Organizers of the leading international construction machinery trade fair, bauma 2013, say the demand for mining machinery will only increase as construction of major infrastructure projects planned across the globe begin.
Organizers Messe München International (MMI) says this year’s bauma will play a crucial role in linking manufacturers with investors and governments needing to contract work on massive construction projects and mining resources to produce the materials.
Brazil is hosting the World Football Cup in 2014, followed by the Olympic Games in 2016 and is committed to an enormous program of investment and infrastructure projects to cater for the events. “For this they need raw materials. And to extract these, specialist machinery is required,” says German Trade Association of Mining Machinery Manufacturers chairman Dr Paul Rheinländer.
The bauma 2013 event in Munich from April 15-21 will see manufacturers from across the world showcase their latest machinery and technology for the mining machinery sector.
Since 2007 sales by the mining machinery manufacturers in the German Trade Association of Mining Machinery Manufacturers, which is a part of Germany´s VDMA engineering federation have risen by an average of 13% per year. “With these figures, we are one of the few sectors in Germany that grew right through the downturn,” says Paul Rheinländer.
He says the reasons for this growth lie in rising demand for raw materials and in the high quality of the products themselves. The export ratio for this sector in Germany is at around 92% and in 2012 the value of machinery exports is put at €5.33 billion.
The association welcomes the raw materials partnerships secured with Mongolia and Kazakhstan, aimed at not only securing supplies of raw materials for Germany, but also strengthening machinery sales in these countries. Similar agreements with Australia, Canada and Chile are also in the pipeline.
MMI says the signs look good for growing demand for mining machinery in the longer terms as well. The organization says more and more countries, in particular Brazil, Russia, India and China – have a growing middle class which has high spending power and an appetite for consumption. Correspondingly, demand for raw materials is rising to cater for these countries and for the world as a whole, where the population continues to increase. The manufacturers of mining machinery are set to benefit from these trends.
The last bauma, in 2010, attracted 3256 exhibitors from 53 countries, and more than 420,000 visitors from 200 nations.