Global Construction Equipment Market to Grow at a CAGR of 8.0% (2016-2024)

New York, USA, 2018-Aug-31 — /EPR Network/ —According to Goldstein Research, global Construction equipment market is expected to reach USD 240 billion by the end of 2024 from USD 130 billion in 2016, growing at a CAGR of 8.0%. The growing construction industry, rising government expenditure on construction projects and successful partnership of private players and government including the equipment renting/leasing are the major driving factors driving the growth of the global construction equipment market. Global Construction equipment market segmentation has been done on the basis of product type, provider type, end-use industry, and geography. Earthmoving equipment accounts for the largest market share for its high demand across major kinds of construction activities and leads to higher cost effectiveness.

Global Construction equipment market is dominated by Asia-Pacific region on account of huge construction projects for the development of the region. China and India are the leading countries in the total revenue share. North America and Europe is expected to witness sluggish growth in the construction industry, impacting the construction equipment deployment.

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Market Segmentation

On the basis of our in-depth analysis, Global Construction Equipment Market can be segmented as follows:

By Product Type

  • Earthmoving Equipment
  • Road and Concrete Equipment
  • Material Handling Equipment
  • Others ( Pavers, Boring Equipment, etc)

By Provider Type

  • New Equipment Providers
  • Used Equipment Providers
  • Equipment Service and Repair Providers

By End-use Industry

  • Building Construction
  • Oil and Gas
  • Mining
  • Others (Agriculture, Military, Public Works etc)

By Region

  • North America Construction Equipment Market Analysis, 2016-2024
  • Europe Construction Equipment Market Analysis, 2016-2024
  • Middle East And Africa Construction Equipment Market Analysis, 2016-2024
  • Latin America Construction Equipment Market Analysis, 2016-2024
  • Asia Pacific Construction Equipment Market Analysis, 2016-2024
  • Rest Of The World Construction Equipment Market Analysis, 2016-2024

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“Global Construction Equipment Market Outlook 2024” contains detailed overview of the global construction equipment market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, provider type, end-use industry, and geography.

The Global Construction Equipment Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of construction equipment market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the global construction equipment market discussed in the report are Caterpillar, Hitachi Construction Machinery, Komatsu Ltd, Volvo Construction Equipment, Doosan Infracore Construction Equipment, etc.

Further, Global Construction Equipment Market Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Construction Equipment Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on automotive industry market research report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada:  1-437-886-1181

UK: +44-203-318-6627


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