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Latin America Heavy Construction Equipment Market by Equipment (Earthmoving, Material Handling, Heavy Construction Vehicles, and Others), Application (Excavation & Demolition, Heavy Lifting, Tunneling, and Others), and End User (Infrastructure, Constructi

01-18-2019 08:28 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Latin America Heavy Construction Equipment Market

Latin America Heavy Construction Equipment Market

In countries such as Peru, Brazil and Columbia, the construction sector has recovered from slowdown due to increased consumer confidence and rise in infrastructural investment. For instance, the government of Brazil announced the completion of 34 infrastructure projects by 2018. The recovery of construction segment is expected to drive the market for heavy construction equipment.

According to a new report published by Allied Market Research, titled, Latin America Heavy Construction Equipment Market by Equipment, Application, and End User: Opportunity Analysis and Industry Forecast, 2014-2022", the Latin America heavy construction equipment market size was valued at $4,310 million in 2016, and is projected to reach $6,391 million by 2022, growing at a CAGR of 6.8% from 2016 to 2022. The construction segment accounted for the dominant share of total heavy construction equipment market in 2016.

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The heavy construction equipment comprises heavy-duty vehicles, which are specifically designed for use in various construction operations such as drilling, hauling, excavating, paving, and grading. The market players in the Latin America heavy construction equipment industry cater to various end-user industries including manufacturing, oil & gas, forestry, mining, construction, and infrastructure. Heavy construction equipment manufacturers focus on designing high-quality products that have high-performance and efficiency. The prominent players have introduced advanced heavy construction equipment, which adhere to the government norms and cater to the demand from these end users.

The key factors that drive the Latin America heavy construction equipment market include recovery of construction sector, surge in public-private partnerships, and rapid urbanization. However, the Latin America heavy construction equipment market growth is restrained by the increase in carbon footprint, shift in oil prices, and weaker economic conditions in countries such as Brazil and Argentina. The demand for heavy construction equipment has increased within the region, especially in Colombia and Chile, owing to rapid urbanization and heavy investment in infrastructure segment. In addition, prominent players, such as Caterpillar Inc. and Volvo AB, are inclined toward developing efficient earthmoving machines to reduce carbon emission and improve performance.

The Latin America heavy construction equipment market is segmented based on equipment type, application, end user, and country. In 2016, the earthmoving equipment segment dominated the Latin America heavy construction equipment market, with 48.5% share, followed by the material handling equipment segment. This is attributed to the plummeting operational costs with the advent of smart and intelligent excavators. In addition, the market is driven by proactive initiatives by the government to develop industrial and commercial sectors.

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In 2016, excavation & demolition application dominated the market, and is expected to grow at a CAGR of 6.5%. Excavators, cranes, and dozers are major equipment used for excavation & demolition activities. The heavy lifting application is expected to grow at the highest CAGR of 7.4% from 2016 to 2022.

Construction industry is the major end-user industry for heavy construction equipment in Latin America, accounting for 34% in 2016. Equipment such as excavators, loaders, motor graders, backhoe, cranes, dumpers, and tippers are utilized for large-scale construction activities. Manufacturers are continuously designing advanced products with advanced technology and increased performance. The manufacturing segment is expected to grow at the highest CAGR of 8.4% to reach $671 million by 2022.

The key companies profiled in the report include AB Volvo, Caterpillar Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd, Doosan Infracore, Leibherr Group, CNH Industrial N.V., Terex Corporation, J.C. Bamford Excavators Limited (JCB), and Atlas Copco.

Key Benefits

• This report provides an in-depth analysis of the Latin America heavy construction equipment market to identify the potential investment pockets.
• It outlines the current trends and future scenarios to determine the overall market potential and gain a stronger market foothold.
• Key drivers, restraints, and opportunities and their detailed impact analysis are elucidated.
• Quantitative analysis of the market from 2014 to 2022 is highlighted to recognize the financial competency of the market.
• Porters Five Forces model illustrates the threat of new entrants and substitutes and strength of the buyers and suppliers.

Table of Content:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Bargaining powers of suppliers
3.3.2. Bargaining powers of buyers
3.3.3. Threat of substitution
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Recovery of construction sector
3.4.1.2. Surge in public-private partnerships
3.4.1.3. Rapid urbanization

3.4.2. Restraints

3.4.2.1. Increase in carbon footprint
3.4.2.2. Fluctuating oil prices
3.4.2.3. Weak economic conditions

3.4.3. Opportunities

3.4.3.1. Development of low emission, fuel-efficient equipment

Chapter: 4 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. EARTHMOVING EQUIPMENT

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.2.3.1. Excavators
4.2.3.2. Loaders
4.2.3.3. Backhoe loaders
4.2.3.4. Motor graders

4.3. MATERIAL HANDLING EQUIPMENT

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.3.3.1. Cranes
4.3.3.2. Telescopic handlers

4.4. HEAVY CONSTRUCTION VEHICLES

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.4.3.1. Dumpers
4.4.3.2. Tippers

4.5. OTHERS

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

4.5.3.1. Compactors
4.5.3.2. Pavers/Asphalt finishers

Chapter: 5 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. EXCAVATION & DEMOLITION

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. HEAVY LIFTING

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. TUNNELING

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

5.5. MATERIAL HANDLING

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast

5.6. RECYCLING & WASTE MANAGEMENT

5.6.1. Key market trends
5.6.2. Key growth factors and opportunities
5.6.3. Market size and forecast

Chapter: 6 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USER INDUSTRY

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. INFRASTRUCTURE

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. CONSTRUCTION

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.4. MINING

6.4.1. Key trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.5. OIL & GAS

6.5.1. Key trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.6. MANUFACTURING

6.6.1. Key trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast

6.7. OTHERS (FORESTRY & AGRICULTURE)

6.7.1. Key trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size and forecast

Chapter: 7 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY

7.1. INTRODUCTION

7.1.1. Market size and forecast

7.2. BRAZIL

7.2.1. Market size and forecast

7.3. ARGENTINA

7.3.1. Market size and forecast

7.4. COLOMBIA

7.4.1. Market size and forecast

7.5. CHILE

7.5.1. Market size and forecast

7.6. PERU

7.6.1. Market size and forecast

7.7. REST OF LATIN AMERICA

7.7.1. Market size and forecast

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
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#205, Portland, OR 97220
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Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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