Construction Equipment Companies

Top Industry Leaders in the Construction Equipment Market

Construction Equipment Market

October 2023- HD Hyundai CE India Launches new Construction equipment. HD Hyundai Construction Equipment India has made a significant announcement by introducing a range of new equipment aimed at serving the infrastructure, mining, and material handling sectors. The company, in its official statement, has revealed a comprehensive lineup comprising four distinct excavator models, along with two forklift models and two-wheel loaders. These additions to their equipment portfolio are a testament to their commitment to delivering innovative solutions for these industries. One of the highlights of this equipment launch is the introduction of the new generation of the Global HX Series 50-tonne class excavator. This excavator is specifically designed for heavy-duty mining applications, making it a valuable addition to the equipment fleet for such operations. With its robust features and capabilities, it is set to meet the demanding requirements of the mining sector. HD Hyundai Construction Equipment India is expanding its offerings in the infrastructure sector with the SMART Plus series of excavators.

November 2023- Trimble introduced its next-generation Global Navigation Satellite System (GNSS) receiver for marine construction and drilling and piling operations — the Trimble MPS566 Modular GNSS heading receiver. With built-in dual GNSS antenna ports and constellation-agnostic Trimble ProPoint technology, the MPS566 delivers highly accurate positions and orientation for work that demands precise heading. With a ruggedized and compact form factor, the MPS566 consumes low power and has minimal cabling, all benefits when installation space is at a premium.

November 2023- Foresight Intelligence, the leading data analytics software provider for the construction industry, today introduced new AI-powered features for its Fleet Intelligence solution that can be controlled by voice in English and Spanish. Users can now use mobile devices, such as cell phones and tablets, to use the voice control features to ask the Fleet Intelligence solution to assist them with real-time information about the equipment, such as bulldozers, excavators, and trucks, being used for a project. This can include equipment location, usage, maintenance, and inspection details, all based on the person's specific role on the project. By making equipment information easily available, construction companies, equipment manufacturers, equipment dealers, and rental companies can better manage their assets, improve utilization and project outcomes, and make certain they are deploying the right resources at the right time.

Dec 2023 Volvo Construction Equipment (Volvo CE) has announced the formation of a new Compact Business Unit in order to take full advantage of the potential in the expanding compact equipment category.

July 2023: Introducing a new 3-ton class electric mini excavator with a lithium-ion battery to the European market is Komatsu Ltd. As it works to achieve carbon neutrality by 2050, Komatsu sees the market debut of this new model as an opportunity to create an immediate market for electric construction machinery.

Mar 2021: Kobelco introduces the next-generation KS45SRX-7 compact excavator, a new model in the 5-tonne category. The Kobelco KS45SRX-7 excavator model offers the same quality, feel, and comfort as the company's larger excavator models because it was built with all the features of Kobelco's Performance X Design concept.

Major players in the construction equipment Market, including Deere & Company., Kobelco Construction Machinery Co., Ltd., Komatsu Ltd., Liebherr-International AG, Manitou BF, Hidromek, Sany Heavy Industry Co., Ltd, and others, are attempting to increase market demand by investing in R&D operations.