Construction equipment

Construction Equipment Market Report 2021-26: Industry Share, Size, Growth, Trends and Forecast

SHERIDAN, WY, USA, December 6, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Construction Equipment Market Size: Global Industry Trends, Share, Growth, Opportunities, and Forecast 2021-2026 ‘, the global construction equipment market has shown moderate growth during the period 2015-2020 and expects the market to grow at a CAGR of around 6% during the period 2021-2026

Construction equipment includes various heavy machinery which are generally used for many construction tasks. It includes several types of machines including pumps, bulldozers, trenchers, excavators, cranes, loaders and trenchers, which are mainly designed for material placement, transportation, lifting, leveling, transport and leveling. Therefore, they are essential for carrying out complex tasks during the construction process and improving the quality of work while ensuring the completion of projects on time.

Report metric

History: 2015-2020

Baseline year: 2020

Forecast year: 2021-2026

As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.

Global Construction Equipment Market Trends:

The global market is mainly driven by the significant growth of the construction sector. At the same time, the increasing investments of public and private companies in infrastructure development projects are creating positive prospects for the market. Moreover, the continuous technological advancements in the industry are positively influencing the market growth across the globe. For example, the widespread adoption of robots, drones and software solutions for modular construction is driving the growth of the market. Other factors contributing to the growth of the market include the growing preference for automation in the construction industry and the extensive research and development (R&D) activities carried out by major players to introduce fuel efficient construction equipment. .

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Global Construction Equipment Market Analysis and Segmentation 2021-2026:

Competitive landscape:

The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.

AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Company, Doosan Infracore, Hitachi Construction Machinery, Komatsu Ltd. and Liebherr-International AG.

The report has segmented the market on the basis of region, type of solution, type of equipment, type, application, and industry.

Breakdown by type of solution:

Some products
Services

Breakdown by type of equipment:

Heavy construction equipment
Compact construction equipment

Breakdown by type:

Charger
Cranes
Forklift
Shovel
Bulldozers
Others

Breakdown by application:

Excavation and mining
Lifting and handling
Earthworks
Transport
Others

Breakdown by sector:

Oil and gas
Construction and infrastructure
Manufacturing
Mining
Others

Breakdown by region:

North America: (United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, others)
Middle East and Africa

Ask the analyst for customization and explore the full report with table of contents and list of figures: https://bit.ly/3GfKqsy

If you want the latest primary and secondary data (2021-2026) with cost module, business strategy, distribution channel etc. Click on request a free sample report, the published report will be emailed to you in PDF format within 24 to 48 hours of receipt of payment in full.

Highlights of the report:

Market performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market drivers and success factors
SWOT analysis
Value chain
Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

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About Us:

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.

Elena Anderson
IMARC Services Private Limited
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