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Building And Road Construction Equipment Global Market Report 2024

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    Report

  • 175 Pages
  • November 2023
  • Region: Global
  • The Business Research Company
  • ID: 5735081

Quick Summary:

In an ever-changing industry landscape, the growth of the global building and road construction equipment market is one not to be overlooked. From infrastructure development activities in emerging as well as developed countries, to high tech trends which can drastically improve productivity and safety, this market shows a significant propensity for growth and innovation.

This indispensable market research report provides a comprehensive overview, offering insightful commentary on key trends, innovation paths, and potential market challenges. Including a focus on principal players such as AB Volovo, Caterpillar Inc, and Komatsu Ltd, this report gives you a detailed analysis of the current and future landscape of the industry. Stay ahead in this dynamic market and leverage opportunities with our complete and in-depth analysis. Making the right strategic decisions has never been so streamlined. Trust our research to guide your steps in the global building and road construction equipment market.

The building and road construction equipment market size has grown rapidly in recent years. It will grow from $181.99 billion in 2023 to $202.35 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth observed during the historic period can be attributed to several key factors, including economic expansion, infrastructure development, urbanization, as well as the replacement and modernization of existing structures and systems.

The building and road construction equipment market size is expected to see rapid growth in the next few years. It will grow to $300.38 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%. The anticipated growth in the forecast period can be attributed to various factors, notably infrastructure investment, the adoption of smart construction practices, the promotion of sustainable construction methods, ongoing urbanization trends, and the expansion of the rental market. Additionally, significant trends expected in this forecasted period encompass technological advancements, the proliferation of autonomous and remote-controlled equipment, the application of digital twin technology, and a growing emphasis on customization and versatility within the industry.

Infrastructure development initiatives in both emerging and developed nations have been a significant driver of growth in the building and road construction equipment market. Governments and private sector entities are prioritizing infrastructure projects to support economic growth, cater to expanding populations, address urbanization challenges, and enhance connectivity through the construction of highways and expressways. Notably, India invested $22.4 billion in road construction, with private investments accounting for 14% of the total. Additionally, the World Bank reported a 49% increase in private sector infrastructure investments for low- and middle-income countries in 2021, underlining the global focus on infrastructure development. This increased focus on infrastructure projects necessitates the use of advanced construction equipment, further fueling market growth.

The primary product categories within the realm of building and road construction equipment include motor graders, road rollers, wheel loaders, concrete mixers, bulldozers, and various other equipment types. Motor graders play a crucial role in fine-tuning the rough grading work carried out by heavy construction equipment like scrapers and bulldozers. These equipment types are further classified into categories such as earthmoving equipment, material-handling equipment, heavy construction vehicles, and other equipment varieties. The applications of this equipment are primarily associated with building construction and road construction projects.

The building and road construction equipment market research report is one of a series of new reports that provides building and road construction equipment market statistics, including building and road construction equipment industry global market size, regional shares, competitors with a building and road construction equipment market share, detailed building and road construction equipment market segments, market trends and opportunities, and any further data you may need to thrive in the building and road construction equipment industry. This building and road construction equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The building and road construction equipment market is poised for growth due to a surge in construction activities. Construction involves the assembly of various components to create structures according to precise designs and plans. The adoption of such equipment is vital in ensuring on-time project completion, enhancing brand reputation, ensuring quality work, controlling costs, enabling a variety of tasks, ensuring safety, and promoting technological advancements. For example, New Zealand saw a 3.7% increase in building activities in March 2021, with a 4.3% rise in residential activities in 2021 compared to the previous year. Similarly, the US Census Bureau reported a 10.2% growth in the value of construction activities from 2021 to 2022. This surge in construction activities serves as a catalyst for the building and road construction equipment market.

The high costs associated with acquiring and setting up construction equipment pose a challenge to the building and road construction equipment market. These costs encompass the purchase price, taxes, shipping expenses, installation charges, and financing fees. For instance, a new full-size excavator can range from $100,000 to $500,000, necessitating substantial upfront investments. These financial commitments, combined with additional costs, place a considerable burden on companies, thereby impeding the growth of the construction and road construction equipment market.

Manufacturers in the building and road construction equipment market are focusing on technology advancements to enhance safety, productivity, connectivity, and reduce maintenance costs. For instance, in October 2021, Kobelco Construction Equipment India introduced Next-Gen excavators with features like a fuel-efficient ECO mode, high-pressure sound-suppressed cabs for operator comfort, ergonomic hydraulic controls for reduced operator fatigue, and improved hydraulic filters. These technological enhancements lead to increased productivity, environmental protection, and enhanced safety for operators and construction site workers.

Major companies in the building and road construction equipment market are emphasizing the introduction of innovative technologies, such as concrete spraying equipment, to gain a competitive edge. Concrete spraying equipment is specialized machinery used in construction for shotcrete or sprayed concrete application. For example, in June 2023, Normet, a US-based manufacturer, launched the Spraymec MF 050 VC SD, which operates on Normet SmartDrive battery-electric technology, ensuring operator comfort and eco-friendly, emission-free operations. This machine features advanced dosing systems and low-pulsation concrete spraying pumps for efficient performance, specifically designed for underground mining.

In February 2022, K-Tec Earthmovers Inc., a Canadian manufacturer of earthmoving scrapers, merged with Ashland Industries, a US-based company specializing in earthmoving equipment. This strategic merger is set to provide a broader range of earthmoving scrapers, catering to the construction and mining industries. The collaboration also promises shorter lead times for customers and expedited product design and launch, enhancing the competitive position of both companies in the market.

Major companies operating in the building and road construction equipment market include Volvo Group, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Limited, Terex Corporation, Atlas Copco Group, Deere and Company, Sany Heavy Industry Co. Ltd., Wacker Neuson SE, CNH Industrial NV, Xuzhou Construction Machinery Group Co. Ltd., Zoomlion Heavy Industry Science and Technology Co. Ltd., Doosan Infracore Co. Ltd., Hyundai Heavy Industries Co. Ltd., Wirtgen Group, Kobelco Construction Machinery Co. Ltd., Manitowoc Company Inc., Bell Equipment Ltd., Astec Industries Inc., Bopparder Maschinenbau-Gesellschaft mbH, Case Construction Equipment, FAYAT Group, Gomaco Corporation Inc., HAMM AG, JLG Industries Inc., Konecranes Oyj, Kubota Corporation, LiuGong Machinery Corp. Ltd., Manitou Group, Palfinger AG, Putzmeister Holding GmbH, Sennebogen Maschinenfabrik GmbH, Tadano Ltd., Takeuchi Mfg. Co. Ltd.

Asia-Pacific was the largest region in the building and road construction equipment market in 2023. Western Europe was the second-largest region in the building and road construction equipment market. The regions covered in the building and road construction equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the building and road construction equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada

The building and road construction equipment market consists of sales of asphalt mixing plants, forklift trucks, crawler excavators, truck cranes, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Building And Road Construction Equipment Market Characteristics3. Building And Road Construction Equipment Market Trends And Strategies
4. Building And Road Construction Equipment Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Building And Road Construction Equipment Market Size and Growth
5.1. Global Building And Road Construction Equipment Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Building And Road Construction Equipment Historic Market Size and Growth, 2018 2023, Value ($ Billion)
5.3. Global Building And Road Construction Equipment Forecast Market Size and Growth, 2023 2028, 2033F, Value ($ Billion)
6. Building And Road Construction Equipment Market Segmentation
6.1. Global Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Motor Graders
  • Road Roller
  • Wheel Loaders
  • Concrete Mixer
  • Bulldozers
  • Other Product Types
6.2. Global Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Earthmoving Equipment
  • Material-Handling Equipment
  • Heavy Construction Vehicles
  • Other Equipment Categories
6.3. Global Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Building Construction
  • Road Construction
7. Building And Road Construction Equipment Market Regional And Country Analysis
7.1. Global Building And Road Construction Equipment Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Building And Road Construction Equipment Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Building And Road Construction Equipment Market
8.1. Asia-Pacific Building And Road Construction Equipment Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Building And Road Construction Equipment Market
9.1. China Building And Road Construction Equipment Market Overview
9.2. China Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Building And Road Construction Equipment Market
10.1. India Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Building And Road Construction Equipment Market
11.1. Japan Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Building And Road Construction Equipment Market
12.1. Australia Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Building And Road Construction Equipment Market
13.1. Indonesia Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Building And Road Construction Equipment Market
14.1. South Korea Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Building And Road Construction Equipment Market
15.1. Western Europe Building And Road Construction Equipment Market Overview
15.2. Western Europe Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Building And Road Construction Equipment Market
16.1. UK Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Building And Road Construction Equipment Market
17.1. Germany Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Building And Road Construction Equipment Market
18.5. France Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Building And Road Construction Equipment Market
19.9. Italy Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Building And Road Construction Equipment Market
20.13. Spain Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Building And Road Construction Equipment Market
21.1. Eastern Europe Building And Road Construction Equipment Market Overview
21.2. Eastern Europe Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Building And Road Construction Equipment Market
22.1. Russia Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Building And Road Construction Equipment Market
23.1. North America Building And Road Construction Equipment Market Overview
23.2. North America Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Building And Road Construction Equipment Market
24.1. USA Building And Road Construction Equipment Market Overview
24.2. USA Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Building And Road Construction Equipment Market
25.1. Canada Building And Road Construction Equipment Market Overview
25.2. Canada Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Building And Road Construction Equipment Market
26.1. South America Building And Road Construction Equipment Market Overview
26.2. South America Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Building And Road Construction Equipment Market
27.1. Brazil Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Building And Road Construction Equipment Market
28.1. Middle East Building And Road Construction Equipment Market Overview
28.2. Middle East Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Building And Road Construction Equipment Market
29.1. Africa Building And Road Construction Equipment Market Overview
29.2. Africa Building And Road Construction Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Building And Road Construction Equipment Market, Segmentation By Equipment Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Building And Road Construction Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Building And Road Construction Equipment Market Competitive Landscape And Company Profiles
30.1. Building And Road Construction Equipment Market Competitive Landscape
30.2. Building And Road Construction Equipment Market Company Profiles
30.2.1. Volvo Group
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Caterpillar Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Komatsu Ltd.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Liebherr Group
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Hitachi Construction Machinery Co. Ltd.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Building And Road Construction Equipment Market Competitive Benchmarking32. Global Building And Road Construction Equipment Market Competitive Dashboard33. Key Mergers And Acquisitions In The Building And Road Construction Equipment Market
34. Building And Road Construction Equipment Market Future Outlook and Potential Analysis
34.1 Building And Road Construction Equipment Market In 2028 - Countries Offering Most New Opportunities
34.2 Building And Road Construction Equipment Market In 2028 - Segments Offering Most New Opportunities
34.3 Building And Road Construction Equipment Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Building And Road Construction Equipment Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on building and road construction equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for building and road construction equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Product Type: Motor Graders; Road Roller; Wheel Loaders; Concrete Mixer; Bulldozers; Other Product Types; 2) By Equipment Category: Earthmoving Equipment; Material-Handling Equipment; Heavy Construction Vehicles; Other Equipment Categories; 3) By Application: Building Construction; Road Construction
  • Companies Mentioned: Volvo Group; Caterpillar Inc.; Komatsu Ltd.; Liebherr Group; Hitachi Construction Machinery Co. Ltd.
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Volvo Group
  • Caterpillar Inc.
  • Komatsu Ltd.
  • Liebherr Group
  • Hitachi Construction Machinery Co. Ltd.
  • J.C. Bamford Excavators Limited
  • Terex Corporation
  • Atlas Copco Group
  • Deere and Company
  • Sany Heavy Industry Co. Ltd.
  • Wacker Neuson SE
  • CNH Industrial NV
  • Xuzhou Construction Machinery Group Co. Ltd.
  • Zoomlion Heavy Industry Science and Technology Co. Ltd.
  • Doosan Infracore Co. Ltd.
  • Hyundai Heavy Industries Co. Ltd.
  • Wirtgen Group
  • Kobelco Construction Machinery Co. Ltd.
  • Manitowoc Company Inc.
  • Bell Equipment Ltd.
  • Astec Industries Inc.
  • Bopparder Maschinenbau-Gesellschaft mbH
  • Case Construction Equipment
  • FAYAT Group
  • Gomaco Corporation Inc.
  • HAMM AG
  • JLG Industries Inc.
  • Konecranes Oyj
  • Kubota Corporation
  • LiuGong Machinery Corp. Ltd.
  • Manitou Group
  • Palfinger AG
  • Putzmeister Holding GmbH
  • Sennebogen Maschinenfabrik GmbH
  • Tadano Ltd.
  • Takeuchi Mfg. Co. Ltd.

Methodology

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