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Construction Equipment Market Top Key Players- Caterpillar Inc, CNH Industrial NV, Doosan Heavy Industries and Construction Co Ltd, Hitachi Construction Machinery Co Ltd, JC Bamford Excavators Ltd, Kawasaki Heavy Industries Ltd, Komatsu Ltd

08-06-2021 02:43 PM CET | Industry, Real Estate & Construction

Press release from: Mobility Foresights

Construction Equipment Market Top Key Players- Caterpillar

Construction machines commonly found on construction sites are heavy vehicles, also known as heavy trucks, heavy machinery, heavy machinery, and engineering equipment. They are essential for all construction activities, and their demand is projected to increase between 2021-2026.

During the coronavirus pandemic, construction in all sectors has been halted for fear of the spread of the virus and low economic activity. However, as it is gradually returning to normal, the demand for construction machinery is expected to expand by the end of 2021.

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CONSTRUCTION EQUIPMENT POWERTRAIN TRENDS

• The technology that can lead to pollution-free engine solutions is one of the R & D projects carried out at FPT Industrial. The powertrain system provides up to 400kW output, the H2 tank, the fuel cell module consists of a lithium-ion battery pack, an axle and an energy management system.
• The ZF continues to expand its products to support the electrification of dirt roads. A recent company has released an eTrac electric drive for wheel excavators. The newly released system consists of a two-stage power shift transmission, an electric motor and an inverter. It can be expanded to a maximum torque of 850 Nm and a continuous output of 80 kW.

• The Kubota's D902K electronically controlled engine allows manufacturers to easily swap out existing engines without the need to redesign their current systems.

• FPT Industry has introduced three on-road cursor engines (Cursor 9, Cursor 11 and Cursor 13) that meet the GBVI emission regulations set to be fully implemented in China from July 1, 2021.

CONSTRUCTION EQUIPMENT MARKET DYNAMICS

• The marking of digitizations is moving from traditional analogue practices. It is an integration of digital tools to rationalize existing business processes, eg. B. tracking times of moving, secure training and different paper patterns online.

• This makes the school data acquisition efficient and improves the accuracy of the time monitoring and concentration of field data for global visibility. As a result of the journey of bulky practices and digitized investments, construction machinery companies can increase their companies that improve processes and systems in order to make employees more efficiently and reduce the total cost and therefore increase profits.

• IOT's Core Vision for mobile machines is the use of digital technologies to record data that can be done on the performance of auto-host mobile systems that are done over time, true and to end users and OEM providers so they The operating time and flexibility can maximize your machines.

CONSTRUCTION EQUIPMENT MARKET DRIVERS

Both developing and developed nations demand construction equipment for different purposes, some common factors which are expected to drive the market are:

• Increased building activity for residential, commercial and industrial purposes that appeared before the pandemic and is expected to increase again.

• There have been various public-private partnerships worldwide to develop infrastructure that will lead to more activities.

• Advanced construction machinery technology of major manufacturing companies, including automation of various equipment.

• As the awareness of people grows, new trends are observed for the installation of safety devices in all buildings, increasing their construction activities and the demand for new equipment.

COMPANY PROFILES

• Caterpillar Inc
• CNH Industrial NV
• Doosan Heavy Industries and Construction Co Ltd
• Hitachi Construction Machinery Co Ltd
• JC Bamford Excavators Ltd
• Kawasaki Heavy Industries Ltd
• Komatsu Ltd
• Liebherr-International AG
• Escorts Limited
• Deere & Company
• Kobelco Construction machinery Co. Ltd.
• Hyundai Construction Equipment & Co.
• Volvo Construction Equipment AB

Read More Information: https://mobilityforesights.com/product/construction-equipment-market/

Contact:
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

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