Press release
Asia Pacific Construction Equipment Market 2020 Growth Projections by Leading Players: Caterpillar Inc., CNH Industrial, Doosan, Liebherr Group, Terex Corporation
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.Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/3109
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.
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.
Asia Pacific Construction Equipment Market Growth Drivers: -
1. Growing construction industry in China & India
2. Increasing urbanization and safety concerns in India
3. Rapid infrastructure development in Asian countries
4. Growing reconstruction and maintenance activities in Japan
5. Rapid expansion of the construction industry in Australia & New Zealand
6. Increasing infrastructure transformation plans in Indonesia and Thailand
Make an Inquiry for Purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/3109
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: -
Caterpillar Inc., CNH Industrial, Doosan Group, Guangxi LiuGong Machinery Co. Ltd., Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Limited, John Deere, Kobelco Construction Machinery Co. Ltd., Komatsu Ltd., Liebherr Group, Metso Corporation, Palfinger AG, Sany Group, Sumitomo Heavy Industries Ltd., Tadano Ltd., Terex Corporation, The Atlas Copco Group, The Manitowoc Company, Inc., Volvo Construction Equipment, Wacker Neuson, XCMG Group, Zoomlion Heavy Industry Science & Technology Co. Ltd.
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.
Browse more info. @ https://www.prnewswire.com/news-releases/construction-equipment-market-in-apac-to-hit-80bn-by-2025-global-market-insights-inc-300795821.html
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Asia Pacific Construction Equipment Market 2020 Growth Projections by Leading Players: Caterpillar Inc., CNH Industrial, Doosan, Liebherr Group, Terex Corporation here
News-ID: 2021188 • Views: …
More Releases from DEC Research

What's Driving the Levant Power Cable Market Trends? Liban Cables, El-Sewedy Cab …
The Levant Power Cable Market study put together by DEC Research delivers a concise outlook of the powerful trends driving market growth. This report also includes valuable information pertaining to market share, market size, revenue forecasts, regional landscape and SWOT analysis of the industry. The report further elucidates the competitive backdrop of key players in the market as well as their product portfolio and business strategies.
Research forecasts the Levant Power…

What’s Driving the Gas Insulated Switchgear Market Trends? ABB Limited, Toshib …
The Gas Insulated Switchgear Market study formulated by DEC Research offers an in-depth analysis of the current market trends influencing this business vertical. The study also includes market valuation, market size, revenue forecasts, geographical spectrum and SWOT Analysis of the industry. In addition, the report depicts key challenges and growth opportunities faced by the industry bigwigs, in consort with their product offerings and business strategies.
Research forecasts…

What’s Driving the Residential Boiler Market Growth? Siemens, Saudi Boilers, H …
The latest report on Residential Boiler Market collated by DEC Research delivers facts and numbers regarding the market size, geographical landscape and profit forecast of the Residential Boiler Market. In addition, the report focuses on major obstacles and the latest growth plans adopted by leading companies in this business. Research forecasts the Residential Boiler Market to grow from 9 billion in 2016 to 12 billion by 2024.
Request a sample…

What’s driving the Carbon Capture and Storage Market Trends? Exxon Mobil, Gene …
The newest report on Carbon Capture and Storage Market Added by DEC Research offers concise facts about the geographical landscape, industry size and revenue estimation of the business. Additionally, the report focuses on challenges and expansion strategies accepted by major industry players of the Carbon Capture and Storage Market.
The globally prevalent trend to reduce carbon emissions is a vitally imperative fact that has been driving carbon capture and storage market.…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…