09 September 2020
Visiongain’s new report the Construction Equipment Market Report : Forecasts by Application (Infrastructure, Commercial Buildings, and Residential Buildings), by Power Output (<100 Hp Construction Equipment, 101–200 Hp Construction Equipment, 201–400 Hp Construction Equipment, and >400 Hp Construction Equipment), by Equipment Category (Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, and Other Equipment), by Region, Country and Profiles of Leading Companies.
The lead analyst of the report said: "The construction equipment market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of construction equipment.
Construction equipment is used for construction operations on construction sites. The equipment is used for various functions which include hauling, grading, excavating, drilling, and paving. The equipment consists of a dump truck, loader, dozer, excavator, grader, scraper, and roller with different power output and loading capacity.
Growing construction industry, increase in government spending in public and private construction, growing application in the construction industry, increase in demand for an efficient and effective mode of operation, increase in infrastructure projects in smart cities, rapid urbanization, and increase in the spending capacity of an individual, and growing budget of infrastructure development in developing countries are the key factors which drive the growth of construction equipment market during the forecast period. Furthermore, the growing demand for connected and autonomous construction equipment and the rise in number of rental service providers are the key opportunities for the manufacturers in the market during the forecast period.
The 210 page report contains 137 tables and 361 graphs that add visual analysis in order to explain developing trends within the construction equipment market. Visiongain reports showcased a growth of $ XX bn during the forecast period 2020-2030 for the construction equipment submarkets, namely by power output, application, and equipment category.
The 210 page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in construction equipment.
• VOLVO CONSTRUCTION EQUIPMENT
• CNH INDUSTRIAL
• HITACHI CONSTRUCTION MACHINERY
• JOHN DEERE
• ATLAS COPCO AB
• Sandvik Group
• WIRTGEN GROUP
The global construction equipment market 2020-2030 report will be of value to anyone who wants to better understand the construction equipment market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the construction equipment industry.
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