Press release
Heavy Construction Equipment Market 2025| SANY Group, Liebherr, Doosan Bobcat, Hitachi Construction Machinery, XCMG Group, Caterpillar
Construction Equipment Market 2020
Global Heavy Construction Equipment Market industry valued approximately USD 56.21 billion in 2016 is anticipated to grow with a healthy growth rate of more than 5.94% over the forecast period 2017-2025. The major factors driving the growth are escalating usage in infrastructure sector due to increasing constructional projects and activities.
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The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Type:
Earth Moving Machinery
Material Handling Machinery
Heavy Construction Vehicles
End-Use Industry:
Construction & Manufacturing
Public Work & Rail Road
Mining
Application:
Infrastructure
Real Estate
Others
Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Some of the key manufacturers involved in the market are SANY Group, Liebherr, Doosan Bobcat, Hitachi Construction Machinery Co. Ltd., XCMG Group, Deere & Company, Zoomlion Heavy Industry Science & Technology Co. Ltd. and Caterpillar. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the market by investing in research and development, by new product launches and focus on continuous technology innovations.
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Target Audience of the Heavy Construction Equipment Market Study
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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