Market Overview:
The global construction machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for construction equipment in developing countries, owing to the rise in infrastructure development activities. Additionally, the growing urbanization and industrialization are also propelling the demand for construction machinery globally. Based on type, excavating machinery held a major share of the global construction machinery market in 2017 and is projected to maintain its dominance during the forecast period as well. Road roller was another key type of equipment used in construction projects and accounted for a significant share of this market in 2017.
Product Definition:
Construction Machinery is a type of heavy equipment that is used in the construction industry. It includes things like bulldozers, backhoes, and cranes. Construction Machinery can be used to move earth, dig trenches, and lift heavy objects. It is important for the construction industry because it makes it possible to do tasks that would otherwise be very difficult or impossible.
Excavating Machinery:
Excavating machinery is used to remove material from the excavation site. It includes backhoe, mini excavator, dozers, scrapers and graders. Excavation is a term used in construction for removing soil or digging down to create a new foundation or cellar. The most common types of excavators are compacted earthmoving equipment and heavy earthmoving equipment such as spreader-grader and front loader.
Loading Machinery:
loading machinery is used in construction machineries for the purpose of moving building materials such as steel, glass, and concrete from one place to another. It comprises of a number of components including boom, trailer or truck, unloading arms or cranes among others. The boom consists of a horizontal arm at the end with wheels on it which allows transportation by rolling over rough surfaces.
Application Insights:
The public construction segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing government expenditure on infrastructure development across various countries. For instance, according to a study by Oxford Economics, China will invest USD 4 trillion in new infrastructure projects between 2016 and 2020 which is expected to drive demand for construction machinery during this period.
The residential sector is also anticipated to witness significant growth owing to rising disposable income among consumers and rapid urbanization in developing countries such as India and Brazil. Moreover, favorable government policies regarding affordable housing are expected to further fuel market demand over the forecast period. Increasing commercial & industrial constructions across regions coupled with growing population has resulted in increased requirement of earthmoving equipment such as backhoe loaders & excavators etc., which is projectededto drive industry expansion over the coming years.
Regional Analysis:
Asia Pacific construction machinery market is anticipated to witness significant growth over the forecast period. The region’s rapid economic development, coupled with increasing infrastructure activities in key countries such as China and India, is expected to be a major factor driving the demand for construction machinery in Asia Pacific. In addition, rising government investments and favorable regulatory policies aimed at promoting industrialization are also likely to contribute toward industry growth over the coming years.
The European market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to stringent regulations regarding fuel emissions and use of eco-friendly materials coupled with growing public works projects initiated by regional governments are expected drive product demand over the forecast period.
Growth Factors:
- Increasing demand for construction and infrastructure projects across the globe
- Growing urbanization and industrialization in developing countries
- Rising disposable income of consumers in emerging markets
- Technological advancements in construction machinery industry
- Stringent government regulations for safety and environment-friendly operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Construction Machinery Market Research Report
By Type
Excavating Machinery, Loading Machinery, Road Roller, Piling Machinery, Concrete Machinery, Others
By Application
Public Construction
By Companies
Caterpillar, Komatsu, Deere, Volvo Construction Equipment, SANY Group Company Ltd., Hitachi Construction Machinery, Doosan, Liebherr Group, XCMG, Zoomlion, JCB, Kobelco, CNH Global, Hyundai Construction Equipment Company, 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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Construction Machinery Market Report Segments:
The global Construction Machinery market is segmented on the basis of:
Types
Excavating Machinery, Loading Machinery, Road Roller, Piling Machinery, Concrete Machinery, Others
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
Public Construction
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
- Komatsu
- Deere
- Volvo Construction Equipment
- SANY Group Company Ltd.
- Hitachi Construction Machinery
- Doosan
- Liebherr Group
- XCMG
- Zoomlion
- JCB
- Kobelco
- CNH Global
- Hyundai Construction Equipment Company
- Kubota
Highlights of The Construction Machinery 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:
- Excavating Machinery
- Loading Machinery
- Road Roller
- Piling Machinery
- Concrete Machinery
- Others
- By Application:
- Public Construction
- 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 Construction Machinery 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?
Construction machinery is a broad term that refers to any equipment used in the construction industry. This can include heavy equipment, such as bulldozers and backhoes, as well as smaller tools and machines used for specific tasks, such as welding or carpentry.
Some of the major players in the construction machinery market are Caterpillar, Komatsu, Deere, Volvo Construction Equipment, SANY Group Company Ltd., Hitachi Construction Machinery, Doosan, Liebherr Group, XCMG, Zoomlion, JCB, Kobelco, CNH Global, Hyundai Construction Equipment Company, Kubota.
The construction machinery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Construction Machinery 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 Construction Machinery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Construction Machinery 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 Construction Machinery 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 Construction Machinery Market Size & Forecast, 2020-2028
4.5.1 Construction Machinery Market Size and Y-o-Y Growth
4.5.2 Construction Machinery 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 Excavating Machinery
5.2.2 Loading Machinery
5.2.3 Road Roller
5.2.4 Piling Machinery
5.2.5 Concrete Machinery
5.2.6 Others
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 Public Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Construction Machinery 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 Construction Machinery 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 Excavating Machinery
9.6.2 Loading Machinery
9.6.3 Road Roller
9.6.4 Piling Machinery
9.6.5 Concrete Machinery
9.6.6 Others
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 Public Construction
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 Excavating Machinery
10.6.2 Loading Machinery
10.6.3 Road Roller
10.6.4 Piling Machinery
10.6.5 Concrete Machinery
10.6.6 Others
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 Public Construction
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 Excavating Machinery
11.6.2 Loading Machinery
11.6.3 Road Roller
11.6.4 Piling Machinery
11.6.5 Concrete Machinery
11.6.6 Others
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 Public Construction
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 Excavating Machinery
12.6.2 Loading Machinery
12.6.3 Road Roller
12.6.4 Piling Machinery
12.6.5 Concrete Machinery
12.6.6 Others
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 Public Construction
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 Excavating Machinery
13.6.2 Loading Machinery
13.6.3 Road Roller
13.6.4 Piling Machinery
13.6.5 Concrete Machinery
13.6.6 Others
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 Public Construction
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 Construction Machinery Market: Competitive Dashboard
14.2 Global Construction Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caterpillar
14.3.2 Komatsu
14.3.3 Deere
14.3.4 Volvo Construction Equipment
14.3.5 SANY Group Company Ltd.
14.3.6 Hitachi Construction Machinery
14.3.7 Doosan
14.3.8 Liebherr Group
14.3.9 XCMG
14.3.10 Zoomlion
14.3.11 JCB
14.3.12 Kobelco
14.3.13 CNH Global
14.3.14 Hyundai Construction Equipment Company
14.3.15 Kubota
