Press release
Heavy Construction Equipment Market to Reach $273.5 Billion by 2030
According to the report published by Allied Market Research, the global heavy construction equipment market size was estimated at $176.2 billion in 2020 and is expected to hit $273.5 billion by 2030, registering a CAGR of 4.4% 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/1729
Surge in investment in the construction sector, rise in focus on public-private partnerships, and growth in emphasis on the expansion of the mining sector drive the growth of the global bone densitometers market. On the other hand, increase in carbon footprints, fluctuating oil prices, and weak economic conditions in Latin America impede the growth to some extent. However, development of low emission, fuel-efficient equipment is expected to create lucrative opportunities in the industry.
Covid-19 Scenario-
The ongoing lockdown measures, especially during the initial phase of the pandemic, gave way to delay in production and manufacturing of heavy construction equipment which are utilized in several end-user industries such as oil & gas, construction, infrastructure, and others. This, in turn, impacted the market negatively.
However, the market is projected to get back on track soon.
The global heavy construction equipment market is analyzed across equipment type, end user, application, and region.
Enquire Before Buying@ https://www.alliedmarketresearch.com/purchase-enquiry/1729
Based on type, the earthmoving equipment segment held the major share in 2020, garnering more than half of the total market. The material handling equipment segment, however, would cite the fastest CAGR of 6.0% during the forecast period.By end-use industry, the construction segment accounted for more than two-fifths of the total market revenue in 2020, and is anticipated to retain its dominance by 2030. The manufacturing segment, on the other hand, would grow at the fastest CAGR of 5.3% from 2021 to 2030.
Based on region, the market across Asia-Pacific contributed to the major share in 2020, holding more than two-fifths of the global market. The same region would also grow at the fastest CAGR of 5.2% from 2021 to 2030.
Leading Players:
The key market players analyzed in the global heavy construction equipment market report include CNH Industrial N.V., Deere & Company, Doosan Infracore Co Ltd., J C Bamford Excavators Ltd., Caterpillar Inc., Komatsu Ltd., Liebherr International AG, Volvo Group, XCMG Group, and Hitachi Construction Machinery Co. Ltd. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
Request Customization@ https://www.alliedmarketresearch.com/request-for-customization/1729
Similar Reports:
Die Bonder Equipment Market https://www.alliedmarketresearch.com/die-bonder-equipment-market-A44671
Underground Mining Market https://www.alliedmarketresearch.com/underground-mining-market-A10694
Cordless Power Tools Market https://www.alliedmarketresearch.com/cordless-power-tools-market-A10840
Tin Packaging Market https://www.alliedmarketresearch.com/tin-packaging-market-A238320
Residential Low Slope Roofing Market https://www.alliedmarketresearch.com/residential-low-slope-roofing-market-A239742
Rubber Flooring Market https://www.alliedmarketresearch.com/rubber-flooring-market-A178358
Plasma Welding Market https://www.alliedmarketresearch.com/plasma-welding-market-A239717
Quick Couplers Market https://www.alliedmarketresearch.com/quick-couplers-market-A166484
David Correa
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.
Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060 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 Heavy Construction Equipment Market to Reach $273.5 Billion by 2030 here
News-ID: 4391918 • Views: …
More Releases from Allied Market Research
Hydrogen Compressor Industry to Generate $3.3 Billion Worldwide by 2032, Says Al …
Allied Market Research published a report, titled "Hydrogen Compressor Market by Technology Type (Mechanical Compressors, Non-Mechanical Compressors), by Lubrication Type (Oil-based, Oil-free), by End User Industry (Oil and Gas, Chemical, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global Hydrogen compressor market generated $2.254.6 million in 2022 and is anticipated to generate $3,321.1 million by 2032, witnessing a CAGR of 4.0% from 2023 to…
3D Construction Printing Market Forecasts $3.3 Trillion Valuation by 2032 at 105 …
According to a new report published by Allied Market Research, titled "3d printing construction market size was valued at $5.5 billion in 2023, and is projected to reach $3.3 trillion by 2032, growing at a CAGR of 105.8% from 2024 to 2032.
The construction industry stands on the edge of a technological revolution, with 3D printing technology redefining the usual building process. This innovative technology, also known as additive manufacturing, has…
Electric Motor Market Set to Reach $373.9 Billion by 2032, Fueled by EV Adoption …
Allied Market Research published a report, titled, "Electric Motor Market by Motor type (Alternate Current (AC) Motor, and Direct Current (DC) Motor), Application (Automobile- traction motor, Automobile - non-traction motor, HVAC, Medical equipment, Industrial machinery, Household appliances, and Others), and Power rating (Up to 5 kW, 5 kW to 10 kW, 10 kW to 75 kW, Above 75 kW): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report,…
Water Pipeline Leak Detection Systems Market Poised to Hit $2.34 Billion Worldwi …
According to the report published by Allied Market Research, the global water pipeline leak detection systems market generated $1.75 billion in 2019, and is estimated to reach $2.34 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.
Growing scarcity of water across the globe and aging water infrastructure…
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 $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
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…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
