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Global Construction Machinery Market to reach USD 174.20 billion by 2027.

Global Construction Machinery Market Size study, by Machinery Type (Crane, Telescopic Handlers, Excavators, Loaders & backbone, Motor Grander and others), by Drive Type (Hydraulic and Electric & Hybrid) and Regional Forecasts 2020-2027

Product Code: OIRBAC_75885181
Publish Date: 7-07-2020
Page: 200

Global Construction Machinery Market is valued at approximately USD 127.30 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.30 % over the forecast period 2020-2027. Construction machinery is also defined as heavy-duty vehicles, specifically designed for the completion of construction tasks, such as the construction of houses, roads or other structures and the mining of mines. activities like surface mining and underground mining. The market is expected to grow with significant pace over the forecast years due to the rise in construction projects across the globe. according to global construction 2030 report, it is estimated that by 2030, the construction output is expected to grow by 85% and USD 15.5 trillion globally, where china is leading the growth followed by US and India. The average growth of the industry is estimated to be 3.9% by 2030. The US construction industry is expected to grow at faster rate by 5% p.a. as compared to China. Since, construction machinery allows safety, and efficiency to complete construction projects in a timely manner. Additionally, the market is driven by growing public & private partnerships across the globe. However, lack of harmonized emission regulations globally. Whereas, renting as well as leasing of construction equipment is creating a lucrative opportunity for the market growth.

The regional analysis of the global Construction Machinery Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading as well as fastest growing region in the global construction machinery market due to the rapid growth in infrastructure development in the region along with presence of favorable government norms supporting construction sector.

Major market player included in this report are:
Caterpillar Inc.
JCB India Limited
CNG Industrial NV
Hitachi Construction Machinery Co. Ltd.
Deere & Company
Kobelco construction Machinery Co. Ltd.
Komatsu Ltd.
Mitsubishi Heavy Industrial Ltd.
Volvo Group
Doosan infracore Co. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Machinery Type offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Machinery Type:
Telescopic Handlers
Loaders & Backbone
Motor Grader

By Drive Type:

Electric and Hybrid

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.

Target Audience of the Global Interventional cardiology devices market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Construction Machinery market, by Region, 2018-2027 (USD Billion)
1.2.2. Construction Machinery market, by Machinery Type, 2018-2027 (USD Billion)
1.2.3. Construction Machinery market, by Drive type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Construction Machinery Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Construction Machinery Market Dynamics
3.1. Construction Machinery Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Construction Machinery Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Construction Machinery market, by Machinery Type
5.1. Market Snapshot
5.2. Global Construction Machinery Market by Machinery Type ,by performance- Potential Analysis
5.3. Global Construction Machinery Market Estimates & Forecasts by Machinery Type 2017-2027 (USD Billion)
5.4. Construction Machinery market, Sub Segment Analysis
5.4.1. Crane
5.4.2. Telescopic Handlers
5.4.3. Excavators
5.4.4. Loaders & Backbone
5.4.5. Motor Grader
5.4.6. Others
Chapter 6. Global Construction Machinery market, by Drive type
6.1. Market Snapshot
6.2. Global Construction Machinery Market by Drive type ,by performance- Potential Analysis
6.3. Global Construction Machinery Market Estimates & Forecasts by Drive type 2017-2027 (USD Billion)
6.4. Construction Machinery market, Sub Segment Analysis
6.4.1. Hydraulic
6.4.2. Electric and Hybrid
Chapter 7. Global Construction Machinery market, Regional Analysis
7.1. Construction Machinery market, Regional Market Snapshot
7.2. North America Construction Machinery Market
7.2.1. U.S. Construction Machinery market Machinery Type breakdown estimates & forecasts, 2017-2027 Drive type breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Construction Machinery market
7.3. Europe Construction Machinery Market Snapshot
7.3.1. U.K. Construction Machinery Market
7.3.2. Germany Construction Machinery market
7.3.3. France Construction Machinery market
7.3.4. Spain Construction Machinery market
7.3.5. Italy Construction Machinery market
7.3.6. Rest of Europe Construction Machinery market
7.4. Asia-Pacific Construction Machinery Market Snapshot
7.4.1. China Construction Machinery Market
7.4.2. India Construction Machinery Market
7.4.3. Japan Construction Machinery market
7.4.4. Australia Construction Machinery market
7.4.5. South Korea Construction Machinery market
7.4.6. Rest of Asia Pacific Construction Machinery market
7.5. Latin America Construction Machinery Market Snapshot
7.5.1. Brazil Construction Machinery market
7.5.2. Mexico Construction Machinery market
7.6. Rest of The World Construction Machinery market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Caterpillar Inc. Key Information Overview Financial (Subject to Data Availability) Machinery Type Summary Recent Developments
8.2.2. JCB India Limited
8.2.3. CNG Industrial NV
8.2.4. Hitachi Construction Machinery Co. Ltd.
8.2.5. Deere & Company
8.2.6. Kobelco construction Machinery Co. Ltd.
8.2.7. Komatsu Ltd.
8.2.8. Mitsubishi Heavy Industrial Ltd.
8.2.9. Volvo Group
8.2.10. Doosan infracore Co. Ltd.

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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