Construction Equipment Industry 2019 Global Market research report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and comprehensive data of the global market.
Pune, India – August 9, 2019 —
The increasing industrial development and commercial construction activities are creating opportunities for growth of the global Construction Equipment market. Furthermore, rising public-private partnerships along with increasing government investments for the development of infrastructure is also contributing to the global growth.
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Industry key players are investing in research & development activities for providing efficiency in construction by upgrading construction equipment such as forestry equipment, waste management equipment, material handling, agricultural equipment, municipal equipment, mining equipment. This factor is also aiding the growth of the market.
Rising Government Investments Will Propel Growth in Asia Pacific
Geographically, the global market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. In 2018, Asia Pacific reached US$ 49.68 Bn and is expected to lead the global construction equipment market during the forecast period. The growth in the region is predicted to be driven by increasing government investments in the development of infrastructure and the presence of online retail facilities. The increasing availability of high-end machinery on a rental basis is also fostering the growth in the region.
Likewise, the investment in renewable energy, public infrastructure and residential construction projects by the government of the china are inducing high demand for construction equipment. For instance, in 2017 the government of china intended to deliver the 21st century Maritime Silk Road and the One Belt One Road project that would cost around US$ 4 Tn in order to improve the land and waterway connectivity. These factors combined together is likely to boost the global construction equipment market.
Revenue in Europe reached US$ 36.27 Bn in 2018 and is predicted to grow significantly during the forecast period. The increasing demand for improving the employment level and new housing units and others are propelling the growth in the region. Similarly, Germany is called the home to Europe’s best-performing machine and equipment sector, Europe is expected to create growth opportunities for the market in the forthcoming year.
Komatsu America Corp.
JCB India Ltd.
Hyundai Heavy Industries Co., Ltd
CNH Industrial Capital
Hitachi Construction Machinery Middle East Corporation FZE
Volvo Car Retail Solutions AB
Table of Content:
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology and Assumptions
3.1. Drivers, Restraints and Opportunities
4.1. Macro and Micro Economic Factors
4.2. Key Technological Trends and Developments
4.3. Price Trend Analysis
Global Construction Equipment Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Sizing Estimations and Forecasts – By Equipment Type (US$ Mn)
5.2.2.Material Handling Equipment & Cranes
5.2.4.Road building equipment
5.2.5.Civil engineering equipment
5.2.6.Crushing and screening equipment
5.3. Market Sizing Estimations and Forecasts – By Application (US$ Mn)
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