The global construction equipment market is estimated to grow at an impressive CAGR of 12% by 2020. To outperform in this competitive market, construction machinery and equipment owners and original equipment manufacturers (OEMs) will have to overcome significant challenges such as shorter product development life cycles, rapidly evolving technological landscape, and increasing cost pressures.
Ten of the world’s leading construction OEMs have partnered with Cyient to reduce life-cycle costs and accelerate time-to-market. By leveraging our product design and development frameworks for localization, value engineering, engine integration, and aftermarket services, customers have been able to stay competitive and build differentiated product lines.
We have helped our global customers develop high-performance products for the digital age through our construction and off-highway equipment engineering design services underpinned by our deep industry experience. Cyient’s comprehensive vehicle integration and sub-system-level engineering solutions span the entire equipment life cycle—from concept to prototype and product development—driving high equipment efficiency and enhanced product life. This enables OEMs to realign service offerings and improve agility to quickly adapt to evolving customer needs.
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As a trusted business partner, we focus on empowering clients with the right tools to build safe and robust earth moving, tunneling, and road-building equipment including dump trucks, excavators, loaders, dozers, and compactors. Our approach to a faster product development cycle has resulted in several tangible benefits for our clients.
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