Demand for all-terrain cranes doubled in 2018
Equipment

Demand for all-terrain cranes doubled in 2018

The market for all-terrain cranes in India is a niche one; typically, barely 12-15 new units from Germany, US or Chinese manufacturers are sold annually, observes Anil Bhatia, Vice-President, Sales & Marketing, TIL Ltd. TIL Ltd markets the Grove all-terrain crane in the 100 t to 450 t range.

However, last year, demand for all-terrain cranes suddenly jumped to 20+ new units. And this year, Bhatia expects the demand to more than double with hirers placing most of the orders.

“Mostly rental companies are buying all-terrain cranes,” agrees Andreas Cremer, Global Product Director for All-Terrain Cranes, Manitowoc. At bauma 2019, Manitowoc launched an impressive new unit in the five-axle category and two new three-axle models. The new GMK5250XL-1 includes a 78.5-m boom, the longest in the five-axle category. It appeared alongside the three-axle GMK3050-2 and GMK3060L, both making their first public appearance. All these models are manufactured in Europe but available in India. At the launch, Cremer said the new models underline the company’s ongoing commitment to building cranes that offer outstanding return on investment. “We believe in developing cranes our customers can use in a wider variety of projects for better return on investment.” he said.

Indeed, versatility is a key concern of crane rental companies for making the product appealing to a wider segment of users.

“An interesting feature of the demand for all-terrain cranes in India is that it is gradually veering from used models towards new machines, in view of end-users being more conscious of safety,” says Bhatia. “This is significant in view of the high ticket size of each crane, roughly over 1 million Euro.” He identifies the railway, flyover, metro, refinery, windmill and, in future, the bullet train project as key sectors driving this demand.

The AC45, a small all-terrain crane, also called a city crane for offering the most compact dimensions in its class, and the all-terrain AC300-6 are some newer crane models launched by Terex Cranes in India.

CHARU BAHRI

The market for all-terrain cranes in India is a niche one; typically, barely 12-15 new units from Germany, US or Chinese manufacturers are sold annually, observes Anil Bhatia, Vice-President, Sales & Marketing, TIL Ltd. TIL Ltd markets the Grove all-terrain crane in the 100 t to 450 t range. However, last year, demand for all-terrain cranes suddenly jumped to 20+ new units. And this year, Bhatia expects the demand to more than double with hirers placing most of the orders. “Mostly rental companies are buying all-terrain cranes,” agrees Andreas Cremer, Global Product Director for All-Terrain Cranes, Manitowoc. At bauma 2019, Manitowoc launched an impressive new unit in the five-axle category and two new three-axle models. The new GMK5250XL-1 includes a 78.5-m boom, the longest in the five-axle category. It appeared alongside the three-axle GMK3050-2 and GMK3060L, both making their first public appearance. All these models are manufactured in Europe but available in India. At the launch, Cremer said the new models underline the company’s ongoing commitment to building cranes that offer outstanding return on investment. “We believe in developing cranes our customers can use in a wider variety of projects for better return on investment.” he said. Indeed, versatility is a key concern of crane rental companies for making the product appealing to a wider segment of users. “An interesting feature of the demand for all-terrain cranes in India is that it is gradually veering from used models towards new machines, in view of end-users being more conscious of safety,” says Bhatia. “This is significant in view of the high ticket size of each crane, roughly over 1 million Euro.” He identifies the railway, flyover, metro, refinery, windmill and, in future, the bullet train project as key sectors driving this demand. The AC45, a small all-terrain crane, also called a city crane for offering the most compact dimensions in its class, and the all-terrain AC300-6 are some newer crane models launched by Terex Cranes in India. CHARU BAHRI

Next Story
Infrastructure Urban

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Next Story
Infrastructure Urban

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Next Story
Infrastructure Urban

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement