Construction Equipment Market Dynamics – Driver, Challenge, Segment & Competition FY2030

Markntel Advisors’ report, Construction Equipment Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Construction Equipment presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Construction Equipment Market Research Report & Market Summary:

The Global Construction Equipment Market is valued at USD 156 billion in 2023 and is estimated to grow at a CAGR of around 3.01% during the forecast period, i.e., 2024-30. The market is primarily fueled by the exponential growth in the global population and an increasing focus by governments on infrastructure development to support & accommodate the needs of their citizens. Additionally, there is a rapid escalation in construction activities, leading to a heightened demand for a variety of construction equipment.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/global-construction-equipment-market.html

Construction Equipment Market Dynamics:

Key Driver-

Growing Infrastructural Development Projects Worldwide – With the rapid upgrade in the number of developmental projects across different countries across the world, various private companies & governments are augmenting the demand for construction equipment for the development & construction of commercial & residential buildings. Moreover, countries like the US, China, and India, among others, are investing substantially in public infrastructure developments & exemplifying an accelerating demand for this equipment to facilitate tasks efficiently. In addition, snowballing the number of smart city projects is another crucial aspect contributing to the growing demand for construction equipment & stimulating the overall Construction Equipment Market expansion through 2030.

Construction Equipment Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Type of Equipment

Earthmoving Equipment - Market Size & Forecast 2019-2030, (Thousand Units)
- Excavator- Market Size & Forecast 2019-2030, (Thousand Units)
- Loaders - Market Size & Forecast 2019-2030, (Thousand Units)
- Bulldozers - Market Size & Forecast 2019-2030, (Thousand Units)
- Skid Steer Loaders- Market Size & Forecast 2019-2030, (Thousand Units)
- Motor Graders- Market Size & Forecast 2019-2030, (Thousand Units)
- Crawler Loader- Market Size & Forecast 2019-2030, (Thousand Units)
- Trenchers- Market Size & Forecast 2019-2030, (Thousand Units)
- Dump trucks- Market Size & Forecast 2019-2030, (Thousand Units)
- Others- Market Size & Forecast 2019-2030, (Thousand Units)
Material Handling Equipment- Market Size & Forecast 2019-2030, (Thousand Units)
- Cranes- Market Size & Forecast 2019-2030, (Thousand Units)
- Forklift- Market Size & Forecast 2019-2030, (Thousand Units)
- Tipper- Market Size & Forecast 2019-2030, (Thousand Units)
- Others- Market Size & Forecast 2019-2030, (Thousand Units)
Other Construction Equipment- Market Size & Forecast 2019-2030, (Thousand Units)
- Road Roller -Market Size & Forecast 2019-2030, (Thousand Units)
- Diesel Generator-Market Size & Forecast 2019-2030, (Thousand Units)
- Others Market Size & Forecast 2019-2030, (Thousand Units)

Material Handling Equipment is beneficial for the storage & movement of materials & goods during their manufacturing, distribution, and disposal.

By Application

Power & Utilities- Market Size & Forecast 2019-2030, (Thousand Units)
Mining - Market Size & Forecast 2019-2030, (Thousand Units)
Hospitality- Market Size & Forecast 2019-2030, (Thousand Units)
Residential- Market Size & Forecast 2019-2030, (Thousand Units)
Healthcare & Educational- Market Size & Forecast 2019-2030, (Thousand Units)
Roads & Highway- Market Size & Forecast 2019-2030, (Thousand Units)
Manufacturing Units- Market Size & Forecast 2019-2030, (Thousand Units)
Other- Market Size & Forecast 2019-2030, (Thousand Units)

By Power Output

Less than 100 HP- Market Size & Forecast 2019-2030, (Thousand Units)
101-200 HP- Market Size & Forecast 2019-2030, (Thousand Units)
201-400 HP- Market Size & Forecast 2019-2030, (Thousand Units)
More than 400 HP- Market Size & Forecast 2019-2030, (Thousand Units)

By Propulsion

Diesel- Market Size & Forecast 2019-2030, (Thousand Units)
Gas - Market Size & Forecast 2019-2030, (Thousand Units)
- CNG -Market Size & Forecast 2019-2030, (Thousand Units)
- LPG -Market Size & Forecast 2019-2030, (Thousand Units)
Electric- Market Size & Forecast 2019-2030, (Thousand Units)

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

The Middle East & Africa is anticipated to dominate the Construction Equipment Market with the largest share during the forecast period.

As indicated in the latest market research report published by Markntel Advisors, “Construction Equipment Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Construction Equipment industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/global-construction-equipment-market.html

Top Companies Operating in the Construction Equipment Market:

Caterpillar
Volvo
Komatsu
CNH Industrial
Liebherr
Hitachi Construction
John Deere
Dooson
JCB
Terex
CEAT Limited

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
What are the trends influencing the current scenario of the market?
What leading factors would propel and impede the industry across the geography?
How has the industry been evolving in terms of geography & Construction Equipment Market adoption?
How has the competition been shaping up across the geography?

Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.