Tag: Economy
According to a new research report from IoT market research provider Berg Insight, the total active installed base of connected mining solutions reached close to 1.3 million units in the equipment, people and environment segments in 2023. Growing at...
According to the latest market study by Interact Analysis, the global market for mobile hydraulics is projected to contract by 6.7% in 2024. This downturn follows a period of significant growth in 2021 and 2022. The market is expected...
According to an analysis by Persistence Market Research, the global motor grader market is projected to increase from US$4.1 billion in 2024 to US$5.8 billion by the culmination of 2031, encompassing the forecast period from 2024 to 2031. Throughout...
As the world population continues to grow and urbanization rates increase, the construction industry will continue to play a vital role in meeting our ever-growing needs for housing, commercial space, and infrastructure. However, given the significant environmental impacts of...
Third-quarter revenues of $6.0 billion increased 17 percent from the same quarter in 2020. Sales in North America increased 13 percent while international revenues increased 22 percent driven by strong demand across all global markets outside of China compared...
According to the world’s biggest machinery and heavy equipment auctioneers, India is emerging as an important buyer market for used Middle Eastern mobile cranes and heavy lifting equipment.
In 2020, Ritchie Bros. Middle East experienced a gradual increase in...
Lintec & Linnhoff has ended its partnership with Ardent Maschinenfabrik (formerly known as Linnhoff India) as of January 7, 2021. All previous manufacturing and distribution of the company’s products through Ardent has ceased and the company is no longer...
NSW will lead Australia to economic recovery, with the NSW Government today announcing another 24 priority projects, including a new retail center, industrial precincts, three new schools, and the relocated Sydney Fish Markets, that could inject more than $5.37...
Isuzu Australia Limited Director and Chief Operating Officer, Andrew Harbison, comments on the disruptions brought on by COVID-19 and discusses the challenges facing the industry in this unprecedented time.
Following in the footsteps of devastating bushfires and droughts, Australia has...
The Victorian Government has set up a dedicated task force to help keep the state’s building and development industry running through the coronavirus crisis while announcing the approval of four new projects worth more than $1.5 billion dollars.
Planning Minister...
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