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Rapid urbanization and growing number of housing and construction projects have propelled the key players in the heavy equipment market to make high investments in enhancing their line of products and adopting good business strategies. Government’s initiatives to improve the infrastructure in the developing and already developed nations are fueling the demand for the heavy equipment market.

The global heavy equipment market has witnessed various trends in the last few years. Latest technologies and developments by the key players have enhanced the overall shape of the market. Below mentioned are 5 trends in the heavy equipment market.

Concrete and Road Construction Support

Heavy equipment is significantly used in concrete pavement and road construction projects. The concrete pavers offer support to man force at work and increase the overall efficiency and effectiveness.

GOMACO GP360 is a placer/spreader capable of slip forming up to 30 feet wide and adds a 60-inch belt. The GP360 comes with a Caterpillar C7.1 Tier 4 diesel engine with 302 horsepower for driving the conveyor belt and distributing concrete.

Material Handling Machinery

Material feeders are used in the transfer of material from trucks to pavers. Technologically advanced material handling machinery reduces the wastage of construction material and saves time and cost. The user friendly VÖGELE MT 3000-3i Standard and Offset material feeders are equipped with Dash-3 machine technology which includes the ErgoPlus 3 intuitive operating concept, AutoSet Plus automatic functions and the PaveDock Assistant truck communication system.

Earthmoving Machinery

In the heavy equipment market, earthmoving machinery has been highly trending. Earthmoving machinery not only plays a significant role in speeding the earth work but also perform other functions. Volvo’s heavy-duty EC950E is created with the latest technology so as to increase the productivity and efficiency. The powerful and durable wear resistant components of EC950E supports the earth moving activities and also helps in other activities

High Capacity and Low Operating Cost

Heavy equipment market has been trending because of its high material handling capacity and low operating cost. Potain MDT 489 topless crane offers high capacity and has a very minimal operating cost. The topless crane is developed with a well thought design by Manitowoc’s Crane Control System (CCS). It requires four to five fewer containers compared to other cranes of the same size and can be assembled in half the time.

Sustainability

Sustainability has been an important part of the road construction and infrastructural development projects. Companies have been making improvements and are launching environment friendly machinery. Key players are adopting green practices to generate more profits. For instance, Ammann, a leading player in the heavy equipment market, is working on “green” road building with the use of recycled asphalt (RAP). The company reduces the indirect CO2 emissions from the implementation of RAP.