November 2013 – May 2014 results show that the top 5 brands have held their places as the parts most searched for during this period. Caterpillar, Komatsu, Volvo, JCB and Hitachi maintained their order from the previous 6 months. However Case took over the the next position which was previously held by John Deer.
Closer analyses illustrates the exact types of machines for which people have been searching for parts. Not much movement in the types of machines since our last report with excavators accounting for the the largest portion.
All Requests can be viewed on the website with more information of the type of parts people are searching for. Requests vary enormously including hydraulic pumps, engines, axles, final drives, cylinders, transmissions, gaskets, injectors and much more.
The eagerly awaited updated figures for parts requests have been released for the past six months. CAT still retain their top position with 20% of all parts requests submitted followed by Komatsu, Volvo, JCB and Hitachi. Previously only the top five made it into the list but it was decided to stretch this out to six as John Deer was so close with only 12 requests less than Hitachi.
We have also included a breakdown by types of machines we are receiving the most requests. Excavators are by far the most popular with 39% of all requests.
So far, UrParts has processed over 12,000 individual parts requests for engines, final drives, transmissions, buckets and so much more for Construction, Agricultural and commercial equipment and vehicles. UrParts worldwide network of suppliers are helping plant operators and owners keep their machines working longer and for less money by reducing their downtime and repair bills.
Prices for the fire damaged, or general machines for spare parts, at the recent Euro Auction in Leeds were remarkably high. Biding between competing dismantlers was fierce as they all try to increase their inventory of available used parts. Even though there has been a marked decrease in the scrap value of the metal, this increase in the prices being paid for damaged machines reiterates how the used parts market is continuing to grow. Demand for cheaper alternatives to main dealer prices for construction equipment parts has fuelled this growth. With month on month increases in parts requests submitted through online parts network UrParts.com it looks like this trend will continue.
Analysis of the second quarter part requests from around the world have revealed that Komatsu has overtaken Volvo and JCB as the second highest brand when compared to the first quarter. Cat continue to hold the top position however the gap between it and the following 4 brands is narrowing. In descending order the top 5 brands for this quarter were Cat, Komatsu, Volvo, JCB, Hitachi and they account for almost half out of a total of 2,505 requests processed. As the number of monthly part requests continue to increase month on month the third quarter results for 2013 should make for interesting reading.
JCB has invested £45 million in the development of a new 6 cylinder diesel engine the Dieselmax 671. The engine is the result of 2 years of development and has already gone through field testing of over 50,000 hours. The company say that this is a natural progression from the 4 cylinder units it has been manufacturing to date and will provide customers with significant fuel consumption saving of up to 8% over previous engines. It will initially be available as a Tier 2, Stage 2 units in markets with less regulation such as Russia, Brazil and China for its JS excavator range. It will be available in 4 ratings – 140kW (188 hp), 165 kW (221 hp), 190 kW (255 hp) and 225 kW (302 hp) with a maximum torque of 1,200 Nm.
Over 70% of all JCB machines are now powered by engines that they manufacture themselves with this latest models becoming available in mid 2015.
Analyses of part requests from around the world have revealed that the top 5 Brands of searched parts in the first quarter of 2013 are Cat, Volvo, JCB, Komatsu, Hitachi. This indicates that the big brands continue to keep a foothold in the market regardless of the effect the global recession is having on the industry. Out of a total of 1779 processed parts requests almost half of the total requests were for machines for these 5 brands. The leading brand being Cat is ahead by almost half that of Volvo being the next largest brand.
Just recently, the heir to the JCB parts empire today completed the purchase of the BAE Woodford site. In a deal worth over £100m, Jo Bamford has bought the 500-acre plot. Mr Bamford has bought Woodford through new company Avro Heritage, which he has established with Cheshire businessman Harry Harvey. Across the next year or so, his wish is to convert it into a film studio, housing and leisure complex.
As part of the sale, the golf club and heritage centre currently on the site are in the process of extending their leases to remain in place.
JCB have slowly but surely been adding to their already impressive range. JCB parts are already in high demand and this demand is expected to rise thanks to the addition of this new range.
At a recent product launch, the world was given it’s first glimpse of the new range of skid-steer loaders, the 8000 series Fastrac in more detail plus a look at the previously seen range-topping 550-80 Agri Loadall. Nine new skid-steer models and five wheeled (225, 260, 280, 300, 330) and four tracked (225T, 260T, 300T, 320T). All of these models are part of the upper end of the range, with another nine models following early next year. Continue reading →