Press release
Latin America Heavy Construction Equipment Market Size Is Set To Fly High In Years To Come | Doosan Infracore, Hitachi Construction Machinery, JC Bamford Excavators
The Latin America heavy construction equipment market was valued at $4,310 million in 2016, and is expected to reach $6,391 million by 2022, registering a CAGR of 6.8% from 2016 to 2022.In addition, development of low-emission and energy-efficient equipment is expected to boost the Latin America heavy construction equipment market growth. However, fluctuation in oil prices, increased carbon footprint, and weak economic conditions are expected to hamper the Latin America heavy construction equipment market growth. The Latin America heavy construction equipment industry is segmented on the basis of equipment, application, end user, and country. Based on equipment, it is divided into earthmoving, material handling, heavy construction vehicles, and others. Earthmoving equipment is further elaborated into excavators, loaders, backhoe loaders, and motor graders.
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Material handling equipment is further classified into crane and telescopic handlers whereas heavy construction vehicles are divided into dumpers, tippers, and others (compactors and pavers). By application, the Latin America heavy construction equipment market is categorized into excavation & demolition, heavy lifting, material handling, tunneling, and recycling & waste management. Based on end user, Latin America heavy construction equipment market is categorized into infrastructure, mining, construction, oil & gas, manufacturing, and others. The market is analyzed across Brazil, Argentina, Chile, Colombia, Peru, rest of South America, and Central America.
KEY BENEFITS FOR STAKEHOLDERS
This report provides an in-depth analysis of the Latin America heavy construction equipment market to identify the potential investment pockets.
It outlines the current trends and future scenarios to determine the overall Latin America heavy construction equipment market potential and gain stronger market foothold.
Key drivers, restraints, opportunities, and their detailed impact analysis are elucidated.
Quantitative analysis of the market from 2014 to 2022 is highlighted to recognize the financial competency of the market.
Porter's Five Forces model illustrates the threat of new entrants and substitutes and strength of the buyers and suppliers.
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KEY PLAYERS
AB Volvo
Caterpillar Inc.
Komatsu Ltd.
Doosan Infracore Co. Ltd.
Hitachi Construction Machinery Co. Ltd.
JC Bamford Excavators Ltd. (JCB)
Liebherr Group
CNH Industrial N.V.
Atlas Copco
KEY MARKET SEGMENTS
BY EQUIPMENT
Earthmoving
Excavators
Loaders
Backhoe Loaders
Motor Graders
Material Handling
Cranes
Telescopic Handlers
Heavy Construction Vehicles
Dumpers
Tippers
Others
Compactors
Pavers
By Application
Excavation & Demolition
Heavy Lifting
Material Handling
Tunneling
Recycling & Waste Management
By End User
Infrastructure
Construction
Mining
Manufacturing
Oil & Gas
Others
ByCountry
Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Central America
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