Heavy Machinery Fleet Management Trends To Ace In 2024

  • Editorial Team
  • Equipment Maintenance
  • 25 January 2024

The instant change in technology and change in consumer needs is reshaping the construction paradigms as we step into 2024.

In between all these years, the responsibilities of construction fleet owners have changed. From managing labor to fleet to safety to finances to workplace safety, the demands are increasing.

We are here to emphasize the recent trends that have elevated heavy equipment management in recent times.

As per the certification given by the Association of Equipment Management Professionals, fleet managers have to attain expertise in certain domains. The certifications include several tests to judge and make the fleet owners skillful enough to manage big machines smoothly.

So if you want to earn AEM certification you need proficiency in 5 standards and 17 core competencies that are as follows;

Five Standards  Seventeen Core Competencies 
Finance  Risk And Finance Management, Acquisition And Procurement Management, And Performance& Warranty Guarantees 
Customer Care Customer Service Knowledge 
Information Specifications, Life Cycle Price Evaluation, Benchmarking, Tech-savviness
Policies Human Resource Management, Safety Protocols, Environmental Knowledge 
Management Parts Management, Outsourcing, Prevention, Repair Service

Source: Association of Equipment Management Professionals, drivers to possess these 5 standards and 17 core competencies to appear in the certified equipment manager (CEM) examination

Now the time is to explore which trends will evolve the current heavy equipment fleet management market.

Less Data Is More

Since heavy equipment has attachments and other strings attached, streamlining data is stressful for fleet managers.

Telematics takes over the place of conventional data-storing practices. It includes the production of digital information about fleet management.

So we see this trend where fleet managers are inclining towards the approach of fewer data is more.

Telematics will be seen focusing on analyzing heavy equipment’s following characteristics; 

  • Idling time 
  • Meter reading 
  • Location tracking 
  • Fuel levels and consumption rate 

If OEMs are successful in achieving so, the consumer market will regain its faith in buying and renting new or used heavy machinery.

Furthermore, it will help contractors and fleet managers to effectively monitor machinery’s performance while keeping up with maintenance.

Innovative Revolution Of Auto Industry

However, the auto industry seems far from the heavy construction sector. But the revolution smokes rising from the auto industry will be seen overtaking the heavy equipment sector.

Technical market analysts believe that the future of effective fleet management lies in electric equipment. They believe that it will not only serve as an environment-friendly addition but will also minimize maintenance expenses.

Especially with the rising issues fleet managers are witnessing with DPF filters and Tier 4 engines.

Other trends that we can see in the coming years may include; 

  • Object and people detection
  • Automatic shopping
  • Blind spot warning devices
  • Autonomous equipment

These trends will help fleet managers to come up with better fleet management ideas and enhance their control over the machinery.

Amalgamation Of Heavy Equipment With Sustainability

As fast as we have technical advancements, we have also seen researchers shifting toward the integration of sustainable practices. This includes the creation of trends that are environment-friendly as well as tech-savvy.

However, initially, the coupling of these too looked odd. But the lasting advantages are the outcomes to work hard and implement in the future.

In addition, we can see that the upcoming generation of fleet managers is cautious about adopting sustainable practices. They incline towards heavy equipment that ambassadors sustainability.

Corporates are seen emphasizing inclusion, fleet diversity, environmental safety, and workplace safety.

However, the amalgamation of these two areas will enforce a holistic contractor’s culture. Therefore, the construction fleet will witness a sustainable evolution.

Autonomous Equipment

Post-pandemic construction companies are inclining towards autonomous equipment. So we can see robotics and similar technology taking over conventional heavy machinery fleet management practices.

However, the construction design phase needs extra attention from the fleet managers. In that way, they can come up with tools and bring heavy foundations to life by becoming one step ahead of the competitors.

What’s Ahead?

Finally, what is ahead for construction fleet owners in the coming years?

In light of all the above-mentioned factors, we can say that the future of managing heavy equipment feet lies in smart work, digitalization, and efficient data-handling strategies.

Furthermore, the more the fleet manager is adaptable towards technology the better he can make out of it in the long run.

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