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Driving Safety, Sustainability and Efficiency
The latest product releases indicate that OEMs are leaving no stone unturned in pursuit of innovations that meet all contemporary requirements – environmentally-friendly, safe, and efficient performance.
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3. Ergonomic Design and Operational Comfort
Ergonomic design and operational comfort are prominent themes in earth-moving machinery. They aim to enhance the efficiency and safety of earth-moving machinery.
Pursuit of More ‘Greener‘ Alternatives
In the main, there have been several aweinspiring innovations in the earth-moving equipment arena. Based on ongoing developments, certainly, OEMs are not resting on their laurels. They are aggressively investing in R&D endeavours to continuously drive toward optimal Safety, Sustainability, and Efficiency in their respective earth-moving vehicle brands
The earth-moving equipment space is never short of activity, regardless of the state of the global economy. Usually, OEMs always take a long-term perspective on their business, looking beyond crises.
As it is panning out, recent reports indicate that major economies are recovering from the effects of the COVID-19 pandemic. Reflecting their confidence in the market, major OEMs are churning out different models of their respective equipment brands from their assembly plants.
Three Earth-Moving Equipment Trends
Mining Business Africa picked out three trends that stand out from reviewing factory-fresh earth-moving equipment releases:
1. Eco-friendly Equipment
Environmental concerns and stricter regulations are shaping the new product development and upgrades of existing ones. For instance, the necessity to reduce noise pollution at sites, cut down emissions, and improve efficiency has prompted the shift towards electric and hybrid machinery and eco-friendly earth-moving equipment.
2. Integration of IoT and Data Analysis
The integration of the Internet of Things (IoT) and data analysis has become core to equipment operations. These enable real-time monitoring, predictive maintenance, and sharper operational insights.
This pursuit illustrates that every OEM is striving to distinguish itself from the pack. If that is what realising a ‘greener‘ environment would take, then it couldn’t be more perfect.
Equipment Rental and Leasing
There are several trends from the customer side. Notably, one of them is the growing popularity of renting and leasing earth-moving machinery for Small and Medium-sized Enterprises (SMEs) contractors and junior mining companies. They regard this as a more cost-effective alternative to bearing the high cost of purchase and maintenance. Through renting, organisations have access to highquality equipment without exorbitant initial investments.