openPR Logo
Press release

Construction Equipment Market Revenue 2019 By Top Players - Volvo Construction Equipment, Liebherr Group, CNH Industrial, Caterpillar Inc., Terex Corporation, SANY Group.

Construction Equipment Market

Construction Equipment Market

Rapid urbanization is a key factor boosting the construction equipment market growth. In terms of residential construction, 2017 was a record year in France with 497,200 dwellings receiving authorization for the construction in 2017 and 418,900 commencing the construction. Several countries in Europe recovering from the financial crisis will provide growth opportunities for the construction equipment market growth. The government of UK is also implementing steps to support local players, who have the potential of expanding in the international markets.

Construction Equipment Market to cross $170 bn by 2024. The Construction Equipment Market size in Europe was over USD 30 billion in 2017 and is anticipated to grow owing to the increasing focus of several government organizations on the refurbishment of the existing infrastructures. The growing significance of smart connected cities will favor the industry growth in the region.

Request for a Sample copy of this Report @

Government organizations focusing on replacing the aging infrastructures with sturdy modernized structures will propel the construction equipment market growth. The construction sector is witnessing increasing investments from several government organizations for the country’s overall economic development.

For instance, the Russian government is focusing on the development of affordable housing for the low and middle-income groups. Through the Make in India initiative, the Indian government is also stressing on developing the country’s infrastructure. The growing telecom, energy domain, and the smart city initiatives for the realization of connected cities will boost the construction equipment market growth.

Construction Equipment Market, By Product

• Earthmoving & Road Building Equipment

• Backhoes
• Excavators
• Loaders
• Compaction Equipment
• Others

• Material Handling & Cranes

• Storage & Handling Equipment
• Engineered Systems
• Industrial Trucks
• Bulk Material Handling Equipment

• Concrete Equipment

• Concrete Pumps
• Crushers
• Transit Mixers
• Asphalt Pavers
• Batching Plants

Make an Inquiry for Purchasing this Report @

Earthmoving & road building machinery market is estimated to grow at around 4% CAGR from 2018 to 2024. The growth of the equipment that can be attributed to the increasing large-scale infrastructure projects across the globe. Rapid urbanization has contributed to the demand for sophisticated machines for residential & commercial projects. The rise in the urban population has put a tension on the existing services such as road networks and public transport. Furthermore, the advent of smart concrete materials will support the concrete equipment industry over the forecast timespan. Excavators are increasingly being used for below-ground operations and surface level operations, surging their demand for building & mining activities.

Rapid urbanization is a key factor boosting the construction equipment market growth. Large population shifting to urban areas for employment will spur the demand for advanced machinery that facilitates fast & efficient completion of high-rise buildings. The creation of smart cities that demand high precision in building activities will further support the industry growth. In addition, the lack of the availability of inexpensive labor to suffice the demand for increasing residential & commercial construction activities will boost the market growth.

Browse Report Summery @

Key players in the construction equipment market are Volvo Construction Equipment, Caterpillar, Inc., Komatsu Ltd., Sany Group, Zoomlion Heavy Industry Science & Technology Co., Ltd., Terex Corporation, Liebherr Group, Hitachi Construction Machinery Co., Ltd., XCMG Group, and CNH Industrial. The construction equipment market is slightly fragmented with few companies holding a dominating market share. The industry is characterized by new product launches with companies focusing on introducing new solutions with advanced features to enhance the offerings and expand their footprint. For instance, Topcon Positioning Group announced additional features to its asphalt paving system with new components that encompass anti-vibration slope sensor and a tracker. Furthermore, attractive growth opportunities in the sector coupled with the support of the government is facilitating the entry of new players in the construction equipment market.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Construction Equipment Market Revenue 2019 By Top Players - Volvo Construction Equipment, Liebherr Group, CNH Industrial, Caterpillar Inc., Terex Corporation, SANY Group. here

News-ID: 1600745 • Views: 368

More Releases from Global Market Insights, Inc.

Recycled elastomers market trends analysis, growth, Size, forecasts with top key …
As pr estimates that global recycled elastomers market size will be worth more than US$6 billion by 2025. The industry share is classified on the basis of raw material, application and region. The raw material segment is further segmented into natural rubber, chloroprene rubber, polyurethane rubber, propylene rubber, NBR, SBR, and others. Get sample copy of this research report @ The raw material segment in the recycled elastomers market is
Metallic Pigments Market Size, Growth Opportunity 2024 |Top Companies are BASF, …
As per the Global Market Insights, Global metallic pigments market size is projected to hit USD 2.3 billion in annual sales by 2024. Mentioned below are some of the integral factors expected to support developments in metallic pigments market share through 2024. Increasing awareness among people regarding the need to use sustainable, low carbon emission paints and coatings is a major factor supporting developments in metallic pigments market. Aluminum and copper
Pressure Sensitive Tapes and Labels Market Overview with Detailed Analysis, Comp …
The unprecedented growth pace of pressure sensitive tapes and labels market is rather evident from Distell’s recent move towards adoption of pressure sensitive labels, As per news sources, the South Africa based multinational brewing and beverages company- Distell, in April this year, announced partnering with MCC to furnish the re-launch of Esprit in the nation with a conversion from paper to pressure sensitive labels. Official sources claim that switch to
Cosmetic Contact Lenses Market Current Business Trends & Growth Opportunities 20 …
Having garnered a considerable remuneration potential over the recent years, cosmetic contact lenses market has registered its name in the billion dollar business across the overall polymers and advanced materials industry. Back in time, contact lenses were regarded as a way toward an enhanced quality of life without the need for glasses, and despite being regarded as a medical device, the product’s use has seen massive demand from the cosmetic

All 5 Releases

More Releases for Equipment

Personal Protective Equipment (PPE)
Personal Protective Equipment (PPE) Market research report examines adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, Personal Protective Equipment (PPE) industry ecosystem, and revenue chain analysis. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Personal Protective Equipment (PPE) market. The report is thoroughly segmented by product type, application, vertical, and region. The points that are discussed within
Global OTN Equipment Market
This report presents the worldwide OTN Equipment market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The optical transport networking (OTN) is an industry standard protocol that provides a
Welding Equipment Market 2024
Flourishing automobiles and construction industries are cropping up owing to rapid industrialization worldwide. With rapid development in various companies, various countries have increasingly adopted welding technology such as resistance welding, oxy-fuel welding, and laser welding. For various industries such as transport industry, fabric industry and automotive segment, welding is an imperative procedure. With the ever changing technology breaking traditional barriers, welding equipment Market market has further witnessed development for application in
Industrial Radiography Equipment Market
In this non-destructive technique the materials are exposed to X-rays or gamma radiations. These radiations help to inspect the defects as they become visible with the exposure. The need for material inspection has risen widely in the industries. Therefore product launches and technological advancements in the products are driving the growth of the market.   The Global Industrial Radiography Equipment Market valued at USD 497.23 million in 2017 and is expected
Dental Surgical Equipment Market
Regular consumption of tobacco and unhealthy foods are the major causes of dental diseases. Some of the major dental diseases are plaque, cavities and periodontal disease. Plaque is an excessive accumulation of the bacteria and germs that normally live in mouth. Cavities are holes where bacteria damages tooth's enamel. Periodontal disease is one of the major serious dental disorders that cause gum recession and damages soft and hard tissues. Some
Veterinary Grooming Equipment Market
The global veterinary grooming equipment market is segmented into product type such as blades, trimmers & clippers, shampoos & sprays, bathers & dryers, shears, tools and others. Among these segments, shampoos & sprays segment is expected to occupy the top position in global veterinary grooming equipment market. Further, wide product line of veterinary shampoo & sprayers such as herbal shampoo, organic shampoo, anti-flea shampoo and others is expected to