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Construction : Components Accessories Spares Hardware | December 2018 | Source : Equipment India

Platform of innovations

Infrastructure sector including construction, mining and material handling segments continues to grow in India for the past few years with a host of positive measures from the government resulting in creation of more infrastructure projects. Many projects have completed, many projects are underway, while many more in the pipeline. This has lead to the demand growth of infrastructure equipment in construction, mining and material handling segments. Construction equipment market is on growth path registering double digit growth in the past couple of years. The trend is expected to continue in the coming at least 2-3 years. All these lead to a positive outlook for component, accessories and spares market.

Engines and hydraulics have seen significant changes in the past few years due to updated emission compliance and demand for efficiency and productivity for equipment. Design changes related to downsizing and lightweighting to achieve higher productivity and economy has prompted engine manufacturers and hydraulic solution providers work towards new designs and materials. In the other components and accessories such as bearings, tyres, gears and gear components, this trend is visible. Fuel additives and lubricants are another important component that plays a major role in achieving productivity and machine efficiency that demanded by customers.

bauma CONEXPO INDIA 2018 is the right platform to witness the above-mentioned technology innovations happening in the industry. Exhibitors from around the world will be showcasing and launching products and solutions that will add to efficiency and productivity at the project sites. The industry is positive this time when stakeholders are getting ready for the exhibition.

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