• The Benefits of AI In Construction Trimble

    Author: Sumana Rao
  • Top 10 Benefits Of Construction Equipment Telematics

    Asset Allocation. Telematics data can show you how much each machine is being used on your
  • 7 Benefits of Renting Construction Equipment

    May 11, 2016· Renting construction equipment has increased in popularity for a variety of reasons. A few key contributors to the growth of equipment rentals include the rising cost of purchasing equipment, and an unpredictable market, which has forced construction companies to find ways to save money wherever they can.

  • Benefits of Purchasing Used Machinery in Construction Industry

    Jul 12, 2019· Practical Benefits of Purchasing Used Machinery in construction industry. When you are working in the construction industry, you need to make intelligent business decisions; especially with respect to finances. It’s important to spend the business capital wisely to achieve sustainability and growth in the construction industry.

  • Advantages of Using Construction Equipment with Latest

    Construction equipment with latest technology makes your project more efficient and productive. Find the advantages of construction equipment Benefits of Upgrading Construction Equipment . December 19, 2017 . Check the Market Before You Buy or Sell Your Equipment Building Construction Machinery Industry to Aid ‘Make In India’ Campaign

  • Machinery and Plant Construction Market-specific

    The digital twin is the precise virtual model of a machine or a production plant. It displays their development throughout the entire lifecycle and allows operators to predict behavior, optimizing performance, and implement insights from previous design and production experiences.

  • 25 Shocking Construction Safety Statistics for 2020

    Mar 09, 2020· The construction industry is known for being one of the most dangerous fields to work in. Out of every 5,000 private-industry worker fatalities, 20 percent are in construction. That means one out of every five worker deaths is construction-related! Construction also results in many non-fatal injuries that cost companies millions of dollars per

  • Renting Vs. Buying Construction Equipment: What to

    Regardless of what a company decides, there are always benefits and challenges to renting versus owning construction equipment. The real answer lies in determining your specific needs for each and every project. Matt McLean, product manager, Volvo Construction Equipment, says the economy is the main reason for the growth of the rental industry.

  • Autonomous Construction Equipment and Driverless Vehicles

    May 03, 2018· Heavy-equipment manufacturers are hard at work on autonomous construction vehicles that replicate on construction sites the efficiencies realized by Rio Tinto in Australia. In 2013, for example, Komatsu introduced the semiautonomous D61i-23 dozer, the world’s first dozer with fully automatic blade control.

  • Challenges on horizon for heavy equipment industry OEM

    Oct 17, 2016· Stephen Roy, President, Sales Region Americas, Volvo Construction Equipment. We are in an exciting era for the industry. On the one hand there’s low demand and overcapacity of supply, which in turn leads to greater competition and the competitive challenges that brings with it. The upside is the flight to quality.

  • United States Industry to Equipment Rental to 2024

    Jun 30, 2020· The equipment rental market can be segmented on the basis of type (Party and Event Equipment, General Tools & Construction and Industrial Equipment) and industry (Oil & Gas Industry, Construction

  • The Benefits of Renting Construction Equipment

    Jan 17, 2020· The Notable Benefits of Renting Construction Equipment Stop Paying for Your Equipment When You Are No Longer Using It . If your construction project needs specific equipment for a short duration only, that equipment is liable to stand idly afterward if you buy it. Let the rental company worry about finding other users.

  • CII Construction Technology

    Construction Technology is a collection of multiple CII research practices dealing with technology applications and opportunities to improve project performance in the construction industry. The research validates that the adoption of proven technology can improve construction industry productivity by 30-45%, as well as improved material

  • Construction Equipment Market 2020-2026 Industry Size

    Industry Trends. Construction Equipment Market size exceeded USD 135 billion in 2019 and is estimated to grow at a CAGR of over 4% between 2020 and 2026. According to the market report, the rising number of building maintenance and reconstruction activities in several countries across the globe is augmenting the demand for construction equipment.

  • 5 Reasons Why the Construction Industry is Embracing GPS

    Jul 05, 2018· Theft of construction equipment is a real danger to firms. In Ireland, construction-related crime was shown to actually increase by 35 percent within the space of one year (2016 17). The value of the goods taken from vehicles equated to more than €7.7m, making quite an impact on businesses across the Irish industry.

  • Modern technology in the construction industry

    The adoption of IoT and modern technology can and will be a huge boon to the construction industry. No doubt the top companies are already looking for ways to include it in their practices. Many who choose to adopt new IoT technologies early will reap more benefits. These benefits could include faster inspections and tighter project timelines.

  • Trends in construction machinery hydraulics

    Nov 04, 2015· A critical piece of the construction puzzle is the machinery used to make the work faster, safer and more efficient. Excavators, loaders, graders and dump trucks are common at every construction site, and some of these machines rely on hydraulics for every part of their operation, including the drive wheels in most cases.

  • Construction Equipment Market Size & Share Report, 2020-2027

    The global construction equipment market size was estimated at USD 124.7 billion in 2019 and it is anticipated to expand at a CAGR of 4.3% from 2020 to 2027. Increasing investments by the governments across the world for developing public infrastructure has been one of the prime factors driving the market demand for these equipment

  • 2020 Engineering and Construction Industry Trends

    This year began on a positive note for the sector, with first-quarter growth in total construction spend. But as companies started to gauge the impact of COVID-19 on the US engineering and construction industry toward the end of Q1, confidence among industry leaders plummeted, and other indicators have recently followed suit.

  • 15 Advantages to Renting Equipment Versus Owning It Holt

    Equipment rental appeals to many industries because of its many benefits and advantages. 1. Forgo the Upfront Investment. Equipment, especially large equipment such as an excavator, tracked dozer or a telehandler, is an expensive capital cost that must be planned and might require a “good year” (or a couple) to come about.

  • Top 10 Benefits Of Construction Equipment Telematics

    Mar 15, 2016· Top 10 Benefits Of Construction Equipment Telematics. Top 10 Benefits Of Construction Equipment Telematics He has been writing about the construction industry for years, covering a wide range of topics from safety and technology to industry news and operating insights.

  • How IoT in Construction Will Shape the Industry in 2019

    Oct 29, 2018· IoT in Construction Benefits As previously stated, if IoT is the connection of devices (including people), then this is already happening in construction. Many construction sites have internet connectivity to enable a connected job site. These are more than just fancy toys.

  • 6 Ways Construction Technology Has Transformed the Industry

    Construction management software, GPS, laser-based survey equipment, and laser-guided excavation and tunneling equipment have meant better precision in foundations, perimeters, and corners. The automation of a previously very manual activity has meant there is far less room for error, having a domino effect on time, resources, and, ultimately

  • Technological Advances in the Construction Sector

    The benefits to the construction industry already have been significant in several respects. These include reduced interferences, which are instances where the design of separate systems, such as electrical. Page 70 Share Cite. Construction equipment, in general, assists in moving and assembling materials. Emphasis has been on moving larger

  • Top 10 Benefits Of Construction Equipment Telematics

    Mar 15, 2016· Top 10 Benefits Of Construction Equipment Telematics. Top 10 Benefits Of Construction Equipment Telematics He has been writing about the construction industry for years, covering a wide range of topics from safety and technology to industry

  • Construction Equipment Market 2020-2026 Industry Size

    Industry Trends. Construction Equipment Market size exceeded USD 135 billion in 2019 and is estimated to grow at a CAGR of over 4% between 2020 and 2026. According to the market report, the rising number of building maintenance and reconstruction activities in several countries across the globe is augmenting the demand for construction equipment.

  • Modern technology in the construction industry

    The adoption of IoT and modern technology can and will be a huge boon to the construction industry. No doubt the top companies are already looking for ways to include it in their practices. Many who choose to adopt new IoT technologies early will reap more benefits. These benefits

  • 7 Ways Robotics is Transforming the Construction Industry

    Feb 06, 2017· One of the uses of robotics is to allow for greater automation in various processes. In many aspects of construction, specifically manufacturing, packing and building, automating these processes is becoming the goal. With greater development in robotics and machinery, construction

  • 2020 Engineering and Construction Industry Trends

    This year began on a positive note for the sector, with first-quarter growth in total construction spend. But as companies started to gauge the impact of COVID-19 on the US engineering and construction industry toward the end of Q1, confidence among industry

  • Technological Advances in the Construction Sector

    The benefits to the construction industry already have been significant in several respects. These include reduced interferences, which are instances where the design of separate systems, such as electrical. Page 70 Share Cite. Construction equipment

  • Top heavy equipment manufacturers in USA......

    May 18, 2020· Komatsu. Established in America in 1970 is the world second largest producer of construction equipment. Komatsu America Corp. is a U.S. subsidiary of Komatsu Ltd. Komatsu is a leading manufacturers and suppliers of earth-moving equipment, including construction, mining and compact construction equipment

  • Imagining construction’s digital future McKinsey

    The industry has not yet embraced new digital technologies that need up-front investment, even if the long-term benefits are significant (Exhibit 3). R&D spending in construction runs well behind that of

  • 6 Ways Construction Technology Has Transformed the Industry

    Construction management software, GPS, laser-based survey equipment, and laser-guided excavation and tunneling equipment have meant better precision in foundations, perimeters, and corners. The

  • Pros and Cons of Leasing vs. Buying Equipment QuickBooks

    Jun 25, 2014· For business owners who need certain equipment like computers, machinery, or vehicles to operate, there is a lot to consider. Beyond simply weighing the overall costs of buying or leasing a piece of equipment

  • Construction Machinery Market Share, Size Global

    Aug 12, 2020· North America United States Canada Mexico Europe France Germany Global Construction Machinery Market 2020-2024, has been prepared based on an in-depth market analysis with inputs from industry

  • The Automation of the Construction Industry

    The construction industry historically represents a large chunk of the United States gross domestic product (GDP), and companies have started investing in construction automation and robotic technology to gain an advantage over the competition. This is welcome news, given that the construction industry is growing. Dodge Data & Analytics' 2016 Construction

  • Equipment Rental Industry: Trends & Predictions

    Aug 24, 2018· The equipment rental market has witnessed outstanding growth in the past years. In 2014, a survey showed that even if leasing was still a leading strategy for construction managers, heavy equipment rentals have increased 75% in 2013 to 2014 with specialized equipment

  • 3 ways the construction industry can help the environment

    May 22, 2019· It’s no secret that the construction industry has a significant impact on the environment. According to some studies, construction is responsible for up to 50% of climate change, 40% of