Construction equipment

The global heavy construction equipment market is expected to reach

Evolve business intelligence, today released a new market research report on the global heavy construction equipment market. According to the published report, “The global heavy construction equipment market size is expected to reach 235.70 billion by 2028, with a CAGR of 4.96% from 2021 to 2028”

For more information on the report:

The COVID-19 pandemic has caused a disruption in the supply chain, leading to either lower demand or supply shortages in the heavy construction equipment market. Travel restrictions and social distancing measures have led to a sharp drop in consumer and business spending and this trend is expected to continue for some time. The trend and end user preferences have changed due to the pandemic and have caused manufacturers, developers and service providers to adopt various strategies to stabilize the business.

In terms of the impact of COVID 19, the Heavy Construction Equipment Market report also includes the following data points:
• Impact of COVID19 on the size of the heavy construction equipment market
• Trend and preferences of end user / industry / application
• Government policies / regulatory framework
• Strategy of the main actors to fight against negative impact / post-COVID strategies
• Opportunity in the heavy construction equipment market

Competitive scenario
Some of the major heavy construction equipment players with high market share include AB Volvo, Caterpillar Inc., CNH, Deere & Company. These players use collaboration and expansion as a key strategy to gain significant market share in order to compete with market leaders.

Segment analysis
The heavy construction equipment market is analyzed into the various segments mentioned below:

• Type of equipment
o Earthworks
o Handling
o Heavy construction vehicles
o Others

• Final user
o Building
o Mining
o Oil and gas
o Manufacturing
o Others

• Application
o Excavation & Demolition
o Lifting heavy loads
o Tunneline
o Handling
o Recycling and waste management
o Others

Cover of the report
The study also contains a complete value chain, along with details of the key factors affecting the growth of the market (drivers, restraints, and opportunities). Furthermore, the report comprises 10 key players in the Heavy Construction Equipment market ecosystem that have been strategically profiled along with the rank / market share of the major players. In the Company Profile section, the core competencies of the company have been analyzed in detail along with the competitive landscape of market players and strategies such as partnerships and collaboration, acquisitions, launches and developments. of products, contracts and business expansion adopted by them. develop in the market.

The main players presented in the report are:
• AB Volvo
• Caterpillar Inc.
• Deere and company
• Doosan Infracoe
• Construction of Hitachi machines
• Komatsu
• Liebherr SA
• Sany

To request a free sample report:

Research methodology
This research study makes substantial use of secondary sources, archives and databases (such as annual reports, press releases, magazines, business card, corporate websites and other databases. paid data) to classify and collate information useful for this analysis. The whole process involves a review of the financial records of major industry participants. After determining the overall market size, the total market has been divided into several segments and sub-segments, and this information was then verified by key industry specialists such as CEOs, Directors, Vice- presidents and marketing managers.

Objectives of the report
• Define, describe and forecast the heavy construction equipment market, in terms of value, segmented on the basis of indication, type, technology and geography
• Forecast market size in 4 key regions: Asia-Pacific (APAC), North America, Europe and Rest of the World (RoW)
• To provide detailed insights into the drivers, restraints, and opportunities in the heavy construction equipment market.
• Provide insight into value chain analysis related to heavy construction equipment industry
• To strategically analyze each segment and sub-segment with respect to individual overall growth trends and their contribution to the overall heavy construction equipment market.
• To analyze market opportunities by identifying high growth segments of the heavy construction equipment market.
• To profile the major players in the heavy construction equipment market and thoroughly analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts and completed mergers and acquisitions in the global heavy construction equipment market

Develop business intelligence
C-218, 2nd floor, M-Cube
NH 48, Balitha, Vapi
Gujarat 396191
Contact: +1 773 644 5507 / +91 635 396 3987
Email: [email protected]

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting company providing innovative solutions to difficult business problems. Our market research reports contain data useful to micro, small, medium and large businesses. We offer solutions ranging from simple data collection to business consulting.
Evolve Business Intelligence is based on technological advancements providing highly accurate data through our in-house AI-modeled data analysis and forecasting tool – EvolveBI. This tool tracks real-time data, including quarterly performance, annual performance, and recent developments of the world’s 2,000 fortune companies.

This version was posted on openPR.

Source link