Construction Equipment: Recording Ups and Downs!
Table 1:
India: Sales and forecast of construction equipment, 2018-2023 (units)
|
2018 |
2019* |
2023* |
%
Change 2018-2023* |
Articulated dump trucks |
- |
- |
- |
- |
Asphalt
finishers |
1,201 |
950 |
1,350 |
+12 |
Backhoe loaders |
45,552 |
40,000 |
45,000 |
-1 |
Compaction
equipment |
5,691 |
4,850 |
7,000 |
+23 |
Crawler dozers |
454 |
400 |
650 |
+43 |
Crawler
excavators |
25,474 |
20,000 |
37,000 |
+45 |
Crawler loaders |
1 |
5 |
5 |
+400 |
Mini
excavators |
1,322 |
1,400 |
2,500 |
+89 |
Mobile cranes |
11,827 |
9,500 |
13,500 |
+14 |
Motor
graders |
1,606 |
1,200 |
2,400 |
+49 |
Rigid dump trucks |
453 |
550 |
600 |
+32 |
RTLTs |
228 |
250 |
450 |
+97 |
Skid-steer loaders |
763 |
700 |
950 |
+25 |
Wheeled
excavators |
- |
5 |
5 |
- |
Wheeled loaders |
3,714 |
3,250 |
4,500 |
+21 |
Total |
98,286 |
83,060 |
115,910 |
+18 |
Annual % change |
+35 |
-15 |
+4 |
*Forecast
Source: Off-Highway Research