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Construction Equipment Market

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Construction Equipment Market Key Insights

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Construction Equipment Market Analysis by Regions

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Construction Equipment Market Analysis by Segments

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Construction Equipment Market Size (current and future)

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Construction Equipment Market Competitive Benchmarking

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2 years ago

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 construction sector globally. Emerging economies across the world are investing 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 In addition, end users in developed markets are replacing their outdated eq...

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1 business day

a year ago

Construction Equipment Market - Forecast to 2026

The global construction equipment market is anticipated to register a significant market expansion of 4.63% during the review period to reach a market value of USD 134,363.8 million by 2026. The global market growth is set off by different variables such as increment in foundation speculations post-COVID-19 pandemic is probably going to fuel the interest in developing hardware and expanding int...

Delivery Time

1 business day

a year ago

South & Central America Construction Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)

The construction equipment market in South & Central America is expected to grow from US$15,073.09 million in 2022 to US$23,821.19 million by 2028. It is estimated to grow at a CAGR of 7.9% from 2022 to 2028.

 

Economic activities across the region were considerably stifled due to the COVID-19 pandemic. According to a recent Global Infrastructure Hub (GIH) assessment in 202...

Delivery Time

1 business day

a year ago

Asia Pacific Construction Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)

The construction equipment market in Asia Pacific is expected to grow from US$45,566.78 million in 2022 to US$85,836.45 million by 2028. It is estimated to grow at a CAGR of 11.1% from 2022 to 2028.

 

Electrification is shaping the construction equipment industry, which presents substantial opportunities and design options. Electrification has risen in most market categories, i...

Delivery Time

1 business day

a year ago

Europe Construction Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)

The construction equipment market in Europe is expected to grow from US$17,517.70 million in 2022 to US$32,511.07 million by 2028. It is estimated to grow at a CAGR of 10.9% from 2022 to 2028.

 

Economic activities across the region were considerably stifled due to the COVID-19 pandemic. According to a recent Global Infrastructure Hub (GIH) assessment in 2020, the short-term fi...

Delivery Time

1 business day

a year ago

"Middle East & Africa Construction Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)

The construction equipment market in Middle East & Africa is expected to grow from US$20,483.57 million in 2022 to US$35,224.78 million by 2028. It is estimated to grow at a CAGR of 9.5% from 2022 to 2028.

 

Machine learning and artificial intelligence (AI) can assist firms in dealing with an aging workforce and professional skills shortage. AI-enabled machines can pave the...

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1 business day

a year ago

North America Construction Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)

The construction equipment market in North America is expected to grow from US$ 27,421.64 million in 2022 to US$ 46,057.60 million by 2028. It is estimated to grow at a CAGR of 9.0% from 2022 to 2028.

 

Public-private collaboration is a joint venture between the government and the private sector to build public infrastructure. In this collaboration, the private firm manages a g...

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1 business day

2 years ago

Autonomous Construction Equipment Market By Equipment (Earth Moving Equipment, Construction Vehicle, Material Handling Equipment, Concrete & Road Construction Equipment), By Autonomy (Partial Autonomous, Fully Autonomous) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Moderately paced construction industry is getting ready for automation revolution with construction equipment giants introducing their ace products in market. Autonomous construction equipment can be operated with little or no human intervention for performing a predefined task. Autonomous equipment has potential to propose exceptional combination of efficiency productivity and safety which is...

Delivery Time

1 business day

a year ago

Global Rotary Drive of Construction Equipment Market Research Report 2023

This report aims to provide a comprehensive presentation of the global market for Rotary Drive of Construction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rotary Drive of Construction Equipm...

Delivery Time

1 business day

a year ago

Rotary Drive of Construction Equipment - Global and China Top Players Market Share and Ranking 2023

According to YH Research, the global market for Rotary Drive of Construction Equipment should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
By country, China accounted for percent of the global market last year and China’s market share increased from percent to percent. China Rotary Drive of Construction Equipment market should grow fr...

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1 business day

a year ago

2023-2029 Global Rotary Drive of Construction Equipment Industry Research & Trends Analysis Report

According to YH Research, the global market for Rotary Drive of Construction Equipment should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China Rotary Drive of Construction Equipment market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States Rotary Drive o...

Delivery Time

1 business day

a year ago

Global Concrete and Road Construction Equipment Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Report Scope
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were coll...

Delivery Time

1 business day

a year ago

Global Second-hand Construction Equipment Market Research Report 2023

This report aims to provide a comprehensive presentation of the global market for Second-hand Construction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Second-hand Construction Equipment.

Delivery Time

1 business day

a year ago

Global Electric Compact Construction Equipment Market Research Report 2023

This report aims to provide a comprehensive presentation of the global market for Electric Compact Construction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Compact Construction Equi...

Delivery Time

1 business day

a year ago

Global Autonomous Construction Equipment Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Report Scope
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were coll...

Delivery Time

1 business day

a year ago

Global Underground Construction Equipment Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

Report Scope
This latest report researches the industry structure, capacity, production, sales (consumption), revenue, price and gross margin. Major producers' production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were coll...

Delivery Time

1 business day

a year ago

Global Light Construction Equipment Market Research Report 2022

This report aims to provide a comprehensive presentation of the global market for Light Construction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Light Construction Equipment.
The Light...

Delivery Time

1 business day

a year ago

Global Compact Battery Powered Construction Equipment Market Research Report 2022

This report aims to provide a comprehensive presentation of the global market for Compact Battery Powered Construction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compact Battery Powered Con...

Delivery Time

1 business day

a year ago

Global Used Construction Equipment Market Research Report 2023

This report aims to provide a comprehensive presentation of the global market for Used Construction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Used Construction Equipment.
The Used Co...

Delivery Time

1 business day

Construction Equipment Market

The construction equipment market is the industry that produces, sells, and rents out the tools and machinery used in construction. This market includes machinery, bulldozers, cranes, dump trucks, loaders, excavators, and more.

 

Some of the market's current trends are listed below:

Adoption of cutting-edge technologies: Telematics, the Internet of Things, automation, and artificial intelligence are being integrated into the construction equipment market. On construction sites, these technologies increase effectiveness, productivity, and safety.

 

Focus on sustainability: There is an increasing demand for eco-friendly and energy-efficient equipment due to a growing emphasis on sustainable building techniques. Manufacturers are developing electric and hybrid construction equipment to cut emissions and lessen their adverse environmental effects.

 

Here are some of the market's growth and driving forces:

Infrastructure development: Projects like road building, railway expansion, and urbanization initiatives drive the demand for construction equipment. Government spending on infrastructure expansion significantly influences the market.

 

Rapid urbanization and population growth in developing nations increase the need for residential and commercial infrastructure, increasing the demand for construction tools.


Here are some of the market's risks and difficulties:

Economic turbulence: Changes in the global and regional economies may impact infrastructure investments and construction activity, which may affect the demand for construction equipment.

 

Strict regulations: The construction equipment sector is subject to some laws and emission standards, which may necessitate that manufacturers spend money on R&D to comply.

 

Some major companies in the construction equipment market are listed below: Hitachi Construction Machinery Co., Ltd., Volvo Construction Equipment, Caterpillar Inc., and Komatsu Ltd.

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