Global Heavy-Duty Construction Equipment Market Size, Share & Trends Analysis Report by Machinery Type (Earth Moving Equipment (Cranes, Loader & Backhoe, Telescopic Handlers, Excavators, and Others), Material Handling Equipment (Hoists, Conveyors, Forklifts, and Others), and Other Construction Equipment (Concrete Mixers, Road Rollers, Stone Crushers, Dumpers, Tippers & Trailers, and Others), By Applications (Excavation & Demolition, Heavy Lifting, Handling, Transportation, Recycling & Waste Management, and Others), and by Industry (Construction & Infrastructure, Manufacturing, Mining, and Others (Oil & Gas)) Forecast, 2021-2027.
The global heavy-duty construction equipment market is projected to grow at a modest CAGR of 7.0% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the rise in the building and construction industry, as there is a shift of the consumers towards the urban areas. Besides, there have also been a large number of infrastructural projects going across the globe which is also contributing to the growth of the market. Hence, the increased infrastructure developmental activities across the globe along with the replacement of aging infrastructure are likely to positively impact the heavy-duty construction equipment market growth.
The global heavy-duty construction equipment market is segmented on the basis of machinery type, application, and industry. Based on the machinery type, the market is segmented as earth moving equipment, material handling equipment, and other construction equipment. The earth moving equipment segment includes cranes, loader & backhoe, telescopic handlers, excavators, and others. The material handling equipment segment includes hoists, conveyors, forklifts, and others. The other construction equipment includes concrete mixers, road rollers, stone crushers, dumpers, tippers & trailers, and others. The material handling equipment segment is estimated to hold a lucrative share in the market.
Based on the applications, the market is segmented as excavation & demolition, heavy lifting, handling, transportation, recycling & waste management, and others. The heavy lifting and transportation segment are likely to hold a significant market share. Based on the industry, the market is segmented as construction & infrastructure, manufacturing, mining, and others (oil & gas). The construction & infrastructure segment is estimated to hold a lucrative share in the market. Based on the geography, the market is segmented as North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is likely to hold a substantial share in the global market over the forecast period.
Further, Caterpillar Inc., Deere & Co., Komatsu Ltd., Liebherr Group, CNH Industrial NV, Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., and Kobelco Construction Machinery Co. Ltd. among others are some of the prominent players functioning in the global heavy-duty construction equipment market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the global heavy-duty construction equipment market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
- Global Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type
- Global Heavy-Duty Construction Equipment Market Research and Analysis by Application
- Global Heavy-Duty Construction Equipment Market Research and Analysis by Industry
The Report Covers
- Comprehensive Research Methodology of the global heavy-duty construction equipment market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Heavy-Duty Construction Equipment market.
- Insights about market determinants which are stimulating the global heavy-duty construction equipment market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Caterpillar Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Deere & Co.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Komatsu Ltd.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Liebherr Group
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Heavy-Duty Construction Equipment Market by Machinery Type
5.1.1. Earth Moving Equipment
5.1.1.1. Cranes
5.1.1.2. Loader & Backhoe
5.1.1.3. Telescopic Handlers
5.1.1.4. Excavators
5.1.1.5. Others (Graders, Trencher)
5.1.2. Material Handling Equipment
5.1.2.1. Hoists
5.1.2.2. Conveyors
5.1.2.3. Forklifts
5.1.2.4. Others (Industrial Trucks)
5.1.3. Other Construction Equipment
5.1.3.1. Concrete Mixers
5.1.3.2. Road Rollers
5.1.3.3. Stone Crushers
5.1.3.4. Dumpers
5.1.3.5. Tippers & Trailers
5.1.3.6. Others (Slurry Seal Machines)
5.2. Global Heavy-Duty Construction Equipment Market by Applications
5.2.1. Excavation & Demolition
5.2.2. Heavy Lifting
5.2.3. Handling
5.2.4. Transportation
5.2.5. Recycling & Waste Management
5.2.6. Others (Tunneling)
5.3. Global Heavy-Duty Construction Equipment Market by Industry
5.3.1. Construction & Infrastructure
5.3.2. Manufacturing
5.3.3. Mining
5.3.4. Others (Oil & Gas)
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ASTEC Industries Inc.
7.2. Atlas Copco AB
7.3. CNH Industrial NV
7.4. Doosan Heavy Industries & Construction Co., Ltd.
7.5. Guangxi LiuGong Machinery Co., Ltd.
7.6. Hitachi Construction Machinery Co. Ltd.
7.7. Hyundai Heavy IndustriesCo. Ltd.
7.8. JC Bamford Excavators Ltd.
7.9. JCB
7.10. Kobelco Construction Machinery Co. Ltd.
7.11. Metso Corp.
7.12. Sandvik Group
7.13. Sany Heavy Industry Co., Ltd
7.14. Sumitomo Heavy Industries Ltd.
7.15. Terex Corp.
7.16. The Manitowoc Co., Inc.
7.17. Volvo Group
7.18. Wirtgen Group
7.19. XCMG GroupList of Tables
1. Global Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type, 2020-2027 ($ Million)
2. Global Earth Moving Equipment Market Research and Analysis by Region, 2020-2027 ($ Million)
3. Global Cranes Market Research and Analysis by Region, 2020-2027 ($ Million)
4. Global Loader & Backhoe Market Research and Analysis by Region, 2020-2027 ($ Million)
5. Global Telescopic Handlers Market Research and Analysis by Region, 2020-2027 ($ Million)
6. Global Excavators Market Research and Analysis by Region, 2020-2027 ($ Million)
7. Global Others Earth Moving Equipment Market Research and Analysis by Region, 2020-2027 ($ Million)
8. Global Material Handling Equipment Market Research and Analysis by Region, 2020-2027 ($ Million)
9. Global Hoists Market Research and Analysis by Region, 2020-2027 ($ Million)
10. Global Conveyors Market Research and Analysis by Region, 2020-2027 ($ Million)
11. Global Forklifts Market Research and Analysis by Region, 2020-2027 ($ Million)
12. Global Other Material Handling Equipment Market Research and Analysis by Region, 2020-2027 ($ Million)
13. Global Other Construction Equipment Market Research and Analysis by Region, 2020-2027 ($ Million)
14. Global Concrete Mixers Market Research and Analysis by Region, 2020-2027 ($ Million)
15. Global Road Rollers Market Research and Analysis by Region, 2020-2027 ($ Million)
16. Global Stone Crushers Market Research and Analysis by Region, 2020-2027 ($ Million)
17. Global Dumpers Market Research and Analysis by Region, 2020-2027 ($ Million)
18. Global Tippers & Trailers Market Research and Analysis by Region, 2020-2027 ($ Million)
19. Global Otherheavy-Duty Construction Equipmentmarket Research and Analysis by Region, 2020-2027 ($ Million)
20. Global Heavy-Duty Construction Equipment Market Research and Analysis by Application, 2020-2027 ($ Million)
21. Global Excavation & Demolition Market Research and Analysis by Region, 2020-2027 ($ Million)
22. Global Heavy Lifting Market Research and Analysis by Region, 2020-2027 ($ Million)
23. Global Handling Market Research and Analysis by Region, 2020-2027 ($ Million)
24. Global Transportation Market Research and Analysis by Region, 2020-2027 ($ Million)
25. Global Recycling & Waste Management Market Research and Analysis by Region, 2020-2027 ($ Million)
26. Global Other Applications Market Research and Analysis by Region, 2020-2027 ($ Million)
27. Global Heavy-Duty Construction Equipment Market Research and Analysis by Industry, 2020-2027 ($ Million)
28. Global Construction & Infrastructure Market Research and Analysis by Region, 2020-2027 ($ Million)
29. Global Manufacturing Market Research and Analysis by Region, 2020-2027 ($ Million)
30. Global Mining Market Research and Analysis by Region, 2020-2027 ($ Million)
31. Global Other Industries Market Research and Analysis by Region, 2020-2027 ($ Million)
32. Global Heavy-Duty Construction Equipment Market Research and Analysis by Geography, 2020-2027 ($ Million)
33. North American Heavy-Duty Construction Equipment Market Research and Analysis by Country, 2020-2027 ($ Million)
34. North American Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type, 2020-2027 ($ Million)
35. North American Heavy-Duty Construction Equipment Market Research and Analysis by Application, 2020-2027 ($ Million)
36. North American Heavy-Duty Construction Equipment Market Research and Analysis by Industry, 2020-2027 ($ Million)
37. European Heavy-Duty Construction Equipment Market Research and Analysis by Country, 2020-2027 ($ Million)
38. European Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type, 2020-2027 ($ Million)
39. European Heavy-Duty Construction Equipment Market Research and Analysis by Application, 2020-2027 ($ Million)
40. European Heavy-Duty Construction Equipment Market Research and Analysis by Industry, 2020-2027 ($ Million)
41. Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Country, 2020-2027 ($ Million)
42. Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type, 2020-2027 ($ Million)
43. Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Application, 2020-2027 ($ Million)
44. Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Industry, 2020-2027 ($ Million)
45. Rest of the World Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type, 2020-2027 ($ Million)
46. Rest of the World Heavy-Duty Construction Equipment Market Research and Analysis by Application, 2020-2027 ($ Million)
47. Rest of the World Heavy-Duty Construction Equipment Market Research and Analysis by Industry, 2020-2027 ($ Million)List of Figures
1. Global Heavy-Duty Construction Equipment Market Share by Machinery Type, 2020 Vs 2027 (%)
2. Global Heavy-Duty Construction Equipment Market Share by Application, 2020 Vs 2027 (%)
3. Global Heavy-Duty Construction Equipment Market Share by Industry, 2020 Vs 2027(%)
4. Global Heavy-Duty Construction Equipment Market Share by Geography, 2020 Vs 2027 (%)
5. Us Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
6. Canada Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
7. UK Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
8. France Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
9. Germany Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
10. Italy Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
11. Spain Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
12. Roe Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
13. India Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
14. China Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
15. Japan Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
16. Asean Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
17. South Korea Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
18. Rest of Asia-Pacific Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
19. Rest of the World Heavy-Duty Construction Equipment Market Size, 2020-2027 ($ Million)
Companies Mentioned
A selection of companies mentioned in this report includes:
- ASTEC Industries Inc.
- Atlas Copco AB
- CNH Industrial NV
- Doosan Heavy Industries & Construction Co., Ltd.
- Guangxi LiuGong Machinery Co., Ltd.
- Hitachi Construction Machinery Co. Ltd.
- Hyundai Heavy IndustriesCo. Ltd.
- JC Bamford Excavators Ltd.
- JCB
- Kobelco Construction Machinery Co. Ltd.
- Metso Corp.
- Sandvik Group
- Sany Heavy Industry Co., Ltd
- Sumitomo Heavy Industries Ltd.
- Terex Corp.
- The Manitowoc Co., Inc.
- Volvo Group
- Wirtgen Group
- XCMG Group