Construction Equipment Market Trend 2019-2026 By Top Key Players are Volvo Construction Equipment - Volvo CE, Caterpillar, Terex, CNH Industrial, Liebherr Group, Komatsu Ltd., and Hitachi Construction Machinery

Construction Equipment Market is expected to garner $+288 billion by 2026, registering a CAGR of +10% during the forecast period 2019-2026.

The “Construction Equipment Market 2019” is expected to demonstrate formidable growth during the forecast period on account of increasing construction activities. The demand for construction equipment is growing for usage in building construction, digging, loading and other purposes. At the regional level, the construction equipment market is segmented into APAC, Europe, North America, South America and Middle East and Africa.

Top key players:

Volvo Construction Equipment - Volvo CE, CNH Industrial N.V., Caterpillar, Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., Zoomlion Heavy Industry Science & Technology Co., Ltd., Kobelco Construction Machinery Co., Ltd., Terex Corporation, Liebherr, and Sany Group.

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“Construction equipment is a trade publication and website that provides construction contractors, material producers and other construction equipment. Construction equipment is issued monthly. Typically, each issue includes product evaluation and purchase. The magazine covers monthly vehicle management topics including Equipment Executive.”

The global Construction equipment market is envisaged to find players focusing on the development and launch of new products, acquisition, and collaboration for securing a strong position. There could be an influx of both foreign and domestic companies in the global construction equipment market. This could be evident of new product launch being a prominent strategy adopted in the global construction equipment market.

By Solution:

• Product
• Service

By Type:

• Loaders
• Cranes
• Forklifts
• Excavators
• Dozers

By Application:

• Excavation & Mining
• Lifting & Material Handling
• Earthmoving
• Transportation

Initiation of projects, such as South-North Water Transfer Project in China, will propel the industry demand in the region. The development of smart city projects in Singapore will surge the demand for high-performance machinery.

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The Construction equipment market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

KEY BENEFITS:

• This study provides an in-depth analysis of the construction equipment market to elucidate the imminent investment pockets.
• The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
• Porter’s five forces analysis highlights the potency of suppliers & buyers and describes the competitive scenario of the market, which is expected to facilitate efficient business planning.
• Value chain analysis provides key inputs on role of key intermediaries involved, which is expected to help stakeholders in devising appropriate strategies.
• This report presents a detailed quantitative analysis of the current trends and future estimations through 2019 and 2026, which assist in identifying the prevailing market opportunities.

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