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Construction Equipment Market Size, Share, and Analysis, By Equipment Type (Earthmoving Equipment, Material Handling Equipment & Cranes, Concrete Equipment, Road Building Equipment, Civil Engineering Equipment, Crushing and Screening Equipment, and Others

Publisher Fatpos Global
Published Jan 01, 2024
Length 357 Pages
SKU # FAGL18641271

Description

Construction Equipment Market Size, Share, and Analysis, By Equipment Type (Earthmoving Equipment, Material Handling Equipment & Cranes, Concrete Equipment, Road Building Equipment, Civil Engineering Equipment, Crushing and Screening Equipment, and Others), By Propulsion (ICE, Electric, CNG/LNG), By Application (Residential, Commercial, and Industrial), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Construction Equipment Market Size, Share, and Analysis, By Equipment Type (Earthmoving Equipment, Material Handling Equipment & Cranes, Concrete Equipment, Road Building Equipment, Civil Engineering Equipment, Crushing and Screening Equipment, and Others), By Propulsion (ICE, Electric, CNG/LNG), By Application (Residential, Commercial, and Industrial), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Construction Equipment Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 184.4 billion and is projected to reach USD 366 billion by the completion of 2034.

Construction equipment includes a variety of machinery and tools used in infrastructure construction and development. These specialized machines are used to perform various tasks such as excavation, lifting, and material transportation. For instance, the market for construction equipment includes machines that are crucial to the construction industry, such as dump trucks, cranes, loaders, and bulldozers. Furthermore, specialized tools like cement mixers, jackhammers, and aerial work platforms are necessary in various phases of the construction process. Moreover, recent developments in technology, such as automated and GPS-guided systems, have enhanced precision and operational efficiency considerably. Therefore, construction equipment plays an essential part in simplifying projects, ensuring the safety of workers, and optimizing resource allocation across various sectors.

MARKET HIGHLIGHTS

Construction Equipment Market is projected to achieve USD 366 billion during the forecast period, owing to various factors such as increased urbanization, infrastructure development, and technological advancements. The need for construction equipment and tools is escalating due to growing urbanization, which is driving rapid infrastructure development, particularly in emerging economies. Furthermore, technological advancements that improve equipment performance, safety, and maintenance, such as IoT integration and telematics, are transforming the construction equipment industry. This technological revolution is pushed by the need for efficient machinery along with a growing consciousness of sustainability. Moreover, the construction sector is exhibiting its commitment to ecological responsibility by transitioning to greener solutions, like electric and hybrid machinery. Therefore, this collective momentum highlights a shifting market landscape that values global innovation, efficiency, and environmentally friendly practices.

Construction Equipment Market Segments:
  • By Equipment Type
  • Earthmoving Equipment
  • Material Handling Equipment & Cranes
  • Concrete Equipment
  • Road Building Equipment
  • Civil Engineering Equipment
  • Crushing and Screening Equipment
  • Others
  • By Propulsion
  • ICE
  • Electric
  • CNG/LNG
  • By Application
  • Residential
  • Commercial
  • Industrial
MARKET DYNAMICS

Growth Drivers

Infrastructural Developments will Drive Market Expansion

Advances in Technology will Offer Market Growth Prospects

Restraint

High Ownership Costs and Initial Investments Could Prevent Market Expansion

Key Players
  • Caterpillar Inc.
  • Komatsu Ltd.
  • Volvo Construction Equipment
  • Hitachi Construction Machinery Co., Ltd.
  • Liebherr Group
  • JCB (JC Bamford Excavators Ltd)
  • CNH Industrial
  • Terex Corporation
  • SANY Group
  • Doosan Infracore
  • Hyundai Construction Equipment
  • Kubota Corporation
  • Wacker Neuson SE
  • XCMG Group
  • Deere & Company
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*

Table of Contents

357 Pages
1 Executive Summary
1.1. Regional Market Share
1.2 Business Trends
1.3. Construction Equipment Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1 Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4 Primary Research
2.5 Secondary Research
2.5.1 Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1 Market Definition
3.2 Construction Equipment Market: COVID-19 Impact
3.3. Key Segmentations
3.4 Key Developments
3.5 Allied Industry Data
4 Construction Equipment Market – Industry Insights
4.1. Industry Segmentation
4.2 COVID-19 overview on world economy
4.3 Industry ecosystem Channel analysis
4.4 Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1 Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4 Market Restraints
7.5. Market Trends
8 Risk Analysis
9. Market Analysis
9.1 Porters Five Forces
9.2. PEST Analysis
9.2.1 Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Construction Equipment Market
10.1 Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Construction Equipment Market Size & Forecast 2024 A-2034 F
11.1. Overview
11.2 Key Findings
11.3 Market Segmentation
11.3.1 By Equipment Type
11.3.1.1. Earthmoving Equipment
11.3.1.1.1 By Value (USD Million) 2024-2034 F
11.3.1.1.2. Market Share (%) 2024-2034 F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034 F
11.3.1.2 Material Handling Equipment and Cranes
11.3.1.2.1. By Value (USD Million) 2024-2034 F
11.3.1.2.2 Market Share (%) 2024-2034 F
11.3.1.2.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.3 Concrete Equipment
11.3.1.3.1. By Value (USD Million) 2024-2034 F
11.3.1.3.2 Market Share (%) 2024-2034 F
11.3.1.3.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.4 Road Building Equipment
11.3.1.4.1. By Value (USD Million) 2024-2034 F
11.3.1.4.2 Market Share (%) 2024-2034 F
11.3.1.4.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.5 Civil Engineering Equipment
11.3.1.5.1. By Value (USD Million) 2024-2034 F
11.3.1.5.2 Market Share (%) 2024-2034 F
11.3.1.5.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.6 Crushing and Screening Equipment
11.3.1.6.1. By Value (USD Million) 2024-2034 F
11.3.1.6.2 Market Share (%) 2024-2034 F
11.3.1.6.3 Y-o-Y Growth (%) 2024-2034 F
11.3.1.7 Others
11.3.1.7.1. By Value (USD Million) 2024-2034 F
11.3.1.7.2 Market Share (%) 2024-2034 F
11.3.1.7.3 Y-o-Y Growth (%) 2024-2034 F
11.3.2. By Propulsion
11.3.2.1 ICE
11.3.2.1.1. By Value (USD Million) 2024-2034 F
11.3.2.1.2 Market Share (%) 2024-2034 F
11.3.2.1.3 Y-o-Y Growth (%) 2024-2034 F
11.3.2.2. Electric
11.3.2.2.1 By Value (USD Million) 2024-2034 F
11.3.2.2.2. Market Share (%) 2024-2034 F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034 F
11.3.2.3. CNG/LNG
11.3.2.3.1 By Value (USD Million) 2024-2034 F
11.3.2.3.2. Market Share (%) 2024-2034 F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034 F
11.3.3 By Application
11.3.3.1 Residential
11.3.3.1.1. By Value (USD Million) 2024-2034 F
11.3.3.1.2 Market Share (%) 2024-2034 F
11.3.3.1.3 Y-o-Y Growth (%) 2024-2034 F
11.3.3.2. Commercial
11.3.3.2.1 By Value (USD Million) 2024-2034 F
11.3.3.2.2. Market Share (%) 2024-2034 F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034 F
11.3.3.3. Industrial
11.3.3.3.1 By Value (USD Million) 2024-2034 F
11.3.3.3.2. Market Share (%) 2024-2034 F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034 F
12 North America Construction Equipment Market Size & Forecast 2024 A-2034 F
12.1 Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1 By Equipment Type
12.3.2. By Propulsion
12.3.3. By Application
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Construction Equipment Market Size & Forecast 2024 A-2034 F
13.1 Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1 By Equipment Type
13.3.2. By Propulsion
13.3.3. By Application
13.4 Country
13.4.1 Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia-Pacific Construction Equipment Market Size & Forecast 2024 A-2034 F
14.1. Overview
14.2. Key Findings
14.3 Market Segmentation
14.3.1 By Equipment Type
14.3.2. By Propulsion
14.3.3. By Application
14.4. Country
14.4.1 India
14.4.2. China
14.4.3. South Korea
14.4.4 Japan
14.4.5 Rest of APAC
15 Middle East and Africa Construction Equipment Market Size & Forecast 2024 A-2034 F
15.1 Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1 By Equipment Type
15.3.2. By Propulsion
15.3.3. By Application
15.4 Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4 South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Construction Equipment Market Size & Forecast 2024 A-2034 F
16.1 Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1 By Equipment Type
16.3.2. By Propulsion
16.3.3. By Application
16.4 Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1 Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Caterpillar Inc.
18.1.1 Company Overview
18.1.2 Financial Overview
18.1.3 Key Product; Analysis
18.1.4 Company Assessment
18.1.4.1 Product Portfolio
18.1.4.2 Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Komatsu Ltd.
18.3. Volvo Construction Equipment
18.4. Hitachi Construction Machinery Co., Ltd.
18.5. Liebherr Group
18.6. JCB (JC Bamford Excavators Ltd)
18.7. CNH Industrial
18.8. Terex Corporation
18.9. SANY Group
18.10. Doosan Infracore
18.11 Hyundai Construction Equipment
18.12. Kubota Corporation
18.13. Wacker Neuson SE
18.14. XCMG Group
18.15. Deere & Company
18.16. Other Prominent Players
19. Appendix
20 Consultant Recommendation

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