Market player included in this report are. Caterpillar Inc. JCB India Limited, CNH Industrial NV, Hitachi Construction Machinery Co Ltd, Deere & Company, Kobelco Construction Machinery Co., Ltd, Komatsu Ltd, Mitsubishi Heavy Industries Ltd, Volvo Gro
Construction Machinery Market Value and CAGR
The market for construction equipment is projected to increase from USD 181.3billion in 2021 to USD 224.2billion in 2026, at a CAGR of 5% during the same period.
The term "construction machinery" refers to heavy-duty vehicles that are specially designed for executing construction tasks, the majority of which involve earthwork operations. They are also known as heavy machinery, engineering vehicles, and construction equipment. Construction equipment examples include bulldozers, cranes, excavators, backhoes, and concrete pumps.
Construction Machinery Market Growth Drivers and Risks
Increasing infrastructure development, rising urbanisation and population growth, and the expansion of the construction industry are a few of the factors driving the expansion of the construction machinery market.
Some things that might stop the growth of the construction machinery market are the high cost of equipment, worries about the environment, and a lack of skilled operators.
Construction Machinery Market Key players
Market player included in this report are. Caterpillar Inc.,JCB India Limited, CNH Industrial NV, Hitachi Construction Machinery Co Ltd, Deere & Company, Kobelco Construction Machinery Co., Ltd, Komatsu Ltd, Mitsubishi Heavy Industries Ltd, Volvo Group, Doosan Infracore Co Ltd.
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Construction Machinery Market Segmentations
By Machinery Type
By Drive Type
Reasons Why You Should Buy This Report
Table of content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Construction Machinery Market, by Region, 2017-2026 (USD Billion)
1.2.2. Construction Machinery Market, by Machinery Type, 2017-2026 (USD Billion)
1.2.3. Construction Machinery Market, by Drive Type, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Construction Machinery Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Construction Machinery Market Dynamics
3.1. Construction Machinery Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Construction Machinery Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Construction Machinery Market, by Machinery Type
5.1. Market Snapshot
5.2. Global Construction Machinery Market by Machinery Type, Performance - Potential Analysis
5.3. Global Construction Machinery Market Estimates & Forecasts by Machinery Type 2016-2026 (USD Billion)
5.4. Construction Machinery Market, Sub Segment Analysis
5.4.1. Crane
5.4.2. Telescopic Handlers
5.4.3. Excavator
5.4.4. Loader & Backbone
5.4.5. Motor Grader
5.4.6. Others
….Toc To Be Continued.
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Feb 24, 2023