1. Market Research
  2. > Construction
  3. > Construction Equipment Market Trends
Construction Machinery Manufacturing: Global Markets to 2020

Construction Machinery Manufacturing: Global Markets to 2020

  • December 2017
  • 286 pages
  • ID: 5257943
  • Format: PDF
  • BCC Research


Table of Contents

• The global construction equipment manufacturing market should reach $230.9 billion by 2020 from $181.6 billion in 2016 at a compound annual growth rate (CAGR) of 6.2%, from 2016 to 2020.
• Asia Pacific construction equipment manufacturing market is expected to grow from $92 billion in 2016 to $122.9 billion in 2020 at a CAGR of 7.5% for the period 2016-2020.
• Western Europe construction equipment manufacturing market is expected to grow from $23.6 billion in 2016 to $28.5 billion in 2020 at a CAGR of 4.8% for the period 2016-2020.

Chapter 1: Introduction
BCC Research’s goal in performing this study was to determine the global market and future demand growth for construction equipment manufacturing over the five-year period from 2016 through 2020. Of particular focus was characterizing and quantifying the potential of the market for construction equipment manufacturing by geography, and product (i.e., earthmoving, material handling, and building & road construction equipment).

The report also evaluates the market across each geography. Opportunities in each type of geography have been discussed in detail. Factors that affect the market such as drivers, restraints, and trends have been discussed. The key objective was to present a comprehensive discussion of where the state-of-theart is in construction equipment manufacturing and forecast the future commercial potential for the key market segments.

This discussion provides a basis for companies to make strategic choices about developing new products and markets or deciding which applications are needed in their organizations. The study will benefit construction equipment manufacturers, providers of raw materials, users of construction equipment, construction companies, governments around the world, and others.

Study Goals and Objectives
- To sum up the global construction equipment manufacturing market size.
- To estimate the growth rate of the global construction equipment manufacturing market.
- To segment the market in the deepest possible way.
- To provide market numbers and growth rates at geographically.
- To identify major drivers and restraints.
- To identify key trends and technology updates in the field.

Reasons for Doing This Study
The demand for affordable housing in Asia and the Middle East was driven by rapid increase in millennial population in these regions. In addition, rising disposable income in emerging markets is driving the demand for residential and commercial buildings, thereby offering significant growth opportunities for construction equipment in the country. Global industry leaders and large organizations see an expanded role for increasing urbanization and public and private investments for building roads, highways, ports, railway network, dams, irrigation systems, airports, and bridges.

The global construction equipment manufacturing market is growing due to growing demand for residential construction, business operations, employment facilities, and recreational activities. In addition, growth in economy, government investments in infrastructure projects, and rising population is driving construction projects globally. These factors are expected to drive the construction equipment manufacturing market.

The market for construction equipment manufacturing is marginally consolidated with a few large players, dominating the market. Major players in the market include Caterpillar, Komatsu Ltd., Liebherr Group, Volvo Group, and others.

Scope of Report
This research report categorizes the construction equipment manufacturing market by type. Product type include earthmoving, material handling, and building & road construction equipment.

Information Sources
- Public information via annual reports to shareholders as well as other government reports that are available for public review.
- Company marketing information, advertising, company press releases, state and local news sources, and subscription-based information.
- Online research including third-party references.
- Trade associations, directories and publications.
- Telephone interviews with both current customers and prospects.
- Various private industry sources.

Research methodology followed in this report is a top-down approach. Various sources were used to arrive at the total market figure, which was broken down into various applications and sub markets based on primary and secondary data.

Both a quantitative and qualitative approaches were used to derive the market size and growth rates. Many secondary sources were reviewed and extensive primary research was conducted with key opinion leaders, marketing managers, product managers and end users.
Market numbers have been calculated in constant U.S. dollars.

Geographic Breakdown

In this report, the geographic regions considered for market analysis include, and only include:
- Asia Pacific
- North America
- South America
- Western Europe
- Eastern Europe
- Middle East
- Africa

Construction Machinery Manufacturing Market, by Segment
Material Handling
Building & Road Construction Equipment

Construction Machinery Manufacturing Market, by Region
Asia Pacific
North America
Western Europe
South America
Eastern Europe
Middle East Africa

Chapter 2: Summary and Highlights
Global construction equipment manufacturing market is currently in a very crucial phase of transformation. There is mounting pressure to reduce costs, improve quality and satisfy customers as it has been moving from a provider-driven model to a consumer-driven model. At the same time, developing economies, rapid urbanization, and public and private investments are driving the demand for construction equipment. These factors are, in turn, generating demand for construction equipment manufacturing to meet high expectations.

The market for construction equipment manufacturing reached a value of $182 billion in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 6.2% to $231 billion by 2020.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on