Press release
World Construction Equipment Market- Trends, Drivers, Strategies, Applications and Competitive Landscape to 2022
Market Research Future published a half cooked research report on “Global Construction Equipment Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Prominent Players
AB Volvo (Sweden), Caterpillar Inc. (U.S.), Komatsu Ltd. (Japan), Doosan Heavy Industries & Construction Co. Ltd. (South Korea), Hitachi Construction Machinery Co. Ltd. (Japan), J.C. Bamford Excavators Limited (U.K.), Kobe Steel Ltd. (Japan), Liebherr Group (Switzerland), Atlas Copco AB (Sweden), and Hyundai Heavy Industries Co., Ltd. (South Korea) are some of the prominent players at the forefront of competition in the global Construction Equipment market and are profiled in MRFR Analysis.
Global Construction Equipment Market - Overview
Construction equipment is a critical tool for all construction projects. They are used at construction sites for reducing time and labor cost. The market is expected to continue with the moderate growth trend during the forecast period. There have been few factors driving the market such as increased demand from BRIC countries supporting the growth for construction equipment, construction development in Russia as it hosts 2018 FIFA world cup, and high demand from Brazil.
Huge investments in infrastructural projects in BRIC countries have spurred the demand for heavy construction equipment for commercial and residential purpose. Asia-Pacific region has given a tough competition to well established European and U.S. markets when it comes to heavy machinery.
With the confirmation of 2018 FIFA World Cup in Russia, huge investment is being done on the infrastructural projects throughout different cities of Russia including St. Petersburg, Moscow and Sochi. Lots of investment is also being done for improving transport facilities. Around USD 4.2 billion is expected to be invested for development of communications, energy supply, transport, safety infrastructure, and utilities before the event. Furthermore, around USD 3.9 billion is expected to be spent on renovation of sport facilities.
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Global Construction Equipment Market - Competitive Analysis
Construction equipment manufacturers have been more focused on launching new products in the market due to technical advancement, increasing demand for heavy equipment, and to have a competitive advantage. North American heavy equipment manufacturers introduced many new products in the market especially in the Asia-Pacific region due to high growth in construction activities in those regions. In order to strengthen their market position outside Asia-Pacific, many Asia-Pacific companies focused on growing in Europe and North America through Mergers & Acquisitions, and by signing various agreements for technical collaborations.
European companies were more focused on strengthening their current markets and expanding into the South American and Asia-Pacific markets. Companies such as Caterpillar (U.S.), Manitowoc (U.S.), and John Deere (U.S.) have been the most active North American companies. XCMG (China), Hyundai Heavy Industries (South Korea), Doosan Infracore (South Korea) in Asia-Pacific and Liebherr (Switzerland), Volvo (Sweden) in Europe have been the most active companies in Europe.
With the emergence of new technologies, the original equipment manufacturers have been launching sophisticated products and machinery. For instance, Komatsu began the launch of its Intelligent Hydraulic Excavator. It has begun in Europe and Japan and is expected to be followed by United States. The idea is to tap the regions which lead the ICT-based construction. Also, Komatsu has acquired 100% ownership of Joy Global Inc. (U.S.). The process got closed in the mid of 2017. This acquisition is expected to strengthen the core equipment business to achieve company’s sustainable growth.
Caterpillar (U.S.) introduced its Cat utility vehicles – the gasoline-powered Cat CUV82 and diesel-powered CUV102D. The company gathered extensive customer and dealer input to build a UTV that delivers the combination of durability, comfort and maintenance simplicity. Features such as easy acceleration, clear sightlines and engine braking capability make the Cat UTV well suited for hauling and towing.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain Of Global Construction Equipment Market
5 Industry Overview Of Global Construction Equipment Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
Continue……..
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List Of Tables
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Construction Equipment Market: By Region, 2014-2022 (Usd Million)
Table 3 Global Construction Equipment Market: By Region, 2014-2022 (Kt)
Table 4 North America Global Construction Equipment Market: By Country, 2014-2022 (Usd Million)
Table 5 Europe Global Construction Equipment Market: By Country, 2014-2022 (Usd Million)
Table 6 Asia-Pacific Global Construction Equipment Market: By Country, 2014-2022 (Usd Million)
Table 7 RoW Global Construction Equipment Market: By Country, 2014-2022 (Usd Million)
Table 8 Global Construction Equipment For Equipment: By Regions, 2014-2022 (Usd Million)
Table 9 North America Global Construction Equipment For Equipment: By Country, 2014-2022
Table 10 Europe Global Construction Equipment For Equipment Market: By Country, 2014-2022
Continue……
List Of Figures
Figure 1 Global Construction Equipment Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Construction Equipment Market
Figure 4 Value Chain Of Global Construction Equipment Market
Figure 5 Share Of Global Construction Equipment Market In 2014, By Country (In %)
Figure 6 Global Construction Equipment Market, 2015-2022, (Usd Billion)
Figure 7 Sub-Segments Of Global Construction Equipment Market
Figure 8 Global Construction Equipment Market Size By Equipment
Figure 9 Share Of As Earth Moving In Global Construction Equipment Industry, 2012 To 2022
Figure 10 Share Of Material Handling In Global Construction Equipment Industry, 2012 To 2022
Continue…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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