A much higher proportion of the workforce of the EU-27’s machinery and equipment manufacturing sector in 2007 were men (81.9 %) than was the case across the non-financial business economy as a whole (64.9 %). This was a characteristic noted in all of the Member States for which data is available (2), although most notably in Cyprus and Estonia. In common with most industrial activities, a much higher proportion of the EU-27’s machinery and equipment workforce were engaged on a full-time basis (94.8 %) in 2007 than was the case across the non-financial business economy (85.7 %). This was also a characteristic noted among all of the Member States for which data is available (3). About one in every five (20.1 %) workers within the EU-27’s machinery and equipment manufacturing sector was aged under 30 years, whereas such so-called young workers represented closer to one in every four workers (24.3 %) within the EU-27’s non-financial business economy as a whole. The relatively older profile of the machinery and equipment manufacturing sector was underlined by a higher share of workers aged over 50 years (25.1 % compared with 21.9 % for the non-financial business economy).
Incorporation of electronic based capabilities such as GPS (Global Positioning System) in agricultural equipment helps in interconnecting various other device in order to create a systematic approach, enabling technology to become a part of overall system of systems. Escalating need to harvest multiple crop types is expected to propel industrial machinery market size. These technologically equipped products aid in elevating productivity as well as efficiency. Furthermore, increasing R&D in various segments such as steering systems, data management, automation of operations and interface is likely to positively impact industrial machinery market share.
Favorable regulatory norms regarding tax benefits for infrastructure ventures is likely to fuel the construction activities in countries such as India, Japan and South Korea. Increasing demand for products such as earthmoving equipment is anticipated to offer potential growth opportunities due to rapidly growing urban population. Excavators are mainly used in general grading/landscaping, heavy lifting, demolition, brush cutting with hydraulic attachments, river dredging and digging trenches. Heavy duty excavators are primarily implemented in heavy construction and mining industries. Rising prevalence of capacity augmentation in cement industry is forecast to catalyze the excavator market growth and thus fuel the industrial machinery market size over the timeframe.
Risks involved in mining activities such as slope failures and rock falls is likely to hamper the industry growth. Surface mines are massive industrial sites where humans deal with huge and moving equipment. Factors such as blind intersections and obstructions as well as irregular road designs may also hinder the industry demand.
What is driving the construction, building materials and mining machinery industry? For years, exhibitors and visitors have found answers to these questions at the world’s leading trade fair, bauma. Forward-looking, bauma offers the international industry a common platform for profitable innovations, cross-border exchange and far-reaching perspectives. See for yourself.
With more than 3,500 exhibitors and almost 630,000 visitors, bauma has set the global industry for construction, building materials and mining in motion. The interplay of international entrepreneurs, renowned experts and a savvy audience once again set impulses for the future at the Munich exhibition center in 2019.
Every year the number of participants increases steadily – and with good reason: Because nowhere else in the world can you find a comparable density of international key players, innovative problem solving and intensive industry exchanges. The consistently excellent ratings of the trade fair participants speak for the quality of their offer.
Creating added value and driving companies forward: they owe their worldwide reputation to their high standards of innovation, which regularly attracts worldwide key players and innovation drivers to bauma. Their goal is to present our visitors with the most promising solutions that the industry offers.
In view of the high quality standards for innovation and relevance, it is not surprising that bauma has an enormous line-up of doers and decision-makers among its visitors: Almost 70% of the visitors are decision-makers in their companies, just under a fifth of which are decisive. At bauma, you have the ideal opportunity to build lucrative business relationships and network profitably with the industry.
Not only the exhibitors, but also visitors come from a wide range of origins: they have a unique collection of international visitors, some of whom have traveled long distances to keep up with the pulse of the industry. These are optimal framework conditions for establishing extensive global business relationships.
“The bauma is Caterpillar’s largest corporate fair. In total, Caterpillar and our brand family, together with Zeppelin Cat, use an exhibition area of almost 13,000 square meters. We show 64 machines. 20 of them are completely new, and this is the highest number of new products that Caterpillar has ever presented at bauma. We are very happy to meet our customers, colleagues, suppliers and dealers here. ”
Ramin Younessi, Group President of the Construction Industries Segment – Caterpillar Inc., USA-
“Every bauma is something special. In 2019, however, everything topped for Herrenknecht. The quality and quantity of the decision-makers from our target groups was outstanding, the response from our customers was great and more global than ever before. ”
Dr. -Ing. Eh Martin Herrenknecht, Chief Executive Officer – Herrenknecht, Germany-
“Bauma is the largest stage for our industry, both in terms of the number of brands represented here and the technologies and innovations shown. We had more customers and more orders than last time and are therefore very satisfied with this year’s bauma. Our customers came from all over the world. Thank you for the support of the bauma team! “
Phil Zhao, Brand Management – Sany Group, China-
What is the status quo of research and science? Which topics influence the industry? What is concrete in the pipeline? Information is provided by ‘Research live – 11th International Information Center for Universities and Institutes. The topics: from Building 4.0 and IoT to new construction and extraction technologies to efficient component solutions, modern operating environments and autonomous machines and processes.
‘Research live’ presented itself with a new concept and a new location in the foyer of the International Congress Center Munich (stands ICM.310 and ICM.309). The international performance show of universities and scientific institutes brings us up to date on the latest research in an interdisciplinary manner. On site: staff and students from 21 chairs at 14 universities.
What was offered here on 300 m² of space with ten stands and the study information point (stand ICM.307)? Current research results around construction machinery, building material systems and mining technology. In addition, five start-ups and spin-offs highlighted the economic potential of research projects – including a number of finalists and nominees for the bauma innovation award.
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