Heavy Construction Equipment Market Size & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Heavy Construction
Equipment Market. Market Insights The global
heavy construction equipment market is expected
to grow at a CAGR of 8.01 over the forecast
period. This growth is mainly attributed to
rising construction activities in developing
countries globally. Along with this, growing
trend of urbanization coupled with increasing
investment in infrastructure is also likely to
stimulate market growth. Moreover, rising number
of government initiatives to improve facilities
globally is expected to augment the market
growth over the coming years. The increased
spending on non-residential private construction
globally is also anticipated to foster the market
growth. However, factors such as weak economic
conditions and stringent government regulations
against the use of heavy construction equipment
are projected to affect the profitability of
market.
Heavy Construction Equipment Market Type
Insights On the basis of type, the industry is
segmented into earthmoving equipment, material
handling, and heavy construction vehicles among
others. The earthmoving equipment is further
segregated into crawler excavators, mini
excavators, wheeled excavators wheeled loaders,
skid-steer loaders, dozers and motor graders
among others. The market for material handling
machinery such as cranes, forklifts and dumpers
are expected to occupy the highest share owing to
increasing investment in infrastructure by
government in developing countries. The
eathmoving machinery segment is also projected to
grow considerably over the years on account of
rising development of transport infrastructure in
countries such as India, Indonesia and Malaysia.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Heavy Construction Equipment Market
Vertical Insights On the basis of vertical, the
market is segmented into construction
manufacturing, oil gas, public work rail
road and mining among others. Out of these,
construction manufacturing segment is
anticipated to record the highest growth over the
forecast period owing to increasing public
private investment for improving the
infrastructure in various developing
countries. Heavy Construction Equipment Market
Application Insights Heavy Construction
equipment finds its application in excavation
demolition, heavy lifting, tunnelling,
transportation, and recycling waste management.
The excavation demolition segment is
anticipated to dominate the market over the
forecast period owing to increasing mining
activities. Moreover, rising incidence of natural
calamities is also projected to lead to an
increase in application of excavators. Heavy
Construction Equipment Market Regional
Insights Asia Pacific accounted for a
significant market share in 2016. This can be
attributed to increasing number of residential
and non-residential projects coupled with
presence of key manufacturers in this region.
Along with this, rising population and disposable
income of consumers are also likely to favor the
market. Demand is expected to arise from
countries such as India and China among
others. Middle East and Latin America are also
expected to emerge as a key revenue generating
regions. This can be associated with rising
infrastructural development.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• Heavy Construction Equipment Market Vendor
  Landscape
• The report contains a chapter dedicated to
  vendors operating in the market, covering raw
  material manufactures, equipment developers,
  manufacturers, and distributors. The report
  provides these insights on a regional level.
  This section of the report entails contact
  details, experience, products manufactured/suppli
  ed, and geographical presence of companies.
• Heavy Construction Equipment Market End-Use
  Landscape
• The end-use landscape entails a list of current
  and prospective consumers prevailing across the
  regions. This section provides company addresses,
  contact details, products, and regional presence
  of companies who are purchasing or are likely to
  purchase heavy construction equipment over the
  coming years. Some leading consumers of this
  market are Royal Dutch Shell, Skanska, and
  Hochtief.
• Heavy Construction Equipment Market Market Share
  Competitor Analysis
• The key players profiled in the heavy
  construction equipment include Caterpillar Inc.,
  CNH Industrial N.V., Liebherr AG, Sany Heavy
  Equipment International Holdings Co. Ltd, Terex
  Corporation, JCB Ltd, Volvo Construction
  Equipment, Hitachi Construction Machinery Co.
  Ltd., Doosan Infracore Ltd., and Komatsu Ltd.
• The report segments the Heavy Construction
  Equipment Market Size on the basis of By Type
• Earthmoving Equipment
• Material Handling Equipment

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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• By Application
• Excavation Demolition
• Heavy Lifting
• Tunneling
• Transportation
• Recycling Waste Management
• By Region
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa