#ConExpo Con AGG

[global-research-report]

Driving Progress: A Comprehensive Study of the Construction Equipment Industry

The global construction equipment market is expected to reach USD 363.23 billion by 2030 and is anticipated to grow at a CAGR of 8.4% during the forecast period, according to a new report by Grand View Research, Inc. The increasing investments made by governments across the globe in the development of public infrastructure is one of the major factors expected to fuel the market growth. Additionally, the demand for construction equipment is predicted to rise owing to the increased residential and commercial construction activity caused by the growing population in emerging countries.

Due to stricter emissions rules and expensive fuel prices, the construction industry is rapidly shifting to electric solutions. International legislative challenges, the exponential growth of suppliers and services catering to the rising demand for electric construction equipment, and the emergence of new technologies such as advances in battery technology have reduced the price of manufacturing electric construction equipment, making it more affordable for OEMs of all sizes. For instance, the European (EU) Stage V Emission Regulations and the China VI Emission Standard serve as illustrations of the effort to reduce exhaust emissions from mobile equipment used off-road.

The introduction of advanced telematics systems represents a significant breakthrough for the construction industry. The latest telematics systems facilitate seamless remote monitoring and control of construction equipment. For instance, in April 2023, Bobcat Company announced the launch of its latest innovation, the Machine IQ telematics system, which allows users to access the information of their machines anytime, anywhere, and using any device. By leveraging Bobcat Company’s Machine IQ telematics system, users can remotely monitor the health of their machines; track vital data; and optimize maintenance, security, and performance to maximize productivity while safeguarding their valuable investment.

Manufacturers are focusing on enhancing operator comfort, productivity, safety, and visibility by integrating innovative technologies in wheel loaders. For instance, in June 2023, DEVELON, a brand of HD Hyundai Infracore, introduced 7 Series wheel loaders in North America at CONEXPO-CON/AGG 2023. The loader provide enhanced operator productivity, safety, and visibility. The loader is equipped with technologies such as object detection Around View Monitor (AVM) camera system and transparent bucket.

Construction Equipment Market Report Highlights

The material handling machinery segment dominated the market in 2023 and is expected to register a highest over the forecast period. The growth can be attributed to the rise of e-commerce which has led to surge in warehousing and logistics operations.

Electric construction equipment is anticipated to register the highest growth rate from 2024-2030. Governments across the globe are implementing regulations and providing incentives to promote the widespread adoption of electric construction equipment.

<100 HP led the market in 2023 owing to the rising use of compact construction equipment in emerging economies like Asia Pacific, Latin America, and Africa.

Asia Pacific dominated the market in 2023. The governments in the region are concentrating on enhancing their transportation and construction infrastructures. To speed up their economic growth, these governments are significantly funding numerous infrastructural projects which is expected to drive the demand for construction equipment in Asia Pacific.

In October 2023, Liebherr-International AG presented battery-electric wheel loader at trade fair – Ecomondo, held in Rimini, Italy. The L 507 E battery-electric wheel loader provides similar performance as a standard wheel loader. It is ideal for use in areas where exhaust and low noise values are particularly important, such as in the city, on roads, or in production facilities.

Construction Equipment Market Segmentation

Grand View Research has segmented the global construction equipment market on the basis of product, equipment type, propulsion type, power output, engine capacity, and region:

Construction Equipment Product Outlook (Revenue, USD Million; Volume, Units; 2018 - 2030)

Earth Moving Machinery

Excavators

Wheel

Crawler

Loaders

Backhoe Loaders

Skid Steer Loaders

Crawler/Track Loaders

Wheeled Loaders

Dump Trucks

Moto Graders

Dozers

Wheel

Crawler

Material Handling Machinery

Crawler Cranes

Trailer Mounted Cranes

Truck Mounted Cranes

Forklift

Concrete and Road Construction Machinery

Concrete Mixer & Pavers

Construction Pumps

Others

Construction Equipment Equipment Type Outlook (Revenue, USD Million, 2018 - 2030)

Heavy Construction Equipment

Compact Construction Equipment

Construction Equipment Propulsion Type Outlook (Revenue, USD Million, 2018 - 2030)

ICE

Electric

CNG/LNG

Construction Equipment Engine Capacity Outlook (Revenue, USD Million, 2018 - 2030)

Up to 250 HP

250-500 HP

More than 500 HP

Construction Equipment Power Output Outlook (Revenue, USD Million, 2018 - 2030)

<100 HP

101-200 HP

201-400 HP

>401 HP

Construction Equipment Region Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Europe

UK

Germany

France

Italy

Spain

Asia Pacific

China

India

Japan

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa (MEA)

Saudi Arabia

A.E.

South Africa

Order a free sample PDF of the Construction Equipment Market Intelligence Study, published by Grand View Research.

[gtacondomart]

CONEXPO-CON/AGG makes CIASP donation for Mental Health Awareness Month

http://dlvr.it/T7fGT1

[alleventsalert]

ConExpo Con AGG 2023 - Conexpoconagg.com

ConExpo Con AGG 2023 – Conexpoconagg.com

Conexpoconagg.com – ConExpo Con AGG 2023 are organized by Association of Equipment Manufacturers (AEM). It will be held on 14 March – 18 March 2023 in Las Vegas, USA. Conexpoconagg.com | ConExpo Con AGG 2023 You just need to follow the steps to participate in Association of Equipment Manufacturers (AEM). (ConExpo Con AGG). Open your default internet browser.Type www.conexpoconagg.com in your…

[lasvegaslocally]

Vegas trade shows have the coolest signs.

source

[willvthompson]

TH514 Telehandler with Improved Performance, All-Day Comfort Featured at CONEXPO-CON/AGG 2017 - http://www.youtube.com/watch?v=flRKh-1ILVE

[lenflexsusan]

LENFLEX - 2023 Yiqiao Group participated in IFPE & CONEXPO-CON/AGG at the Las Vegas.

[norteenlinea]

FPT Industrial llevó a Conexpo CON/AGG 2023 su amplia gama de soluciones para equipos de construcción

http://dlvr.it/SlGch6

[digitexcavating]

Good to catch you on the tear down day @schwilliam_, great @conexpoconagg show and the @caterpillarinc booth was amazing. Keep it going at @caterpillaredwards and hope to see you again soon back in Michiana! ✅👷🏻‍♂️🇺🇸 #digginit #digitexcavating #cat #caterpillar #conexpo2023 (at CONEXPO-CON/AGG) https://www.instagram.com/p/Cp-4Pzave6v/?igshid=NGJjMDIxMWI=

[questlation]

CONEXPO CON/AGG 2023: XCMG Machinery Unveils Its New US Brand Strategy https://questlation.com/prnewswire/conexpo-con-agg-2023-xcmg-machinery-unveils-its-new-us-brand-strategy/?feed_id=17016&_unique_id=641447afe6158

[pneusnews]

Bridgestone torna a Conexpo con il nuovo VZT da costruzione e le soluzioni integrate OTR

Bridgestone Americas presenterà gli ultimi prodotti e soluzioni Off-the-Road (OTR) dal suo vasto portafoglio di costruzioni e cave al CONEXPO-CON/AGG (CONEXPO) di Las Vegas dal 14 al 18 marzo. Organizzata ogni tre anni, CONEXPO è la più grande fiera edilizia del Nord America che mette in contatto professionisti di tutte le principali organizzazioni del settore delle costruzioni e delle cave. A…

[jcnnewswire]

Honda、プラットフォーム型の自律移動モビリティ「Honda Autonomous Work Vehicle」の新たなプロトタイプをCONEXPO-CON/AGG 2023で公開

http://dlvr.it/SkTCJZ

[doosanvietnamcomvn]

Kết hợp thông điệp “Tiến tới tương lai với sự đổi mới” Buổi giới thiệu thương hiệu trực tuyến sẽ được tổ chức vào tháng 2 và thiết bị mang thương hiệu mới sẽ được ra mắt tại CONEXPO-CON/AGG vào tháng 3.

[clik-tracks]

CLIK Tracks Manufacturing will attend the next CONEXPO-CON/AGG which will be held March 14-18, 2023 in Las Vegas, Nevada. CLIK’s booth No. is North Hall —N13168. The show, now nearly 5% bigger than the record set in 2020, will feature 1,800 exhibitors and 175+ education sessions during its run.

[superclamknighttoad]

👏👏 HYDROGEN IS THE FUTURE 👏👏 #JCB is set to showcase its hydrogen combustion technology, electric drivetrain and efficient diesel engines at CONEXPO-CON/AGG in Las Vegas. This will be the international debut of the hydrogen combustion engine in North America. JCB Chairman Lord Bamford is leading the project to develop JCB’s hydrogen technology. He said: “The JCB engineering team has made enormous strides in a short space of time to develop a hydrogen internal combustion engine and it already powers a JCB prototype backhoe loader and a Loadall telescopic handler. As the first construction equipment company to develop a fully working combustion engine fuelled by hydrogen, I’m delighted we are now able to present this technology on the international stage.” #hydrogen 👇🏻👇🏻👇🏻👇🏻👇🏻 (bij Netherlands) https://www.instagram.com/p/CoFGtA5ow7z/?igshid=NGJjMDIxMWI=