MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Construction Equipment Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Construction Equipment Market: 2024-2030
The Global Construction Equipment Market is valued at USD 156 billion in 2023 and is estimated to grow at a CAGR of around 3.01% during the forecast period, i.e., 2024-30.
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What are the primary factors driving the growth of the Global Construction Equipment Market?
Global Construction Equipment Market Driver
Growing Infrastructural Development Projects Worldwide – With the rapid upgrade in the number of developmental projects across different countries across the world, various private companies & governments are augmenting the demand for construction equipment for the development & construction of commercial & residential buildings. Moreover, countries like the US, China, and India, among others, are investing substantially in public infrastructure developments & exemplifying an accelerating demand for this equipment to facilitate tasks efficiently. In addition, snowballing the number of smart city projects is another crucial aspect contributing to the growing demand for construction equipment & stimulating the overall Construction Equipment Market expansion through 2030.
Global Construction Equipment Market Segmentation:
The Global Construction Equipment Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Type of Equipment
-Earthmoving Equipment – Market Size & Forecast 2019-2030, (Thousand Units)
-Excavator- Market Size & Forecast 2019-2030, (Thousand Units)
-Loaders – Market Size & Forecast 2019-2030, (Thousand Units)
-Bulldozers – Market Size & Forecast 2019-2030, (Thousand Units)
-Skid Steer Loaders- Market Size & Forecast 2019-2030, (Thousand Units)
-Motor Graders- Market Size & Forecast 2019-2030, (Thousand Units)
-Crawler Loader- Market Size & Forecast 2019-2030, (Thousand Units)
-Trenchers- Market Size & Forecast 2019-2030, (Thousand Units)
-Dump trucks- Market Size & Forecast 2019-2030, (Thousand Units)
-Others- Market Size & Forecast 2019-2030, (Thousand Units)
-Material Handling Equipment- Market Size & Forecast 2019-2030, (Thousand Units)
-Cranes- Market Size & Forecast 2019-2030, (Thousand Units)
-Forklift- Market Size & Forecast 2019-2030, (Thousand Units)
-Tipper- Market Size & Forecast 2019-2030, (Thousand Units)
-Others- Market Size & Forecast 2019-2030, (Thousand Units)
-Other Construction Equipment- Market Size & Forecast 2019-2030, (Thousand Units)
-Road Roller -Market Size & Forecast 2019-2030, (Thousand Units)
-Diesel Generator-Market Size & Forecast 2019-2030, (Thousand Units)
-Others Market Size & Forecast 2019-2030, (Thousand Units)
By Application
-Power & Utilities- Market Size & Forecast 2019-2030, (Thousand Units)
-Mining – Market Size & Forecast 2019-2030, (Thousand Units)
-Hospitality- Market Size & Forecast 2019-2030, (Thousand Units)
-Residential- Market Size & Forecast 2019-2030, (Thousand Units)
-Healthcare & Educational- Market Size & Forecast 2019-2030, (Thousand Units)
-Roads & Highway- Market Size & Forecast 2019-2030, (Thousand Units)
-Manufacturing Units- Market Size & Forecast 2019-2030, (Thousand Units)
-Other- Market Size & Forecast 2019-2030, (Thousand Units)
By Power Output
-Less than 100 HP- Market Size & Forecast 2019-2030, (Thousand Units)
-101-200 HP- Market Size & Forecast 2019-2030, (Thousand Units)
-201-400 HP- Market Size & Forecast 2019-2030, (Thousand Units)
-More than 400 HP- Market Size & Forecast 2019-2030, (Thousand Units)
By Propulsion
-Diesel- Market Size & Forecast 2019-2030, (Thousand Units)
-Gas – Market Size & Forecast 2019-2030, (Thousand Units)
-CNG -Market Size & Forecast 2019-2030, (Thousand Units)
-LPG -Market Size & Forecast 2019-2030, (Thousand Units)
-Electric- Market Size & Forecast 2019-2030, (Thousand Units).
Geographical Analysis into the Global Construction Equipment Market:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/global-construction-equipment-market.html
Competitive Landscape and Global Construction Equipment Market Share Analysis:
The competitive landscape of the Global Construction Equipment Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Caterpillar, Volvo, Komatsu, CNH Industrial, Liebherr, Hitachi Construction, John Deere, Dooson, JCB, Terex, CEAT Limited, Others.
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Construction Equipment Market growth?
- How is the Global Construction Equipment Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Construction Equipment Market?
- What is the current size of the Global Construction Equipment Market, and how is it projected to change in the future?
- What is the future outlook for the Global Construction Equipment Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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