Despite global inflation and supply chain issues, manufacturers are optimistic about the future. Experts expect significant growth in the agriculture and construction fields. Equipment of all types, whether wheeled or track-driven, will play a vital role. Manufacturers all over the world make machinery like excavators, wheel loaders and agricultural equipment . When manufacturers need parts, they know they can turn to CENTA, a supplier with a global reach, for quality couplings.
Growth Expected For Construction and Agriculture Equipment Manufacturing
Construction equipment builds the homes we live in, the places where we work, and the roads that take us from place to place. Heavy machinery used in agriculture provides the food we put on our tables. Facilities around the globe build these vital pieces of machinery.
The Association of Equipment Manufacturers (AEM), which tracks the agriculture and construction equipment markets, expects long-term growth in these sectors. Issues caused by inflation and supply chain problems are resolving. AEM's members are optimistic about the future. Both government investment in infrastructure in the United States and rapid urbanization in emerging countries are expected to lead to future growth in the construction sector.
The global agriculture equipment market may see similar growth. Fortune Business Insights values the size of the this market at $168 billion and expects that to grow to $272 billion by 2029.
Like any other type of machinery, manufacturers rely on a range of suppliers for parts. The quality of a piece of machinery can be directly tied to the suppliers of those parts. Manufacturers need quality parts they can receive on schedule.
No Matter Where Your Machines Are, CENTA Delivers
CENTA has a more than 50-year track record of providing premium flexible couplings. With factories around the world, CENTA can supply partners with the parts they need to make their equipment run. CENTA has facilities in:
- Auburn, Alabama, USA
- Haan, Germany
- Shanghai, China
With a presence in North America, Europe, and Asia, CENTA can supply all major markets. CENTA provides world-class products and support, no matter where you build your world-class machines.
Customers know they can depend on CENTA's global reach. In a recent situation where a customer moved manufacturing to another continent, CENTA met their needs from another location.
Not only does CENTA have a range of couplings available, we also work to develop new technology. More manufacturers are developing machines for reduced carbon dioxide output. CENTA has the components and expertise to solve any equipment needs.
To learn more about CENTA's capabilities, visit the CENTA brand page. Or if you'd like to find out how CENTA's world-class products can help your equipment, talk with an expert today.
Talk to one of our expert sales professionals about how our solutions can efficiently power your business.