The construction equipment industry is in its intermediate growth phase in India, there is a lot more pending in growth reserve for this dynamic industry which has been evolving over the years and global players have been entering the market. Construction market contributes approx. 7% to the GDP of India.
Construction equipment segment comprises of following product segment:-
1. Earth-moving Equipments
Earth-moving equipments are those equipments that are helpful in excavation, leveling, digging, grading, etc.
- Backhoe Loader
A backhoe loader is used to dig or excavate natural surface where it stands and with this manual effort is reduced when digging is required below machine level.
- Excavator
A hydraulic excavator is available in various sizes depending on tonnage capacity. It is generally track-typed and is used for digging, demolition, mining,etc. There are various attachments used with an excavator in place of the bucket, such as auger, rock breaker,etc.
- Bulldozer
As the name suggests, a bulldozer is used to push large quantities of soil, sand or other construction material for construction of roads, building etc. Usually a bulldozer is track type equipment that is without wheels.
- Skid Steer Loader
This equipment can be used in place of a large excavator, because it helps to dig holes from the inside of ground. It is a four-wheeled equipment.
- Wheeled Loader
Wheeled loader is used to transfer material from stock to construction sites and trucks. The wheeled loader is available is various sizes depending on the size of the bucket and its usage is dependent on terrain or area available for movement.
- Motor Grader
This is an important equipment for Greenfield projects that require leveling of earth or rather for creating of flat surface. It is used for cutting, spreading and leveling of material.
- Wheel Dozer
Generally used for mining work, wheel dozers have push blocks and dozer blades for clearing, leveling and grading of land.
2. Concreting Equipments
Concrete is a largely used material in construction process and its reach to project site in an appropriate state holds a lot of importance. Apart from this, processing , mixing and spreading of concrete is also an important activity of the construction process. The equipments that take care of the concrete – be it mixing, spreading or transporting defines concreting equipments.
- Transit Mixers
Concrete Transit Mixer is a drum mounted on chassis, self rotating drum that keeps the concrete mix in an appropriate state and makes it possible to transport ready mix concrete from the batching plant to project site. The concrete transported is measured in cubic meters.
- Concrete Batching Plant
Concrete Batching Plant is generally a fixed asset used for preparing or manufacturing ready mix concrete as per requirement of contractor and is operated by a skilled operator who works on a panel board.
- Concrete Pump
This equipment is used for spreading of concrete as per project site requirement. There are stationary concrete pumps, truck-mounted concrete pumps (called Moli pumps) and concrete boom pump (for high-rise pumping) which can be used according to construction location.
- Hot Mix Plant
A mixing plant which produces asphalt for laying on roads, by way of its electronic and mechanical parts functioning to mix dry concrete and additives at a required temperature. The mixture produced consists of concrete, stones, sand, asphalt cement and crude oil in proportion as required for paving of roads.
3. Material Handling Equipments
- Crawler Cranes & Truck mounted Cranes
The market of used and refurbished imported cranes – truck mounted and crawler has grown rapidly in the last few years. These cranes are of America, Germany, China etc. and manufacturers as well as traders export these used cranes by way of ship. These cranes come in dismantled condition on ports and then, assembled into the final piece. Demag, Grove, P&H, Manitowoc, Coles, Kato, Faun, ACE, Liebherr, etc. are few of the prominent names of manufacturers in this segment that come in the range of 35 to 600 ton crane capacity.
- Pick n Carry Cranes
Pick n Carry Cranes usually start from 8 tons capacity and range upto 24-25 tons capacity. Earlier the demand for 10 -12 tons capacity pick n carry cranes was prominent, but as the big infrastructure projects took off, pick n n cranes of tonnage capacity from 15 to 25 became popular
- Tower Cranes
Tower cranes are fixed cranes. The tower crane manufacturers are putting focus on cranes that are of higher lifting capacity and are capable of lifting heavier loads in mechanization of the construction process. In addition to real estate sector, usage of tower cranes is being done in power projects as well. They are used to lift turbines and generators and for building structures.
- Forklifts
This is a lifting equipment used in the lifting of cargo and is useful for industrial usage and at warehouses.
4. Road Construction Equipments
- Compaction Equipments
Soil Compactor and Vibratory Roller are useful for soil compaction and asphalt compaction in road projects. It is in giving a smooth finishing to roads constructed.
- Paver Finisher (Sensor/ Mechanical)
This equipment helps to spread asphalt mix produced by the hot mix plant on roads, bridges, etc. for providing a smooth finish before the same is compacted.
5. Tunnelling and Drilling Equipments
- Piling Rig (Rotary Drilling Rig)
It is a drilling machine used for drilling in sandy soil, clay,etc. and is best utilized in foundation engineering such as metro rail projects, construction of bridges and flyovers etc.
6. Construction Vehicles
- Dumpers
It is a vehicle for carrying material in bulk quantities from one place to another. In construction segment, stone aggregates, sand,etc. is transported using dumper from one place to project site.
Road construction and development of highways remain the focus of the construction industry and is the major demand driver of construction equipments. Other demand drivers include development of urban infrastructure, transportation, water and irrigation projects, railway project,etc. Along with this, even equipment rental business is expected to grow at minimum 16% rate.