Market outlook of the construction
equipment market in the APAC region
Construction equipment includes
machines that are used to perform various tasks on the construction site such
as hoisting, excavating, hauling, paving, grading, and drilling. Rapid
urbanization in this region has resulted in the development of infrastructure
projects such as highways, railroads, and ports. The increasing construction of
such infrastructure projects is estimated to foster growth in this market
during the forecast period and is envisaged to result in its impressive CAGR of
more than 17% by 2019.
Publisher market research analysts
have estimated eminent factors, such as the increase in real estate
development, to drive market growth during the forecast period. Investments in
real estate are expected to grow during the forecast period owing to factors
like low-interest rates and the strengthening global economic environment. The
APAC regions steady economic growth is another significant factor that is
expected to propel market growth during the forecast period.
Segmentation by type and analysis
of - road and concrete equipment, material handling equipment
In this market study, Technavios
market research analyst estimates the road and concrete equipment segment to
show the highest market growth rate during the forecast period. Increasing
government investments in road and railway projects is a critical factor that
augments growth in this segment and results in its impressive market growth
rate of more than 23% by 2019.
This industry research report
offers an analysis of each of the following sectors and discusses its effect on
the overall market growth -
- Road and concrete equipment
- Material-handling equipment
- Earthmoving equipment
Competitive landscape and key
vendors - Caterpillar, Hitachi Construction Machinery
This market is characterized by
the presence of a competitive business environment and consists of
well-diversified international, regional, and local vendors. The regional and
local vendors offer customized construction equipment at cost-effective prices,
whereas the large vendors offer equipment that are high quality and feature
rich.
Key vendors in this market are
-
- Caterpillar
- Hitachi Construction Machinery
- Sany
- Volvo Construction
- Zoomlion
Other prominent vendors analyzed
in this market study are XCMG, TerexCase, Komatsu, Bobcat, Liebherr, Doosan
Infracore, Guangxi Liugong Machinery, Escorts Construction, JCB Construction,
Gehl, Deere and Company, and KOBELCO Construction Machinery.
Growth drivers, challenges, and
upcoming trends - Construction equipment
The market research analyst has
estimated upcoming factors, such as the advent of attractive financing options,
to bolster market growth during the period of 2014 and 2019. As the ownership
of construction equipment involves high initial investment, manufacturers are
providing attractive financing options like flexible payment terms to increase
their sales. The availability of such financing options allows companies to own
the equipment with minimal impact on their budget and, therefore, results in
market growth during the forecast period.
This report provides a number of
factors contributing to the adoption, limitations, and opportunities of the
construction equipment market in the APAC region. It also offers an analysis of
each factor and an estimation of the extent to which the factors are likely to
impact the overall market growth.
Key questions answered in the
report include
- What will the market size and the growth rate be in 2019
- What are the key factors driving the construction equipment market in the APAC region
- What are the key market trends impacting the growth of the construction equipment market in the APAC region
- What are the challenges to market growth
- Who are the key vendors in the construction equipment market in the APAC region
- What are the market opportunities and threats faced by the vendors in the construction equipment market in the APAC region
- Trending factors influencing the market shares of APAC
- What are the key outcomes of the five forces analysis of the construction equipment market in the APAC region
Spanning over 60
pages and 26 Exhibit “Construction
Equipment Market in the APAC Region 2015 - 2019” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
Overview, Market Landscape, Market segmentation by type, Key leading countries,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
Find more information Visit at: http://mrr.cm/ozY
Find all Construction
report
at : http://www.marketresearchreports.com/construction
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