Building And Road Construction Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity And Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the building and road construction equipment market report by The Business Research Company, infrastructure development in emerging and developed countries propelled the building and road construction equipment market. Emerging and developed countries' governments and private sector are focusing on developing the infrastructure to keep up the GDP, meet the growing population needs, meet the levels of urbanization, and increase connectivity by developing highways and expressways.

The global building & road construction equipment market size will grow from $175.54 billion in 2022 to $194.84 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global building & road construction equipment market size is expected to grow to $282.41 billion in 2027 at a CAGR of 9.7%.

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Major competitors in the building and road construction equipment market include AB Volvo, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., The Atlas Copco Group, Deere & Company, and Sany Group.

The building and road construction equipment market is segmented -
• By Product Type: Motor Graders, Road Roller, Wheel Loaders, Concrete Mixer, Bulldozers, Other Product Types

• By Equipment Category: Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, Other Equipment Categories

• By Application: Building Construction, Road Construction

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the building and road construction equipment market.

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The building and road construction equipment refer to self-propelled or towed equipment used directly in building and road construction.
The main product types of building and road construction equipment are motor graders, road rollers, wheel loaders, concrete mixers, bulldozers, and other product types. Motor graders are being used to finish grade the rough grading performed by heavy CE like scrapers and bulldozers. The equipment categories are earthmoving equipment, material-handling equipment, heavy construction vehicles, and other equipment categories. The various applications involved are building construction, and road construction.

The Table Of Content For The Building And Road Construction Equipment Market Include:
1. Executive Summary
2. Building And Road Construction Equipment Market Characteristics
3. Building And Road Construction Equipment Market Trends And Strategies
4. Building And Road Construction Equipment Market - Macro Economic Scenario
5. Building And Road Construction Equipment Market Size And Growth
6. Building And Road Construction Equipment Market Segmentation
……
26. Africa Building And Road Construction Equipment Market
27. Building And Road Construction Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Building And Road Construction Equipment Market
29. Building And Road Construction Equipment Market Future Outlook and Potential Analysis
30. Appendix

The "Global Building And Road Construction Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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