The global construction equipment market is growing steadily with improving economic conditions and increasing investment in construction sector globally. Emerging economies across the world are investing significant amount in energy, transportation and other construction projects to support their economic developments. In addition, end users in developed markets are replacing their outdated equipment with advanced solutions. The construction equipment market has considerable opportunity for industry players across the value chain.
The report includes current demand-supply, technology, consumption and pricing trends in the global markets. The report provides user detailed information about production and consumption of construction equipment on regional basis. The study provides in-depth analysis of market drivers and restraints affecting the growth of this market. The report also include the detailed value chain analysis, PESTEL analysis and market attractive analysis in order to identify key investment areas in this market and in designing market winning strategies.
The study also includes market estimates and forecast for the different type of construction equipment in terms of both volume and revenue. The construction equipment market is classified on the basis of equipment type and region. The study includes cross sectional analysis for each regional market which includes regional production and consumption of construction equipment. This report includes market estimates (2019 & 2020) and forecast for the period 2021 - 2029 in terms of volume and revenue. The report also provides market size of construction equipment in major countries in each region.
The report profiles key construction equipment manufacturers in the global market. Company profile provides detailed information about product portfolio, financial overview, regional market and recent developments in construction equipment industry. The report also includes market positioning of key players in the global market along with their market winning strategies.
The global construction equipment market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the world construction equipment market is further classified into South America, Africa and Middle East. Asia Pacific accounted for the largest revenue share in the global construction equipment market in 2020. The market for construction equipment in the U.S. is expected to grow with rising replacement of aging equipment with advanced technology to increase the efficiency of construction process. In addition, flexible credit policies available in the U.S. are motivating end users to invest in construction equipment. Major economies in the Europe are improving gradually after recession in 2009 and the debt crisis in 2011. This is expected to increase the demand for construction equipment with recovery in the construction sector. Russia is one of the fastest growing economies. Though, the growth in the output of construction industry is declined in the last two years, Russian government is expected to increase investments in new infrastructures to support its economic developments.
Asia Pacific is predicted to see the fastest growth throughout the forecast period 2021 - 2029. This growth is primarily attributed to rising residential as well as commercial constructions particularly in India and China. In order to provide housing facilities to increasing population in urban areas, Chinese government has planned to build new 36 million low cost houses in major cities during its 12th five year plan. In addition, expansion of road and other transportation networks to improve the connectivity between major cities is also influencing the demand for construction equipment. Middle East and South America are also expected to see the significant growth in sale of construction equipment with increasing construction activities in these regions.
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The report includes current demand-supply, technology, consumption and pricing trends in the global markets. The report provides user detailed information about production and consumption of construction equipment on regional basis. The study provides in-depth analysis of market drivers and restraints affecting the growth of this market. The report also include the detailed value chain analysis, PESTEL analysis and market attractive analysis in order to identify key investment areas in this market and in designing market winning strategies.
The study also includes market estimates and forecast for the different type of construction equipment in terms of both volume and revenue. The construction equipment market is classified on the basis of equipment type and region. The study includes cross sectional analysis for each regional market which includes regional production and consumption of construction equipment. This report includes market estimates (2019 & 2020) and forecast for the period 2021 - 2029 in terms of volume and revenue. The report also provides market size of construction equipment in major countries in each region.
The report profiles key construction equipment manufacturers in the global market. Company profile provides detailed information about product portfolio, financial overview, regional market and recent developments in construction equipment industry. The report also includes market positioning of key players in the global market along with their market winning strategies.
The global construction equipment market is classified into following categories:
- Earth Moving Equipment
- Excavators
- Loaders
- Other (Bull Dozers, Scrappers etc)
- Construction Vehicles
- Dumpers
- Trailer
- Other (Tankers, Tippers etc)
- Material Handling Equipment
- Cranes
- Forklifts
- Others (Conveyers, Hoists etc)
- Concrete and Road Construction Equipment
- Concrete Mixers and Pavers
- Crushing and Road Construction Equipment
- Others (Pumps, Road Rollers etc)
By Region
- North America
- US
- Rest of North America
- Europe
- EU7
- CIS
- Rest of Europe
- Asia-Pacific (APAC)
- India
- China
- Japan
- Australia
- Southeast Asia
- Rest of APAC
- Rest of the World
- South America
- Middle East
- Africa
We have considered following type of construction equipment to estimate the market size of overall construction equipment market:
- Earth Moving Equipment
- Excavators
- Loaders
- Other (Bull Dozers, Scrappers etc)
- Construction Vehicles
- Dumpers
- Trailer
- Other (Tankers, Tippers etc)
- Material Handling Equipment
- Cranes
- Forklifts
- Others (Conveyers, Hoists etc)
- Concrete and Road Construction Equipment
- Concrete Mixers and Pavers
- Crushing and Road Construction Equipment
- Other(Pumps, Road Rollers etc)
The global construction equipment market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the world construction equipment market is further classified into South America, Africa and Middle East. Asia Pacific accounted for the largest revenue share in the global construction equipment market in 2020. The market for construction equipment in the U.S. is expected to grow with rising replacement of aging equipment with advanced technology to increase the efficiency of construction process. In addition, flexible credit policies available in the U.S. are motivating end users to invest in construction equipment. Major economies in the Europe are improving gradually after recession in 2009 and the debt crisis in 2011. This is expected to increase the demand for construction equipment with recovery in the construction sector. Russia is one of the fastest growing economies. Though, the growth in the output of construction industry is declined in the last two years, Russian government is expected to increase investments in new infrastructures to support its economic developments.
Asia Pacific is predicted to see the fastest growth throughout the forecast period 2021 - 2029. This growth is primarily attributed to rising residential as well as commercial constructions particularly in India and China. In order to provide housing facilities to increasing population in urban areas, Chinese government has planned to build new 36 million low cost houses in major cities during its 12th five year plan. In addition, expansion of road and other transportation networks to improve the connectivity between major cities is also influencing the demand for construction equipment. Middle East and South America are also expected to see the significant growth in sale of construction equipment with increasing construction activities in these regions.
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Table of Contents
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Construction Equipment Market by Product Type
Chapter 5 North America Construction Equipment Market Analysis
Chapter 6 Europe Construction Equipment Market Analysis
Chapter 7 Asia Pacific Construction Equipment Market Analysis
Chapter 8 Rest of the World (RoW)Construction Equipment Market Analysis
Chapter 9 Company Profiles
Companies Mentioned
- Caterpillar Inc
- CNH Global N.V.
- Deere & Company
- Hyundai Heavy Industries Co. Ltd
- Volvo Construction Equipment AB
- Doosan Infracore Ltd
- Hitachi Construction Machinery Co. Ltd
- JCB Ltd.
- Komatsu Ltd
- Liebherr-International AG
- San
