch out and manufacturers can struggle to fulfill orders. But when activity slows, sales can fall away sharply Continue reading “Global construction equipment overview”
Komatsu Europe has redesigned its used equipment website in collaboration with used equipment specialists Mascus and Ritchie Bros.
The updated site, used.komatsu.eu, includes new tools to help Komatsu and its European dealers to better manage, analyse and remarket their used equipment via an inventory management system, Komatsu IMS. Continue reading “Komatsu’s new used equipment website”