The heavy construction equipment market size was valued at USD 171.30 Billion in 2020 and is projected to reach USD 272.1 Billion by 2028, growing at a CAGR of 6.3% from 2020 to 2028.
Heavy Construction Equipment Market Overview:
The heavy construction equipment market size was valued at USD 171.30 Billion in 2020 and is projected to reach USD 272.1 Billion by 2028, growing at a CAGR of 6.3% from 2020 to 2028. Heavy construction is accelerating the modern building industry due to geographic development in developing markets. Other factors are increasing urbanization and increased investment in the construction and manufacturing industry. The Global Heavy Construction Equipment Market report provides a holistic assessment of the market. The report offers a comprehensive analysis of the key segments, trends, drivers, restraints, competitive landscape, and factors that play a significant role in the market.
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Market segmentation :
By type, the global heavy construction equipment market has been segmented into earthmoving equipment, material handling equipment, heavy construction vehicles and others. The earthmoving equipment segment accounted for the largest market share in 2020 and is expected to register significant growth during the considered period. Earthmoving equipment includes excavators, bulldozers, graders and loaders, among others. The growth of the segment can be attributed to the growing number of major construction projects such as construction of railways, dams, canals, and commercial buildings, among others, across all geographies. The material handling equipment segment is expected to register substantial growth during the considered period. Material handling equipment is used for the movement, control, storage and protection of materials and goods throughout manufacturing, distribution, consumption and disposal. Heavy construction vehicles such as dumpers and tippers are mainly used to transport or lift bulk materials on construction sites. By application, the global heavy construction equipment market has been segmented into excavation & demolition, heavy lifting, material handling, tunneling, transportation & recycling, and waste management.
Overview of segments: The global heavy construction equipment market is segmented as follows:
Global Heavy Construction Equipment Market: Type Analysis
Earthwork
Material handling
Heavy construction vehicles
Others (pavers/asphalt pavers/compactors and road rollers)
Global Heavy Construction Equipment Market: Application Analysis
Excavation and demolition
Lifting heavy loads
dig a tunnel
Transportation
Recycling and waste management
Material handling
Global Heavy Construction Equipment Market: End User Industry Analysis
Construction and manufacturing
Public works and railway
oil and gas
Mining
Others (forestry and agriculture and military)
Global Heavy Construction Equipment Market: Regional Analysis
North America
United States
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
A selection of COMPANIES mentioned in this report include:
Caterpillar inc.
CNH Industrial AG
Deere & Company
Doosan Infracore Co Ltd.
Hitachi Construction Machinery Co.Ltd.
JC Bamford Excavators Ltd.
Komatsu Ltd.
Liebherr International AG
Volvo Group
XCMG Group
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Contents
1 INTRODUCTION OF THE GLOBAL HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET
1.1 Market Overview
1.2 Scope of the report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 VERIFIED MARKET RESEARCH METHODOLOGY
3.1 Data mining
3.2 Approval
3.3 Primary interviews
3.4 List of data sources
4 GLOBAL HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Constraints
4.2.3 Opportunities
4.3 Carrier Five Forces Model
4.4 Value chain analysis
…
8 COMPETITIVE LANDSCAPE OF THE GLOBAL HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET
8.1 Overview
8.2 Enterprise Market Ranking
8.3 Main development strategies
9 COMPANY PROFILES
9.1 Deere & Company
9.2 Hyundai Construction Equipment Co. Ltd.
9.3 SANY Group
9.4 Terex Company
9.5JCB
9.6 AB Volvo
9.7 CNH Industrial
9.9XCMG
9.10 Zoomlion Heavy Industry Science & Technology Co. Ltd.
10 Appendix
10.1 Related research
Carry on…
Related reports:
heavy construction equipment market – by Type, by Application, by End-Use Industry, and by Region – Global Industry Opportunity Analysis and Forecast – 2021-2028.
Multitasking Machine Tool Market – By Product Type, by Application and by Region – Global Industry Opportunity Analysis and Forecast – 2021-2028.
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