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.
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 Demand for Advanced Construction Equipment Will Contribute Growth to the Market
Gradual shift in preference from traditional construction equipment to automated construction equipment is a factor contributing positively to the construction equipment demand. The frequent efforts of key players towards reinventing and renovating of old technology in order to create higher productivity and achieve efficiencies across the construction industry. This factor is promoting the growth of the global Industry.
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Further, the increasing demand for technologically upgraded and fuel-efficient equipment for refining construction activities around the world is supporting the growth. In addition, traditional construction involves high labor cost, no track of the work process as well as high operational cost, which is impelling a major preference shift towards advanced constructing equipment. This factor is expected to boost the global construction equipment market during the forecast period.
- Caterpillar Inc.
- Liebherr Group
- Terex Corporation
- 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
- Executive Summary
- Market Dynamics
3.1. Drivers, Restraints and Opportunities
- Key Insights
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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