Equipment Industry: Current Scenario And Emerging Trends
Mr. Samir Bansal - General Manager, Off-Highway Research, IndiaThe ongoing bout of slowdown has pushed the construction equipment industry a bit on a slippery slope across the globe. As a result of which the prevailing uncertainties on the global economic horizon forced the governments of major economies to hold over the infrastructure investment adversely impacting the sales of construction equipment worldwide.
As a matter of fact, the construction equipment includes a wide variety of equipment put to use in mining, earthmoving, material handling and others multifarious applications. But this section of the write-up sheds light on the global market scenario of equipment including articulated and rigid dump trucks, asphalt finishers, backhoe loaders, crawler dozer and loaders, crawler and wheeled excavators, mini excavators, motor graders, motor scarpers, skid-steer loaders, and wheeled loaders.
