Press release
Construction and Mining Equipment Market Growth, Top Vendors, Regions and Forecast by 2030
Construction and Mining Equipment Market
Top Companies
Atlas Copco AB, Caterpillar Inc., CNH Industrial N.V., Hitachi Construction Machinery Co. Ltd., Joy Global Inc., Komatsu Ltd., Liebherr-International AG, Volvo Group, Zoomlion Heavy Industry Science & Technology Development Co.
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The market for construction and mining equipment is driven by the growing demand for infrastructure development and the increasing need for mining activities to support economic growth. The construction sector includes activities such as building highways, bridges, tunnels, and other infrastructure projects, while the mining sector involves the extraction of minerals, metals, and other resources from the ground.
The market is also influenced by factors such as technological advancements, regulatory policies, and environmental concerns. The increasing focus on sustainable development and the adoption of eco-friendly equipment are some of the trends that are expected to shape the market in the coming years.
Competitive Analysis
The report takes in an analysis of the major market players active in the global Construction and Mining Equipment Market. It emphasizes on the business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations incorporated by these market players to reinforce their position in the market. The market report takes account of statistics, tables, and charts to present a detailed study of the industry.
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Regional Analysis:
Region-wise, the global Construction and Mining Equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Construction and Mining Equipment market share, and LAMEA is anticipated to secure a leading position during the forecast period.
KEY MARKET SEGMENTS
By Product Type
Loaders
Dozers
Excavators
Crushing
Pulverizing & Screening Equipment
Others
By Application
Infrastructure
Mineral Mining
Residential Building
Metal Mining
Others
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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