New York, Sept. 04, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Construction Equipment Industry" - https://www.reportlinker.com/p01053026/?utm_source=GNW
4 Billion by 2027, growing at a CAGR of 3.3% over the analysis period 2020-2027. Earthmoving Equipment, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$78.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Material Handling Equipment & Cranes segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $35 Billion, While China is Forecast to Grow at 6% CAGR
The Construction Equipment market in the U.S. is estimated at US$35 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$33.5 Billion by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
Concrete Equipment Segment to Record 4% CAGR
In the global Concrete Equipment segment, USA, Canada, Japan, China and Europe will drive the 3.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$11.7 Billion in the year 2020 will reach a projected size of US$14.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$22.6 Billion by the year 2027, while Latin America will expand at a 5% CAGR through the analysis period. We bring years of research experience to this 17th edition of our report. The 253-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Caterpillar Inc.
- Deere & Co.
- Dingsheng Tiangong Construction Machinery Co. Ltd.
- Doosan Infracore Co. Ltd.
- Hitachi Construction Machinery Co. Ltd.
- J C Bamford Excavators Ltd.
- JLG Industries Inc.
- Kobelco Construction Machinery Co. Ltd.
- Komatsu Ltd.
- Kubota Corporation
- Liebherr Group
- Lonking Holdings Limited
- Manitou Group
- Sandvik AB
- SANY Group Co. Ltd.
- Shantui Construction Machinery Co. Ltd.
- Sumitomo Heavy Industries Ltd.
- Terex Corporation
- Xuzhou Construction Machinery Group Co. Ltd.
- Xuzhou Heavy Machinery Co. Ltd.
- Zoomlion Heavy Industry Science & Technology Development Co. Ltd.
Read the full report: https://www.reportlinker.com/p01053026/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Construction Equipment - A Key Industry
Recent Market Activity
Recent Past, Current and Future Analysis
Mixed Demand Drives Focus Grows on Innovations
Equipment with Remote Monitoring Capabilities
Manufacturers Gear up on Additional Safety and Efficiency Features
Data Analytics Gain Importance to Improve Productivity and
Efficiency
Entering an Era of Autonomous Machines
Focus on Exhaust Emission Control Encourages Development of
Electric-Powered Machinery
Fuel Savings Bring the Spotlight on Hybrid Construction Machinery
Backhoe Evolution
Controlled Demolition Gain Ground
Equipment Buyers Opt for Comprehensive Package Offers
Manufacturers Focus on Niche Products
Continued Shift in Manufacturing Base
Construction Equipment Rental and Leasing Market on the Rise
Focus Grows on Customer Services
Global Competitor Market Shares
Construction Equipment Competitor Market Share Scenario
Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
AB Volvo (publ) (Sweden)
Caterpillar, Inc. (USA)
CNH Industrial N.V. (UK)
Deere & Co. (USA)
Dingsheng Tiangong Construction Machinery Co., Ltd. (China)
Doosan Infracore Co. Ltd. (South Korea)
Hitachi Construction Machinery Co., Ltd. (Japan)
J C Bamford Excavators Ltd. (UK)
JLG Industries, Inc. (USA)
Kobelco Construction Machinery Co., Ltd (Japan)
Komatsu Ltd. (Japan)
Kubota Corporation (Japan)
Liebherr Group (Germany)
Lonking Holdings Limited (China)
Manitou Group (France)
Sandvik AB (Sweden)
Sany Heavy Machinery Co. Ltd. (China)
Shantui Construction Machinery Co., Ltd. (China)
Sumitomo Heavy Industries Ltd. (Japan)
Terex Corporation (USA)
Xuzhou Construction Machinery Group Co., Ltd. (China)
Xuzhou Heavy Machinery Co., Ltd. (China)
Zoomlion Heavy Industry Science & Technology Development Co.,
Ltd. (China)
3. MARKET TRENDS & DRIVERS
Improving Economy Buoys General Market Optimism
Urbanization - A Mega Growth Driver
Expanding Middle Class Population: Positive Opportunities for
Construction Industry
4. GLOBAL MARKET PERSPECTIVE
Table 1: Construction Equipment Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 2: Construction Equipment Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019
Table 3: Construction Equipment Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Earthmoving Equipment (Equipment Type) World Market by
Region/Country in US$ Million: 2020 to 2027
Table 5: Earthmoving Equipment (Equipment Type) Historic Market
Analysis by Region/Country in US$ Million: 2012 to 2019
Table 6: Earthmoving Equipment (Equipment Type) Market Share
Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS
2027
Table 7: Material Handling Equipment & Cranes (Equipment Type)
Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Table 8: Material Handling Equipment & Cranes (Equipment Type)
Historic Market Perspective by Region/Country in US$ Million:
2012 to 2019
Table 9: Material Handling Equipment & Cranes (Equipment Type)
Market Sales Breakdown by Region/Country in Percentage: 2012 VS
2020 VS 2027
Table 10: Concrete Equipment (Equipment Type) Geographic Market
Spread Worldwide in US$ Million: 2020 to 2027
Table 11: Concrete Equipment (Equipment Type) Region Wise
Breakdown of Global Historic Demand in US$ Million: 2012 to
2019
Table 12: Concrete Equipment (Equipment Type) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027
Table 13: Other Equipment Types (Equipment Type) World Market
Estimates and Forecasts by Region/Country in US$ Million: 2020
to 2027
Table 14: Other Equipment Types (Equipment Type) Market
Historic Review by Region/Country in US$ Million: 2012 to 2019
Table 15: Other Equipment Types (Equipment Type) Market Share
Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Construction Equipment Market Share (in %) by Company:
2020 & 2025
Market Analytics
Table 16: United States Construction Equipment Market Estimates
and Projections in US$ Million by Equipment Type: 2020 to 2027
Table 17: Construction Equipment Market in the United States by
Equipment Type: A Historic Review in US$ Million for 2012-2019
Table 18: United States Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
CANADA
Table 19: Canadian Construction Equipment Market Estimates and
Forecasts in US$ Million by Equipment Type: 2020 to 2027
Table 20: Canadian Construction Equipment Historic Market
Review by Equipment Type in US$ Million: 2012-2019
Table 21: Construction Equipment Market in Canada: Percentage
Share Breakdown of Sales by Equipment Type for 2012, 2020, and
2027
JAPAN
Table 22: Japanese Market for Construction Equipment: Annual
Sales Estimates and Projections in US$ Million by Equipment
Type for the Period 2020-2027
Table 23: Construction Equipment Market in Japan: Historic
Sales Analysis in US$ Million by Equipment Type for the Period
2012-2019
Table 24: Japanese Construction Equipment Market Share Analysis
by Equipment Type: 2012 VS 2020 VS 2027
CHINA
Table 25: Chinese Construction Equipment Market Growth
Prospects in US$ Million by Equipment Type for the Period
2020-2027
Table 26: Construction Equipment Historic Market Analysis in
China in US$ Million by Equipment Type: 2012-2019
Table 27: Chinese Construction Equipment Market by Equipment
Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Construction Equipment Market: Competitor Market Share
Scenario (in %) for 2020 & 2025
Market Analytics
Table 28: European Construction Equipment Market Demand
Scenario in US$ Million by Region/Country: 2020-2027
Table 29: Construction Equipment Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019
Table 30: European Construction Equipment Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027
Table 31: European Construction Equipment Market Estimates and
Forecasts in US$ Million by Equipment Type: 2020-2027
Table 32: Construction Equipment Market in Europe in US$
Million by Equipment Type: A Historic Review for the Period
2012-2019
Table 33: European Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
FRANCE
Table 34: Construction Equipment Market in France by Equipment
Type: Estimates and Projections in US$ Million for the Period
2020-2027
Table 35: French Construction Equipment Historic Market
Scenario in US$ Million by Equipment Type: 2012-2019
Table 36: French Construction Equipment Market Share Analysis
by Equipment Type: 2012 VS 2020 VS 2027
GERMANY
Table 37: Construction Equipment Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Equipment
Type for the Period 2020-2027
Table 38: German Construction Equipment Historic Market
Analysis in US$ Million by Equipment Type: 2012-2019
Table 39: German Construction Equipment Market Share Breakdown
by Equipment Type: 2012 VS 2020 VS 2027
ITALY
Table 40: Italian Construction Equipment Market Growth
Prospects in US$ Million by Equipment Type for the Period
2020-2027
Table 41: Construction Equipment Historic Market Analysis in
Italy in US$ Million by Equipment Type: 2012-2019
Table 42: Italian Construction Equipment Market by Equipment
Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
Table 43: United Kingdom Market for Construction Equipment:
Annual Sales Estimates and Projections in US$ Million by
Equipment Type for the Period 2020-2027
Table 44: Construction Equipment Market in the United Kingdom:
Historic Sales Analysis in US$ Million by Equipment Type for
the Period 2012-2019
Table 45: United Kingdom Construction Equipment Market Share
Analysis by Equipment Type: 2012 VS 2020 VS 2027
SPAIN
Table 46: Spanish Construction Equipment Market Estimates and
Forecasts in US$ Million by Equipment Type: 2020 to 2027
Table 47: Spanish Construction Equipment Historic Market Review
by Equipment Type in US$ Million: 2012-2019
Table 48: Construction Equipment Market in Spain: Percentage
Share Breakdown of Sales by Equipment Type for 2012, 2020, and
2027
RUSSIA
Table 49: Russian Construction Equipment Market Estimates and
Projections in US$ Million by Equipment Type: 2020 to 2027
Table 50: Construction Equipment Market in Russia by Equipment
Type: A Historic Review in US$ Million for 2012-2019
Table 51: Russian Construction Equipment Market Share Breakdown
by Equipment Type: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 52: Rest of Europe Construction Equipment Market
Estimates and Forecasts in US$ Million by Equipment Type:
2020-2027
Table 53: Construction Equipment Market in Rest of Europe in
US$ Million by Equipment Type: A Historic Review for the Period
2012-2019
Table 54: Rest of Europe Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 55: Asia-Pacific Construction Equipment Market Estimates
and Forecasts in US$ Million by Region/Country: 2020-2027
Table 56: Construction Equipment Market in Asia-Pacific:
Historic Market Analysis in US$ Million by Region/Country for
the Period 2012-2019
Table 57: Asia-Pacific Construction Equipment Market Share
Analysis by Region/Country: 2012 VS 2020 VS 2027
Table 58: Construction Equipment Market in Asia-Pacific by
Equipment Type: Estimates and Projections in US$ Million for
the Period 2020-2027
Table 59: Asia-Pacific Construction Equipment Historic Market
Scenario in US$ Million by Equipment Type: 2012-2019
Table 60: Asia-Pacific Construction Equipment Market Share
Analysis by Equipment Type: 2012 VS 2020 VS 2027
AUSTRALIA
Table 61: Construction Equipment Market in Australia: Recent
Past, Current and Future Analysis in US$ Million by Equipment
Type for the Period 2020-2027
Table 62: Australian Construction Equipment Historic Market
Analysis in US$ Million by Equipment Type: 2012-2019
Table 63: Australian Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
INDIA
Table 64: Indian Construction Equipment Market Estimates and
Forecasts in US$ Million by Equipment Type: 2020 to 2027
Table 65: Indian Construction Equipment Historic Market Review
by Equipment Type in US$ Million: 2012-2019
Table 66: Construction Equipment Market in India: Percentage
Share Breakdown of Sales by Equipment Type for 2012, 2020, and
2027
SOUTH KOREA
Table 67: Construction Equipment Market in South Korea: Recent
Past, Current and Future Analysis in US$ Million by Equipment
Type for the Period 2020-2027
Table 68: South Korean Construction Equipment Historic Market
Analysis in US$ Million by Equipment Type: 2012-2019
Table 69: Construction Equipment Market Share Distribution in
South Korea by Equipment Type: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 70: Rest of Asia-Pacific Market for Construction
Equipment: Annual Sales Estimates and Projections in US$
Million by Equipment Type for the Period 2020-2027
Table 71: Construction Equipment Market in Rest of
Asia-Pacific: Historic Sales Analysis in US$ Million by
Equipment Type for the Period 2012-2019
Table 72: Rest of Asia-Pacific Construction Equipment Market
Share Analysis by Equipment Type: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 73: Latin American Construction Equipment Market Trends
by Region/Country in US$ Million: 2020-2027
Table 74: Construction Equipment Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2012-2019
Table 75: Latin American Construction Equipment Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027
Table 76: Latin American Construction Equipment Market Growth
Prospects in US$ Million by Equipment Type for the Period
2020-2027
Table 77: Construction Equipment Historic Market Analysis in
Latin America in US$ Million by Equipment Type: 2012-2019
Table 78: Latin American Construction Equipment Market by
Equipment Type: Percentage Breakdown of Sales for 2012, 2020,
and 2027
ARGENTINA
Table 79: Argentinean Construction Equipment Market Estimates
and Forecasts in US$ Million by Equipment Type: 2020-2027
Table 80: Construction Equipment Market in Argentina in US$
Million by Equipment Type: A Historic Review for the Period
2012-2019
Table 81: Argentinean Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
BRAZIL
Table 82: Construction Equipment Market in Brazil by Equipment
Type: Estimates and Projections in US$ Million for the Period
2020-2027
Table 83: Brazilian Construction Equipment Historic Market
Scenario in US$ Million by Equipment Type: 2012-2019
Table 84: Brazilian Construction Equipment Market Share
Analysis by Equipment Type: 2012 VS 2020 VS 2027
MEXICO
Table 85: Construction Equipment Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Equipment Type
for the Period 2020-2027
Table 86: Mexican Construction Equipment Historic Market
Analysis in US$ Million by Equipment Type: 2012-2019
Table 87: Mexican Construction Equipment Market Share Breakdown
by Equipment Type: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 88: Rest of Latin America Construction Equipment Market
Estimates and Projections in US$ Million by Equipment Type:
2020 to 2027
Table 89: Construction Equipment Market in Rest of Latin
America by Equipment Type: A Historic Review in US$ Million for
2012-2019
Table 90: Rest of Latin America Construction Equipment Market
Share Breakdown by Equipment Type: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 91: The Middle East Construction Equipment Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027
Table 92: Construction Equipment Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 93: The Middle East Construction Equipment Market Share
Breakdown by Region/Country: 2012, 2020, and 2027
Table 94: The Middle East Construction Equipment Market
Estimates and Forecasts in US$ Million by Equipment Type: 2020
to 2027
Table 95: The Middle East Construction Equipment Historic
Market by Equipment Type in US$ Million: 2012-2019
Table 96: Construction Equipment Market in the Middle East:
Percentage Share Breakdown of Sales by Equipment Type for
2012,2020, and 2027
IRAN
Table 97: Iranian Market for Construction Equipment: Annual
Sales Estimates and Projections in US$ Million by Equipment
Type for the Period 2020-2027
Table 98: Construction Equipment Market in Iran: Historic Sales
Analysis in US$ Million by Equipment Type for the Period
2012-2019
Table 99: Iranian Construction Equipment Market Share Analysis
by Equipment Type: 2012 VS 2020 VS 2027
ISRAEL
Table 100: Israeli Construction Equipment Market Estimates and
Forecasts in US$ Million by Equipment Type: 2020-2027
Table 101: Construction Equipment Market in Israel in US$
Million by Equipment Type: A Historic Review for the Period
2012-2019
Table 102: Israeli Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 103: Saudi Arabian Construction Equipment Market Growth
Prospects in US$ Million by Equipment Type for the Period
2020-2027
Table 104: Construction Equipment Historic Market Analysis in
Saudi Arabia in US$ Million by Equipment Type: 2012-2019
Table 105: Saudi Arabian Construction Equipment Market by
Equipment Type: Percentage Breakdown of Sales for 2012, 2020,
and 2027
UNITED ARAB EMIRATES
Table 106: Construction Equipment Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Equipment Type for the Period 2020-2027
Table 107: United Arab Emirates Construction Equipment Historic
Market Analysis in US$ Million by Equipment Type: 2012-2019
Table 108: Construction Equipment Market Share Distribution in
United Arab Emirates by Equipment Type: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 109: Construction Equipment Market in Rest of Middle
East: Recent Past, Current and Future Analysis in US$ Million
by Equipment Type for the Period 2020-2027
Table 110: Rest of Middle East Construction Equipment Historic
Market Analysis in US$ Million by Equipment Type: 2012-2019
Table 111: Rest of Middle East Construction Equipment Market
Share Breakdown by Equipment Type: 2012 VS 2020 VS 2027
AFRICA
Table 112: African Construction Equipment Market Estimates and
Projections in US$ Million by Equipment Type: 2020 to 2027
Table 113: Construction Equipment Market in Africa by Equipment
Type: A Historic Review in US$ Million for 2012-2019
Table 114: African Construction Equipment Market Share
Breakdown by Equipment Type: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 109
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