Latest Developments in Global Construction Equipment Market

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Latest Developments in Global Construction Equipment Market

  • Chemical and Materials
  • Apr 2025
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In December 2024, Xuzhou Construction Machinery Group (China) introduced a range of diesel, electric, and hybrid excavators at BAUMA, China 2024, showcasing its commitment to advanced and sustainable construction machinery
  • In February 2024, Deere & Company unveiled the 9RX tractor models, featuring an 830 HP variant, with three high-horsepower four-track options: 9RX 710, 9RX 770, and 9RX 830, reinforcing its leadership in high-performance agricultural machinery
  • In December 2023, HD Hyundai Construction Equipment Co., Ltd. launched seven new mini excavators at its Ulsan Campus, ranging from 1.7-ton to 5.5-ton models, strengthening its market presence in compact construction equipment
  • In July 2023, Liebherr, in partnership with Leica Geosystems under Hexagon, expanded its semi-automatic machine control system for Generation 8 crawler excavators, reducing downtime and enhancing operational efficiency for machine operators
  • In June 2023, Caterpillar Inc. introduced the CAT 995 Wheel Loader, which offers a 19% performance increase over its predecessor, along with a 13% reduction in hourly fuel consumption and an 8% efficiency boost, optimizing productivity and sustainability
  • In May 2023, Komatsu Co., Ltd. unveiled a concept machine for a medium-sized hydraulic excavator powered by a hydrogen fuel cell, integrating Komatsu’s proprietary key components to advance carbon neutrality in construction sites, promoting a greener industry future