| With the rise in the growing economy there has | | | | been put into effect. Earlier, for security purposes |
| been increase in the development of the | | | | companies used to tie up the construction |
| infrastructure. For this construction work has been | | | | equipment with chains and padlocks but of late |
| on rise, which have led to the demand of | | | | these have been proved to be inefficient. |
| construction equipment. Construction equipments | | | | Now-a-days construction companies are asking |
| are of various types and serve different | | | | the manufacturers to instill laser-cut identification |
| purposes. | | | | labels with key identification numbers. These key |
| Heavy construction equipment include bulldozers | | | | numbers would prove to be the tracking number |
| & track loaders, rubber tire loaders, cable | | | | just like engine number and chassis numbers in |
| cranes, hydraulic cranes, stationary cranes, | | | | automobiles. A proposition of seventeen-digit |
| graders scrapers & rollers, paving equipment, | | | | global numbering system has been put forward in |
| rock crushers, screeners & washers, | | | | the construction industry to prevent stealing of |
| trenching equipment, etc. There has been technical | | | | construction equipment. This would ensure |
| advancement also in the attachments and part | | | | recapturing of stolen construction as well |
| required for the construction equipment. Three | | | | prevention of shipment of stolen construction |
| are various types of buckets, blades, couplers | | | | equipment to other neighboring countries. |
| cutters, forks, grips, hammers and shovels. | | | | Advancement in the construction industry has led |
| There has been a growth in companies opting for | | | | to development of operator |
| rental construction equipment or leasing them. The | | | | comfort--air-conditioned cabs, steering wheels that |
| main reason behind this is lower capital investment | | | | can be tilted and devices to prevent noise |
| and lower maintenance. Moreover, good | | | | pollution. Producers are featuring global positioning |
| construction equipment is available at great | | | | satellite technology for improved surveying and |
| bargain prices. This construction equipment give | | | | for use in driver-less trucks operating on a fixed |
| good productivity paralleled to new equipment. | | | | route. |
| Also the smaller fleet ar able to squeeze out | | | | Increase or decrease in the construction sector |
| construction equipment. | | | | directly affects the sale or purchase of the |
| Apart from purchase, leasing and rental of the | | | | construction equipment. If the economy of the |
| construction equipment, there are also security | | | | country is growing at a healthy pace, it leads to |
| issues attached to them. These days companies | | | | development of new projects as well as |
| and constructors are much worried about securing | | | | upgrading the older ones. All this requires |
| their construction equipment. Since construction | | | | construction equipment either to be purchased or |
| equipment do not have any tracking number on | | | | leased by the construction companies. Further, an |
| them thus recovery of any stolen construction | | | | association for the inspection and certification of |
| equipment is very difficult. Most of the time the | | | | used construction equipment has been formed. |
| construction equipment is recovered several | | | | This has been done to promote online sales of |
| kilometers away from the construction site. But | | | | used heavy construction equipment. This is |
| recovery of equipment is very difficult. Thus a | | | | required by the companies taking up projects at |
| new system of putting the tracking number has | | | | various locations in the foreign land. |