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Global & Singapore Heavy Construction Equipment Market to 2031

Publisher Business Market Insights
Published May 01, 2025
Length 100 Pages
SKU # BMKS20051209

Description

The heavy construction equipment market in Singapore is largely propelled by several key factors tied to the nation’s infrastructure development, urbanization, and technological progress. These elements significantly boost the demand for construction machinery, including excavators, cranes, loaders, bulldozers, and road rollers.

Ongoing investments in infrastructure projects such as public transportation networks (MRT), roads, bridges, ports, and airports drive the need for heavy construction equipment. The Singaporean government’s ambitious Smart Nation initiative aims to enhance infrastructure to improve connectivity, stimulate economic growth, and elevate quality of life. Major projects like the expansion of Changi Airport Terminal 5 and the development of the Jurong Lake District further increase demand for construction machinery.

Rapid urbanization and continuous growth in the real estate sector also contribute to the rising need for heavy construction equipment. Given Singapore’s limited land availability, there is a strong focus on vertical development, leading to the construction of high-rise buildings, mixed-use complexes, and integrated commercial spaces. This trend, along with ongoing urban renewal projects in older neighborhoods, fuels demand for equipment such as cranes, excavators, and backhoes, supporting steady market growth.

Table of Contents

100 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. Singapore Heavy Construction Equipment Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Heavy Construction Equipment Market Key Market Dynamics
5.1 Heavy Construction Equipment Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. Singapore Heavy Construction Equipment Market – Analysis
6.1 Singapore Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
6.2 Singapore Heavy Construction Equipment Market Revenue and Forecast Analysis
7. Singapore Heavy Construction Equipment Market Analysis – by Type
7.1 Singapore Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
8. Singapore Heavy Construction Equipment Market Analysis – by Power Output
8.1 Singapore Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
9. Singapore Heavy Construction Equipment Market Analysis – by Propulsion Type
9.1 Singapore Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
10. Singapore Heavy Construction Equipment Market Analysis – by End-use Industry
10.1 Singapore Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End-use Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.1 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.2 Partnerships and Collaborations
12.2 Other Developments
13. Company Profiles
13.1 AB Volvo
13.1. 1 Key Facts
13.1. 2 Business Description
13.1. 3 Products and Services
13.1. 4 Financial Overview
13.1. 5 SWOT Analysis
13.1. 6 Key Developments
13.2 Caterpillar Inc
13.2. 1 Key Facts
13.2. 2 Business Description
13.2. 3 Products and Services
13.2. 4 Financial Overview
13.2. 5 SWOT Analysis
13.2. 6 Key Developments
13.3 Komatsu Ltd
13.3. 1 Key Facts
13.3. 2 Business Description
13.3. 3 Products and Services
13.3. 4 Financial Overview
13.3. 5 SWOT Analysis
13.3. 6 Key Developments
13.4 Hitachi Construction Machinery Co Ltd
13.4. 1 Key Facts
13.4. 2 Business Description
13.4. 3 Products and Services
13.4. 4 Financial Overview
13.4. 5 SWOT Analysis
13.4. 6 Key Developments
13.5 Liebherr-International AG
13.5. 1 Key Facts
13.5. 2 Business Description
13.5. 3 Products and Services
13.5. 4 Financial Overview
13.5. 5 SWOT Analysis
13.5. 6 Key Developments
13.6 Terex Corp
13.6. 1 Key Facts
13.6. 2 Business Description
13.6. 3 Products and Services
13.6. 4 Financial Overview
13.6. 5 SWOT Analysis
13.6. 6 Key Developments
13.7 Doosan Corp
13.7. 1 Key Facts
13.7. 2 Business Description
13.7. 3 Products and Services
13.7. 4 Financial Overview
13.7. 5 SWOT Analysis
13.7. 6 Key Developments
13.8 Deere & Co
13.8. 1 Key Facts
13.8. 2 Business Description
13.8. 3 Products and Services
13.8. 4 Financial Overview
13.8. 5 SWOT Analysis
13.8. 6 Key Developments
13.9 Sany Heavy Industry Co Ltd
13.9. 1 Key Facts
13.9. 2 Business Description
13.9. 3 Products and Services
13.9. 4 Financial Overview
13.9. 5 SWOT Analysis
13.9. 6 Key Developments
13.10 J C Bamford Excavators Ltd
13.10. 1 Key Facts
13.10. 2 Business Description
13.10. 3 Products and Services
13.10. 4 Financial Overview
13.10. 5 SWOT Analysis
13.10. 6 Key Developments
13.11 Hyundai Engineering & Construction Co Ltd
13.11. 1 Key Facts
13.11. 2 Business Description
13.11. 3 Products and Services
13.11. 4 Financial Overview
13.11. 5 SWOT Analysis
13.11. 6 Key Developments
14. Appendix
14.1 About Business Market Insights
14.2 List of Abbreviations
TABLE OF TABLES
Table 1. Singapore Heavy Construction Equipment Market Segmentation
Table 2. List of Vendors
Table 3. Singapore Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
Table 4. Singapore Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Singapore Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 6. Singapore Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 7. Singapore Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
Table 8. Singapore Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
Table 9. Singapore Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
Table 10. Singapore Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
Table 11. Singapore Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
Table 12. Singapore Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by End-use Industry
Table 13. List of Abbreviations
TABLE OF FIGURES
Figure 1. Impact Analysis of Drivers and Restraints
Figure 2. Singapore Heavy Construction Equipment Market Revenue, (US$ Million), 2021–2031
Figure 3. Heat Map Analysis by Key Players
Figure 4. Company Positioning and Concentration

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