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Market Analysis
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Construction: Page 12
Construction
Asia Pacific Construction Equipment Market to Grow 4.5%
Graphical Research reports the market will grow due to increased investment in various infrastructure and utility projects in the region.
Construction
UK Construction Equipment Sales Increased 1% in Q4 2020
Construction Equipment Association (CEA)
CEA reports construction equipment sales began to recover at the end of 2020 as construction activity increased.
Trends
Volvo Group Creates Business Area to Accelerate Electrification, Extend Battery Life Cycle
Volvo Group Global
Newly created Volvo Energy business area will strengthen the company’s battery and charging infrastructure offerings, as well as provide solutions to give used batteries a second life.
Automated Systems
SANY Demonstrates Fleet of Autonomous Rollers and Pavers
Sany America
The machines showed the productivity and efficiency gains possible when using autonomous construction equipment.
Batteries, Capacitors
Proterra Collaborating with Komatsu on Electric Excavator
Proterra Inc.
Proterra will provide its battery technology for use in a proof-of-concept battery-electric hydraulic excavator Komatsu plans to bring to market by 2023.
Industry News
TOBROCO-GIANT Celebrates 25th Anniversary
TOBROCO-GIANT
The company aims to grow further in the coming years to produce 9,500 machines by 2025.
Trends
John Deere Joint Tests Electric Backhoe Concept with National Grid
John Deere Worldwide Construction & Forestry Div.
The design is intended to provide substantially lower daily operating costs, lower jobsite noise, enhanced machine reliability, and zero emissions.
Construction
UK Construction Equipment Sales Continued to Stabilize in November
Construction Equipment Association (CEA)
CEA reports Sales of construction and earthmoving equipment in November were 4% below the same month in 2019.
Construction
Vermeer Acquires Normag Electric Horizontal Directional Drill and Fluid Management Technology
Vermeer
The acquisition gives Vermeer the rights to develop, manufacture and distribute fully electric HDDs, generator sets and fluid management systems currently operating under the Normag brand.
Fluid Power
New Volvo CE Electro-Hydraulic Solution Improves Fuel Efficiency in Construction Equipment
Volvo Construction Equipment
Volvo CE and Norrhydro are developing a digital hydraulic actuator that increases productivity while reducing fuel use and emissions.
Construction
UK Construction Output Growth will Contract by 15.1%
GlobalData reports renewed lockdown measures coupled with the Brexit uncertainty will constrain growth going into the end of the year.
Construction
Grove GMK5250L Provides Precise Lifts at Peruvian Mine
The Manitowoc Company, Inc.
The GMK5250L helped operators overcome the challenge of moving 1.3 USt roof segments over massive oil tanks thanks to the crane’s 50-degree jib offset.
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