Market is Projected to Grow at a CAGR of 5.4% During 2021-27
This report thoroughly covers the Kenyan used construction equipment market by equipment type. The report provides an unbiased and elaborate analysis of the ongoing trends, opportunities/high growth areas and market drivers, which might facilitate the stakeholders to plan and align their market methods per the present and future market dynamics.
Kenya Used Construction Equipment Market Synopsis
The Kenyan used construction equipment market is expected to show growth due to the increasing demand for affordable construction instrumentation, and used construction equipment is available at considerably lower prices compared to new instrumentation. Construction contractors are shifting toward the acquisition of used instrumentation for specific jobs like earthmoving, piling, and compacting.
The amplifying market trend of buying used construction instrumentation to finish explicit tasks in giant public sector construction is anticipated to drive the market statistics through 2027.
The used construction instrumentation market showed steady growth throughout the COVID-19 pandemic. Government authorities across the countries conjointly focused on investment in treatment & medical facilities rather than public construction. However, the trade revived within the later part of the year on the reopening of economic and industrial activities.
According to the publisher, the Kenyan Used Construction Equipment Market size is projected to grow at a CAGR of 5.4% during 2021-27.
The used construction instrumentation market revenues in East Africa are anticipated to witness extensive growth throughout the forecast period on the back of govt. Policies are shifting in favour of economic diversification, open economy, and inspiring investment, which might positively influence the construction sector within the country, which would augment the demand for used construction equipment.
Market Analysis by Equipment Type
The earthmoving instrumentation market accounted for the majority share in 2020 and is projected to witness high growth throughout 2021 to 2027 because of the upcoming public infrastructure projects in the countries. The increasing focus of presidency authorities on the evolution of road networks contributes to the used construction instrumentation market growth.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years of Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Kenya Used Construction Equipment Market Overview
- Kenya Used Construction Equipment Market Outlook
- Kenya Used Construction Equipment Market Forecast
- Historical Data & Forecast of Kenya Used Construction Equipment Market Revenues and Volume For The Period 2017-2027F
- Historical Data & Forecast of Revenues and Volume, By Equipment, For the Period 2020-2027F
- Kenya Used Construction Equipment Market Trends
- Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Kenya Used Construction Equipment Market Shares
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Equipment Type
- Cranes
- Tractors & Bulldozers
- Earth Moving Equipment
- Loaders
- Excavators
- Motor Grader
- Material Handling Equipment
- Dump Trucks
- Aerial Work Platform
- Road Construction Work Platform
Table of Contents
1. Executive Summary
Samples
LOADING...
Companies Mentioned
- Action Construction Equipment Ltd
- Caterpillar Incorporation
- Case Construction
- Doosan Heavy Industries & Construction
- Hitachi Construction Machinery
- Hyundai Construction Equipment
- Joseph Cyril Bamford Excavators Ltd
- Sany Heavy Industry Co., Ltd.
- Volvo Construction Equipment
- XCMG East Africa Limited
