Market Research Report
Global Construction Equipment Market By Machinery Type, By Type, By Power Output, By Application, By End User Industry, By Company, By Region, Forecast & Opportunities, 2026
|Published by||TechSci Research||Product code||986320|
|Published||Content info||118 Pages
Delivery time: Inquiry
|Global Construction Equipment Market By Machinery Type, By Type, By Power Output, By Application, By End User Industry, By Company, By Region, Forecast & Opportunities, 2026|
|Published: January 1, 2021||Content info: 118 Pages||
Global Construction Equipment Market By Machinery Type (Earthmoving equipment, Material Handling equipment, construction vehicles and Others), By Type (Loader, Cranes, Forklift, Excavator, Dozers, and Others), By Power Output (<100 Hp Construction Equipment, 101-200 Hp Construction Equipment, 201-400 Hp Construction Equipment, >400 Hp Construction Equipment), By Application (Material Handling, Excavation & Demolition, Recycling & Waste Management, Tunneling and Others), By End User Industry (Oil & Gas, Construction, Others), By Company, By Region, Forecast & Opportunities, 2026.
The Global Construction Equipment Market is expected to grow at a CAGR of around 8% during the forecast period. The Global Construction Equipment Market is driven by surging road construction projects which are being carried out by central as well as state governments. Moreover, growing need for machines that are effective and not so costly is positively impacting the growth of the market during the forecast period. Furthermore, increasing use for numerous purposes including building construction, loading, digging, is expected to bolster the growth of the market over the next few years.
The Global Construction Equipment Market is segmented based on machinery type, type, power output, application, end-user industry, company, and region. Based on machinery type, the market can be categorized into earthmoving equipment, material handling equipment, construction vehicles and others. Out of which, the earthmoving machinery segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period as well, which can be attributed to the growing requirement for conducting excavation or digging in confined spaces.
Based on type, the market is fragmented into loader, cranes, forklift, excavator, dozers, and others. Among them, the cranes segment is projected to grow at a high pace during the forecast period on account of large construction projects that are ongoing across the world.
The major players operating in the Global Construction Equipment Market are Volvo Construction Equipment AB, Komatsu Ltd., Caterpillar Inc., Atlas Copco AB, Hitachi Ltd., Joy Global Inc., Liebherr International AG, Zoomlion Heavy Industry Science & Technology Development Co. Ltd., CNH Industrial N.V, Terex Corporation and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer basis.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.
TechSci Research calculated the market size of the Global Construction Equipment Market by using a bottom-up approach, wherein the data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
In this report, the Global Construction Equipment Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Material Handling equipment
100 Hp Construction Equipment
101-200 Hp Construction Equipment
201-400 Hp Construction Equipment
>400 Hp Construction Equipment
Excavation & Demolition
Recycling & Waste Management
Oil & Gas
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in the Global Construction Equipment Market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: