Market Overview:
The global agriculture, construction, and mining machinery manufacturing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for agricultural implements, construction equipment, and mining and oil and gas field machinery from various end-use industries across the globe. Additionally, the growing population and rising disposable income are also contributing to the growth of this market. On the basis of type, construction machinery manufacturing is expected to account for a major share of the global agriculture, construction, and mining machinery manufacturing market during 2018-2030. This can be attributed to increasing demand for earthmoving equipment such as excavators & loaders from various end-use industries such as infrastructure development & construction activities across regions worldwide.
Product Definition:
The Agriculture, Construction, and Mining Machinery Manufacturing industry manufactures a wide range of machinery used in agriculture, construction, and mining. This machinery includes tractors, combines, excavators, bulldozers and other heavy equipment. Industry products are sold to end users such as farmers; construction firms; and mining companies.
Construction Machinery Manufacturing:
Construction machinery manufacturing is the production of construction equipment such as earthmoving machinery, cement mixing machines, road building machines, and concrete batching machines among others. The global construction machinery manufacturing market size was valued at USD 146.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing urbanization across emerging economies including China, India along with other Southeast Asian countries.
Agricultural Implement Manufacturing:
Agricultural implement manufacturing and it's usage in agriculture, construction, and mining machinery manufacturing market is expected to witness significant growth over the forecast period. The key drivers for this market are increasing demand for farm equipment across all major regions coupled with technological advancements in agricultural tools. Furthermore, rising population coupled with increasing disposable income has resulted in farmers' dependency on modern farming equipment which will drive the market during the estimated period of 2014-2025.
Application Insights:
The others application segment includes energy, food and beverage, chemical manufacturing, pulp and paper manufacturing. The growth of this segment can be attributed to the growing demand for machinery in these industries. For instance; agriculture is one of the major applications but only accounts for a small share in global agriculture machinery market as compared to construction and mining. However; it is expected that agricultural equipment sales will grow at a significant rate over the forecast period due to increasing population coupled with rising disposable income which encourages people to spend on consumer goods including farm equipment. This factor along with other applications such as food processing will drive global agriculture machinery industry over the forecast period.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia, Vietnam and South Korea. These countries are experiencing strong economic growth owing to rapid industrialization and urbanization. Moreover, increasing disposable income levels coupled with rising population will boost agricultural production in this region over the coming years which will further drive industry growth.
China was at the forefront of Asia Pacific agriculture machinery manufacturing industry owing to factors such as low capital cost required for setting up a plant; availability of cheap labor; easy access to electricity; water supply etc., thereby making it an attractive sector for investors across the globe. However political instability within China has led many foreign investors pull out their investments from this country due to security concerns or uncertainty about future trade policies between China and U.S.
Growth Factors:
- Increasing demand for agricultural machinery from developing countries owing to the increasing population and rising income levels.
- Growth in construction sector, especially in emerging economies, is expected to drive the demand for construction machinery over the next few years.
- Rising awareness about the benefits of using mining machinery is projected to fuel its demand over the forecast period.
- Technological advancements in agriculture, construction, and mining machinery that offer better performance and increased efficiency are likely to boost their adoption globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Agriculture, Construction, and Mining Machinery Manufacturing Market Research Report
By Type
Construction Machinery Manufacturing, Agricultural Implement Manufacturing, Mining and Oil and Gas Field Machinery Manufacturing
By Application
Agriculture, Construction, Mining, Others
By Companies
Caterpillar, Deere, CNH Industrial, Doosan Infracore, Kubota
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Agriculture, Construction, and Mining Machinery Manufacturing Market Report Segments:
The global Agriculture, Construction, and Mining Machinery Manufacturing market is segmented on the basis of:
Types
Construction Machinery Manufacturing, Agricultural Implement Manufacturing, Mining and Oil and Gas Field Machinery Manufacturing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Construction, Mining, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Caterpillar
- Deere
- CNH Industrial
- Doosan Infracore
- Kubota
Highlights of The Agriculture, Construction, and Mining Machinery Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Construction Machinery Manufacturing
- Agricultural Implement Manufacturing
- Mining and Oil and Gas Field Machinery Manufacturing
- By Application:
- Agriculture
- Construction
- Mining
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agriculture, Construction, and Mining Machinery Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agriculture, construction, and mining machinery manufacturing is the production of machines and equipment used in these industries.
Some of the major players in the agriculture, construction, and mining machinery manufacturing market are Caterpillar, Deere, CNH Industrial, Doosan Infracore, Kubota.
The agriculture, construction, and mining machinery manufacturing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agriculture, Construction, and Mining Machinery Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Agriculture, Construction, and Mining Machinery Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agriculture, Construction, and Mining Machinery Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Agriculture, Construction, and Mining Machinery Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Agriculture, Construction, and Mining Machinery Manufacturing Market Size & Forecast, 2020-2028
4.5.1 Agriculture, Construction, and Mining Machinery Manufacturing Market Size and Y-o-Y Growth
4.5.2 Agriculture, Construction, and Mining Machinery Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Construction Machinery Manufacturing
5.2.2 Agricultural Implement Manufacturing
5.2.3 Mining and Oil and Gas Field Machinery Manufacturing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Construction
6.2.3 Mining
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agriculture, Construction, and Mining Machinery Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agriculture, Construction, and Mining Machinery Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Construction Machinery Manufacturing
9.6.2 Agricultural Implement Manufacturing
9.6.3 Mining and Oil and Gas Field Machinery Manufacturing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Construction
9.10.3 Mining
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Construction Machinery Manufacturing
10.6.2 Agricultural Implement Manufacturing
10.6.3 Mining and Oil and Gas Field Machinery Manufacturing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Construction
10.10.3 Mining
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Construction Machinery Manufacturing
11.6.2 Agricultural Implement Manufacturing
11.6.3 Mining and Oil and Gas Field Machinery Manufacturing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Construction
11.10.3 Mining
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Construction Machinery Manufacturing
12.6.2 Agricultural Implement Manufacturing
12.6.3 Mining and Oil and Gas Field Machinery Manufacturing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Construction
12.10.3 Mining
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Construction Machinery Manufacturing
13.6.2 Agricultural Implement Manufacturing
13.6.3 Mining and Oil and Gas Field Machinery Manufacturing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Construction
13.10.3 Mining
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agriculture, Construction, and Mining Machinery Manufacturing Market: Competitive Dashboard
14.2 Global Agriculture, Construction, and Mining Machinery Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caterpillar
14.3.2 Deere
14.3.3 CNH Industrial
14.3.4 Doosan Infracore
14.3.5 Kubota
