Global Construction Equipment Market to grow at a CAGR of 11.55% during the period 2016 - 2020; Finds New Report

Report forecast the global construction equipment market to grow at a CAGR of 11.55% during the period 2016 - 2020.

Construction equipment is used to perform multiple tasks on the construction site such as hoisting, excavating, hauling, paving, grading, and drilling. Construction equipment has many uses in the building and realty sector. This type of equipment includes excavators, loaders, construction tractors, graders, rollers, scrapers, conveyors, cranes, compactors, and pavers.

The report covers the present scenario and the growth prospects of the global construction equipment market for 2016-2020. To calculate the market size, we have considered the revenue generated by the sale of construction equipment worldwide. Also, as part of the scope for the report, we have considered the end use of construction equipment in the infrastructure and residential construction sectors only. 

Based on geography, the report is segmented as follows:

• Americas
• APAC
• Europe, the Middle East, and Africa (EMEA)

Global Construction Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, rapid urbanization results in the development of infrastructure such as highways, railroads, and ports. This, in turn, leads to a rise in the demand for construction equipment. Increased investment in real estate development worldwide because of low interest rates and economic recovery is fueling market growth.

Further, the report states that adherence to industry regulations is a major challenge faced by the market.

Key players in the Global Construction Equipment Market:  Caterpillar, Deere, Komatsu, Terex and Volvo

Other Prominent Vendors in the market are: CNH Industrial, Doosan Infracore, Manitou Americas, Guangxi Liugong Machinery, Hidromek, JCB, Guangxi Liugong Machinery, Lonking Holdings, Sany Heavy Industry, Shantui Construction Machinery, Sumitomo Heavy Industries, XCMG, and Xiamen XGMA Machinery.

Market driver

• Growth in high-rise building construction
• For a full, detailed list, view our report

Market challenge

• Ability to meet changing customer demands and expectations
• For a full, detailed list, view our report

Market trend

• Increased demand for energy-efficient construction equipment
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 46 pages “Global Construction Equipment Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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