Argentina Construction Equipment Market to Witness Sales of Over 22k Units by 2027. Argentina's 5G Towers and Digitalization Projects are likely to Boost the Aerial Platform Market Growth | Arizton

According to Arizton latest research report, the Argentina construction equipment market is expected to grow at a CAGR of 8.16%. Logistics is an integral part of Argentina's transportation infrastructure. The government is investing in multimodal logistics hubs alongside the railway network to cut costs and improve the performance of logistics networks. These facilities will increase the demand for material handling equipment in Argentina. Aerial platform accounted for 8.6% of the overall material-handling equipment market in 2021. By 2028, the aerial platform market in Argentina is estimated to grow at a CAGR of 5.15%.

Download the free sample report now: https://www.arizton.com/request-sample/3385

Market Segments by:
Earthmoving Equipment:
• Excavator
• Backhoe Loaders
• Motor Graders
• Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers)
Road Construction Equipment
• Road Rollers
• Asphalt Pavers
Material Handling Equipment
• Crane
• Forklift & Telescopic Handlers
• Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)
End Users
• Construction
• Manufacturing
• Mining
• Others

INVESTMENT IN CONSTRUCTION AND MINING PROJECTS IS ON THE RISE PROMPTING THE NEED FOR IOT AND AI-ENABLED EQUIPMENT
In Argentina, the usage of automated technology such as IoT and AI in construction equipment has increased. The system provides operators with several advantages, including the ability to detect and store faults. Several OEMs in the country, including XCMG, SANY, Caterpillar, and Volvo Construction Equipment, are working on automating their processes to get a competitive advantage over their competitors. As part of the economic recovery strategy, investment in the construction and mining industries encourages the use of the latest technology and construction equipment, allowing projects to be completed on time and in an efficient manner. In the Argentina market, other emerging construction equipment companies such as LiuGong and Hyundai are also expected to follow same trend.

Key Vendors
• Komatsu
• Caterpillar
• Hitachi
• Volvo Construction Equipment
• XCMG
• SANY
• LiuGong
• Liebherr
• Zoomlion
Other Prominent Vendors
• John Deere
• JCB
• Hyundai Construction Equipment
• Kobelco
• CNH Industrial
Distributors Profile
• Tecmaco
• Bramaq SRL
• Grúas San Blas
• Centro Vial SRL
• Cowdin SA
• Repas

Know more: https://www.arizton.com/market-reports/argentina-construction-equipment-market

ABOUT ARIZTON:
Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals, and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory and Intelligence
Call: +1-312-235-2040
+1 302 469 0707

This release was published on openPR.