Global Construction Equipment Market Analysis, 2021

Market Overview

Construction equipment is the specially designed heavy machinery used to perform high-level construction operations such as excavating, drilling, hauling, etc., and helps in making the task easier to manage.

According to the publisher's research report, Global Construction Equipment Market Analysis, 2021, the market is likely to grow at a CAGR of around 5% during 2021-26. The revived government budget to fuel the economic growth in the emerging world, conservative investment policies of the United States, and massive investments in regional connectivity by China are a few primary reasons contributing to the soaring demand for construction equipment. Additionally, the surging technological developments and their adaptation are also likely to provide lucrative opportunities for the growth of the construction equipment market across the globe.

Impact of COVID-19

Due to the outbreak of the COVID-19 pandemic, the construction industry witnessed a negative impact due to the lockdown imposition, which halted all construction activities. The production units of various companies producing steel and cement got shut down, leading to cause a shortage of construction materials in the market, thereby slowing down the ongoing construction projects. However, as the lockdown has uplifted, the construction projects, which were on hold, will resume and increase the demand for construction equipment in the years to come.

Market Segmentation

Earthmoving Equipment Accounted for the Largest Market Share

Based on the Type, Earthmoving Equipment acquired the largest market share in the previous few years due to surging construction activities across the world. Earthmoving equipment includes Excavator, Loaders, Bulldozers, Skid Steer Loaders, Motor Graders, Crawler Loader, Trenchers, and Dump trucks.

The rising demand for earthmoving equipment is primarily due to rapid urbanization leading to a surging need for residential space. The factor cited above augments the use of earthmoving equipment in infrastructural construction, reveals the author in their research report, Global Construction Equipment Market Analysis, 2021.

101-200HP Segment Holds the Maximum Market Share

Based on Power Output, the 101-200HP segment acquired the largest market share in the global construction equipment market in the previous few years as construction equipment with this power output exhibits better machine capability and downsizes the engine to lower displacement. Hence, this segment helps reduce maintenance costs and increase fuel efficiency.

Regional Landscape

Europe Shows the Positive Outlook

Europe is likely to be the fastest-growing region in the global construction equipment market during the forecast period due to the soaring demand for constructing new residential units. On the other front, Germany tops as the best-performing country in the machine & equipment sector. However, due to the spread of COVID-19, Spain & Italy witnessed a significant downfall in the growth of the construction equipment market owing to lockdown imposition, which has slowed down most construction activities.

Market Driver

Burgeoning Adoption of Advanced Equipment to Spur the Market Growth

Owing to technological advancements, the demand for more fuel-efficient and technologically upgraded equipment has increased. Further, the adoption of technologically advanced equipment reduces labor & operation costs and helps in managing the task efficiently.

Competitive Landscape

According to the publishers, the major leading players in the global Construction Equipment market are Volvo Construction Equipment (Sweden), CNH Industrial (the Netherlands), Komatsu (Japan), Caterpillar (US), John Deere (US), Hitachi Construction Equipment (Japan) and Liebherr (Switzerland).

Key Questions Answered in the Market Research Report:

1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Construction Equipment Market?
2. What is the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Construction Equipment Market?
4. Who are the key competitors, their key strengths and weaknesses, and how do they perform in Global Construction Equipment Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Construction Equipment Market study?

1. Research Basics

1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation

2. Executive Summary3. Expert Verbatim- What our Experts Say?

4. Global Construction Equipment Market Voice of Customer

4.1. Brand Awareness
4.2. End User Expectation
4.3. Key Factors Impacting Vendor Selection
4.4. Key Issues Encountered
4.5. Vendor’s Receptiveness to Address Key Customer Issues
4.6. Future Requirements

5. Global Construction Equipment Market Outlook, 2016-2026F

5.1. Market Potential & Analysis
5.1.1.Market Revenue
5.1.2.Units Sold
5.2. Market Segmentation & Analysis
5.2.1.By Type of Equipment
5.2.1.2. Earthmoving Equipment
5.2.1.2.1. Excavator
5.2.1.2.2. Loaders
5.2.1.2.3. Bulldozers
5.2.1.2.4. Skid Steer Loaders
5.2.1.2.5. Motor Graders
5.2.1.2.6. Crawler Loader
5.2.1.2.7. Trenchers
5.2.1.2..8. Dump trucks
5.2.1.2.9. Others
5.2.1.3. Material Handling Equipment
5.2.1.3.1. Cranes
5.2.1.3.2. Forklift
5.2.1.3.3. Tipper
5.2.1.3.4. Others
5.2.1.4. Other Construction Equipment
5.2.1.4.1. Road Roller
5.2.1.4.2. Diesel Generator
5.2.1.4.3. Others
5.2.2.By Application
5.2.2.1. Power & Utilities
5.2.2.2. Mining
5.2.2.3. Hospitality
5.2.2.4. Residential
5.2.2.5. Healthcare & Educational
5.2.2.6. Roads & Highways
5.2.2.7. Manufacturing Units
5.2.2.8. Others
5.2.3.By Power Output
5.2.3.1. Less than 100 HP
5.2.3.2. 101-200 HP
5.2.3.3. 201-400 HP
5.2.3.4. More than 400 HP
5.2.4.By Propulsion
5.2.4.1. Diesel
5.2.4.2. Gas
5.2.4.3. Others
5.2.4.3.1. CNG
5.2.4.3.2. LNG
5.2.4.3.3. Electric
5.2.5.By Region
5.2.5.1. North America
5.2.5.2. South America
5.2.5.3. Europe
5.2.5.4. Middle East
5.2.5.5. Africa
5.2.5.6. Asia Pacific
5.2.6.By Company
5.2.6.1. Revenue Shares
5.2.6.2. Strategic Factorial Indexing
5.2.6.3. Competitor Placement in MarkNtel Quadrant

6. North America Construction Equipment Market Outlook, 2016-2026F

6.1. Market Potential & Analysis
6.1.1.Market Revenue
6.1.2.Units Sold
6.2. Market Segmentation & Analysis
6.2.1.By Type of Equipment
6.2.2.By Application
6.2.3.By Power Output
6.2.4.By Propulsion
6.2.5.By Country
6.2.5.1. The United States
6.2.5.2. Canada
6.2.5.3. Mexico
6.3. The United States Construction Equipment Market Outlook, 2016-2026F
6.3.1.Market Potential & Analysis
6.3.1.2. Market Revenue
6.3.1.3. Units Sold
6.3.2.Market Segmentation & Analysis
6.3.2.1. By Type of Equipment
6.3.2.2. By Application
6.3.2.3. By Power Output
6.3.2.4. By Propulsion
6.3.2.5. By Region
6.4. Canada Construction Equipment Market Outlook, 2016-2026F
6.4.1.Market Potential & Analysis
6.4.1.2. Market Revenue
6.4.1.3. Units Sold
6.4.2.Market Segmentation & Analysis
6.4.2.1. By Type of Equipment
6.4.2.2. By Application
6.4.2.3. By Power Output
6.4.2.4. By Propulsion
6.4.2.5. By Region
6.5. Mexico Construction Equipment Market Outlook, 2016-2026F
6.5.1.Market Potential & Analysis
6.5.1.2. Market Revenue
6.5.1.3. Units Sold
6.5.2.Market Segmentation & Analysis
6.5.2.1. By Type of Equipment
6.5.2.2. By Application
6.5.2.3. By Power Output
6.5.2.4. By Propulsion
6.5.2.5. By Region

7. South America Construction Equipment Market Outlook, 2016-2026F

7.1. Market Potential & Analysis
7.1.1.Market Revenue
7.1.2.Units Sold
7.2. Market Segmentation & Analysis
7.2.1.By Type of Equipment
7.2.2.By Application
7.2.3.By Power Output
7.2.4.By Propulsion
7.2.5.By Country
7.2.5.1. Brazil
7.2.5.2. Chile
7.2.5.3. Argentina
7.3. Brazil Construction Equipment Market Outlook, 2016-2026F
7.3.1.Market Potential & Analysis
7.3.1.2. Market Revenue
7.3.1.3. Units Sold
7.3.2.Market Segmentation & Analysis
7.3.2.1. By Type of Equipment
7.3.2.2. By Application
7.3.2.3. By Power Output
7.3.2.4. By Propulsion
7.3.2.5. By Region
7.4. Chile Construction Equipment Market Outlook, 2016-2026F
7.4.1.Market Potential & Analysis
7.4.1.2. Market Revenue
7.4.1.3. Units Sold
7.4.2.Market Segmentation & Analysis
7.4.2.1. By Type of Equipment
7.4.2.2. By Application
7.4.2.3. By Power Output
7.4.2.4. By Propulsion
7.4.2.5. By Region
7.5. Argentina Construction Equipment Market Outlook, 2016-2026F
7.5.1.Market Potential & Analysis
7.5.1.2. Market Revenue
7.5.1.3. Units Sold
7.5.2.Market Segmentation & Analysis
7.5.2.1. By Type of Equipment
7.5.2.2. By Application
7.5.2.3. By Power Output
7.5.2.4. By Propulsion
7.5.2.5. By Region

8. Europe Construction Equipment Market Outlook, 2016-2026F

8.1. Market Potential & Analysis
8.1.1.Market Revenue
8.1.2.Units Sold
8.2. Market Segmentation & Analysis
8.2.1.By Type of Equipment
8.2.2.By Application
8.2.3.By Power Output
8.2.4.By Propulsion
8.2.5.By Country
8.2.5.1. The UK
8.2.5.2. Germany
8.2.5.3. France
8.2.5.4. Russia & CIS
8.2.5.5. Rest of Europe
8.3. The UK Construction Equipment Market Outlook, 2016-2026F
8.3.1.Market Potential & Analysis
8.3.1.2. Market Revenue
8.3.1.3. Units Sold
8.3.2.Market Segmentation & Analysis
8.3.2.1. By Type of Equipment
8.3.2.2. By Application
8.3.2.3. By Power Output
8.3.2.4. By Propulsion
8.3.2.5. By Region
8.4. Germany Construction Equipment Market Outlook, 2016-2026F
8.4.1.Market Potential & Analysis
8.4.1.2. Market Revenue
8.4.1.3. Units Sold
8.4.2.Market Segmentation & Analysis
8.4.2.1. By Type of Equipment
8.4.2.2. By Application
8.4.2.3. By Power Output
8.4.2.4. By Propulsion
8.4.2.5. By Region
8.5. France Construction Equipment Market Outlook, 2016-2026F
8.5.1.Market Potential & Analysis
8.5.1.2. Market Revenue
8.5.1.3. Units Sold
8.5.2.Market Segmentation & Analysis
8.5.2.1. By Type of Equipment
8.5.2.2. By Application
8.5.2.3. By Power Output
8.5.2.4. By Propulsion
8.5.2.5. By Region
8.6. Russia & CIS Construction Equipment Market Outlook, 2016-2026F
8.6.1.Market Potential & Analysis
8.6.1.2. Market Revenue
8.6.1.3. Units Sold
8.6.2.Market Segmentation & Analysis
8.6.2.1. By Type of Equipment
8.6.2.2. By Application
8.6.2.3. By Power Output
8.6.2.4. By Propulsion
8.6.2.5. By Region

9. Middle East Construction Equipment Market Outlook, 2016-2026F

9.1. Market Potential & Analysis
9.1.1.Market Revenue
9.1.2.Units Sold
9.2. Market Segmentation & Analysis
9.2.1.By Type of Equipment
9.2.2.By Application
9.2.3.By Power Output
9.2.4.By Propulsion
9.2.5.By Country
9.2.5.1. Saudi Arabia
9.2.5.2. UAE
9.2.5.3. Qatar
9.2.5.4. Kuwait
9.2.5.5. Rest of Middle East
9.3. Saudi Arabia Construction Equipment Market Outlook, 2016-2026F
9.3.1.Market Potential & Analysis
9.3.1.2. Market Revenue
9.3.1.3. Units Sold
9.3.2.Market Segmentation & Analysis
9.3.2.1. By Type of Equipment
9.3.2.2. By Application
9.3.2.3. By Power Output
9.3.2.4. By Propulsion
9.3.2.5. By Region
9.4.UAE Construction Equipment Market Outlook, 2016-2026F
9.4.1.Market Potential & Analysis
9.4.1.2. Market Revenue
9.4.1.3. Units Sold
9.4.2.Market Segmentation & Analysis
9.4.2.1. By Type of Equipment
9.4.2.2. By Application
9.4.2.3. By Power Output
9.4.2.4. By Propulsion
9.4.2.5. By Region
9.5. Qatar Construction Equipment Market Outlook, 2016-2026F
9.5.1.Market Potential & Analysis
9.5.1.2. Market Revenue
9.5.1.3. Units Sold
9.5.2.Market Segmentation & Analysis
9.5.2.1. By Type of Equipment
9.5.2.2. By Application
9.5.2.3. By Power Output
9.5.2.4. By Propulsion
9.5.2.5. By Region
9.6. Kuwait Construction Equipment Market Outlook, 2016-2026F
9.6.1.Market Potential & Analysis
9.6.1.2. Market Revenue
9.6.1.3. Units Sold
9.6.2.Market Segmentation & Analysis
9.6.2.1. By Type of Equipment
9.6.2.2. By Application
9.6.2.3. By Power Output
9.6.2.4. By Propulsion
9.6.2.5. By Region

10. Africa Construction Equipment Market Outlook, 2016-2026F

10.1. Market Potential & Analysis
10.1.1. Market Revenue
10.1.2. Units Sold
10.2. Market Segmentation & Analysis
10.2.1. By Type of Equipment
10.2.2. By Application
10.2.3. By Power Output
10.2.4. By Propulsion
10.2.5. By Country
10.2.5.1. South Africa
10.2.5.2. Nigeria
10.2.5.3. Rest of Africa
10.3. South Africa Construction Equipment Market Outlook, 2016-2026F
10.3.1. Market Potential & Analysis
10.3.1.1. Market Revenue
10.3.1.2. Units Sold
10.3.2. Market Segmentation & Analysis
10.3.2.1. By Type of Equipment
10.3.2.2. By Application
10.3.2.3. By Power Output
10.3.2.4. By Propulsion
10.3.2.5. By Region
10.4. Nigeria Construction Equipment Market Outlook, 2016-2026F
10.4.1. Market Potential & Analysis
10.4.1.1. Market Revenue
10.4.1.2. Units Sold
10.4.2. Market Segmentation & Analysis
10.4.2.1. By Type of Equipment
10.4.2.2. By Application
10.4.2.3. By Power Output
10.4.2.4. By Propulsion
10.4.2.5. By Region

11. Asia Pacific Construction Equipment Market Outlook, 2016-2026F

11.1. Market Potential & Analysis
11.1.1. Market Revenue
11.1.2. Units Sold
11.2. Market Segmentation & Analysis
11.2.1. By Type of Equipment
11.2.2. By Application
11.2.3. By Power Output
11.2.4. By Propulsion
11.2.5. By Country
11.2.5.1. China
11.2.5.2. India
11.2.5.3. Japan
11.2.5.4. South East Asia
11.2.5.5. Rest of Asia Pacific
11.3. China Construction Equipment Market Outlook, 2016-2026F
11.3.1. Market Potential & Analysis
11.3.1.1. Market Revenue
11.3.1.2. Units Sold
11.3.2. Market Segmentation & Analysis
11.3.2.1. By Type of Equipment
11.3.2.2. By Application
11.3.2.3. By Power Output
11.3.2.4. By Propulsion
11.3.2.5. By Region
11.4. India Construction Equipment Market Outlook, 2016-2026F
11.4.1. Market Potential & Analysis
11.4.1.1. Market Revenue
11.4.1.2. Units Sold
11.4.2. Market Segmentation & Analysis
11.4.2.1. By Type of Equipment
11.4.2.2. By Application
11.4.2.3. By Power Output
11.4.2.4. By Propulsion
11.4.2.5. By Region
11.5. Japan Construction Equipment Market Outlook, 2016-2026F
11.5.1. Market Potential & Analysis
11.5.1.1. Market Revenue
11.5.1.2. Units Sold
11.5.2. Market Segmentation & Analysis
11.5.2.1. By Type of Equipment
11.5.2.2. By Application
11.5.2.3. By Power Output
11.5.2.4. By Propulsion
11.5.2.5. By Region
11.6. ASEAN Construction Equipment Market Outlook, 2016-2026F
11.6.1. Market Potential & Analysis
11.6.1.1. Market Revenue
11.6.1.2. Units Sold
11.6.2. Market Segmentation & Analysis
11.6.2.1. By Type of Equipment
11.6.2.2. By Application
11.6.2.3. By Power Output
11.6.2.4. By Propulsion
11.6.2.5. By Region

12. Global Construction Equipment Market Trends & Insights

13. Global Construction Equipment Market Dynamics

13.1. Growth Drivers
13.2. Challenges
13.3. Impact Analysis

14. Global Construction Equipment Market Hotspot & Opportunities15. Global Construction Equipment Market Key Strategic Imperatives for Success & Growth

16. Competition Outlook

16.1. Competition Matrix
16.1.1. Product Portfolio
16.1.2. Specialization
16.1.3. Target Markets
16.1.4. Target End Users
16.1.5. Research & Development
16.1.6. Strategic Alliances
16.1.7. Strategic Initiatives
16.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
16.2.1. Caterpillar
16.2.2. Volvo
16.2.3. Komatsu
16.2.4. CNH Industrial
16.2.5. Liebherr
16.2.6. Hitachi Construction
16.2.7. John Deere
16.2.8. Doosan
16.2.9. JCB
16.2.10. Terex

17. Disclaimer