Facing uneven demand and competition from imports, heavy industrial manufacturers are looking to expand into new markets, grow in foreign markets, and implement innovative technologies that will improve efficiency and control costs.

1. Construction Machinery
Global demand for construction
machinery is forecast to advance
annually, reaching $218 billion in 2019
5 Trends:
n Reduced costs through flexible and
scalable manufacturing
n Restructuring and streamlining
operations
n Growing equipment rental market
n High-tech development
n Product customization
State of
Heavy Manufacturing
Industries
3.9%
Material Handling
Equipment
Global material handling
equipment market is expected to
grow at a CAGR between
through 2020
5 Trends:
n Automated guided vehicles
n Warehouse control systems
n Energy efficiency
n Larger port terminal cranes
n Increased demand from
E-commerce
3-6%
Rail
Global rolling stock market
predicted to grow at a CAGR of
through 2019
5 Trends:
n Ever-increasing safety
requirements
n Reduced downtime
n Sales to shippers and leasing
companies
n New export markets
n Increasing capacity through
higher axle loads
2.83%
Facing uneven demand and competition
from imports, heavy industrial manufacturers
are looking to expand into new markets,
grow in foreign markets, and implement
innovative technologies that will improve
efficiency and control costs.
Agricultural Machinery
Agriculture and Farm Machinery market
expected to expand at an
CAGR between 2015 and 2022
5 Trends:
n Expanded and tailored product lines
n Growing competition from imports
n Automation to increase productivity
n GPS and autonomous vehicles
n Sustainable design
Truck and Bus
Annual growth
of
is expected in the global
truck market through 2024
5 Trends:
n Emissions compliance
n Increased fuel efficiency
n Increased focus on safety
n Natural gas-fueled
vehicles
n Hybrid-electric vehicles
8.7%
ewi.org 614.688.5146
CAPITALIZING ON INDUSTRY TRENDS
requires technological innovation.
There are 3 Technologies/Capabilities
particularly critical to meeting current
and future Heavy Manufacturing
challenges:
n Modeling for distortion prediction
and mitigation
n Flexible automation
n Additive manufacturing
FOR INFORMATION ON HOW EWI
can help heavy manufacturers apply
innovation to solve their challenges,
please contact Aaron Haines,
Business Development Manager, at
ahaines@ewi.org or 614.688.5146
Mining
Equipment
Mining equipment
market to reach
billion by 2022
5 Trends:
n Sustained market downturn
n Increased focus on safety
n Investment in innovation
n Automated extraction
processes
n Resource nationalism
$
95
3%