LiuGong

LiuGong Enters Second Half of 2023 with Continued Momentum, Strong Sales, Enhanced Team and Electric Energy

Retrieved on: 
Wednesday, July 12, 2023
Pressure, Chongqing International Construction Corporation, Senior, Friends, Marketing, Battery electric vehicle, Channel, Government, Investment, CONEXPO, Growth, OEM, Rare-earth element, Renewable energy, Video game, Management, Heavy equipment, Cement, LiuGong

LiuGong reported $3.932 billion in construction equipment (CE) sales in 2022, per the 2023 KHL Yellow Table released by International Construction in its May-June 2023 issue.

Key Points: 
  • LiuGong reported $3.932 billion in construction equipment (CE) sales in 2022, per the 2023 KHL Yellow Table released by International Construction in its May-June 2023 issue.
  • "LiuGong as a corporation made big investments and commitment to be in the forklift in material handling business," Ryan said.
  • The second half of the year also sees LiuGong enhance its leadership team to keep up with that growth.
  • LiuGong has several either expanded or new growth opportunities the second half of 2023 and is looking ahead to 2024 as one of the industry-leading battery electric vehicle manufacturers.

The 14th International Infrastructure Investment and Construction Forum Kicks Off in Macao

Retrieved on: 
Friday, June 2, 2023
Dai, European Union Chamber of Commerce in China, China International Contractors Association, Exhibition, Metallurgical Corporation of China, CRRC, Volvo, China Railway Construction Corporation, Power Construction Corporation of China, Construction, Forum, Beijing Urban Construction Group, Metalworking, XCMG, China Communications Construction Company, Shaanxi Construction Engineering Group Corporation, China Poly Group, LiuGong, City, Digital, Belt, Investment, China Energy Engineering Corporation, Belt and Road Initiative, 1998 abduction of foreign engineers in Chechnya, Commerce, Renewable energy, Huawei, Sanitation, Caterpillar

MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.

Key Points: 
  • MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.
  • The Forum featured a specialized exhibition that attracted an unprecedented number of exhibitors, surpassing previous editions.
  • Prominent participants included China Communications Construction, China Construction Engineering, China Railway Construction, China Electric Power Construction, China Energy Engineering, CRRC Corporation, China Poly Group, Metallurgical Corporation of China, China Nonferrous Metal Industry's Foreign Engineering and Construction, Norinco International, Genertec International, Beijing Urban Construction, Beijing Construciton Engineering, Shanghai Tunnel Engineering, Shaanxi Construction Engineering, Hunan Construction Investment Group and other world-renowned contractors, as well as Huawei, Caterpillar, XCMG, Volvo, LiuGong and many other industry-leading manufacturers, suppliers and institutions.
  • It effectively portrayed the strength and technological advancements of Chinese contractors to a global audience.

The 14th International Infrastructure Investment and Construction Forum Kicks Off in Macao

Retrieved on: 
Friday, June 2, 2023
Dai, European Union Chamber of Commerce in China, China International Contractors Association, Exhibition, Metallurgical Corporation of China, CRRC, Volvo, China Railway Construction Corporation, Power Construction Corporation of China, Construction, Multimedia, Forum, Beijing Urban Construction Group, Metalworking, XCMG, China Communications Construction Company, Shaanxi Construction Engineering Group Corporation, China Poly Group, LiuGong, City, Digital, Belt, Investment, China Energy Engineering Corporation, Belt and Road Initiative, 1998 abduction of foreign engineers in Chechnya, Commerce, Renewable energy, Huawei, Sanitation, Caterpillar

MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.

Key Points: 
  • MACAO, June 2, 2023 /PRNewswire/ -- The 14th International Infrastructure Investment and Construction Forum ("IIICF" or "the Forum"), co-hosted by the China International Contractors Association and the Macao Trade and Investment Promotion Institute, commenced in Macao on June 1.
  • The Forum featured a specialized exhibition that attracted an unprecedented number of exhibitors, surpassing previous editions.
  • Prominent participants included China Communications Construction, China Construction Engineering, China Railway Construction, China Electric Power Construction, China Energy Engineering, CRRC Corporation, China Poly Group, Metallurgical Corporation of China, China Nonferrous Metal Industry's Foreign Engineering and Construction, Norinco International, Genertec International, Beijing Urban Construction, Beijing Construciton Engineering, Shanghai Tunnel Engineering, Shaanxi Construction Engineering, Hunan Construction Investment Group and other world-renowned contractors, as well as Huawei, Caterpillar, XCMG, Volvo, LiuGong and many other industry-leading manufacturers, suppliers and institutions.
  • It effectively portrayed the strength and technological advancements of Chinese contractors to a global audience.

Germany Construction Equipment Rental Market Assessment Report 2023: An $8.363 Billion Market by 2028 - Surge in Inflation Rate & Energy Prices Supports Construction Rental Market - ResearchAndMarkets.com

Retrieved on: 
Friday, April 14, 2023
Construction & Property, Other Construction & Property, Insurance, Maintenance, Construction, Volvo Construction Equipment, UMT, DHL, Hitachi Construction Machinery, Airport, JCB, Komatsu, SANY, Maersk, Steel, Government, Terex, ERA, JLG, Federal Statistical Office of Germany, Wood, XCMG, Digital technology, Iron, LiuGong, Growth, Mobile app, IMF, Lease, Renting, Warehouse, Heavy equipment, Liebherr, Caterpillar

The rental of construction equipment provides the benefit of avoiding the high capital costs, costly maintenance of construction equipment & availability of new technology-equipped construction equipment.

Key Points: 
  • The rental of construction equipment provides the benefit of avoiding the high capital costs, costly maintenance of construction equipment & availability of new technology-equipped construction equipment.
  • Sharp rise in inflation, high energy prices, & growing prices of building materials are expected to support the Germany construction equipment rental market growth.
  • Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, JCB, Hitachi Construction Machinery, Hyundai Construction Machinery, and Prominent vendors in the Germany construction equipment rental market SANY & XCMG.
  • Liebherr, Caterpillar, Volvo Construction Equipment, JCB, & Komatsu are the Germany construction equipment rental market leaders and have a strong industry share.

Southeast Asia Used Construction Equipment Market Assessment Report 2023-2029: Surge in Used Construction Equipment Financing and Accelerating Renewable Energy Investments Bolsters Demand - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 23, 2023
Other Construction & Property, Construction & Property, Machine Tools, Metalworking & Metallurgy, Manufacturing, JCB, Carbon, Housing, XCMG, Urbanization, USD, Komatsu, Department of Finance (Philippines), Airport, Tin, PV, Construction, Research, Hitachi, Volvo Construction Equipment, Coal mining, Growth, Copper, Government, Nickel, Face, Hitachi Construction Machinery, Kobe Steel, Original equipment manufacturer, JLG, Shipbuilding, Heavy equipment, Renewable energy, Caterpillar, Liebherr, LiuGong, Yanmar, SANY, Sumitomo Group, Kubota

Southeast Asia used construction equipment market is expected to reach a value of $1,470 billion in 2029 from $1,012 million in 2022, growing at a CAGR of approximately 5.48%

Key Points: 
  • Southeast Asia used construction equipment market is expected to reach a value of $1,470 billion in 2029 from $1,012 million in 2022, growing at a CAGR of approximately 5.48%
    The Earthmoving segment has the largest share in Southeast Asia used construction equipment market.
  • Prominent vendors in Southeast Asia used construction equipment market are Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, JCB, Hitachi Construction Machinery, Kubota, Kobelco, SANY & XCMG.
  • Market leaders in Southeast Asia used construction equipment market are Komatsu, SANY, Volvo Construction Equipment, Hitachi Construction Equipment, & Caterpillar.
  • Zoomlion is set to launch a new 186ft telescopic boom lift in Southeast Asia used construction equipment market in 2022.

LiuGong North America to Showcase Company Growth, Battery Electric Vehicle Technology and 8 New Products at CONEXPO 2023

Retrieved on: 
Wednesday, February 22, 2023
Record, Las Vegas Festival Grounds, Construction, Lifting, Investment, Las Vegas Convention Center, CONEXPO, Excavator (microarchitecture), Growth, ZTS, Excavator, Heavy equipment, LiuGong

"The LiuGong presence at CONEXPO/CON-AGG 2023 is a culmination of our growth strategy, new product development and investment made by members of our expanding dealer network," said Andrew Ryan, President, LiuGong North America.

Key Points: 
  • "The LiuGong presence at CONEXPO/CON-AGG 2023 is a culmination of our growth strategy, new product development and investment made by members of our expanding dealer network," said Andrew Ryan, President, LiuGong North America.
  • The future is bright for LiuGong as a company, and we're looking forward to the week ahead in Las Vegas."
  • Headlining the LiuGong display is one of its battery electric vehicles, the 856H-E MAX Wheel Loader.
  • The full list of LiuGong North America products at CONEXPO includes:
    856H-E MAX Wheel Loader (battery electric vehicle; LiuGong North America launch)
    9027F-E Excavator (battery electric vehicle; display vehicle only)

United States Used Construction Equipment Market Assessment & Forecasts 2022-2028: Supply Chain Disruption of New Equipment During Pandemic Continues to Drive the Demand - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 15, 2022
Construction & Property, Building Systems, Case Construction Equipment, Agriculture, Caterpillar, Labour Statistics Convention, 1985, COVID-19, Ageing, Construction, Bureau of Labor Statistics, Sale, Nitrogen, Forestry, Tadano Limited, Acquisition, Bureau, Air pollution, Equipment, Industry, Mining, Government, Infection, Investment, LiuGong, Life expectancy, Tier 4, Death, CAGR, Privacy and the US government, Excavator, Federal government of the United States, Energy Information Administration, Terex, Airport, Particulates, BLS, Renewable energy, Heavy equipment, Animal, Farmer

Recovery in the supply chain of new construction equipment post-pandemic and rising rental markets are a major threat to the demand for used construction equipment in the US market.

Key Points: 
  • Recovery in the supply chain of new construction equipment post-pandemic and rising rental markets are a major threat to the demand for used construction equipment in the US market.
  • Supply Chain Disruption of New Equipment During Pandemic Continues to Drive the Demand for Used Construction Equipment Market in the U.S.
    COVID-19 positively impacted the demand for used construction equipment in the US market.
  • This mismatch of demand & supply of used equipment pushes up the prices of used equipment in the US market in 2021.
  • Therefore, the up-gradation of emission standards in the US is expected to adversely impact the demand for larger used equipment, which is older used equipment construction in the market.

Argentina Construction Equipment Market Assessment and Forecast Report 2022-2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 28, 2022
Construction & Property, Other Construction & Property, MercadoLibre, Original equipment manufacturer, Food, Time, Investment, Argentine peso, Sydney Freight Network, Inter-American Development Bank, Industry, Government, Construction, 5G network slicing, Volvo, Gold, COVID-19, Data analysis, 36, PayPal, Hitachi Construction Machinery, Mining, Internet, GDP, Technology, SME, IMF, PPP, XCMG, Public–private partnership, Depreciation, Efficiency, INDEC, Sany, Engineering, Volvo Construction Equipment, Growth, Investor, IOT, Population, World Bank, Lithium, Transport, Renewable energy, Heavy equipment, Rail transport, SANY, Hyundai, Caterpillar, LiuGong

The "Argentina Construction Equipment Market - Strategic Assessment and Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Argentina Construction Equipment Market - Strategic Assessment and Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • The increase in inflation is expected to restrict construction equipment imports, slowing construction projects and, as a result, adversely affecting the demand for construction equipment in Argentina.
  • The material handling equipment market was the largest segment in Argentina construction equipment market, followed by earthmoving and road construction equipment.
  • The construction equipment market is consolidated, with XCMG the leader, followed by SANY Group, Komatsu Group, Caterpillar, and Volvo Construction Equipment.

Electric Construction Machines Vital for Cleaner and Greener Construction, Says IDTechEx

Retrieved on: 
Wednesday, March 16, 2022
Penta, Construction, Solution, Atmosphere, DC, Volvo Penta, Health, Original equipment manufacturer, Komatsu, JCB, Adoption, CAGR, Safety, Occupational cancer, Electric vehicle, Communication, Research, CO2, Volvo, Volvo Construction Equipment, Ownership, Maintenance, Heavy equipment, Rail transport, LiuGong

Leading construction machine OEMs and suppliers already recognize that powertrain electrification is set to become a key zero-emission technology for construction machines.

Key Points: 
  • Leading construction machine OEMs and suppliers already recognize that powertrain electrification is set to become a key zero-emission technology for construction machines.
  • The new IDTechEx report, " Electric Vehicles in Construction 2022-2042 ", is a deep dive into this nascent market, that highlights technical and economic considerations of powertrain electrification over the diverse range of mobile construction machines and provides a comprehensive inventory of ongoing construction machine electrification projects worldwide.
  • Given the necessity for zero-emission construction machines, IDTechEx forecast that in 2042, the global electric construction machine market will be worth $105 billion (CAGR 25.6%).
    "
  • Electric Vehicles in Construction 2022-2042 " analyzes ongoing electrification work over the range of construction machine types, including excavators, wheel loaders, cranes, and telehandlers.

LiuGong Wide Body Mining Dump Trucks Equipped with Allison 4800 Off Road Series™ Transmissions Exported to Colombia

Retrieved on: 
Wednesday, March 16, 2022
Trucking, Mining, Minerals, Transport, Coal, Natural Resources, Energy, Other Transport, Phrase, Continual power system, PTO, Solution, Government, OEM, ALSN, Annual report, Vaccine, Allison, United Kingdom, Sumathi Best Television Current Reporting Award, The World's Work, Allison Transmission, Multimedia, AMT, COVID-19, Adoption, ORS, Max, Forward-looking statement, Transport, Environment, Mining, Torque, Research, Transmission, WBMD, NYSE, Industry, Efficiency, Terminology, Maintenance, Heavy equipment, China Yuchai International, LiuGong

View the full release here: https://www.businesswire.com/news/home/20220316005633/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220316005633/en/
    Equipped with Allison 4800 Off-Road Series(ORS) fully automatic transmissions, wide body mining dump (WBMD) trucks manufactured by Chinese heavy machinery OEM LiuGong were exported to Colombia for the transportation of coal deposits.
  • (Photo: Business Wire)
    This award represents another milestone in Allisons pursuit to capture market share in the global wide body mining dump truck market.
  • Our wide body mining dump trucks equipped with Allison fully automatic transmissions are well received at home and abroad as they can face severe duty-cycles and any harsh environment without compromising productivity and efficiency.
  • The Allison 4800 ORS requires only periodic fluid and filter changes to maintain peak performance, resulting in more vehicle uptime and lower maintenance costs.