Construction Equipment Market Size, Growth, Trends | Industry Analysis Report, 2020-2025
This detailed report on ‘Construction Equipment Market’ put offers a succinct study on regional forecast, industry size, revenue estimations related to the industry. The report further emphasizes primary challenges and growth trends adopted by leading manufacturers of the dynamic competitive spectrum of the market.
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Construction Equipment is equipment or vehicles which is used for any construction project. These are used specially in construction sites and mining sites to cutdown labour cost and time for the project. Construction equipment is used commonly in high capital-intensive projects or critical projects. Hence, fixed investment trends are salient features of such products. Growing modernization and technological advancement, the demand for construction equipment has migrated from traditional purposes to more disciplined fields, such as railway and military.
Construction Equipment Market Top Players -
JCB, John Deere & Co., Kobelco Construction Machinery Co. Ltd., Komatsu Ltd., Liebherr-International AG, Manitou Group, Manitowoc Group, Atlas Copco Construction & Mining, Caterpillar, Cnh Global NV, Doosan Infracore Ltd., Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Ltd.Mitsubishi, Oshkosh Corporation, Sany Heavy Industries Co. Ltd., Sumitomo Heavy Industries Ltd., Terex Corporation
Our report studies global construction equipment market and covers historical and forecast data for application, regional and country.
Construction Equipment Market Segmentation -
By Product Type - Material Handling Equipment, Cranes, Telescopic Handlers, Earthmoving Equipment, Excavators, Loaders, Backhoe, Motor Graders, Heavy Construction Vehicles, Dumpers, Tippers, Others
Based upon product segment, Heavy construction vehicles is playing a vital role for any construction project. The vehicles and equipment’s are used extensively in construction sites and mining sites to cutdown labour cost and time. Heavy Construction Vehicles product type segment has significant market share in historic year and it is expected to maintain its dominance in forecast period.
By Application Type - Commercial, Residential, Institutional and Industrial building
Based upon Application segment, Commercial segment has significant market share in historic year and Growing infrastructure development across residential as well as commercial sectors is expected to be the key driving force for the market growth during the forecast period of 2014-2024.
By Region
North America, US, Mexico, Chily, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, South Korea, Japan, India, Southeast Asia, Latin America, Brazil, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
Our new report discusses issues and events affecting the Construction Equipment Market.
The report covers discussions and qualitative analyses:
Technological Development
Trends toward Construction Equipment Market
Significant rise in research and development activities by leading vendors
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