Construction Equipment Market

Construction Equipment Market by Type (Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump Truck, Others), Electric Equipment, Propulsion, Power Output, Application, Rental, Aftertreatment Device and Region - Global Forecast to 2025

Report Code: AT 2838 Nov, 2020, by marketsandmarkets.com

Construction Equipment Market

Construction equipment refers to heavy machinery that performs specific construction or demolition functions. This equipment is transportable, semi-permanent, or permanent and is primarily used for earthmoving, lifting containers or materials, drilling holes in the earth or rock, and concrete and paving applications. It is also used in various other applications such as infrastructure, residential buildings, commercial buildings, and industrial buildings

Drivers

  • Increase in infrastructure investments post the COVID-19 pandemic
  • OEM-centric connected features

Restraint

  • Decreased deal value of construction equipment projects
    • Top 10 Players:
      • Caterpillar- The Company provides construction equipment through its construction industries business segment under the brand name, CAT. Caterpillar’s construction industries segment is primarily responsible for supporting customers using machinery in infrastructure, forestry, and building construction. The majority of sales in this segment are in the heavy and general construction, rental, quarry and aggregates, and mining markets.
      • Komatsu– The Company has a global presence and manufactures and sells construction and mining equipment, utilities, forest machines, and industrial machinery. It operates in two major business segments, namely, Construction, Mining, & Utility Equipment Business, and Industrial Machinery & Others. Its heavy construction equipment business falls under the Construction, Mining & Utility Equipment segment.
      • Deere & Company– The Company majorly operates in three business segments, namely, agriculture and turf, construction and forestry, and financial services. The construction and forestry segment primarily manufactures and distributes a broad range of machines and service parts used in construction, earthmoving, road building, material handling, and timber harvesting, including backhoe loaders; crawler dozers and loaders, etc.
      • Hitachi Construction Machinery- The Company manufactures, sells, and services construction machinery, transportation machinery, and other machines and devices. It operates through two segments, namely, Construction Machinery Business (including Construction and Mining Business) and Industrial Vehicles Business. It manages the construction equipment business under the Construction Machinery Business segment.
      • Volvo Construction Equipment- The Company develops, manufactures, and markets equipment for construction and related industries under the brands Volvo and SDLG. The group is one of the largest manufacturers of heavy-duty trucks, construction equipment, buses, and heavy-duty diesel engines and a leading supplier of marine and industrial engines. The Volvo Group’s brand portfolio comprises Volvo, Volvo Penta, UD Trucks, Terex Trucks, Renault Trucks, Prevost, Nova Bus, Mack, and Arquus.
      • CNH Industrial
      • Liebherr
      • XCMG
      • Sany Heavy Industries
      • Doosan Heavy Industries & Construction
      • JCB
      • Terex Corporation
      • Zoomlion
    • Other Regional Players:
      • Atlas Copco AB
      • Sandvik
      • Wirtgen Group
      • Ammann
      • Manitowoc
      • Astec Industries
      • Guangxi LiuGong Machinery Co., Ltd.
      • Hyundai Heavy Industries
      • Kobe Steel Ltd.
      • Sumitomo Heavy Industries
    • Top Construction Equipment:
      • Articulated Dump Truck
      • Asphalt Finisher
      • Backhoe Loader
      • Crawler Dozer
      • Crawler Excavator
      • Crawler Loader
      • Mini Excavator
      • Motor Grader
      • Motor Scraper
      • Rigid Dump Truck
      • Road Roller
      • RTLT Masted
      • RTLT Telescopic
      • Skid-Steer Loader
      • Wheeled Excavator
      • Wheeled Loader >80 Hp
      • Wheeled Loader <80 Hp

[ 267 Pages Report] The global construction equipment market size is projected to reach USD 205.0 billion by 2025, from an estimated value of USD 169.3 billion in 2020, at a 3.9% CAGR. Rapid urbanization leading to increased demand for housing projects are expected to boost the construction equipment market. The increasing number of infrastructure projects and mega construction projects are anticipated to further fuel the demand for construction equipment during the forecast period.

Attractive Opportunities In The Construction Equipment Market

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COVID-19 IMPACT ON MARKET

The construction industry has been severely impacted due to the COVID-19 pandemic, including owners, developers, contractors, subcontractors, and supply chain vendors. The nature of the impact varies depending upon the regions and infrastructure projects. Construction activities have been on halt for months in China, UK, and India, which led to shutting down various construction projects. Therefore, construction output is estimated to be lower in 2020 due to the COVID-19 pandemic impact.

The companies in various countries such as China and Italy have shut down their production units leading to a sharp decrease in the production of a wide range of materials ranging from steel to cement. Contractors who rely on Chinese-made goods and materials are expected to face an increase in costs caused by shortages of construction material, leading to the slower execution of projects. This is expected to result in higher prices and a higher number of canceled projects. Also, limitations in public transportation have slowed down the delivery of projects. Therefore, the delays and cancellations of construction projects worldwide due to the COVID-19 pandemic have affected the demand for construction equipment. However, the government plans to uplift the construction sector through significant investments in the coming future are expected to increase the need for new construction equipment after lifting lockdowns. 

Market Dynamics

DRIVER: Increase in infrastructure investments post the COVID-19 pandemic to stimulate economic growth expected to fuel the demand for construction equipment 

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 infrastructure, residential, commercial, 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 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. This is expected to impact the demand for construction equipment in the near future positively.

RESTRAINT: The decreased deal value of construction equipment projects

The COVID-19 pandemic has significantly impacted the construction and infrastructure sectors. It 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 investors' confidence, thereby affecting the sales of construction equipment. Due to the COVID-19 pandemic, the construction sector around the world is facing a decline in investments. Therefore, low investments in the construction sector are expected to impact construction equipment sales and hamper short and midterm growth. 

OPPORTUNITY: COVID-19 pandemic to provide opportunities for companies offering construction equipment on rent

The global construction equipment industry's growth is directly related to worldwide infrastructure development and investments in new projects. Post the reopening of large global construction projects and large capital investments related to new construction equipment has helped boost the rental market's growth for construction equipment. Renting equipment for construction projects offers various advantages to builders rather than purchasing new construction equipment, requiring significant down payments and increasing operating expenses. The reopening of economies around the world is contributing to the recovery of the rental construction equipment 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, 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 European Commission has proposed the world’s toughest emission standards for non-road mobile machinery (NRMM). Therefore, it is difficult for construction equipment manufacturers to entirely meet the latest emission regulations for different countries around the world and become a challenge for them in terms of engine technologies, design, and associated costs.

Construction Equipment Market Supply Chain

Construction Equipment Market Supply Chain

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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 2020. 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. 

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 2025. The increasing urban population and the demand for better infrastructure facilities are creating significant growth opportunities for the earthmoving construction equipment. 

Asia pacific is projected to be the largest market throughout 2025

The construction equipment market has experienced growth in the number of projects such as dams, airports, and hydroelectric projects. Many international companies have started their manufacturing plants in this region. Some of the man-made marvels and remarkable construction projects such as the Beijing New International Airport (China) and South to North Water Transfer Project (China) are set up in the region. The region is estimated to be the most populated in the world, which creates immense opportunity for the construction equipment market to grow.

Some of the major projects driving this region's construction equipment market are the SongdoInternational Business District in South Korea and China–Pakistan Economic Corridor. These mega projects have led to an increase in investments and construction activities, thereby driving the region's construction equipment market.

Construction Equipment Market By Region

Key Market Players & Start-ups 

Caterpillar Inc. (US), Komatsu Ltd. (Japan), Deere & Company (US), Hitachi Construction Machinery Co., Ltd (Japan), and Volvo Construction Equipment (Sweden). These companies developed new products, adopted expansion strategies, undertook collaborations & partnerships, and used mergers & acquisitions to gain traction in the construction equipment market.

Scope of the Report

Report Metric

Details

Market size available for years

2020–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD Million)

Segments covered

By Equipment type, Electric Equipment, Equipment Category, Aftertreatment Device, Propulsion, Power Output, Engine Capacity, Emission Regulation, Application, Rental and Region

Geographies covered

Asia Pacific, Europe, North America, Middle East and Rest of the World

Companies covered

Caterpillar Inc. (US), Komatsu Ltd. (Japan), Deere & Company (US), Hitachi Construction Machinery Co., Ltd (Japan), and Volvo Construction Equipment (Sweden).

The study categorizes the construction equipment market based on equipment type, electric equipment, equipment category, aftertreatment device, propulsion, power output, engine capacity, emission regulation, application, rental and region

By Equipment Type

  • Articulated Dump Truck
  • Asphalt Finisher
  • Backhoe Loader
  • Crawler Dozer
  • Crawler Excavator
  • Crawler Loader
  • Mini Excavators
  • Motor Grader
  • Motor Scraper
  • Road Roller
  • Rigid Dump Truck
  • RTLT Masted
  • RTLT Telescopic
  • Skid-Steer Loader
  • Wheeled Excavator
  • Wheeled Loader <80 Hp
  • Wheeled Loader >80hp

By Equipment Category

  • Earthmoving Equipment
  • Material-Handling Equipment
  • Heavy Construction Vehicles
  • Other Equipment 

By Application

  • Infrastructure
  • Commercial
  • Residential 

Rental by Application

  • Infrastructure
  • Commercial
  • Residential 

By Propulsion Type

  • Diesel
  • CNG/LNG/RNG 

By Power Output

  • <100 HP
  • 101–200 HP
  • 201–400 HP
  • >400 HP 

Rental by Engine Capacity

  • 5L
  • 5-10L
  • 10L

Electric Construction Equipment By Type

  • Dump Truck
  • Loader
  • Dozer
  • Excavator
  • Motor Grader

Rental by Aftertreatment Device

  • Diesel Oxidation Catalyst (DOC)
  • Diesel Particulate Filter (DPF)
  • Exhaust Gas Recirculation (EGR)
  • Selective Catalytic Reduction (SCR) 

By Emission Regulation Stage

  • Stage II
  • Stage III
  • Stage IV
  • Stage V
  • Stage VI
  • Tier 4
  • Tier 5 

By Region

  • Asia
  • Europe
  • North America
  • Middle East
  • Rest of the World 

Recent Developments 

  • In August 2020, John Deere introduced the 200G model to its excavator range. Designed to decrease fuel burn amount without sacrificing power or productivity, the 200G Excavator enables operators to complete tough jobs while also lowering overall operation costs quickly. Combined with John Deere’s broad bucket portfolio, coupler options and attachments, and accelerated swing speed, the 200G machine is ideal for various applications, including site development, roadbuilding, and earthmoving.
  • In August 2020, Hitachi Construction Machinery Co., Ltd. (TSE: 6305; Hitachi Construction Machinery) developed a system platform, ZCORE, which facilitates the development of autonomous construction equipment, enhances its functionality. This is part of Hitachi Construction Machinery’s effort to increase safety and productivity at future construction sites in line with the company vision of man and equipment working together cooperatively.
  • In April 2020, Caterpillar has launched the new Cat AD63 Underground Articulated Truck features five percent increased payload and more torque for enhanced production capabilities, compared to its predecessor, the AD60. The new AD63 also be configured to meet the strictest diesel engine emission regulations for regulatory compliance and better underground air quality. Additional new features enhance operator ergonomics, maintenance access, safety, and data collection for machine health monitoring. The AD63, with a 63-ton payload, is the largest underground truck in the Caterpillar product line. The new model is expected to be available in late 2020.
  • In January 2020, Volvo Construction Equipment (Volvo CE) debuted two new asphalt paver models for its North American range at ConExpo-Con/Agg 2020 – the P5110B tracked, and P5170B wheeled pavers. Built for both heavy commercial and light highway tasks, the machines offer easy maintenance and strong performance, coupled with significant fuel savings.
  • In April 2019, Komatsu Ltd. launched the PC30E-5 electric mini excavator in Japan. Based on Komatsu’s accumulated technological expertise of hybrid construction equipment and electric forklift trucks, this electric model offers excavation performance on par with the internal combustion model of the same power output while achieving zero exhaust gas and significant noise reduction. In addition to promising use in indoor and night-time work, the PC30E-5 is an industry-pacesetting model that promotes the widespread use of construction equipment friendly to humans and the natural environment. 

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 24)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 SUMMARY OF CHANGES
    1.4 MARKET SCOPE
        FIGURE 1 CONSTRUCTION EQUIPMENT MARKET SEGMENTATION
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 29)
    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: CONSTRUCTION EQUIPMENT MARKET (EQUIPMENT TYPE, CATEGORY, REGIONAL & COUNTRY-LEVEL)
           2.2.2 TOP-DOWN APPROACH: CONSTRUCTION EQUIPMENT MARKET (APPLICATION/PROPULSION/POWER OUTPUT/ENGINE CAPACITY)
           2.2.3 BOTTOM-UP APPROACH: RENTAL CONSTRUCTION EQUIPMENT MARKET (APPLICATION AND REGION)
           2.2.4 TOP-DOWN APPROACH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET (EQUIPMENT AND REGION)
    2.3 DATA TRIANGULATION
        FIGURE 5 DATA TRIANGULATION
    2.4 ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 39)
    3.1 PRE- VS POST-COVID-19 SCENARIO
        FIGURE 6 PRE- VS POST-COVID-19 SCENARIO: CONSTRUCTION EQUIPMENT MARKET, 2018-2025 (USD MILLION)
        TABLE 1 CONSTRUCTION EQUIPMENT MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2018-2025 (USD MILLION)
    3.2 REPORT SUMMARY
        FIGURE 7 CONSTRUCTION EQUIPMENT MARKET OUTLOOK
        FIGURE 8 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2020 & 2025 (USD MILLION)

4 PREMIUM INSIGHTS (Page No. - 43)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE CONSTRUCTION EQUIPMENT MARKET
        FIGURE 9 RISING DEMAND FOR URBAN INFRASTRUCTURE PROJECTS AND WHEELED LOADER WITH >80 HP EXPECTED TO DRIVE THE MARKET
    4.2 CONSTRUCTION EQUIPMENT MARKET, BY REGION
        FIGURE 10 ASIA PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    4.3 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY
        FIGURE 11 MATERIAL HANDLING EQUIPMENT SEGMENT EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025
    4.4 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE
        FIGURE 12 WHEELED LOADER> 80 HP SEGMENT IS PROJECTED TO LEAD THE MARKET DURING FORECAST PERIOD
    4.5 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE
        FIGURE 13 DUMP TRUCK PROJECTED TO BE THE LARGEST SEGMENT FROM 2020 TO 2025
    4.6 CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
        FIGURE 14 COMMERCIAL SEGMENT PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    4.7 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION
        FIGURE 15 COMMERCIAL SEGMENT IS EXPECTED TO HOLD LARGEST MARKET SHARE IN 2020
    4.8 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE
        FIGURE 16 SCR SEGMENT PROJECTED TO LEAD THE MARKET DURING FORECAST PERIOD
    4.9 CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
        FIGURE 17 100-200 HP SEGMENT PROJECTED TO LEAD THE MARKET FROM 2020 TO 2025
    4.10 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY
        FIGURE 18 <5L SEGMENT IS ESTIMATED TO HOLD LARGEST MARKET SHARE IN 2020
    4.11 CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
        FIGURE 19 CNG/LNG/RNG SEGMENT PROJECTED TO GROW AT A HIGHER RATE DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 50)
    5.1 INTRODUCTION
    5.2 YEARS CONSIDERED FOR THE STUDY
    5.3 MARKET DYNAMICS
        FIGURE 20 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
           5.4.1 COVID-19 HEALTH ASSESSMENT
                 FIGURE 21 COVID-19 PROPAGATION: SELECT COUNTRIES
    5.5 CONSTRUCTION EQUIPMENT MARKET SCENARIO
         FIGURE 22 CONSTRUCTION EQUIPMENT MARKET SCENARIO, 2018-2025 (USD MILLION)
           5.5.1 MOST LIKELY/REALISTIC SCENARIO
                 TABLE 2 CONSTRUCTION EQUIPMENT MARKET (REALISTIC SCENARIO), BY REGION, 2018-2025 (USD MILLION)
           5.5.2 HIGH COVID-19 IMPACT SCENARIO
                 TABLE 3 CONSTRUCTION EQUIPMENT MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2018-2025 (USD MILLION)
           5.5.3 LOW COVID-19 IMPACT SCENARIO
                 TABLE 4 CONSTRUCTION EQUIPMENT MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 2018-2025 (USD MILLION)
    5.6 REVENUE SHIFT FOR CONSTRUCTION EQUIPMENT MANUFACTURERS
    5.7 PRICING ANALYSIS
        TABLE 5 AVERAGE PRICES OF CONSTRUCTION EQUIPMENT TYPES, 2019
    5.8 TECHNOLOGICAL 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 ECOSYSTEM
        FIGURE 23 ECOSYSTEM: CONSTRUCTION EQUIPMENT MARKET
    5.10 SUPPLY CHAIN
        FIGURE 24 SUPPLY CHAIN ANALYSIS: CONSTRUCTION EQUIPMENT MARKET

6 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE (Page No. - 65)
    6.1 INTRODUCTION
           6.1.1 RESEARCH METHODOLOGY
           6.1.2 ASSUMPTIONS/LIMITATIONS
           6.1.3 INDUSTRY INSIGHTS
                 FIGURE 25 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2020 & 2025 (USD MILLION)
                 TABLE 6 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                 TABLE 7 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
    6.2 ARTICULATED DUMP TRUCK
           6.2.1 MANEUVERABILITY OVER ROUGH TERRAIN DRIVE DEMAND OF THESE TRUCKS
                 TABLE 8 ARTICULATED DUMP TRUCK MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 9 ARTICULATED DUMP TRUCK MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.3 ASPHALT FINISHER
           6.3.1 INVESTMENT IN ROAD CONSTRUCTION PROJECTS TO DRIVE THE DEMAND
                 TABLE 10 ASPHALT FINISHER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 11 ASPHALT FINISHER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.4 BACKHOE LOADER
           6.4.1 ABILITY TO PERFORM HEAVY TASKS DRIVE THE DEMAND FOR THIS EQUIPMENT
                 TABLE 12 BACKHOE LOADER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 13 BACKHOE LOADER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.5 CRAWLER DOZER
           6.5.1 GROWING INFRASTRUCTURE ACTIVITIES TO DRIVE THE DEMAND
                 TABLE 14 CRAWLER DOZER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 15 CRAWLER DOZER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.6 CRAWLER EXCAVATOR
           6.6.1 HEAVY INVESTMENTS IN INFRASTRUCTURE BY GOVERNMENT FUEL THIS SEGMENT
                 TABLE 16 CRAWLER EXCAVATOR MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 17 CRAWLER EXCAVATOR MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.7 CRAWLER LOADER
           6.7.1 DEMAND FOR CRAWLER LOADERS IS INCREASING OWING TO THEIR HIGH LIFTING CAPACITY, POWER & FLEXIBILITY
                 TABLE 18 CRAWLER LOADER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 19 CRAWLER LOADER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.8 MINI EXCAVATOR
           6.8.1 LOW-FUEL CONSUMPTION AND REDUCED NOISE MAKE MINI EXCAVATORS MORE RELIABLE FOR USE
                 TABLE 20 MINI EXCAVATOR MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 21 MINI EXCAVATOR MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.9 MOTOR GRADER
           6.9.1 LOW-COST AND EFFICIENCY DRIVE THE DEMAND OF THIS EQUIPMENT
                 TABLE 22 MOTOR GRADER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 23 MOTOR GRADER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.1 MOTOR SCRAPER
           6.10.1 WIDE APPLICATION IN CONSTRUCTION SITE DRIVE THE DEMAND OF THIS EQUIPMENT
                 TABLE 24 MOTOR SCRAPER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 25 MOTOR SCRAPER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.11 ROAD ROLLER
           6.11.1 ROAD DEVELOPMENT PROJECTS FUEL THE DEMAND FOR ROAD ROLLERS
                 TABLE 26 ROAD ROLLER MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 27 ROAD ROLLER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.12 RIGID DUMP TRUCK
           6.12.1 MANEUVERABILITY DRIVE THE DEMAND FOR THIS EQUIPMENT
                 TABLE 28 RIGID DUMP TRUCK MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 29 RIGID DUMP TRUCK MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.13 RTLT MASTED
           6.13.1 RTLT MASTED IS USED TO OFFLOAD BRICKS ACROSS ROUGH TERRAIN
                 TABLE 30 RTLT MASTED MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 31 RTLT MASTED MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.14 RTLT TELESCOPIC
           6.14.1 MORE VERSATILITY COMPARED TO RTLT MASTED TO DRIVE THE DEMAND
                 TABLE 32 RTLT TELESCOPIC MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 33 RTLT TELESCOPIC MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.15 SKID-STEER LOADER
           6.15.1 DEMAND FOR ENERGY EFFICIENT EQUIPMENT FUEL THIS SEGMENT
                  TABLE 34 SKID-STEER LOADER MARKET, BY REGION, 2018-2025 (UNITS)
                  TABLE 35 SKID-STEER LOADER MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.16 WHEELED EXCAVATOR
           6.16.1 EASE OF OPERATION DRIVE THE DEMAND FOR WHEELED EXCAVATORS
                 TABLE 36 WHEELED EXCAVATOR MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 37 WHEELED EXCAVATOR MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.17 WHEELED LOADER <80 HP
           6.17.1 SMALL-SCALE CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THIS EQUIPMENT
                 TABLE 38 WHEELED LOADER <80 HP MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 39 WHEELED LOADER <80 HP MARKET, BY REGION, 2018-2025 (USD MILLION)
    6.18 WHEELED LOADER >80 HP
           6.18.1 LARGE SCALE CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THESE LOADERS
                 TABLE 40 WHEELED LOADER >80 HP MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 41 WHEELED LOADER >80 HP MARKET, BY REGION, 2018-2025 (USD MILLION)

7 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY (Page No. - 87)
    7.1 INTRODUCTION
           7.1.1 RESEARCH METHODOLOGY
           7.1.2 ASSUMPTIONS/LIMITATIONS
           7.1.3 INDUSTRY INSIGHTS
                 FIGURE 26 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY, 2020 & 2025 (USD MILLION)
                 TABLE 42 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY, 2018-2025 (UNITS)
                 TABLE 43 CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY, 2018-2025 (USD MILLION)
    7.2 EARTHMOVING EQUIPMENT
           7.2.1 INCREASED CONSTRUCTION ACTIVITIES DRIVE THE DEMAND OF THIS EQUIPMENT
                 TABLE 44 EARTHMOVING EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 45 EARTHMOVING EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
    7.3 MATERIAL HANDLING EQUIPMENT
           7.3.1 INDUSTRIAL DEVELOPMENT PROJECTS TO DRIVE THIS SEGMENT
                 TABLE 46 MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 47 MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
    7.4 HEAVY CONSTRUCTION VEHICLES
           7.4.1 ROAD AND TUNNEL CONSTRUCTION PROJECTS TO DRIVE THE DEMAND
                 TABLE 48 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 49 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018-2025 (USD MILLION)
    7.5 OTHERS
           7.5.1 RISING URBAN INFRASTRUCTURE ACTIVITIES TO DRIVE THIS SEGMENT
                 TABLE 50 OTHER CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 51 OTHER CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)

8 CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE (Page No. - 94)
    8.1 INTRODUCTION
           8.1.1 RESEARCH METHODOLOGY
           8.1.2 ASSUMPTIONS/LIMITATIONS
           8.1.3 INDUSTRY INSIGHTS
                 FIGURE 27 CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2020 & 2025 (USD MILLION)
                 TABLE 52 CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018-2025 (UNITS)
                 TABLE 53 CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018-2025 (USD MILLION)
    8.2 DIESEL
           8.2.1 DEMAND FOR HIGH TORQUE DRIVE DIESEL-POWERED EQUIPMENT
                 TABLE 54 DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 55 DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
    8.3 CNG/LNG/RNG
           8.3.1 DEMAND FOR ALTERNATIVE FUELS WILL DRIVE THIS SEGMENT
                 TABLE 56 CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 57 CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)

9 CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT (Page No. - 100)
    9.1 INTRODUCTION
           9.1.1 RESEARCH METHODOLOGY
           9.1.2 ASSUMPTIONS/LIMITATIONS
           9.1.3 INDUSTRY INSIGHTS
                 FIGURE 28 CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2020 & 2025 (USD MILLION) 102
                 TABLE 58 CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018-2025 (UNITS) 102
                 TABLE 59 CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018-2025 (USD MILLION) 102
    9.2 <100 HP
           9.2.1 ROAD MAINTENANCE AND REPAIR PROJECTS EXPECTED TO DRIVE THIS SEGMENT
                 TABLE 60 <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS) 103
                 TABLE 61 <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
    9.3 101-200 HP
           9.3.1 LOW MAINTENANCE COST OF CONSTRUCTION EQUIPMENT WITH 101-200 HP DRIVE THIS SEGMENT
                 TABLE 62 101-200 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 63 100-200HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
    9.4 201-400 HP
           9.4.1 INCREASING DEMAND FOR HEAVY CONSTRUCTION EQUIPMENT WILL DRIVE THIS SEGMENT
                 TABLE 64 201-400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 65 201-400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
    9.5 >400 HP
           9.5.1 COMMERCIAL CONSTRUCTION PROJECTS EXPECTED TO DRIVE THIS SEGMENT
                 TABLE 66 >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                 TABLE 67 >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)

10 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY (Page No. - 107)
     10.1 INTRODUCTION
             10.1.1 RESEARCH METHODOLOGY
             10.1.2 INDUSTRY INSIGHTS
                    FIGURE 29 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2020 & 2025 (USD MILLION)
                    TABLE 68 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018-2025 (UNITS)
                    TABLE 69 CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018-2025 (USD MILLION)
     10.2 <5L
             10.2.1 DEMAND FOR COMPACT CONSTRUCTION EQUIPMENT TO DRIVE THIS SEGMENT
                    TABLE 70 <5L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 71 <5L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
             10.3 5-10L
             10.3.1 WIDE APPLICATION OF 5-10L ENGINES TO DRIVE THIS SEGMENT
                    TABLE 72 5-10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 73 5-10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
     10.4 >10L
             10.4.1 DEMAND FOR HEAVY CONSTRUCTION EQUIPMENT WILL DRIVE THIS SEGMENT
                    TABLE 74 >10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 75 >10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)

11 CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION (Page No. - 113)
     11.1 INTRODUCTION
             11.1.1 RESEARCH METHODOLOGY
             11.1.2 ASSUMPTIONS/LIMITATIONS
             11.1.3 INDUSTRY INSIGHTS
                    FIGURE 30 CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2020 & 2025 (USD MILLION)
                    TABLE 76 CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018-2025 (USD MILLION)
     11.2 INFRASTRUCTURE
             11.2.1 INVESTMENTS IN INFRASTRUCTURE PROJECTS EXPECTED TO DRIVE THE DEMAND FOR CONSTRUCTION EQUIPMENT
                    TABLE 77 INFRASTRUCTURE CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
     11.3 COMMERCIAL
             11.3.1 CONSTRUCTION OF OFFICE SPACES AND MANUFACTURING UNITS TO DRIVE THIS SEGMENT
                    TABLE 78 COMMERCIAL CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
     11.4 RESIDENTIAL
             11.4.1 GROWING POPULATION AND URBAN CITY DEVELOPMENTS TO PROPEL THE USE CONSTRUCTION EQUIPMENT IN RESIDENTIAL SEGMENT
                    TABLE 79 RESIDENTIAL CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION) 117

12 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE (Page No. - 118)
     12.1 INTRODUCTION
             12.1.1 RESEARCH METHODOLOGY
             12.1.2 ASSUMPTIONS/LIMITATIONS
             12.1.3 INDUSTRY INSIGHTS
                    FIGURE 31 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2020 & 2025 (USD MILLION)
                    TABLE 80 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                    TABLE 81 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
     12.2 ELECTRIC DUMP TRUCK
             12.2.1 DEMAND FOR HYBRID DUMP TRUCKS EXPECTED TO DRIVE THIS SEGMENT
                    TABLE 82 ELECTRIC DUMP TRUCK MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 83 ELECTRIC DUMP TRUCK MARKET, BY REGION, 2018-2025 (USD MILLION)
     12.3 ELECTRIC DOZER
             12.3.1 LOWER MAINTENANCE AND IMPROVED PRODUCTIVITY DRIVE THE DEMAND FOR DOZERS
                    TABLE 84 ELECTRIC DOZER MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 85 ELECTRIC DOZER MARKET, BY REGION, 2018-2025 (USD MILLION)
     12.4 ELECTRIC EXCAVATOR
             12.4.1 DEMAND FOR MINI EXCAVATORS TO DRIVE THIS SEGMENT
                    TABLE 86 ELECTRIC EXCAVATOR MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 87 ELECTRIC EXCAVATOR MARKET, BY REGION, 2018-2025 (USD MILLION)
     12.5 ELECTRIC MOTOR GRADER
             12.5.1 ROAD CONSTRUCTION PROJECTS EXPECTED TO DRIVE DEMAND FOR MOTOR GRADER
                    TABLE 88 ELECTRIC MOTOR GRADER MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 89 ELECTRIC MOTOR GRADER MARKET, BY REGION, 2018-2025 (USD MILLION)
     12.6 ELECTRIC LOADER
             12.6.1 DEMAND FOR SKID AND COMPACT LOADERS EXPECTED TO FUEL THIS SEGMENT
                    TABLE 90 ELECTRIC LOADER MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 91 ELECTRIC LOADER MARKET, BY REGION, 2018-2025 (USD MILLION)

13 CONSTRUCTION EQUIPMENT MARKET, BY EMISSION REGULATION STAGE (Page No. - 126)
     13.1 INTRODUCTION
             13.1.1 RESEARCH METHODOLOGY
                    FIGURE 32 OFF-HIGHWAY EQUIPMENT EMISSION REGULATIONS, BY KEY COUNTRY, 2019-2030
                    TABLE 92 CONSTRUCTION EQUIPMENT MARKET, BY EMISSION REGULATION STAGE, 2018-2025 (UNITS)
     13.2 STAGE II
          TABLE 93 STAGE I/II EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES
          TABLE 94 STAGE II NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025
     13.3 STAGE III
          TABLE 95 STAGE III A/B EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES
          TABLE 96 STAGE III NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)
     13.4 STAGE III A/B
          TABLE 97 STAGE III A/B NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)
     13.5 STAGE IV
          TABLE 98 STAGE IV EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES
          TABLE 99 STAGE IV NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)
     13.6 STAGE V
          TABLE 100 STAGE V EMISSION STANDARDS FOR NON-ROAD ENGINES
          TABLE 101 STAGE V NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)
     13.7 STAGE VI
          TABLE 102 STAGE VI NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)
     13.8 TIER 4
          TABLE 103 TIER 4 EMISSION STANDARDS FOR NON-ROAD ENGINES
          TABLE 104 TIER 4 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)
     13.9 TIER 5
          TABLE 105 TIER 5 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES, BY REGION, 2018-2025 (UNITS)

14 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION (Page No. - 136)
     14.1 INTRODUCTION
             14.1.1 RESEARCH METHODOLOGY
             14.1.2 ASSUMPTIONS/LIMITATIONS
             14.1.3 INDUSTRY INSIGHTS
                    FIGURE 33 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION, 2020 & 2025 (USD MILLION)
                    TABLE 106 CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION, 2018-2025 (USD MILLION)
     14.2 INFRASTRUCTURE
             14.2.1 HIGH VALUED INFRASTRUCTURE PROJECTS EXPECTED TO DRIVE THIS SEGMENT
                    TABLE 107 INFRASTRUCTURE CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 2018-2025 (USD MILLION)
     14.3 COMMERCIAL
             14.3.1 COMMERCIAL DEVELOPMENTS TO DRIVE THE DEMAND FOR CONSTRUCTION EQUIPMENT RENTAL SERVICES
                    TABLE 108 COMMERCIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 2018-2025 (USD MILLION)
     14.4 RESIDENTIAL
             14.4.1 DEMAND TO REDUCE INITIAL INVESTMENT IN CONSTRUCTION OF RESIDENTIAL BUILDINGS WILL DRIVE RENTAL SERVICES
                    TABLE 109 RESIDENTIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 2018-2025 (USD MILLION)

15 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE (Page No. - 142)
     15.1 INTRODUCTION
             15.1.1 RESEARCH METHODOLOGY
             15.1.2 ASSUMPTIONS/LIMITATIONS
             15.1.3 INDUSTRY INSIGHTS
                    TABLE 110 AFTERTREATMENT DEVICES FOR DIFFERENT EMISSION REGULATION
                    FIGURE 34 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE, 2020 & 2025 (USD MILLION)
                    TABLE 111 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE, 2018-2025 (UNITS)
                    TABLE 112 CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE, 2018-2025 (USD MILLION)
     15.2 EXHAUST GAS RECIRCULATION (EGR)
             15.2.1 COUNTRIES WITH STAGE III EMISSION REGULATION TO DRIVE THIS SEGMENT
                    TABLE 113 EXHAUST GAS RECIRCULATION (EGR) MARKET, BY REGION, 2018-2025 (UNITS)
     TABLE 114 EXHAUST GAS RECIRCULATION (EGR) MARKET, BY REGION, 2018-2025 (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 115 DIESEL OXIDATION CATALYST (DOC) MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 116 DIESEL OXIDATION CATALYST (DOC) MARKET, BY REGION, 2018-2025 (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 117 DIESEL PARTICULATE FILTER (DPF) MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 118 DIESEL PARTICULATE FILTER (DPF) MARKET, BY REGION, 2018-2025 (USD MILLION)
     15.5 SELECTIVE CATALYTIC REDUCTION (SCR)
             15.5.1 REDUCTION OF NOX EMISSION EXPECTED TO DRIVE THE DEMAND FOR SCR
                    TABLE 119 SELECTIVE CATALYTIC REDUCTION (SCR) MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 120 SELECTIVE CATALYTIC REDUCTION (SCR) MARKET, BY REGION, 2018-2025 (USD MILLION)

16 CONSTRUCTION EQUIPMENT MARKET, BY REGION (Page No. - 150)
     16.1 INTRODUCTION
          FIGURE 35 CONSTRUCTION EQUIPMENT MARKET IN MIDDLE EAST IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2020-2025
             16.1.1 RESEARCH METHODOLOGY
             16.1.2 ASSUMPTIONS
             16.1.3 INDUSTRY INSIGHTS
                    FIGURE 36 CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020 & 2025 (USD MILLION)
                    TABLE 121 CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (UNITS)
                    TABLE 122 CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018-2025 (USD MILLION)
     16.2 ASIA
          FIGURE 37 ASIA CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
          TABLE 123 ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (UNITS)
          TABLE 124 ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
             16.2.1 CHINA
                       16.2.1.1 Heavy investment plans and market competitiveness to drive the market
                                TABLE 125 CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 126 CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.2.2 INDIA
                       16.2.2.1 Infrastructure sector to bolster the market
                                TABLE 127 INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 128 INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.2.3 JAPAN
                       16.2.3.1 Residential and commercial construction activities are projected to drive market
                                TABLE 129 JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 130 JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.2.4 INDONESIA
                       16.2.4.1 Housing and transport infrastructure investment to drive to the market
                                TABLE 131 INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 132 INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.2.5 REST OF ASIA
                       16.2.5.1 Infrastructure investments and housing projects to drive market
                                TABLE 133 REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 134 REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
     16.3 NORTH AMERICA
          FIGURE 38 NORTH AMERICA CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
          TABLE 135 NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (UNITS)
          TABLE 136 NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
             16.3.1 US
                       16.3.1.1 Strong growth of construction sector expected to drive the market
                                TABLE 137 US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 138 US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.3.2 CANADA
                       16.3.2.1 Infrastructure projects are projected to drive demand for construction equipment
                                TABLE 139 CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 140 CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.3.3 MEXICO
                       16.3.3.1 Increased construction activities expected to drive market
                                TABLE 141 MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 142 MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
     16.4 EUROPE
          FIGURE 39 EUROPE CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
          TABLE 143 EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (UNITS)
          TABLE 144 EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
             16.4.1 GERMANY
                       16.4.1.1 Increase demand for compact construction equipment to drive market in this country
                                TABLE 145 GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 146 GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.4.2 FRANCE
                       16.4.2.1 Rapid developments in metropolitan areas are expected to boost demand
                                TABLE 147 FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025, (UNITS)
                                TABLE 148 FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.4.3 UK
                       16.4.3.1 Residential construction projects to drive market
                                TABLE 149 UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 150 UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.4.4 SPAIN
                       16.4.4.1 Growing demand for residential buildings propel the market in Spain
                                TABLE 151 SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 152 SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.4.5 ITALY
                       16.4.5.1 Maintenance and renovation segment to drive the market
                                TABLE 153 ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 154 ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.4.6 REST OF EUROPE
                       16.4.6.1 The growth of construction sector expected to drive the demand
                                TABLE 155 REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 156 REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
     16.5 MIDDLE EAST
          FIGURE 40 MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2020 & 2025 (USD MILLION)
          TABLE 157 MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (UNITS)
          TABLE 158 MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
             16.5.1 QATAR
                       16.5.1.1 Foreign direct investments in construction sector to drive the market
                                TABLE 159 QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 160 QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.5.2 SAUDI ARABIA
                       16.5.2.1 Vision 2030 plan to drive demand for construction equipment
                                TABLE 161 SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 162 SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.5.3 UAE
                       16.5.3.1 Mega projects are expected to drive market
                                TABLE 163 UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 164 UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.5.4 REST OF MIDDLE EAST
                       16.5.4.1 Public-private partnerships for construction projects to drive the market
                                TABLE 165 REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 166 REST OF MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
     16.6 REST OF THE WORLD (ROW)
          FIGURE 41 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2020-2025 (USD MILLION)
          TABLE 167 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (UNITS)
          TABLE 168 ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018-2025 (USD MILLION)
             16.6.1 BRAZIL
                       16.6.1.1 Increased hotel construction projects to drive the market in Brazil
                                TABLE 169 BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 170 BRAZIL CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.6.2 RUSSIA
                       16.6.2.1 Growing construction projects expected to drive market
                                TABLE 171 RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 172 RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.6.3 SOUTH AFRICA
                       16.6.3.1 Residential and non-residential construction activities to drive market
                                TABLE 173 SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 174 SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)
             16.6.4 OTHERS
                       16.6.4.1 Infrastructure projects to drive the demand
                                TABLE 175 OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (UNITS)
                                TABLE 176 OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018-2025 (USD MILLION)

17 RECOMMENDATIONS FROM MARKETSANDMARKETS (Page No. - 208)
     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. - 210)
     18.1 KEY PLAYER STRATEGIES/RIGHT TO WIN
          FIGURE 42 NEW PRODUCT DEVELOPMENT IS THE LEADING STRATEGY ADOPTED BY CONSTRUCTION EQUIPMENT OEMS
     18.2 MARKET SHARE ANALYSIS
          FIGURE 43 CONSTRUCTION EQUIPMENT MARKET SHARE, KEY PLAYERS, 2019
     18.3 COMPANY EVALUATION MATRIX - CONSTRUCTION EQUIPMENT PLAYERS
             18.3.1 TERMINOLOGY
             18.3.2 STARS
             18.3.3 EMERGING LEADERS
             18.3.4 PERVASIVE PLAYERS
             18.3.5 PARTICIPANTS
                    FIGURE 44 CONSTRUCTION EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (2019)
     18.4 STRENGTH OF PRODUCT PORTFOLIO
          FIGURE 45 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN THE CONSTRUCTION EQUIPMENT MARKET
     18.5 BUSINESS STRATEGY EXCELLENCE
          FIGURE 46 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN THE CONSTRUCTION EQUIPMENT MARKET

19 COMPANY PROFILES (Page No. - 217)
(Business overview, Products offered, Recent developments & MnM View)*
     19.1 CATERPILLAR INC.
          FIGURE 47 CATERPILLAR INC.: COMPANY SNAPSHOT
          TABLE 177 CATERPILLAR INC.: ORGANIC DEVELOPMENTS
          TABLE 178 CATERPILLAR INC.: INORGANIC DEVELOPMENTS
     19.2 KOMATSU LTD
          FIGURE 48 KOMATSU LTD.: COMPANY SNAPSHOT
          TABLE 179 KOMATSU LTD.: ORGANIC DEVELOPMENTS
          TABLE 180 KOMATSU LTD.: INORGANIC DEVELOPMENTS
     19.3 DEERE & COMPANY
          FIGURE 49 DEERE & COMPANY: COMPANY SNAPSHOT
          TABLE 181 DEERE & COMPANY: ORGANIC DEVELOPMENTS
          TABLE 182 DEERE & COMPANY: INORGANIC DEVELOPMENTS
     19.4 HITACHI CONSTRUCTION MACHINERY CO., LTD.
          FIGURE 50 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
          TABLE 183 HITACHI CONSTRUCTION MACHINERY CO., LTD.: ORGANIC DEVELOPMENTS
          TABLE 184 HITACHI CONSTRUCTION MACHINERY CO., LTD.: INORGANIC DEVELOPMENTS
     19.5 VOLVO GROUP
          FIGURE 51 VOLVO GROUP: COMPANY SNAPSHOT
          TABLE 185 VOLVO GROUP: ORGANIC DEVELOPMENTS
          TABLE 186 VOLVO GROUP: INORGANIC DEVELOPMENTS
     19.6 CNH INDUSTRIAL
          FIGURE 52 CNH INDUSTRIAL: COMPANY SNAPSHOT
          TABLE 187 CNH INDUSTRIAL: ORGANIC DEVELOPMENTS
          TABLE 188 CNH INDUSTRIAL: INORGANIC DEVELOPMENTS
     19.7 LIEBHERR
          FIGURE 53 LIEBHERR: COMPANY SNAPSHOT
          TABLE 189 LIEBHERR: ORGANIC DEVELOPMENTS
          TABLE 190 LIEBHERR: INORGANIC DEVELOPMENTS
     19.8 XCMG
          TABLE 191 XCMG: ORGANIC DEVELOPMENTS
          TABLE 192 XCMG: INORGANIC DEVELOPMENTS
     19.9 SANY HEAVY INDUSTRY CO., LTD
          TABLE 193 SANY HEAVY INDUSTRY CO., LTD: ORGANIC DEVELOPMENTS
          TABLE 194 SANY HEAVY INDUSTRY CO., LTD: ORGANIC DEVELOPMENTS
     19.1 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.
          FIGURE 54 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.: COMPANY SNAPSHOT
          TABLE 195 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.: INORGANIC DEVELOPMENTS
     19.11 JCB
          TABLE 196 JCB: ORGANIC DEVELOPMENTS
     19.12 TEREX CORPORATION
          FIGURE 55 TEREX CORPORATION: COMPANY SNAPSHOT
          TABLE 197 TEREX CORPORATION: ORGANIC DEVELOPMENTS
     19.13 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.
          FIGURE 56 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:
          COMPANY SNAPSHOT
          TABLE 198 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:
ORGANIC DEVELOPMENTS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     19.14 ADDITIONAL CPS
             19.14.1 EUROPE
                       19.14.1.1 Atlas Copco AB
                       19.14.1.2 Sandvik Group
                       19.14.1.3 Wirtgen Group
                       19.14.1.4 Ammann
                       19.14.2 US
                       19.14.2.1 Manitowoc
                       19.14.2.2 Astec Industries
                       19.14.3 ASIA
                       19.14.3.1 Guangxi LiuGong Machinery Co., Ltd.
                       19.14.3.2 Hyundai Heavy Industries
                       19.14.3.3 Kobe Steel Ltd.
                       19.14.3.4 Sumitomo Heavy Industries

20 APPENDIX (Page No. - 259)
     20.1 CURRENCY & PRICING
          TABLE 199 CURRENCY EXCHANGE RATES (WRT PER USD)
     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 four 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 bottom-up and top-down approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate segments and subsegments' market size. 

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) off-highway associations. Secondary data was collected and analyzed to arrive at the overall market size, which is validated further 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 regions—namely, 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 primaries' findings. This, along with the in-house subject matter experts’ opinions, has led to the findings as described in the remainder of this report.

Breakdown of Primaries

Construction Equipment Market Size

To know about the assumptions considered for the study, download the pdf brochure

Note: **Others include sales, marketing, and product managers. 

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 construction equipment market, by equipment and by country, was derived by mapping different equipment's historical sales at the country-level. These data points were fetched mainly 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 construction equipment market for each equipment type. The data was validated through primary interviews with industry experts. The construction equipment market is segmented further into 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 analyzed further by the application using the top-down approach. 

Construction Equipment Market: Bottom-Up Approach

Construction Equipment Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Report Objectives

  • To define, describe, and forecast the size of the construction equipment market in terms of volume (units) and value (USD million/billion)
  • 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, and Wheeled Loader <80 Hp
    • 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 Type – Commercial, Residential, and Infrastructure
    • Power Output - <100 HP, 101–200 HP, 201–400 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
    • After Treatment 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, Middle East, and Rest of the World
  • To analyze the share of key manufacturers operating in the market
  • 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 company’s specific needs.

  • Construction equipment market, BY equipment CATEGORY & country
    • Earthmoving Equipment
    • Material Handling Equipment
    • Heavy Construction Vehicles
    • Others
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Report Code
AT 2838
Published ON
Nov, 2020
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