Construction Equipment Market will reach approximately at USD 200 Bn by 2025, with a CAGR of 8 % during the forecast period (2019-2022)

17/ott/2019 13:08:13 Automotive Market Research Reports Contatta l'autore

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global construction equipment market is growing rapidly with the technological advancements and the wide adoption of this equipment across the construction industry, which is burgeoning, worldwide. The largest end-use market for this product is infrastructure especially in emerging markets like India, China, and Brazil. Furthermore, the growing infrastructural development activities along with the rapid urbanization are increasing the market growth for this equipment.

The global construction equipment market size is expected to cross USD 200 billion mark by the end of the forecasted with a reportable growth of approximately 8% by 2022.

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Study Objectives of Construction Equipment Market:

To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Global Construction Equipment market.

To provide insights about factors affecting the market growth.

To analyze the Global Construction Equipment Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW).

To provide country level analysis of the market with respect to the current market size and future prospective.

To provide country level analysis of the market for segment by equipment, application, end-use and regions.

To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Construction Equipment Market.

The fervent players leading the global construction equipment market include –

  • Caterpillar Inc.
  • AB Volvo
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co. Ltd.
  • Doosan Heavy Industries & Construction Co. Ltd.
  • J.C. Bamford Excavators Limited
  • Liebherr Group
  • Kobe Steel Ltd.
  • AB Hyundai Heavy Industries Co. Ltd.
  • Atlas Copco.

Industry/ Innovation/ Related News:

The Escorts Group (India), a leading global Farm and construction equipment maker announced its partnership with Tadano Ltd. (Japan), the seventh largest cranes manufacturer and aerial work platforms to manufacture high capacity mobile cranes in India.

Initially, the due will invest Rs 60 crore (US$ 8.5 Mn.) and will have a dedicated manufacturing plant with a focus on R&D and for selling directly in the market.

While Tadano will contribute through its global technology of connected machines, Escorts will bring along its Indian market understanding and brand reach.

Hyundai Construction Equipment Americas announced the expansion of its North American authorized dealer network with the addition of Farm Depot Ltd. (US) a full line agricultural equipment dealer. The company (Hyundai) states that Farm Depot will be a valued addition to its north central territory.

Global Construction Equipment Market – Segmentation

The MRFR analysis is segmented into four key dynamics for the convenience of the report;

By Equipment: Comprising Earthmoving, Construction, and Concretes among others.

By End-Uses: Lifting & Construction, Earth Moving, Excavation, and Mining, Transportation among others.

By Applications: Oil & Gas, Infrastructure, Construction, Agricultural, and Mining among others.

By Regions: North America, Europe, APAC and the Rest-of-the-World.

Construction Equipment Market Regional Analysis

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Regional Analysis of Construction Equipment Market

The regional analysis of construction equipment market is being studied for areas such as Asia pacific, North America, Europe and rest of the world. APAC would be the largest growing market in terms of revenue generation because of rapid industrialization and urbanization.

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https://www.marketresearchfuture.com/reports/heavy-construction-equipment-market-679

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