Construction Machinery Market Projected to Grow at a Steady Pace During 2021-2025 Covid-19 Analysis

The Business Research Company offers " Construction Machinery Global Market Report 2021: COVID 19 Impact And Recovery To 2030 " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The construction machinery market report describes and explains the global construction machinery market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The construction machinery market consists of sales of construction machinery, surface mining machinery, and logging equipment by entities (organizations, sole traders, or partnerships) that produce construction machinery, including backhoes, bulldozers, construction and surface mining-type rock drill bits, construction-type tractors, and attachments, off-highway trucks, pile-driving equipment, portable crushing, pulverizing and screening machinery, powered post hole diggers, road graders and surface mining machinery (except drilling). The construction machinery market is segmented into earthmoving; material handling; and building & road construction equipment. Only goods and services traded between entities or sold to end consumers are included.

The global construction machinery market is expected to grow from $204.24 billion in 2020 to $226.97 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $321.21 billion in 2025 at a CAGR of 9.1%.

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Some of the major players of the construction machinery market are Caterpillar Inc., Komatsu, Hitachi Construction Machinery Co Ltd, Liebherr, Volvo Construction Equipment, Deere & Company, Zoomlion Heavy Industry Sci & Tch Co Ltd, Terex Corporation, Sany Heavy Industry Co. LTD, XCMG Construction Machinery Co Ltd, Doosan Infracore Co Ltd, Kobelco Construction Machinery Co. Ltd, JCB India Limited, Manitou BF SA.

The countries covered in the global construction machinery market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global construction machinery market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global construction machinery market is segmented -
1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment, Autonomous Construction Equipment
2) By Application: Excavation & Mining, Lifting & Material Handling, Earth Moving, Transportation, Others
3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, and Others

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Few Points From Table Of Content
1. Executive Summary
2. Construction Machinery Market Characteristics
3. Construction Machinery Market Trends And Strategies
4. Impact Of COVID-19 On Construction Machinery
5. Construction Machinery Market Size And Growth
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26. Africa Construction Machinery Market
27. Construction Machinery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Construction Machinery Market
29. Construction Machinery Market Future Outlook and Potential Analysis
30. Appendix

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