Construction equipment is used in the construction of residential and non-residential buildings such as roads, tunnels and bridges. Mining equipment is used for underground mining, drilling and mineral processing and surface mining. It is possible to reduce manpower and eliminate the need for explosion and explosion by using mining equipment.
Construction Equipment Market size exceeded USD 135 billion in 2019 and is estimated to grow at a CAGR of over 4% between 2020 and 2026.
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The key players operating in the market share include Volvo Construction Equipment, Komatsu Ltd., Caterpillar, Inc., Hitachi Construction Machinery, CNH Industrial, XCMG Group, Terex Corporation, Sany Group, Liebherr, and Kobelco Construction Machinery Co
By Product
- Earthmoving and Roadbuilding Equipment
- Backhoes
- Excavators
- Loaders
- Compaction equipment
- Others
Material Handling and Cranes
- Storage & handling equipment
- Engineered systems
- Industrial trucks
- Bulk material handling equipment
A full report of Global Construction Equipment Market is available at: https://www.orionmarketreports.com/construction-equipment-3-market/45697/
Scope of the Report
The research study analyzes the global Construction Equipment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Construction Equipment Market Report
1. What was the Construction Equipment Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2027).
2. What will be the CAGR of Construction Equipment Market during the forecast period (2019-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2027).
4. Which manufacturer/vendor/players in the Construction Equipment Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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