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Construction Equipment Market Analysis, Market Size, Share, Growth, Trends, Competitive Strategies And Forecast, 2012 To 2020

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Construction equipment market has been witnessing strong growth over the last few years on account of increasing demand from construction sector across the globe.
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Construction Equipment Market Analysis, Market Size,
Share, Growth, Trends, Competitive Strategies And
Forecast, 2012 To 2020
Industry Insights
Construction equipment market has been witnessing strong growth over the last few years on account
of increasing demand from construction sector across the globe. Construction equipment demand has
been increasing owing to increasing government spending on infrastructure development including
residential and non- residential projects in emerging countries such as India, china and Brazil.
Continuous growth in infrastructure is anticipated to enhance the application scope of construction
equipment. Increasing mining activities is the key factor expected to drive the market over the
foreseeable period. Due to the scarcity of crude oil and natural gas, major mining industries started
operating at deep sea levels. Increasing mining activities in deep sea level and ultra-deep sea level
require advanced equipment for the safe operation of mining activities.
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This requirement of advanced equipment for mining activities has been supporting the construction
equipment market growth over the last few years and the trend is expected to continue over the
forecast period. Handling construction equipment requires skilled labor and complete observance with
safety regulations. High operating and maintenance cost of this equipment is the key challenge for
market players to handle their working capital. Moreover, reducing green house gases emission and
meeting regulatory mandates from EPA is one of the challenging factors for the market participants.
Technological development facilitated the real time monitoring in order to detect and monitor
equipment failure.
Product Insights
Earth Moving equipment was the largest product segment in 2013 on account of increasing demand
from construction activities such as foundation building and trench digging. Earth moving equipment
mainly comprises loaders, excavators, loaders and graders. Among all earth moving equipments, loaders
held the major share in 2013, and are expected to hold their position over the foreseeable period.
Material handling equipment is anticipated to witness strong growth over the next five years on account
of significant growth in application areas. Material handling materials mainly include trailer mounted
cranes, crawler cranes and truck mounted cranes.
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Concrete and road construction equipment has been witnessing strong demand over the last few years
on account of increasing construction projects across the BRICS region. Growing residential and non
residential projects coupled with increasing population in India and China is anticipated to boost the
demand for construction sector over the forecast period. Increasing demand for construction is
anticipated to augment construction equipment market growth over the next five years. Increasing
government spending on infrastructure development including roads, metro rails, flyovers and
commercial complexes is anticipated to surge the market growth over the forecast period.
Regional Insights
Asia pacific was the largest regional market for construction equipment over the last few years and is
expected to remain the dominant regional market over the next five years. Increasing construction
activities on account of infrastructure development in emerging nations such as India and China is the
key factor expected to drive the market in this region. Asia Pacific has given tough competition to well
established North America and Europe markets over the last few years. North America has been
witnessing significant growth over the recent past on account of increasing demand from coal mining
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industries in this region. Growing Infrastructure in Brazil is anticipated to boost the construction
equipment demand in the region over the forecast period.
Competitive Insights
Major market players in Europe and North America has been increasing their investment in R&D for the
development of technologically advanced equipment to lower the production cost and meet the
mandates set forth by regulatory boards such as EPA. Major players in construction equipment market
include Caterpillar Inc., Komatsu Limited, Hitachi Construction Machinery Co., John Deere, Terex
Company and CNH Global.
Table of Contents
Chapter 1 Executive Summary
1.1 Construction Equipment - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Construction Equipment Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Construction Equipment Value Chain Analysis
2.4 Construction Equipment Market Dynamics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter's
2.7 Construction Equipment - Company Market Share Analysis, 2013
2.8 Construction Equipment - PESTEL Analysis
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Chapter 3 Construction Equipment Product Outlook
3.1 Earth Moving Machinery
3.2 Material Handling Machinery
3.3 Concrete & Road Construction Equipment
3.4 Others
Chapter 4 Construction Equipment Regional Outlook
4.1 North America
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4.2 Europe
4.3 Asia Pacific
4.4 RoW
Chapter 5 Construction Equipment - Competitive Landscape
5.1 Atlas Copco
5.2 Caterpillar Inc.
5.3 CNH Global NV
5.4 Doosan
5.5 Escorts Group
5.6 Hitachi Construction Machinery
5.7 Hyundai Heavy Industries Ltd
Chapter 6 Methodology and Scope
6.1 Research Methodology
6.2 Research Scope & Assumption
6.3 List of Data Sources
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom
research and consulting services to a host of key industries across the globe. We offer comprehensive
business intelligence in the form of industry reports which help our clients obtain clarity about their
business environment and enable them to undertake strategic growth initiatives.
Contact Information:
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Felton, California 95018
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