The Business Research Company’s Heavy Construction Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Heavy Construction Equipment Global Market Report 2023 evaluates heavy construction equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global heavy construction equipment market size is expected to grow from $178.29 billion in 2022 to $190.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The heavy construction equipment market size is expected to grow to $243.89 billion in 2027 at a CAGR of 6.4%.
The heavy construction equipment market segments in the report are:
1) By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipment
2) By Application: Excavation and Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling, and Waste Management
3) By End User: Infrastructure, Construction, Mining, Oil and Gas, Manufacturing, Other End Users
Top Key Players
- AB Volvo
- Caterpillar Inc.
- CNH Industrial NV
- Deere And Company
- Hyundai Doosan Infracore Company Limited
Get More Information On The Heavy Construction Equipment Market Report:
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The table of contents in TBRC’s heavy construction equipment market report includes:
- Executive Summary
- Heavy Construction Equipment Market Characteristics
- Heavy Construction Equipment Market Trends And Strategies
- Heavy Construction Equipment Market – Macro Economic Scenario
- Heavy Construction Equipment Market Size And Growth
.
- Heavy Construction Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Heavy Construction Equipment Market
- Heavy Construction Equipment Market Future Outlook and Potential Analysis
- Appendix
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