Construction Equipment Market Size, Share Analysis, Trends and Growth By 2026 – ARC Analysis

(Global QYResearch via Comtex)

As per the research held by Acumen Research and Consulting, "Construction Equipment Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020-2026". The market report provides an analysis of the global Construction Equipment Market for the period 2015-2026, wherein 2020 to 2026 is the forecast period and 2019 is considered as the base year.

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Increasing Investments in the Construction Industry

Demand for infrastructural development has been increasing as every country wishes to grow from underdeveloped to developed nation to cater to their ever-growing population. As a result, the infrastructure market is expected to become a $40 trillion industry by 2030, predominantly in the form of government initiatives. Emerging markets in Asia and Latin America and the push towards urbanization are considered major demand drivers for infrastructural development. Countries like China, India and parts of developing Asia are at the cusp of a major infrastructure overhaul. Japan, along with the Asian Development Bank, has already committed hundreds of billions of dollars in infrastructure programs in the developing Asian region. More economically advanced Europe is also expected to see infrastructure investment return to pre-crisis levels, as nations prioritize essential services.

Market Segmentation

The construction equipment market is segmented based on equipment type, end-user, application and geography. Based on equipment type, it is classified into loaders, cranes, forklifts, excavators, dozers, dump trucks and other equipment. On the basis of end-user, the global market of construction equipment is classified into oil and gas, manufacturing, transportation, infrastructure, others. By application the market is bifurcated into earthmoving, excavation and mining, material handling, tunneling, and recycling and waste management. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East, Africa, and Latin America. Furthermore, North America is segmented into U.S., Canada and Mexico. Also, Europe is bifurcated into major countries such as Germany, UK, France, Italy, Spain, and Rest of Europe. Asia-Pacific is sub-classified into China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific. Middle East is further segmented South Arabia, UAE and Rest of MEA. Latin America is sub-classified into Brazil, Argentina and Rest of the Latin America. Africa is bifurcated into South Africa, Egypt and Rest of Africa

Browse Full Report with Table Of Content, List of Table and Figures – https://www.acumenresearchandconsulting.com/construction-equipment-market

Loaders was the Popular Equipment Type in 2016

In 2017, loaders held the highest market share of around 38%. Loader is the self-propelled heavy equipment mainly used in construction for lifting material into or onto another type of machinery such as dump truck or conveyor belt. A bucket is attached to the arm of the loader, which is raised, lowered and dumped, mechanically. The equipment studied under loaders includes wheeled loaders and skid-steer loaders and are highly demanded globally.

Some of the key players dealing in the construction equipment market and included in report are CNH Industrial N.V., Liebherr Group, AB Volvo, Komatsu Ltd., J C Bamford Excavators Ltd., Atlas Copco AB, Hitachi Construction Machinery Co., Ltd, Doosan Heavy Industries & Construction Co., Ltd, Caterpillar Inc., and John Deere among others.

Market Segmentation
Market By Equipment Type
  • Loaders
  • Cranes
  • Forklifts
  • Excavators
  • Dozers
  • Dump Trucks
  • Others
Market By End-User
  • Oil and Gas
  • Manufacturing
  • Transportation
  • Infrastructure
  • Others
Market By Application
  • Earthmoving
  • Excavation and Mining
  • Material Handling
  • Tunneling
  • Recycling and Waste Management
Market By Geography
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Rest of Asia-Pacific
  • Middle East
    • UAE
    • South Arabia
    • Rest of Middle East and Africa (MEA)
  • Africa
    • South Africa
    • Egypt
    • Rest of Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

The report is readily available and can be dispatched immediately after payment confirmation.

The Final Report will cover the impact analysis of COVID-19, Download Full Study Report (Single User License US$ 4500)@ https://www.acumenresearchandconsulting.com/buy-now/0/633

About Acumen Research and Consulting:

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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