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Construction Equipment Market By Solution Type, By Equipment Type, By Type, By Application, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 286 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5031519
The global construction equipment market was valued at $201,854.3 million in 2021, and is projected to reach $322,036.0 million by 2031, registering a CAGR of 4.8% from 2022 to 2031. Construction equipment are specially designed machinery used to perform construction operations. This equipment is used for different functions such as drilling, hauling, excavating, paving, and grading. The global construction equipment market covers different industries such as construction & infrastructure, manufacturing, and oil & gas. The construction equipment market has grown along with the rise in demand for industrialization, residential, and commercial infrastructure setup. Further, the growth in public private partnerships in different countries such as India, Africa, and China is expected to fuel the growth of construction equipment industry. However, strict government regulations and carbon emissions are expected to restrain the construction equipment market during the forecast period.

Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of tool robot’s market. For instance, in April 2021, Liebherr announced the launch of new R 928 Generation 8 crawler excavator, the new addition to the Generation 8 series. The R 928 G8 crawler excavator is a new model, developed and produced by Liebherr-France SAS in Colmar. This aims in improving the product portfolio. The construction equipment market is segmented on the basis of solution type, equipment type, type, application, industry, and region. By solution type, it is divided into products and services. By equipment, the construction equipment it is classified into heavy construction equipment and compact construction equipment. By type, it is categorized into loader, cranes, forklift, excavators, dozers, and others. By application, it is divided into excavation & mining, lifting & material handling, earth moving, transportation, and others. By end-user, it is divided into oil & gas, construction & infrastructure, manufacturing, mining, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The COVID-19 pandemic forced many companies in the global construction equipment market to halt business operations for a short term to comply with new government regulations to curb the spread of the disease. This halt in operations directly impacts revenue flow of the global construction equipment market. In addition, there is a halt in manufacturing of industrial products, owing to lack of raw materials and manpower in the lockdown period. Further, no new consignments are received by companies that operate in this sector. Hence, halt in industrial activities and lockdowns for several months has affected the global construction equipment market and the market is anticipated to witness a slow recovery during the forecast period.

The key players profiled in the construction equipment market report include such as AB Volvo, Caterpillar Inc., CNH Industrial N.V., Deere & Company, Doosan Infracore Co. Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International AG, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG).

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current and emerging global construction equipment market trends and dynamics.
  • In-depth market analysis is conducted by the global construction equipment market estimations for key market segments between 2021 and 2031.
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global construction equipment market forecast analysis from 2022 to 2031 is included in the report.
  • The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global construction equipment market.

Key Market Segments

By Solution Type

  • Products
  • Services

By Equipment Type

  • Heavy construction equipment
  • Compact construction equipment

By Type

  • Loader
  • Cranes
  • Forklift
  • Excavator
  • Dozers
  • Others

By Application

  • Excavation and Mining
  • Lifting and Material handling
  • Earth Moving
  • Transportation
  • Others

By End User

  • Oil and gas
  • Construction and Infrastructure
  • Manufacturing
  • Mining
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • AB VOLVO
  • CATERPILLAR INC.
  • CNH Industrial N.V.
  • DEERE & COMPANY
  • DOOSAN INFRACORE CO. LTD.
  • HITACHI LTD.
  • J C BAMFORD EXCAVATORS LTD.
  • KOMATSU LTD.
  • Liebherr-International AG
  • XCMG GROUP

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
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.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Products
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Heavy construction equipment
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Compact construction equipment
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: CONSTRUCTION EQUIPMENT MARKET, BY TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 Loader
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Cranes
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Forklift
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Excavator
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
6.6 Dozers
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market analysis by country
6.7 Others
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market analysis by country
CHAPTER 7: CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Excavation and Mining
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Lifting and Material handling
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Earth Moving
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Transportation
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Others
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country
CHAPTER 8: CONSTRUCTION EQUIPMENT MARKET, BY END USER
8.1 Overview
8.1.1 Market size and forecast
8.2 Oil and gas
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by region
8.2.3 Market analysis by country
8.3 Construction and Infrastructure
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by region
8.3.3 Market analysis by country
8.4 Manufacturing
8.4.1 Key market trends, growth factors and opportunities
8.4.2 Market size and forecast, by region
8.4.3 Market analysis by country
8.5 Mining
8.5.1 Key market trends, growth factors and opportunities
8.5.2 Market size and forecast, by region
8.5.3 Market analysis by country
8.6 Others
8.6.1 Key market trends, growth factors and opportunities
8.6.2 Market size and forecast, by region
8.6.3 Market analysis by country
CHAPTER 9: CONSTRUCTION EQUIPMENT MARKET, BY REGION
9.1 Overview
9.1.1 Market size and forecast
9.2 North America
9.2.1 Key trends and opportunities
9.2.2 North America Market size and forecast, by Solution Type
9.2.3 North America Market size and forecast, by Equipment Type
9.2.4 North America Market size and forecast, by Type
9.2.5 North America Market size and forecast, by Application
9.2.6 North America Market size and forecast, by End User
9.2.7 North America Market size and forecast, by country
9.2.7.1 U.S.
9.2.7.1.1 Market size and forecast, by Solution Type
9.2.7.1.2 Market size and forecast, by Equipment Type
9.2.7.1.3 Market size and forecast, by Type
9.2.7.1.4 Market size and forecast, by Application
9.2.7.1.5 Market size and forecast, by End User
9.2.7.2 Canada
9.2.7.2.1 Market size and forecast, by Solution Type
9.2.7.2.2 Market size and forecast, by Equipment Type
9.2.7.2.3 Market size and forecast, by Type
9.2.7.2.4 Market size and forecast, by Application
9.2.7.2.5 Market size and forecast, by End User
9.2.7.3 Mexico
9.2.7.3.1 Market size and forecast, by Solution Type
9.2.7.3.2 Market size and forecast, by Equipment Type
9.2.7.3.3 Market size and forecast, by Type
9.2.7.3.4 Market size and forecast, by Application
9.2.7.3.5 Market size and forecast, by End User
9.3 Europe
9.3.1 Key trends and opportunities
9.3.2 Europe Market size and forecast, by Solution Type
9.3.3 Europe Market size and forecast, by Equipment Type
9.3.4 Europe Market size and forecast, by Type
9.3.5 Europe Market size and forecast, by Application
9.3.6 Europe Market size and forecast, by End User
9.3.7 Europe Market size and forecast, by country
9.3.7.1 Germany
9.3.7.1.1 Market size and forecast, by Solution Type
9.3.7.1.2 Market size and forecast, by Equipment Type
9.3.7.1.3 Market size and forecast, by Type
9.3.7.1.4 Market size and forecast, by Application
9.3.7.1.5 Market size and forecast, by End User
9.3.7.2 France
9.3.7.2.1 Market size and forecast, by Solution Type
9.3.7.2.2 Market size and forecast, by Equipment Type
9.3.7.2.3 Market size and forecast, by Type
9.3.7.2.4 Market size and forecast, by Application
9.3.7.2.5 Market size and forecast, by End User
9.3.7.3 U.K.
9.3.7.3.1 Market size and forecast, by Solution Type
9.3.7.3.2 Market size and forecast, by Equipment Type
9.3.7.3.3 Market size and forecast, by Type
9.3.7.3.4 Market size and forecast, by Application
9.3.7.3.5 Market size and forecast, by End User
9.3.7.4 Italy
9.3.7.4.1 Market size and forecast, by Solution Type
9.3.7.4.2 Market size and forecast, by Equipment Type
9.3.7.4.3 Market size and forecast, by Type
9.3.7.4.4 Market size and forecast, by Application
9.3.7.4.5 Market size and forecast, by End User
9.3.7.5 Rest of Europe
9.3.7.5.1 Market size and forecast, by Solution Type
9.3.7.5.2 Market size and forecast, by Equipment Type
9.3.7.5.3 Market size and forecast, by Type
9.3.7.5.4 Market size and forecast, by Application
9.3.7.5.5 Market size and forecast, by End User
9.4 Asia-Pacific
9.4.1 Key trends and opportunities
9.4.2 Asia-Pacific Market size and forecast, by Solution Type
9.4.3 Asia-Pacific Market size and forecast, by Equipment Type
9.4.4 Asia-Pacific Market size and forecast, by Type
9.4.5 Asia-Pacific Market size and forecast, by Application
9.4.6 Asia-Pacific Market size and forecast, by End User
9.4.7 Asia-Pacific Market size and forecast, by country
9.4.7.1 China
9.4.7.1.1 Market size and forecast, by Solution Type
9.4.7.1.2 Market size and forecast, by Equipment Type
9.4.7.1.3 Market size and forecast, by Type
9.4.7.1.4 Market size and forecast, by Application
9.4.7.1.5 Market size and forecast, by End User
9.4.7.2 India
9.4.7.2.1 Market size and forecast, by Solution Type
9.4.7.2.2 Market size and forecast, by Equipment Type
9.4.7.2.3 Market size and forecast, by Type
9.4.7.2.4 Market size and forecast, by Application
9.4.7.2.5 Market size and forecast, by End User
9.4.7.3 Japan
9.4.7.3.1 Market size and forecast, by Solution Type
9.4.7.3.2 Market size and forecast, by Equipment Type
9.4.7.3.3 Market size and forecast, by Type
9.4.7.3.4 Market size and forecast, by Application
9.4.7.3.5 Market size and forecast, by End User
9.4.7.4 Rest of Asia-Pacific
9.4.7.4.1 Market size and forecast, by Solution Type
9.4.7.4.2 Market size and forecast, by Equipment Type
9.4.7.4.3 Market size and forecast, by Type
9.4.7.4.4 Market size and forecast, by Application
9.4.7.4.5 Market size and forecast, by End User
9.5 LAMEA
9.5.1 Key trends and opportunities
9.5.2 LAMEA Market size and forecast, by Solution Type
9.5.3 LAMEA Market size and forecast, by Equipment Type
9.5.4 LAMEA Market size and forecast, by Type
9.5.5 LAMEA Market size and forecast, by Application
9.5.6 LAMEA Market size and forecast, by End User
9.5.7 LAMEA Market size and forecast, by country
9.5.7.1 Latin America
9.5.7.1.1 Market size and forecast, by Solution Type
9.5.7.1.2 Market size and forecast, by Equipment Type
9.5.7.1.3 Market size and forecast, by Type
9.5.7.1.4 Market size and forecast, by Application
9.5.7.1.5 Market size and forecast, by End User
9.5.7.2 Middle East
9.5.7.2.1 Market size and forecast, by Solution Type
9.5.7.2.2 Market size and forecast, by Equipment Type
9.5.7.2.3 Market size and forecast, by Type
9.5.7.2.4 Market size and forecast, by Application
9.5.7.2.5 Market size and forecast, by End User
9.5.7.3 Africa
9.5.7.3.1 Market size and forecast, by Solution Type
9.5.7.3.2 Market size and forecast, by Equipment Type
9.5.7.3.3 Market size and forecast, by Type
9.5.7.3.4 Market size and forecast, by Application
9.5.7.3.5 Market size and forecast, by End User
CHAPTER 10: COMPANY LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Key developments
CHAPTER 11: COMPANY PROFILES
11.1 AB VOLVO
11.1.1 Company overview
11.1.2 Company snapshot
11.1.3 Operating business segments
11.1.4 Product portfolio
11.1.5 Business performance
11.1.6 Key strategic moves and developments
11.2 CATERPILLAR INC.
11.2.1 Company overview
11.2.2 Company snapshot
11.2.3 Operating business segments
11.2.4 Product portfolio
11.2.5 Business performance
11.2.6 Key strategic moves and developments
11.3 CNH Industrial N.V.
11.3.1 Company overview
11.3.2 Company snapshot
11.3.3 Operating business segments
11.3.4 Product portfolio
11.3.5 Business performance
11.3.6 Key strategic moves and developments
11.4 DEERE & COMPANY
11.4.1 Company overview
11.4.2 Company snapshot
11.4.3 Operating business segments
11.4.4 Product portfolio
11.4.5 Business performance
11.4.6 Key strategic moves and developments
11.5 DOOSAN INFRACORE CO. LTD.
11.5.1 Company overview
11.5.2 Company snapshot
11.5.3 Operating business segments
11.5.4 Product portfolio
11.5.5 Business performance
11.5.6 Key strategic moves and developments
11.6 HITACHI LTD.
11.6.1 Company overview
11.6.2 Company snapshot
11.6.3 Operating business segments
11.6.4 Product portfolio
11.6.5 Business performance
11.6.6 Key strategic moves and developments
11.7 J C BAMFORD EXCAVATORS LTD.
11.7.1 Company overview
11.7.2 Company snapshot
11.7.3 Operating business segments
11.7.4 Product portfolio
11.7.5 Business performance
11.7.6 Key strategic moves and developments
11.8 KOMATSU LTD.
11.8.1 Company overview
11.8.2 Company snapshot
11.8.3 Operating business segments
11.8.4 Product portfolio
11.8.5 Business performance
11.8.6 Key strategic moves and developments
11.9 Liebherr-International AG
11.9.1 Company overview
11.9.2 Company snapshot
11.9.3 Operating business segments
11.9.4 Product portfolio
11.9.5 Business performance
11.9.6 Key strategic moves and developments
11.10 XCMG GROUP
11.10.1 Company overview
11.10.2 Company snapshot
11.10.3 Operating business segments
11.10.4 Product portfolio
11.10.5 Business performance
11.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 2. Construction Equipment Market Revenue, for Products, by Region , 2021-2031,($Million)
Table 3. Construction Equipment Market for Products by Country, 2021-2031,($Million)
Table 4. Construction Equipment Market Revenue, for Services, by Region , 2021-2031,($Million)
Table 5. Construction Equipment Market for Services by Country, 2021-2031,($Million)
Table 6. Global Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 7. Construction Equipment Market Revenue, for Heavy Construction Equipment, by Region , 2021-2031,($Million)
Table 8. Construction Equipment Market for Heavy Construction Equipment by Country, 2021-2031,($Million)
Table 9. Construction Equipment Market Revenue, for Compact Construction Equipment, by Region , 2021-2031,($Million)
Table 10. Construction Equipment Market for Compact Construction Equipment by Country, 2021-2031,($Million)
Table 11. Global Construction Equipment Market, by Type, 2021-2031,($Million)
Table 12. Construction Equipment Market Revenue, for Loader, by Region , 2021-2031,($Million)
Table 13. Construction Equipment Market for Loader by Country, 2021-2031,($Million)
Table 14. Construction Equipment Market Revenue, for Cranes, by Region , 2021-2031,($Million)
Table 15. Construction Equipment Market for Cranes by Country, 2021-2031,($Million)
Table 16. Construction Equipment Market Revenue, for Forklift, by Region , 2021-2031,($Million)
Table 17. Construction Equipment Market for Forklift by Country, 2021-2031,($Million)
Table 18. Construction Equipment Market Revenue, for Excavator, by Region , 2021-2031,($Million)
Table 19. Construction Equipment Market for Excavator by Country, 2021-2031,($Million)
Table 20. Construction Equipment Market Revenue, for Dozers, by Region , 2021-2031,($Million)
Table 21. Construction Equipment Market for Dozers by Country, 2021-2031,($Million)
Table 22. Construction Equipment Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 23. Construction Equipment Market for Others by Country, 2021-2031,($Million)
Table 24. Global Construction Equipment Market, by Application, 2021-2031,($Million)
Table 25. Construction Equipment Market Revenue, for Excavation and Mining, by Region , 2021-2031,($Million)
Table 26. Construction Equipment Market for Excavation and Mining by Country, 2021-2031,($Million)
Table 27. Construction Equipment Market Revenue, for Lifting and Material Handling, by Region , 2021-2031,($Million)
Table 28. Construction Equipment Market for Lifting and Material Handling by Country, 2021-2031,($Million)
Table 29. Construction Equipment Market Revenue, for Earth Moving, by Region , 2021-2031,($Million)
Table 30. Construction Equipment Market for Earth Moving by Country, 2021-2031,($Million)
Table 31. Construction Equipment Market Revenue, for Transportation, by Region , 2021-2031,($Million)
Table 32. Construction Equipment Market for Transportation by Country, 2021-2031,($Million)
Table 33. Construction Equipment Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 34. Construction Equipment Market for Others by Country, 2021-2031,($Million)
Table 35. Global Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 36. Construction Equipment Market Revenue, for Oil and Gas, by Region , 2021-2031,($Million)
Table 37. Construction Equipment Market for Oil and Gas by Country, 2021-2031,($Million)
Table 38. Construction Equipment Market Revenue, for Construction and Infrastructure, by Region , 2021-2031,($Million)
Table 39. Construction Equipment Market for Construction and Infrastructure by Country, 2021-2031,($Million)
Table 40. Construction Equipment Market Revenue, for Manufacturing, by Region , 2021-2031,($Million)
Table 41. Construction Equipment Market for Manufacturing by Country, 2021-2031,($Million)
Table 42. Construction Equipment Market Revenue, for Mining, by Region , 2021-2031,($Million)
Table 43. Construction Equipment Market for Mining by Country, 2021-2031,($Million)
Table 44. Construction Equipment Market Revenue, for Others, by Region , 2021-2031,($Million)
Table 45. Construction Equipment Market for Others by Country, 2021-2031,($Million)
Table 46. Construction Equipment Market, by Region, 2021-2031,($Million)
Table 47. North America Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 48. North America Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 49. North America Construction Equipment Market, by Type, 2021-2031,($Million)
Table 50. North America Construction Equipment Market, by Application, 2021-2031,($Million)
Table 51. North America Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 52. North America Construction Equipment Market, by Country, 2021-2031,($Million)
Table 53. U.S. Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 54. U.S. Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 55. U.S. Construction Equipment Market, by Type, 2021-2031,($Million)
Table 56. U.S. Construction Equipment Market, by Application, 2021-2031,($Million)
Table 57. U.S. Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 58. Canada Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 59. Canada Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 60. Canada Construction Equipment Market, by Type, 2021-2031,($Million)
Table 61. Canada Construction Equipment Market, by Application, 2021-2031,($Million)
Table 62. Canada Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 63. Mexico Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 64. Mexico Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 65. Mexico Construction Equipment Market, by Type, 2021-2031,($Million)
Table 66. Mexico Construction Equipment Market, by Application, 2021-2031,($Million)
Table 67. Mexico Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 68. Europe Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 69. Europe Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 70. Europe Construction Equipment Market, by Type, 2021-2031,($Million)
Table 71. Europe Construction Equipment Market, by Application, 2021-2031,($Million)
Table 72. Europe Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 73. Europe Construction Equipment Market, by Country, 2021-2031,($Million)
Table 74. Germany Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 75. Germany Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 76. Germany Construction Equipment Market, by Type, 2021-2031,($Million)
Table 77. Germany Construction Equipment Market, by Application, 2021-2031,($Million)
Table 78. Germany Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 79. France Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 80. France Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 81. France Construction Equipment Market, by Type, 2021-2031,($Million)
Table 82. France Construction Equipment Market, by Application, 2021-2031,($Million)
Table 83. France Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 84. U.K. Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 85. U.K. Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 86. U.K. Construction Equipment Market, by Type, 2021-2031,($Million)
Table 87. U.K. Construction Equipment Market, by Application, 2021-2031,($Million)
Table 88. U.K. Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 89. Italy Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 90. Italy Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 91. Italy Construction Equipment Market, by Type, 2021-2031,($Million)
Table 92. Italy Construction Equipment Market, by Application, 2021-2031,($Million)
Table 93. Italy Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 94. Rest of Europe Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 95. Rest of Europe Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 96. Rest of Europe Construction Equipment Market, by Type, 2021-2031,($Million)
Table 97. Rest of Europe Construction Equipment Market, by Application, 2021-2031,($Million)
Table 98. Rest of Europe Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 99. Asia-Pacific Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 100. Asia-Pacific Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 101. Asia-Pacific Construction Equipment Market, by Type, 2021-2031,($Million)
Table 102. Asia-Pacific Construction Equipment Market, by Application, 2021-2031,($Million)
Table 103. Asia-Pacific Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 104. Asia-Pacific Construction Equipment Market, by Country, 2021-2031,($Million)
Table 105. China Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 106. China Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 107. China Construction Equipment Market, by Type, 2021-2031,($Million)
Table 108. China Construction Equipment Market, by Application, 2021-2031,($Million)
Table 109. China Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 110. India Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 111. India Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 112. India Construction Equipment Market, by Type, 2021-2031,($Million)
Table 113. India Construction Equipment Market, by Application, 2021-2031,($Million)
Table 114. India Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 115. Japan Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 116. Japan Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 117. Japan Construction Equipment Market, by Type, 2021-2031,($Million)
Table 118. Japan Construction Equipment Market, by Application, 2021-2031,($Million)
Table 119. Japan Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 120. Rest of Asia-Pacific Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 121. Rest of Asia-Pacific Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 122. Rest of Asia-Pacific Construction Equipment Market, by Type, 2021-2031,($Million)
Table 123. Rest of Asia-Pacific Construction Equipment Market, by Application, 2021-2031,($Million)
Table 124. Rest of Asia-Pacific Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 125. LAMEA Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 126. LAMEA Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 127. LAMEA Construction Equipment Market, by Type, 2021-2031,($Million)
Table 128. LAMEA Construction Equipment Market, by Application, 2021-2031,($Million)
Table 129. LAMEA Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 130. LAMEA Construction Equipment Market, by Country, 2021-2031,($Million)
Table 131. Latin America Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 132. Latin America Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 133. Latin America Construction Equipment Market, by Type, 2021-2031,($Million)
Table 134. Latin America Construction Equipment Market, by Application, 2021-2031,($Million)
Table 135. Latin America Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 136. Middle East Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 137. Middle East Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 138. Middle East Construction Equipment Market, by Type, 2021-2031,($Million)
Table 139. Middle East Construction Equipment Market, by Application, 2021-2031,($Million)
Table 140. Middle East Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 141. Africa Construction Equipment Market, by Solution Type, 2021-2031,($Million)
Table 142. Africa Construction Equipment Market, by Equipment Type, 2021-2031,($Million)
Table 143. Africa Construction Equipment Market, by Type, 2021-2031,($Million)
Table 144. Africa Construction Equipment Market, by Application, 2021-2031,($Million)
Table 145. Africa Construction Equipment Market, by End-user, 2021-2031,($Million)
Table 146. Ab Volvo: Company Snapshot
Table 147. Ab Volvo: Operating Segments
Table 148. Ab Volvo: Product Portfolio
Table 149. Ab Volvo: Net Sales
Table 150. Ab Volvo: Key Stratergies
Table 151. Caterpillar Inc.: Company Snapshot
Table 152. Caterpillar Inc.: Operating Segments
Table 153. Caterpillar Inc.: Product Portfolio
Table 154. Caterpillar Inc.: Net Sales
Table 155. Caterpillar Inc.: Key Stratergies
Table 156. Cnh Industrial N.V.: Company Snapshot
Table 157. Cnh Industrial N.V.: Operating Segments
Table 158. Cnh Industrial N.V.: Product Portfolio
Table 159. Cnh Industrial N.V.: Net Sales
Table 160. Cnh Industrial N.V.: Key Stratergies
Table 161. Deere & Company: Company Snapshot
Table 162. Deere & Company: Operating Segments
Table 163. Deere & Company: Product Portfolio
Table 164. Deere & Company: Net Sales
Table 165. Deere & Company: Key Stratergies
Table 166. Doosan Infracore Co. Ltd.: Company Snapshot
Table 167. Doosan Infracore Co. Ltd.: Operating Segments
Table 168. Doosan Infracore Co. Ltd.: Product Portfolio
Table 169. Doosan Infracore Co. Ltd.: Net Sales
Table 170. Doosan Infracore Co. Ltd.: Key Stratergies
Table 171. Hitachi Ltd.: Company Snapshot
Table 172. Hitachi Ltd.: Operating Segments
Table 173. Hitachi Ltd.: Product Portfolio
Table 174. Hitachi Ltd.: Net Sales
Table 175. Hitachi Ltd.: Key Stratergies
Table 176. J C Bamford Excavators Ltd.: Company Snapshot
Table 177. J C Bamford Excavators Ltd.: Operating Segments
Table 178. J C Bamford Excavators Ltd.: Product Portfolio
Table 179. J C Bamford Excavators Ltd.: Net Sales
Table 180. J C Bamford Excavators Ltd.: Key Stratergies
Table 181. Komatsu Ltd.: Company Snapshot
Table 182. Komatsu Ltd.: Operating Segments
Table 183. Komatsu Ltd.: Product Portfolio
Table 184. Komatsu Ltd.: Net Sales
Table 185. Komatsu Ltd.: Key Stratergies
Table 186. Liebherr-International Ag: Company Snapshot
Table 187. Liebherr-International Ag: Operating Segments
Table 188. Liebherr-International Ag: Product Portfolio
Table 189. Liebherr-International Ag: Net Sales
Table 190. Liebherr-International Ag: Key Stratergies
Table 191. Xcmg Group: Company Snapshot
Table 192. Xcmg Group: Operating Segments
Table 193. Xcmg Group: Product Portfolio
Table 194. Xcmg Group: Net Sales
Table 195. Xcmg Group: Key Stratergies
List of Figures
Figure 1. Construction Equipment Market Segmentation
Figure 2. Construction Equipment Market,2021-2031
Figure 3. Construction Equipment Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Construction Equipment Market:Drivers, Restraints and Opportunities
Figure 12. Construction Equipment Market,By Solution Type,2021(%)
Figure 13. Comparative Share Analysis of Products Construction Equipment Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Services Construction Equipment Market,2021-2031(%)
Figure 15. Construction Equipment Market,By Equipment Type,2021(%)
Figure 16. Comparative Share Analysis of Heavy Construction Equipment Construction Equipment Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Compact Construction Equipment Construction Equipment Market,2021-2031(%)
Figure 18. Construction Equipment Market,By Type,2021(%)
Figure 19. Comparative Share Analysis of Loader Construction Equipment Market,2021-2031(%)
Figure 20. Comparative Share Analysis of Cranes Construction Equipment Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Forklift Construction Equipment Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Excavator Construction Equipment Market,2021-2031(%)
Figure 23. Comparative Share Analysis of Dozers Construction Equipment Market,2021-2031(%)
Figure 24. Comparative Share Analysis of Others Construction Equipment Market,2021-2031(%)
Figure 25. Construction Equipment Market,By Application,2021(%)
Figure 26. Comparative Share Analysis of Excavation and Mining Construction Equipment Market,2021-2031(%)
Figure 27. Comparative Share Analysis of Lifting and Material Handling Construction Equipment Market,2021-2031(%)
Figure 28. Comparative Share Analysis of Earth Moving Construction Equipment Market,2021-2031(%)
Figure 29. Comparative Share Analysis of Transportation Construction Equipment Market,2021-2031(%)
Figure 30. Comparative Share Analysis of Others Construction Equipment Market,2021-2031(%)
Figure 31. Construction Equipment Market,By End-user,2021(%)
Figure 32. Comparative Share Analysis of Oil and Gas Construction Equipment Market,2021-2031(%)
Figure 33. Comparative Share Analysis of Construction and Infrastructure Construction Equipment Market,2021-2031(%)
Figure 34. Comparative Share Analysis of Manufacturing Construction Equipment Market,2021-2031(%)
Figure 35. Comparative Share Analysis of Mining Construction Equipment Market,2021-2031(%)
Figure 36. Comparative Share Analysis of Others Construction Equipment Market,2021-2031(%)
Figure 37. Construction Equipment Market by Region,2021
Figure 38. U.S. Construction Equipment Market,2021-2031($Million)
Figure 39. Canada Construction Equipment Market,2021-2031($Million)
Figure 40. Mexico Construction Equipment Market,2021-2031($Million)
Figure 41. Germany Construction Equipment Market,2021-2031($Million)
Figure 42. France Construction Equipment Market,2021-2031($Million)
Figure 43. U.K. Construction Equipment Market,2021-2031($Million)
Figure 44. Italy Construction Equipment Market,2021-2031($Million)
Figure 45. Rest of Europe Construction Equipment Market,2021-2031($Million)
Figure 46. China Construction Equipment Market,2021-2031($Million)
Figure 47. India Construction Equipment Market,2021-2031($Million)
Figure 48. Japan Construction Equipment Market,2021-2031($Million)
Figure 49. Rest of Asia-Pacific Construction Equipment Market,2021-2031($Million)
Figure 50. Latin America Construction Equipment Market,2021-2031($Million)
Figure 51. Middle East Construction Equipment Market,2021-2031($Million)
Figure 52. Africa Construction Equipment Market,2021-2031($Million)
Figure 53. Top Winning Strategies, by Year
Figure 54. Top Winning Strategies, by Development
Figure 55. Top Winning Strategies, by Company
Figure 56. Product Mapping of Top 10 Players
Figure 57. Competitive Dashboard
Figure 58. Competitive Heatmap of Top 10 Key Players
Figure 59. Ab Volvo.: Net Sales ,($Million)
Figure 60. Caterpillar Inc..: Net Sales ,($Million)
Figure 61. Cnh Industrial N.V..: Net Sales ,($Million)
Figure 62. Deere & Company.: Net Sales ,($Million)
Figure 63. Doosan Infracore Co. Ltd..: Net Sales ,($Million)
Figure 64. Hitachi Ltd..: Net Sales ,($Million)
Figure 65. J C Bamford Excavators Ltd..: Net Sales ,($Million)
Figure 66. Komatsu Ltd..: Net Sales ,($Million)
Figure 67. Liebherr-International AG.: Net Sales ,($Million)
Figure 68. Xcmg Group.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Construction Equipment Market," the construction equipment market size was valued at $201.9 billion in 2021, and is estimated to reach $322.0 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.

Asia-Pacific dominated the global construction equipment market, in terms of revenue, accounting about 44.0% share of the global construction industry, followed by Europe, North America, and LAMEA.Construction equipment are specially designed machinery used for performing construction operations. These equipment are used for different functions such as drilling, hauling, excavating, paving, and grading. The global market covers different industries such as construction & infrastructure, manufacturing, and oil & gas, which will fuel the fuel the construction equipment market growth.

One of the reasons for the growth of the construction equipment industry is rise in popularity of robust and compact equipment. The adoption of compact construction equipment has gained popularity in recent years, due to their easier maintenance, movability, and similar performance as heavy construction machinery. Moreover, unlike heavy machinery, compact construction equipment does not necessitate certified & skilled workers and are considerably easier to operate. Further, lower costs of the compact equipment boost their adoption in end-user industries.

The products segment secured the highest share of 79.8% in the globa market in 2021 and is expected to grow at a CAGR of 4.7% during the forecast period. In terms of type, the loader segment is expected to contribute the highest construction equipment market share in the coming years, as expansion in the construction industry is estimated to fuel the market growth. The forklift segment is expected to grow at the highest CAGR during the forecast period. Forklifts are generally used in warehouses and distribution centers for lifting and moving raw materials and goods, it is also known as fork truck or lifting truck. It is an important component of warehouse to perform different operations such as moving between storage to carry, place, and retrieve the goods as per the requirement.

During the lockdown, owing to coronavirus situation, various manufacturers in the construction equipment market had to stop their business production in countries such as China, the U.S., and India. This break directly impacted sales of construction equipment companies. In addition, lack of manpower and raw materials led to halt in supply of cutting tools. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of construction equipment companies at their full-scale capacities.On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific region is projected to dominate the market in 2021.

Majority of the players have adopted strategies such as product launch & development and business expansion. For example, AB Volvo in January 2020, launched the 100-ton EC950F crawler excavator in North America. The EC950F crawler excavator is the largest excavator model offered by Volvo. The excavator features 450kW Volvo D16 Tier 4 Final engine, paired with the Volvo A60H articulated hauler. Similarly, Caterpillar Inc. launched 16 new Cat D3 series skid steer loader (SSL) and compact track loader (CTL) models. The new models support the line of new Smart Attachments, which tailors the controls and operator information to match the task and tool.

By type, the loaders segment dominated the global construction equipment market in 2021, in terms of revenue. The demand for loader segment is expected to increase due to surge in spending in the construction industry. Moreover, forklift segment is anticipated to grow at a higher CAGR during the forecast period due to rise in number of warehouses and distribution centers across the world.

Key Benefits for Stakeholders

  • The report provides an extensive analysis of the current and emerging global construction equipment market trends and dynamics.
  • In-depth market analysis is conducted by the global construction equipment market estimations for key market segments between 2021 and 2031.
  • The construction equipment market analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global construction equipment market forecast analysis from 2022 to 2031 is included in the report.

The key market players within market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the global construction equipment market opportunity.

Companies Mentioned

  • Ab Volvo
  • Caterpillar Inc.
  • Cnh Industrial N.V.
  • Deere & Company
  • Doosan Infracore Co. Ltd.
  • Hitachi Ltd.
  • J C Bamford Excavators Ltd.
  • Komatsu Ltd.
  • Liebherr-International AG
  • Xcmg Group

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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