Construction Equipment Market is projected to USD 279.53 billion by 2030
Construction Equipment Market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape.
The Global Construction Equipment Market is projected to grow from USD 208.3 billion in 2021 to USD 279.53 billion by 2030 at a CAGR of 3.8% during the forecast period. The demand for construction equipment is expected to rise due to rise in construction activities around the globe. Over the forecast period, government program that encourage individuals to buy new homes, such as lower mortgage and stimulus packages rates, are projected to support market expansion.
The increasing public-private partnerships, increasing residential, commercial, and industrial construction activity, and rising investments in infrastructure development are all contributing to worldwide market expansion. Mining, forestry, agriculture, material handling (e.g., ports, warehouses), waste management, and municipal equipment are among the industries and end-users for which the major players in the market are investing in R&D activities in order to provide better machinery for industry segments and end-users.
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The study’s scope includes a rating of main service providers, profits and pricing in key market segments utilizing business scenarios. The Construction Equipment research study also investigates the supply chain and industry dealers in depth. The market study also considers a number of crucial elements that influence the global industry’s growth. The report also provides a statistical picture of the global industry, indicating the number of external and internal driving and restraining factors. The Market Research study’s global market research study will feature a large amount of unique data. A number of Construction Equipment industry professionals and key opinion leaders also do extensive quantitative and qualitative research in order to obtain a better understanding of the market and industry performance.
The report provides a comprehensive analysis of company profiles listed below:
AB Volvo (Gothenburg, Sweden)
Caterpillar Inc. (Illinois, U.S.)
Komatsu Ltd. (Tokyo, Japan)
Doosan Infracore North America LLC (Suwanee, Georgia)
Hitachi Construction Machinery Co., Ltd. (Tokyo, Japan)
J C Bamford Excavators Ltd. (Rocester, U.K.)
Liebherr Group (Bulle, Switzerland)
CNH Industrial N.V. (London, U.K.)
Hyundai Construction Equipment Co., Ltd. (Seoul, South Korea)
SANY Group (Beijing, China)
Xuzhou Construction Machinery Group (XCMG) (China)
ZOOMLION Heavy Industry Science & Technology Co., Ltd. (China)
Deere & Company.
Type Analysis of World Wide Market:
Civil Engineering Equipment
Material Handling Equipment & Cranes
Road Building Equipment
Crushing and Screening Equipment
Segmentation of global Construction Equipment Market by Application:
The study report offers a comprehensive analysis of Construction Equipment Market size across the globe as regional and country level market size analysis, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background and sales analysis of the payers. Along with that, the report explains the major challenges and risks to face in the forecast period. Market is segmented by Type, by Application, Players, stakeholders and other participants in the global Market will be able to gain the upper hand as they use the report as a powerful resource.
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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This research report gives detailed data about the major factors influencing the growth of the Construction Equipment market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.