Construction Equipment Industry Size, Share, Growth, Segmentation’s and Revenue Forecast 2014 – 2021
Construction equipment execute earthwork operations for construction related tasks. They are also known as heavy equipment or engineering equipment. Urbanization and infrastructural growth are driving the demand for construction equipment market at a fast pace.
This report examines the global construction equipment market and provides information regarding the revenue (USD Million) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
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Report includes a detailed analysis on value chain in order to provide a holistic view of the construction equipment market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the construction equipment industry, from raw material suppliers to end-users.
# Porter’s five forces model has been used to depict the impact of various factors such as:
1. Degree of competition
2. Bargaining power of suppliers
3. Threat of substitutes
4. Bargaining power of buyers
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The construction equipment market has further been segmented based on product type such as earth moving machinery (excavators, loaders, and others); material handling machinery (crawler cranes, trailer mounted cranes, truck mounted cranes and others); concrete & road construction equipment (concrete mixers & pavers, construction pumps and others); and others. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
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The construction equipment market has been segmented based on solutions such as product and service (rental and maintenance). The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2015 to 2021. Each application has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
SEGMENTATIONS IN REPORT :
A. Construction Equipment By Product Types:
1. Earth Moving Machinery
B. Material Handling Machinery:
1. Crawler Cranes
2. Trailer Mounted Cranes
3. Truck Mounted Cranes
C. Concrete & Road Construction Equipment:
1. Concrete Mixers & Pavers
2. Construction Pumps
D. Construction Equipment By Solutions: