Construction Machinery Market By Drive Type (Electric & Hybrid and Hydraulic) and Machinery Type (Motor Grader, Cranes, Telescopic Handling, Loaders & Backhoe, Excavator and Other Machinery Types) – Global Industry Analysis And Forecast To 2025
Construction Machinery Market Outlook
The activities engaged with the projects of construction where the size of the work undertaken is vast, timely completion of work and speedy work with quality control is extremely essential part. With the end goal of accomplishing this, mechanization of the work must be done, where the machinery and equipment involved in construction assume a major job. The utilization of the machinery is growing owing to factors like; complexity & magnitude of work, projects needing large material handling, increasing standard in the outcome of the construction, to reduce the usage of finance & material and other factors. Therefore, the Construction Machinery Market is anticipated to expand and has tremendous scope during the forecast period. The global Construction Machinery Market anticipated to flourish in the future by growing at a significantly higher CAGR.
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Construction Machinery Market-Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
- Sumitomo (S.H.I) Construction Machinery Co. Ltd.
- Atlas Copco Construction & Mining
- Terex Corporation
- CNH Industrial NV
- Doosan Infracore Ltd.
- Zoomlion Heavy Industries
- Hitachi Construction Machinery Co. Ltd.
- Volvo Construction Equipment
- John Deere & Co.
- Kobelco Construction Machinery Co. Ltd
- Mitsubishi Heavy Industries
- Liebherr-International AG
Construction Machinery Market-Drivers & Restrains
The factors driving this market are; increasing number of activities related to the construction of roads due to road development activates undertaken by the government, increasing demand from the irrigation sector, rise in the lease & rent of these machinery owing to the more initial cost & maintenance cost and other factors. The restraining factor of this market is the strict rules & regulations by the government for lower emission which has increased the demand for hybrid & electric machinery.
Construction Machinery Market-Regional Insights
The Asia Pacific region is leading the global Construction Machinery Market owing to factor like; increasing demand from various economies like India, Japan & China, rise in the renting of these machinery, etc.
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1.1. Report Description
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1.1. Market Definition
3.1.2. Market Segmentation
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market Status and Outlook (2014-2025)
4.1.2. Canada Market Status and Outlook (2014-2025)
4.1.3. Mexico Market Status and Outlook (2014-2025)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market Status and Outlook (2014-2025)
4.2.2. France Market Status and Outlook (2014-2025)
4.2.3. UK Market Status and Outlook (2014-2025)
4.2.4. Russia Market Status and Outlook (2014-2025)
4.2.5. Italy Market Status and Outlook (2014-2025)
4.2.6. Rest of Europe Market Status and Outlook (2014-2025)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market Status and Outlook (2014-2025)
4.3.2. Japan Market Status and Outlook (2014-2025)
4.3.3. Korea Market Status and Outlook (2014-2025)
4.3.4. India Market Status and Outlook (2014-2025)
4.3.5. Southeast Asia Market Status and Outlook (2014-2025)
4.3.6. Rest of Asia-Pacific Market Status and Outlook (2014-2025)
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