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Construction Equipment Market Size, Share, Trends and Analysis 2020

Construction equipment, also known as heavy equipment, are specially designed machinery for performing construction operations.

These equipment are used for different functions such as drilling, hauling, excavating, paving and grading. The global construction equipment market covers different industries including manufacturing, oil and gas, forestry, military and public works. The global construction equipment market is expected to exhibit steady growth in the forecast period 2015-2020. Growing industrial activities and swift residential & commercial development along with increased investment of government in the infrastructure sector, will lead to an overall rise of the global construction equipment market.

Increasing application of construction equipment in operations such as earthmoving, excavation, and lifting & material handling, is expected to fuel the market for construction equipment. Currently, earthmoving application holds a relatively higher market share as compared to the other applications. Geographically, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific is presently the largest market for construction equipment and would grow at the highest rate during the forecast period. The growth would primarily be driven by the ongoing developments in the real estate and infrastructure sector, which would foster the demand for construction equipment in this region.

For more info, visit us at: https://www.alliedmarketresearch.com/construction-equipment-market


KEY BENEFITS

  • The report provides an in-depth analysis to identify the key market trends and dynamics in the global construction equipment market
  • The market estimations made in the report offer high-end analysis of the key market segments
  • The report highlights the market scenario across various regions such as North America, Europe, Asia-Pacific and LAMEA
  • Extensive analysis provides clear understanding of competitive scenario of the construction equipment market
  • The studies evaluating value chain have been taken into account to help in understanding the competitive environment across the geographies
  • Detailed SWOT analysis of the key market players is provided to illustrate the adopted business strategies
  • The report entails the detailed quantitative analysis of the current market and estimations through 2014–2020 that assists in identifying the prevailing market opportunities to capitalize on

KEY PLAYERS

  • J.C. Bamford Excavators Limited (JCB)
  • Caterpillar Inc.
  • Volvo Construction Equipment
  • Doosan Heavy Industries & Construction
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co., Ltd.
  • Liebherr Group
  • Kobe SteelFeature Articles, Ltd. (Kobelco)
  • Atlas Copco
  • CNH Industria


Website: https://www.alliedmarketresearch.com

Article Tags: Construction Equipment Market, Global Construction Equipment, Construction Equipment, Equipment Market, Global Construction

Source: Free Articles from ArticlesFactory.com

ABOUT THE AUTHOR


I work as a Digital Marketing Executive  . Over the past 3 to 4 years, I have contributed as a guest blogger on several niche market blog sites, including Smart Homes . I completely understand the need for an unbiased and thoroughly researched content. My passion for research on different topics makes my blogs/articles interesting and relevant.



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