Global Heavy Construction Equipment Market 2030

Heavy Construction Equipment Market Size was esteemed at USD 197618.9 million of every 2023. The Heavy Construction Equipment industry is projected to develop from USD 206708.4 million of every 2024 to USD 298201.2 million by 2030, displaying a build yearly development rate (CAGR) of 4.7% during the review period.

Worldwide, purchasers are calling for more mechanically progressed, eco-friendly hardware to help construction exercises. Taking on innovation brings down working costs and brings down work costs by following the work done at each level of the interaction. By offering products, administrations, or arrangements that completely use ICT (Information and Communication Technology) and IoT (Internet of Things) innovation, players are meaning to grow their business spaces. They are likewise attempting to present state of the art equipment that can tackle social and natural issues as well as addressing client needs. Subsequently, these machines are more interesting to end customers. As of late, the Feline Cutting edge tractors were found to be the ideal supplement for the business methodology of an Australian organization called Dark Feline Common.

Market Segmentation

In terms of type, the global Heavy Construction Equipment market is classified into earthmoving equipment, material handling, heavy vehicle, crushers, and others.

In terms of application, the market is segmented into excavation & demolition, material handling, heavy lifting, recycling & waste management, and tunnelling.

The end use industry segment of the Market includes metal, mineral, coal, aggregate, infrastructure, real estate, oil & gas, mining, forestry & agriculture, and others.

Regional Insights

Asia Pacific nations display the quickest financial development rates around the world. In this manner, the Asia-Pacific region is supposed to be a huge market pushing the worldwide construction industry, with expanded construction exercises in China, India, and ASEAN nations.

The US has pushed to be a developing market in light of the gigantic interest in the land area. Since most recent decade, there has been a gigantic interest emerging from private as well as business section. Centering the business reason, the US government has taken up to build the construction of air terminals dams, extensions, streets and which has end up being a key income age for the construction enterprises. The markets for heavy construction equipment in Canada and the US are moderately equivalent. Construction, forestry, mining, oil and energy creation are the principal enterprises that import U.S. construction equipment for. Numerous American producers of construction equipment run assembling, deals, and administration tasks in Canada. To help these end clients, homegrown Canadian producers additionally make mining, forestry, and construction equipment as well as auxiliary help and fix parts.

Major Players

The prominent players in the market are Volvo Group, Liebherr AG, Construction Machinery Group Co., Ltd., Wacker Neuson SE, Sany Heavy Industry Co., Ltd., JCB, CNH Industrial N.V, Caterpillar Inc, Xuzhou Terex Corporation, Hitachi Construction Machinery Co., Ltd., Deere & Company, Doosan Bobcat, Komatsu Ltd.

Product Code: MRFR/CO/0210-CR

1 EXECUTIVE SUMMARY

1.1 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY TYPE
1.2 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
1.3 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END USE
1.4 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN & BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR ADVANCED CONSTRUCTION EQUIPMENT
- 4.2.2 RISING INVESTMENT IN CONSTRUCTION AND INFRASTRUCTURE
- 4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 ENVIRONMENTAL CONCERN RELATED WITH THE USE OF CONSTRUCTION EQUIPMENT
- 4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
- 4.4.1 GROWING POPULARITY OF CONSTRUCTION EQUIPMENT RENTAL SERVICES
4.5 IMPACT OF COVID-19 ON GLOBAL ECONOMY
4.6 IMPACT OF COVID-19 ON THE GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET
4.7 SUPPLY CHAIN IMPACT
- 4.7.1 IMPACT ON DISTRIBUTION/LOGISTICS

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 R&D
- 5.1.2 MANUFACTURING
- 5.1.3 DISTRIBUTION & SALES
- 5.1.4 POST-SALES MONITORING
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY TYPE

6.1 OVERVIEW
6.2 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET SIZE, MARKET ESTIMATES & FORECAST BY TYPE,-2030
- 6.2.1 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET SIZE: MARKET ESTIMATES & FORECAST BY TYPE,-2030

7 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION

7.1 OVERVIEW
7.2 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET SIZE, MARKET ESTIMATES & FORECAST BY APPLICATION,-2030
- 7.2.1 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET SIZE: MARKET ESTIMATES & FORECAST BY APPLICATION,-2030

8 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END USE

8.1 OVERVIEW
8.2 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET SIZE, MARKET ESTIMATES & FORECAST BY END USE,-2030
- 8.2.1 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET SIZE: MARKET ESTIMATES & FORECAST BY END USE,-2030

9 GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION

9.1 OVERVIEW
9.2 NORTH AMERICA
9.3 EUROPE
9.4 ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.6 SOUTH AMERICA

10 COMPETITIVE LANDSCAPE

10.1 COMPETITIVE OVERVIEW
10.2 COMPETITIVE BENCHMARKING
10.3 MAJOR PLAYERS IN THE GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET
10.4 MARKET SHARE ANALYSIS, BY MACHINE TYPE IN
10.5 MARKET SHARE ANALYSIS, BY INDUSTRY IN
10.6 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE GLOBAL HEAVY CONSTRUCTION EQUIPMENT MARKET
10.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.7.1 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
- 10.7.2 ACQUISITION/PARTNERSHIP

11 COMPANY PROFILES

11.1 VOLVO GROUP
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 SANY HEAVY INDUSTRY CO., LTD.
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 LIEBHERR AG
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 JCB
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS/SERVICES OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 CNH INDUSTRIAL N.V
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS/SERVICES OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 CATERPILLAR INC
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS/SERVICES OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 XUZHOU CONSTRUCTION MACHINERY GROUP CO., LTD.
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS/SERVICES OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 TEREX CORPORATION
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS/SERVICES OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 WACKER NEUSON SE
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 HITACHI CONSTRUCTION MACHINERY CO., LTD.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES
11.11 DEERE & COMPANY
- 11.11.1 COMPANY OVERVIEW
- 11.11.2 FINANCIAL OVERVIEW
- 11.11.3 PRODUCTS OFFERED
- 11.11.4 KEY DEVELOPMENTS
- 11.11.5 SWOT ANALYSIS
- 11.11.6 KEY STRATEGIES
11.12 DOOSAN BOBCAT
- 11.12.1 COMPANY OVERVIEW
- 11.12.2 FINANCIAL OVERVIEW
- 11.12.3 PRODUCTS OFFERED
- 11.12.4 KEY DEVELOPMENTS
- 11.12.5 SWOT ANALYSIS
- 11.12.6 KEY STRATEGIES
11.13 KOMATSU LTD
- 11.13.1 COMPANY OVERVIEW
- 11.13.2 FINANCIAL OVERVIEW
- 11.13.3 PRODUCTS OFFERED
- 11.13.4 KEY DEVELOPMENTS
- 11.13.5 SWOT ANALYSIS
- 11.13.6 KEY STRATEGIES