openPR Logo
Press release

Heavy-Duty Construction Equipment Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031

08-01-2024 12:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Heavy-Duty Construction Equipment Market

Heavy-Duty Construction Equipment Market

The global heavy-duty construction equipment market is anticipated to grow significantly at a CAGR of 7.0% over the forecast period (2024-2031). The key aspect that drives the growth of the global heavy-duty construction equipment market is continuous growth in the emerging economies, rising investors, government schemes, and investment in transport, energy, and housing projects are some of the major factors for the growth of the construction sector all across the globe. Thus, with the rise in the overall construction industry, there is likely to be an increased demand for heavy-duty construction equipment as well, which in turn, drives the growth of the market over the forecast period.

Get Free Sample link @ https://www.omrglobal.com/request-sample/heavy-duty-construction-equipment-market

Apart from the rising global population, urbanization is also a major factor that propels the construction industry. As per the United Nations, the global population in 2019 was more than 7.7 billion which is expected to increase to 8.18 billion in 2025. Moreover, around 54% of the population lived in the urban area in 2014, which was estimated to be around 3.86 billion. It is expected to reach 66% by 2050 which will be more than 6 billion people. The largest urban growth will take place in India, China, and Nigeria. Managing urban areas is challenging for the government in emerging economies that includes forming and implementing cohesive policies and plans related to the development under smart cities projects. These will create a significant demand for proper infrastructure globally, which in turn creates scope for the growth of the market.

Full report of Heavy-Duty Construction Equipment Market available @ https://www.omrglobal.com/industry-reports/heavy-duty-construction-equipment-market

Market Coverage

Segment Covered- By Machinery Type, Applications and Industry
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- Caterpillar Inc., Deere & Co., Komatsu Ltd., Liebherr Group, CNH Industrial NV, Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., and Kobelco Construction Machinery Co. Ltd. among others

Key questions addressed by the report

What is the market growth rate?
Which segment/region dominates the market in base year?
Which segment/region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region/segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Heavy-Duty Construction Equipment Market - Segmentation

By Machinery Type

Earth Moving Equipment
o Cranes

o Loader & Backhoe

o Telescopic Handlers

o Excavators

o Others (Graders, Trencher)

Material Handling Equipment
o Hoists

o Conveyors

o Forklifts

o Others (Industrial Trucks)

Other Heavy-Duty Construction Equipment
o Concrete Mixers

o Road Rollers

o Stone Crushers

o Dumpers

o Tippers & Trailers

o Others (Slurry Seal Machines)

By Applications

Excavation & Demolition
Heavy Lifting
Handling
Transportation
Recycling & Waste Management
Others (Tunneling)
By Industry

Construction & Infrastructure
Manufacturing
Mining
Others (Oil & Gas)


Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/heavy-duty-construction-equipment-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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 Heavy-Duty Construction Equipment Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2031 here

News-ID: 3607131 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Construction

Off-site Construction Market: Revolutionizing Construction
In the dynamic landscape of the construction industry, off-site construction has emerged as a game-changer, set to transform the way we build. The market, valued at USD 249.15 billion in 2022, is poised for a remarkable growth spurt, projecting a 5.8% increase in revenue to reach a staggering USD 369.72 billion by 2029. Know More About The Report: https://www.maximizemarketresearch.com/market-report/off-site-construction-market/169386/ Unlocking Off-site Construction: A Holistic Overview Off-site construction isn't just a building method; it's a
Future Prospects of Data Center Construction Market by 2029 - Whiting-Turner Con …
Datacenter physical facility in an enterprise is designed to share IT operations and equipment to store, process, and disseminate data and applications. The construction process refers to activities involved in the designing, planning, and construction of a facility. Datacenter costs comprise IT infrastructure, power distribution and cooling solutions, and several miscellaneous expenses. Get Sample Report with Latest Industry Trends Analysis: https://a2zmarketresearch.com/sample-request/674529 The top companies in this report include: Whiting-Turner Contracting, Turner Construction, Holder
Data Center Construction Market Analysis to 2028: Industry Growth, Size, Trends …
The Data Center Construction market report focused on the industry dynamics, including market growth elements. The report also identifies limitations and chances for high segments of market growth. Our world-renowned analyst team conducts a study that is a result of extensive primary and secondary research. The growth of the market is forecast with complex algorithms such as regression analysis, end-user analysis, etc. PESTEL analyses are the factors that influence global
Residential Construction Market Is Booming Worldwide | Hindustan Construction, S …
A new research document is added in HTF MI database of 384 pages, titled as 'Residential Construction Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &
Data Center Construction Market Next Big Thing 2026 | DPR Construction, Holder C …
Global data center construction market is projected to register a CAGR of 11.1% in the forecast period of 2019 to 2026.Global Data Center Construction Market By Infrastructure Type (electrical Infrastructure, mechanical infrastructure, general infrastructure), Data Center Type (Tier I, Tier II, Tier III, Tier IV), Organization Size (small organization, medium organization, large organization), Vertical (Banking, financial services and insurance, IT & Telecommunications, Government & Defense, Healthcare, Retail Colocation, Power &