Qatar's construction equipment market was estimated at 5,820 units in 2021 and is expected to reach 7,929 units by 2028.

According to Arizton's latest research report, the Qatar construction equipment market will grow at a CAGR of 4.63% during 2022-2028.

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Qatar is to host the FIFA WORLD CUP 2022 in the last quarter of 2022., which is boosting the investment in infrastructure developments across the country. Development projects have been in progress since 2018. Therefore, most projects, which are near completion in 2022, expect to boost the construction equipment market. Qatar has an excellent opportunity to expand its presence among European countries in 2022 due to the ongoing political dispute between Russia and European countries. Currently, the country has a long-term contract to supply natural gas to Asian countries. However, the prevailing political situation expects to increase the gas export to European countries in short term. Hence, the growth in the oil & gas industry of Qatar will support the demand for construction equipment such as cranes and other construction equipment.

Key Offerings

Market Size & Forecast by Volume| 2022-2028

Market Dynamics - Leading trends, growth drivers, restraints, and investment opportunities

Market Segmentation - type and end-user

Competitive Landscape - 9 key Vendors and 7 Other prominent vendors

Market Segmentation

Earthmoving Equipment:

Excavator

Backhoe Loaders

Motor Graders

Other Earthmoving Equipment

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

Key Vendors

Hyundai Construction Equipment

XCMG

Zoomlion

Sany

Volvo

Liebherr

JCB

Komatsu

Caterpillar

Other Prominent Vendors

Kobelco

Yanmar

Tadano

Liu Gong

Distributors Profiles

Qatar Tractors & Equipment Co.

Jaidah Heavy Equipment

Qatar Building Co. Heavy Equipment

To know more: https://www.arizton.com/market-reports/qatar-construction-equipment-market

About Arizton:

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This release was published on openPR.