Investigation Of Value Creation In The Projects Of Construction Equipment Manufacturing Industry

Abstract

Abstract: construction equipment manufacturing is a vital sector in the global economy, providing tools and machines for infrastructure construction. It faces challenges like rapid technological advancements, environmental preservation, and profit maximization. The industry offers various services, including intangible products and functional sales. Service strategies include product-oriented, use-oriented, and result-oriented services. Heavy machinery, which is capital-intensive and requires extensive maintenance, is used in various industries. Asset management is crucial for businesses using heavy machinery, combining engineering principles with business practices to maximize return on assets and capital velocity. Maintenance services are essential for high return on investment, and service providers must ensure constant access to them. The construction equipment industry is expected to grow gradually through 2028 due to urbanization and infrastructure initiatives.