Press release
Global Earthmoving Equipment Market Outlook by 2022 Market Productions, Statistics- Bobcat Company, Atlas Copco, Bharat Earth Movers Limited
Market Segmentation:
• By Product; Loaders, Excavators, construction tractors
• By Application; Construction, Mining, digging
• By Region
Market Highlight:
An Earthmoving equipment is the heavy-duty vehicle designed specifically for execution of construction jobs, mostly related to the earthwork operation. Earth moving equipment is used majorly in construction industry for moving large amounts of earth or to dig foundations for large building structures and landscape areas. Operating earthmoving equipment requires technically skilled labor, trained for operating such equipment. Rapidly increasing urban population demanding for better infrastructure facilities is expected to positively impact the demand of earthmoving equipment market over the forecast period. Various government initiatives which are undertaken for development of infrastructure and the increasing investments in the construction industry are projected to drive consumption of the global earthmoving equipment market. Need for better connectivity and enhanced transport facilities are also anticipated to drive the industry over the forecast period. Increasing globalization is expected to create a favorable environment for foreign direct investment which is estimated to enhance the growth of the market in the forecast period.
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Key Players
The key players of Earthmoving equipment market are
• Bobcat Company (U.S.)
• Atlas Copco(Nacka)
• Bharat Earth Movers Limited (India)
• Ingersoll Rand Inc. (Republic of Ireland)
• Case Construction Equipment (Netherlands)
• New Holland Construction (Italy)
• Track Marshall. (U.K.)
• Hitachi Construction Machinery Co., Ltd. (Japan)
• The Liebherr Group (Bulle)
• Volvo Construction Equipment (Belgium)
Intended Audience
• Earthmoving equipment manufacturers
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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Study Objectives of Earthmoving equipment market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aseptic packaging market
• To provide insights about factors affecting the market growth
• To Analyse the Global Earthmoving equipment market based on various factors such as supply chain analysis, and Porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by product, by application and by region.
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aseptic packaging market.
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Regional Analysis of Earthmoving Equipment Market
Asia-Pacific is expected to dominate the global earthmoving equipment market followed by the Europe and North America region. In Asia-pacific region, China is expected to lead the market with the large number of construction activities in the region. The construction equipment market was hampered by the global recession, but the earthmoving equipment market is expected to show gradual growth in the forecast period. The earthmoving equipment market is expected to remain steady over the forecasted period as the market is near to maturity level. The North America region is forecasted to experience a sluggish growth due to economic uncertainty in the region.
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Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
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+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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