Sale of Belgium Construction Equipment is Expected to Reach Over 40k Units by 2028 - Arizton

In 2021, Belgium construction equipment market was valued around $2 billion.
According to Arizton's latest research report, Belgium construction equipment market will grow at a CAGR of over 4% during 2022-2027. Rising government investment in infrastructure investment & renewable energy projects is expected to drive the demand for construction equipment in Belgium market. In Belgium, construction, and manufacturing industries account for ~6.6% and ~3%, respectively, of the GDP in 2021. The growth of the market is being driven by the construction of public infrastructure, including roads, trains, and civil works, as well as rising investments in residential projects. One of the residential projects launched in 2021, the Oude Dokken housing complex PPP, has a positive effect on the need for excavators.

Click Here to Download the Free Sample Report:https://www.arizton.com/request-sample/3438

The report provides a detailed analysis by Segmentation
Type
• Earthmoving Equipment:
o Excavator
o Backhoe Loaders
o Motor Graders
o Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers)
• Road Construction Equipment
o Road Rollers
o Asphalt Pavers
• Material Handling Equipment
o Crane
o Forklift & Telescopic Handlers
o Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts)
Segmentation by End Users
o Construction
o Manufacturing
o Mining
o Others
Key Vendors
• Caterpillar
• Komatsu
• VOLVO
• JCB
• SANY
• Hyundai
• KOBELCO
• Zoomlion
• Hitachi
• Kubota
• Liebherr Group
Other Prominent Vendors
• LIUGONG
• Yanmar
• CASE Construction Equipment
Distributors Profiles
• Van Haut
• Torfs Compact Machinery
• FM BOUWMACHINES
• HST
• ACQUISITIE BELGIE
• Vangaever

TARGET AUDIENCE:
• Top-level management personnel of existing operators/vendors
• Potential new entrants to the market
• Consultants/consultancies/advisory firms
• Professional landscaping service providers/contractors
• Corporate and governments bodies

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

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This release was published on openPR.