The global construction equipment market is projected to grow at a modest CAGR of 4.0% during the forecast period (2023-2029). Construction Equipment Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms to have constant observation of latest market trends which keep on changing. Constants shifts in the trends and key advancements are observed in the market through this Construction Equipment Market report and inform key firms about them. By knowing this, business owners can take effective actions before actually developing any product or service. It also aims at offering thorough knowledge regarding competitors to assist them in taking strategic decision making.
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The global construction equipment market is segmented on the basis of machinery type and industry. Based on the machinery type, the market is segmented as earth moving equipment, material handling equipment, and other construction equipment. The earth-moving equipment segment includes cranes, loader & backhoe, telescopic handlers, excavators, motor graders, and others (trencher). The material handling equipment segment includes hoists, conveyors, forklifts, and others (industrial trucks). The other construction equipment includes concrete mixers, road rollers, stone crushers, dumpers, tippers & trailers, and others (slurry seal machines). Based on the industry, the market is segmented as construction & infrastructure, manufacturing, mining, and others (oil & gas).
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Construction Equipment Market – Segmentation
By Machinery Type
- Earth Moving Equipment
o Cranes
o Loader & Backhoe
o Telescopic Handlers
o Excavators
o Motor Graders
o Others (Trencher)
- Material Handling Equipment
o Hoists
o Conveyors
o Forklifts
o Others (Industrial Trucks)
- Other Construction Equipment
o Concrete Mixers
o Road Rollers
o Stone Crushers
o Dumpers
o Tippers & Trailers
o Others (Slurry Seal Machines)
By Industry
- Construction & Infrastructure
- Manufacturing
- Mining
- Others (Oil & Gas)
Global Construction Equipment Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global construction equipment market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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