Heavy Construction Equipment Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, and Forecast to 2027
Construction Heavy Equipment market size was valued at 1,71,667.0 million US$ in 2019 and is expected to reach 2,40,496.0 million US$ by 2027, registering a CAGR of 4% from 2021 to 2027. Factors such as geographic expansion of emerging markets and adoption of construction heavy equipment provide lucrative opportunities for market players over the next decade. Other factors driving the construction heavy equipment market are rapid urbanization and increased investment in the construction and manufacturing industries.
Heavy Construction Equipment Market – Segmentation
By Equipment Type
- Earthmoving
- Material Handling
- Heavy Construction Vehicles
- Others
By Enduser
- Infrastructure
- Construction
- Mining
- Oil & Gas
- Manufacturing
- Others
By Application
- Excavation & Demolition
- Heavy Lifting
- Tunnelin
- Material Handling
- Recycling & Waste Management
Key Players
- AB Volvo
- Caterpillar Inc.
- CNH
- Deere & Company,
- Doosan Infracoe
- Hitachi Machinery Construction,
- JCB
- Komatsu
- Liebherr AG
- Sany
Geographic Coverage
- North America Market Size and/or Volume
- Latin America Market Size and/or Volume
- Europe Market Size and/or Volume
- Asia-Pacific Market Size and/or Volume
- Rest of the world Market Size and/or Volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Heavy Construction Equipment Market Report
- What was the Heavy Construction Equipment Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Heavy Construction Equipment Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Heavy Construction Equipment Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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