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

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.

Latin America Heavy Construction Equipment Market size was valued at $4,310 million in 2016, and is expected to reach $6,391 million by 2022, registering a CAGR of 6.8% from 2016 to 2022. Latin America heavy construction equipment, namely, excavators, loaders, dumpers, and compactors among others are used for heavy construction tasks such as lifting, mining, excavation, and demolition. These heavy equipment are used to move raw materials from one place to another.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/2316?utm_source=OPR

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.

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.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/2316?utm_source=OPR

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.

LIST OF FIGURES

FIGURE 1. LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET SEGMENTATION
FIGURE 2. LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET: EXECUTIVE SUMMARY
FIGURE 3. TOP IMPACTING FACTORS
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 6. HIGH BARGAINING POWER OF BUYERS
FIGURE 7. LOW THREAT OF SUBSTITUTION
FIGURE 8. LOW THREAT OF NEW ENTRANTS
FIGURE 9. HIGH COMPETITIVE RIVALRY
FIGURE 10. LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2016 & 2022 (%)
FIGURE 11. LATIN AMERICA EARTHMOVING EQUIPMENT MARKET, 2016 & 2022 (%)
FIGURE 12. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR EXCAVATORS, 2014-2022 ($MILLION)
FIGURE 13. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR LOADERS, 2014-2022 ($MILLION)
FIGURE 14. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR BACKHOE LOADERS, 2014-2022 ($MILLION)
FIGURE 15. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR MOTOR GRADERS, 2014-2022 ($MILLION)
FIGURE 16. LATIN AMERICA MATERIAL HANDLING EQUIPMENT MARKET, 2016 & 2022 (%)
FIGURE 17. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR CRANES, 2014-2022 ($MILLION)
FIGURE 18. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR TELESCOPIC HANDLERS, 2014-2022 ($MILLION)
FIGURE 19. LATIN AMERICA HEAVY CONSTRUCTION VEHICLES MARKET, 2016 & 2022 (%)
FIGURE 20. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR DUMPERS, 2014-2022 ($MILLION)
FIGURE 21. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR TIPPERS, 2014-2022 ($MILLION)
FIGURE 22. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR COMPACTORS, 2014-2022 ($MILLION)
FIGURE 23. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR PAVERS/ASPHALT FINISHERS, 2014-2022 ($MILLION)
FIGURE 24. LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2016 & 2022 (%)
FIGURE 25. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR EXCAVATION & DEMOLITION, 2014-2022 ($MILLION)
FIGURE 26. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR HEAVY LIFTING, 2014-2022 ($MILLION)
FIGURE 27. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR TUNNELING, 2014-2022 ($MILLION)
FIGURE 28. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR MATERIAL HANDLING, 2014-2022 ($MILLION)
FIGURE 29. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR RECYCLING & WASTE MANAGEMENT, 2014-2022 ($MILLION)
FIGURE 30. LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USER INDUSTRY, 2016 & 2022 (%)
FIGURE 31. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR INFRASTRUCTURE INDUSTRY, 2014-2022 ($MILLION)
FIGURE 32. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR CONSTRUCTION INDUSTRY, 2014-2022 ($MILLION)
FIGURE 33. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR MINING INDUSTRY, 2014-2022 ($MILLION)
FIGURE 34. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR OIL & GAS INDUSTRY, 2014-2022 ($MILLION)
FIGURE 35. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR MANUFACTURING INDUSTRY, 2014-2022 ($MILLION)
FIGURE 36. LATIN AMERICA HEAVY CONSTRUCTION MARKET FOR OTHER INDUSTRIES, 2014-2022 ($MILLION)
FIGURE 37. LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2016 & 2022 (%)
FIGURE 38. BRAZIL HEAVY CONSTRUCTION EQUIPMENT MARKET, 2014-2022 ($MILLION)
FIGURE 39. ARGENTINA HEAVY CONSTRUCTION EQUIPMENT MARKET, 2014-2022 ($MILLION)
FIGURE 40. COLOMBIA HEAVY CONSTRUCTION EQUIPMENT MARKET, 2014-2022 ($MILLION)
FIGURE 41. CHILE HEAVY CONSTRUCTION EQUIPMENT MARKET, 2014-2022 ($MILLION)
FIGURE 42. PERU HEAVY CONSTRUCTION EQUIPMENT MARKET, 2014-2022 ($MILLION)
FIGURE 43. REST OF LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, 2014-2022 ($MILLION)

Access Full Summery @ https://www.alliedmarketresearch.com/latin-america-heavy-construction-equipment-market?utm_source=OPR

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:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.