Global Construction Equipment Market

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Global Construction Equipment Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Construction Equipment Market is Estimated
to Reach 385 Billion by 2025, Says Accurize
Market Research

• Global construction equipment market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 385
  billion by 2025 growing at a CAGR of 8.9 from
  2017 to 2025. By geography, the Asia Pacific and
  North America are expected to grow at a CAGR of
  XX and XX, respectively, during the forecast
  period.
•  
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3
Global Construction Equipment Market is Estimated
to Reach 385 Billion by 2025, Says Accurize
Market Research

• Increasing construction and mining events,
  remarkable growth in real estate sector and rapid
  urbanization and industrialization across the
  globe to drive the growth of the market
• Increasing construction and mining events,
  remarkable growth in the real estate sector and
  rapid urbanization and industrialization fuel the
  demand for the global construction equipment
  market. Moreover, the rising demand for advanced
  infrastructure in emerging economies also boosts
  the growth of the market.

4
Market Segmentation

• The global construction equipment market has
  been bifurcated on the basis of solution type,
  the segment includes products, and services
  (rental, and maintenance). The type segment is
  bifurcated into loaders, cranes, forklift,
  excavators, dozers, and other types. By
  application, the segmentation offers excavation
  mining, lifting material handling, earthmoving,
  transportation, and other applications.
  Furthermore, the industries segment is
  sub-segmented into oil gas, public works
  railroad, forestry agricultural, manufacturing,
  military, and mining.
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5
Market Segmentation

• By geography, the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW). North America is further bifurcated
  in the U.S., Canada, and Mexico, whereas Europe
  consists of the UK, Germany, France, and the Rest
  of Europe. Asia-Pacific is segmented into India,
  China, Japan, and the Rest of Asia-Pacific while
  RoW is bifurcated into South America, the Middle
  East, and Africa.
• Products dominated with the largest market share
  in the solution type segment", says Accurize
• By solution type segment, products accounted for
  the majority of the market share in 2017 and are
  expected to continue its tendency during the
  forecast period 2017 2025. The high growth is
  attributed to the high demand and cost of the
  construction equipment. In terms of growth,
  services witnessed the fastest CAGR throughout
  the forecast period.

6
Market Segmentation

• Loaders dominated with the largest market share
  in the type segment", says Accurize
• By type segment, loaders were the largest
  revenue-generating segment accounting for more
  than 40 of the total market share in 2017, as
  they are simpler and easier to implement and
  execution speed is generally much superior to
  interpreted systems. Also, loaders are expected
  to achieve the fastest CAGR during the forecast
  period.
• Earthmoving occupied the majority of the share in
  the application segment in the year 2017 and is
  anticipated to achieve the fastest CAGR during
  2017 - 2025.

7
Market Segmentation

• Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• In 2017, Asia-Pacific generated the maximum
  revenue accounting for 38.7 of the total market
  share and is likely to continue its dominance
  throughout the forecast period. The surging
  investment in infrastructure and rapid
  industrialization in China and India, due to the
  growing population has supported the APAC region.
  Also, the region is anticipated to grow with the
  fastest CAGR, owing to the acceptance of
  innovative technologies in the residential and
  non-residential organization

8
Top players in the market

• The key market players include
• Sandvik
• Joy Global
• Hitachi Co. Ltd.
• Atlas Copco
• AB Volvo
• Doosan Group
• Caterpillar Inc.
• Komatsu Ltd.
• Metso
• Liebherr Group, among others.

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