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Global Construction Equipment Market: Trends and Opportunities (2016-2020)

  • April 2016
  • 58 pages
  • Daedal Research
Report ID: 3756779

Summary

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Scope of the Report

The report titled “Global Construction Equipment Market: Trends and Opportunities (2016-2020)” provides an in depth analysis of global construction equipment market with description of market overview, demand of construction equipments, market sizing and growth, top players of the market and market share broken down by country. The report also focused on the opportunities available for the market and the key factors that will be accountable for the growth in the market in coming years.

The market size and forecast in value terms has been provided for the period 2015 to 2019 considering 2015 as the base year. The report also provides the compound annual growth rate (%CAGR) for the forecasted period 2016 to 2020. The construction equipment market is predicted to grow but at a slow pace for the next few years. The growth in the market has been driven by increasing construction and mining activities.

The report summarizes the global construction equipment market in terms of market value, volume, global demand of construction equipments, regional market share and top players etc. The report also delivers detailed information regarding the emerging trends of the market, challenges faced by global construction equipment market and the key growth drivers of the market.

Major factors driving the growth of the market are increasing infrastructural and mining activities, increasing spending on construction activities and increased investment of government in infrastructure sector etc. But in coming years it is predicted that the market has to face several challenges which hindered the growth of the market. Some of the major challenges before the market are unpredicted prices of raw materials, uncertainty in economic condition, enforcement of emission control norms and changing customer demand and expectation etc.

The report also provides detailed country analysis of North America, Europe and China with their actual and forecasted market size. North American countries have the largest stake in the global construction equipment market. Among the Asian countries, China is the biggest market for construction equipments. But in coming years Chinese construction equipment market is predicted to decline.

The report shows the competitive landscape of the construction equipment market. The global construction equipment market remains crowded, comprised of two major global players: Caterpillar and Komatsu, and a large number of small players either by product type or by geography. Caterpillar Inc. is the market leader of construction equipment market globally in terms of revenue and other aspects also.

In addition to above all aspects, report also profiles key market player such as Caterpillar Inc., Komatsu Ltd., Hitachi Construction Machinery Group and Volvo construction equipment on the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

Country Coverage

North America
Europe
China

Company Coverage

Caterpillar Inc.
Komatsu Ltd.
Hitachi Construction Equipment Group
Volvo Construction Equipment

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