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The construction equipment market is forecasted to grow by USD 21.41 billion during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the 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, increase in number of smart cities, and growing residential and commercial construction activities.
The construction equipment market is segmented as below:
By Application
- Commercial
- Residential
- Infrastructure
By Product
- Earthmoving equipment
- Material handling equipment
- Concrete and road construction equipment
- Other equipment
By Geographical Landscape
- APAC
The report on the construction equipment market covers the following areas:
- Construction equipment market sizing
- Construction equipment market forecast
- 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 primary and secondary research. 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 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 Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the construction equipment market: AB Volvo, Atlas Copco AB, Caterpillar Inc., CNH Industrial NV, Deere and Co., Doosan Corp., Epiroc AB, Guangxi Liugong Machinery Co. Ltd., Hitachi Ltd., Hyundai Motor Co., J C Bamford Excavators Ltd., Komatsu Ltd., Kubota Corp., Larsen and Toubro Ltd., Liebherr International AG, Mahindra and Mahindra Ltd., Sany Group, Sumitomo Heavy Industries Ltd., Tadano Ltd., and Xuzhou Construction Machinery Group 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
- Atlas Copco AB
- Caterpillar Inc.
- CNH Industrial NV
- Deere and Co.
- Doosan Corp.
- Epiroc AB
- Guangxi Liugong Machinery Co. Ltd.
- Hitachi Ltd.
- Hyundai Motor Co.
- J C Bamford Excavators Ltd.
- Komatsu Ltd.
- Kubota Corp.
- Larsen and Toubro Ltd.
- Liebherr International AG
- Mahindra and Mahindra Ltd.
- Sany Group
- Sumitomo Heavy Industries Ltd.
- Tadano Ltd.
- Xuzhou Construction Machinery Group Co. Ltd.
