Lifting equipments: All you need to know
Equipment

Lifting equipments: All you need to know

A new report from Allied Market Research estimates the global construction equipment industry to have been worth $201.9 billion in 2021, and will grow to $322 billion by 2031, at a CAGR of 4.8 per cent. Whereas the earth moving segment currently holds two-fifths of the industry, the report predicts that the lifting and material handling segment will record the highest growth up until 2031, a CAGR of 7.1 per cent, on the back of growth in seaborne trade.

In India, asides the ports sector, growth in the construction and logistics industries may spur growth in the lifting and material handling equipment segment.

CW brings you a few examples of the use of lifting equipment—tower cranes, crawler cranes, hoists and aerial work platforms—on construction sites.

To read the full article, CLICK HERE

A new report from Allied Market Research estimates the global construction equipment industry to have been worth $201.9 billion in 2021, and will grow to $322 billion by 2031, at a CAGR of 4.8 per cent. Whereas the earth moving segment currently holds two-fifths of the industry, the report predicts that the lifting and material handling segment will record the highest growth up until 2031, a CAGR of 7.1 per cent, on the back of growth in seaborne trade. In India, asides the ports sector, growth in the construction and logistics industries may spur growth in the lifting and material handling equipment segment. CW brings you a few examples of the use of lifting equipment—tower cranes, crawler cranes, hoists and aerial work platforms—on construction sites.To read the full article, CLICK HERE

Next Story
Infrastructure Transport

Markolines Bags Rs 168 Million Expressway Repair Orders

Markolines Pavement Technologies Limited, a leading provider of integrated highway maintenance solutions, has secured two new orders worth Rs 168 million from Vadodara Kim Expressway Pvt. Ltd. The contracts involve carrying out restoration works on areas damaged by rainwater runoff, with completion targeted by 31 July 2025.Founded in 2002, Markolines has grown to become India’s largest highway maintenance firm, with an impressive record of executing over 11.37 million square metres of micro surfacing work across the country. As of 30 April 2025, the company’s unexecuted order book stood at..

Next Story
Infrastructure Urban

Cortec Launches World’s First Compostable VCI Paper

Cortec® has set a new sustainability benchmark with the launch of the world’s first certified industrially compostable VCI (vapour corrosion inhibitor) paper, designed for environmentally responsible metals packaging. The EcoBio™ VpCI®-146 Paper marks a significant advancement in eco-conscious corrosion protection and supports a circular economy approach for both large and small manufacturers.This dual-sided corrosion-inhibiting paper is engineered to protect both ferrous and non-ferrous metal parts during storage or shipping. It releases vapours that form an invisible molecular shield o..

Next Story
Infrastructure Urban

Sugatsune Unveils Advanced Components for Safer Machinery

Sugatsune, a global leader in industrial hardware, has introduced a new series of high-performance components aimed at enhancing safety, operational efficiency, and motion precision in diverse industrial settings. At the core of these innovations is its proprietary Motion Design Technology (MDT) platform—an engineering system that allows for fine-tuned mechanical motion, ensuring better control, user safety, and design flexibility.The lineup includes an array of precision motion solutions tailored for heavy-duty and safety-critical applications. These range from free-stop hinges and lift-ass..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?