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The construction equipment market is forecasted to grow by USD 3.79 billion during 2023-2028, accelerating at a CAGR of 5.21% 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 rising number of new construction equipment launches, expanding manufacturing and distribution facilities by market vendors, and increase in building and construction activities.
The construction equipment market is segmented as below:
By Product
- Owned equipment
- Rented equipment
- Leased equipment
By Application
- Commercial
- Residential
- Infrastructure
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
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 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 Product
7 Market Segmentation by Application
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 global construction equipment market: AB Volvo, Action Construction Equipment Ltd., Caterpillar Inc., CNH Industrial NV, Deere and Co., Doosan Corp., Escorts Ltd., Guangxi Liugong Machinery Co. Ltd., Hitachi Construction Machinery Co. Ltd., HD Hyundai Construction Equipment Co. Ltd., J C Bamford Excavators Ltd., Kobe Steel Ltd., Komatsu Ltd., Liebherr International AG, Manitou BF SA, Sany Group, Sumitomo Heavy Industries Ltd., Terex Corp., 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 rise in adoption of electric construction equipment."
According to the report, one of the major drivers for this market is the rising number of new construction equipment launches.
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
- Action Construction Equipment Ltd.
- Caterpillar Inc.
- CNH Industrial NV
- Deere and Co.
- Doosan Corp.
- Escorts Ltd.
- Guangxi Liugong Machinery Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- HD Hyundai Construction Equipment Co. Ltd.
- J C Bamford Excavators Ltd.
- Kobe Steel Ltd.
- Komatsu Ltd.
- Liebherr International AG
- Manitou BF SA
- Sany Group
- Sumitomo Heavy Industries Ltd.
- Terex Corp.
- Xuzhou Construction Machinery Group Co. Ltd.
- Zoomlion Heavy Industry Science and Technology Co. Ltd.
