Tag Archives: used equipment

Construction Industry Trends in 2022

2021 brought a lot of obstacles for the construction industry. The rise of construction costs, labor shortages, and the COVID-19 pandemic has changed how our industry does business. Many industry trends continue to emerge from the pandemic and are changing the roles of industry professionals and frontline workers.

 

Here are 5 major construction industry trends to look for in 2022:

Shortage of Laborers

One very noticeable construction trend is a steady increase in the demand for labor. Quality labor is expensive and competitive. According to the U.S. Bureau of Labor Statistics, between 2021-2022, the construction sector is projected to grow 2.6 percent. This equates to 1.6 million new jobs. An influx of educated and seasoned workers will be needed to manage and interpret the data produced by new technology.

Modular and Offsite Construction

Modular and prefab construction is experiencing multiyear rapid growth, and it is not slowing down. The modular construction market, led by the residential sector, is predicted to increase to almost $110 billion by 2025. This uptick is driven by a lack of skilled labor and an increase in cost-cutting technology.

Increasing Material Costs

The U.S. Bureau of Labor Statistics reported that the Producer Price Index for construction goods increased by 17% year over year in 2021. Rising interest rates are likely to compound all types of costs, which will result in further pressure on total construction costs. Technologies like drones will be in key in helping to maintain project volume and combat this cost pressure.

Green Building

With more and more people looking for ways to protect the environment, green construction has become the standard for homebuyers, renters and commercial tenants. Unfortunately, many sustainable and eco-friendly features remain out of reach despite their long-term saving opportunities. This may change over the next decade as eco-tech and sustainable construction become more acceptable and affordable.

Protective Equipment

The COVID-19 pandemic drastically impacted the construction industry by affecting site guidelines with updated state regulations emphasizing cleanliness and strict safety protocols. There is a growth of new devices capable of identifying common safety issues. Some examples of this new technology include material-moving “mules” that transport heavy or hazardous materials and robots that could complete mundane tasks like brick laying to larger more complex tasks. 

These are just a few of the construction industry trends for 2022, there are many more to be on the look out for. Visit the Hugg & Hall website to find out how we can help you stay on trend in 2022!

Average Lifespan of a Forklift

Forklifts, like any heavy machinery, are a pricey investment. You want to make sure you’ve chosen the right one and that you’re maintaining it correctly. Determine the age of your forklift, average lifespan of a forklift, and how to make your forklift last longer by reading this article.

 

How old is my forklift?

A forklift’s lifespan is measured by hours of use, not years, because every business utilizes their machines at different rates.

A five-year-old forklift that was utilized 15 hours a month will usually be in better shape than a one-year-old forklift that was used 8 hours every day.

The stress on a forklift’s mast from raising and lowering of equipment is what causes most machines to break down over time.

Buying a used forklift? Always inspect it for wear, even if it has low hours. Heavy loads can cause damage to a forklift, which won’t be reflected in the running hours.

 

How long should I expect my forklift to last?

The average lifespan of a forklift is 10,000 hours, but it varies based on the manufacturer, type of forklift, and average running conditions. It’s possible to have two forklifts, manufactured the same year, that have different life expectances.

Manufacturer

Brands like Doosan and Toyota typically have longer lifespans up to 15,000–20,000 hours.

Internal Combustion Engines vs Electric Forklifts

On average, you can expect an electric forklift to last longer. Electric forklifts’ batteries typically need to be replaced every five years, or approximately 1,500 charging cycles. However, since they have fewer moving parts, they are less likely to break over time.

Average Running Conditions

Regular heavy loads will shorten your forklift’s total run time, and exposure to extreme temperatures, uneven surfaces, and hazardous substances will cause significant wear. A truck used indoors in clean conditions will last a lot longer than one exposed to extreme conditions. If you have a fleet of forklifts, it’s a good idea to rotate them every few months so they wear at the same rate.

 

How can I extend my forklift’s lifespan?

Regular Maintenance

Preventative and regular maintenance are the key to a forklift’s survival. Always perform daily, routine checks, schedule preventative bi-annual maintenance, and get any issues checked up on immediately.

Most forklifts should be serviced every 200 hours and have extensive maintenance performed every 2,000 hours. Always check the manufacturer’s recommendations to find out exactly when your forklift should be serviced.

Being proactive could help your forklift survive up to five years longer (based on daily use) than expected!

Yard and Warehouse Maintenance

Potholes, sharp turns, and other safety hazards can cause damage and uneven wear to your fleet. A safe environment can lead to less expensive repairs over time.

Staff Training

Several people are standing around a forklift learning how to use it.

Your operators have a huge effect on your forklift’s lifespan. Collisions and tip-overs are obvious causes of damage, but heavy braking, excessive speed, and skipping inspections will also cause your forklift to wear down quicker.

Need staff training? Contact us.

 

 

How do I know when my forklift needs to be replaced?

If a forklift is slowing down productivity by requiring downtime for repairs, it may become too expensive to maintain. Consider the lifespan of the forklift and how much it costs per hour to run.

 

Forklifts are an important part of your warehouse operations. Ensuring your forklifts are running at top efficiency can help them last for years.

Prefer to rent a forklift instead of purchasing? Contact us!

 

Editor’s Note: This post was originally published in October 2021. It was updated for freshness, accuracy, and comprehensiveness in January 2023.