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Global Construction Machinery Market 2019-2023

Global Construction Machinery Market 2019-2023

Global Construction Machinery Market: About this market

Technavio’s construction machinery market analysis considers sales from earthmoving machinery, material handling machinery, concrete and road construction machinery, and other machinery. Our analysis also considers the sales of construction machinery in APAC, Europe, MEA, North America, and South America. In 2018, the earthmoving machinery segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing investment in infrastructure industry to improve facilities in government and private sectors, and rapid growth in urbanization will play a significant role in the earthmoving machinery segment to maintain its market position. Also, our global construction machinery market report also looks at factors such as increased investments in infrastructure, expanding manufacturing facilities, and new product launches. However, growing secondhand machine market, shortage of skilled operators, and stringent regulations may hamper the growth of the construction machinery industry over the forecast period.

Global Construction Machinery Market: Overview

Increased investment in infrastructure

Increasing investments in infrastructure projects across the world has led to increasing demand for construction machinery. Government organizations are significantly investing in development of sports and infrastructure facilities. This demand for construction machinery will lead to the expansion of the global construction machinery market at a CAGR of over 6% during the forecast period.

Growing trend of skyscrapers and mixed-use developments

Significant growth in population and rapid urbanization has led to increasing demand of infrastructure such as multi-family home, condominiums, hospitals, hotels, and offices. Skyscrapers are tall buildings which can accommodate its floor space on small amount of ground space. These skyscraper projects are mixed-use developments which blends residential, commercial, cultural, institutional, or entertainment users. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global construction machinery market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global construction machinery market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction machinery manufacturers, that include AB Volvo, Caterpillar Inc., Deere & Co., Hitachi Construction Machinery Co. Ltd., Komatsu Ltd., and Liebherr-International Deutschland GmbH.

Also, the construction machinery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


Companies Mentioned

AB Volvo, Caterpillar Inc., Deere & Co., Hitachi Construction Machinery Co. Ltd., Komatsu Ltd., and Liebherr-International Deutschland GmbH.

  • Executive summary
  • Scope of the report
    • Preface
      • Table Key offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global construction market
      • Table Segments of global construction market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Earthmoving machinery - Market size and forecast 2018- 2023
      • Table Earthmoving machinery - Market size and forecast 2018-2023 ($ billions)
      • Table Earthmoving machinery - Year-over-year growth 2019-2023 (%)
    • Material handling machinery - Market size and forecast 2018-2023
      • Table Material handling machinery - Market size and forecast 2018-2023 ($ billions)
      • Table Material handling machinery - Year-over-year growth 2019-2023 (%)
    • Concrete and road construction machinery - Market size and forecast 2018-2023
      • Table Concrete and road construction machinery - Market size and forecast 2018-2023 ($ billions)
      • Table Concrete and road construction machinery - Year-over-year growth 2019-2023 (%)
    • Other machinery - Market size and forecast 2018-2023
      • Table Other machinery - Market size and forecast 2018-2023 ($ billions)
      • Table Other machinery - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increase in strategic acquisitions and partnerships
    • Growing trend of construction equipment rentals
      • Table Global equipment rental market in construction industry 2016-2021 ($ billions)
    • Growing trend of skyscrapers and mixed-use developments
      • Table Major skyscraper projects under construction worldwide
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AB Volvo
      • Table AB Volvo - Vendor overview
      • Table AB Volvo - Business segments
      • Table AB Volvo - Organizational developments
      • Table AB Volvo - Geographic focus
      • Table AB Volvo - Segment focus
      • Table AB Volvo - Key offerings
    • Caterpillar Inc.
      • Table Caterpillar Inc. - Vendor overview
      • Table Caterpillar Inc. - Business segments
      • Table Caterpillar Inc. - Organizational developments
      • Table Caterpillar Inc. - Geographic focus
      • Table Caterpillar Inc. - Segment focus
      • Table Caterpillar Inc. - Key offerings
    • Deere & Co.
      • Table Deere & Co. - Vendor overview
      • Table Deere & Co. - Business segments
      • Table Deere & Co. - Organizational developments
      • Table Deere & Co. - Geographic focus
      • Table Deere & Co. - Segment focus
      • Table Deere & Co. - Key offerings
    • Hitachi Construction Machinery Co. Ltd.
      • Table Hitachi Construction Machinery Co. Ltd. - Vendor overview
      • Table Hitachi Construction Machinery Co. Ltd. - Business segments
      • Table Hitachi Construction Machinery Co. Ltd. - Organizational developments
      • Table Hitachi Construction Machinery Co. Ltd. - Geographic focus
      • Table Hitachi Construction Machinery Co. Ltd. - Segment focus
      • Table Hitachi Construction Machinery Co. Ltd. - Key offerings
    • Komatsu Ltd.
      • Table Komatsu Ltd. - Vendor overview
      • Table Komatsu Ltd. - Business segments
      • Table Komatsu Ltd. - Organizational developments
      • Table Komatsu Ltd. - Geographic focus
      • Table Komatsu Ltd. - Segment focus
      • Table Komatsu Ltd. - Key offerings
    • Liebherr-International Deutschland GmbH
      • Table Liebherr-International Deutschland GmbH - Vendor overview
      • Table Liebherr-International Deutschland GmbH - Product segments
      • Table Liebherr-International Deutschland GmbH - Organizational developments
      • Table Liebherr-International Deutschland GmbH - Geographic focus
      • Table Liebherr-International Deutschland GmbH - Segment focus
      • Table Liebherr-International Deutschland GmbH - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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