Global Construction Equipment Market - 2022-2026 - Market Backdrop & Landscape, OEMs' Strategies & Plans, Key Trends, Strategic Insights, Growth Opportunities and Market Outlook & Forecast

The Global Construction Equipment market has been booming since late 2020 with robust demand for construction equipment across North America & Europe (despite the slump in China) with continued infrastructure investments, strong residential construction in the U.S., strong demand from the commodities segment and robust fleet utilization across operators back to pre-COVID levels while facing continued challenges from the COVID-19 pandemic and war in Ukraine marked by supply chain disruptions & bottlenecks, limited freight capacity & semi-conductor chip shortages which continue to impede the pace of overall recovery momentum.

Residential construction segment in North America continues to be robust given strong housing starts while ongoing fiscal stimulus measures, in form of investments in infrastructure development, across most key global markets continue to drive industry confidence & fresh investments. The industry also continues to make steady progress towards transitioning to sustainable technologies with the rapid development & commercialization of battery electric, hybrid, hydrogen powered fuel cells & other alternate fuel powered equipment which are likely to receive a further push from the volatility in global crude oil prices providing significant growth opportunity in terms of fleet replacements & recapitalizations.

The introduction of remote & fully autonomous construction equipment, development & roll-out of niche services based on cutting edge technologies & innovative business models, like autonomous mobility as a service for mining sites & construction workplaces, are set to transform the construction equipment market landscape going forward. Further, the latest $1.2 trillion Infrastructure Investment & Jobs Act in the U.S. and the launch of EU's major Infrastructure Investment, under its Global Gateway Strategy in late 2021, aimed at mobilizing & investing EUR 300 billion through 2027 towards development of global infrastructure apart from huge planned investments towards infrastructure in the world’s fastest growing economy, India, over near term are likely to provide a massive boost to the construction industry over medium term. That’s despite projections for the slowdown of global economic recovery over near term owing to uncertainty over the likely direction of the pandemic and rising inflation levels necessitating monetary policy tightening by the central banks.

Overall, the CE industry is likely to continue riding the ongoing market rally in 2022 with most key markets projected to register steady growth, with the exception of China, which continues to be in the correction mode following real estate woes and a zero-tolerance policy towards COVID-19.

Against this backdrop, the report analyzes and provides critical insights into key industry, market & technology trends likely to shape the future of the Global Construction Equipment Market over near to medium term followed by outlining of emerging, potential growth opportunities.

Relevance & Usefulness: The report will be useful for:

• Strategic Planning & Decision-Making process
• Identification of & Insights into Potential Growth Opportunities & Avenues
• Market Evolution & Demand Growth Projections
• Assessing potential impact of emerging Market Trends & Developments
• Contingency planning for current Strategies & Programs
• Identifying & highlighting areas for making potential Strategic Changes, Adjustments & Realignment
• Analysis of Key Industry Trends, Issues & Challenges, Risk Factors & Market Outlook for 2022

For Whom:

The report, with its unique disposition & strategy focus, is a niche, key & vital information resource on the Global Construction Equipment Market. It would be indispensable for those having interest, stakes or investments in any of the Construction Equipment OEMs covered and all those with operational or strategic involvement and/or stakes in the Global Construction Equipment market. The report will be extremely useful for Key Decision-Makers, Program Managers, Global Procurement Managers, Top Management of Industry Players & Other Companies, Industry OEMs, Suppliers, Vendors, Associated Equipment Manufacturers and other Key Players in the Industry Value Chain. The report will also be useful for existing & potential Investors, Industry & Company Analysts, M&A Advisory Firms, Strategy & Management Consulting Firms, PE Firms, Venture Capitalists, Financing & Leasing Companies, Researchers and all those associated with the Construction industry.