Infrastructure to be the fastest-growing application in construction equipment market

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Construction Equipment Market by Type (Excavator
- Crawler and Mini, Loader - Backhoe, Skid-steer,
Wheeled and Other Equipment), Category, Emission
Regulation, Aftertreatment Device, Power Output,
Application, Rental Equipment, and Region -
Global Forecast to 2025
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Infrastructure to be the fastest-growing
application in construction equipment
market Infrastructure is the fastest-growing
application of construction equipment. It is
expected to drive the market. This growth can be
attributed to the upcoming construction projects
around the globe, primarily in developing nations
such as China and India. Additionally, major
events such as the FIFA World Cup in 2018 in
Russia and in 2022 in Qatar is likely to drive
the demand for construction equipment in these
regions. PDF Brochure https//www.marketsan
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Crawler Excavator equipment to be the largest
segment of the construction equipment market A
reasonable growth is shown by crawler excavator
equipment during the forecast period. The high
demand for this construction equipment is
attributed to its benefits such as ease of use
and an ability to perform multiple operations in
construction activities. Wheeler loader is
projected to be the second-largest construction
equipment segment during the forecast
period. The construction equipment market is
dominated by a few global players and comprises
several regional players. Some of the key
manufacturers operating in the market are
Caterpillar (US), Hitachi Construction Equipment
(Japan), Terex (US), Komatsu (Japan), and
Liebherr (Switzerland). Request for
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Road roller is the fastest growing equipment in
the market by equipment type. Its increasing use
can be attributed to the increasing need for
roads in developing countries such as India and
China along with major road development projects
such as ChinaPakistan Economic Corridor (CPEC),
which aims to connect China with Central Asia and
create a modern silk route. The tier-5 emission
regulation engines are projected to have the
largest market share, by emission regulation, of
construction equipment by 2025. The countries in
North America such as Canada, the US, and Mexico
are speculated to have enforced these regulations
by 2025. Additionally it is speculated that Japan
will also follow these regulations once they are
in effect. Request Sample _at_
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Asia Pacific to remain the largest market for
construction equipment over the forecast
period The Asia Pacific region includes key
countries such as China, Japan, and India. The
construction equipment market in the region is
expected to remain the largest owing to the
increase in infrastructural development projects
and population migration from rural to urban
areas. Robust economic growth, along with
increasing need for housing and office spaces
will be boosting the construction activities
across the Asia Pacific region. Major players
covered in the construction equipment market
study are Caterpillar (US), Komatsu (Japan),
Terex (US), CNH Industrial (the Netherlands),
Liebherr (Switzerland), JCB (UK), and Hitachi
Construction Machinery (HCM). Speak to analyst
_at_ https//www.marketsandmarkets.com/speaktoanalyst
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Market Ecosystem Major players in the
construction equipment market are Caterpillar
(US), Volvo Construction Equipment (Sweden), CNH
Industrial (the Netherlands), Komatsu (Japan),
John Deere (US), Liebherr (Switzerland), Terex
(the US), Hitachi Construction Equipment (Japan),
JCB (the UK), and Zoomlion (China). Buy Now
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Browse gtgt 168 market data
tables 53 figures
228 pages and in-depth TOC on
 "Construction Equipment Market by Type
(Excavator - Crawler and Mini, Loader - Backhoe,
Skid-steer, Wheeled and Other Equipment),
Category, Emission Regulation, Aftertreatment
Device, Power Output, Application, Rental
Equipment, and Region - Global Forecast to
2025 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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