Global Construction Equipment Market grow at a CAGR of 5.1% Growth, Trends and Absolute Opportunity up to 2026
Definition:
A wide variety of relatively heavy machines which perform
specific construction (or demolition) functions under power. The power plant is
commonly an integral part of an individual machine, although in some cases it
is contained in a separate prime mover, for example, a towed wagon or roller.
Analysis of Global Construction
Equipment Market report:
Global construction equipment market is expected to rise to an estimated value by
registering a substantial CAGR of 5.1% in the forecast period of 2019-2026.
Growth in industrial and commercial development and economic growth is
enhancing the market growth.
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Market Drivers:
·
Rising investment in infrastructure is the factor driving the
growth of this market
·
Increasing number of smart city projects is driving the
market growth
·
Technological advancement and development is another
important factor driving the market growth
·
Growing demand of small and large excavators, backhoe loaders
and other heavy construction equipment from developing countries is a driver
for this market
Market Restraints:
·
High cost of the oil will also restrain market growth
·
High price of the equipment is another important factor
hindering the market growth
Leading Key players profiled in this
report are:
Few of the major competitors currently working in global
construction equipment market are Caterpillar, AB Volvo, Komatsu Ltd, CNH
Industrial N.V., Liebherr Group, Hitachi Construction Machinery Co., Ltd.,
Terex Corporation., Deere & Company., Zoomlion Heavy Industry
Science&Technology Co., Ltd., Atlas Copco (India) Ltd, Sandvik AB, WIRTGEN
GROUP, Ammann Group, Manitowoc, ASTEC INDUSTRIES, INC., Doosan Corporation,
XCMG Group, Hyundai Heavy Industries Co., Ltd. and SANY GROUP among others.
Global Construction Equipment Market Segmentation:
By Equipment Type
·
Articulated Dump Truck
·
Asphalt Finisher
·
Backhoe Loader
·
Crawler Dozer
·
Crawler Excavator
·
Crawler Loader
·
Mini Excavators
·
Motor Grader
·
Motor SCRaper
·
Road Roller
·
Rigid Dump Truck
·
RTLT-Masted
·
RTLT-Telescopic
·
Skid-Steer Loader
·
Wheeled Excavator
·
Wheeled Loader <80 hp
·
Wheeled Loader >80hp
By Equipment Category
·
Earthmoving Equipment
·
Material-Handling Equipment
·
Heavy Construction Vehicles
·
Other Equipment
By Application
·
Infrastructure
·
Commercial Buildings
·
Residential Buildings
·
Industrial Buildings
By Power Output
·
<100 hp Construction Equipment
·
101–200 hp Construction Equipment
·
201–400 hp Construction Equipment
·
>400 hp Construction Equipment
By Emission
Regulation Stage
·
Stage II
·
Stage III
·
Stage IIIA
·
Stage IIIB
·
Stage IV
·
Stage V
·
Stage VI
·
Tier 3
·
Tier 4
·
Tier 5
By Propulsion Type
·
Diesel
·
Gasoline
·
CNG/LNG/RNG
By Solution
·
Products
·
Services
·
Rental
·
Maintenance
By Drive Type
·
Hydraulic
·
Electric &Hybrid
By End- Users
·
Oil & Gas
·
Public Works & Rail Road
·
Forestry & Agricultural
·
Manufacturing
·
Military
·
Mining
By Geography
·
North America
·
South America
·
Europe
·
Asia-Pacific
Competitive Analysis:
Global construction equipment market is highly fragmented
and the major players have used various strategies such as new product
launches, expansions, agreements, joint ventures, partnerships, acquisitions,
and others to increase their footprints in this market. The report includes
market shares of construction equipment market for Global, Europe, North
America, Asia-Pacific, South America and Middle East & Africa.
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The Global Construction Equipment Market report provides the
global market size of the main players in each region. Moreover, the report
provides knowledge of the leading markets players within the Global
Construction Equipment Market. The industry changing factors for the market
segments are explored in this report.
This analysis report covers the growth factors of the worldwide market
based on end-users. Market opportunities and recommendations for new
investments are also encompassed in this report.
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