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Latin America Construction Equipment Market - Strategic Assessment & Forecast 2021-2027

  • ID: 5527033
  • Report
  • January 2022
  • Region: Latin America
  • 110 Pages
  • Arizton
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

FEATURED COMPANIES

  • ADCOMA
  • Bomag
  • Golden Equipment company
  • JCB
  • Komatsu
  • Rentandes
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The Latin America construction equipment market size will be valued at USD 5065.5 million and to reach a volume of 137,748 units by 2027, growing at a CAGR of 4.75% by volume during 2021-2027.

The governments’ investment in developing public infrastructures such as roads, airports, ports, and the energy sector is expected to bring strong growth to the construction equipment market in Latin America. There is robust demand for construction equipment in the region. Contractors, mining, and construction companies are the major customers of the equipment in the market. Rental companies such as Carlyle Group, Grupo Orguel and BigRentz are having fair share in the market.

LATIN AMERICA CONSTRUCTION EQUIPMENT MARKET INSIGHTS

  • Upsurge in global commodities price to positively drive Latin America mining sector. Enhanced demand for natural resources in recent years will positively impact demand for construction equipment used in the mining industry, such as excavators, loaders, and cranes.
  • There is robust demand for construction equipment in the region. Contractors, mining, and construction companies are the major consumers of the Latin American construction equipment rental market. Rental companies such as Carlyle Group, Grupo orguel, and BigRentz have a fair share in the market.

KEY HIGHLIGHTS IN THE REPORT

  • Investment in renewable energy projects has risen across the region due to the government’s agenda of achieving the carbon-neutral goals by 2040, thus driving growth for the Latin America construction machinery market. For instance, in Chile, the government is creating a regulatory framework to enable the installation of power storage on a large scale, which would allow the energy sector to be fully decarbonized.
  • Brazil and Mexico will have high demand in the Latin America heavy construction equipment market in 2021 due to increased investment in road redevelopment projects.
The report considers the present scenario of the Latin America construction equipment market and market dynamics for the forecast period 2021−2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Latin America construction equipment market.

LATIN AMERICA CONSTRUCTION EQUIPMENT MARKET SEGMENTATION

  • Latin America's earthmoving equipment market is projected to witness robust growth through 2027 owing to the factors such as growth in the transportation sector with the boost in government investment towards the highway, metro and airports construction projects.
  • Forklifts' market share is higher than other material handling equipment such as cranes in the Brazilian market. Various port development projects, such as the development of port terminals in Sao Luis and Rio Grade do Sul port, are planned for 2021 with an investment of USD 19.1 million by the Brazilian government.

Market Segmentation by Moving Equipment

  • Earth Moving Equipment
  • Excavator
  • Backhoe Loader
  • Motor Grader
  • Other Earth Moving Equipment
  • Road Construction Equipment
  • Asphalt Paver
  • Road Roller
  • Material Handling Equipment
  • Crane
  • Forklift and Telescopic Handler
  • Arial Platforms (articulated boom lifts, telescopic boom lifts, scissor lifts, etc)

Market Segmentation by Application

  • Construction
  • Manufacturing
  • Mining
  • Others

Market Segmentation by Countries

  • Brazil
  • Argentina
  • Mexico
  • Columbia
  • Other Latin America Countries

VENDOR LANDSCAPE

  • The key vendors in the Latin America construction equipment market are Caterpillar, Liebherr, Komatsu, Volvo Construction Equipment, JCB, Xuzhou Construction Machinery Group Co., Ltd., SANY, etc.
  • In 2021, SANY has launched an SY215C large excavator to cater to the need for high construction and mining projects in the region.

Major Vendors

  • Caterpillar
  • Liebherr
  • Komatsu
  • Volvo Construction Equipment
  • JCB
  • Xuzhou Construction Machinery Group Co., Ltd
  • SANY
  • John Deere
  • Hyundai Construction Equipment
  • Shantui Construction Machinery
  • Bomag
  • Ammann
  • Sunward
  • Yanmar

Key Distributor Profiles

  • ADCOMA
  • Ibergruas
  • Golden Equipment company
  • Rentandes
  • Tracbel

WHY SHOULD YOU BUY THIS REPORT?


This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:

  • Volume (Unit sales)
  • Type
  • Application
  • Countries
  • Value (USD)
  • Type
  • Application
  • Countries
  • Gain competitive intelligence about the economic scenario, advantages in Latin American countries, major projects and investments, dynamics, and market share.
  • Examples of the latest technologies.
  • Get presentation-ready format and easy-to-interpret data.
  • Enable decision-makers to make informed and profitable choices
  • Gain expert quantitative and qualitative analysis on value/volume growth projections of the Latin America construction equipment market share
  • Complete supply chain analysis
  • Get COVID-19 impact analysis of the market
  • Company Profile of 19 vendors and distributors

KEY QUESTIONS ANSWERED:


1. What is the size of the Latin America construction equipment market?
2. What are the latest technologies in the Latin America construction machinery market?
3. Who are the key players in the Latin America construction equipment industry?
4. What are the factors driving the growth of the Latin American construction equipment market?
5. What are the different types of construction equipment covered in the report?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ADCOMA
  • Bomag
  • Golden Equipment company
  • JCB
  • Komatsu
  • Rentandes

Section 1 - Introduction
  • Market Snapshot
  • Executive Summary

Section 2 - The Market Overview
Economic Scenario, Infrastructure Construction projects in Latin America, PESTLE Analysis, Government focus on Construction Projects, Key Economic Regions, Import/ Export Analysis, Supply Chain Insight, COVID-19 Impact
Section 3- Technological Advancements
  • Advent of new Technology

Section 4 Market Dynamics
  • Market Drivers, Restraints, Trends

Section 5 - Latin America Construction Equipment (Type & Application)
5.1 Latin America Construction Equipment Market by Type (Volume & Value)
5.1.1. Earth Moving Equipment
  • Excavator
  • Backhoe Loader
  • Motor Grader
  • Other Earth Moving Equipment (Other Loaders, Bulldozer, Trencher, etc.)
5.1.2. Road Construction Equipment
  • Asphalt Paver
  • Road Roller
5.1.3. Material Handling Equipment
  • Crane
  • Forklift and Telescopic Handler
  • Aerial Platform (Articulated Boom lifts, Telescopic Boom lifts, Scissor Lifts, etc)
5.2 Latin America Construction Equipment Market by Application (Volume & Value)
  • Construction
  • Mining
  • Manufacturing
  • Others (Power Generation and Utilities, Municipal Corporation etc)
5.3 Latin America Construction Equipment Market by Countries (Volume & Value)
  • Brazil
  • Argentina
  • Mexico
  • Colombia
  • Other Latin American Countries

Section 6 - Competitive Landscape
  • Competitive Landscape Overview
  • Major Vendors (Caterpillar Brazil, Komatsu, Hyundai Construction Equipment, Volvo Construction Equipment, JCB International do Brasil Representacão Comercial Ltda, XCMG, SANY Group, John Deere Americas, Ammann Brazil, Sunward, Yanmar America, Shantui Brazil)
  • Distributors Profile

Section 7 - Report Summary
  • Key Insights
  • Abbreviations
  • List of Exhibits

Section 8 - Report Scope & Definition
1. Research Methodology
2. Market Definition, Inclusion & Exclusion
LIST OF EXHIBITS
Exhibit 1 Latin America Construction Equipment Market by Volume (Unit sales), 2018-2027
Exhibit 2 Latin America Construction Equipment Market by Type 2020 Volume Share (%)
Exhibit 3 Latin America Construction Equipment Market by Volume (Unit sales), 2018-2027
Exhibit 4 Latin America Construction Equipment Market by Value ($ MN), 2018-2027
Exhibit 5 Latin America Construction Equipment by Type 2020 (% volume share)
Exhibit 6 Latin America Countries GDP 2019-2020(%)
Exhibit 7 Latin America Countries by Sectors in 2019(%)
Exhibit 8 Latin American Countries Investment in Public Infrastructure 2017-2019 ($MN)
Exhibit 9 FDI Investment by Industry in Latin America 2020
Exhibit 10 Major Countries Investing in Latin America 2020 (%)
Exhibit 11 Latin America Renewable Investment (2015-2019) ($BN)
Exhibit 12 Currency Depreciation in Latin American Countries 2020 (%)
Exhibit 13 Latin America Construction Equipment Market by Type 2018-2027 (Unit Sales)
Exhibit 14 Latin America Construction Equipment by Application 2018-2027 (Unit sales)
Exhibit 15 Latin America Construction Equipment by Countries 2018-2027 (Unit Sales)
Exhibit 16 Latin America Earthmoving Equipment Market 2018–2027 (Unit Sales)
Exhibit 17 Latin America Earthmoving Equipment Market 2018–2027 ($ MN)
Exhibit 18 Latin America Excavator Market 2018–2027 (Unit Sales)
Exhibit 19 Latin America Excavator Market 2018–2027 ($ MN)
Exhibit 20 Latin America Backhoe Loader Market 2018–2027 (Unit Sales)
Exhibit 21 Latin America Backhoe Loder Market 2018–2027 ($ MN)
Exhibit 22 Latin America Motor Grader Market 2018–2027 (Unit Sales)
Exhibit 23 Latin America Motor Grader Market 2018–2027 ($ MN)
Exhibit 24 Latin America Other Earthmoving Equipment 2018-2027 (Unit Sales)
Exhibit 25 Latin America Other Earthmoving Equipment 2018-2027 ($MN)
Exhibit 26 Latin America Road Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 27 Latin America Road Construction Equipment Market 2018-2027($MN)
Exhibit 28 Latin America Asphalt Paver Market 2018-2027 (Unit Sales)
Exhibit 29 Latin America Asphalt Paver Market 2018-2027($ MN)
Exhibit 30 Latin America Road Roller Market 2018-2027 (Unit Sales)
Exhibit 31 Latin America Road Roller Market 2018-2027 ($ MN)
Exhibit 32 Latin America Material Handling Equipment Market 2018-2027 (Unit Sales)
Exhibit 33 Latin America Material Handling Equipment Market 2018-2027 ($ MN)
Exhibit 34 Latin America Crane Market 2018-2027 (Unit Sales)
Exhibit 35 Latin America Crane Market 2018-2027 ($ MN)
Exhibit 36 Latin America Forklift & Telescopic Handler Market 2018-2027 (Unit Sales)
Exhibit 37 Latin America Forklift & Telescopic Handler Market 2018-2027 ($ MN)
Exhibit 38 Latin America Aerial Platform Market 2018-2027 (Unit Sales)
Exhibit 39 Latin America Aerial Platform Market 2018-2027 ($ MN)
Exhibit 40 Latin America Construction Equipment Market 2018–2027 (Unit Sales)
Exhibit 41 Latin America Construction Equipment Market 2018–2027 ($ MN)
Exhibit 42 Latin America Mining Construction Equipment Market 2018–2027 (Unit Sales)
Exhibit 43 Latin America Mining Construction Equipment Market 2018–2027 ($ MN)
Exhibit 44 Latin America Manufacturing Construction Equipment Market 2018–2027 (Unit Sales)
Exhibit 45 Latin America Manufacturing Construction Equipment Market 2018–2027 ($ MN)
Exhibit 46 Latin America Construction Equipment Market by Others 2018–2027 (Unit Sales)
Exhibit 47 Latin America Construction Equipment Market by Others 2018–2027 ($ MN)
Exhibit 48 Brazil Construction Equipment Market 2018-2027 (Unit sales)
Exhibit 49 Brazil Construction Equipment Market 2018-2027 ($MN)
Exhibit 50 Argentina Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 51 Argentina Construction Equipment Market 2018-2027 ($MN)
Exhibit 52 Mexico Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 53 Mexico Construction Equipment Market 2018-2027 ($MN)
Exhibit 54 Colombia Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 55 Colombia Construction Equipment Market 2018-2027 ($MN)
Exhibit 56 Other Latin America Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 57 Other Latin America Construction Equipment Market 2018-2027 ($MN)
Exhibit 58 Caterpillar, Sales by Region (%Share)
Exhibit 59 Caterpillar, Total Revenue by Segment in Latin America 2020 (% Share)
Exhibit 60 Liebherr, Turnover by Region (% Share)
Exhibit 61 Liebherr, Total Revenue by product Segment 2020 (% Share)
Exhibit 62 Komatsu, Construction, Mining and Utility Equipment Business Sales by Region 2020 (% Share)
Exhibit 63 Komatsu, Breakdown of Net Sales by Segment 2020 (% Share)
Exhibit 64 Volvo CE, Sales by Region (% Share)
Exhibit 65 Volvo CE, Total Revenue by Segment 2020 (% Share)
Exhibit 66 John Deere, Sales by Regions (% Share)
Exhibit 67 John Deere, Total Revenue by Segment 2020 (% Share)
LIST OF TABLES
Table 1 Country-Specific FDI Inflow in the Region in 2020.
Table 2 Key Insights
Table 3 Abbreviations
Note: Product cover images may vary from those shown
  • Caterpillar
  • Liebherr
  • Komatsu
  • Volvo Construction Equipment
  • JCB
  • Xuzhou Construction Machinery Group Co., Ltd
  • SANY
  • John Deere
  • Hyundai Construction Equipment
  • Shantui Construction Machinery
  • Bomag
  • Ammann
  • Sunward
  • Yanmar
  • ADCOMA
  • Ibergruas
  • Golden Equipment company
  • Rentandes
  • Tracbel
Note: Product cover images may vary from those shown

Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.

Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.



 

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