Press release
Global Construction Machinery Market Will Hit At CAGR Of 8.07% During Years 2018-2022
The global construction machinery market presents the market analysis of various machineries that are widely used in construction and mining industries worldwide. The global construction machinery market includes: Wheeled loaders, Crawler excavators, Skid-steer loaders, Backhoe loaders, Cranes, Conveyor systems, Hoist, Forklift, and Grader.
Technavios analysts forecast the global construction machinery market to grow at a CAGR of 8.07% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the global construction machinery market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Construction Machinery Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
AB Volvo
Caterpillar
Doosan Infracore
Hitachi Construction Machinery
J C Bamford Excavators
Komatsu
Terex
Other prominent vendors
CNH Industrial
Liugong Machinery
HIDROMEK
Lonking Machinery
Manitou
SANY GROUP
Shantui Construction Machinery
Sumitomo Heavy Industries
Market driver
Growth in government spending toward infrastructure
For a full, detailed list, view our report
Market trend
Growing trend of skyscrapers and mixed-use developments
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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