Tag Archives: 2016

Heavy equipment predicted to make good sale in 2016

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It is expected to be a great year for the construction, mining and heavy equipment industry as it is assumed that the sales figure of heavy equipment for the year 2016 will be simply splendid and the total credit goes to the way the construction and the mining industry has performed in the last year and the way it will perform in this year. Market pundits have come down with various revelations but it ultimately boils down to the fact that the construction and mining companies are all set to make solid purchase of earth moving machines. There is a huge requirement of these machines as regions like the Middle East have made heavy investments in construction and oil business. It is because of these investments that the heavy equipment manufacturing companies will have a big time opportunity to sell their machines in this market.

Barring the Middle East and other Gulf nations, if we divert our attention to the European markets, we see great prospect there. It had been a great year for the construction industry in Europe and they are only expecting it to grow from here. There seem to be absolutely no sign of any trouble in these segments and therefore it makes more sense for the heavy equipment companies to strengthen their operation there. Many companies are opening up new sites in various European countries and they all are very hopeful about their future prospects. They want to make the most out of this and they do not see a better timing than this.

A good year for the heavy equipment company also means a great year for the buyers of the machine. They buyers can expect a lot of goodies from the company or from its dealer. The most important part of a transaction for a buyer is the quality of the machine and if he gets good quality stuff at a reasonable price, he will be automatically drawn towards the product. Other than that, some buyers are choosier about their brands and they will not easily go for a brand that they have not bought something before. They prefer to be loyal to their brand and this gives an opportunity to that particular brand to sell more of its products in the market. A survey can be done by the brand to check if the consumers who have purchased its machine in the last 5 years prefer to stick to them or go to some other brand. This will give them a clear picture of the mood of the buyers.

In order to increase the sale, they can offer discounts to the buyer or can collaborate with some lending institution which will offer loans to consumers at a very lower interest rate. Consumers are always on the look of such offers and if they get one, they are for sure going to grab it. This will only help to increase the sales figure. They can bring in such innovative offers to up their sales and make this year a great one too.

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Heavy equipment with modern technology will be rolled out in 2016

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Consumers are always on the look of something new, something that can simplify their task without compromising the quality of the work. This has often given companies the chance to innovate and bring something new to the world. It is exactly the same thing when it comes to heavy equipment. People are always on look of machines that are technologically advanced, simple to operate and have the potential to do things in a much simplified manner. Taking this into consideration, the companies that manufacture heavy equipment have jumped into the race of producing machines that are fitted with more gadgets and also easy to understand to put them to work.

Market analysts are of the opinion that the companies are trying to bring in those equipment that can change the very face of the construction industry. This also means that the construction companies who will own these machines will definitely have to pay lot more than what they used to for the ones that is being used now. In a nutshell, bringing in new technology will by all means be a very healthy situation for the construction industry. However, it also raises a doubt of how many guys will actually be able to afford it.

The fact that inducing modern technology in heavy equipment can go a long way and for that matter, there have been a lot of trials that were made in the last many years by different heavy equipment manufacturing companies to incorporate those technologies. This has only made the construction industry a successful business and has also led many people to join in and become a part of this business. Market experts believe that the year 2016 will be a year of integrating modern technologies while manufacturing heavy equipment and give the best to the consumers. This is why many such heavy equipment companies are hiring experienced and qualified engineers who can give the end user innovative machines.

Heavy equipment companies strongly believe that if they want to survive in this market then they have to produce things that are new and that nobody else has made it before. You just can’t steal away other’s ideas. They are not going to work long if you do so and therefore the only way to remain in a consolidated position is to make a master piece that will define your company. Companies like CAT already have their imprint in this industry but not everybody has been so successful and hence it is time that other companies also bring in machines that is built by keeping creativity into consideration.

The new mantra is producing innovative machines that have the ability to ease work for the operator, allow him to complete his work keeping safety in the forefront and also ensuring that the machine consumes less fuel. Consumption of fuel is directly related to the profits of the company and this is why it should be given lot of importance. Overall, 2016 is the year when we will see heavy equipment with the latest technology and expect it to be a great year for the entire industry.

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Heavy equipment industry likely to grow in 2016

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The year 2016 has a lot of things in store for the heavy equipment industry. It has been predicted as the year of prosperity in the construction domain and therefore there will be an up-beat in the heavy equipment industry as well. The sale figure of heavy equipment is assumed to rise. However, it is to be seen that which company will make the most and which one will stand at the edge. The year 2015 has overall been a good year as far as the construction industry is concerned and experts have come down with the analysis that this year will be no different in spite of political uncertainties that has gripped most of the industries. It is perhaps the construction, mining and heavy equipment industry that will not bear the brunt of the uncertain and volatile market. It has more happy time to witness. Apart from minor hurdles things are expected to be well for the industries that are closely connected with the construction sector.

Since the construction industry is doing well, more such businesses are blooming and people are in the mood to buy more advanced heavy equipment. They being more concerned about the environment and hence things are gradually moving towards attaining environment friendly machines. This has given rise to an increase in the demand of heavy equipment that are low of carbon emission and does not harm the environment like the earlier versions. Countries like Germany have induced millions of dollars to produce eco-friendly heavy equipment because they feel that the future of heavy equipment is these eco-friendly machines.

Many other countries are following suit. Though they have not completely given up on producing orthodox machines, they are giving extra impetus on producing green machines. Talking about the overall heavy equipment industry, it seems that the companies in Europe have managed to rope in an increase of 19% in the total sales figure. This is quite a dramatic one as it was not so often seen in the last many years. The sales figure only suggest that on the whole the future of the construction segment is going to be terrific and people can expect to make good business. Not just the old construction house but even the newer ones are getting enough business which is indeed a very good sign for the entire business. Market experts are all happy with the way the market is performing but some are also asking companies to be a bit cautious and not overspend on buying heavy equipment.

The news headlines in the US is no longer coming up with stuffs that speaks ill about the industry. Though some companies may have suffered loses but that does not reflect the complete mood of the industry. So it seems things are better off in the US. If we check the Middle East, there are enormous growth opportunities present for the heavy equipment industry. Countries like Saudi Arabia has shown tremendous growth as far as the construction segment are concerned. This has further glorified the prospect of heavy equipment industry for the year 2016.

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Hiring ace salesman for 2016

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Heavy equipment companies have by now realized that the year 2016 will be a wonderful year for them as far as the sale of heavy equipment is concerned and perhaps this is why they are recruiting salesman in high numbers. They need qualified as well as experienced people who can do the high pressure work with ease and also guys who will stick to their company for years. People who have studied from management schools are welcomed.

There is a huge requirement of people who have studied sales and marketing and know a bit about heavy equipment. Guys belonging from heavy equipment industry can also expect fat packages thus making it an awesome opportunity for everyone. Heavy equipment companies are not only hiring salesman for North America but also for European and Middle East countries. The businesses in Africa are also catching up and therefore there are also opportunities available in these countries.

Since the construction, mining and oil industry are doing well all over the globe, there has been a rise in the employment of salesman. One of the important criteria is that the candidate should be ready to travel and he may have to stay out of station for months and could be even years. Though such candidates will be paid more than the others but they got to be tough and should not feel homesick. Getting such guys is real tough and therefore people who are approaching these companies for interviews should make up their mind in advance and also should be ready to move in case they are being asked to.

There are also certain prerequisites that these heavy equipment companies have from the aspirants. They want them to have some degree of knowledge in heavy equipment. They may not know about the technical aspect as that will not be needed much when you are trying to sell machines but knowing them will always help. You may come across few companies that want their aspirants to even know about the technical aspect. If not in complete detail but definitely should have sound knowledge about what they are dealing with. For instance, if they are trying to sell a machine that is used to extract oil, then ideally companies prefer the salesperson to know the basics of the machine and in case if he manages to gather more information then he stands a fair chance to get quick promotion. So the knowledge he has about the subject can fetch him good results.

Countries like Saudi Arabia, Dubai and other Gulf nations are busy constructing sky touching buildings. The construction companies out there want hi-tech machines that simply the job of the operator in many ways and also help to get the work done in a shorter time. Here the role of a knowledgeable salesman becomes quite essential. He will then not sell machines that are being asked to him to sell. He will rather try to understand the requirement of the client and pitch his products accordingly. This approach of his will be highly appreciated by the company and he will have a higher chance to sell more equipment. Overall, the year 2016 will be a good one for heavy equipment salesman.

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2016 will be the year of heavy equipment

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Since heavy equipment industry and the construction industry are so closely interconnected with each other that they have an ever lasting impact on each other. For instance, if the construction industry is not doing well, the impact will definitely reflect on the heavy equipment industry as well. Heavy equipment companies will find it hard to sell their machines in the market as there will be no buyers for them. If the buyers are also having a hard time to deal with any crisis that comes up in the construction sector, they are most evidently not going for any more purchases of machines and will wait for the market to resurrect. Till that time, heavy equipment companies will be out of business.

However, things are better off and the year 2015 was indeed a good one for both the industries. The construction sector was at its peak and so was the heavy equipment industry. It was believed that no other sector was able to generate employment as much as the construction sector and they had given big orders to produce earth moving machines. Moreover, with the advent of Paris summit that was held last year, it was urged to many such heavy equipment producing companies to concentrate of manufacturing machines that emit less carbon. The goal is to reduce carbon footprint so that we can all make this world a livable place and are not tormented by natural calamities.

After this summit, government of various countries have asked these companies to focus on producing green machines and are simultaneously also trying to prepare a market for it. Governments are ready to waive some taxes if the construction companies are willing to go green and reduce carbon footprint. This will be a big step towards having a clean environment and may also garner support from people within the industry. Once the government of all countries issues law that will state companies using green heavy equipment will save on tax for the next few years there will be an increase in the sale of eco-friendly machines. Big construction houses will no longer want to work on the traditional machines and will demand for green machines.

This will give the opportunity for the heavy equipment manufacturing companies to design machines that emit less carbon. It is therefore believed that the year 2016 is an instrumental year for both the construction and the heavy equipment industry. This year will possibly see a change in the nature of machines and the earth moving companies will have to work hard to keep up to the demand of the construction industry. Since this will be the beginning, the heavy equipment companies have to ensure that the machines they produce should be of ace quality as there are high chances that due to shift in technology they might end up messing the overall product. They have to make sure that the goodwill that they have created and maintained should not be tarnished by the change in technology.