Press release
Construction Machinery Market Strategies Growth 2020- 2026 Top Growing Key Players Caterpillar Inc, JCB India Limited, Hitachi Construction Machinery, Deere & Company, Kobelco Construction Machinery, Komatsu Ltd, Mitsubishi Heavy Industries, Volvo Group,
Market Study Report, LLC, provides a research on the Construction Machinery Market which offers a concise summary pertaining to industry valuation, SWOT Analysis, market size, revenue estimation and geographical outlook of the business vertical. The study descriptively draws out the competitive backdrop of eminent players driving the Construction Machinery Market including their product offerings and growth plans.Global Construction Machinery market is valued approximately USD 146.17 billion in 2018 and is anticipated to grow with a growth rate of more than 7.5% over the forecast period 2019-2026. Construction machinery are those machineries and equipment that have major role in construction process. These are fundamental things required in construction industries. Construction machinery are also referred as heavy-duty vehicle those are designed for executing construction of roads, buildings or any other infrastructure.
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The machineries include crane, telescopic handling, excavator and others. Due, to its commendable application in construction industries this equipment has major demand and expected to increase with the rise in construction industries across the global. For instance: As per Statista, in public sector in 2016 the spending in construction sector was USD 292 billion and increased up to USD 302 billion in 2018 globally. US accounts for the largest share in construction industries and shows a total expenditure incurred in construction sector in US reached to USD 1293 Billion in 2019.
Similarly, according to the Indian Brand Equity Foundation (IBEF), the real estate industry in India is expected to reach USD 1 trillion by 2030 from USD 120 billion in 2017 and contributed to the 13% of the country?EUR(TM)s GDP by 2025. In Addition, rising demand for machines those are cost effective and complied with low emission regulations is a lucrative opportunity for the growth of market over the forecast years. However, higher cost of construction machinery cost and faster depreciation is expected to hamper the growth of market over the forecast years.
The regional analysis of global Construction Machinery market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the fastest growing region in the global construction machinery due to the rapid growth in construction and real estate industry in the region. Similarly, it is expected to grow with faster rate over the upcoming years due to growing supportive government regulation regarding construction projects in the region.
Market player included in this report are:
o Caterpillar Inc.
o JCB India Limited
o CNH Industrial NV
o Hitachi Construction Machinery Co Ltd
o Deere & Company
o Kobelco Construction Machinery Co., Ltd
o Komatsu Ltd
o Mitsubishi Heavy Industries Ltd
o Volvo Group
o Doosan Infracore Co Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Machinery Type:
Crane
Telescopic Handlers
Excavator
Loader & Backbone
Motor Grader
Others
By Drive Type:
Hydraulic
Electric and Hybrid
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year ?EUR" 2016, 2017
Base year ?EUR" 2018
Forecast period ?EUR" 2019 to 2026
Target Audience of the Global Construction Machinery Market in 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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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Construction Machinery Market, by Region, 2017-2026 (USD Billion)
1.2.2. Construction Machinery Market, by Machinery Type, 2017-2026 (USD Billion)
1.2.3. Construction Machinery Market, by Drive Type, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Construction Machinery Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Construction Machinery Market Dynamics
3.1. Construction Machinery Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Construction Machinery Market Industry Analysis
4.1. Porter?EUR(TM)s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter?EUR(TM)s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Construction Machinery Market, by Machinery Type
5.1. Market Snapshot
5.2. Global Construction Machinery Market by Machinery Type, Performance - Potential Analysis
5.3. Global Construction Machinery Market Estimates & Forecasts by Machinery Type 2016-2026 (USD Billion)
5.4. Construction Machinery Market, Sub Segment Analysis
5.4.1. Crane
5.4.2. Telescopic Handlers
5.4.3. Excavator
5.4.4. Loader & Backbone
5.4.5. Motor Grader
5.4.6. Others
Chapter 6. Global Construction Machinery Market, by Drive Type
6.1. Market Snapshot
6.2. Global Construction Machinery Market by Drive Type, Performance - Potential Analysis
6.3. Global Construction Machinery Market Estimates & Forecasts by Drive Type 2016-2026 (USD Billion)
6.4. Construction Machinery Market, Sub Segment Analysis
6.4.1. Hydraulic
6.4.2. Electric and Hybrid
Chapter 7. Global Construction Machinery Market, Regional Analysis
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Caterpillar Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. JCB India Limited
8.2.3. CNH Industrial NV
8.2.4. Hitachi Construction Machinery Co Ltd
8.2.5. Deere & Company
8.2.6. Kobelco Construction Machinery Co., Ltd
8.2.7. Komatsu Ltd
8.2.8. Mitsubishi Heavy Industries Ltd
8.2.9. Volvo Group
8.2.10. Doosan Infracore Co Ltd
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
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