The Ethiopia and Djibouti heavy equipment market size was $323.9 million in 2018, and is projected to reach $496.1 million in 2026, growing at a CAGR of 5.6%. Heavy equipment includes heavy-duty vehicles that are explicitly designed for use in many construction processes such as hauling, drilling, paving, grading, and excavating. The players in the heavy equipment market supply products to several industries, including construction, mining, agriculture, and energy.
The Ethiopia and Djibouti heavy equipment industry experiences growth owing to several factors such as rapid urbanization, rise in the construction industry, and high-tech innovations, which propel the development of the Ethiopia and Djibouti heavy equipment market. In addition, major companies such as Volvo AB, Caterpillar Inc. and others, have developed earthmoving machinery that provides higher efficiency and fuel savings owing to use of better-quality engines and control systems. The innovative commercialized medium wheel loaders that include the 966M, 950M, and 982M, developed by Caterpillar Inc., reduce operating costs and include safety features. On the other hand, environmental concern is a key threat to the Ethiopia and Djibouti heavy equipment industry, as these run on diesel and discharge harmful carbon emissions.
Major players are adopting various strategies such as product launch and others, thereby stimulating the growth of the market. For instance, recently in April 2019, Volvo Construction Equipment launched ActiveCare, an intelligent telematics service for monitoring health of machine and provision of weekly reports. It also launched a latest update of Haul Assist that characterizes a real-time tracking to map the progress of hauler fleet traffic flow. Moreover, technological improvements are anticipated to offer lucrative opportunities for the players in the Ethiopia and Djibouti heavy equipment market.
The Ethiopia and Djibouti heavy equipment market is segmented based on machinery type, business type, function, end-user industry, and country. Based on type, the market is divided into earth moving machinery, material handling machinery, roadway machinery, and others. The earth moving machinery segment is anticipated to dominate the Ethiopia and Djibouti heavy equipment market throughout the study period in terms of value. Based on business type, the market is bifurcated into original equipment and aftermarket. The original equipment segment is estimated to dominate the Ethiopia and Djibouti heavy equipment market throughout the analysis period.
Based on function, the market is divided into hauling, drilling, excavating, and paving, and grading. In terms of value, the excavating type is estimated to account for a major share of the Ethiopia and Djibouti heavy equipment market throughout the study period. On the basis of end-user industry, the market is categorized into construction, mining, agriculture, energy, transportation, and others. The construction segment is expected to dominate the market during the forecast period. By country, the market is analyzed across Ethiopia and Djibouti.
The key players profiled in this report include AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore, Hitachi, Ltd., J C Bamford Excavators Ltd, Kobelco Construction Machinery Co., Ltd., Komatsu Ltd., SANY Group, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG).
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENT
By Machinery Type
By Function
By Business Type
By End-User Industry
By Country
KEY MARKET PLAYERS PROFILED IN THE REPORT
Major players are adopting various strategies such as product launch and others, thereby stimulating the growth of the market. For instance, recently in April 2019, Volvo Construction Equipment launched ActiveCare, an intelligent telematics service for monitoring health of machine and provision of weekly reports. It also launched a latest update of Haul Assist that characterizes a real-time tracking to map the progress of hauler fleet traffic flow. Moreover, technological improvements are anticipated to offer lucrative opportunities for the players in the Ethiopia and Djibouti heavy equipment market.
The Ethiopia and Djibouti heavy equipment market is segmented based on machinery type, business type, function, end-user industry, and country. Based on type, the market is divided into earth moving machinery, material handling machinery, roadway machinery, and others. The earth moving machinery segment is anticipated to dominate the Ethiopia and Djibouti heavy equipment market throughout the study period in terms of value. Based on business type, the market is bifurcated into original equipment and aftermarket. The original equipment segment is estimated to dominate the Ethiopia and Djibouti heavy equipment market throughout the analysis period.
Based on function, the market is divided into hauling, drilling, excavating, and paving, and grading. In terms of value, the excavating type is estimated to account for a major share of the Ethiopia and Djibouti heavy equipment market throughout the study period. On the basis of end-user industry, the market is categorized into construction, mining, agriculture, energy, transportation, and others. The construction segment is expected to dominate the market during the forecast period. By country, the market is analyzed across Ethiopia and Djibouti.
The key players profiled in this report include AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore, Hitachi, Ltd., J C Bamford Excavators Ltd, Kobelco Construction Machinery Co., Ltd., Komatsu Ltd., SANY Group, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG).
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the Ethiopia and Djibouti heavy equipment market and current as well as future trends to elucidate the imminent investment pockets.
- Information about key drivers and restraints and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the market from 2014 to 2026 is provided to determine the market potential.
- The study also provides an in-depth value chain analysis of the Ethiopia and Djibouti heavy equipment market.
KEY MARKET SEGMENT
By Machinery Type
- Earth Moving Machinery
- Material Handling Machinery
- Roadway Machinery
- Others
By Function
- Hauling
- Drilling
- Excavating
- Paving and Grading
- Others
By Business Type
- Original equipment
- Aftermarket
By End-User Industry
- Construction
- Mining
- Agriculture
- Energy
- Transportation
- Others
By Country
- Ethiopia
- Djibouti
KEY MARKET PLAYERS PROFILED IN THE REPORT
- AB Volvo
- Caterpillar Inc.
- Deere & Company
- Doosan Infracore
- Hitachi Ltd.
- J. C. Bamford Excavators Ltd.
- Kobelco Construction Machinery Co., Ltd.
- Komatsu Ltd.
- SANY Group
- Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
Frequently Asked Questions about the Ethiopian and Djibouti Heavy Equipment Market
What is the estimated value of the Ethiopian and Djibouti Heavy Equipment Market?
What is the growth rate of the Ethiopian and Djibouti Heavy Equipment Market?
What is the forecasted size of the Ethiopian and Djibouti Heavy Equipment Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 169 |
| Published | June 2019 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 320.82 million |
| Forecasted Market Value ( USD | $ 496.1 million |
| Regions Covered | Djibouti, Ethiopia |
Table of Contents
CHAPTER 1: INTRODUCTION1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY
1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. KEY FINDINGS
2.2. CXO PERSPECTIVE
CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top investment pocket
3.2.2. Top winning strategies
3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2018)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Surge in construction & infrastructure activities
3.5.1.2. Increasing Focus on Public–private partnerships (PPPs)
3.5.1.3. Economic growth
3.5.2. Restraints
3.5.2.1. High capital investment
3.5.2.2. Carbon Emission
3.5.3. Opportunity
3.5.3.1. Technological advancements
3.6. LOCAL HEAVY EQUIPMENT DEALER ANALYSIS
3.7. VALUE CHAIN ANALYSIS
3.7.1. Overview
3.7.2. Key players
3.7.3. Regulatory restrictions
3.7.3.1. Ethiopia
3.7.3.2. Djibouti
3.8. REGULATORY & TRADE ENVIRONMENT (DEALERSHIP MARKET)
3.8.1. Ownership structure
3.8.1.1. Ethiopia
3.8.1.2. Djibouti
3.8.2. Barriers to entry and risks
3.8.2.1. Ethiopia
3.8.2.2. Djibouti
3.8.3. Tax incentives or Subsidies
3.8.3.1. Ethiopia
3.8.3.2. Djibouti
CHAPTER 4: ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY MACHINERY TYPE
4.1. MARKET OVERVIEW
4.1.1. Market size and forecast, by machinery type
4.2. EARTH MOVING MACHINERY
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.3. MATERIAL HANDLING MACHINERY
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.4. ROADWAY MACHINERY
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.5. OTHERS
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast
CHAPTER 5: ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY FUNCTION
5.1. MARKET OVERVIEW
5.1.1. Market size and forecast, by function
5.2. HAULING
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.3. DRILLING
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.4. EXCAVATING
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.5. PAVING AND GRADING
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast
5.6. OTHERS
5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast
CHAPTER 6: ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY BUSINESS TYPE
6.1. MARKET OVERVIEW
6.1.1. Market size and forecast, by business type
6.2. ORIGINAL EQUIPMENT
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast
6.3. AFTERMARKET
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast
CHAPTER 7: ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY END-USER INDUSTRY
7.1. MARKET OVERVIEW
7.1.1. Market size and forecast, by end-user industry
7.2. CONSTRUCTION
7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast
7.3. MINING
7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast,
7.4. AGRICULTURE
7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast,
7.5. ENERGY
7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast
7.6. TRANSPORTATION
7.6.1. Key market trends, growth factors, and opportunities
7.6.2. Market size and forecast
7.7. OTHERS
7.7.1. Key market trends, growth factors, and opportunities
7.7.2. Market size and forecast,
CHAPTER 8: ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY COUNTRY
8.1. MARKET OVERVIEW
8.2. ETHIOPIA
8.2.1. Market size and forecast
8.3. DJIBOUTI
8.3.1. Market size and forecast
CHAPTER 9: COMPANY PROFILES
9.1. AB VOLVO
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. R&D Expenditure
9.1.7. Business performance
9.1.8. Key strategic moves and developments
9.2. CATERPILLAR INC.
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. R&D Expenditure
9.2.7. Business performance
9.2.8. Key strategic moves and developments
9.3. DEERE & COMPANY
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. R&D Expenditure
9.3.7. Business performance
9.3.8. Key strategic moves and developments
9.4. DOOSAN INFRACORE CO. LTD.
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. R&D Expenditure
9.4.7. Business performance
9.4.8. Key strategic moves and developments
9.5. HITACHI LTD.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. R&D Expenditure
9.5.7. Business performance
9.5.8. Key strategic moves and developments
9.6. J C BAMFORD EXCAVATORS LTD.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Products and Services
9.6.5. Product portfolio
9.6.6. Key strategic moves and developments
9.7. KOBE STEEL LTD.
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. R&D Expenditure
9.7.7. Business performance
9.7.8. Key strategic moves and developments
9.8. KOMATSU LTD.
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. SANY GROUP
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Products and Services:
9.9.5. Product portfolio
9.9.6. Key strategic moves and developments
9.10. XCMG GROUP
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Products and Services:
9.10.5. Product portfolio
9.10.6. Key Strategic Moves and Developments
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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