Earthmoving Equipment Market to 2025- Caterpillar, Komatsu, AB Volvo, Hitachi Construction Machinery, Liebherr Group, Doosan Infracore, Terex Corporation, Deere & Company, SANY Group, and XCMG Group.

An off-the-shelf report on Earthmoving Equipment Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2025.

Heavy equipment primarily designed to carry construction activities mostly involving earthwork operations are known as earthmoving equipment. These equipment are used to transport or move large amount of construction materials or landscape areas. Some of the major application areas includes construction activity, mining, digging, and irrigation systems. Based on the type of operation, these equipment are divided across several major categories namely material handler, loader, scraper, grader, excavator, compactors, paving equipment, and others. In comparison to other light machines, these vehicles are designed with mechanical advantage to increase the applied force and uses hydraulic systems as a primary source of power.

The key players influencing the market are:

1. Caterpillar
2. Komatsu Ltd.
3. AB Volvo
4. Hitachi Construction Machinery Co., Ltd.
5. Liebherr Group
6. Doosan Infracore
7. Terex Corporation
8. Deere & Company
9. XCMG Group
10. SANY GROUP

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Increasing investment in rural and urban infrastructures such as building of malls, development in airport infrastructure, construction of residential areas and irrigation systems will drive the growth of the market. Asia Pacific is expected to represent fastest growing region in global earthmoving equipment market primarily due to presence of growing economies like India and China. Rapid infrastructural development across residential, commercial, and industrial sector in these regions is expected to contribute to the high growth rate in the region. However, with ban on mining activities across several regions, financers are reluctant to fund the equipment. This may inhibit the growth of the market. To mitigate this, companies are launching products low on initial investments targeting entry level customers in order to ensure better and large customer base in the future.

Earthmoving Equipment Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Earthmoving Equipment Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2017 – 2025, considering 2017 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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