Asia Pacific Construction Equipment Market Analysis Focusing on Top Key Players – Liebherr, Komatsu Ltd., Caterpillar, Inc., Doosan Group, Hitachi Construction Machinery, J.C. Bamford Excavators Limited, John Deere, Kobelco Construction Machinery, Terex

Market Study Report LLC recently introduced new title on “2019-2025 Asia Pacific Construction Equipment Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2025.

In the Asia Pacific construction equipment market, the demand for new products is rising due to the launch of several machinery with technically-advanced features including telematics, smart sensing technologies, etc. These eliminate human interference to a higher degree and provide worker safety compared to conventional options. Customers in Asia mostly purchase this equipment either from the company’s direct sales channels, such as stores and outlets, or independent dealers/distributors to obtain high-quality products at appropriate costs.

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Asia Pacific Construction Equipment Market is expected to reach USD 80 billion by 2025. High construction & infrastructure spending in emerging economies including China and India is majorly escalating the demand for construction machinery. Due to the rapid urbanization & development of several suburbs in the Asian region, the overall building industry is witnessing several upcoming & ongoing projects. The global construction companies, governments, and local players are rapidly moving toward the adoption of technologically-advanced machinery to address the huge requirements, accelerating the Asia Pacific construction equipment market expansion. The growth is also attributed to favorable government investments in the application sector, which provides appropriate funds and machine consumption parameters to the customers.

China is rapidly evolving in the Asia Pacific construction equipment market due to the rising construction of several residential & commercial establishments. The emergence of aftermarket players providing machinery replacement parts is a major factor that will drive the industry demand. Due to the presence of several machine manufacturers in China, South Korea, and Japan, these countries are also witnessing an emergence of replacement part providers to cater to the high requirements from various customers. Moreover, Japanese manufacturers are entering the Indian market owing to the increasing construction & infrastructure development activities in India in recent years to foster the Asia Pacific construction equipment market expansion.

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Concrete equipment is gaining high popularity and demand owing to several ongoing road & highway construction projects in the Asian countries under the infrastructure improvement initiatives. Equipment including concrete pumps, batching plants, and asphalt pavers are increasingly being utilized in such projects to overcome issues related to traditional labor-based operations. Several governments provide financial help & low-interest loans to the local construction companies, supporting industry growth. These factors coupled with increasing awareness of the Asian customers about technologically-advanced machines are developing the Asia Pacific construction equipment market.

Prominent players present in the Asia Pacific construction equipment market are J.C. Bamford Excavators Limited, Doosan Group, Terex Corporation, Komatsu Ltd., Liebherr Group, Kobelco Construction Machinery, Tadano Ltd., Caterpillar, Inc., John Deere, and Sany Group. These companies are launching their products and solutions in the untapped regions with potential demand. For instance, in November 2018, JCB India announced the launch of its new products and the establishment of new dealership facilities in Nepal. Additionally, the manufacturer strategies for new product development and R&D investments are fueling the Asia Pacific construction equipment market growth.

Table of Contents:

Chapter 1. Methodology and Scope

1.1. Definitions & forecast parameters

1.1.1. Definitions

1.1.2. Methodology and forecast parameters

1.2. Data Sources

1.2.1. Secondary

1.2.2. Primary

Chapter 2. Executive Summary

2.1. Asia Pacific construction equipment industry 360 degree synopsis, 2015 - 2025

2.1.1. Business trends

2.1.2. Demand trends

2.1.3. Product trends

2.1.4. Sales channel trends

2.1.5. Aftermarket product

2.1.6. Aftermarket sales channel trends

2.1.7. Regional trends

Chapter 3. Asia Pacific Construction Equipment Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 - 2025

3.3. Industry ecosystem analysis

3.3.1. Component suppliers

3.3.2. Manufacturers

3.3.3. Distribution channel analysis

3.3.4. Aftermarket landscape

3.3.5. Vendor matrix

3.4. Technology & innovation landscape

3.4.1. Intelligent machine parts

3.4.2. Enhanced ropes & related angles

3.5. Regulatory landscape

3.5.1. ISO Standards

3.5.1.1. ISO 4310

3.5.1.2. ISO 8686

3.5.1.3. ISO 10245-1:2008

3.5.1.4. ISO 12480-1

3.5.1.5. ISO 23815-1

3.5.1.6. ISO 12482

3.5.1.7. ISO 23814

3.5.1.8. OSHA 29 CFR 1926.21

3.5.2. Asia Pacific

3.5.2.1. NATIONAL CAPITAL GOODS POLICY 2016 (Ministry of Heavy Industries & Public Enterprises Department of Heavy Industry)

3.5.2.2. Department of Heavy Industry

3.5.2.3. iCEMA - Indian Construction Equipment Manufacturers' Association

3.5.2.4. China Construction Machinery Association (CCMA)

3.5.2.5. IS 12663 (Part 2): 2000

3.5.2.6. The General Administration of Customs (GAC or China Customs)

3.5.2.7. The International Council on Clean Transportation

3.6. Industry impact forces

3.6.1. Growth drivers

3.6.1.1. Growing construction industry in China & India

3.6.1.2. Increasing urbanization and safety concerns in India

3.6.1.3. Rapid infrastructure development in Asian countries

3.6.1.4. Growing reconstruction and maintenance activities in Japan

3.6.1.5. Rapid expansion of the construction industry in Australia & New Zealand

3.6.1.6. Increasing infrastructure transformation plans in Indonesia and Thailand

3.6.2. Industry pitfalls & challenges

3.6.2.1. Lack of skilled and qualified operators

3.6.2.2. Optimizing fleet utilization

3.6.2.3. Lack of awareness

3.6.2.4. Limited capital investments in small countries

3.7. Growth potential analysis

3.8. Porter's analysis

3.8.1. Supplier power

3.8.2. Buyer power

3.8.3. Threat of new entrants

3.8.4. Threat of substitutes

3.8.5. Internal rivalry

3.9. Customer analysis

3.9.1. Major pain points

3.9.2. Overview of key players

3.10. Competitive landscape, 2018

3.10.1. Company market share analysis, 2018

3.10.2. Strategy dashboard (New product development, M&A, R&D, Investment landscape)

3.11. PESTEL analysis

Chapter 4. Asia Pacific Construction Equipment Market, By Demand (Revenue)

4.1. Key trends in Asia Pacific construction equipment market, by demand

4.2. New demand

4.2.1. Market estimates and forecast, 2015 - 2025

4.3. Aftermarket

4.3.1. Market estimates and forecast, 2015 - 2025

Chapter 5. Asia Pacific Construction Equipment Market, By Product (Revenue & Shipment)

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Related Report:

Global Heavy Construction Equipment Market Report 2019 - History, Present and Future

The global market size of Heavy Construction Equipment is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.

Global Heavy Construction Equipment Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Heavy Construction Equipment industry. The key insights of the report:

1.The report provides key statistics on the market status of the Heavy Construction Equipment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

https://www.marketstudyreport.com/reports/global-heavy-construction-equipment-market-report-2019-history-present-and-future?utm_source=RR-SP

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