Press release
Building Tomorrow: Unveiling the Thriving World of Construction Equipment Industry Analysis By 2032
Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/652
Market Overview
The construction equipment market is poised for significant growth in the coming years. This sector is driven by several factors, including:
Infrastructure Development: Developments in the construction and infrastructure industries are generating substantial demand for construction equipment. As nations invest in building and upgrading their infrastructure, the need for advanced machinery becomes paramount.
Preference for Compact Equipment: There's a growing preference for robust and compact equipment. These machines are not only more efficient but also easier to maneuver in increasingly crowded urban construction sites.
Report Coverage & Details
The comprehensive report on the construction equipment market spans 544 pages and covers various aspects of the industry. It includes market size estimations, competitive landscape analysis, and evolving market trends. The report serves as a valuable resource for industry leaders, newcomers, investors, and shareholders to formulate strategies for the future and strengthen their market positions.
Covid-19 Scenario
The COVID-19 pandemic had a significant impact on the construction equipment market. With restrictions on industrial activities and disruptions in the supply chain, the industry faced challenges. However, as 2021 progressed, the market showed signs of recovery, gradually regaining momentum.
Buy This Report: https://www.alliedmarketresearch.com/construction-equipment-market/purchase-options
Segmental Insights
The market is segmented based on multiple parameters:
Solution Type: In 2021, the products segment held the largest market share, contributing nearly four-fifths of the global construction equipment market revenue. However, the services segment is expected to exhibit the fastest CAGR of 5.1% during the forecast period.
Equipment Type: Heavy construction equipment dominated the market in 2021, accounting for over 90% of the global market share. It's anticipated to continue its dominance by 2031. Conversely, the compact construction equipment segment is set to demonstrate the fastest CAGR of 5.8% during the forecast period.
Type: Excavators constituted over two-fifths of the global construction equipment market share in 2021 and are projected to maintain their dominance by 2031. Meanwhile, the forklifts segment is expected to exhibit the fastest CAGR of 9.4% throughout the forecast period.
Application: In 2021, the earth-moving segment led the way, contributing nearly two-fifths of the global construction equipment market revenue. Conversely, the lifting and material handling segment are forecasted to display the fastest CAGR of 7.1% during the forecast period.
End User: The construction and infrastructure segment took the lion's share in 2021, contributing to around half of the global construction equipment market revenue. This segment is also expected to experience the fastest CAGR of 5.6% from 2022 to 2031.
Region: In 2021, Asia-Pacific was the dominant market, accounting for over two-fifths of the global construction equipment market revenue. The region is also expected to see the fastest CAGR of 5.6% from 2022 to 2031.
Inquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/652
Leading Market Players
Key players in the global construction equipment market include AB Volvo, Caterpillar Inc., CNH Industrial N.V., Deere & Company, Hyundai Doosan Infracore Co., Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International AG, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG). These industry leaders are adopting strategies such as product launches and acquisitions to enhance their product portfolios in the construction equipment market.
In conclusion, the global construction equipment market is on an upward trajectory, driven by infrastructure development, a shift towards compact equipment, and technological innovations. As the world continues to build and expand, these construction equipment providers are at the forefront, shaping the future of construction.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Building Tomorrow: Unveiling the Thriving World of Construction Equipment Industry Analysis By 2032 here
News-ID: 3211411 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
