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Global Construction Equipment Market grow at a CAGR of 5.1% Growth, Trends and Absolute Opportunity up to 2026

Global Construction Equipment Market


A wide variety of relatively heavy machines which perform specific construction (or demolition) functions under power. The power plant is commonly an integral part of an individual machine, although in some cases it is contained in a separate prime mover, for example, a towed wagon or roller.


Analysis of Global Construction Equipment Market report:

Global construction equipment market is expected to rise to an estimated value by registering a substantial CAGR of 5.1% in the forecast period of 2019-2026. Growth in industrial and commercial development and economic growth is enhancing the market growth.


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Market Drivers:

  • Rising investment in infrastructure is the factor driving the growth of this market
  • Increasing number of smart city projects is driving the market growth
  • Technological advancement and development is another important factor driving the market growth
  • Growing demand of small and large excavators, backhoe loaders and other heavy construction equipment from developing countries is a driver for this market


Market Restraints:

  • High cost of the oil will also restrain market growth
  • High price of the equipment is another important factor hindering the market growth


Leading Key players profiled in this report are:

Few of the major competitors currently working in global construction equipment market are Caterpillar, AB Volvo, Komatsu Ltd, CNH Industrial N.V., Liebherr Group, Hitachi Construction Machinery Co., Ltd., Terex Corporation., Deere & Company., Zoomlion Heavy Industry Science&Technology Co., Ltd., Atlas Copco (India) Ltd, Sandvik AB, WIRTGEN GROUP, Ammann Group, Manitowoc, ASTEC INDUSTRIES, INC., Doosan Corporation, XCMG Group, Hyundai Heavy Industries Co., Ltd. and SANY GROUP among others.


Global Construction Equipment Market Segmentation:

By Equipment Type

  • Articulated Dump Truck
  • Asphalt Finisher
  • Backhoe Loader
  • Crawler Dozer
  • Crawler Excavator
  • Crawler Loader
  • Mini Excavators
  • Motor Grader
  • Motor SCRaper
  • Road Roller
  • Rigid Dump Truck
  • RTLT-Masted
  • RTLT-Telescopic
  • Skid-Steer Loader
  • Wheeled Excavator
  • Wheeled Loader <80 hp
  • Wheeled Loader >80hp

By Equipment Category

  • Earthmoving Equipment
  • Material-Handling Equipment
  • Heavy Construction Vehicles
  • Other Equipment

By Application

  • Infrastructure
  • Commercial Buildings
  • Residential Buildings
  • Industrial Buildings

By Power Output

  • <100 hp Construction Equipment
  • 101–200 hp Construction Equipment
  • 201–400 hp Construction Equipment
  • >400 hp Construction Equipment

By Emission Regulation Stage

  • Stage II
  • Stage III
  • Stage IIIA
  • Stage IIIB
  • Stage IV
  • Stage V
  • Stage VI
  • Tier 3
  • Tier 4
  • Tier 5

By Propulsion Type

  • Diesel
  • Gasoline

By Solution

  • Products
  • Services
  • Rental
  • Maintenance

By Drive Type

  • Hydraulic
  • Electric &Hybrid

By End- Users

  • Oil & Gas
  • Public Works & Rail Road
  • Forestry & Agricultural
  • Manufacturing
  • Military
  • Mining

By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific


Competitive Analysis:

Global construction equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of construction equipment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.


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The Global Construction Equipment Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Construction Equipment Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.


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