Construction Machinery Market Analysis, Growth, Size, Demand, Trends, Share Importance and Regional Outlook

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Construction Machinery Market:

The primary factors responsible for the growth of the global construction machinery market include the increasing government spending on several infrastructure activities, rising the development of smart city projects globally, and shifting emission regulation across the world. The growing investment for the development of public infrastructure and the private sector at a global level, followed by the rising trend of urbanization and industrialization worldwide, is further surging the growth of the market. The rising government initiative for the development of smart cities across the globe is growing the demand for construction machinery to achieve the construction timeline. In addition to this, renting or leasing of construction machinery and rising advancement in construction machinery such as autonomous construction machines will create new growth opportunities in the market during the forecast period. On the other hand, the increasing cost of various machines will hamper the growth of the market.

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This report splits the Construction Machinery Market as follows:

By Machinery Type:

Crane
Telescopic Handlers
Excavator
Loaders & Backloe
Motor Grader
Articulated Dump Truck
Asphalt Finisher
Crawler Dozer
Motor Scraper
Rigid Dump Truck
Other

By Application:

Infrastructure
Commercial Buildings
Residential Buildings
Industrial Buildings

By Drive Type:

Hydraulic
Electric and Hybrid

By Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The construction machinery market report also scans the competitive landscape and profiles the major players operating in the market including aterpillar Inc., AB Volvo, Komatsu Ltd., CNH Industrial N.V., Hitachi Construction Machinery Co., Ltd., Terex Corporation, Mitsubishi Heavy Industries Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., Joseph Cyril Bamford Excavators Ltd., and Liebherr Group, among others.

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