Construction robots market projected to reach $420mn by 2025

tool hire news octoberConstruction robots market projected to reach $420mn by 2025 according to the construction robots report. The study by Z Research focuses on the production side and consumption side of construction robots and presents the global market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

Currently the remote-controlled demolition robots are dominating the construction robots market, occupying for over 90% of market share in 2016.

For more information on this news story, you can read the full article here.

Construction consultant sponsors fit-out award

tool hire news octoberBelfast-based construction consultants WH Stephens is the sponsor of the commercial fit-out category in the Belfast Telegraph Property Awards 2018.

As project and cost managers, WH Stephens has delivered construction and fit-out projects including the Novelli restaurant at the AC Marriott Hotel in Belfast.

Extending its best wishes to all entrants to the awards, Billy Wallace, managing partner and chairman of WH Stephens, said: “Commercial fit-out is an area of work where Northern Ireland companies have really excelled in recent years as they continue to raise the bar in terms of quality, design and value for money.

For more information on the construction awards, you can read the article here.

JCB auctions unique digger for Royal British Legion

tool hire news octoberTo mark the Centenary of the WW1 Armistice, machinery manufacturer JCB has created a unique ‘Lest We Forget’ mini-digger, with red poppy livery, which is to be auctioned to raise funds for the Royal British Legion.

The 16C-1 model is worth more than £20,000 and all the proceeds from the auction will go to the charity which provides lifelong support for the Armed Forces community. JCB chairman, Lord Bamford, said: “The British Legion’s theme for the Centenary is ‘Thank You’ and we can think of no better way of saying our own thank you than offering a JCB mini excavator to auction off for a charity which supports our brave Armed Forces.”

Global Telehandler Market 2018-2022

tool hire news octoberTelehandlers are material handling equipment (MHE) with telescopic booms, which allow them to lift specified weights up to specified heights. Based on type, telehandlers are classified into fixed and rotating. They have several attachment options such as fork tines, buckets, lifting jibs, and work platforms depending on the type of load and application.

Technavio’s analysts forecast the global telehandler market to grow at a CAGR of 5.92% during the period 2018-2022.

For more information on the telehandler market preditions, you can read Cision’s article here.