CATEGORY

Plant Equipment

Plant equipments are used in warehouses and storage location to move the goods in and around the facility. Plant equipment comprises of forklifts, cranes and small loaders

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Category Alerts


CATEGORY ALERTS

Manelec supplies cranes for AGCO Factory expansion

July 04, 2022
alert level: Medium
CATEGORY ALERTS

Konecranes to deliver 4 hybrid RTGs to Africa

July 05, 2022
alert level: Medium
CATEGORY ALERTS

New Cat 966 GC Wheel Loader Delivers High Performance

July 06, 2022
alert level: Low

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Plant Equipment Market Monitoring Dashboard


Supply Demand

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Plant Equipment Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Plant Equipment category is 6.70%

Payment Terms

(in days)

The industry average payment terms in Plant Equipment category for the current quarter is 60.0 days

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Engagement Model

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Sourcing Process

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Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Plant Equipment Suppliers


    102,505
    Total Suppliers
    3,884
    Diverse Suppliers
    78
    Normalized Supplier Rating
    Plant Equipment Supplier

    Find the right-fit plant equipment supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ALCOA CORPORATION
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    59

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    53
    Social
    57
    Governance
    71
    6 Domains Performance (/100)
    Business behaviour
    59
    Human rights
    56
    Community Environment
    67
    Corporate governance
    77
    Human resources
    53
    Security Scorecard
    85

    Threat indicators
    B
    87
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    66
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    81
    Application Security
    Detecting common website application vulnerbilities
    B
    84
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    84
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    97
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    alcoa.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    1
    Workforce Health Safety Issues
    0
    Product Service Issues
    27
    Human Rights Issues
    0
    Production Supply Chain Issues
    2
    Environmental Non Compliance Flags
    30
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    3
    Fraud Issues
    0
    Labor Health Safety Flags
    29
    Regulatory Issues
    3
    Workforce Disputes
    29
    Sanctions
    0
    esg energy transition
    50
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    Yes

    Plant Equipment market report transcript


    Global Market Outlook on Plant Equipment

    • The global plant equipment market is valued at $135 billion in 2019, and it is expected to grow at a CAGR of 5.0–5.5 percent until 2022, driven by globalization and expected infrastructural growth in key developing countries
    • Global plant equipment demand is expected to be driven by emerging countries (that accounts for 40 percent of the global order), such as China, Japan, and India, due to ongoing industrialization and increasing global trade activity in these markets
    • Mature markets, such as Europe and North America, are expected to increase, but at a slower rate of 4 percent, whereas APAC is expected to grow at a CAGR of 6-8 percent until 2022

    Global Plant Equipment Market(2017)

    • The APAC plant equipment market is valued at $50 billion in 2017 and is expected to grow at CAGR of 8 percent. So it remains as the largest market for the plant equipment due to the presence of emerging economies, such as India, China, and Japan
    • The market for cranes and fork-lifts contributes nearly 60 percent of the plant equipment market and are expected to grow at 6 percent and 7 percent, respectively
    • The major end-user industry for plant equipment are retail and whole sale (incl. food distribution), logistics, mechanical industries holding 70 percent of market
    • APAC is the major market for plant material handling equipment, followed by Europe, Middle East, Africa and America.
    • Europe and North America were the early adopters of material handling solutions for different industries and the trend caught up across different countries, leading to the region's dominance in the global material handling market
    • The main factors that fuel the demand for plant equipment are expansion of warehouse space globally and growth of e-commerce business across the globe

    Market Size and Trend - Forklift

    • The global forklift market is estimated to be valued at $39 billion in 2017 and is expected to grow at a CAGR of 4-5 percent until 2019 driven by globalization of supply chain activities due to increasing global trade and commerce
    • Global forklift demand is expected to be driven by emerging countries (that accounts for 40 percent of the global order), such as China, Japan, and India because of the ongoing industrialization and increasing global trade activity in these markets
    • Matured market, such as Europe and North America are predicted to rise but at a slower rate of 3 percent as compared to APAC and Middle East where the market is expected to grow at a CAGR of 7 percent until 2018

    Market Size and Trend - Crane

    • The global crane market is valued at $37.28 billion as on 2017 and is expected to grow at a CAGR of 5.5–6 percent until 2019 driven by globalization of supply chain activities due to increasing industry and commerce and hence development of logistics industry
    • In 2015, APAC emerged as the largest region for the mobile crane market with over $17 billion in revenues. The construction industry in APAC is witnessing high growth with countries, such as China, India, Japan, Singapore, and Malaysia having earmarked for large-scale investments in urban infrastructure projects
    • Infrastructure and construction sectors were the major sectors for crane equipment constituting 77–79 percent of the demand
    • The cranes are used as a support equipment primarily for utility handling in the mining sector, which constituted 7 percent of the global demand for the year 2015