Are the giants joining forces to start an intelligent revolution?
Against the backdrop of growing global infrastructure construction demand and rising labor costs, the construction machinery industry is undergoing a profound transformation driven by digitalization, automation and intelligent technologies. Marriage between construction machinery giants and technology companies: an intelligent revolution in the field of mechanical control Recently, three major collaborations, including Volvo Construction Equipment and […]
“Trump’s New Tariffs to Spike U.S. Construction Machinery Costs by $4.2B—Will Consumers Foot the Bill?”
U.S. President Donald Trump announced a series of new trade tariffs on what he called “Liberation Day,” which are projected to raise the cost of construction machinery imported into the United States by approximately $4.2 billion. Key Data & Analysis Net Import Share: 20% of construction machinery sold in the U.S. in 2024 (28.7万 units sold nationwide, […]