Latest Report on GCC Construction Machinery Market 2018 – 203: Top Key Players – Hitachi, CNH Industrial, Caterpillar, BEML, Liebherr, Mitsubishi, JCB

Marketprognosis.com Publish a New Market Research Report On “GCC Construction Machinery Market - Segmented by Machinery Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Construction Machinery Market:

The report spread across 110 pages is an overview of the GCC Construction Machinery Market - Segmented by Machinery Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023). These report study based on the Construction Machinery Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

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The GCC region has an overall strong demand for heavy machinery with an estimated USD 128 Billion worth of projects to be completed annually between 2016 and 2019. This shows a significant pipeline even after years of substantial infrastructure spending. Exports of heavy machinery from ASEAN to the GCC region has grown significantly at a CAGR of 12.7%, which is supported by the factors such as heavy investment in the construction projects in the GCC region. Few examples of high growth opportunities in the GCC region are Saudi Arabia, Bahrain and the UAE, among others of which Saudi Arabia is currently is the second largest destination for exports of heavy machinery from ASEAN countries and has been growing at the fastest rate with a CAGR of 25.1%.

Among the GCC countries, Saudi Arabia is the fastest growing destination for exports of heavy machinery from ASEAN, with a 3-year CAGR of 25.1%. Saudi Arabia has led the transformation in the GCC construction market with the development of the six economic cities. It currently has a pipeline of megaprojects, such as the KACARE Renewable Energy Program (worth USD 150 billion alone) with more than 80% of the investment flowing through these multi-billion-dollar projects, creating demand for heavy machinery.

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The market study on GCC construction machinery market is segmented into cranes, excavators, loaders, backhoe, motor graders, and others based on machinery type; concrete and road construction, earth moving and material handling based on end-user industry. This study covers all the major countries of GCC, which includes Saudi Arabia, UAE, Bahrain, and Others (Kuwait, Oman, and Qatar).

Major Key Players:

1 Kobelco Construction Machinery

2 Hitachi Construction Machinery

3 Sumitomo Construction Machinery

4 CNH Industrial

5 Caterpillar

6 BEML

7 Liebherr

8 Mitsubishi

9 JCB

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Construction Machinery Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Market Insights

4 Market Dynamics

5 Market Segmentation and Analysis (Market Size, Growth, and Forecast)

6 Regional Market Analysis (Market Size, Growth, and Forecast)

7 Future of the Market

8 Competitive Landscape

9 Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)

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This release was published on openPR.