Construction Equipment Market by Type (Excavator - Crawler and Mini, Loader - Backhoe, Skid-steer, Wheeled and Other Equipment), Category, Emission Regulation, Aftertreatment Device, Power Output, Application, Rental Equipment, and Region - Global Forecast to 2025
Infrastructure to be the fastest-growing application in construction equipment market Infrastructure is the fastest-growing application of construction equipment. It is expected to drive the market. This growth can be attributed to the upcoming construction projects around the globe, primarily in developing nations such as China and India. Additionally, major events such as the FIFA World Cup in 2018 in Russia and in 2022 in Qatar is likely to drive the demand for construction equipment in these regions. PDF Brochure :
Crawler Excavator equipment to be the largest segment of the construction equipment market A reasonable growth is shown by crawler excavator equipment during the forecast period. The high demand for this construction equipment is attributed to its benefits such as ease of use and an ability to perform multiple operations in construction activities. Wheeler loader is projected to be the second-largest construction equipment segment during the forecast period. The construction equipment market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Caterpillar (US), Hitachi Construction Equipment (Japan), Terex (US), Komatsu (Japan), and Liebherr (Switzerland). Request for Customization :
Road roller is the fastest growing equipment in the market by equipment type. Its increasing use can be attributed to the increasing need for roads in developing countries such as India and China along with major road development projects such as China–Pakistan Economic Corridor (CPEC), which aims to connect China with Central Asia and create a modern silk route. The tier-5 emission regulation engines are projected to have the largest market share, by emission regulation, of construction equipment by The countries in North America such as Canada, the US, and Mexico are speculated to have enforced these regulations by Additionally it is speculated that Japan will also follow these regulations once they are in effect. Request
Asia Pacific to remain the largest market for construction equipment over the forecast period The Asia Pacific region includes key countries such as China, Japan, and India. The construction equipment market in the region is expected to remain the largest owing to the increase in infrastructural development projects and population migration from rural to urban areas. Robust economic growth, along with increasing need for housing and office spaces will be boosting the construction activities across the Asia Pacific region. Major players covered in the construction equipment market study are Caterpillar (US), Komatsu (Japan), Terex (US), CNH Industrial (the Netherlands), Liebherr (Switzerland), JCB (UK), and Hitachi Construction Machinery (HCM). Speak to
Market Ecosystem: Major players in the construction equipment market are Caterpillar (US), Volvo Construction Equipment (Sweden), CNH Industrial (the Netherlands), Komatsu (Japan), John Deere (US), Liebherr (Switzerland), Terex (the US), Hitachi Construction Equipment (Japan), JCB (the UK), and Zoomlion (China). Buy Now:
Browse >> 168 market data tables 53 figures 228 pages and in-depth TOC on "Construction Equipment Market by Type (Excavator - Crawler and Mini, Loader - Backhoe, Skid-steer, Wheeled and Other Equipment), Category, Emission Regulation, Aftertreatment Device, Power Output, Application, Rental Equipment, and Region - Global Forecast to 2025“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
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