Volvo Construction Equipment

Construction Equipment Market in Southeast Asia to Surge: Forecast for Robust Growth by 2029 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

The "Southeast Asia Construction Equipment Market - Strategic Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Construction Equipment Market - Strategic Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Earthmoving equipment has emerged as the leading segment within the Southeast Asia construction equipment market in 2023.
  • As Southeast Asia propels into a substantial phase of construction development, market participants keenly await the unfolding of the opportunities amid the forecasted growth.
  • What are the driving forces behind the Southeast Asia construction equipment market surge?

Indonesia Compact Construction Equipment Market Assessment & Forecast Report 2023-2029 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 7, 2024

The "Indonesia Compact Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Compact Construction Equipment Market - Strategic Assessment & Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • The compact excavator accounted for the largest market share of the Indonesia compact construction equipment market in 2022.
  • The increasing government focus on carbon emission reduction in 2021 further supported the demand for electric construction equipment in the Indonesia compact construction equipment market.
  • In 2021, Volvo Construction Equipment launched EC55D compact excavators in the Indonesia compact construction equipment industry for innovative city projects.

Global Off-Highway Vehicle Telematics Market Report, 5th Edition: Installed Base of Off-Highway Vehicle Telematics Systems to Reach 14.6 Million Units Worldwide by 2027 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 16, 2024

The "Global Off-Highway Vehicle Telematics Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Off-Highway Vehicle Telematics Market - 5th Edition" report has been added to ResearchAndMarkets.com's offering.
  • The Global Off-Highway Vehicle Telematics Market is the fifth consecutive report analysing the latest developments on the market for telematics solutions used in the construction, mining, agriculture and forestry sectors.
  • The report forecasts that the global installed base of active off-highway vehicle telematics systems will grow at a CAGR of 13.1 percent from 7.9 million units at the end of 2022 to 14.6 million units by 2027.
  • Comprehensive overview of the off-highway vehicle telematics value chain and key applications.

Construction Equipment OEM Telematics Market Expected to Reach 11 Million Units by 2027, Finds Global Study - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 27, 2023

The latest comprehensive analysis of the OEM Telematics market for construction equipment reveals significant growth prospects and leading trends shaping the industry's future.

Key Points: 
  • The latest comprehensive analysis of the OEM Telematics market for construction equipment reveals significant growth prospects and leading trends shaping the industry's future.
  • The global installed base of active construction equipment OEM telematics systems reached a new milestone in 2022, signifying a robust trajectory for the industry's progress.
  • The informed projections suggest an increase from the current 6.2 million units to an expected 11 million units by 2027.
  • An in-depth dive into regional markets reflects a substantial market presence of construction equipment OEM telematics systems.

Indonesia Construction Equipment Market Assessment Report 2023-2029 Featuring Prominent Vendors - Caterpillar, Komatsu, Volvo, Hitachi, Kubota, SANY, JCB, XCMG, Kobelco, Zoomlion, and Hyundai - ResearchAndMarkets.com

Retrieved on: 
Friday, November 17, 2023

Earthmoving equipment accounted for the largest share of the Indonesia construction equipment market in 2022.

Key Points: 
  • Earthmoving equipment accounted for the largest share of the Indonesia construction equipment market in 2022.
  • Rising investment in public infrastructure and transport facilities is expected to drive demand for excavators in the Indonesian market.
  • Major construction equipment manufacturers such as Volvo Construction Equipment, SDLG, and XCMG launched electric and compact mini excavators in the Indonesia construction equipment market to tackle the growing demand in the market.
  • SANY, Kobelco, Komatsu, Caterpillar, & Hitachi Construction Machinery are leaders in the Indonesia construction equipment market.

Volvo Construction Equipment reaches agreement to divest the ABG paver business

Retrieved on: 
Thursday, December 14, 2023

GOTHENBURG, Sweden, Dec. 14, 2023 /PRNewswire/ -- Volvo Construction Equipment (Volvo CE) and the Ammann Group have reached an agreement whereby Ammann will acquire Volvo CE's global ABG paver business.

Key Points: 
  • GOTHENBURG, Sweden, Dec. 14, 2023 /PRNewswire/ -- Volvo Construction Equipment (Volvo CE) and the Ammann Group have reached an agreement whereby Ammann will acquire Volvo CE's global ABG paver business.
  • Volvo CE and the Ammann Group see this as the best way to maintain and develop the long established ABG heritage in the paver business for relevant customers, dealers, suppliers and employees.
  • As a consequence of the divestment, production of Volvo CE compaction equipment in Hameln will be phased out.
  • In 2022, ABG paver business had revenues amounting to SEK 1,100 M. As part of the divestment process, about 400 people will move from Volvo CE to join the Ammann Group.

Air Burners Launches BioCharger® in Collaboration with Rolls-Royce and Volvo Construction Equipment

Retrieved on: 
Tuesday, December 5, 2023

PALM CITY, Fla., Dec. 5, 2023 /PRNewswire/ -- Air Burners®, the leading manufacturer of air curtain burner systems worldwide, collaborated with Rolls-Royce and Volvo Construction Equipment to develop and test the BioCharger – an innovative, portable machine that turns biomass waste into energy.

Key Points: 
  • Air Burners launches BioCharger® in collaboration with Rolls-Royce and Volvo Construction Equipment.
  • Volvo Construction Equipment teamed with Air Burners to prove out the charging capabilities of the BioCharger with its new 23-ton crawler excavator, the EC230 Electric .
  • "This collaboration with Air Burners for the BioCharger allows us to demonstrate one of the more non-conventional sources to fast-charge our equipment in off-grid locations," said Dr. Ray Gallant, vice president of sustainability and productivity services, Volvo Construction Equipment.
  • Air Burners, Rolls-Royce, and Volvo Construction Equipment will host a demonstration event for the BioCharger in early 2024.

Argentina Construction Equipment Market Report 2023: Strategic Assessment & Forecasts 2022-2029 - Caterpillar, Liu Gong, CNH Industrial, John Deere, and Komatsu Dominate the Industry - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 26, 2023

The Argentina construction equipment market is expected to grow at a CAGR of 4.83% from 2022 to 2029.

Key Points: 
  • The Argentina construction equipment market is expected to grow at a CAGR of 4.83% from 2022 to 2029.
  • Caterpillar, Liu Gong, CNH Industrial, John Deere, and Komatsu have established themselves as prominent leaders within the construction equipment sector in Argentina.
  • Notably, import data highlights that approximately 40% of the total construction equipment brought into Argentina in 2022 originated from China.
  • Consequently, Chinese firms like XCMG and SANY have gained a notable foothold in the Argentina construction equipment market.

Qatar Construction Equipment Market Assessment & Forecasts 2023-2029: Leading Players Caterpillar, Volvo, JCB, Komatsu, and HD Hyundai Drive Growth Amidst Increasing Government Initiatives - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 8, 2023

The Qatar construction equipment market is expected to reach 8,596 units by 2029, growing at a CAGR of 4.54%.

Key Points: 
  • The Qatar construction equipment market is expected to reach 8,596 units by 2029, growing at a CAGR of 4.54%.
  • Caterpillar, Volvo Construction Equipment, JCB, Komatsu, and HD Hyundai Construction Equipment are market leaders in the Qatar construction equipment market.
  • Material handling equipment accounted for the largest market share in the Qatar construction equipment market in 2022.
  • These initiatives expect to spur the demand for the crane market in the Qatar construction equipment market during the forecast period.

ROMCO EQUIPMENT CO. AND ITS PARENT COMPANY SMT, HAVE ACQUIRED SIERRA MACHINERY

Retrieved on: 
Thursday, July 27, 2023

DALLAS, July 27, 2023 /PRNewswire/ -- ROMCO Equipment Co., a division of SMT, is expanding its footprint in the Southwest with the acquisition of Sierra Machinery.

Key Points: 
  • DALLAS, July 27, 2023 /PRNewswire/ -- ROMCO Equipment Co., a division of SMT, is expanding its footprint in the Southwest with the acquisition of Sierra Machinery.
  • "Sierra Machinery has been an employee focused company offering premium products and outstanding customer support for over 40 years.
  • These core values align with ROMCO Equipment Co., and we are excited to welcome Sierra Machinery and their customers into the ROMCO family," said Steve Passmore, ROMCO president.
  • Maria Teran, who had been president and CEO of Sierra Machinery, will continue in leadership role while ROMCO and Sierra integrate their operations.