Construction Machinery Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR43599
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The construction machinery market size will grow up to $ 31.67 bn at a CAGR of 4% during 2021-2025.

This construction machinery market analysis report entails exhaustive statistical qualitative and quantitative data on Product (Earthmoving machinery, Material handling machinery, Concrete and road construction machinery, and Other machinery) and Geography (APAC, North America, Europe, South America, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Construction Machinery Market Size be in 2021?

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Construction Machinery Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased investment in infrastructure is notably driving the construction machinery market growth, although factors such as growing secondhand machine market may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the construction machinery market get your FREE report sample now.

This post-pandemic construction machinery market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the construction machinery market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Construction Machinery Market Vendors?

The construction machinery market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • AB Volvo
  • Caterpillar Inc.
  • CNH Industrial NV
  • Deere & Co.
  • Doosan Bobcat Inc.
  • Hitachi Construction Machinery Co. Ltd.
  • J C Bamford Excavators Ltd.
  • Komatsu Ltd.
  • Liebherr-International AG
  • Terex Corp.

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The construction machinery market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the construction machinery market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Construction Machinery Market?

Construction Machinery Market Share by Geography

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51% of the market’s growth will originate from APAC during the forecast period. China, US, India, Japan, and Germany are the key markets for construction machinery market in APAC.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in APAC is expanding manufacturing facilities. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Construction Machinery Market?

Construction Machinery Market Share by Product

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The construction machinery market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the construction machinery market size.

Construction Machinery Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 31.67 billion

Market structure

Fragmented

YoY growth (%)

2.97

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 51%

Key consumer countries

China, US, India, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International AG, and Terex Corp.

Market Dynamics

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

Customization purview

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What are the Key Factors Covered in this Construction Machinery Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive construction machinery market growth during the next five years
  • Precise estimation of the construction machinery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the construction machinery market across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of construction machinery market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Earthmoving machinery - Market size and forecast 2020-2025
    • Material handling machinery - Market size and forecast 2020-2025
    • Concrete and road construction machinery - Market size and forecast 2020-2025
    • Other machinery - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • AB Volvo
    • Caterpillar Inc.
    • CNH Industrial NV
    • Deere & Co.
    • Doosan Bobcat Inc.
    • Hitachi Construction Machinery Co. Ltd.
    • J C Bamford Excavators Ltd.
    • Komatsu Ltd.
    • Liebherr-International AG
    • Terex Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • 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.

    TechnavioINFORMATION 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
    Technavio

    TechnavioDATA 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
    Technavio

    TechnavioREPORT WRITING

    Qualitative

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

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The construction machinery market growth will increase by $33.26 billion during 2019-2024.
    The construction machinery market is expected to grow at a CAGR of 4.28% during 2019-2024.
    Technavio has segmented the construction machinery market by product (Earthmoving machinery, Material handling machinery, Concrete and road construction machinery, and Other machinery) and geographic (APAC, North America, Europe, South America, and MEA).
    AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, Terex Corp. are a few of the key vendors in the construction machinery market.
    APAC will register the highest growth rate of 34.61% among the other regions. Therefore, the construction machinery market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the construction machinery market growth are:
    • Increased investment in infrastructure
    • Increase in strategic acquisitions and partnerships
    The construction machinery market vendors should focus on grabbing business opportunities from the earthmoving machinery segment as it accounted for the largest market share in the base year.
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