Construction equipment is used to perform multiple tasks on the construction site such as hoisting, excavating, hauling, paving, grading, and drilling. Construction equipment has many uses in the building and realty sector. The type of equipment in the report mainly include includes excavators, loaders, graders, bulldozers, dump truck, compactors, and pavers.
LPI (LP Information)' newest research report, the “Construction Equipment Industry Forecast” looks at past sales and reviews total world Construction Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Construction Equipment sales for 2023 through 2029. With Construction Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Equipment industry.
This Insight Report provides a comprehensive analysis of the global Construction Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Construction Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Equipment.
The global Construction Equipment market size is projected to grow from US$ 119410 million in 2022 to US$ 131150 million in 2029; it is expected to grow at a CAGR of 131150 from 2023 to 2029.
Global Construction Equipment key players include Caterpillar, Komatsu, Volvo Construction Equipment, Hitachi Construction Machinery, Deere, etc. Global top five manufacturers hold a share about 45%. China is the largest market, with a share about 25%, followed by North America, with a share about 20 percent. In terms of product, Excavator is the largest segment, with a share about 50%. And in terms of application, the largest application is Engineering Working, followed by Residential Building, Non-Residential Building, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Equipment market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Construction Equipment Includes:
Caterpillar
Komatsu
Volvo Construction Equipment
Hitachi Construction Machinery
Deere
Doosan
JCB
SANY Group Company Ltd.
Kobelco
CNH Global
Hyundai Construction Equipment Company
Liebherr Group
Kubota
XCMG
Zoomlion
Market Segment by Type, covers:
Excavator
Loaders
Compactors
Dump Truck
Bulldozers
Market Segment by Applications, can be divided into:
Residential Building
Non-Residential Building
Engineering Working
Key Questions Addressed in this Report
What is the 10-year outlook for the global Construction Equipment market?
What factors are driving Construction Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Construction Equipment market opportunities vary by end market size?
How does Construction Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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