Press release
Construction Machinery Market – Industry Forecast with Key Player Anaysis Including Atlas Copco Construction & Mining, Caterpillar, CNH Industrial NV,Hitachi Construction Machinery Co. Ltd., JCB, John Deere & Co., Kobelco Construction Machinery Co. Ltd.
Global Construction Machinery Market Analysis
According to Verified Market Intelligence, The Global Construction Machinery Market was valued at USD 173.48 billion in 2017 and is projected to reach USD 312.80 billion by 2025, growing at a CAGR of 7.7% from 2018 to 2025.
What is Construction Machinery?
Construction Machinery comprises various tools and machines that are designed to perform construction work. It is classified on the basis of their function such as drilling, excavating, pile drilling, roofing and many more. Construction machinery involved in preparatory work helps in soil loosening, clearing out of trees, rocks, and area of undergrowth. The machinery involved in preparatory work includes construction machines attached to crawler tractor chassis such as brush cutters, rippers and stump pullers that are easily interchangeable depending on the work to be performed. The construction machinery market is boosted due to increasing demand for irrigation industry and rising number of various construction projects.
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Global Construction Machinery Market Outlook
Increase in the number of construction projects, expanding mining industry and advancement in equipped vehicles and emission control systems have been driving the growth of the global construction machinery market. On the other hand, strict emission regulations on construction machinery and high initial investment costs might hinder the overall growth at a global level.
Global Construction Machinery Market Competitive Landscape
The “Global Construction Machinery Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Atlas Copco Construction & Mining, Caterpillar, CNH Industrial NV, Doosan Infracore Ltd., Hitachi Construction Machinery Co. Ltd., JCB, John Deere & Co., Kobelco Construction Machinery Co. Ltd and Komatsu Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Construction Machinery Market Segmentation, by Drive Type
Hydraulic
Electric and Hybrid
Global Construction Machinery Market Segmentation, by Machinery Type
Telescopic Handling
Excavator
Loaders and Backhoe
Motor Grader
Others
Global Construction Machinery Market Geographic Scope
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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About Us
Verified Market Research’ has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our large database includes the latest Content from renowned authors and publications worldwide. We’ve recently developed a one of its own kind smart-system, which helps us determine the authenticity and reputation of the content and its author. This ‘smart-system’ ensures that we always include high – quality content in our database. We also provide customized Data and Reports according to the need of our client. We strive for excellence and perfection in all our work, and our in-house team is working 24/7 so that you get the Data, Reports, and Analytics you need to help make better decisions. We believe in Customer Satisfaction, and to achieve that we aim to understand the client’s need to provide ‘tailor-made’ services.
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