Bharat Book Bureau Provides the Treding Market Research Report on "Global Construction Equipment Market Outlook, 2025" under Heavy Industry Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

The Construction Equipment Market has been a vital part of the economy globally. These equipments not only helps in decreasing the time involved in the process, but also increases the efficiency of the process with less human intervention. Undoubtedly, these equipments are the most capital-intensive investments by the company. Yet, the construction companies are investing heavily in these equipments, in order to control the indirect cost in the long run.

The overall global construction market was recorded at USD 110.67 Billion in the year 2014, owing to the increasing demand for the infrastructural construction worldwide.

According to Report titled 'Global Construction Equipment Market Outlook, 2025'; the need for abrupt and flawless constructions has propelled the demand in the construction equipment market across the world. The report throws a light on various trends and the technological advancement in the market of construction machineries, which has influenced the sales of the equipment over the years. The higher productivity with an optimum fuel usage is the prime factor that the customer looks for in such construction support equipments, as the investment made behind such purchase are high.

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The dominating earthmoving machinery sector is expected to show a decline in the market share by the forecasted period, while the road construction equipment is expected to show a growth of more than 7%. While the developed countries are expected to increase in demand for the material handling machineries, the economically backward governments are to shift their concentration towards road transportation development, which would be a great support the economic boost.

The pandemic is likely to leave the economic shaken and resulting into a fall of construction and the real estate industry. Moreover, the industry has been facing a shortage of skilled labours over the past few years. As the existing labour force is retiring due to the age factor, the industry is in struggle to fill up the positions. Even though these machineries are designed to meet the labour shortage, the operators need to be technically skilled enough to handle them.

In terms of regions, Asia has been the undefeated lead, with more than 35% of the market share. Historically, North America held the second position, which is likely to show a decrease in the share up to an extent of creating possibility of Europe taking over the position post the forecasted period. The smaller regions of Latin America and Middle East & African countries are likely to show an increase in the market share. Understanding the fact that an efficient road transport system is a pre-requisite for sustained economic development, the governments have taken in to consideration about mending the poor quality roads, giving more scope for the segment equipments to grow. On the other hand, the vertical expansion in constructions is to let the material handling machinery segment cover a market of more than 20%.

MAJOR COMPANIES PRESENT IN THE MARKET
Caperpillar, Doosan, Epiroc, Hitachi Constructions, JCB, John Deere, Kobelco, Komatsu, Kubota, Liebherr, Metso, Sandvik Mining And Rock Technology, Sany, Terex, Volvo Construction Equipment, Zoomlion

CONSIDERED IN THE REPORT
• Geography: World Wide
• Base year: 2018-19
• Historical year: 2013-14
• Estimated year: 2019-20
• Forecasted year: 2024-25

REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Browse our full report with Table of content:
https://www.bharatbook.com/marketreports/global-construction-equipment-market-outlook-2025/2230901

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