Global Heavy Construction Equipment Market Size study, By Type, By Application, By End-Use Sector, and Regional Forecasts 2022-2028

Description

List of Tables

Global Heavy Construction Equipment Market is valued approximately USD 170.35 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.0% over the forecast period 2022-2028.

Heavy construction equipment is primarily adopted for performing heavy operations tasks such as lifting excavation, material handling, and other heavy operations. The equipment facilitates the transportation of objects faster, reduces the need for a huge workforce, and improves business efficiency on large scale. Heavy construction equipment is gaining huge traction in public works & railroad, infrastructure, construction & manufacturing, mining, forestry & agriculture, oil & gas, and many other end-use segments. The growing investments in the construction industry, rapid urbanization, increasing demand for heavy construction equipment majorly from developing countries, coupled with rapid technology developments are the major factors that are surging the market demand across the globe. For instance, according to the news released by Global Construction 2030, it is expected that the volume of construction output will increase by 85% and accounted for USD 15.5 trillion globally by 2030. This development is primarily driven by three nations China, India, and the United States that contribute with 57% share for the development of the construction industry around the world. However, the high cost of equipment and shortage of skilled labor force, and maintenance & repair-related issues of equipment impede the growth of the market over the forecast period of 2022-2028. Also, renting or leasing of equipment and agreements & contracts, joint ventures, and mergers & acquisitions among leading companies are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Heavy Construction Equipment market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific is the leading region across the world in terms of market share owing to the exponential growth of the construction sector, as well as increasing industrialization and urbanization. Whereas, Middle-East & Africa is anticipated to exhibit a significant CAGR over the forecast period 2022-2028. Factors such as increasing disposable income, as well as investments in new building constructions and renovation activities, would create lucrative growth prospects for the Heavy Construction Equipment market across the region.

Major market players included in this report are:

Caterpillar Inc.

Liebherr AG

Terex Corporation

Volvo Construction Equipment AB

Komatsu Limited

Doosan Infracoe

Hitachi Machinery Construction Co., Ltd.

JCB

Sany Heavy Industry Co., Ltd.

CNH Industrial N.V.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed inApplicationation about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type

Earth moving equipment

Material handling Equipment

Heavy construction vehicles

Others

By Application

Excavation & demolition

Heavy lifting

Material Handling

Tunneling

Transportation

Recycling & waste management

By End-Use Sector

Construction & manufacturing

Oil & gas

Public works & rail road

Infrastructure

Mining

Forestry & agriculture

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Heavy Construction Equipment Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Global Heavy Construction Equipment Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Global Heavy Construction Equipment Market, by Type, 2020-2028 (USD Billion)
- 1.2.3. Global Heavy Construction Equipment Market, by Application, 2020-2028 (USD Billion)
- 1.2.4. Global Heavy Construction Equipment Market, by End-Use Sector, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Heavy Construction Equipment 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 Heavy Construction Equipment Market Dynamics

3.1. Heavy Construction Equipment Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing investments in the construction industry
  - 3.1.1.2. Rapid technology advancement in various construction equipment
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of equipment
  - 3.1.2.2. Shortage of skilled labor force
- 3.1.3. Market Opportunities
  - 3.1.3.1. Renting or leasing of equipment
  - 3.1.3.2. Increasing number of agreements & contracts, joint ventures, and mergers & acquisitions among leading companies

Chapter 4. Global Heavy Construction Equipment 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 (2018-2028)
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
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Heavy Construction Equipment Market, by Type

6.1. Market Snapshot
6.2. Global Heavy Construction Equipment Market by Type, Performance - Potential Analysis
6.3. Global Heavy Construction Equipment Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
6.4. Heavy Construction Equipment Market, Sub Segment Analysis
- 6.4.1. Earth moving equipment
- 6.4.2. Material handling Equipment
- 6.4.3. Heavy construction vehicles
- 6.4.4. Others

Chapter 7. Global Heavy Construction Equipment Market, by Application

7.1. Market Snapshot
7.2. Global Heavy Construction Equipment Market by Application, Performance - Potential Analysis
7.3. Global Heavy Construction Equipment Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
7.4. Heavy Construction Equipment Market, Sub Segment Analysis
- 7.4.1. Excavation & demolition
- 7.4.2. Heavy lifting
- 7.4.3. Material Handling
- 7.4.4. Tunneling
- 7.4.5. Transportation
- 7.4.6. Recycling & waste management

Chapter 8. Global Heavy Construction Equipment Market, by End-Use Sector

8.1. Market Snapshot
8.2. Global Heavy Construction Equipment Market by End-Use Sector, Performance - Potential Analysis
8.3. Global Heavy Construction Equipment Market Estimates & Forecasts by End-Use Sector 2018-2028 (USD Billion)
8.4. Heavy Construction Equipment Market, Sub Segment Analysis
- 8.4.1. Construction & manufacturing
- 8.4.2. Oil & gas
- 8.4.3. Public works & rail road
- 8.4.4. Infrastructure
- 8.4.5. Mining
- 8.4.6. Forestry & agriculture
- 8.4.7. Others

Chapter 9. Global Heavy Construction Equipment Market, Regional Analysis

9.1. Heavy Construction Equipment Market, Regional Market Snapshot
9.2. North America Heavy Construction Equipment Market
- 9.2.1. U.S. Heavy Construction Equipment Market
  - 9.2.1.1. Type estimates & forecasts, 2018-2028
  - 9.2.1.2. Application estimates & forecasts, 2018-2028
  - 9.2.1.3. End-Use Sector estimates & forecasts, 2018-2028
- 9.2.2. Canada Heavy Construction Equipment Market
9.3. Europe Heavy Construction Equipment Market Snapshot
- 9.3.1. U.K. Heavy Construction Equipment Market
- 9.3.2. Germany Heavy Construction Equipment Market
- 9.3.3. France Heavy Construction Equipment Market
- 9.3.4. Spain Heavy Construction Equipment Market
- 9.3.5. Italy Heavy Construction Equipment Market
- 9.3.6. Rest of Europe Heavy Construction Equipment Market
9.4. Asia-Pacific Heavy Construction Equipment Market Snapshot
- 9.4.1. China Heavy Construction Equipment Market
- 9.4.2. India Heavy Construction Equipment Market
- 9.4.3. Japan Heavy Construction Equipment Market
- 9.4.4. Australia Heavy Construction Equipment Market
- 9.4.5. South Korea Heavy Construction Equipment Market
- 9.4.6. Rest of Asia Pacific Heavy Construction Equipment Market
9.5. Latin America Heavy Construction Equipment Market Snapshot
- 9.5.1. Brazil Heavy Construction Equipment Market
- 9.5.2. Mexico Heavy Construction Equipment Market
9.6. Rest of The World Heavy Construction Equipment Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Caterpillar Inc.
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Liebherr AG
- 10.2.3. Terex Corporation
- 10.2.4. Volvo Construction Equipment AB
- 10.2.5. Komatsu Limited
- 10.2.6. Doosan Infracoe
- 10.2.7. Hitachi Machinery Construction Co., Ltd.
- 10.2.8. JCB
- 10.2.9. Sany Heavy Industry Co., Ltd.
- 10.2.10. CNH Industrial N.V.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Heavy Construction Equipment Market, report scope
TABLE 2. Global Heavy Construction Equipment Market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Heavy Construction Equipment Market estimates & forecasts by Type 2018-2028 (USD Billion)
TABLE 4. Global Heavy Construction Equipment Market estimates & forecasts by Application 2018-2028 (USD Billion)
TABLE 5. Global Heavy Construction Equipment Market estimates & forecasts by End-Use Sector 2018-2028 (USD Billion)
TABLE 6. Global Heavy Construction Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Heavy Construction Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Heavy Construction Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Heavy Construction Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Heavy Construction Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Heavy Construction Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Heavy Construction Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Heavy Construction Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Heavy Construction Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Heavy Construction Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. U.S. Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. Canada Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 20. Canada Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. Canada Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. UK Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 23. UK Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. UK Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. Germany Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 26. Germany Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. Germany Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. RoE Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 29. RoE Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. RoE Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. China Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 32. China Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. China Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. India Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 35. India Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. India Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. Japan Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 38. Japan Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. Japan Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. RoAPAC Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 41. RoAPAC Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. RoAPAC Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. Brazil Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 44. Brazil Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Brazil Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Mexico Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 47. Mexico Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. Mexico Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. RoLA Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 50. RoLA Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. RoLA Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. Row Heavy Construction Equipment Market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 53. Row Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. Row Heavy Construction Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global Heavy Construction Equipment Market
TABLE 56. List of primary sources, used in the study of global Heavy Construction Equipment Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Heavy Construction Equipment Market, research methodology
FIG 2. Global Heavy Construction Equipment Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Heavy Construction Equipment Market, key trends 2021
FIG 5. Global Heavy Construction Equipment Market, growth prospects 2022-2028
FIG 6. Global Heavy Construction Equipment Market, porters 5 force model
FIG 7. Global Heavy Construction Equipment Market, pest analysis
FIG 8. Global Heavy Construction Equipment Market, value chain analysis
FIG 9. Global Heavy Construction Equipment Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Heavy Construction Equipment Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Heavy Construction Equipment Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Heavy Construction Equipment Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Heavy Construction Equipment Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Heavy Construction Equipment Market, regional snapshot 2018 & 2028
FIG 15. North America Heavy Construction Equipment Market 2018 & 2028 (USD Billion)
FIG 16. Europe Heavy Construction Equipment Market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific market 2018 & 2028 (USD Billion)
FIG 18. Latin America Heavy Construction Equipment Market 2018 & 2028 (USD Billion)
FIG 19. Global Heavy Construction Equipment Market, company market share analysis (2021)