Market Overview:
The global used 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 used construction machinery in developing countries, owing to the growing infrastructure and construction activities. In addition, the increasing adoption of advanced technologies in construction equipment is also contributing to the growth of this market. Based on type, hydraulic excavators accounted for a major share of the global used construction machinery market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high demand across various applications such as construction and mining.
Product Definition:
Construction machinery is heavy equipment used in the construction industry. It includes cranes, bulldozers, excavators and various other types of earth movers.
Hydraulic Excavators:
Construction equipment is an essential part of the construction industry. It includes a variety of heavy-duty machinery used for constructing buildings, roadways, bridges, and other infrastructure. The global construction equipment market is expected to witness significant growth over the forecast period owing to increasing infrastructural development across the globe.
Wheel Loaders:
Construction equipment is an essential part of the construction industry. It includes a variety of heavy-duty equipment used for construction work including loaders, backhoe, excavators, and skidsteers among others. The global construction machinery market size was valued at USD 39.62 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to increasing urbanization & industrialization across emerging economies such as China & India among others.
Application Insights:
The construction application segment accounted for the largest share of over 50.0% in 2017 and is anticipated to witness significant growth over the forecast period. The rising demand for cement, steel, and other building materials has resulted in an increased requirement of used construction machinery across the globe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to rapid infrastructure development in emerging economies, such as China and India. In addition, rising demand for commercial construction projects in these countries is anticipated to drive the product demand over the forecast period.
The Asia Pacific was followed by Europe with a revenue share of 34.8% in 2017 on account of high construction activities across major European countries including Germany, Italy, and France due to increasing government spending on infrastructural development projects along with growing tourism sector has led to an increase in equipment adoption across these regions over the past few years.
Growth Factors:
- Increasing demand for used construction machinery from the developing countries as they are replacing the traditional methods of construction with modern techniques.
- Rising investments in infrastructure development projects across the globe is expected to create a positive impact on the demand for used construction machinery market over the forecast period.
- Proliferation of rental services for used construction equipment is anticipated to fuel growth of this market during the forecast period.
- Growing awareness about environment-friendly and energy-efficient equipment is projected to boost adoption of used construction machinery in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Used Construction Machinery Market Research Report
By Type
Hydraulic Excavators, Wheel Loaders, Mini Excavators
By Application
Construction, Mining, Other
By Companies
Caterpillar, Hitachi Construction Machinery, Komatsu, Volvo Construction Equipment, Xuzhou Construction Machinery Group, Cat, Sany, Atlas Copco, Probst, PAUS
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Used Construction Machinery Market Report Segments:
The global Used Construction Machinery market is segmented on the basis of:
Types
Hydraulic Excavators, Wheel Loaders, Mini Excavators
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
Construction, Mining, Other
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
- Hitachi Construction Machinery
- Komatsu
- Volvo Construction Equipment
- Xuzhou Construction Machinery Group
- Cat
- Sany
- Atlas Copco
- Probst
- PAUS
Highlights of The Used 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:
- Hydraulic Excavators
- Wheel Loaders
- Mini Excavators
- By Application:
- Construction
- Mining
- Other
- 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 Used 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 used to build, maintain, and repair buildings and other structures. It includes machines that move materials around, such as bulldozers and backhoes; machines that cut or shape materials, such as saws and drills; machines that heat or cool materials, such as air conditioners; and machines that operate heavy equipment, like trucks.
Some of the major players in the used construction machinery market are Caterpillar, Hitachi Construction Machinery, Komatsu, Volvo Construction Equipment, Xuzhou Construction Machinery Group, Cat, Sany, Atlas Copco, Probst, PAUS.
The used construction machinery market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Used Construction Machinery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Used Construction Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Used Construction Machinery Market - Supply Chain
4.5. Global Used Construction Machinery Market Forecast
4.5.1. Used Construction Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Used Construction Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Used Construction Machinery Market Absolute $ Opportunity
5. Global Used Construction Machinery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Used Construction Machinery Market Size and Volume Forecast by Type
5.3.1. Hydraulic Excavators
5.3.2. Wheel Loaders
5.3.3. Mini Excavators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Used Construction Machinery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Used Construction Machinery Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Mining
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Used Construction Machinery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Used Construction Machinery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Used Construction Machinery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Used Construction Machinery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Used Construction Machinery Demand Share Forecast, 2019-2026
9. North America Used Construction Machinery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Used Construction Machinery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Used Construction Machinery Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Mining
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Used Construction Machinery Market Size and Volume Forecast by Type
9.7.1. Hydraulic Excavators
9.7.2. Wheel Loaders
9.7.3. Mini Excavators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Used Construction Machinery Demand Share Forecast, 2019-2026
10. Latin America Used Construction Machinery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Used Construction Machinery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Used Construction Machinery Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Mining
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Used Construction Machinery Market Size and Volume Forecast by Type
10.7.1. Hydraulic Excavators
10.7.2. Wheel Loaders
10.7.3. Mini Excavators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Used Construction Machinery Demand Share Forecast, 2019-2026
11. Europe Used Construction Machinery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Used Construction Machinery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Used Construction Machinery Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Mining
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Used Construction Machinery Market Size and Volume Forecast by Type
11.7.1. Hydraulic Excavators
11.7.2. Wheel Loaders
11.7.3. Mini Excavators
11.8. Basis Point Share (BPS) Aalysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Used Construction Machinery Demand Share, 2019-2026
12. Asia Pacific Used Construction Machinery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Used Construction Machinery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Used Construction Machinery Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Mining
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Used Construction Machinery Market Size and Volume Forecast by Type
12.7.1. Hydraulic Excavators
12.7.2. Wheel Loaders
12.7.3. Mini Excavators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Used Construction Machinery Demand Share, 2019-2026
13. Middle East & Africa Used Construction Machinery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Used Construction Machinery Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Used Construction Machinery Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Mining
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Used Construction Machinery Market Size and Volume Forecast by Type
13.7.1. Hydraulic Excavators
13.7.2. Wheel Loaders
13.7.3. Mini Excavators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Used Construction Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Used Construction Machinery Market: Market Share Analysis
14.2. Used Construction Machinery Distributors and Customers
14.3. Used Construction Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Caterpillar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hitachi Construction Machinery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Komatsu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Volvo Construction Equipment
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xuzhou Construction Machinery Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cat
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sany
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atlas Copco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Probst
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PAUS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
