Construction Equipment market Construction equipment is specially designed machineries for construction activities in both urban and rural areas. Cement machinery, lifting machinery, decoration machinery, pile driving machinery among others are some of the most common type of the construction equipment. These machines are very useful as it reduces labour time and also saves money. This equipment is widely used in manufacturing, mining, public works and rail roads, forestry and others.
Global construction equipment market is expected to rise to an estimated value by registering a substantial CAGR of 5.1% in the forecast period of 2019-2026. Growth in industrial and commercial development and economic growth is enhancing the market growth.
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Market Drivers and Restraints:
Rising investment in infrastructure is the factor driving the growth of this market
Increasing number of smart city projects is driving the market growth
Technological advancement and development is another important factor driving the market growth
Growing demand of small and large excavators, backhoe loaders and other heavy construction equipment from developing countries is a driver for this market
High cost of the oil will also restrain market growth
High price of the equipment is another important factor hindering the market growth
The major players covered in the Construction Equipment Market
Few of the major competitors currently working in global construction equipment market are Caterpillar, AB Volvo, Komatsu Ltd, CNH Industrial N.V., Liebherr Group, Hitachi Construction Machinery Co., Ltd., Terex Corporation., Deere & Company., Zoomlion Heavy Industry Science&Technology Co., Ltd., Atlas Copco (India) Ltd, Sandvik AB, WIRTGEN GROUP, Ammann Group, Manitowoc, ASTEC INDUSTRIES, INC., Doosan Corporation, XCMG Group, Hyundai Heavy Industries Co., Ltd. and SANY GROUP among others.
MAJOR TOC OF THE REPORT
Chapter One: Construction Equipment market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Construction Equipment market Competition, by Players
Chapter Four: Global Construction Equipment market Size by Regions
Chapter Five: North America Construction Equipment market Revenue by Countries
Chapter Six: Europe Construction Equipment market Revenue by Countries
Chapter Seven: Asia-Pacific Construction Equipment market Revenue by Countries
Chapter Eight: South America Construction Equipment market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Construction Equipment market
Analysis of market effect factors and their impact on the forecast and outlook of the global Construction Equipment market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Construction Equipment market
A roadmap of growth opportunities available in the global Construction Equipment market with the identification of key factors
The exhaustive analysis of various trends of the global Construction Equipment market to help identify market developments
Key Questions Answered in Report:
What is the key to the Construction Equipment market?
What will the Construction Equipment market Demand and what will be Growth?
What are the latest opportunities for Construction Equipment market in the future?
What are the strengths of the key players?
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