The Global Construction Equipment Market is projected to grow from USD 208.3 billion in 2021 to USD 279.53 billion by 2030 at a CAGR of 3.8% during the forecast period. The demand for construction equipment is expected to rise due to rise in construction activities around the globe. Over the forecast period, government program that encourage individuals to buy new homes, such as lower mortgage and stimulus packages rates, are projected to support market expansion.
The latest market research report for the forecast period 2022-2030 of the global Construction Equipment market emphasizes on recent developments and includes an in-depth analysis at the global landscape of the Construction Equipment market. It also focuses on the global Construction Equipment market demand and supply trends, major contributions from leading organizations, Construction Equipment market share, and the total economic outlook of the Construction Equipment market.
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This research report relies heavily on secondary research to obtain information on the global Construction Equipment market. Primary research has also been carried out to support the provided assumptions and findings for specific sectors. The research report on the Construction Equipment market report contains valuable information on the topological landscape of the industries and the organizations that have risen to the top of their respective fields.
We've also included the outcome of the analysis of the market revenue share, production, consumption volume, sales price, import/export, and gross margin of the leading manufacturers. Additionally, upstream raw materials, downstream consumers, definitions, and equipment analyses are used to classify the Construction Equipment market into segments. The global Construction Equipment market research also contains data on recent developments, the competitive landscape, Construction Equipment market influencing factors, and major industry statistics.
To improve various industrial strategies, advertising methods, and global and regional sale figures impacting the Construction Equipment market, the global Construction Equipment market research report has been separated by usage, important manufacturers, product types, and topological zones. Several other significant components of the Construction Equipment market are carefully examined, including the global demand and supply components, Construction Equipment market share, investments, and revenue growth. The Construction Equipment market's production value and growth rate across numerous regions are also reviewed in the market research report. It also analyzes the top customers, market share, consumption, product capacity, and long – term growth prospects.
Top Players involved in this report are:
· AB Volvo (Gothenburg, Sweden)
· Caterpillar Inc. (Illinois, U.S.)
· Komatsu Ltd. (Tokyo, Japan)
· Doosan Infracore North America LLC (Suwanee, Georgia)
· Hitachi Construction Machinery Co., Ltd. (Tokyo, Japan)
· J C Bamford Excavators Ltd. (Rocester, U.K.)
· Liebherr Group (Bulle, Switzerland)
· CNH Industrial N.V. (London, U.K.)
· Hyundai Construction Equipment Co., Ltd. (Seoul, South Korea)
· SANY Group (Beijing, China)
· Xuzhou Construction Machinery Group (XCMG) (China)
· ZOOMLION Heavy Industry Science & Technology Co., Ltd. (China)
· Deere & Company
Global Construction Equipment Market segmentation by Types:
Hydraulic
Electric
Hybrid
The Application of the Construction Equipment market can be divided as:
Residential
Commercial
Industrial
Geographical outlook of this report:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
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The competitive assessment of the prominent industry players is also encompassed in the global Construction Equipment market which is responsible to recognize direct or indirect competitors present in the industry. It offers company profiles of the Construction Equipment industry players in accordance with product picture and its portfolios, Construction Equipment market plans, and technology. We have also mentioned strength and weaknesses of the Construction Equipment market alongside the competitive benefits which improves productivity and efficiency of the companies.
