30 likes | 52 Views
Earth moving equipment is a heavy equipment designed for construction operations. Global earth moving equipment market is projected to exhibit CAGR of 7.7% in the forecast period (2018 – 2026). Increasing growth of the construction industry is one of the major driving factors, leading to high demand for earth moving equipment, globally. According to Chartered Institute of Building, by 2030, the construction industry is expected to account for 14.7% of the global GDP. Moreover, by 2030, the global construction market is projected to be valued at US$ 17.5 trillion up from US$ 8 trillion in 2015.
E N D
Earth Moving Equipment Market - Size, Share, Emerging Trends, Outlook, and Opportunity Analysis, 2018 – 2026 Earth Moving Equipment Market Report, By Product Type (Excavators, Loaders, Dozers, and Others), By Application (Construction and Mining), and by Geography - Global Forecast to 2026 Earth Moving Equipment is a heavy equipment designed for construction operations. Global earth moving equipment market is projected to exhibit CAGR of 7.7% in the forecast period (2018 – 2026). Increasing growth of the construction industry is one of the major driving factors, leading to high demand for earth moving equipment, globally. According to Chartered Institute of Building, by 2030, the construction industry is expected to account for 14.7% of the global GDP. Moreover, by 2030, the global construction market is projected to be valued at US$ 17.5 trillion up from US$ 8 trillion in 2015. Furthermore, increasing urban population is also a major factor, which has led to high demand for better infrastructure, thus aiding in growth of the construction industry. Download PDF Brochure on Earth Moving Equipment Market Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/1869 This, in turn is expected to positively affect growth of the earth moving equipment market. According to Population Reference Bureau, in 2017 the world population was 7,536 million, of which 54% of the population lived in urban areas, which is around 4,069 million. Moreover, according to the same source, in 2017, 78% of the developed countries population lives in urban area and 49% population of emerging countries lives in the urban area. In addition, the high cost of equipment is a major factor which hinders the market growth. The ‘Earth Moving Equipment Market Research Report 2018-2026’ is an efficient and detailed study on the present situation by focusing on the global market. Study report offers key statistical information on the market situation of the manufacturers and is a beneficial source of advice and guidance for companies and persons involved in the industry. At the start, the study report offers a basic outlook of the industry containing its introduction, applications, and manufacturing technology. Also, the report scrutinizes the international key market players in-depth.
Market Dynamics Increasing mining industry in North America is one of the major driving factors for growth of the earth moving equipment market in this region. The U.S. held the second-largest position in the global mining production. According to World Mining Congress, the U.S. held a share of 11.5% of the global mining production in 2016. In addition to this, According to World Mining Congress, in 2016, the North America region produced 2.4 billion metric tons mineral raw material up from 2.3 billion metric ton in 2010. Hence, this increasing production of mining have raised demand for earth moving equipment in this region. Furthermore, increasing construction industry in North America region has also accelerated demand for earth moving equipment market in this region. For instance, according to Coherent Market Insights’ analysis, in 2016 the spending for new residential construction was US$ 464 billion and is expected to reach US$ 571 billion by 2021. Hence, this increasing construction spending in the U.S. is expected to aid in growth of the market over the forecast period. Key Vendors of Earth Moving Equipment: Major players operating in the global earth moving equipment market include Caterpillar Inc., CNH Industrial N.V., Doosan Infracore Ltd., Hitachi Construction Machinery Co. Ltd., JCB Ltd., Komatsu Ltd., Liebherr AG, Sany Heavy Equipment International Holdings Co. Ltd, Terex Corporation, and Volvo Construction Equipment. Browse more about the Earth Moving Equipment Market Study: https://www.coherentmarketinsights.com/market-insight/earth-moving-equipment-market-1869 Report includes chapters which deeply display the following deliverable about industry: • Earth Moving Equipment Market Research Objective and Assumption • Earth Moving Equipment Market Preview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Earth Moving Equipment Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Earth Moving Equipment Market, By Regions • Earth Moving Equipment Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Earth Moving Equipment Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Earth Moving Equipment Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change. • Earth Moving Equipment Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion. Table of Contents of Earth Moving Equipment Market Report: 1. Research Objective and assumption 2. Market Purview 3. Market Dynamics, Regulations, and Trends Analysis 4. Earth Moving Equipment Market, By Advanced Water Meters, 2018 - 2026 (USD Million) 5. Earth Moving Equipment Market, By Service, 2018 - 2026 (USD Million) 6. Earth Moving Equipment Market, By Solution, 2018 - 2026 (USD Million) 7. Earth Moving Equipment Market, By Regions, 2018 - 2026 (USD Million) 8. Competitive Landscape Ask for Discount before Buying: https://www.coherentmarketinsights.com/insight/request-discount/1869 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com