Emerging trends like renting of excavators are driving the market due to increased procurement cost and maintenance of excavators.
Sandeep Mathur Brand Leader, CASE New Holland CE What are the positive factors that are impacting excavators to stay ahead in the earth moving equipment market? The construction equipment market in India has
– Sandeep Mathur
Brand Leader, CASE New Holland CE
What are the positive factors that are impacting excavators to stay ahead in the earth moving equipment market?
The construction equipment market in India has expanded significantly in recent years, out of which, Excavators now account for the majority of revenue, and with the government’s backing, their demand will expand noticeably.
The infrastructure sector has received a lot of attention in the Budget 2021-22. The government’s aim to expand road and highway projects to 7,400 new projects is a positive step that will assure a stronger year for the infrastructure sector as well as the construction equipment business. Furthermore, as part of the Aatmanirbhar Bharat Abhiyan, the government auctioned out 41 coal blocks with easy terms and conditions for commercial mining in order to ensure competition, transparency, private sector engagement, and ease of doing business.
According to Off-Highway Research, the long-term future trend for the excavator sector remains optimistic, with demand predicted to rise at a CAGR of 16 percent between 2021 and 2023, reaching 28,000 units. More projects and initiatives have been launched by the government, and all of these aspects will lead to market growth in the foreseeable future.
What are the latest trends in the cab design for excavators? What is the bearing of disruptive technologies on the design of the cabs?
Technological advancements are a constant in the CE industry and the equipment are designed with a number of smart features to improve productivity and enhance performance.
Some of the latest trends that enhance the cab features to offer comfort and ease their jobs are:
– Expanded legroom and headroom made for better space.
– Digital displays & diagnostics for easy monitoring and problem solving on the field.
– Wireless connectivity with improved speaker system and auxiliary equipment that allows operator to plug in devices and listen to tunes.
CASE has always been a technology-first brand. Our cabin contains an ergonomically built seat with eight different adjustments, allowing for a better lever position to ensure the operators’ comfort. The operator visibility is well taken care off with wide large glazed windows all around which improves productivity and site workers safety and an open-able roof window for enhanced visibility on the top. Our excavator cabin also has a vibration dampening system, which reduces vibration and allows for all-day productivity. A right-hand console has 3 power modes to match any customer work requirements. Case excavators has 7” LED cluster to constantly monitor the main machine parameters.
What are the advancements made in the engine used in excavators?
Digitalization is thriving and bringing the fourth industrial revolution in the country. The equipment are designed and manufactured with digital tools that allow collaboration in real time and improve labor productivity. Upgrading with technology, there have been advancements made in the engines used in excavators.
The new CASE excavators come with the world class FPT Industrial engine that helps in saving time up to 4% more fuel efficiency due to hydraulic system control and 6% efficiency from FPT engine. It also has 5 energy saving controls that help in constant consumption monitoring & ECO gauge function, keeping you updated about the machine’s engine consumption.
What is the future outlook and growth prospect in the excavator market?
Looking upwards after the effects of the unpredictable pandemic, the excavator market is expected to grow in future. All due to urbanization, new infrastructure projects and rising economy. Increase in the global excavator market is said to have a positive impact on the Indian market. The emphasis is on manufacturing better control systems with advanced technology to make it easy for the consumer.
Emerging trends like renting of excavators are driving the market due to increased procurement cost and maintenance of excavators. Thus, rental market is expected to eventually rise in India offering better and affordable deals for the customers.
What are the risk factors & challenges faced by excavator manufacturers in today’s market scenario?
Introducing technologically loaded and high-end devices demands a unique set of abilities, and in India, unlike in the west, we have certain difficulties of proper training and education. The ease with which labor is available also adds to some lethargy in implementing automation and AI.
Apart from technology, a robust infrastructure is essential. Also, the expense of deploying these complex and sophisticated equipment in manufacturing plants and maintaining their security has its own set of challenges. However, the government is dedicated to making India a strong local market, and it is assisting MSMEs with loans and import cuts to help them develop. Hopefully, all of these hurdles will be removed in the near future.
To tackle the above challenges of new technology, CASE India offers training events for operators and customers throughout the year to keep them up to speed on the newest practices and procedures. We also release films on channels such as YouTube to provide advice to operators who wish to make the most of their CASE equipment.
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