PROJECT MANAGEMENT
3 CHINA
Weichai Group , a prominent industrial equipment multinational conglomerate based in China , held the 2024 Technology Incentive and Commendation Conference , granting 65 million yuan in recognition of significant scientific research achievements and exceptional tech talent within the company . Tan Xuguang , Chairman of Shandong Heavy Industry Group and Weichai Group , delivered a speech on the progress in science and technology innovation , outlined the strategic plans for future technological advancements , and emphasised the commitment to promoting the engineer ’ s spirit .
4 AUSTRALIA
The Australia compact construction equipment market is expected to grow at a CAGR of approximately 5.09 % from 2022 to 2029 . The Australia Compact Construction Equipment Market – Strategic Assessment & Forecast 2023 – 2029 report has been added to ResearchAndMarkets . com ’ s offering . Compact excavators accounted for the largest market share of the Australia compact construction equipment market in 2022 . Construction industry end-users accounted for Australia ’ s most significant share of compact construction equipment ; compact equipment sales grew sharply in 2021 post-pandemic . The sales increased due to rising infrastructure investment and housing sector across the country .
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