+91-8668442535

Construction Equipment Market - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

The global construction equipment market is growing steadily with improving economic conditions and increasing investment in the construction sector globally. Emerging economies across the world are investing a significant amount in energy, transportation, and other construction projects to support their economic developments. In addition, end users in developed markets are replacing their outdated equipment with advanced solutions. The construction equipment market has considerable opportunity for industry players across the value chain.

The report includes current demand-supply, technology, consumption, and pricing trends in the global markets. The report provides users with detailed information about the production and consumption of construction equipment on a regional basis. The study provides an in-depth analysis of market drivers and restraints affecting the growth of this market. The report also includes a detailed value chain analysis, PESTEL analysis, and attractive market analysis in order to identify key investment areas in this market and in designing market-winning strategies.  

The study also includes market estimates and forecasts for the different types of construction equipment in terms of both volume and revenue. The construction equipment market is classified on the basis of equipment type and region. The study includes a cross-sectional analysis for each regional market which includes regional production and consumption of construction equipment. This report includes market estimates (2013 & 2014) and a forecast for the period 2015 – 2022 in terms of volume and revenue. The report also provides the market size of construction equipment in major countries in each region. 

The report target key construction equipment manufacturers in the global market. Company profile provides detailed information about product portfolio, financial overview, regional market, and recent developments in the construction equipment industry. The report also includes the market positioning of key players in the global market along with their market-winning strategies.

The global construction equipment market is classified into the following categories:

Earth Moving Equipment

  • Excavators
  • Loaders
  • Other (Bull Dozers, Scrappers etc)
  • Construction Vehicles
  • Dumpers
  • Trailer
  • Other (Tankers, Tippers etc)
  • Material Handling Equipment
  • Cranes
  • Forklifts
  • Others (Conveyers, Hoists etc)
  • Concrete and Road Construction Equipment
  • Concrete Mixers and Pavers
  • Crushing and Road Construction Equipment
  • Others (Pumps, Road Rollers etc)

By Region

  • North America
  • US
  • Rest of North America
  • Europe
  • EU7
  • CIS
  • Rest of Europe
  • Asia-Pacific (APAC)
  • India
  • China
  • Japan
  • Australia
  • Southeast Asia
  • Rest of APAC
  • Rest of the World
  • South America
  • Middle East
  • Africa

We have considered the following type of construction equipment to estimate the market size of the overall construction equipment market:

Earth Moving Equipment

  • Excavators
  • Loaders
  • Other (Bull Dozers, Scrappers, etc.)

Construction Vehicles

  • Dumpers
  • Trailer
  • Other (Tankers, Tippers, etc.)

Material Handling Equipment

  • Cranes
  • Forklifts
  • Others (Conveyors, Hoists, etc.)

Concrete and Road Construction Equipment

  • Concrete Mixers and Pavers
  • Crushing and Road Construction Equipment
  • Other(Pumps, Road Rollers, etc.)

Earth moving equipment accounted for the largest revenue share compared to other types of construction equipment in 2014. Asia Pacific is the largest production hub for earth-moving equipment. Chinese manufacturers are producing earth moving machinery at relatively cheaper prices, which is increasing their demand in cost-sensitive markets. In addition, rising fuel prices worldwide are increasing the demand for construction equipment that provides higher fuel efficiency. This increases the demand for compact loaders and hydraulic excavators due to their higher fuel efficiency. Material handling equipment are also expected to see steady growth with the increasing investment in the energy sector and improving construction industry outlook. Construction contractors in emerging nations are replacing their outdated machinery with advanced solutions such as automated batching processes. In addition, rising investment in road construction by countries worldwide to support their economic growth is increasing the demand for road construction machinery and equipment.

The global construction equipment market is classified into four major regions i.e., North America, Europe, Asia Pacific, and the Rest of the World (RoW). The Rest of the world's construction equipment market is further classified into South America, Africa and the Middle East. The Asia Pacific accounted for the largest global construction equipment market revenue in 2014. The market for construction equipment in the U.S. is expected to grow with the rising replacement of aging equipment with advanced technology to increase the efficiency of the construction process. In addition, flexible credit policies available in the U.S. motivate end users to invest in construction equipment. Major European economies are improving gradually after the recession in 2009 and the debt crisis in 2011. This is expected to increase the demand for construction equipment with recovery in the construction sector. Russia is one of the fastest-growing economies. Though the growth in the construction industry's output has declined in the last two years, the Russian government is expected to increase investments in new infrastructures to support its economic developments.

The Asia Pacific is predicted to see the fastest growth throughout the forecast period 2015 – 2022. This growth is primarily attributed to rising residential as well as commercial constructions, particularly in India and China. In order to provide housing facilities to the increasing population in urban areas, the Chinese government has planned to build new 36 million low-cost houses in major cities during its 12th five-year plan. In addition, expanding roads and other transportation networks to improve the connectivity between major cities is also influencing the demand for construction equipment. The Middle East and South America are also expected to see significant growth in the sale of construction equipment with increasing construction activities in these regions.

Frequently Asked Questions:

The market for Construction Equipment is expected to reach USD 230.5 Bn in 2022.

The Construction Equipment market is expected to see significant CAGR growth over the coming years, at XX %.

The report is forecasted from 2022-2029

The base year of this report is 2021.

Omatsu (Japan), Hitachi (Japan), Volvo (Sweden), Liebherr (Switzerland), Zoomlion (China), Sany (China), Doosan (South Korea), Terex (U.S.), and John Deere (U.S.) are some of the major players in the global market.

Choose License Type
Trusted By
Godaddy
Published Date:  Mar 2016
Category:  Building & Construction
Report ID:   57745
Report Format:   PDF
Pages:   120
Rating:    4.4 (65)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support