The speed and efficiency of a construction project rely not only on skilled professionals on the job site but also on high-quality heavy machinery. Such equipment remains invaluable and in high demand, research says. Per Statista’s findings published in October 2021, global construction machinery sales are expected to range between one and 1.1 million units in 2022. What are some options for buyers in the market for this equipment?
Global Sources suppliers offer a wide range of hydraulic excavators. There are mini excavators for light material handling jobs and small construction projects, but there are also standard and large excavators for larger-scale work. Also available in the marketplace are attachments such as buckets, hammers, grapples, rakes and thumbs.
Crane trucks of different sizes and features are also open for inquiries on the website. Models with lifting capacities ranging from 25 to 260 tons or higher are offered by various suppliers, as having equipment with the appropriate size is one of the more important ways to be more efficient on any construction job.
The world heavily relies on e-commerce and logistics in the middle of a pandemic. As such, demand for pallet racks and other logistics equipment is expected to be stronger now than in previous years. For warehouses, aside from the space available, it’s important to determine the height and weight of the pallets to be stored to make the right sourcing decision.
Wheel loaders, road rollers
According to market research website Industry Research, the concrete and road construction equipment market is growing year over year at a ‘very significant’ CAGR – a growth driven by major brands such as Komatsu, Caterpillar, Volvo and others. This category of equipment includes wheel loaders, road rollers, excavators and forklifts.
The construction of buildings and infrastructure has played a major part in the rapid industrialization of the world. As industrial development continues in 2022 and the coming years, it is important for sourcing professionals to provide the market for construction machinery with specs that will meet the needs of the industry.