Construction Equipment Market by Type (Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump Truck), Electric Equipment, Propulsion, Power Output, Application, Rental, Aftertreatment Device, and Region - Global Forecast to 2026
[417 Pages Report] The construction equipment market is projected to reach USD 250.4 Billion by 2026 from USD 208.3 billion in 2021, at a CAGR of 3.8% during the forecast period. This growth is triggered by various factors which cover various aspects, like increase in infrastructure investments post-COVID-19 pandemic is likely to fuel the demand for construction equipment and increasing investments in urban infrastructure are expected to drive the construction sector, and thereby is expected to boost the construction equipment market during the forecast period.
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Market Dynamics:
Driver: Increase in infrastructure investments post the COVID-19 pandemic
Construction is among the significantly impacted industries due to the COVID-19 pandemic. Sales of construction equipment have fallen globally. Factors impacting construction equipment manufacturers include investments in infrastructure, residential, commercial, and industrial construction, mine and well construction, and institutional spending. Countries such as the US, UK, China, and India are among the significantly affected countries. However, there is significant demand for projects such as hospitals and other medical facilities, laboratories, and shipping and logistics infrastructure. In addition, some countries have begun moderately reopening activities across sectors, including the construction industry. For instance, China has begun industrial and commercial construction projects. Industrial output increased in April since January as the country began introducing new projects, and demand for construction equipment such as excavators increased significantly.
Restraint: Decreased deal value of construction equipment projects
The COVID-19 pandemic has significantly impacted the construction and infrastructure sectors and offers a wide range of challenges to the construction industry, which are expected to hinder ongoing projects and decrease new infrastructure investments globally. Uncertainty of recovery from the pandemic has hampered the confidence of investors, thereby affecting the sales of construction equipment.
Some construction projects have been delayed or canceled as a result of COVID-19. For instance, according to Associated General Contractors of America (ACG), small construction firms are not expected to experience cancellations of upcoming projects, and 56% of firms with revenues of USD 50 million or less reported that their projects had been postponed or canceled, compared with 71% midsized firms
(with revenues between USD 50.1 million and USD 500 million), and 69% large firms (with revenues more than USD 500 million). Furthermore, possible disruptions in the supply chain of construction equipment, including structural materials, are expected to lead to project delays in currently funded projects or reduced spending on future projects. However, governments of various countries are planning to invest significantly in the sector, but this is not expected to lead to market growth in the short term. Thus, the market for construction equipment is expected to witness sluggish growth. Therefore, the demand for construction equipment is expected to be affected owing to the low growth in infrastructure investments.
Opportunity: Electric and autonomous construction equipment
Electrification is shaping the construction equipment market and offering significant opportunities and design possibilities. Electrification has been increasing in most market segments such as cars, buses, etc., including construction equipment. This has been made possible as advanced technologies are increasingly mature and affordable as they are also increasing regulations on emissions that have changed the future of the construction equipment industry. Several cities around the world have announced bans on the use of diesel within city limits, impacting the operation of construction equipment in these cities. Also, stricter emission regulations are being implemented for heavy machinery and equipment on the global, regional, and local levels in China and European countries. The emission and noise-pollution standards implemented by these regulations can be easily overcome with the use of electric construction equipment. This offers opportunities for construction manufacturers for the introduction of electric variants of existing/new products in the market.
Challenge: Lack of harmonized emission regulations globally
This Global Technical Regulation (GTR) aims at providing a worldwide harmonized method to determine the levels of emissions of gaseous compounds, particulate matter, particle number, CO2 emissions, fuel consumption, electric energy consumption, and electric range from light-duty vehicles. Regulatory authorities in Europe, the US, and Japan have been under pressure from engine and equipment manufacturers to harmonize worldwide emission standards in order to streamline engine development and emission type approval/certification for different markets.
The California Air Resources Board (CARB) has harmonized the California GHG standards with the EPA Federal standards so that a manufacturer may elect to demonstrate compliance with the requirements in California by demonstrating compliance with the 2017 through 2025 My National greenhouse gas program, i.e., complying with the federal regulations will be deemed to be in compliance with the California regulations.
The European Commission has proposed the worlds toughest emission standards for non-road mobile machinery (NRMM), such as construction equipment, railroad engines, inland waterway vessels, and off-road recreational vehicles. The Stage V standards adopted by the EU Parliament in July 2016 and published in the Official Journal of the EU as Regulation (EU) 2016/1628 in September 2016 have increased restrictions on non-road engines and equipment and implemented stricter limits on emissions of particulate matter (PM). These changes, along with the newly proposed particle number (PN) limits, are expected to lead manufacturers to equip non-road engines of between 19 kW and 560 kW with diesel particulate filters. The Stage V emission standards were phased in as early as 2018 for the approval of new engine types and in 2019 for all sales. The rules are expected to replace an existing, multilayered legal framework in Europe with one overarching regulation. Therefore, it is difficult for construction equipment manufacturers to entirely meet the latest emission regulations for different countries around the world. It becomes a challenge for them in terms of engine technologies, design, and associated costs.
Wheeled Loader> 80HP segment is estimated to be the largest market during the forecast period
By equipment type, the wheeled loader >80 HP segment is estimated to dominate the construction equipment market in 2021. These equipment are used primarily to load/unload and bulk material movement in construction, quarry, and crushers. They are widely used in large scales infrastructure projects such as roads and highways, railways, dams, ports, and airports. An increase in roadways and residential buildings in China and India is driving the demand for these equipment. Government initiatives in infrastructure development have further anticipated the demand for wheeled loaders.
The 100-200HP segment is projected to be the largest market during the forecast period
Construction equipment with this power output allows manufacturers to improve machine capability and downsize the engine to one of lower displacement. This reduces maintenance costs and improves fuel economy and better component layout. Construction equipment with a power output range between 100-200 HP is primarily suitable for road, airport construction projects, and commercial projects.
Earthmoving Equipment segment to hold the largest market share during the forecast period
Most earthmoving equipment uses hydraulic drives as the primary source of motion. Excavators (crawler and wheeled), loaders (backhoe, skid-steer), and motor grader are considered under earthmoving equipment. These equipment are designed for construction activities. Asia is projected to account for the largest share of the earthmoving equipment market in terms of value by 2026. The increasing urban population and the demand for better infrastructure facilities are creating significant growth opportunities for the earthmoving construction equipment.
North America is expected to witness significant growth during the forecast period.
The construction industry in the US is expected to grow at a decent rate against federal spending cutbacks. However, low-interest rate loans to procure construction equipment will encourage investments by the construction companies.
According to the Associated General Contractors of America (AGC), the construction market is estimated to grow at a rate of 3.7% in August 2020, largely attributed to an increase in residential construction and construction spending. The outbreak of COVID-19 has impacted non-residential construction, and this could impact the demand for construction equipment in the region in the near future.
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Key Market Players
The global construction equipment market is dominated by global players such as Caterpillar Inc. (US), Komatsu Ltd. (Japan), Xuzhou Construction Machinery Group (XCMG) (China), Sany Heavy Industries (China), and Zoomlion (China). These companies develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction in the market.
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Report Metric |
Details |
|
Market size available for years |
20152026 |
|
Base year considered |
2021 |
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Forecast period |
2021-2026 |
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Forecast units |
Volume (Thousand Units), Value (USD Million) |
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Segments covered |
equipment type, electric construction equipment by equipment type, equipment category, application, construction equipment rental market by application, emission regulation stage by after treatment device, propulsion type, power output, engine capacity, and region |
|
Geographies covered |
North America, Asia, Europe, Middle East, and Rest of the World. |
|
Companies Covered |
Caterpillar Inc. (US), Komatsu Ltd. (Japan), Xuzhou Construction Machinery Group (XCMG) (China), Sany Heavy Industries (China), and Zoomlion (China) |
This research report categorizes the construction equipment market based on equipment type, electric construction equipment by equipment type, equipment category, application, construction equipment rental market by application, emission regulation stage by aftertreatment device, propulsion type, power output, engine capacity, and region.
Equipment Type
- Articulated Dump Truck
- Asphalt Finisher
- Backhoe Loader
- Crawler Dozer
- Crawler Excavator
- Crawler Loader
- Mini Excavator
- Motor Grader
- Motor Scraper
- Rigid Dump Truck
- Road Roller
- Rough Terrain Lift Truck (RTLT) Masted
- Rough Terrain Lift Truck (RTLT) Telescopic
- Skid-Steer Loader
- Wheeled Excavator
- Wheeled Loader <80 HP
- Wheeled Loader >80 HP
- Compactor
- Pick and Carry Crane.
Electric Construction Equipment by Type
- Dump Truck
- Loader
- Dozer
- Excavator
- Motor Grader
Equipment Category
- Earthmoving Equipment
- Material Handling Equipment
- Heavy Construction Vehicle
- Other Equipment
Application
- Commercial
- Residential
- Infrastructure
Power Output
- <100 HP
- 101200 HP
- 201400 HP
- >400 HP
Engine Capacity
- <5L
- 5L-10L
- >10L
Emission Regulation
- Stage II
- Stage III
- Stage IIIA
- Stage IV
- Stage V
- Stage VI
- Tier 4
- Tier 5
Aftertreatment Device
- Diesel Oxidation Catalyst (DOC)
- Diesel Particulate Filter (DPF)
- Exhaust Gas Recirculation (EGR)
- Selective Catalytic Reduction (SCR)
Propulsion Type
- Diesel
- CNG/LNG/RNG
Construction Equipment Rental Market by Application Type
- Commercial
- Residential
- Infrastructure
Region
- Asia
- China
- India
- Japan
- Thailand
- Indonesia
- Rest of Asia
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- North America
- US
- Canada
- Mexico
- The Middle East
- Qatar
- Saudi Arabia
- UAE
- Rest of Middle East
- The Rest of the World
- Brazil
- Russia
- South Africa
- Other RoW
Recent Developments
- In August 2019, Caterpillar announced the release of nine new Cat D3 Series Skid Steer Loader (SSL) and Compact Track Loader (CTL) models. These new machines offer quality, comfort, performance, improved operator experience, and track loader stability. An industry first, the D3 Series models also support a line of new Smart Attachments. This advanced machine technology recognizes certain attachments and tailors the controls and operator information to match the tool and the task.
- In April 2019, Volvo Construction Equipment (Volvo CE) unveiled its first commercial zero-emission electric compact excavator and wheel loader at Bauma, Munich. The machines, which were the first to be displayed from a new electric range of Volvo branded compact excavators and compact wheel loaders, deliver zero exhaust emissions, significantly lower noise levels, reduced energy costs, improved efficiency, and lower maintenance requirements, compared to their conventional counterparts.
- Another major strategy adopted by industry players was agreements. Agreements enable companies to collaborate and expand businesses in terms of technology and revenue generation from targeted regions to provide a competitive edge. For instance, in October 2018, Hitachi Construction Machinery Co., Ltd. entered into an agreement with KTEG Kiesel Technologie Entwicklung GmbH to establish a new company for the development of electric construction machinery and special application products for the further expansion of the European market.
- In September 2018, Deere & Company entered into a strategic supplier agreement with Wacker Neuson to initially provide compact excavators in China, Southeast Asia, and Oceania. The models were expected to range from 1.7-7.5 tons (1,700-7,500 kg) and are specifically designed and manufactured for customers in the growing Asia marketplace. The objective of the partnership is a long-term collaboration in key growth markets and also manufacture innovative and customer-focused products to further strengthen the companys position in the Asia region. These excavators are purpose-built to meet the demands of customers.
Frequently Asked Questions (FAQ):
What is the current size of the global construction equipment market?
The construction equipment market would grow from USD 208.3 billion in 2021 to USD 250.4 billion by 2026 at a growth rate of 3.8% under the review period. The demand is mainly attributed to factors such as rapid urbanization, growing number of infrastructure projects, government investment in construction activities and technological advancements in electric & autonomous equipment to curb emission levels.
Who are the winners in the global construction equipment market?
The construction equipment market is dominated by global players such as Caterpillar Inc. (US), Komatsu Ltd. (Japan), Xuzhou Construction Machinery Group (XCMG) (China), Sany Heavy Industries (China), and Zoomlion (China). These companies develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction in the high-growth construction equipment market.
Which region is expected to dominate the construction equipment market?
Asia is estimated to dominate the construction equipment market with a share of 59.0% in 2021.
What are the new market trends impacting the growth of the construction equipment market?
The demand for rental construction equipment is expected to increase due to uncertain duration of the projects, increasing technological advancements, and the lack of initial capital investment. The increasing demand for low-noise and low-emission urban construction is expected to drive the market for compact electric construction equipment in emerging economies.
What are the new market opportunities in the construction equipment market?
- Covid-19 pandemic to provide opportunities for companies offering construction equipment on rent
- Electric and autonomous construction equipment
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 50)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 CONSTRUCTION EQUIPMENT MARKET SEGMENTATION
1.4 STAKEHOLDERS
1.5 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 54)
2.1 RESEARCH DATA
FIGURE 2 CONSTRUCTION EQUIPMENT MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources for equipment sales
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.1.2.1 Sampling techniques & data collection methods
2.1.2.2 Primary participants
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 BOTTOM-UP APPROACH: EQUIPMENT TYPE, CATEGORY, REGIONAL & COUNTRY-LEVEL
FIGURE 6 BOTTOM-UP APPROACH: RENTAL CONSTRUCTION EQUIPMENT MARKET (APPLICATION AND REGION)
2.2.2 TOP-DOWN APPROACH
FIGURE 7 TOP-DOWN APPROACH: APPLICATION/PROPULSION/POWER OUTPUT/ ENGINE CAPACITY
FIGURE 8 TOP-DOWN APPROACH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET (EQUIPMENT AND REGION)
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION
2.4 ASSUMPTIONS
2.5 OTHER ASSUMPTIONS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 64)
3.1 PRE- VS. POST-COVID-19 SCENARIO
FIGURE 10 PRE- VS. POST-COVID-19 SCENARIO: CONSTRUCTION EQUIPMENT MARKET, 20182026 (USD MILLION)
TABLE 1 MARKET: PRE- VS. POST-COVID-19 SCENARIO, 20202026 (USD MILLION)
3.2 REPORT SUMMARY
FIGURE 11 MARKET OUTLOOK
FIGURE 12 MARKET, BY EQUIPMENT TYPE, 2021 & 2026 (USD MILLION)
4 PREMIUM INSIGHTS (Page No. - 68)
4.1 ATTRACTIVE OPPORTUNITIES IN THE CONSTRUCTION EQUIPMENT MARKET
FIGURE 13 RISING DEMAND FOR URBAN INFRASTRUCTURE PROJECTS TO DRIVE THE MARKET GROWTH
4.2 MARKET, BY REGION
FIGURE 14 ASIAN REGION PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
4.3 MARKET, BY EQUIPMENT CATEGORY
FIGURE 15 EARTHMOVING EQUIPMENT SEGMENT EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
4.4 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE
FIGURE 16 WHEEL LOADER >80 HP SEGMENT PROJECTED TO LEAD THE MARKET DURING FORECAST PERIOD
4.5 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE
FIGURE 17 DUMP TRUCK SEGMENT PROJECTED TO BE THE LARGEST ELECTRIC EQUIPMENT OVER THE FORECAST PERIOD
4.6 CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
FIGURE 18 CONSTRUCTION EQUIPMENT FOR COMMERCIAL USE ARE PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
4.7 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION
FIGURE 19 CONSTRUCTION EQUIPMENT RENTAL MARKET IS EXPECTED TO SHOWCASE HIGHEST DEMAND FOR COMMERCIAL SEGMENT IN 2021
4.8 MARKET, BY AFTERTREATMENT DEVICE
FIGURE 20 SCR SYSTEMS PROJECTED TO LEAD THE MARKET DURING FORECAST PERIOD
4.9 MARKET, BY POWER OUTPUT
FIGURE 21 CONSTRUCTION EQUIPMENT WITH 100-200 HP POWER OUTPUT PROJECTED TO LEAD THE MARKET OVER THE FORECAST PERIOD
4.10 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY
FIGURE 22 CONSTRUCTION EQUIPMENT WITH <5L ENGINES ARE PROJECTED TO HOLD LARGEST MARKET SHARE IN 2026
4.11 MARKET, BY PROPULSION TYPE
FIGURE 23 CNG/LNG/RNG SEGMENT PROJECTED TO GROW AT A HIGHER RATE DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 75)
5.1 INTRODUCTION
5.2 YEARS CONSIDERED FOR THE STUDY
5.3 MARKET DYNAMICS
FIGURE 24 MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE CONSTRUCTION EQUIPMENT MARKET
5.3.1 DRIVERS
5.3.1.1 Increase in infrastructure investments post the COVID-19 pandemic
5.3.1.2 OEM-centric connected features
5.3.2 RESTRAINTS
5.3.2.1 Decreased deal value of construction equipment projects
5.3.3 OPPORTUNITIES
5.3.3.1 COVID-19 pandemic to provide opportunities for companies offering construction equipment on rent
5.3.3.2 Electric and autonomous construction equipment
5.3.4 CHALLENGES
5.3.4.1 Lack of harmonized emission regulations globally
5.4 IMPACT OF COVID-19 ON THE CONSTRUCTION SECTOR
5.5 COVID-19 IMPACT SCENARIOS - MARKET
FIGURE 25 MARKET SCENARIO, 20182026 (USD MILLION)
5.5.1 MOST LIKELY/REALISTIC SCENARIO
TABLE 2 MARKET (REALISTIC SCENARIO), BY REGION, 20202026 (USD MILLION)
5.5.2 HIGH COVID-19 IMPACT SCENARIO
TABLE 3 MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 20202026 (USD MILLION)
5.5.3 LOW COVID-19 IMPACT SCENARIO
TABLE 4 MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 20202026 (USD MILLION)
5.6 TRENDS/DISRUPTION IMPACTING CONSTRUCTION EQUIPMENT MANUFACTURERS
FIGURE 26 TRENDS IMPACTING CONSTRUCTION EQUIPMENT MANUFACTURERS
5.7 PRICING ANALYSIS
TABLE 5 AVERAGE PRICES OF CONSTRUCTION EQUIPMENT TYPES, 2018-2020
5.8 TECHNOLOGY ANALYSIS
5.8.1 OVERVIEW
5.8.1.1 Autonomous Construction Equipment
5.8.1.2 Connected Technologies
5.8.1.3 Grade Control System
5.8.1.4 Payload Weighing System
5.9 CASE STUDY
5.9.1 OVERVIEW
5.9.1.1 RFP, standardized fleet improve fleet management efficiency
5.9.1.2 JCB robust B2B sales platform
5.9.1.3 Telenor Connexion has brought new efficiencies to the global remote fleet management of Hitachi Construction Machinery
5.10 ECOSYSTEM
FIGURE 27 ECOSYSTEM: CONSTRUCTION EQUIPMENT MARKET
5.11 SUPPLY CHAIN
FIGURE 28 SUPPLY CHAIN ANALYSIS: MARKET
5.12 VALUE CHAIN ANALYSIS
FIGURE 29 VALUE CHAIN (2020): MAJOR VALUE IS ADDED BY OEMS DURING MANUFACTURING & ASSEMBLY PHASE
5.13 PATENT ANALYSIS
TABLE 6 CONSTRUCTION EQUIPMENT PATENTS, 2020
5.14 TRADE STATISTICS
TABLE 7 IMPORT-EXPORT STATISTICS FOR SELECT COUNTRIES & EQUIPMENT, 2019
5.15 NON-ROAD MOBILE MACHINERY (NRMM) EMISSION REGULATION OUTLOOK, FOR KEY COUNTRIES
FIGURE 30 NRMM EMISSION REGULATION OUTLOOK, BY COUNTRY, 20192025
6 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE (Page No. - 97)
6.1 INTRODUCTION
6.1.1 RESEARCH METHODOLOGY
6.1.2 ASSUMPTIONS/LIMITATIONS
6.1.3 INDUSTRY INSIGHTS
FIGURE 31 MARKET, BY EQUIPMENT TYPE, 2021 VS. 2026 (USD MILLION)
TABLE 8 MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 9 MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 10 MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 11 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
6.2 ARTICULATED DUMP TRUCK
6.2.1 MANEUVERABILITY OVER ROUGH TERRAIN DRIVE DEMAND OF THESE TRUCKS
TABLE 12 ARTICULATED DUMP TRUCK MARKET, BY REGION, 20152020 (UNITS)
TABLE 13 ARTICULATED DUMP TRUCK MARKET, BY REGION, 20212026 (UNITS)
TABLE 14 ARTICULATED DUMP TRUCK MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 15 ARTICULATED DUMP TRUCK MARKET, BY REGION, 20212026 (USD MILLION)
6.3 ASPHALT FINISHER
6.3.1 INVESTMENT IN ROAD CONSTRUCTION PROJECTS TO DRIVE THE DEMAND
TABLE 16 ASPHALT FINISHER MARKET, BY REGION, 20152020 (UNITS)
TABLE 17 ASPHALT FINISHER MARKET, BY REGION, 20212026 (UNITS)
TABLE 18 ASPHALT FINISHER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 19 ASPHALT FINISHER MARKET, BY REGION, 20212026 (USD MILLION)
6.4 BACKHOE LOADER
6.4.1 ABILITY TO PERFORM HEAVY TASKS DRIVE THE DEMAND FOR THIS EQUIPMENT
TABLE 20 BACKHOE LOADER MARKET, BY REGION, 20152020 (UNITS)
TABLE 21 BACKHOE LOADER MARKET, BY REGION, 20212026 (UNITS)
TABLE 22 BACKHOE LOADER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 23 BACKHOE LOADER MARKET, BY REGION, 20212026 (USD MILLION)
6.5 CRAWLER DOZER
6.5.1 GROWING INFRASTRUCTURE ACTIVITIES TO DRIVE THE DEMAND
TABLE 24 CRAWLER DOZER MARKET, BY REGION, 20152020 (UNITS)
TABLE 25 CRAWLER DOZER MARKET, BY REGION, 20212026 (UNITS)
TABLE 26 CRAWLER DOZER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 27 CRAWLER DOZER MARKET, BY REGION, 20212026 (USD MILLION)
6.6 CRAWLER EXCAVATOR
6.6.1 HEAVY INVESTMENTS IN INFRASTRUCTURE BY GOVERNMENT FUEL THIS SEGMENT
TABLE 28 CRAWLER EXCAVATOR MARKET, BY REGION, 20152020 (UNITS)
TABLE 29 CRAWLER EXCAVATOR MARKET, BY REGION, 20212026 (UNITS)
TABLE 30 CRAWLER EXCAVATOR MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 31 CRAWLER EXCAVATOR MARKET, BY REGION, 20212026 (USD MILLION)
6.7 CRAWLER LOADER
6.7.1 DEMAND FOR CRAWLER LOADERS IS INCREASING OWING TO THEIR HIGH LIFTING CAPACITY, POWER & FLEXIBILITY
TABLE 32 CRAWLER LOADER MARKET, BY REGION, 20152020 (UNITS)
TABLE 33 CRAWLER LOADER MARKET, BY REGION, 20212026 (UNITS)
TABLE 34 CRAWLER LOADER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 35 CRAWLER LOADER MARKET, BY REGION, 20212026 (USD MILLION)
6.8 MINI EXCAVATOR
6.8.1 LOW-FUEL CONSUMPTION AND REDUCED NOISE MAKE MINI EXCAVATORS MORE RELIABLE FOR USE
TABLE 36 MINI EXCAVATOR MARKET, BY REGION, 20152020 (UNITS)
TABLE 37 MINI EXCAVATOR MARKET, BY REGION, 20212026 (UNITS)
TABLE 38 MINI EXCAVATOR MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 39 MINI EXCAVATOR MARKET, BY REGION, 20212026 (USD MILLION)
6.9 MOTOR GRADER
6.9.1 LOW-COST AND EFFICIENCY DRIVE THE DEMAND OF THIS EQUIPMENT
TABLE 40 MOTOR GRADER MARKET, BY REGION, 20152020 (UNITS)
TABLE 41 MOTOR GRADER MARKET, BY REGION, 20212026 (UNITS)
TABLE 42 MOTOR GRADER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 43 MOTOR GRADER MARKET, BY REGION, 20212026 (USD MILLION)
6.10 MOTOR SCRAPER
6.10.1 WIDE APPLICATION IN CONSTRUCTION SITE DRIVE THE DEMAND OF THIS EQUIPMENT
TABLE 44 MOTOR SCRAPER MARKET, BY REGION, 20152020 (UNITS)
TABLE 45 MOTOR SCRAPER MARKET, BY REGION, 20212026 (UNITS)
TABLE 46 MOTOR SCRAPER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 47 MOTOR SCRAPER MARKET, BY REGION, 20212026 (USD MILLION)
6.11 ROAD ROLLER
6.11.1 ROAD DEVELOPMENT PROJECTS FUEL THE DEMAND FOR ROAD ROLLERS
TABLE 48 ROAD ROLLER MARKET, BY REGION, 20152020 (UNITS)
TABLE 49 ROAD ROLLER MARKET, BY REGION, 20212026 (UNITS)
TABLE 50 ROAD ROLLER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 51 ROAD ROLLER MARKET, BY REGION, 20212026 (USD MILLION)
6.12 RIGID DUMP TRUCK
6.12.1 MANEUVERABILITY DRIVE THE DEMAND FOR THIS EQUIPMENT
TABLE 52 RIGID DUMP TRUCK MARKET, BY REGION, 20152020 (UNITS)
TABLE 53 RIGID DUMP TRUCK MARKET, BY REGION, 20212026 (UNITS)
TABLE 54 RIGID DUMP TRUCK MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 55 RIGID DUMP TRUCK MARKET, BY REGION, 20212026 (USD MILLION)
6.13 RTLT MASTED
6.13.1 RTLT MASTED IS USED TO OFFLOAD BRICKS ACROSS ROUGH TERRAIN
TABLE 56 RTLT MASTED MARKET, BY REGION, 20152020 (UNITS)
TABLE 57 RTLT MASTED MARKET, BY REGION, 20212026 (UNITS)
TABLE 58 RTLT MASTED MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 59 RTLT MASTED MARKET, BY REGION, 20212026 (USD MILLION)
6.14 RTLT TELESCOPIC
6.14.1 MORE VERSATILITY COMPARED TO RTLT MASTED TO DRIVE THE DEMAND
TABLE 60 RTLT TELESCOPIC MARKET, BY REGION, 20152020 (UNITS)
TABLE 61 RTLT TELESCOPIC MARKET, BY REGION, 20212026 (UNITS)
TABLE 62 RTLT TELESCOPIC MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 63 RTLT TELESCOPIC MARKET, BY REGION, 20212026 (USD MILLION)
6.15 SKID-STEER LOADER
6.15.1 DEMAND FOR ENERGY EFFICIENT EQUIPMENT FUEL THIS SEGMENT
TABLE 64 SKID-STEER LOADER MARKET, BY REGION, 20152020 (UNITS)
TABLE 65 SKID-STEER LOADER MARKET, BY REGION, 20212026 (UNITS)
TABLE 66 SKID-STEER LOADER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 67 SKID-STEER LOADER MARKET, BY REGION, 20212026 (USD MILLION)
6.16 WHEELED EXCAVATOR
6.16.1 EASE OF OPERATION DRIVE THE DEMAND FOR WHEELED EXCAVATORS
TABLE 68 WHEELED EXCAVATOR MARKET, BY REGION, 20152020 (UNITS)
TABLE 69 WHEELED EXCAVATOR MARKET, BY REGION, 20212026 (UNITS)
TABLE 70 WHEELED EXCAVATOR MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 71 WHEELED EXCAVATOR MARKET, BY REGION, 20212026 (USD MILLION)
6.17 WHEELED LOADER (<80 HP)
6.17.1 SMALL-SCALE CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THIS EQUIPMENT
TABLE 72 WHEELED LOADER (<80 HP) MARKET, BY REGION, 20152020 (UNITS)
TABLE 73 WHEELED LOADER (<80 HP) MARKET, BY REGION, 20212026 (UNITS)
TABLE 74 WHEELED LOADER (<80 HP) MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 75 WHEELED LOADER (<80 HP) MARKET, BY REGION, 20212026 (USD MILLION)
6.18 WHEELED LOADER (>80 HP)
6.18.1 LARGE SCALE CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THESE LOADERS
TABLE 76 WHEELED LOADER (>80 HP) MARKET, BY REGION, 20152020 (UNITS)
TABLE 77 WHEELED LOADER (>80 HP) MARKET, BY REGION, 20212026 (UNITS)
TABLE 78 WHEELED LOADER (>80 HP) MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 79 WHEELED LOADER (>80 HP) MARKET, BY REGION, 20212026 (USD MILLION)
6.19 COMPACTORS
6.19.1 ROAD CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THESE COMPACTORS
TABLE 80 COMPACTORS MARKET, BY REGION, 20152020 (UNITS)
TABLE 81 COMPACTORS MARKET, BY REGION, 20212026 (UNITS)
TABLE 82 COMPACTORS, BY REGION, 20152020 (USD MILLION)
TABLE 83 COMPACTORS MARKET, BY REGION, 20212026 (USD MILLION)
6.20 PICK AND CARRY CRANES
6.20.1 ASIA IS EXPECTED TO DOMINATE THE DEMAND
TABLE 84 PICK AND CARRY CRANES MARKET, BY REGION, 20152020 (UNITS)
TABLE 85 PICK AND CARRY CRANES MARKET, BY REGION, 20212026 (UNITS)
TABLE 86 PICK AND CARRY CRANES MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 87 PICK AND CARRY CRANES MARKET, BY REGION, 20212026 (USD MILLION)
7 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY (Page No. - 137)
7.1 INTRODUCTION
7.1.1 RESEARCH METHODOLOGY
7.1.2 ASSUMPTIONS/LIMITATIONS
7.1.3 INDUSTRY INSIGHTS
FIGURE 32 MARKET, BY EQUIPMENT CATEGORY, 2021 VS. 2026 (USD MILLION)
TABLE 88 MARKET, BY EQUIPMENT CATEGORY, 20152020 (UNITS)
TABLE 89 MARKET, BY EQUIPMENT CATEGORY, 20212026 (UNITS)
TABLE 90 MARKET, BY EQUIPMENT CATEGORY, 20152020 (USD MILLION)
TABLE 91 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY, 20212026 (USD MILLION)
7.2 EARTHMOVING EQUIPMENT
7.2.1 INCREASED CONSTRUCTION ACTIVITIES DRIVE THE DEMAND OF THIS EQUIPMENT
TABLE 92 EARTHMOVING EQUIPMENT MARKET, BY REGION, 20152020 (UNITS)
TABLE 93 EARTHMOVING EQUIPMENT MARKET, BY REGION, 20212026 (UNITS)
TABLE 94 EARTHMOVING EQUIPMENT MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 95 EARTHMOVING EQUIPMENT MARKET, BY REGION, 20212026 (USD MILLION)
7.3 MATERIAL HANDLING EQUIPMENT
7.3.1 INDUSTRIAL DEVELOPMENT PROJECTS TO DRIVE THIS SEGMENT
TABLE 96 MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 20152020 (UNITS)
TABLE 97 MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 20212026 (UNITS)
TABLE 98 MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 99 MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 20212026 (USD MILLION)
7.4 HEAVY CONSTRUCTION VEHICLES
7.4.1 ROAD AND TUNNEL CONSTRUCTION PROJECTS TO DRIVE THE DEMAND
TABLE 100 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 20152020 (UNITS)
TABLE 101 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 20212026 (UNITS)
TABLE 102 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 103 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 20212026 (USD MILLION)
7.5 OTHER CATEGORIES
7.5.1 RISING URBAN INFRASTRUCTURE ACTIVITIES TO DRIVE THIS SEGMENT
TABLE 104 OTHER CONSTRUCTION EQUIPMENT MARKET, BY REGION, 20152020 (UNITS)
TABLE 105 OTHER MARKET, BY REGION, 2021-2026 (UNITS)
TABLE 106 OTHER MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 107 OTHER MARKET, BY REGION, 20212026 (USD MILLION)
8 CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE (Page No. - 147)
8.1 INTRODUCTION
8.1.1 RESEARCH METHODOLOGY
8.1.2 ASSUMPTIONS/LIMITATIONS
8.1.3 INDUSTRY INSIGHTS
FIGURE 33 MARKET, BY PROPULSION TYPE, 2021 VS. 2026 (USD MILLION)
TABLE 108 MARKET, BY PROPULSION TYPE, 20152020 (UNITS)
TABLE 109 MARKET, BY PROPULSION TYPE, 20212026 (UNITS)
TABLE 110 MARKET, BY PROPULSION TYPE, 20152020 (USD MILLION)
TABLE 111 MARKET, BY PROPULSION TYPE, 20212026 (USD MILLION)
8.2 DIESEL
8.2.1 DEMAND FOR HIGH TORQUE DRIVE DIESEL-POWERED EQUIPMENT
TABLE 112 DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 20152020 (UNITS)
TABLE 113 DIESEL: MARKET, BY REGION, 20212026 (UNITS)
TABLE 114 DIESEL: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 115 DIESEL: MARKET, BY REGION, 20212026 (USD MILLION)
8.3 CNG/LNG/RNG
8.3.1 DEMAND FOR ALTERNATIVE FUELS WILL DRIVE THIS SEGMENT
TABLE 116 CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 20152020 (UNITS)
TABLE 117 CNG/LNG/RNG: MARKET, BY REGION, 20212026 (UNITS)
TABLE 118 CNG/LNG/RNG: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 119 CNG/LNG/RNG: MARKET, BY REGION, 20212026 (USD MILLION)
9 CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT (Page No. - 154)
9.1 INTRODUCTION
9.1.1 RESEARCH METHODOLOGY
9.1.2 ASSUMPTIONS/LIMITATIONS
9.1.3 INDUSTRY INSIGHTS
FIGURE 34 MARKET, BY POWER OUTPUT, 2021 VS. 2026 (USD MILLION)
TABLE 120 MARKET, BY POWER OUTPUT, 20152020 (UNITS)
TABLE 121 MARKET, BY POWER OUTPUT, 20212026 (UNITS)
TABLE 122 MARKET, BY POWER OUTPUT, 20152020 (USD MILLION)
TABLE 123 MARKET, BY POWER OUTPUT, 20212026 (USD MILLION)
9.2 <100 HP
9.2.1 ROAD MAINTENANCE AND REPAIR PROJECTS EXPECTED TO DRIVE THIS SEGMENT
TABLE 124 <100 HP: MARKET, BY REGION, 20152020 (UNITS)
TABLE 125 <100 HP: MARKET, BY REGION, 20212026 (UNITS)
TABLE 126 <100 HP: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 127 <100 HP: MARKET, BY REGION, 20212026 (USD MILLION)
9.3 101200 HP
9.3.1 LOW MAINTENANCE COST OF CONSTRUCTION EQUIPMENT WITH 101-200 HP DRIVE THIS SEGMENT
TABLE 128 101-200 HP: MARKET, BY REGION, 20152020 (UNITS)
TABLE 129 101-200 HP: MARKET, BY REGION, 20212026 (UNITS)
TABLE 130 100-200HP: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 131 100-200HP: MARKET, BY REGION, 20212026 (USD MILLION)
9.4 201400 HP
9.4.1 INCREASING DEMAND FOR HEAVY CONSTRUCTION EQUIPMENT WILL DRIVE THIS SEGMENT
TABLE 132 201-400 HP: MARKET, BY REGION, 20152020 (UNITS)
TABLE 133 201-400 HP: MARKET, BY REGION, 20212026 (UNITS)
TABLE 134 201-400 HP: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 135 201-400 HP: MARKET, BY REGION, 20212026 (USD MILLION)
9.5 >400 HP
9.5.1 COMMERCIAL CONSTRUCTION PROJECTS EXPECTED TO DRIVE THIS SEGMENT
TABLE 136 >400 HP: MARKET, BY REGION, 20152020 (UNITS)
TABLE 137 >400 HP: MARKET, BY REGION, 20212026 (UNITS)
TABLE 138 >400 HP: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 139 >400 HP: MARKET, BY REGION, 20212026 (USD MILLION)
10 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY (Page No. - 165)
10.1 INTRODUCTION
10.1.1 RESEARCH METHODOLOGY
10.1.2 INDUSTRY INSIGHTS
FIGURE 35 MARKET, BY ENGINE CAPACITY, 2021 VS. 2026 (USD MILLION)
TABLE 140 MARKET, BY ENGINE CAPACITY, 20152020 (UNITS)
TABLE 141 MARKET, BY ENGINE CAPACITY, 20212026 (UNITS)
TABLE 142 MARKET, BY ENGINE CAPACITY, 20152020 (USD MILLION)
TABLE 143 MARKET, BY ENGINE CAPACITY, 20212026 (USD MILLION)
10.2 <5L
10.2.1 DEMAND FOR COMPACT CONSTRUCTION EQUIPMENT TO DRIVE THIS SEGMENT
TABLE 144 <5L: MARKET, BY REGION, 20152020 (UNITS)
TABLE 145 <5L: MARKET, BY REGION, 20212026 (UNITS)
TABLE 146 <5L: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 147 <5L: MARKET, BY REGION, 20212026 (USD MILLION)
10.3 5-10L
10.3.1 WIDE APPLICATION OF 5-10L ENGINES TO DRIVE THIS SEGMENT
TABLE 148 5-10L: MARKET, BY REGION, 20152020 (UNITS)
TABLE 149 5-10L: MARKET, BY REGION, 20212026 (UNITS)
TABLE 150 5-10L: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 151 5-10L: MARKET, BY REGION, 20212026 (USD MILLION)
10.4 >10L
10.4.1 DEMAND FOR HEAVY CONSTRUCTION EQUIPMENT WILL DRIVE THIS SEGMENT
TABLE 152 >10L: MARKET, BY REGION, 20152020 (UNITS)
TABLE 153 >10L: MARKET, BY REGION, 20212026 (UNITS)
TABLE 154 >10L: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 155 >10L: MARKET, BY REGION, 20212026 (USD MILLION)
11 CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION (Page No. - 173)
11.1 INTRODUCTION
11.1.1 RESEARCH METHODOLOGY
11.1.2 ASSUMPTIONS/LIMITATIONS
11.1.3 INDUSTRY INSIGHTS
FIGURE 36 MARKET, BY APPLICATION, 2021 VS 2026 (USD MILLION)
TABLE 156 MARKET, BY APPLICATION, 20152020 (USD MILLION)
TABLE 157 MARKET, BY APPLICATION, 20212026 (USD MILLION)
11.2 INFRASTRUCTURE
11.2.1 INVESTMENTS IN INFRASTRUCTURE PROJECTS EXPECTED TO DRIVE THE DEMAND FOR CONSTRUCTION EQUIPMENT
TABLE 158 INFRASTRUCTURE CONSTRUCTION EQUIPMENT MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 159 INFRASTRUCTURE CONSTRUCTION EQUIPMENT MARKET, BY REGION, 20212026 (USD MILLION)
11.3 COMMERCIAL
11.3.1 CONSTRUCTION OF OFFICE SPACES AND MANUFACTURING UNITS TO DRIVE THIS SEGMENT
TABLE 160 COMMERCIAL MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 161 COMMERCIAL MARKET, BY REGION, 20212026 (USD MILLION)
11.4 RESIDENTIAL
11.4.1 GROWING POPULATION AND URBAN CITY DEVELOPMENTS TO PROPEL THE USE CONSTRUCTION EQUIPMENT IN RESIDENTIAL SEGMENT
TABLE 162 RESIDENTIAL MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 163 RESIDENTIAL MARKET, BY REGION, 20212026 (USD MILLION)
12 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION (Page No. - 179)
12.1 INTRODUCTION
12.1.1 RESEARCH METHODOLOGY
12.1.2 ASSUMPTIONS/LIMITATIONS
12.1.3 INDUSTRY INSIGHTS
FIGURE 37 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
TABLE 164 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION, 20152020 (USD MILLION)
TABLE 165 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION, 20212026 (USD MILLION)
12.2 INFRASTRUCTURE
12.2.1 HIGH VALUED INFRASTRUCTURE PROJECTS EXPECTED TO DRIVE THIS SEGMENT
TABLE 166 INFRASTRUCTURE CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 167 INFRASTRUCTURE CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 20212026 (USD MILLION)
12.3 COMMERCIAL
12.3.1 COMMERCIAL DEVELOPMENTS TO DRIVE THE DEMAND FOR CONSTRUCTION EQUIPMENT RENTAL SERVICES
TABLE 168 COMMERCIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 169 COMMERCIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 20212026 (USD MILLION)
12.4 RESIDENTIAL
12.4.1 DEMAND TO REDUCE INITIAL INVESTMENT IN CONSTRUCTION OF RESIDENTIAL BUILDINGS WILL DRIVE RENTAL SERVICES
TABLE 170 RESIDENTIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 171 RESIDENTIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 20212026 (USD MILLION)
13 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE (Page No. - 185)
13.1 INTRODUCTION
13.1.1 RESEARCH METHODOLOGY
13.1.2 ASSUMPTIONS/LIMITATIONS
13.1.3 INDUSTRY INSIGHTS
13.1.4 KEY ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MODELS
TABLE 172 ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MODELS
FIGURE 38 ELECTRIC MARKET, BY EQUIPMENT TYPE, 2021 VS. 2026 (USD MILLION)
TABLE 173 ELECTRIC MARKET, BY EQUIPMENT TYPE, 20182020 (UNITS)
TABLE 174 ELECTRIC MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 175 ELECTRIC MARKET, BY EQUIPMENT TYPE, 20182020 (USD MILLION)
TABLE 176 ELECTRIC MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
13.2 ELECTRIC DUMP TRUCK
13.2.1 DEMAND FOR HYBRID DUMP TRUCKS EXPECTED TO DRIVE THIS SEGMENT
TABLE 177 ELECTRIC DUMP TRUCK MARKET, BY REGION, 20182020 (UNITS)
TABLE 178 ELECTRIC DUMP TRUCK MARKET, BY REGION, 20212026 (UNITS)
TABLE 179 ELECTRIC DUMP TRUCK MARKET, BY REGION, 20182020 (USD MILLION)
TABLE 180 ELECTRIC DUMP TRUCK MARKET, BY REGION, 20212026 (USD MILLION)
13.3 ELECTRIC DOZER
13.3.1 LOWER MAINTENANCE AND IMPROVED PRODUCTIVITY DRIVE THE DEMAND FOR DOZERS
TABLE 181 ELECTRIC DOZER MARKET, BY REGION, 20182020 (UNITS)
TABLE 182 ELECTRIC DOZER MARKET, BY REGION, 20212026 (UNITS)
TABLE 183 ELECTRIC DOZER MARKET, BY REGION, 20182020 (USD MILLION)
TABLE 184 ELECTRIC DOZER MARKET, BY REGION, 20212026 (USD MILLION)
13.4 ELECTRIC EXCAVATOR
13.4.1 DEMAND FOR MINI EXCAVATORS TO DRIVE THIS SEGMENT
TABLE 185 ELECTRIC EXCAVATOR MARKET, BY REGION, 20182020 (UNITS)
TABLE 186 ELECTRIC EXCAVATOR MARKET, BY REGION, 20212026 (UNITS)
TABLE 187 ELECTRIC EXCAVATOR MARKET, BY REGION, 20182020 (USD MILLION)
TABLE 188 ELECTRIC EXCAVATOR MARKET, BY REGION, 20212026 (USD MILLION)
13.5 ELECTRIC MOTOR GRADER
13.5.1 ROAD CONSTRUCTION PROJECTS EXPECTED TO DRIVE DEMAND FOR MOTOR GRADER
TABLE 189 ELECTRIC MOTOR GRADER MARKET, BY REGION, 20182020 (UNITS)
TABLE 190 ELECTRIC MOTOR GRADER MARKET, BY REGION, 20212026 (UNITS)
TABLE 191 ELECTRIC MOTOR GRADER MARKET, BY REGION, 20182020 (USD MILLION)
TABLE 192 ELECTRIC MOTOR GRADER MARKET, BY REGION, 20212026 (USD MILLION)
13.6 ELECTRIC LOADER
13.6.1 DEMAND FOR SKID AND COMPACT LOADERS EXPECTED TO FUEL THIS SEGMENT
TABLE 193 ELECTRIC LOADER MARKET, BY REGION, 20182020 (UNITS)
TABLE 194 ELECTRIC LOADER MARKET, BY REGION, 20212026 (UNITS)
TABLE 195 ELECTRIC LOADER MARKET, BY REGION, 20182020 (USD MILLION)
TABLE 196 ELECTRIC LOADER MARKET, BY REGION, 20212026 (USD MILLION)
14 CONSTRUCTION EQUIPMENT MARKET, BY EMISSION REGULATION STAGE (Page No. - 198)
14.1 INTRODUCTION
14.1.1 RESEARCH METHODOLOGY
TABLE 197 MARKET, BY EMISSION REGULATION STAGE, 20152020 (UNITS)
TABLE 198 MARKET, BY EMISSION REGULATION STAGE, 20212026 (UNITS)
14.2 STAGE II
TABLE 199 STAGE I/II EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES
TABLE 200 STAGE II NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2015-2020
TABLE 201 STAGE II NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2021-2026
14.3 STAGE III
TABLE 202 STAGE III A/B EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES
TABLE 203 STAGE III NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020- (UNITS)
TABLE 204 STAGE III NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026- (UNITS)
14.4 STAGE III A/B
TABLE 205 STAGE III A/B NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020 (UNITS)
TABLE 206 STAGE III A/B NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026 (UNITS)
14.5 STAGE IV
TABLE 207 STAGE IV EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES
TABLE 208 STAGE IV NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020 (UNITS)
TABLE 209 STAGE IV NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026 (UNITS)
14.6 STAGE V
TABLE 210 STAGE V EMISSION STANDARDS FOR NON-ROAD ENGINES
TABLE 211 STAGE V NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020 (UNITS)
TABLE 212 STAGE V NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026 (UNITS)
14.7 STAGE VI
TABLE 213 STAGE VI NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020 (UNITS)
TABLE 214 STAGE VI NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026 (UNITS)
14.8 TIER 4
TABLE 215 TIER 4 EMISSION STANDARDS FOR NON-ROAD ENGINES
TABLE 216 TIER 4 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020 (UNITS)
TABLE 217 TIER 4 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026 (UNITS)
14.9 TIER 5
TABLE 218 TIER 5 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20152020 (UNITS)
TABLE 219 TIER 5 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 20212026 (UNITS)
15 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE (Page No. - 211)
15.1 INTRODUCTION
15.1.1 RESEARCH METHODOLOGY
15.1.2 ASSUMPTIONS/LIMITATIONS
15.1.3 INDUSTRY INSIGHTS
TABLE 220 PREFERRED AFTERTREATMENT DEVICES, BY EMISSION REGULATION
FIGURE 39 MARKET, BY AFTERTREATMENT DEVICE, 2021 VS. 2026 (USD MILLION)
TABLE 221 MARKET, BY AFTERTREATMENT DEVICE, 20152020 (UNITS)
TABLE 222 MARKET, BY AFTERTREATMENT DEVICE, 20212026 (UNITS)
TABLE 223 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE, 20152020 (USD MILLION)
TABLE 224 MARKET, BY AFTERTREATMENT DEVICE, 20212026 (USD MILLION)
15.2 EXHAUST GAS RECIRCULATION (EGR)
15.2.1 COUNTRIES WITH STAGE III EMISSION REGULATION TO DRIVE THIS SEGMENT
TABLE 225 EGR: MARKET, BY REGION, 20152020 (UNITS)
TABLE 226 EGR: MARKET, BY REGION, 20212026 (UNITS)
TABLE 227 EGR: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 228 EGR: MARKET, BY REGION, 20212026 (USD MILLION)
15.3 DIESEL OXIDATION CATALYST (DOC)
15.3.1 REGULATED ECONOMIES WITH TIER 3 OR ABOVE EMISSION STANDARDS TO DRIVE THIS SEGMENT
TABLE 229 DOC: MARKET, BY REGION, 20152020 (UNITS)
TABLE 230 DOC: MARKET, BY REGION, 20212026 (UNITS)
TABLE 231 DOC: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 232 DOC: MARKET, BY REGION, 20212026 (USD MILLION)
15.4 DIESEL PARTICULATE FILTER (DPF)
15.4.1 STAGE IV AND STAGE V EMISSION NORMS TO DRIVE THE DEMAND FOR DPF FILTERS
TABLE 233 DPF: MARKET, BY REGION, 20152020 (UNITS)
TABLE 234 DPF: MARKET, BY REGION, 20212026 (UNITS)
TABLE 235 DPF: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 236 DPF: MARKET, BY REGION, 20212026 (USD MILLION)
15.5 SELECTIVE CATALYTIC REDUCTION (SCR)
15.5.1 REDUCTION OF NOX EMISSION EXPECTED TO DRIVE THE DEMAND FOR SCR
TABLE 237 SCR: MARKET, BY REGION, 20152020 (UNITS)
TABLE 238 SCR: MARKET, BY REGION, 20212026 (UNITS)
TABLE 239 SCR: MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 240 SCR: MARKET, BY REGION, 20212026 (USD MILLION)
16 CONSTRUCTION EQUIPMENT MARKET, BY REGION (Page No. - 222)
16.1 INTRODUCTION
16.1.1 RESEARCH METHODOLOGY
16.1.2 ASSUMPTIONS
16.1.3 INDUSTRY INSIGHTS
FIGURE 40 MARKET, BY REGION, 20212026 (USD MILLION)
TABLE 241 MARKET, BY REGION, 20152020 (UNITS)
TABLE 242 MARKET, BY REGION, 20212026 (UNITS)
TABLE 243 MARKET, BY REGION, 20152020 (USD MILLION)
TABLE 244 MARKET, BY REGION, 20212026 (USD MILLION)
16.2 ASIA
FIGURE 41 ASIA MARKET SNAPSHOT
TABLE 245 ASIA: MARKET, BY COUNTRY, 20152020 (UNITS)
TABLE 246 ASIA: MARKET, BY COUNTRY, 20212026 (UNITS)
TABLE 247 ASIA: MARKET, BY COUNTRY, 20152020 (USD MILLION)
TABLE 248 ASIA: MARKET, BY COUNTRY, 20212026 (USD MILLION)
16.2.1 CHINA
16.2.1.1 Heavy investment plans and market competitiveness to drive the market
TABLE 249 CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 250 CHINA: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 251 CHINA: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 252 CHINA: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.2.2 INDIA
16.2.2.1 Infrastructure sector to bolster the market
TABLE 253 INDIA: MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 254 INDIA: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 255 INDIA: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 256 INDIA: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.2.3 JAPAN
16.2.3.1 Residential and commercial construction activities are projected to drive market
TABLE 257 JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 258 JAPAN: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 259 JAPAN: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 260 JAPAN: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.2.4 INDONESIA
16.2.4.1 Housing and transport infrastructure investment to drive to the market
TABLE 261 INDONESIA: MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 262 INDONESIA: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 263 INDONESIA: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 264 INDONESIA: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
16.2.5 REST OF ASIA
16.2.5.1 Infrastructure investments and housing projects to drive market
TABLE 265 REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 266 REST OF ASIA: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 267 REST OF ASIA: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 268 REST OF ASIA: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.3 NORTH AMERICA
FIGURE 42 NORTH AMERICA MARKET SNAPSHOT
TABLE 269 NORTH AMERICA: MARKET, BY COUNTRY, 20152020 (UNITS)
TABLE 270 NORTH AMERICA: MARKET, BY COUNTRY, 20212026 (UNITS)
TABLE 271 NORTH AMERICA: MARKET, BY COUNTRY, 20152020 (USD MILLION)
TABLE 272 NORTH AMERICA: MARKET, BY COUNTRY, 20212026 (USD MILLION)
16.3.1 US
16.3.1.1 Strong growth of construction sector expected to drive the market
TABLE 273 US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 274 US: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 275 US: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 276 US: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.3.2 CANADA
16.3.2.1 Infrastructure projects are projected to drive demand for construction equipment
TABLE 277 CANADA: MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 278 CANADA: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 279 CANADA: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 280 CANADA: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.3.3 MEXICO
16.3.3.1 Increased construction activities expected to drive market
TABLE 281 MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 282 MEXICO: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 283 MEXICO: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 284 MEXICO: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.4 EUROPE
FIGURE 43 EUROPE MARKET SNAPSHOT, BY COUNTRY, 20212026 (USD MILLION)
TABLE 285 EUROPE: MARKET, BY COUNTRY, 20152020 (UNITS)
TABLE 286 EUROPE: MARKET, BY COUNTRY, 20212026 (UNITS)
TABLE 287 EUROPE: MARKET, BY COUNTRY, 20152020 (USD MILLION)
TABLE 288 EUROPE: MARKET, BY COUNTRY, 20212026 (USD MILLION)
16.4.1 GERMANY
16.4.1.1 Increase demand for compact construction equipment to drive market in this country
TABLE 289 GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 290 GERMANY: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 291 GERMANY: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 292 GERMANY: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.4.2 FRANCE
16.4.2.1 Rapid developments in metropolitan areas are expected to boost demand
TABLE 293 FRANCE: MARKET, BY EQUIPMENT TYPE, 20152020, (UNITS)
TABLE 294 FRANCE: MARKET, BY EQUIPMENT TYPE, 20212026, (UNITS)
TABLE 295 FRANCE: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 296 FRANCE: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.4.3 UK
16.4.3.1 Residential construction projects to drive market
TABLE 297 UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 298 UK: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 299 UK: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 300 UK: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.4.4 SPAIN
16.4.4.1 Growing demand for residential buildings propel the market in Spain
TABLE 301 SPAIN: MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 302 SPAIN: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 303 SPAIN: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 304 SPAIN: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.4.5 ITALY
16.4.5.1 Maintenance and renovation segment to drive the market
TABLE 305 ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 306 ITALY: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 307 ITALY: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 308 ITALY: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.4.6 REST OF EUROPE
16.4.6.1 The growth of the construction sector expected to drive the demand
TABLE 309 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 310 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 311 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 312 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.5 MIDDLE EAST
FIGURE 44 MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 20212026 (USD MILLION)
TABLE 313 MIDDLE EAST: MARKET, BY COUNTRY, 20152020 (UNITS)
TABLE 314 MIDDLE EAST: MARKET, BY COUNTRY, 20212026 (UNITS)
TABLE 315 MIDDLE EAST: MARKET, BY COUNTRY, 20152020 (USD MILLION)
TABLE 316 MIDDLE EAST: MARKET, BY COUNTRY, 20212026 (USD MILLION)
16.5.1 QATAR
16.5.1.1 Foreign direct investments in construction sector to drive the market
TABLE 317 QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 318 QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 319 QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 320 QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.5.2 SAUDI ARABIA
16.5.2.1 Vision 2030 plan to drive demand for construction equipment
TABLE 321 SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 322 SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 323 SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 324 SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.5.3 UAE
16.5.3.1 Mega projects are expected to drive market
TABLE 325 UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 326 UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 327 UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 328 UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.5.4 REST OF MIDDLE EAST
16.5.4.1 Public-private partnerships for construction projects to drive the market
TABLE 329 REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 330 REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 331 REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 332 REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.6 REST OF THE WORLD (ROW)
FIGURE 45 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 20212026 (USD MILLION)
TABLE 333 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 20152020 (UNITS)
TABLE 334 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 20212026 (UNITS)
TABLE 335 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 20152020 (USD MILLION)
TABLE 336 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 20212026 (USD MILLION)
16.6.1 BRAZIL
16.6.1.1 Increased hotel construction projects to drive the market in Brazil
TABLE 337 BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 338 BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 339 BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 340 BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.6.2 RUSSIA
16.6.2.1 Growing construction projects expected to drive market
TABLE 341 RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 342 RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 343 RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 344 RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.6.3 SOUTH AFRICA
16.6.3.1 Residential and non-residential construction activities to drive market
TABLE 345 SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 346 SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 347 SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 348 SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
16.6.4 OTHER COUNTRIES
16.6.4.1 Infrastructure projects to drive the demand
TABLE 349 OTHER COUNTRIES: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (UNITS)
TABLE 350 OTHER COUNTRIES: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (UNITS)
TABLE 351 OTHER COUNTRIES: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20152020 (USD MILLION)
TABLE 352 OTHER COUNTRIES: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 20212026 (USD MILLION)
17 RECOMMENDATIONS FROM MARKETSANDMARKETS (Page No. - 325)
17.1 ASIA IS THE POTENTIAL MARKET FOR CONSTRUCTION EQUIPMENT MANUFACTURERS
17.2 RENTAL CONSTRUCTION EQUIPMENT ALONG WITH TELEMATICS WILL PROPEL ITS GROWTH
17.3 ELECTRIC CONSTRUCTION EQUIPMENT TO CREATE NEW OPPORTUNITIES
17.4 CONCLUSION
18 COMPETITIVE LANDSCAPE (Page No. - 327)
18.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
FIGURE 46 NEW PRODUCT DEVELOPMENT IS THE LEADING STRATEGY ADOPTED BY CONSTRUCTION EQUIPMENT OEMS
18.2 REVENUE ANALYSIS OF KEY PLAYERS, 2018-2020
FIGURE 47 CONSTRUCTION EQUIPMENT PLAYERS REVENUE ANALYSIS, 2018-2020
18.3 MARKET SHARE ANALYSIS
FIGURE 48 CONSTRUCTION EQUIPMENT MARKET SHARE, KEY PLAYERS, 2020
18.4 COMPANY EVALUATION MATRIX CONSTRUCTION EQUIPMENT PLAYERS
18.4.1 TERMINOLOGY
18.4.2 STARS
18.4.3 EMERGING LEADERS
18.4.4 PERVASIVE PLAYERS
18.4.5 PARTICIPANTS
18.4.6 COMPANY EVALUATION MATRIX - CONSTRUCTION EQUIPMENT MANUFACTURERS
FIGURE 49 MARKET: COMPANY EVALUATION MATRIX (2019)
18.5 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 50 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN THE MARKET
18.6 BUSINESS STRATEGY EXCELLENCE
FIGURE 51 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN THE CONSTRUCTION EQUIPMENT MARKET
19 COMPANY PROFILES (Page No. - 335)
19.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats)*
19.1.1 CATERPILLAR INC.
TABLE 353 CATERPILLAR INC: BUSINESS OVERVIEW
FIGURE 52 CATERPILLAR INC: COMPANY SNAPSHOT
TABLE 354 CATERPILLAR INC: NEW PRODUCT DEVELOPMENT
TABLE 355 CATERPILLAR INC: DEALS
19.1.2 KOMATSU LTD.
TABLE 356 KOMATSU LTD: BUSINESS OVERVIEW
FIGURE 53 KOMATSU LTD: COMPANY SNAPSHOT
TABLE 357 KOMATSU LTD: PRODUCTS OFFERED
TABLE 358 KOMATSU LTD.: NEW PRODUCT DEVELOPMENT
TABLE 359 KOMATSU LTD.: OTHER DEVELOPMENTS
TABLE 360 KOMATSU LTD: DEALS
19.1.3 DEERE & COMPANY
TABLE 361 DEERE & COMPANY: BUSINESS OVERVIEW
FIGURE 54 DEERE & COMPANY: COMPANY SNAPSHOT
TABLE 362 DEERE & COMPANY: PRODUCTS OFFERED
TABLE 363 DEERE & COMPANY: NEW PRODUCT DEVELOPMENTS
TABLE 364 DEERE & COMPANY: OTHER DEVELOPMENT
TABLE 365 DEERE & COMPANY: DEALS
19.1.4 HITACHI CONSTRUCTION MACHINERY CO., LTD
TABLE 366 HITACHI CONSTRUCTION MACHINERY CO., LTD: BUSINESS OVERVIEW
FIGURE 55 HITACHI CONSTRUCTION MACHINERY CO., LTD: COMPANY SNAPSHOT
TABLE 367 HITACHI CONSTRUCTION MACHINERY CO., LTD: PRODUCTS OFFERED
TABLE 368 HITACHI CONSTRUCTION MACHINERY CO., LTD: NEW PRODUCT DEVELOPMENTS
TABLE 369 HITACHI CONSTRUCTION MACHINERY CO., LTD: OTHER DEVELOPMENT
TABLE 370 HITACHI CONSTRUCTION MACHINERY CO., LTD: DEALS
19.1.5 VOLVO GROUP
TABLE 371 VOLVO GROUP: BUSINESS OVERVIEW
FIGURE 56 VOLVO GROUP: COMPANY SNAPSHOT
TABLE 372 VOLVO GROUP: PRODUCTS OFFERED
TABLE 373 VOLVO GROUP: NEW PRODUCT DEVELOPMENT
TABLE 374 VOLVO GROUP: DEALS
19.1.6 CNH INDUSTRIAL
TABLE 375 CNH INDUSTRIAL: BUSINESS OVERVIEW
FIGURE 57 CNH INDUSTRIAL: COMPANY SNAPSHOT
TABLE 376 CNH INDUSTRIAL: PRODUCTS OFFERED
TABLE 377 CNH INDUSTRIAL: NEW PRODUCT DEVELOPMENTS
TABLE 378 CNH INDUSTRIAL: DEALS
19.1.7 LIEBHERR
TABLE 379 LIEBHERR: BUSINESS OVERVIEW
FIGURE 58 LIEBHERR: COMPANY SNAPSHOT
TABLE 380 LIEBHERR: PRODUCTS OFFERED
TABLE 381 LIEBHERR: NEW PRODUCT DEVELOPMENTS
TABLE 382 LIEBHERR: OTHER DEVELOPMENT
TABLE 383 LIEBHERR: DEALS
19.1.8 XCMG
TABLE 384 XCMG: BUSINESS OVERVIEW
TABLE 385 XCMG: PRODUCTS OFFERED
TABLE 386 XCMG: NEW PRODUCT DEVELOPMENTS
TABLE 387 XCMG: DEALS
19.1.9 SANY HEAVY INDUSTRY CO., LTD
TABLE 388 SANY HEAVY INDUSTRIES CO., LTD: BUSINESS OVERVIEW
TABLE 389 SANY HEAVY INDUSTRIES CO., LTD: PRODUCTS OFFERED
TABLE 390 SANY HEAVY INDUSTRIES CO., LTD: NEW PRODUCT DEVELOPMENTS
TABLE 391 SANY HEAVY INDUSTRIES CO., LTD: DEALS
19.1.10 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD
TABLE 392 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD: BUSINESS OVERVIEW
FIGURE 59 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO. LTD.: COMPANY SNAPSHOT
TABLE 393 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD: PRODUCTS OFFERED
TABLE 394 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD: DEALS
19.1.11 JCB
TABLE 395 JCB: BUSINESS OVERVIEW
TABLE 396 JCB: PRODUCTS OFFERED
TABLE 397 JCB: NEW PRODUCT DEVELOPMENTS
TABLE 398 JCB: DEALS
TABLE 399 JCB: OTHER DEVELOPMENTS
19.1.12 TEREX CORPORATION
TABLE 400 TEREX CORPORATION: BUSINESS OVERVIEW
FIGURE 60 TEREX CORPORATION: COMPANY SNAPSHOT
TABLE 401 TEREX CORPORATION: PRODUCTS OFFERED
TABLE 402 TEREX CORPORATION: NEW DEVELOPMENTS
19.1.13 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.
TABLE 403 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.: BUSINESS OVERVIEW
FIGURE 61 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO. LTD: COMPANY SNAPSHOT
TABLE 404 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.: PRODUCTS OFFERED
TABLE 405 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.: NEW PRODUCT DEVELOPMENTS
19.1.14 KOBELCO CONSTRUCTION MACHINERY CO., LTD.
TABLE 406 KOBELCO CONSTRUCTION MACHINERY CO., LTD BUSINESS OVERVIEW
FIGURE 62 KOBELCO CONSTRUCTION MACHINERY CO., LTD: COMPANY SNAPSHOT
TABLE 407 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED
TABLE 408 KOBELCO CONSTRUCTION MACHINERY CO., LTD: NEW PRODUCT DEVELOPMENTS
TABLE 409 KOBELCO CONSTRUCTION MACHINERY CO., LTD: OTHERDEVELOPMENTS
TABLE 410 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: DEALS
19.1.15 KUBOTA CORPORATION
TABLE 411 KUBOTA CORPORATION: BUSINESS OVERVIEW
FIGURE 63 KUBOTA CORPORATION: COMPANY SNAPSHOT
TABLE 412 KUBOTA CORPORATION: PRODUCTS OFFERED
TABLE 413 KUBOTA CORPORATION.: NEW PRODUCT DEVELOPMENTS
TABLE 414 KUBOTA CORPORATION.: OTHER DEVELOPMENTS
TABLE 415 KUBOTA CORPORATION: DEALS
19.1.16 YANMAR CONSTRUCTION EQUIPMENT CO. LTD:
TABLE 416 YANMAR CONSTRUCTION EQUIPMENT CO LTD: BUSINESS OVERVIEW
FIGURE 64 YANMAR CONSTRUCTION EQUIPMENT CO LTD: COMPANY SNAPSHOT
TABLE 417 YANMAR CONSTRUCTION EQUIPMENT CO LTD: PRODUCTS OFFERED
TABLE 418 YANMAR CONSTRUCTION EQUIPMENT CO LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 419 YANMAR CONSTRUCTION EQUIPMENT CO LTD: DEALS
19.1.17 SUMITOMO HEAVY INDUSTRIES
TABLE 420 SUMITOMO HEAVY INDUSTRIES: BUSINESS OVERVIEW
FIGURE 65 SUMITOMO HEAVY INDUSTRIES: COMPANY SNAPSHOT
TABLE 421 SUMITOMO HEAVY INDUSTRIES: PRODUCTS OFFERED
19.1.18 SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD
TABLE 422 SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD.: PRODUCTS OFFERED
TABLE 423 SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD.:: NEW PRODUCT DEVELOPMENTS
TABLE 424 SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD.: OTHER DEVELOPMENTS
19.1.19 SUMITOMO CONSTRUCTION MACHINERY: BUSINESS OVERVIEW
TABLE 425 SUMITOMO CONSTRUCTION MACHINERY: PRODUCTS OFFERED
TABLE 426 SUMITOMO CONSTRUCTION MACHINERY.: OTHER DEVELOPMENTS
19.2 OTHER PLAYERS
19.2.1 ATLAS COPCO AB
TABLE 427 ATLAS COPCO AB: COMPANY OVERVIEW
19.2.2 SANDVIK GROUP.
TABLE 428 SANDVIK GROUP.: COMPANY OVERVIEW
19.2.3 WRITGEN GROUP
TABLE 429 WRITGEN GROUP: COMPANY OVERVIEW
19.2.4 AMMANN
TABLE 430 AMMANN: COMPANY OVERVIEW
19.2.5 MANITOWOC
TABLE 431 MANITOWOC: COMPANY OVERVIEW
19.2.6 ASTEC INDUSTRIES
TABLE 432 ASTEC INDUSTRIES: COMPANY OVERVIEW
19.2.7 GUANGXI LIUGONG MACHINERY CO., LIMITED.
TABLE 433 GUANGXI LIUGONG MACHINERY CO., LIMITED.: COMPANY OVERVIEW
19.2.8 HYUNDAI HEAVY INDUSTRIES
TABLE 434 HYUNDAI HEAVY INDUSTRIES: COMPANY OVERVIEW
19.2.9 KOBE STEEL LTD.
TABLE 435 KOBE STEEL LTD. : COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Key strengths/right to win, Strategic choices made, Weakness/competitive threats might not be captured in case of unlisted companies.
20 APPENDIX (Page No. - 409)
20.1 CURRENCY & PRICING
20.2 KEY INSIGHTS OF INDUSTRY EXPERTS
20.3 DISCUSSION GUIDE
20.4 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
20.5 AVAILABLE CUSTOMIZATIONS
20.5.1 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY & COUNTRY
20.5.1.1 Earthmoving equipment
20.5.1.2 Material handling equipment
20.5.1.3 Heavy construction vehicles
20.5.1.4 Others
20.6 RELATED REPORTS
20.7 AUTHOR DETAILS
The study involved 4 major activities in estimating the current size of the construction equipment market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used in estimating the market size of segments and subsegments.
Secondary Research
Secondary sources referred for this research study include the Association of Equipment Manufacturers, the Committee for European Construction Equipment (CECE), corporate filings (such as annual reports, investor presentations, and financial statements), and off-highway associations. Secondary data was collected and analyzed to arrive at the overall market size, which is further validated through primary research.
Primary Research
Extensive primary research was conducted after understanding the construction equipment market through secondary research. Several primary interviews were conducted with market experts from both, the demand- (rental players and distributors) and supply-side (off-highway OEMs, component suppliers, and others) players across five major regionsnamely, North America, Europe, Asia, the Middle East, and RoW (Latin America and Africa). Approximately 70% and 30%, respectively, of primary interviews, were conducted from both, the demand and supply side. The primary data was collected through questionnaires, e-mails, and telephonic interviews.
After interacting with industry participants, brief sessions with highly experienced independent consultants were conducted to reinforce the findings from primaries. This, along with the in-house subject matter experts opinions, has led to the findings as described in the remainder of this report
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The bottom-up approach was used to estimate and validate the market size of the construction equipment market. The market size of the market, by equipment and by country, was derived by mapping the historical sales of different equipment at the country-level. These data points were largely fetched from the country level associations, off-highway database, and data excerpts from OEMs. The market size, by value, was derived by multiplying the equipment wise average selling price with the respective equipment volume calculated in units. The total volume and value of each country/ region are then summed up to reveal the total volume of the global market for each equipment type. The data was validated through primary interviews with industry experts. The market is further segmented into the equipment category, power output, engine capacity, propulsion, and electric construction equipment. The penetration of different segments was derived from secondary research as well as primary interviews.
The construction equipment rental market value was estimated post analyzing the different geographies. The market value was derived using the regional penetrations found from various secondary and primary sources. The rental market was further analyzed by an application using the top-down approach.
Report Objectives
- To define, describe, and forecast the size of the construction equipment market in terms of volume (units) and value (USD million)
- To understand the market dynamics (drivers, restraints, opportunities, and challenges)
- To segment the market and forecast the market size, by value and volume, based on:
- Equipment Type - Articulated Dump Truck, Asphalt Finisher, Backhoe Loader, Crawler Dozer, Crawler Excavator, Crawler Loader, Mini Excavator, Motor Grader, Motor Scraper, Rigid Dump Truck, Road Roller, Rough Terrain Lift Truck (RTLT) Masted, Rough Terrain Lift Truck (RTLT) Telescopic, Skid-Steer Loader, Wheeled Excavator, Wheeled Loader <80 HP, Wheeled Loader >80 HP, Compactor, and Pick and Carry Crane.
- Electric Construction Equipment by Type - Dump Truck, Loader, Dozer, Excavator, and Motor Grader
- Equipment Category - Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicle, and Other Equipment
- Application Commercial, Residential, and Infrastructure
- Power Output - <100 HP, 101200 HP, 201400 HP, and >400 HP
- Engine Capacity - <5L, 5L-10L, and >10L
- Emission Regulation - Stage II, Stage III, Stage IIIA, Stage IV, Stage V, Stage VI, Tier 4, and Tier 5
- Aftertreatment Device - Diesel Oxidation Catalyst (DOC), Diesel Particulate Filter (DPF), Exhaust Gas Recirculation (EGR), and Selective Catalytic Reduction (SCR)
- Propulsion Type Diesel and CNG/LNG/RNG
- Construction Equipment Rental Market by Application Type Commercial, Residential, and Infrastructure
- Region Asia, Europe, North America, the Middle East, and the Rest of the World
- To analyze the market share of key manufacturers operating in the market
- To assess the ASP, trade statistics, patents, market ecosystem, technology analysis, and emission regulations specific to the off-highway industry
- To understand the competition in the market and position players as stars, leaders, pervasive, and emerging companies according to their product portfolios, strengths, and business strategies
- To provide an analysis of the recent developments, alliances, joint ventures, and mergers & acquisitions in the market
Available Customizations
Along with the market data, MarketsandMarkets offers customizations in accordance with the companys specific needs.
Construction Equipment Market, by Equipment CATEGORY & country
- Earthmoving equipment
- Material handling equipment
- Heavy construction vehicles
- Others
Note: The segment would be further segmented at the country level.
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- Who will be your Top Customer; what will make them switch?
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