applications in various fields such as construction, public utilities, agriculture, and mining. The Fixed Assets magazine of Russia has invited industry experts to hear their views on the production, sales, and service of backhoe loaders under modern conditions. The experts are as follows: - Igor Murashov, Technical Deputy General Manager of XCMG Russia. - Andrey Zabarduyev, Head of Department of GRAND T Technical Center in Moscow. - Renat Ibragimov, General Manager of TECHNOSIS Company in Russia. - Dmitry Abramov, Purchasing Department Manager of Lingong Business of RBA Company in Russia. Please briefly introduce your company first. Igor Murashov (XCMG Russia): XCMG Russia is the official representative of XCMG Group and provides a full range of construction machinery to the Russian market, including backhoe loaders, and offers warranty and post-warranty services. Currently, we have started to receive the first orders for XCMG brand backhoe loaders, models XC8-S2570 with different sizes of tires and XC8-S3570 with the same size tires. At the same time, we are establishing the required inventory of consumables and spare parts. Andrey Zabarduyev (GRAND T Technical Center): Our company focuses on selling and maintaining Weheavy brand backhoe loaders from Weichai. In our product line, there are models with different sizes of tires and models with the same size tires. Last year we sold 300 units, and this year we plan to sell no less than 600 units. Our backhoe loaders have established a reliable and cost-effective image in the market. Thanks to the simple and reliable structure, this machinery can withstand high-intensity loads and use a wide variety of attachments. Because the standard configuration is already equipped with double-flow hydraulic pipelines. The factory's production capacity can reach 3,000 backhoe loaders per year. Renat Ibragimov (TECHNOSIS Company): Since 2013, our company has been engaged in the sales of road and construction special equipment from China and Turkey. We offer backhoe loaders in three price ranges: high-end (Turkish Pi Makina), mid-range (Chinese Xiamen XGMA), and economy (Chinese Shandong Weimeng SHANMON). We provide backhoe loaders with different sizes of tires and the same size tires. There is no problem in supply - currently our Chinese and Turkish partners can fully meet market demand. Sales also show a continuous growth trend. Dmitry Abramov (Lingong business of RBA Company): RBA Company is the exclusive agent of Lingong LGCE brand in Russia, responsible for introducing and selling the brand's equipment and spare parts and providing after-sales service. The LGCE factory was established in 1972. For nearly 20 years, it has been a member of a globally leading European construction equipment production group, which has had a positive impact on the quality of equipment produced by LGCE. The main business of Lingong Group is to produce loaders and excavators. In addition, the LGCE factory also produces graders, vibratory rollers, and backhoe loaders. Currently, we provide a backhoe loader - LGCE B877F to the Russian market. Market situation of backhoe loaders in Russia: Is there a shortage of machines felt, and which types of equipment are in short supply? Andrey Zabarduyev (GRAND T Technical Center): There is a shortage of high-quality machines with reasonable prices felt. Renat Ibragimov (TECHNOSIS Company): According to our observation, there is currently no shortage in the backhoe loader market. Since the withdrawal of Western brands, Chinese brands can meet the demand for high-quality special equipment, which is usually not inferior to European brands. At the same time, it is important that corresponding equipment can be found in all price ranges. Dmitry Abramov (Lingong business of RBA Company): In 2022, the backhoe loader market experienced a shortage of equipment. This was due to the withdrawal of most European brand machines from the market. But in 2023, machines from China and Turkey began to enter the market on a large scale. Some of these products can compete with European counterparts. In 2023, the market has grown significantly compared to before and can meet customers' demand for this type of equipment. At present, there is no shortage in the market. Customers can choose from machines of different price categories and different technical specifications and functions. Does your company have plans to adjust, supplement or replace the product series according to changes in the situation? Igor Murashov (XCMG Russia): The XCMG backhoe loaders XC8-S2570 and XC8-S3570 are completely assembled from Chinese components. Any changes in the situation will not affect the delivery time of the machines nor the complexity of their maintenance and repair. Andrey Zabarduyev (GRAND T Technical Center): Our company, in conjunction with the factory, is working hard to modernize the product series and launch a new generation of equipment. By the end of the year, we will launch a new generation of Weheavy backhoe loaders from Weichai equipped with axial piston hydraulic pumps, joystick control, and front and rear buckets. This will make the operator's working environment more comfortable, significantly reduce fuel consumption, and enable Weheavy equipment to compete with well-known global brands. Renat Ibragimov (TECHNOSIS Company): Currently there is no such plan. We fully meet the equipment needs of our partners. However, we always closely monitor market dynamics, especially customer needs. Therefore, we will be ready to respond to any changes at any time. Dmitry Abramov (Lingong business of RBA Company): In addition to the existing models, we are also developing another machine - a Lingong LGCE backhoe loader with the same size tires. We plan to launch this equipment in the second half of 2025. Please talk about the service and spare parts supply situation of backhoe loaders. Have you increased inventory and product variety to make up for logistical difficulties? Igor Murashov (XCMG Russia): The founder of XCMG Russia is China's XCMG Group. Therefore, considering the rapidly developing friendly relations between Russia and China, we have not encountered any supply problems. All spare parts are original parts and are supplied directly from the XCMG factory. Therefore, there is no risk of counterfeit and shoddy products, which is different from the gray channels for importing parts from other countries. Andrey Zabarduyev (GRAND T Technical Center): This year, our company has built a central spare parts warehouse with an area of 10,000 cubic meters. In addition, we have opened 6 retail branches and more than 30 distribution centers in Russia. Each center is equipped with a spare parts warehouse and a service field team. The inventory value of spare parts is about 100 million rubles. Renat Ibragimov (TECHNOSIS Company): Our service department is equipped with high-quality and modern tools and can perform maintenance and repair of almost any complexity. The spare parts warehouse for our backhoe loaders was well-configured at the beginning, but the product variety is indeed changing, and we are also adapting to the actual situation. Equipment is constantly evolving, so we need to continuously improve skills, inventory and logistics. Dmitry Abramov (Lingong business of RBA Company): The variety and inventory of spare parts of RBA Company have increased mainly because the number of equipment sold by our company has increased. We are committed to ensuring that customers are satisfied with the quality of the products they purchase and the quality and speed of service. Continuously expanding the spare parts inventory is an important part of achieving this goal. The service and spare parts supply situation of backhoe loaders is as follows: XCMG Russia (Igor Murashov): The supply of spare parts is smooth as XCMG Russia is backed by XCMG Group. All spare parts are original and directly supplied from the factory, eliminating the risk of counterfeit products. There are no supply issues considering the rapidly developing friendly relations between Russia and China. GRAND T Technical Center (Andrey Zabarduyev): This year, a central spare parts warehouse with an area of 10,000 cubic meters has been built. There are also 6 retail branches and over 30 distribution centers in Russia. Each center is equipped with a spare parts warehouse and a service field team. The inventory value of spare parts is around 100 million rubles. TECHNOSIS Company (Renat Ibragimov): The service department is equipped with high-quality modern tools for maintenance and repair of various complexities. The spare parts warehouse was well-configured initially, but product varieties are changing and the company is adapting to the situation. As equipment evolves, there is a need to continuously improve skills, inventory, and logistics. RBA Company Lingong Business (Dmitry Abramov): The variety and inventory of spare parts have increased mainly due to the increase in the number of equipment sold. The company is committed to ensuring customer satisfaction with product quality and service quality and speed, and expanding the spare parts inventory is an important part of achieving this goal. To compensate for logistical difficulties, companies have taken different measures such as increasing inventory and product variety. GRAND T Technical Center has built a large central warehouse and expanded its retail and distribution network. TECHNOSIS Company is adapting to changing product varieties and improving logistics. RBA Company is increasing spare parts inventory as its equipment sales grow. As a professional, here are some suggestions for consumers who wish to purchase and maintain backhoe loaders on how to obtain high-quality machines and services and avoid counterfeit products: Igor Murashov (XCMG Russia): Consumers are advised to purchase new machines and obtain after-sales service from the authorized dealer "XCMG Russia". Andrey Zabarduyev (GRAND T Technical Center): Choose a verified supplier. Before purchasing, be sure to inspect the equipment at the dealer and confirm whether the dealer has its own service department and spare parts warehouse. At the same time, try to obtain feedback from customers who have already purchased the equipment and inspect the working condition of the equipment on site. Renat Ibragimov (TECHNOSIS Company): When purchasing any special equipment, especially a backhoe loader, pay attention to four key points when auditing suppliers: 1. Is the company an official dealer or agent? 2. Does the company have its own service department and can provide maintenance at the customer's location? 3. Does the company have its own inventory of high-quality spare parts? 4. Does the company provide warranty for the equipment? If the answers to these questions are all yes, you can be assured that the supplier is not a "gray" supplier and will not provide counterfeit products. Dmitry Abramov (Lingong business of RBA Company): I suggest choosing high-quality equipment and not skimping on expenses when purchasing. Choose a supplier that can provide fast and high-quality service, which is also an indispensable part of commercial equipment sales. Can you make a prediction for the backhoe loader market in 2024? Igor Murashov (XCMG Russia): The withdrawal of American and European brands from the Russian market and the end of their official support have brought many problems to equipment owners. Customers accustomed to high-quality service and equipment will seek excellent substitutes with reasonable prices, and XCMG can just provide such substitutes! Based on this, we are optimistic about the future and expect that the sales of this type of equipment will increase due to new participants in the market. Andrey Zabarduyev (GRAND T Technical Center): Due to the unstable national situation, it is difficult to make any predictions. Renat Ibragimov (TECHNOSIS Company): We need to understand two aspects. 1. We believe that the market will continue to grow, but at some point there may be oversaturation. A large number of Chinese brands will lead to the fact that in competition, they will have to improve service, spare parts supply and provide more favorable conditions. At the same time, the Russian manufacturing industry cannot yet compete with it in terms of technical solutions and production speed. 2. Prices will rise. Considering the increasing scrap fees, we must be prepared to accept price increases. In the market, in any case, customers will gradually adapt to these prices and equipment will be purchased according to existing rules. Dmitry Abramov (Lingong business of RBA Company): According to incomplete data for the first half of 2024, it is expected that the backhoe loader market will be on par with last year by the end of the year.

Syria, located in the Middle East region, has witnessed significant changes in its construction machinery market due to the civil war and unstable political situation in recent years. This article aims to analyze the current situation and competitive landscape of the construction machinery market in Syria so as to provide a comprehensive guide for general knowledge. Firstly, it is important to understand the basic situation of the construction machinery market in Syria. According to the data of the International Monetary Fund (IMF), the Syrian economy was severely hit during the civil war, resulting in serious damage to the domestic infrastructure and a sharp increase in the demand for construction machinery. However, due to the long-term conflicts and sanctions, the country's construction machinery market faces numerous challenges, including supply chain disruptions, import restrictions and a shortage of funds. Secondly, analyzing the competitive landscape of the construction machinery market in Syria requires considering the roles of both domestic and foreign manufacturers. Domestically, some local enterprises, such as the Syria Construction Machinery Company, have been striving to maintain operations and provide necessary construction machinery and services despite the impact of the war. International brands like Caterpillar, Komatsu and Volvo were major players in the market before the war. However, due to the continuous conflicts and sanctions, the market shares of these brands have declined. Furthermore, considering the future development of the construction machinery market in Syria, the reconstruction demand will be a key factor in driving market growth. According to the report of the United Nations Development Programme (UNDP), the estimated cost of reconstruction in Syria is as high as 250 billion US dollars, which will bring huge market potential for the construction machinery industry. In addition, with the progress of the peace process and the gradual normalization of international relations, it is expected that foreign-funded brands will re-enter this market, intensifying the competition. Moreover, for investors and construction machinery manufacturers, it is equally important to understand the regulatory and policy environment of the Syrian market. Currently, the Syrian government is attempting to promote the post-war economic recovery through legal and administrative measures, including simplifying import procedures and providing tax incentives. However, as international sanctions still exist, enterprises trading with Syria need to carefully consider compliance issues. Finally, for enterprises that want to enter the construction machinery market in Syria, establishing local partnerships is an effective strategy. Since local enterprises and distributors have a better understanding of market dynamics and customer needs, cooperating with them can better adapt to market changes and reduce operational risks. In addition, considering the diversity of reconstruction projects, providing customized solutions and high-quality after-sales services will be the key to winning the market. In conclusion, although the construction machinery market in Syria is facing the dual challenges of the aftermath of the war and international sanctions, with the implementation of the national reconstruction plan, the market has huge potential. Both domestic and foreign manufacturers are seeking opportunities, and the competitive landscape is expected to change with the deepening of the peace process and the reopening of the international market. For investors, a deep understanding of market dynamics, compliance requirements and the establishment of a strong local network are the keys to success.

Strategic Evaluation and Forecast of the Southeast Asian Second-hand Construction Equipment Market In 2022, the market size of the Southeast Asian second-hand construction equipment was valued at $1.01 billion, and it is expected to reach $1.47 billion by 2029, with a compound annual growth rate (CAGR) of 5.48% from 2022 to 2029. The research report on the Southeast Asian second-hand construction equipment market includes the following sections: - Earthmoving Equipment: Excavators, backhoe loaders, motor graders and other earthmoving equipment (other loaders, bulldozers, trenchers). - Material Handling Equipment: Cranes, forklifts, telescopic handlers, aerial work platforms (articulated boom lifts, telescopic boom lifts, scissor lifts). - Road Construction Equipment: Rollers and asphalt pavers. - End Users: Construction, manufacturing, mining, etc. - Geography: Indonesia, Thailand, the Philippines, Malaysia, Singapore, Vietnam and others (Laos, Cambodia, Brunei, Myanmar) . Market Insights In 2022, the market size of the Southeast Asian second-hand construction equipment was valued at $1.01 billion, and it is expected to reach $1.47 billion by 2029, with a CAGR of 5.48% from 2022 to 2029. The government's investment in the construction of public infrastructure such as roads, airports, ports and energy sectors is expected to bring strong growth to the region's second-hand construction equipment market. It is expected that the Southeast Asian second-hand construction equipment market will reach 64,378 units by 2029. Countries like the Philippines and Vietnam are expected to experience significant urbanization and total population growth, which will drive the demand for infrastructure construction in these countries. The governments in this region have already introduced a number of plans to help these countries recover from the impact of COVID-19, mainly focusing on infrastructure construction and increasing government spending. The investment in renewable energy projects has increased across the entire region. Countries such as Singapore, Indonesia and the Philippines are all committed to increasing renewable energy projects. Some Southeast Asian countries like Laos, Brunei and Myanmar experienced a slow economic recovery in 2021. However, the government's investment in infrastructure projects related to healthcare, renewable energy and the housing sector is expected to promote economic activities that support the second-hand construction equipment industry in the region during the forecast period. Key Highlights - Earthmoving machinery accounts for the largest share in the Southeast Asian second-hand construction equipment market. In 2022, excavators had the largest market share in the field of earthmoving machinery. - Due to the increase in public infrastructure projects such as railway track extensions, airport construction, bridge and highway renovations in Southeast Asian countries, the demand for excavators in the Southeast Asian second-hand construction equipment market is expected to grow in 2022. - Due to the increase in public infrastructure projects such as railway track extensions, airport and bridge and highway renovations in Southeast Asian countries in 2022, the demand for hydraulic excavators in the Southeast Asian second-hand construction equipment market is growing. Multiple road construction and affordable housing projects are underway in different countries in the region. - The growth of the logistics industry has supported the demand for second-hand forklifts and telescopic handlers in the Southeast Asian market due to the growing demand for goods in the global and domestic markets. The exports of major Southeast Asian countries such as Indonesia, Thailand and Singapore increased significantly in 2022. The growing demand for goods and the use of automation technologies in the manufacturing industry will support the growth of the logistics industry in Southeast Asian countries in 2022. - Due to the rising prices of commodities such as copper, tin, iron ore and nickel in the global market, the mining industry in the Indonesian and Philippine markets has grown, resulting in a surge in nickel mining projects in the region in 2022. Due to the rising price of coal in the global market, the Indonesian government is also investing in coal mining projects. Market Trends and Driving Factors Surge in Financing for Second-hand Construction Equipment In 2021, the governments of Southeast Asian countries planned to invest in infrastructure development projects to overcome the negative impact of the pandemic. Infrastructure projects were postponed as contractors and construction companies faced financial challenges. Facing financial challenges, original equipment manufacturers such as Komatsu, Caterpillar, SANY and Hitachi Construction Machinery provided financial assistance to customers. In 2022, the second-hand equipment financing activities of original equipment manufacturers in Southeast Asian countries surged. Some second-hand construction equipment sellers, such as JLG Finance and Bot Leasing, provided equipment financing services for second-hand equipment buyers. Increase in Urbanization and Infrastructure Development Projects Driving Construction Investment Among Southeast Asian countries, Singapore has the most developed economy and is fully urbanized. Malaysia and Brunei are classified as highly urbanized, while most countries (including Indonesia, Thailand, the Philippines, Laos, Myanmar and Vietnam) are regarded as semi-urbanized. In the past few years, the urban population in the Philippines has grown faster than that in rural areas, mainly due to internal migration brought about by economic development in urban centers. According to the data provided by the Philippine Department of Finance in 2021, of the infrastructure projects worth $20 billion, about $9.7 billion were under construction in 2022. Other Southeast Asian countries such as Thailand, Malaysia and Vietnam are also promoting similar infrastructure and urbanization projects. For example, the Indonesian government planned to invest $430 billion in infrastructure development projects from 2021 to 2024. Most of the country's infrastructure development projects are in the transportation field. The investment projects are divided into three areas - highway, railway and port development, accounting for 29%, 22% and 23% respectively. Southeast Asian Governments Accelerate Renewable Energy Investment As global environmental problems become increasingly serious, the governments of Southeast Asian countries plan to increase their renewable energy generation capacity by 2030 to reduce their dependence on fossil fuels. For example, Singapore's grid-connected installed capacity rose to 376.9 MWp in 2020, with a total of 4,067 solar photovoltaic systems installed. Compared with 2019, this figure increased significantly. At that time, the capacity was 262.4 MWp, and only 3,173 photovoltaic systems were installed. In Malaysia, the government is investing $12.1 billion in the clean energy transition and plans to reduce carbon emissions by 60% by 2035. Due to Singapore's ambitious plan to produce 2 GW of solar energy by 2030, the demand for second-hand construction equipment is expected to increase. The government has launched the SolarNova program and research and development programs to increase solar energy production and achieve this goal. Industry Constraints The growth of the rental market restricts the sales of second-hand construction equipment in Southeast Asian countries. Southeast Asia (including Indonesia, Malaysia, Thailand, Vietnam, Singapore and Cambodia) is a promising region for the rental industry. The prospects of large infrastructure projects and the changes in labor dynamics give reasons to believe that the rental model will be adopted more and more. There are many small rental companies in Thailand, and the rental market has been growing in recent years. Some of the major construction equipment rental companies in Southeast Asian countries include Sin Heng Heavy Machinery Limited (Singapore), Aktio Co (Indonesia) Ltd., UMW, Nishio Rental (Singapore), Tat Hong (Singapore), Superkrane Equipment (Indonesia), Rent (Thailand) Co Ltd., Kanamoto Co., Ltd. (Malaysia), Guzent (the Philippines), Hillcon (Indonesia). Rental companies in this region are increasing the productivity of assets through digital innovation, such as the Internet of Things and telematics for equipment tracking and expanding coverage of new industries through new product lines, thus adding value to rental services. The rising prices of building materials hinder the sales of second-hand construction equipment. In 2022, the prices of steel in Southeast Asian countries soared. The prices of building materials including steel increased by 30 - 40% in 2022, pushing up the overall prices of real estate projects in the country. In 2022, the prices of other building materials in the Southeast Asian market, such as asphalt, increased by 5 - 7%, and the prices of cement increased by 3 - 5%. In addition, the prices of construction projects increased by 30% to 35% in 2022, hindering the completion deadlines of projects. Due to the decline in profit margins caused by the rising prices of raw materials, some contractors were forced to stop construction projects. Hoa Phat Hung Yen Steel Co Ltd, Vietnam's leading steel supplier, announced an increase in steel prices in March 2022. Moreover, the prices of steel in the region had tripled before March 2022. In 2022, the prices of building materials such as sand, marble, cement and bricks also increased. Supplier Landscape - The well-known suppliers in the Southeast Asian second-hand construction equipment market include Caterpillar, Volvo Construction Equipment, Liebherr, Komatsu, JCB, Hitachi Construction Machinery, Kubota, Kobe Steel, SANY and XCMG. - Other well-known suppliers include Yanmar, LiuGong, Sumitomo and Hyundai Construction Equipment. - The leaders in the Southeast Asian second-hand construction equipment market are Komatsu, SANY, Volvo Construction Equipment, Hitachi Construction Equipment and Caterpillar. These suppliers have a strong market share and offer a diverse range of products in the Southeast Asian market. - Yanmar, LiuGong and Sumitomo are niche market participants in the Southeast Asian second-hand construction equipment market, offering a limited range of products, mainly meeting the needs of customers who require earthmoving equipment. - Zoomlion will launch a new 186-foot telescopic boom lift in the Southeast Asian second-hand construction equipment market in 2022.