HOME Top Market Reports Heavy Construction Equipment Market: By Types (Earthmoving, Material Handling, Heavy Construction Vehicles, Others), Application Areas (Infrastructure, Commercial, Residential), and Geography - Global Trends & Forecast To 2018

Heavy Construction Equipment Market: By Types (Earthmoving, Material Handling, Heavy Construction Vehicles, Others), Application Areas (Infrastructure, Commercial, Residential), and Geography - Global Trends & Forecast To 2018

By: marketsandmarkets.com
Publishing Date: July 2013
Report Code: ED 2079

 

Enquiry Before Buying
 
purchase report
download pdf  request for customisation


Heavy construction equipment are used directly and extensively in capital-intensive projects; hence, trends in fixed investment are extremely salient determinants of demand for such products. The continuous increasing demand of new infrastructure enhances the demand of construction machinery across the globe. The construction equipment industry has grown at respectable-to-healthy rates, especially in growing economies. Additionally, the heavy construction equipment market has a wide spectrum of equipment type and the growth of this industry is supplementing the equipment market day-by-day.

The global market growth is directly related to the worldwide infrastructural development activities. Addition of new technologies to the existing systems has been an ongoing trend within the market which leads to the adoption of heavy construction equipment over time. Some of the major players operating within the global market arena include Caterpillar, Terex, Komatsu Ltd., CNH, and John Deere.

This market study focuses on major heavy construction equipment used primarily for construction applications along with other applications such as mining. The equipment include earthmoving equipment, construction vehicles, material handling equipment, concrete machinery, and other construction equipment such as compactors, pavers, and road rollers. The market is further segmented on the basis of applications, which primarily constitute infrastructure, non-residential buildings, and residential buildings. Regionally, the market is segmented by North America, Latin America, Asia-Pacific, Europe, and ROW.

The high investment in the construction industry, especially in growing economies, is one of the prime factors responsible for the global market’s expansion. Huge investments in infrastructural projects in BRIC countries have spurred the demand for heavy construction equipment for commercial and residential purpose. The Asia-Pacific region has given a tough competition to well-established European and U.S. markets when it comes to heavy machinery. The increasing demand in Brazil is one of the key factors for the market growth. This is owing to the continued economic growth and political steadiness in the country. The construction companies are now focusing their attention to India.

Heavy construction equipments include four main categories: earthmoving, material handling, heavy construction vehicles, and other heavy construction equipment. Earthmoving machinery is a collective term used for a group of equipment. This typically includes excavators, loaders, bulldozers, crawler dozers, scrappers, and shovels. Out of the four major categories, earthmoving equipment held a major market share of around 78% in 2012

 Table Of Contents 
 
1 Introduction (Page No. - 19)
  1.1 Key Take Aways
  1.2 Report Description
  1.3 Markets Covered
  1.4 Stakeholders
  1.5 Research Methodology
      1.5.1 Market Size
      1.5.2 Key Data Points Taken From Secondary Sources
      1.5.3 Key Data Points Taken From Primary Sources
      1.5.4 Assumptions Made For This Report
 
2 Executive Summary (Page No. - 25)

3 Premium Insights (Page No. - 27)
  3.1 Market Transition From 2013 To 2018
  3.2 Asia-Pacific Dominating The Global Market
  3.3 Heavy Construction Equipment: Regional Market Growth Scenario
  3.4 Earthmoving Equipment: Widely Used
  3.5 Exclusive Demand For Infrastructure Area
  3.6 Leading Market Players: Strong Product Portfolio

4 Market Overview (Page No. - 40)
  4.1 Introduction
  4.2 Market Dynamics
      4.2.1 Drivers
            4.2.1.1 Increased Demand From Bric Countries Supporting The Growth For Construction Equipment
                    4.2.1.1.1 Construction Development In Russia As It Hosts 2018 Fifa World Cup
                    4.2.1.1.2 High Demand From Brazil
      4.2.2 Restraint
            4.2.2.1 High Cost Of Heavy Construction Equipment Restricts Small Investors To Purchase The Machinery
      4.2.3 Opportunity
            4.2.3.1 Entry Of Global Oems Present Opportunities For Domestic Players
      4.2.4 Burning Issue
            4.2.4.1 Preventive Maintenance Of Heavy Equipment – Key Criteria For Avoiding Equipment Failure
      4.2.5 Winning Imperative
            4.2.5.1 Remanufacturing
  4.3 Value Chain Analysis
      4.3.1 Raw Material Suppliers
      4.3.2 Original Equipment Manufacturers
      4.3.3 Contractors
      4.3.4 End-Users
  4.4 Porter’s Five Forces Analysis
      4.4.1 Threat Of New Entrants
      4.4.2 Threat Of Substitutes
      4.4.3 Buyers’ Power
      4.4.4 Suppliers’ Power
      4.4.5 Degree Of Competition
  4.5 Market Share Analysis

5 Heavy Construction Equipment Market, By Types (Page No. - 54)
  5.1 Introduction
  5.2 Market Analysis
      5.2.1 Earthmoving Equipment
            5.2.1.1 Definition & Description
            5.2.1.2 Analysis By Types
                    5.2.1.2.1 Excavators
                    5.2.1.2.2 Loaders
            5.2.1.3 Analysis By Geography
                    5.2.1.3.1 Excavators
                              5.2.1.3.1.1 Crawler Excavators
                              5.2.1.3.1.2 Mini Excavators
                              5.2.1.3.1.3 Wheeled Excavators
                    5.2.1.3.2 Loaders
                              5.2.1.3.2.1 Wheeled Loaders
                              5.2.1.3.2.2 Skid-Steer Loaders
                    5.2.1.3.3 Backhoe
                    5.2.1.3.4 Motor Graders
                    5.2.1.3.5 Other Earthmoving Market
      5.2.2 Material Handling Equipment
            5.2.2.1 Definition & Description
            5.2.2.2 Analysis By Types
            5.2.2.3 Analysis By Geography
                    5.2.2.3.1 Cranes
                    5.2.2.3.2 Telescopic Handlers
                    5.2.2.3.3 Other Material Handling Market 
      5.2.3 Heavy Construction Vehicles
            5.2.3.1 Definition & Description
            5.2.3.2 Analysis By Types
            5.2.3.3 Analysis By Geography
                    5.2.3.3.1 Dumpers
                    5.2.3.3.2 Tippers
      5.2.4 Others Market 
            5.2.4.1 Definition & Description
            5.2.4.2 Analysis By Types
            5.2.4.3 Analysis By Geography
                    5.2.4.3.1 Compactors & Road Rollers
                    5.2.4.3.2 Pavers/Asphalt Finishers
                    5.2.4.3.3 Other Market
 
6 Heavy Construction Equipment Market, By Application Areas (Page No. - 86)
  6.1 Introduction
  6.2 Market Analysis
      6.2.1 Market Analysis Of Asia-Pacific
      6.2.2 Market Analysis Of Europe
      6.2.3 Market Analysis Of North America
      6.2.4 Market Analysis Of South & Central America
      6.2.5 Market Analysis Of Row

7 Heavy Construction Equipment Market, By Geography (Page No. - 96)
  7.1 Introduction
  7.2 Market Analysis
      7.2.1 Asia-Pacific
            7.2.1.1 Industry Trend
            7.2.1.2 Analysis By Countries
            7.2.1.3 Analysis By Types
                    7.2.1.3.1 Earthmoving Equipment
                              7.2.1.3.1.1 Asia-Pacific Excavators Market
                              7.2.1.3.1.2 Asia-Pacific Loaders Market
                    7.2.1.3.2 Material Handling Equipment
                    7.2.1.3.3 Construction Vehicles
                    7.2.1.3.4 Other Market 
      7.2.2 Europe
            7.2.2.1 Industry Trend
            7.2.2.3 Analysis By Types
                    7.2.2.3.1 Earthmoving Equipment
                              7.2.2.3.1.1 Europe Excavators Market
                              7.2.2.3.1.2 Europe Loaders Market
                    7.2.2.3.2 Material Handling Equipment
                    7.2.2.3.3 Construction Vehicles
                    7.2.2.3.4 Other Market
      7.2.3 North America
            7.2.3.1 Industry Trend
            7.2.3.2 Analysis By Countries
            7.2.3.3 Analysis By Types
                    7.2.3.3.1 Earthmoving Equipment
                              7.2.3.3.1.1 North America Excavators Market
                              7.2.3.3.1.2 North America Loaders Market
                    7.2.3.3.2 Material Handling Equipment
                    7.2.3.3.3 Construction Vehicles
                    7.2.3.3.4 Other Market 
      7.2.4 South & Central America
            7.2.4.1 Industry Trend
            7.2.4.2 Analysis By Countries
            7.2.4.3 Analysis By Types
                    7.2.4.3.1 Earthmoving Equipment
                              7.2.4.3.1.1 South & Central America Excavators Market
                              7.2.4.3.1.2 South & Central America Loaders Market 
                     7.2.4.3.2 Material Handling Equipment 
                     7.2.4.3.3 Construction Vehicles 
                     7.2.4.3.4 Other Market 
      7.2.5 Row
            7.2.5.1 Industry Trend
            7.2.5.2 Analysis By Types
                    7.2.5.2.1 Earthmoving Equipment
                              7.2.5.2.1.1 Row Excavators Market
                              7.2.5.2.1.2 Row Loaders Market
                    7.2.5.2.2 Material Handling Equipment
                    7.2.5.2.3 Construction Vehicles
                    7.2.5.2.4 Other Market

8 Competitive Landscape (Page No. - 143)
  8.1 Introdcution
  8.2 Swot Analysis Of Major Companies
      8.2.1 Caterpillar
      8.2.2 Komatsu
      8.2.3 Volvo Construction Equipment
      8.2.4 Sany Heavy Industries Co. Ltd
      8.2.5 Zoomlion Heavy Industry Science & Technology Development Co.
  8.3 Growth Strategies In Global Market
  8.4 Most Active Companies In The Global Market
  8.5 New Products Launch
  8.6 Investments & Expansions
  8.7 Agreements & Collaborations
  8.8 Mergers & Acquisitions
  8.9 Joint Venture

9 Company Profiles(Overview, Financials, Products & Services, Strategy, And Developments)* (Page No. - 172)
  9.1 Caterpillar
  9.2 Cnh Global NV
  9.3 Doosan Infracore Ltd
  9.4 Hitachi Construction Machinery Co. Ltd (HCM)
  9.5 Hyundai Heavy Industries Ltd
  9.6 JCB
  9.7 John Deere & Co.
  9.8 Kobelco Construction Machinery Co. Ltd
  9.9 Komatsu Ltd
  9.10 Liebherr-International AG
  9.11 Manitou Group
  9.12 Manitowoc Group
  9.13 Oshkosh Corporation
  9.14 Sany Heavy Industries Co. Ltd
  9.15 Sumitomo Heavy Industries Ltd
  9.16 Terex Corporation
  9.17 Volvo Construction Equipment AB
  9.18 Wirtgen Group GMBH
  9.19 Xuzhou Construction Machinery Group Co. Ltd
  9.2 Zoomlion Heavy Industry Science & Technology Development Co.
*Details On Overview, Financials, Product & Services, Strategy, And Developments Might Not Be Captured In Case Of Unlisted Companies. 
 
List Of Tables  (127 Tables)
 
Table 1 Market Revenue, By Types, 2011 – 2018 ($Million)
Table 2 Market Scenario, 2013 – 2018
Table 3 Regional Dominance & Key Market Players
Table 4 Industry: Geographical Market Growth
Table 5 Market Facts
Table 6 Application Areas & Growth Opportunities
Table 7 Product Portfolio Benchmarking Of Key Players
Table 8 Developments In Russia Before 2018
Table 9 Market Revenue, By Types, 2011 - 2018 ($Million)
Table 10 Earthmoving Heavy Construction Equipment: Market Revenue, By Types, 2011 - 2018 ($Million)
Table 11 Excavators: Market Revenue, By Types, 2011 - 2018 ($Million)
Table 12 Loaders: Market Revenue, By Types, 2011 - 2018 ($Million)
Table 13 Earthmoving Heavy Construction Equipment: Market, By Geography, 2011 - 2018 ($Million) 
Table 14 Excavators: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 15 Crawler Excavators: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 16 Mini Excavators: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 17 Wheeled Excavators: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 18 Loaders: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 19 Wheeled Loaders: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 20 Skid-Steer Loaders: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 21 Backhoe: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 22 Motor Graders: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 23 Other Earthmoving Heavy Construction Equipment: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 24 Material Handling Heavy Construction Equipment: Market, By Types, 2011 - 2018 ($Million) 
Table 25 Material Handling Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 26 Cranes: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 27 Telescopic Handlers: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 28 Other Material Handling Heavy Construction Equipment: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 29 Heavy Construction Vehicles: Market Revenue, By Types, 2011 - 2018 ($Million)
Table 30 Heavy Construction Vehicles: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 31 Dumpers: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 32 Tippers: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 33 Other Heavy Construction Equipment: Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 34 Other: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 35 Compactors & Road Rollers: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 36 Pavers/Asphalt Finishers: Market Revenue, By Geography, 2011 - 2018 ($Million)
Table 37 Other Heavy Construction Equipment: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 38 Heavy Construction Equipment: Market Revenue, By Application Areas, 2011 - 2018 ($Million) 
Table 39 Asia-Pacific: Heavy Construction Equipment Market Revenue, By Application Areas, 2011 - 2018 ($Million)
Table 40 Europe: Heavy Construction Equipment Market Revenue, By Application Areas, 2011 - 2018 ($Million) 
Table 41 North America: Heavy Construction Equipment Market Revenue, By Application Areas, 2011 - 2018 ($Million)
Table 42 S. & C. America: Heavy Construction Equipment Market Revenue, By Application Areas, 2011 - 2018 ($Million)
Table 43 Row: Heavy Construction Equipment Market, By Application Areas, 2011 - 2018 ($Million)
Table 44 Heavy Construction Equipment: Market Revenue, By Geography, 2011 - 2018 ($Million) 
Table 45 Asia-Pacific: Heavy Construction Equipment Market Revenue, By Countries, 2011 - 2018 ($Million)
Table 46 Asia-Pacific: Heavy Construction Equipment Market Revenue, By Types, 2011 - 2018 ($Million)
Table 47 Asia-Pacific: Earthmoving Market Revenue, By Types, 2011 - 2018 ($Million)
Table 48 Asia-Pacific: Excavators Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 49 Asia-Pacific: Loaders Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 50 Asia-Pacific: Material Handling Market Revenue, By Types, 2011 - 2018 ($Million)
Table 51 Asia-Pacific: Construction Vehicles Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 52 Asia-Pacific: Other Market Revenue, By Types, 2011 - 2018 ($Million)
Table 53 Europe: Heavy Construction Equipment Market Revenue, By Countries, 2011 - 2018 ($Million) 
Table 54 Europe: Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 55 Europe: Earthmoving Market Revenue, By Types, 2011 - 2018 ($Million)
Table 56 Europe: Excavators Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 57 Europe: Loaders Market Revenue, By Types, 2011 - 2018 ($Million) 
Table 58 Europe: Material Handling Market Revenue, By Types, 2011 - 2018 ($Million)
Table 59 Europe: Construction Vehicles Market Revenue, By Types, 2011 - 2018 ($Million)
Table 60 Europe: Other Market Revenue, By Types, 2011 - 2018 ($Million)
Table 61 North America: Heavy Construction Equipment Market Revenue, By Countries, 2011 – 2018 ($Million)
Table 62 North America: Market Revenue, By Types, 2011 – 2018 ($Million)
Table 63 North America: Earthmoving Market Revenue, By Types, 2011 – 2018 ($Million)
Table 64 North America: Excavators Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 65 North America: Loaders Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 66 North America: Material Handling Market Revenue, By Types, 2011 – 2018 ($Million)
Table 67 North America: Construction Vehicles Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 68 North America: Other Market Revenue, By Types, 2011 – 2018 ($Million)
Table 69 South & Central America: Heavy Construction Equipment Market Revenue, By Countries, 2011 – 2018 ($Million)
Table 70 South & Central America: Market Revenue, By Types, 2011 – 2018 ($Million)
Table 71 South & Central America: Earthmoving Market Revenue, By Types, 2011 – 2018 ($Million)
Table 72 South & Central America: Excavators Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 73 South & Central America: Loaders Market Revenue, By Types, 2011 – 2018 ($Million)
Table 74 South & Central America: Material Handling Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 75 South & Central America: Construction Vehicles Market Revenue, By Types, 2011 – 2018 ($Million)
Table 76 South & Central America: Other Market Revenue, By Types, 2011 – 2018 ($Million)
Table 77 Row: Heavy Construction Equipment Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 78 Row: Earthmoving Market Revenue, By Types, 2011 – 2018 ($Million)
Table 79 Row: Excavators Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 80 Row Loaders: Market Revenue, By Types, 2011 – 2018 ($Million)
Table 81 Row: Material Handling Market Revenue, By Types, 2011 – 2018 ($Million)
Table 82 Row: Construction Vehicles Market Revenue, By Types, 2011 – 2018 ($Million) 
Table 83 Row: Other Market Revenue, By Types, 2011 – 2018 ($Million)
Table 84 New Products Launch, 2011 – 2013
Table 85 Investments & Expansion, 2011 – 2013
Table 86 Agreements & Collaborations, 2011 – 2013
Table 87 Mergers & Acquisitions, 2011 – 2013
Table 88 Joint Ventures, 2011 – 2013
Table 89 Caterpillar: Annual Revenue, By Business Segments, 2011 - 2012 ($Million) 
Table 90 Caterpillar: R&D Expenditure ($Million)
Table 91 Caterpillar: Products & Its Description
Table 92 CNH Global: Annual Revenue, Construction Equipment, By Geography, 2011 - 2012 ($Million) 
Table 93 CNH Global: Product Portfolio, By Segments
Table 94 Doosan Infracore: Products, Segments, & Its Description
Table 95 HCM: Annual Revenue, By Segments,2012 - 2013 ($Million)
Table 96 HCM: R&D Expenditure, By Years, 2011 - 2012 ($Million)
Table 97 HCM: Products, Segments, & Its Description
Table 98 Construction Equipment Segment: Annual Revenue, 2012 - 2013 ($Million) 
Table 99 Hyundai Heavy Construction: Products, Segments & Its Description
Table 100 Jcb: Products, Segments, & Its Description
Table 101 John Deere: Annual Revenue, By Segments, 2011 - 2012 ($Million) 
Table 102 John Deere: Annual Revenue, By Geography, 2011 - 2012 ($Million) 
Table 103 John Deere: Products, Segments & Its Description
Table 104 Komatsu: Annual Revenue, By Segments, 2011 - 2012 ($Million)
Table 105 Komatsu: Products, Segments & Its Description
Table 106 Liebherr: Annual Revenue, By Segments, 2010 - 2011 ($Million)
Table 107 Liebherr: Products & Its Description
Table 108 Manitou: Annual Revenue, By Segments, 2011 - 2012 ($Million)
Table 109 Manitou: R&D Expenditure, By Segments, 2011 - 2012 ($Million)
Table 110 Manitou Group: Products, Segments, & Its Brand
Table 111 Manitowoc: Annual Revenue, By Segments, 2011 - 2012 ($Million) 
Table 112 Manitowoc: Annual Revenue, By Geography, 2011 - 2012 ($Million) 
Table 113 Manitowoc: Products, Segments, & Brands
Table 114 Oshkosh: Annual Revenue, By Segments, 2011-2012 ($Million)
Table 115 Oshkosh: Annual Revenue, By Geography, 2011 - 2012 ($Million) 
Table 116 Oshkosh: Products, Segments & Brands
Table 117 Sany: Products, Segments, & Its Description
Table 118 Sumitomo: Products & Segments
Table 119 Terex: Annual Revenue, By Segments, 2011 - 2012 ($Million)
Table 120 Ts, Segments, & Its Description
Table 121 Volvo: Annual Revenue, By Geography,
Table 122 2011 - 2012 ($Million)
Table 123 Volvo: Products, Segments, & Its Description
Table 124 Wirtgen: Products, Segments, & Brands
Table 125 Xcmg: Products, Segments, & Its Description
Table 126 Zoomlion: Annual Revenue, By Segments, 2011 – 2012 ($Million)
Table 127 Zoomlion: Products, Segments, & Its Description
 
 
List Of Figures (25 Figures)
 
Figure 1 Market Scenario, 2013 – 2018
Figure 2 Regional Market Scenario, 2011 – 2018
Figure 3 Market Dynamics
Figure 4 Regional Market
Figure 5 Application Areas, By Regional Split 
Figure 6 Product Portfolio Benchmarking Of Chief Players
Figure 7 Market Segmentation
Figure 8 Value Chain
Figure 9 Porter’s Five Force Analysis
Figure 10 Market Share Analysis, 2012
Figure 11 Market Share, By Types, 2012
Figure 12 Market Share, By Application Areas, 2012
Figure 13 Market Share, By Geography, 2012 
Figure 14 Caterpillar: Swot Analysis
Figure 15 Komatsu: Swot Analysis
Figure 16 Volvo Construction Equipment: Swot Analysis
Figure 17 Sany Heavy Industries: Swot Analysis
Figure 18 Zoomlion: Swot Analysis
Figure 19 Growth Strategies, 2011 - 2013
Figure 20 Companies, By Major Developments, 2011 – 2013
Figure 21 New Products Launch, 2011 – 2013
Figure 22 Investments & Expansions, 2011 - 2013
Figure 23 Agreements & Collaborations, 2011 – 2013
Figure 24 Mergers & Acquisitions, 2011 - 2013
Figure 25 Joint Ventures, 2011 - 2013

Heavy construction equipment is the critical tool for any construction project. These are used extensively at the construction site to reduce labor cost and time. The high construction and infrastructural growth, technological developments and their adaptations, and growing population have fueled the growth for the heavy construction equipment market. Infrastructure is the largest application area for this market especially in developing markets such as China, Brazil and India.

The global market is witnessing decent growth based on heavy investments done in the infrastructure recreation to accommodate smart residential and commercial buildings. The emerging markets in South America and Asia-Pacific are witnessing strong demand for heavy construction equipment and large investments are made in these regions.

Heavy Construction Equipment Revenue Market Share,
By Geography, 2012

 Heavy Construction Equipment Market

Source: MarketsandMarkets Analysis

Growing infrastructure investments drive 8.5% CAGR for heavy construction equipment in infrastructure application area

Global infrastructure development scenario drives the growth of heavy construction machinery in infrastructure application area. Heavy construction equipment market is estimated to witness 8.5% CAGR within the forecast period for infrastructure development purposes. The BRIC countries and emerging economies of Asia-Pacific including South Korea, and Australia are leading the growth for this market.

Caterpillar (U.S.), Komatsu (Japan), JCB (U.K.), Hitachi Construction Machinery Co. Ltd (Japan), Volvo Construction Equipment (Sweden) and John Deere & Co. (U.S.) are the major players that constitute a major share of the global market.

Most of these companies mainly rely on growth strategies such as new product launch, agreements & collaborations, joint ventures, mergers & acquisitions, investments & expansions in diversified geographic areas. The growing demand in the Asia-Pacific and South & Central American market prompted most of the companies to invest in these markets and launch new products.

New product launches and investments & expansion are the key strategies that help the companies penetrate the existing market, and expand into new and emerging markets.

Major heavy construction equipment types include Earth moving equipment, Material handling equipment, Construction vehicles, and other. Earth moving equipment is the largest segment in the global market in terms of revenue, generating more than half of the revenue.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports