Latin America Heavy Construction Equipment Market by Equipment - Opportunity Analysis and Industry Forecast, 2016-2022

  • ID: 4333230
  • Report
  • Region: Latin America
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Ab Volvo
  • Atlas Copco
  • Caterpillar Inc.
  • Cnh Industrial N.V.
  • Doosan Infracore Co. Ltd.
  • Komatsu Ltd.
  • MORE
Increased focus on workplace safety, growth in construction industry, and rise in mining activities have led to surge in demand for heavy construction equipment in Latin America. The Latin America heavy construction equipment market was valued at $4,310 million in 2016, and is expected to reach $6,391 million by 2022, registering a CAGR of 6.8% from 2016 to 2022.

The Latin America heavy construction equipment market is driven by rapid urbanization, recovery from construction sector, and surge in public–private relationships. In addition, development of low-emission and energy-efficient equipment is expected to boost the Latin America heavy construction equipment market growth. However, fluctuation in oil prices, increased carbon footprint, and weak economic conditions are expected to hamper the Latin America heavy construction equipment market growth.

The Latin America heavy construction equipment industry is segmented on the basis of equipment, application, end user, and country. Based on equipment, it is divided into earthmoving, material handling, heavy construction vehicles, and others. Earthmoving equipment is further elaborated into excavators, loaders, backhoe loaders, and motor graders. Material handling equipment is further classified into crane and telescopic handlers whereas heavy construction vehicles are divided into dumpers, tippers, and others (compactors and pavers). By application, the Latin America heavy construction equipment market is categorized into excavation & demolition, heavy lifting, material handling, tunneling, and recycling & waste management. Based on end user, Latin America heavy construction equipment market is categorized into infrastructure, mining, construction, oil & gas, manufacturing, and others. The market is analyzed across Brazil, Argentina, Chile, Colombia, Peru, rest of South America, and Central America.

The report includes comprehensive analysis of the key players such as AB Volvo, Caterpillar Inc., Komatsu Ltd., Doosan Infracore Co. Ltd., Hitachi Construction Machinery Co. Ltd., JC Bamford Excavators Ltd. (JCB), Liebherr Group, CNH Industrial N.V., Atlas Copco, and Terex Corporation.

KEY BENEFITS FOR STAKEHOLDERS

This report provides an in-depth analysis of the Latin America heavy construction equipment market to identify the potential investment pockets.
It outlines the current trends and future scenarios to determine the overall Latin America heavy construction equipment market potential and gain stronger market foothold.
Key drivers, restraints, opportunities, and their detailed impact analysis are elucidated.
Quantitative analysis of the market from 2014 to 2022 is highlighted to recognize the financial competency of the market.
Porter’s Five Forces model illustrates the threat of new entrants and substitutes and strength of the buyers and suppliers.

KEY MARKET SEGMENTS

BY EQUIPMENT

Earthmoving
Excavators
Loaders
Backhoe Loaders
Motor Graders
Material Handling
Cranes
Telescopic Handlers
Heavy Construction Vehicles
Dumpers
Tippers
Others
Compactors
Pavers

By Application

Excavation & Demolition
Heavy Lifting
Material Handling
Tunneling
Recycling & Waste Management

By End User

Infrastructure
Construction
Mining
Manufacturing
Oil & Gas
Others

By Country

Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Central America

KEY PLAYERS

AB Volvo
Caterpillar Inc.
Komatsu Ltd.
Doosan Infracore Co. Ltd.
Hitachi Construction Machinery Co. Ltd.
JC Bamford Excavators Ltd. (JCB)
Liebherr Group
CNH Industrial N.V.
Atlas Copco
Terex Corporation
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Ab Volvo
  • Atlas Copco
  • Caterpillar Inc.
  • Cnh Industrial N.V.
  • Doosan Infracore Co. Ltd.
  • Komatsu Ltd.
  • MORE
CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining powers of suppliers
3.3.2. Bargaining powers of buyers
3.3.3. Threat of substitution
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry

3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Recovery of construction sector
3.4.1.2. Surge in public-private partnerships
3.4.1.3. Rapid urbanization

3.4.2. Restraints

3.4.2.1. Increase in carbon footprint
3.4.2.2. Fluctuating oil prices
3.4.2.3. Weak economic conditions

3.4.3. Opportunities

3.4.3.1. Development of low emission, fuel-efficient equipment

CHAPTER 4 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT

4.1. OVERVIEW

4.1.1. Market size and forecast (supply side)
4.1.2. Market size and forecast (demand side)

4.2. EARTHMOVING EQUIPMENT

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast (Supply side)
4.2.4. Market size and forecast (Demand side)

4.2.4.1. Excavators

4.2.5. Market size and forecast (Supply side)
4.2.6. Market size and forecast (Demand side)

4.2.6.1. Loaders

4.2.7. Market size and forecast (Supply side)
4.2.8. Market size and forecast (Demand side)

4.2.8.1. Backhoe loaders

4.2.9. Market size and forecast (Supply side)
4.2.10. Market size and forecast (Demand side)

4.2.10.1. Motor graders

4.2.11. Market size and forecast (Supply side)
4.2.12. Market size and forecast (Demand side)

4.3. MATERIAL HANDLING EQUIPMENT

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast (Supply side)
4.3.4. Market size and forecast (Demand side)

4.3.4.1. Cranes

4.3.5. Market size and forecast (Supply side)
4.3.6. Market size and forecast (Demand side)

4.3.6.1. Telescopic handlers

4.3.7. Market size and forecast (Supply side)
4.3.8. Market size and forecast (Demand side)

4.4. HEAVY CONSTRUCTION VEHICLES

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast (Supply side)
4.4.4. Market size and forecast (Demand side)

4.4.4.1. Dumpers

4.4.5. Market size and forecast (Supply side)
4.4.6. Market size and forecast (Demand side)

4.4.6.1. Tippers

4.4.7. Market size and forecast (Supply side)
4.4.8. Market size and forecast (Demand side)

4.5. OTHERS

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast (Supply side)
4.5.4. Market size and forecast (Demand side)

4.5.4.1. Compactors

4.5.5. Market size and forecast (Supply side)
4.5.6. Market size and forecast (Demand side)

4.5.6.1. Pavers/Asphalt finishers

4.5.7. Market size and forecast (Supply side)
4.5.8. Market size and forecast (Demand side)

CHAPTER 5 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION

5.1. OVERVIEW

5.1.1. Market size and forecast (Supply side)
5.1.2. Market size and forecast (Demand side)

5.2. EXCAVATION & DEMOLITION

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast (Supply side)
5.2.4. Market size and forecast (Demand side)

5.3. HEAVY LIFTING

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast (Supply side)
5.3.4. Market size and forecast (Demand side)

5.4. TUNNELING

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast (Supply side)
5.4.4. Market size and forecast (Demand side)

5.5. MATERIAL HANDLING

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast (Supply side)
5.5.4. Market size and forecast (Demand side)

5.6. RECYCLING & WASTE MANAGEMENT

5.6.1. Key market trends
5.6.2. Key growth factors and opportunities
5.6.3. Market size and forecast (Supply side)
5.6.4. Market size and forecast (Demand side)

CHAPTER 6 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USER INDUSTRY

6.1. OVERVIEW

6.1.1. Market size and forecast (Supply side)
6.1.2. Market size and forecast (Demand side)

6.2. INFRASTRUCTURE

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast (Supply side)
6.2.4. Market size and forecast (Demand side)

6.3. CONSTRUCTION

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast (Supply side)
6.3.4. Market size and forecast (Demand side)

6.4. MINING

6.4.1. Key trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast (Supply side)
6.4.4. Market size and forecast (Demand side)

6.5. OIL & GAS

6.5.1. Key trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast (Supply side)
6.5.4. Market size and forecast (Demand side)

6.6. MANUFACTURING

6.6.1. Key trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast (Supply side)
6.6.4. Market size and forecast (Demand side)

6.7. OTHERS (FORESTRY & AGRICULTURE)

6.7.1. Key trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size and forecast (Supply side)
6.7.4. Market size and forecast (Demand side)

CHAPTER 7 LATIN AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY

7.1. INTRODUCTION

7.1.1. Market size and forecast (Supply side)
7.1.2. Market size and forecast (Demand side)

7.2. BRAZIL

7.2.1. Market size and forecast (Supply side)
7.2.2. Market size and forecast (Demand side)

7.3. ARGENTINA

7.3.1. Market size and forecast (Supply side)
7.3.2. Market size and forecast (Demand side)

7.4. COLOMBIA

7.4.1. Market size and forecast (Supply side)
7.4.2. Market size and forecast (Demand side)

7.5. CHILE

7.5.1. Market size and forecast (Supply side)
7.5.2. Market size and forecast (Demand side)

7.6. PERU

7.6.1. Market size and forecast (Supply side)
7.6.2. Market size and forecast (Demand side)

7.7. REST OF SOUTH AMERICA

7.7.1. Market size and forecast (Supply side)
7.7.2. Market size and forecast (Demand side)

7.8. CENTRAL AMERICA

7.8.1. Market size and forecast (Supply side)
7.8.2. Market size and forecast (Demand side)

CHAPTER 8 COMPANY PROFILES

8.1. AB VOLVO

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves & developments, 2014-2016

8.2. CATERPILLAR INC.:

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.2.6. Key strategic moves & developments, 2014-2016

8.3. KOMATSU LTD.

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. Key strategic moves & developments, 2014-2016

8.4. DOOSAN INFRACORE CO. LTD.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. Key strategic moves & developments, 2014-2016

8.5. HITACHI CONSTRUCTION MACHINERY CO. LTD.:

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.5.6. Key strategic moves & developments, 2014-2016

8.6. JC BAMFORD EXCAVATORS LTD. (JCB)

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments, 2014-2016

8.7. LIEBHERR GROUP

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating business segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. Key strategic moves & developments, 2014-2016

8.8. CNH INDUSTRIAL N.V

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating business segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. Key strategic moves & developments, 2014-2016

8.9. ATLAS COPCO

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating business segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. Key strategic moves & developments, 2014-2016

8.10. TEREX CORPORATION

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating business segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. Key strategic moves & developments, 2014-2016
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ab Volvo
  • Atlas Copco
  • Caterpillar Inc.
  • Cnh Industrial N.V.
  • Doosan Infracore Co. Ltd.
  • Komatsu Ltd.
  • MORE
According to a new report titled, Latin America Heavy Construction Equipment Market by Equipment, Application, and End User: Opportunity Analysis and Industry Forecast, 2014-2022", the Latin America heavy construction equipment market size was valued at $4,310 million in 2016, and is projected to reach $6,391 million by 2022, growing at a CAGR of 6.8% from 2016 to 2022. The construction segment accounted for the dominant share of total heavy construction equipment market in 2016.

The heavy construction equipment comprises heavy-duty vehicles, which are specifically designed for use in various construction operations such as drilling, hauling, excavating, paving, and grading. The market players in the Latin America heavy construction equipment industry cater to various end-user industries including manufacturing, oil & gas, forestry, mining, construction, and infrastructure. Heavy construction equipment manufacturers focus on designing high-quality products that have high-performance and efficiency. The prominent players have introduced advanced heavy construction equipment, which adhere to the government norms and cater to the demand from these end users.
The key factors that drive the Latin America heavy construction equipment market include recovery of construction sector, surge in public-private partnerships, and rapid urbanization. However, the Latin America heavy construction equipment market growth is restrained by the increase in carbon footprint, shift in oil prices, and weaker economic conditions in countries such as Brazil and Argentina. The demand for heavy construction equipment has increased within the region, especially in Colombia and Chile, owing to rapid urbanization and heavy investment in infrastructure segment. In addition, prominent players, such as Caterpillar Inc. and Volvo AB, are inclined toward developing efficient earthmoving machines to reduce carbon emission and improve performance.
The Latin America heavy construction equipment market is segmented based on equipment type, application, end user, and country. In 2016, the earthmoving equipment segment dominated the Latin America heavy construction equipment market, with 48.5% share, followed by the material handling equipment segment. This is attributed to the plummeting operational costs with the advent of smart and intelligent excavators. In addition, the market is driven by proactive initiatives by the government to develop industrial and commercial sectors.
In 2016, excavation & demolition application dominated the market, and is expected to grow at a CAGR of 6.5%. Excavators, cranes, and dozers are major equipment used for excavation & demolition activities. The heavy lifting application is expected to grow at the highest CAGR of 7.4% from 2016 to 2022.
Construction industry is the major end-user industry for heavy construction equipment in Latin America, accounting for 34% in 2016. Equipment such as excavators, loaders, motor graders, backhoe, cranes, dumpers, and tippers are utilized for large-scale construction activities. Manufacturers are continuously designing advanced products with advanced technology and increased performance. The manufacturing segment is expected to grow at the highest CAGR of 8.4% to reach $671 million by 2022.

Key Findings of the Latin America Heavy Construction Equipment Market:
The material handling equipment is expected to grow at the highest CAGR of 8.2% from 2016 to 2022.
The tunnelling application segment was valued at $743 million in 2016.
Brazil heavy construction equipment market is expected to grow at a CAGR of 5.5%.
Chile is the fastest growing market among all the Latin American countries.
The key companies profiled in the report include AB Volvo, Caterpillar Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd, Doosan Infracore, Leibherr Group, CNH Industrial N.V., Terex Corporation, J.C. Bamford Excavators Limited (JCB), and Atlas Copco.
Note: Product cover images may vary from those shown
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  • Ab Volvo
  • Caterpillar Inc.
  • Komatsu Ltd.
  • Doosan Infracore Co. Ltd.
  • Hitachi Construction Machinery Co. Ltd.
  • Jc Bamford Excavators Ltd. (Jcb)
  • Liebherr Group
  • Cnh Industrial N.V.
  • Atlas Copco
  • Terex Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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