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Global Construction Equipment Market 2016-2020

Global Construction Equipment Market 2016-2020

About Construction Equipment

Construction equipment is used to perform multiple tasks on the construction site such as hoisting, excavating, hauling, paving, grading, and drilling. Construction equipment has many uses in the building and realty sector. This type of equipment includes excavators, loaders, construction tractors, graders, rollers, scrapers, conveyors, cranes, compactors, and pavers.

Technavio’s analysts forecast the global construction equipment market to grow at a CAGR of 11.55% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global construction equipment market for 2016-2020. To calculate the market size, we have considered the revenue generated by the sale of construction equipment worldwide. Also, as part of the scope for the report, we have considered the end use of construction equipment in the infrastructure and residential construction sectors only. Based on geography, the report is segmented as follows:

  • Americas
  • APAC
  • Europe, the Middle East, and Africa (EMEA)
Technavio's report, Global Construction Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Caterpillar
  • Deere
  • Komatsu
  • Terex
  • Volvo
Other prominent vendors
  • CNH Industrial
  • Doosan Infracore
  • Manitou Americas
  • Guangxi Liugong Machinery
  • Hidromek
  • JCB
  • Guangxi Liugong Machinery
  • Lonking Holdings
  • Sany Heavy Industry
  • Shantui Construction Machinery
  • Sumitomo Heavy Industries
  • XCMG
  • Xiamen XGMA Machinery
Market driver
  • Growth in high-rise building construction
  • For a full, detailed list, view our report
Market challenge
  • Ability to meet changing customer demands and expectations
  • For a full, detailed list, view our report
Market trend
  • Increased demand for energy-efficient construction equipment
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Construction Equipment Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Construction Equipment Market: Caterpillar, Deere, Komatsu, Terex and Volvo

Other Prominent Vendors in the market are: CNH Industrial, Doosan Infracore, Manitou Americas, Guangxi Liugong Machinery, Hidromek, JCB, Guangxi Liugong Machinery, Lonking Holdings, Sany Heavy Industry, Shantui Construction Machinery, Sumitomo Heavy Industries, XCMG, and Xiamen XGMA Machinery.

Commenting on the report, an analyst from Technavio’s team said: “The construction equipment industry is capital-intensive. Since small construction firms find it difficult to afford construction equipment due to their high prices, vendors also provide equipment for rent. This is expected to lead to increased adoption of construction equipment during the forecast period.”

According to the report, rapid urbanization results in the development of infrastructure such as highways, railroads, and ports. This, in turn, leads to a rise in the demand for construction equipment. Increased investment in real estate development worldwide because of low interest rates and economic recovery is fueling market growth.

Further, the report states that adherence to industry regulations is a major challenge faced by the market.

Companies Mentioned

Caterpillar, Deere, Komatsu, Terex, Volvo, CNH Industrial, Doosan Infracore, Manitou Americas, Guangxi Liugong Machinery, Hidromek, JCB, Guangxi Liugong Machinery, Lonking Holdings, Sany Heavy Industry, Shantui Construction Machinery, Sumitomo Heavy Industries, XCMG, Xiamen XGMA Machinery.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Classification of construction equipment
    • Market size and forecast
      • Table Global construction equipment market 2016-2020 ($ billions)
      • Table Investments in airport construction by region 2015
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Segmentation of global construction equipment market by type 2015-2020
    • Global earthmoving equipment market
      • Table Global earthmoving equipment market 2015-2020 ($ billions)
      • Table Major construction projects by region
    • Global material handling equipment market
      • Table Global material handling equipment market 2015-2020 ($ billions)
    • Global concrete and road construction equipment market
      • Table Global concrete and road construction equipment market 2015-2020 ($ billions)
  • Market segmentation by end-user
    • Market overview
  • Geographical segmentation
    • Segmentation of global construction equipment market by geography
    • Global construction equipment market by geography 2015
      • Table Geographical segmentation of global construction equipment
      • Table Segmentation of global construction equipment market by geography 2015-2020
    • Construction equipment market in APAC
      • Table Construction equipment market in APAC 2015-2020 ($ billions)
    • Construction equipment market in EMEA
      • Table Construction equipment market in EMEA 2015-2020 ($ billions)
    • Construction equipment market in Americas
      • Table Construction equipment market in Americas 2015-2020 ($ billions)
      • Table Investment in Americas by country
  • Market drivers
    • Table High-rise building projects (proposed and under construction)
    • Table Degree of urbanization by continent 2014
    • Table Smart city development plan by country
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Iron ore prices 2015 ($ per metric ton)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
  • Appendix
    • List of abbreviations
  • Explore Technavio

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