MarkNtel Advisors recently published a detailed industry analysis of the Construction Equipment Market. The report covers growth trends, regional marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Construction Equipment Market (2024-2030)
The Global Construction Equipment Market size is valued at around USD 13.42 billion in 2024 and is projected to grow at a CAGR of around 57.98% during the forecast period, i.e., 2024-30.
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What is driving the Construction Equipment market?
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 Global Construction Equipment Market expansion through 2029.
What segments define the Construction Equipment market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
-By Type of Equipment
-Earthmoving Equipment – Market Size & Forecast 2019-2029, (Thousand Units)
-Excavator- Market Size & Forecast 2019-2029, (Thousand Units)
-Loaders – Market Size & Forecast 2019-2029, (Thousand Units)
-Bulldozers – Market Size & Forecast 2019-2029, (Thousand Units)
-Skid Steer Loaders- Market Size & Forecast 2019-2029, (Thousand Units)
-Motor Graders- Market Size & Forecast 2019-2029, (Thousand Units)
-Crawler Loader- Market Size & Forecast 2019-2029, (Thousand Units)
-Trenchers- Market Size & Forecast 2019-2029, (Thousand Units)
-Dump trucks- Market Size & Forecast 2019-2029, (Thousand Units)
-Others- Market Size & Forecast 2019-2029, (Thousand Units)
-Material Handling Equipment- Market Size & Forecast 2019-2029, (Thousand Units)
-Cranes- Market Size & Forecast 2019-2029, (Thousand Units)
-Forklift- Market Size & Forecast 2019-2029, (Thousand Units)
-Tipper- Market Size & Forecast 2019-2029, (Thousand Units)
-Others- Market Size & Forecast 2019-2029, (Thousand Units)
-Other Construction Equipment- Market Size & Forecast 2019-2029, (Thousand Units)
-Road Roller -Market Size & Forecast 2019-2029, (Thousand Units)
-Diesel Generator-Market Size & Forecast 2019-2029, (Thousand Units)
-Others Market Size & Forecast 2019-2029, (Thousand Units)
-By Application
-Power & Utilities- Market Size & Forecast 2019-2029, (Thousand Units)
-Mining – Market Size & Forecast 2019-2029, (Thousand Units)
-Hospitality- Market Size & Forecast 2019-2029, (Thousand Units)
-Residential- Market Size & Forecast 2019-2029, (Thousand Units)
-Healthcare & Educational- Market Size & Forecast 2019-2029, (Thousand Units)
-Roads & Highway- Market Size & Forecast 2019-2029, (Thousand Units)
-Manufacturing Units- Market Size & Forecast 2019-2029, (Thousand Units)
-Other- Market Size & Forecast 2019-2029, (Thousand Units)
-By Power Output
-Less than 100 HP- Market Size & Forecast 2019-2029, (Thousand Units)
-101-200 HP- Market Size & Forecast 2019-2029, (Thousand Units)
-201-400 HP- Market Size & Forecast 2019-2029, (Thousand Units)
-More than 400 HP- Market Size & Forecast 2019-2029, (Thousand Units)
-By Propulsion
-Diesel- Market Size & Forecast 2019-2029, (Thousand Units)
-Gas – Market Size & Forecast 2019-2029, (Thousand Units)
-CNG -Market Size & Forecast 2019-2029, (Thousand Units)
-LPG -Market Size & Forecast 2019-2029, (Thousand Units)
-Electric- Market Size & Forecast 2019-2029, (Thousand Units)
Explore the Complete Construction Equipment Market Analysis Report – https://www.marknteladvisors.com/research-library/global-construction-equipment-market.html
-By Region
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Who are the leading key players shaping the Construction Equipment Market landscape?
Caterpillar, Volvo, Komatsu, CNH Industrial, Liebherr, Hitachi Construction, John Deere, Dooson, JCB, Terex, CEAT Limited, Others
Questions Addressed in this Study
1.What factors are driving the Construction Equipment Market growth?
2.How is the Construction Equipment Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Construction Equipment Market?
4.What is the current size of the Construction Equipment Market, and how is it projected to change in the future?
6.What is the future outlook for the Construction Equipment Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, 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.
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