Construction Machinery Market by Application, Product and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 183 SKU: IRTNTR43599

Construction Machinery Market Analysis Forecast 2023-2027

The construction machinery market size is estimated to grow at a CAGR of 4.3% between 2022 and 2027. The size of the market is forecast to increase by USD 41.41 billion. The growth of the market depends on several factors, including the increased investment in infrastructure, the expanding manufacturing and distribution facilities, and the new product launches.

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

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Construction Machinery Market: Key Drivers, Trends, Challenges, and Customer Landscape

 Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Construction Machinery Market Driver

One of the key factors driving growth in the construction equipment market is the increased investment in infrastructure. The demand for construction machinery is growing due to the increasing investment in infrastructure projects across the world. Governments across the world are investing significantly in the development of sports infrastructure and facilities. The 2022 FIFA World Cup to be held in Qatar is increasing construction spending in the Middle Eastern regions. Similarly, Qatar's local organization is planning to build nine new stadiums and renovate three existing stadiums for the event.

Furthermore, the spending on capital-intensive projects and infrastructure development is expected to grow significantly in the next decade, which will augment the growth of the global construction machinery market during the forecast period. Moreover, some construction projects were on hold owing to the COVID-19 pandemic-induced restrictions and norms. However, governments across the world are looking forward to investing in healthcare infrastructure and building hospitals.

Significant Construction Machinery Market Trends

The growing trend of construction equipment rentals is a primary trend for supporting the construction equipment market share growth. The global construction machinery rental market has high penetration in the developed countries of Europe, MEA, and North America. This trend of renting construction machinery is rapidly gaining momentum in developing countries as well. The growing infrastructure spending in Asia is fueling construction activities in the region, which will drive the construction machinery rental market in the region during the forecast period.

Moreover, Construction machinery can be leased to a mining or construction company for a specific time period, and after the completion of a project, it can be leased to another company. Thus, the steady growth of the global construction machinery rental market is anticipated to limit the growth of the construction machinery market in focus. The vendors in the market are aligning their business operations and handing over some of their facilities as a part of their business strategy to achieve optimum benefits. Such factors will increase the market growth during the forecast period..

Major Construction Machinery Market Challenge

The growing secondhand machine market will be a major challenge for the construction equipment market during the forecast period. Several manufacturing and mining industries in the US and Europe, especially in countries such as Romania and Germany, were closed because of high labor costs and strict pollution laws. This has resulted in the increased availability of secondhand machines. Furthermore, many Asian contractors and mining companies are eager to buy secondhand European construction machinery such as excavators at low prices. By using secondhand machines, contractors can control their capital investments as these machines are available at affordable prices.

Moreover, small manufacturers find it challenging to buy new European machines due to their high costs. Once refurbished and reconditioned, these machines become as good as new ones. Therefore, the growing secondhand machine market will limit the demand for new construction machinery.

Key Construction Machinery Market Customer Landscape

The construction market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Construction Machinery Market Customer Landscape

Who are the Major Construction Machinery Market Vendors?

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 construction equipment market.

Volvoce- The company offers construction machinery such as Compact excavators, Crawler excavators, Wheeled excavators, Compact wheel loaders, and Pavers.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Caterpillar Inc.
  • Deere and Co.
  • Doosan Bobcat Inc.
  • Hitachi Ltd.
  • Hyundai Motor Co.
  • J C Bamford Excavators Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Kobe Steel Ltd.
  • Komatsu Ltd.
  • Liebherr International AG
  • Linamar Corp.
  • Manitou Group
  • SANY Group
  • Tadano Ltd.
  • Terex Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Construction Machinery Market?

The construction equipment market share growth by the commercial segment will be significant during the forecast period. The commercial segment consists of commercial buildings, such as shops, hotels, restaurants, office spaces, industrial buildings, schools, and hospitals. This segment is expected to grow as both developed and developing economies are likely to invest heavily in this segment during the forecast period.

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The commercial segment was valued at USD 68.44 billion in 2017 and continue to grow by 2021. Growth in the commercial segment will accelerate the growth of the global construction equipment market during the forecast period. The emergence of multinational companies has led to a rise in the number of employees and office spaces globally. Moreover, the rising number of technological and business parks is triggering the demand for construction machinery in commercial spaces, which is expected to increase further during the forecast period. 

Which are the Key Regions for the Construction Machinery Market?

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APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Growing construction activity in emerging countries such as India, Afghanistan, and Bangladesh, attributes to the growth of the construction equipment market in APAC. The construction market is expected to grow steadily in APAC during the forecast period, generating demand for new infrastructures to provide residential and commercial spaces for the growing urban population. On the other hand, emerging economies are experiencing huge growth in both commercial and residential construction.

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. COVID-19 led to an upsurge in the demand for APAC. However, in 2021 after the vaccination drive, everything was slowly getting back to normal. The governments in APAC countries made appropriate efforts to improve the construction industry. The construction machinery industry accounts for 8% of India's GDP and is valued at approximately $126 billion. The industry reports forecast building materials to record a CAGR of 15.7% y-o-y to reach $738.5 billion by 2022. The government of India has allocated $1.93 billion for Urban Rejuvenation Mission, AMRUT, and Smart Cities Mission in the Union Budget. This will lead to moderate growth in the market during the forecast period. 

Segment Overview

The construction machinery report 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. 

  • Application Outlook (USD Billion, 2017 - 2027)
    • Commercial
    • Residential
    • Infrastructure
  • Product Outlook (USD Billion, 2017 - 2027)
    • Earthmoving machinery
    • Material handling machinery
    • Concrete and road construction machinery
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Construction Machinery Market Scope

Report Coverage

Details

Page number

183

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.3%

Market growth 2023-2027

USD 41.41 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.5

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

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

Key companies profiled

AB Volvo, Caterpillar Inc., Deere and Co., Doosan Bobcat Inc., Hitachi Ltd., Hyundai Motor Co., J C Bamford Excavators Ltd., Kawasaki Heavy Industries Ltd., Kobe Steel Ltd., Komatsu Ltd., Liebherr International AG, Linamar Corp., Manitou Group, SANY Group, Tadano Ltd., Terex Corp., XCMG Group, Zoomlion Heavy Industry Science and Technology Co. Ltd., Yanmar Holdings Co. Ltd., and CNH Industrial NV

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 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 Machinery Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the construction machinery market between 2023 and 2027
  • Precise estimation of the size of the construction machinery market size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of construction machinery market vendors

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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 Global 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 Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global Construction Machinery Market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global Construction Machinery Market 2017 - 2021 ($ billion)
    • 4.2 Applicaton Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Applicaton 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)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Commercial - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 6.4 Residential - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 6.5 Infrastructure - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Infrastructure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 43: Data Table on Infrastructure - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 44: Chart on Infrastructure - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Infrastructure - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: 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 machinery - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Earthmoving machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 52: Data Table on Earthmoving machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Chart on Earthmoving machinery - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Earthmoving machinery - Year-over-year growth 2022-2027 (%)
    • 7.4 Material handling machinery - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Material handling machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 56: Data Table on Material handling machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Chart on Material handling machinery - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Material handling machinery - Year-over-year growth 2022-2027 (%)
    • 7.5 Concrete and road construction machinery - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Concrete and road construction machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 60: Data Table on Concrete and road construction machinery - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 61: Chart on Concrete and road construction machinery - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Concrete and road construction machinery - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Product
      • Exhibit 67: Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 69: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 71: Chart on Geographic comparison
      • Exhibit 72: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 113: 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 114: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 116: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 117: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 118: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 119: Matrix on vendor position and classification
            • 12.3 AB Volvo
              • Exhibit 120: AB Volvo - Overview
              • Exhibit 121: AB Volvo - Business segments
              • Exhibit 122: AB Volvo - Key offerings
              • Exhibit 123: AB Volvo - Segment focus
            • 12.4 Caterpillar Inc.
              • Exhibit 124: Caterpillar Inc. - Overview
              • Exhibit 125: Caterpillar Inc. - Business segments
              • Exhibit 126: Caterpillar Inc. - Key offerings
              • Exhibit 127: Caterpillar Inc. - Segment focus
            • 12.5 CNH Industrial NV
              • Exhibit 128: CNH Industrial NV - Overview
              • Exhibit 129: CNH Industrial NV - Business segments
              • Exhibit 130: CNH Industrial NV - Key news
              • Exhibit 131: CNH Industrial NV - Key offerings
              • Exhibit 132: CNH Industrial NV - Segment focus
            • 12.6 Deere and Co.
              • Exhibit 133: Deere and Co. - Overview
              • Exhibit 134: Deere and Co. - Business segments
              • Exhibit 135: Deere and Co. - Key news
              • Exhibit 136: Deere and Co. - Key offerings
              • Exhibit 137: Deere and Co. - Segment focus
            • 12.7 Doosan Bobcat Inc.
              • Exhibit 138: Doosan Bobcat Inc. - Overview
              • Exhibit 139: Doosan Bobcat Inc. - Business segments
              • Exhibit 140: Doosan Bobcat Inc. - Key news
              • Exhibit 141: Doosan Bobcat Inc. - Key offerings
              • Exhibit 142: Doosan Bobcat Inc. - Segment focus
            • 12.8 Hitachi Ltd.
              • Exhibit 143: Hitachi Ltd. - Overview
              • Exhibit 144: Hitachi Ltd. - Business segments
              • Exhibit 145: Hitachi Ltd. - Key news
              • Exhibit 146: Hitachi Ltd. - Key offerings
              • Exhibit 147: Hitachi Ltd. - Segment focus
            • 12.9 Hyundai Motor Co.
              • Exhibit 148: Hyundai Motor Co. - Overview
              • Exhibit 149: Hyundai Motor Co. - Business segments
              • Exhibit 150: Hyundai Motor Co. - Key news
              • Exhibit 151: Hyundai Motor Co. - Key offerings
              • Exhibit 152: Hyundai Motor Co. - Segment focus
            • 12.10 J C Bamford Excavators Ltd.
              • Exhibit 153: J C Bamford Excavators Ltd. - Overview
              • Exhibit 154: J C Bamford Excavators Ltd. - Product / Service
              • Exhibit 155: J C Bamford Excavators Ltd. - Key offerings
            • 12.11 Kawasaki Heavy Industries Ltd.
              • Exhibit 156: Kawasaki Heavy Industries Ltd. - Overview
              • Exhibit 157: Kawasaki Heavy Industries Ltd. - Business segments
              • Exhibit 158: Kawasaki Heavy Industries Ltd. - Key news
              • Exhibit 159: Kawasaki Heavy Industries Ltd. - Key offerings
              • Exhibit 160: Kawasaki Heavy Industries Ltd. - Segment focus
            • 12.12 Kobe Steel Ltd.
              • Exhibit 161: Kobe Steel Ltd. - Overview
              • Exhibit 162: Kobe Steel Ltd. - Business segments
              • Exhibit 163: Kobe Steel Ltd. - Key offerings
              • Exhibit 164: Kobe Steel Ltd. - Segment focus
            • 12.13 Komatsu Ltd.
              • Exhibit 165: Komatsu Ltd. - Overview
              • Exhibit 166: Komatsu Ltd. - Business segments
              • Exhibit 167: Komatsu Ltd. - Key news
              • Exhibit 168: Komatsu Ltd. - Key offerings
              • Exhibit 169: Komatsu Ltd. - Segment focus
            • 12.14 Liebherr International AG
              • Exhibit 170: Liebherr International AG - Overview
              • Exhibit 171: Liebherr International AG - Product / Service
              • Exhibit 172: Liebherr International AG - Key news
              • Exhibit 173: Liebherr International AG - Key offerings
            • 12.15 Manitou Group
              • Exhibit 174: Manitou Group - Overview
              • Exhibit 175: Manitou Group - Product / Service
              • Exhibit 176: Manitou Group - Key offerings
            • 12.16 SANY Group
              • Exhibit 177: SANY Group - Overview
              • Exhibit 178: SANY Group - Product / Service
              • Exhibit 179: SANY Group - Key offerings
            • 12.17 Terex Corp.
              • Exhibit 180: Terex Corp. - Overview
              • Exhibit 181: Terex Corp. - Business segments
              • Exhibit 182: Terex Corp. - Key offerings
              • Exhibit 183: Terex Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: 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

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              construction machinery 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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