Europe - Construction Equipment Market by Application and Product - Forecast and Analysis 2023-2027

Published: May 2023 Pages: 171 SKU: IRTNTR40774

Europe Construction Equipment Market Analysis Report 2023-2027:

The Europe Construction Equipment Market size is estimated to grow at a CAGR of 4.4% between 2022 and 2027 and the size of the market is forecast to increase by USD 9.04 billion. The growth of the market depends on several factors such as the increasing government infrastructure investments, the increasing urbanization, and the growing demand for sustainable construction.

This report extensively covers market segmentation by application (commercial, residential, and infrastructure), and product (earthmoving equipment, material handling equipment, concrete equipment, road construction equipment, and others). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Europe Construction Equipment Market During the Forecast Period?

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Technavio’s Exclusive Construction Equipment Market in Europe Customer Landscape

Our analysis of the adoption life cycle of the market indicates its movement between the innovator’s stage and the laggard’s stage. The report illustrates the lifecycle of the market, focusing on the adoption rates of the major countries. Technavio has included key purchase criteria, adoption rates, adoption lifecycles, and drivers of price sensitivity to help companies evaluate and develop growth strategies from 2022 to 2027. 

Global Construction Equipment Market in Europe Customer Landscape

Key Drivers, Trends, and Challenges

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Key  Driver

Increasing government infrastructure investments is one of the key drivers driving the market growth. The large-scale infrastructure projects financed by the European Union (EU) and different national governments are driving significant demand in the construction equipment market in Europe. These investments are intended to develop renewable energy projects, modernize urban areas, and enhance transportation networks. The construction of highways, roads, bridges, railways, airports, and energy facilities has increased due to this.

Moreover, to support these projects, there is an increasing demand for construction machinery such as excavators, bulldozers, loaders, and cranes. The replacement and upgrade of outdated equipment with contemporary, more effective, and environmentally friendly construction equipment have been prompted by the strict regulations pertaining to emissions and safety standards in Europe, which, in turn, will foster the growth of the market during the forecast period.

Significant Trends

Increasing demand for electric construction equipment is the key trend driving the market growth. Electric construction equipment, such as excavators, loaders, and compactors that are equipped with electric motors rather than conventional internal combustion engines, is becoming increasingly prevalent in the construction equipment market in Europe. Environmental regulations that are too strict and rising sustainability concerns in the area are the main factors driving this trend. For instance, nations such as Norway are pushing for the adoption of electric construction equipment and have set ambitious goals to ban the sales of fossil-fueled construction equipment by 2025.

Additionally, electric construction equipment has advantages such as lower emissions, lower noise levels, and lower operating costs that appeal to construction companies looking for more economical and environmentally friendly solutions. As a result, there is a rising need for electric construction equipment in Europe, and many manufacturers are investing in R&D to satisfy this new market need. Hence, the growing demand for electric construction equipment will drive the growth of the market during the forecast period.

Major  Challenge

The high cost associated with construction equipment is hindering market growth. The market is significantly challenged by the high cost of construction equipment. Purchasing expensive construction equipment requires construction companies to invest a significant amount. However, these companies frequently face financial limitations, which can restrict their ability to make investments to purchase new equipment. This can negatively impact the growth of the market. The financial burden on construction companies can be made more severe by the high costs of maintenance and operations.

Due to this, businesses might be forced to use old and outdated equipment, which can reduce productivity and efficiency. To ensure the continued expansion and growth of the market in Europe, it is imperative to address the high costs associated with construction equipment. Therefore, the high cost of construction equipment is a significant issue that can impede the development of the market during the forecast period.

Who are the Major Construction Equipment Market Vendors in Europe?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB Volvo - The company offers trucks, buses, construction equipment, and power solutions for marine and industrial applications. It also offers financing and services.

Atlas Copco UK - The company offers sustainable productivity solutions such as innovative compressors, construction equipment, vacuum solutions, and air treatment equipment.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:

  • Caterpillar Inc.
  • CNH Industrial NV
  • Doosan Corp.
  • Hitachi Construction Machinery Co. Ltd.
  • J C Bamford Excavators Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Komatsu Ltd.
  • Liebherr International Deutschland GmbH
  • Deere and Co.
  • Kobe Steel Ltd.
  • Kubota Corp.
  • SANY Group
  • Schaeffler AG
  • Sunward Intelligent Equipment Group
  • Terex Corp.
  • XCMG Group
  • Yanmar Holdings Co. Ltd.
  • ZEPPELIN GmbH

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Construction Equipment Market Segmentation in Europe  by Product and Application 

Product Segment Analysis: 

The commercial segment will account for a major share of the market's growth during the forecast period.  Construction equipment for commercial use has been in high demand due to Europe's booming construction sector. The need for construction equipment has increased throughout the region as a result of factors such as urbanization, infrastructure improvement, and increased construction activity.

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The commercial segment was valued at USD 14.51 billion in 2017 and continued to grow until 2021. The adoption of cutting-edge technologies such as telematics and the Internet of Things (IoT) in commercial construction equipment has increased their productivity and efficiency even more. To track fuel consumption, equipment utilization, and maintenance schedules, construction companies in the UK are increasingly using telematics-enabled construction equipment. This improves operational performance and reduces costs. Additionally, the demand for eco-friendly and energy-efficient construction equipment in commercial applications has been fueled by the growing emphasis on sustainability and environmental regulations. For instance, due to their lower emissions and decreased noise pollution, the use of electric-powered construction equipment, including electric excavators and loaders, has become more popular in Europe.

Application Analysis:

Based on application, the market has been segmented into earthmoving equipment, material handling equipment, concrete equipment, road construction equipment, and others. The earthmoving equipment segment will account for the largest share of this segment. Earthmoving equipment is the most contributing product segment of the Europe-construction equipment market. Earthmoving is the beginning of most construction activities and helps prepare a construction site for concrete work. Earthmoving equipment performs digging, moving, grading, and processing a large amount of soil and dirt. Earthmovers are also used for landscaping when a construction site approaches completion. The rise in construction activities and the development of infrastructure by the governments have increased the demand for earthmoving equipment in Europe.

The key drivers of the increased growth of the earthmovers segment are rise in government spending on infrastructure development, increased investments in infrastructure projects from the private sector, growing mining activities due to rising demand for minerals, and strong repair and maintenance work in construction projects. Europe is one of the largest manufacturers of earthmoving equipment and one of the leading exporters. Vendors in Europe provide widespread export of construction equipment. The increase in granting building permits in Europe has been driving construction activities in Europe, eventually increasing the demand for earthmovers. The floor area index is the measure of usable floor space authorized in construction. Hence, the Earthmovers product segment is expected to witness growth, which, in turn, will drive the growth of the market during the forecast period.

Segment Overview

The construction equipment market report in Europe forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Billion, 2017 - 2027)
    • Earthmoving equipment
    • Material handling equipment
    • Concrete equipment
    • Road construction equipment
    • Others 
  • Application Outlook (USD Billion, 2017 - 2027)
    • Commercial
    • Residential
    • Infrastructure

Construction Equipment Market Scope in Europe

Report Coverage

Details

Page number

171

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.4%

Market growth 2023-2027

USD 9.04 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.58

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

AB Volvo, Atlas Copco UK, Caterpillar Inc., CNH Industrial NV, Doosan Corp., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Kawasaki Heavy Industries Ltd., Komatsu Ltd., Liebherr International Deutschland GmbH, Deere and Co., Kobe Steel Ltd., Kubota Corp., SANY Group, Schaeffler AG, Sunward Intelligent Equipment Group, Terex Corp., XCMG Group, Yanmar Holdings Co. Ltd., and ZEPPELIN GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Construction Equipment Market Report in Europe?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the construction equipment market in Europe between 2023 and 2027
  • Precise estimation of the construction equipment market size in Europe and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across Europe
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of construction equipment market vendors in Europe

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Europe: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Regional - Market size and forecast 2022-2027 ($ billion)

    4 Historic Market Size

    • 4.1 Construction equipment market in Europe 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on construction equipment market in Europe 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Product Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 29: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 30: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 31: Chart on Comparison by Application
      • Exhibit 32: Data Table on Comparison by Application
    • 6.3 Commercial - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 34: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 6.4 Residential - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 38: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 6.5 Infrastructure - Market size and forecast 2022-2027
      • Exhibit 41: Chart on Infrastructure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 42: Data Table on Infrastructure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Chart on Infrastructure - Year-over-year growth 2022-2027 (%)
      • Exhibit 44: Data Table on Infrastructure - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 45: Market opportunity by Application ($ billion)
      • Exhibit 46: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 47: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Product - Market share 2022-2027 (%)
    • 7.2 Comparison by Product
      • Exhibit 49: Chart on Comparison by Product
      • Exhibit 50: Data Table on Comparison by Product
    • 7.3 Earthmoving equipment - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Earthmoving equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Earthmoving equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Earthmoving equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Earthmoving equipment - Year-over-year growth 2022-2027 (%)
    • 7.4 Material handling equipment - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Material handling equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Material handling equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Material handling equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Material handling equipment - Year-over-year growth 2022-2027 (%)
    • 7.5 Concrete equipment - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Concrete equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Concrete equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Concrete equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Concrete equipment - Year-over-year growth 2022-2027 (%)
    • 7.6 Road construction equipment - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Road construction equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Road construction equipment - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Road construction equipment - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Road construction equipment - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Product
      • Exhibit 71: Market opportunity by Product ($ billion)
      • Exhibit 72: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 74: Chart on Market share by geography - 2022-2027 (%)
      • Exhibit 75: Data Table on Market share by geography - 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 76: Chart on Geographic comparison
      • Exhibit 77: Data Table on Geographic comparison
    • 9.3 Germany - Market size and forecast 2022-2027
      • Exhibit 78: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.4 France - Market size and forecast 2022-2027
      • Exhibit 82: Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.5 UK - Market size and forecast 2022-2027
      • Exhibit 86: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.6 Italy - Market size and forecast 2022-2027
      • Exhibit 90: Chart on Italy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Data Table on Italy - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Chart on Italy - Year-over-year growth 2022-2027 (%)
      • Exhibit 93: Data Table on Italy - Year-over-year growth 2022-2027 (%)
    • 9.7 Rest of Europe - Market size and forecast 2022-2027
      • Exhibit 94: Chart on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Data Table on Rest of Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Chart on Rest of Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 97: Data Table on Rest of Europe - Year-over-year growth 2022-2027 (%)
    • 9.8 Market opportunity by geography
      • Exhibit 98: Market opportunity by geography ($ billion)
      • Exhibit 99: Data Table on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 100: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 101: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 102: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 103: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 104: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 105: Matrix on vendor position and classification
            • 12.3 AB Volvo
              • Exhibit 106: AB Volvo - Overview
              • Exhibit 107: AB Volvo - Business segments
              • Exhibit 108: AB Volvo - Key news
              • Exhibit 109: AB Volvo - Key offerings
              • Exhibit 110: AB Volvo - Segment focus
            • 12.4 Atlas Copco UK
              • Exhibit 111: Atlas Copco UK - Overview
              • Exhibit 112: Atlas Copco UK - Business segments
              • Exhibit 113: Atlas Copco UK - Key news
              • Exhibit 114: Atlas Copco UK - Key offerings
              • Exhibit 115: Atlas Copco UK - Segment focus
            • 12.5 Caterpillar Inc.
              • Exhibit 116: Caterpillar Inc. - Overview
              • Exhibit 117: Caterpillar Inc. - Business segments
              • Exhibit 118: Caterpillar Inc. - Key offerings
              • Exhibit 119: Caterpillar Inc. - Segment focus
            • 12.6 CNH Industrial NV
              • Exhibit 120: CNH Industrial NV - Overview
              • Exhibit 121: CNH Industrial NV - Business segments
              • Exhibit 122: CNH Industrial NV - Key news
              • Exhibit 123: CNH Industrial NV - Key offerings
              • Exhibit 124: CNH Industrial NV - Segment focus
            • 12.7 Deere and Co.
              • Exhibit 125: Deere and Co. - Overview
              • Exhibit 126: Deere and Co. - Business segments
              • Exhibit 127: Deere and Co. - Key news
              • Exhibit 128: Deere and Co. - Key offerings
              • Exhibit 129: Deere and Co. - Segment focus
            • 12.8 Doosan Corp.
              • Exhibit 130: Doosan Corp. - Overview
              • Exhibit 131: Doosan Corp. - Business segments
              • Exhibit 132: Doosan Corp. - Key offerings
              • Exhibit 133: Doosan Corp. - Segment focus
            • 12.9 Hitachi Construction Machinery Co. Ltd.
              • Exhibit 134: Hitachi Construction Machinery Co. Ltd. - Overview
              • Exhibit 135: Hitachi Construction Machinery Co. Ltd. - Product / Service
              • Exhibit 136: Hitachi Construction Machinery Co. Ltd. - Key offerings
            • 12.10 J C Bamford Excavators Ltd.
              • Exhibit 137: J C Bamford Excavators Ltd. - Overview
              • Exhibit 138: J C Bamford Excavators Ltd. - Product / Service
              • Exhibit 139: J C Bamford Excavators Ltd. - Key offerings
            • 12.11 Kawasaki Heavy Industries Ltd.
              • Exhibit 140: Kawasaki Heavy Industries Ltd. - Overview
              • Exhibit 141: Kawasaki Heavy Industries Ltd. - Business segments
              • Exhibit 142: Kawasaki Heavy Industries Ltd. - Key news
              • Exhibit 143: Kawasaki Heavy Industries Ltd. - Key offerings
              • Exhibit 144: Kawasaki Heavy Industries Ltd. - Segment focus
            • 12.12 Kobe Steel Ltd.
              • Exhibit 145: Kobe Steel Ltd. - Overview
              • Exhibit 146: Kobe Steel Ltd. - Business segments
              • Exhibit 147: Kobe Steel Ltd. - Key offerings
              • Exhibit 148: Kobe Steel Ltd. - Segment focus
            • 12.13 Komatsu Ltd.
              • Exhibit 149: Komatsu Ltd. - Overview
              • Exhibit 150: Komatsu Ltd. - Business segments
              • Exhibit 151: Komatsu Ltd. - Key offerings
              • Exhibit 152: Komatsu Ltd. - Segment focus
            • 12.14 Kubota Corp.
              • Exhibit 153: Kubota Corp. - Overview
              • Exhibit 154: Kubota Corp. - Business segments
              • Exhibit 155: Kubota Corp. - Key news
              • Exhibit 156: Kubota Corp. - Key offerings
              • Exhibit 157: Kubota Corp. - Segment focus
            • 12.15 Liebherr International Deutschland GmbH
              • Exhibit 158: Liebherr International Deutschland GmbH - Overview
              • Exhibit 159: Liebherr International Deutschland GmbH - Product / Service
              • Exhibit 160: Liebherr International Deutschland GmbH - Key news
              • Exhibit 161: Liebherr International Deutschland GmbH - Key offerings
            • 12.16 SANY Group
              • Exhibit 162: SANY Group - Overview
              • Exhibit 163: SANY Group - Product / Service
              • Exhibit 164: SANY Group - Key offerings
            • 12.17 Schaeffler AG
              • Exhibit 165: Schaeffler AG - Overview
              • Exhibit 166: Schaeffler AG - Business segments
              • Exhibit 167: Schaeffler AG - Key offerings
              • Exhibit 168: Schaeffler AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 169: Inclusions checklist
                • Exhibit 170: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 171: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 172: Research methodology
                • Exhibit 173: Validation techniques employed for market sizing
                • Exhibit 174: Information sources
              • 13.5 List of abbreviations
                • Exhibit 175: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              construction equipment market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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