Construction: Page 9

SANY Introduces Hydrogen Fuel Cell Construction Vehicles

The company recently produced a dump truck and mixer truck powered by hydrogen fuel cells.

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What Does the $1.9 Trillion COVID Relief Package Hold for Infrastructure?

The American Rescue Plan signed in to law by President Biden includes $10 billion in new funding for infrastructure projects.

An increase in infrastructure projects would help lead to more equipment demand for manufacturers.

Keestrack Enters Agriculture Equipment Market by Acquiring Goldoni

The acquisition will enable Keestrack to enter a new market segment and further grow in the construction market.

A Goldoni tractor feeding the Keestrack K3 scalper.

European Construction Equipment Sales Declined 6.4% in 2020

CECE - Committee for European Construction Equipment

CECE reports strong sales of compact equipment and increased demand in the fourth quarter helped prevent a further decline in 2020.

European construction equipment sales are expected to be up 5% in 2021.

Market Analysis

Construction Sector Recovery will aid Mobile Crane Market Growth

Sales of mobile cranes will be dependent upon recovery of the global construction market which is looking positive in the long term.

Recovery in the global construction industry will improved sales of mobile cranes.

German Construction Equipment Sales Decline 7% in 2020

VDMA Agricultural Machinery Association

VDMA reports compact equipment sales declined only 3% while large equipment sales were down 18%.

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CECE Re-Establishes Trade Policy Commission

The impact of global trade disputes on the construction equipment industry has renewed interest in trade policy for CECE members.

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Volvo CE Delivers First Electric Construction Equipment to Customers in Norway

Volvo Construction Equipment

The Volvo ECR25 Electric will be used for cable and pipeline construction in Oslo City, while the Volvo L25 Electric will be put to use for a job for the Norwegian Public Roads Administration.

Sara Iselin Nysveen Bakke and Kai Baugerød of Baugerød Anlegg plan to use the ECR25 Electric compact excavator for cable and pipeline construction in Oslo City.

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.

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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.

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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.

Volvo's first electric compact equipment, the ECR25 and L25.

Automated Systems

SANY Demonstrates Fleet of Autonomous Rollers and Pavers

The machines showed the productivity and efficiency gains possible when using autonomous construction equipment.

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