Construction Equipment Market Development Trends and Growth Drivers Analysis by 2024 - PowerPoint PPT Presentation

About This Presentation
Title:

Construction Equipment Market Development Trends and Growth Drivers Analysis by 2024

Description:

Global Market Insights recently introduced new title on 2019-2024 Global Construction Equipment Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024. – PowerPoint PPT presentation

Number of Views:41
Slides: 7
Provided by: vinayak.shinde
Category:

less

Transcript and Presenter's Notes

Title: Construction Equipment Market Development Trends and Growth Drivers Analysis by 2024


1
Construction Equipment Market Application
Regional Analysis over 2019 - 2024
  • In European countries, the increasing involvement
    of the regional governments in infrastructure
    development has been generating lucrative
    opportunities for the construction equipment
    market contenders. More precisely, the shifting
    focus of governments and regulatory bodies toward
    the deployment of renewable energy facilities
    along with the implementation of smart city
    development programs have been tremendously
    pushing the need for construction equipment.
  • In line with the rapidly growing number of
    construction activities, the sales of
    construction and earthmoving equipment across UK
    grew considerably in the second quarter of 2018
    as compared to the same period in 2017. Driven by
    the growing demand for construction machinery
    along with the rapidly propelling infrastructural
    development activities, construction equipment
    market will surpass a revenue collection of USD
    170 billion by the end of 2024.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
  • Construction Equipment Market Scenario
  • The rise in the sales of construction equipment
    across European countries has been encouraging
    leading product manufacturers to invest in
    research and development activities to launch new
    product portfolios. In addition, many
    construction and earthmoving equipment
    manufacturers have been focusing on expanding
    their regional footprints with mergers and
    acquisitions as well as with new facility
    establishments.
  • Validating the aforementioned fact, a few days
    before, Molson, one of UKs construction
    equipment specialists, secured a 6.3 million
    investment from UKs most active investment
    company, BGF. With the help of this investment,
    it is planning to expand its sales and aftersales
    services of construction equipment across UK.
    Additionally, it is looking forward to
    constructing a new parts center and extra depots
    as well.
  • The changing focus of construction equipment
    suppliers toward establishing long-term
    relationships with customers and renowned OEMs is
    poised to boost industry growth over the years
    ahead. The adoption of frequent facility and
    dealer network expansion strategies is also
    deemed to emerge highly beneficial for the
    players in construction equipment industry.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Request for a Sample Copy of this Report
_at_https//www.gminsights.com/request-sample/detail
/2803
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
  • Regional Analysis
  • The Asia Pacific construction equipment market
    will witness a strong growth owing to the growing
    government focus toward the construction sector.
    Initiatives, such as Make in India and Made in
    China 2025, supporting the infrastructure sector
    will favor the industry growth. Initiation of
    projects, such as South-North Water Transfer
    Project in China, will propel the industry demand
    in the region. The development of smart city
    projects in Singapore will surge the demand for
    high-performance machinery.
  • Competitive Analysis
  • In addition to capacity expansion, Molson and BGF
    plan to work on further acquisitions.
    Incidentally, Molson has already secured the
    distribution rights of the Terex Finlay machinery
    for Wales, England, and the Channel Islands. The
    combined approach of service providers and
    financial companies to invest in the improvement
    of existing infrastructure is certain to
    influence Europe construction equipment market
    trends.

Make An Inquiry To Purchase This Report _at_
https//www.gminsights.com/inquiry-before-buying/
2803
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report On Construction Equipment
Market _at_ https//www.gminsights.com/industry-anal
ysis/construction-equipment-market Request for
sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
2803 Request for customization
https//www.gminsights.com/roc/2803
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com
Write a Comment
User Comments (0)
About PowerShow.com