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The heavy construction equipment market is forecasted to grow by USD 46 billion during 2023-2028, accelerating at a CAGR of 4.49% during the forecast period. The report on the heavy construction equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased investment in infrastructure, adoption of technologies to improve efficiency, and increase in the number of smart cities.
The heavy construction equipment market is segmented as below:
By Type
- Earthmoving equipment
- Material handling equipment
- Heavy construction vehicles
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the heavy construction equipment market covers the following areas:
- Heavy construction equipment market sizing
- Heavy construction equipment market forecast
- Heavy construction equipment market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global heavy construction equipment market: AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere and Co., Dieci Srl, Doosan Corp., Eazi Access Investments Pty Ltd, Hitachi Ltd., Hyundai Heavy Industries Group, J C Bamford Excavators Ltd., Kobe Steel Ltd., Komatsu Ltd., Liebherr International AG, Manitou BF SA, Oshkosh Corp., Sany Group, Terex Corp., Wacker Neuson SE, Xuzhou Construction Machinery Group Co. Ltd., and Zoomlion Heavy Industry Science and Technology Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing trend of construction equipment rentals."
According to the report, one of the major drivers for this market is the increased investment in infrastructure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Caterpillar Inc.
- CNH Industrial NV
- Deere and Co.
- Dieci Srl
- Doosan Corp.
- Eazi Access Investments Pty Ltd
- Hitachi Ltd.
- Hyundai Heavy Industries Group
- J C Bamford Excavators Ltd.
- Kobe Steel Ltd.
- Komatsu Ltd.
- Liebherr International AG
- Manitou BF SA
- Oshkosh Corp.
- Sany Group
- Terex Corp.
- Wacker Neuson SE
- Xuzhou Construction Machinery Group Co. Ltd.
- Zoomlion Heavy Industry Science and Technology Co. Ltd.