Construction Equipment Market Research and Forecast Report 2023-2028

1. Global Construction Equipment Market Research and Forecast Report 2023- 2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Construction Equipment Market Research Report: The latest report by IMARC, titled “Construction Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global construction equipment market size reached US$ 182.0 Billion in 2022. Construction equipment, also known as heavy equipment, is designed to perform construction-related activities. It includes pavers, scrapers, generators, pile drivers, concrete mixers, off-highway haulers and trucks, and compactors and rollers. Construction equipment is used toperform different functions such as hauling, drilling, paving, grading,excavating, and digging. Presently, several players are focusing on improving the fuel consumption of construction equipment owing to several environmental concerns and the increasing need for energy conservation. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/construction-equipment-

4. Report Description and Highlights Report Description Global Construction Equipment Market Trends: The market is primarily driven by the increasingnumber of construction and housing projects and commercial infrastructure due to rapid urbanization and population growth. Besides this, the risingautomation in construction processes due to the scarcity of skilled labor and growing emphasis on minimizing overall cost and time for project completion is positively influencing the market growth.In addition, the outbreak of coronavirus disease (COVID-19) has significantly impacted the construction industry. This can be attributed to the imposition of lockdown restrictions in several countries and the implementation of social distancing practices to prevent the spread of the virus. With the gradual removal of these restrictions, construction projects have resumed worldwide, which is expected to propel the market growth. Furthermore, key players in the market are introducing eco-friendly equipment to meet stringent guidelines on noise emissions. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.2% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Solution Type: • Products • Services Equipment Type Insights: • Heavy Construction Equipment • Compact Construction Equipment Type Insights: • Loader • Cranes • Forklift • Excavator • Dozers • Others Application Insights: • Excavation and Mining

6. Report Description and Highlights Report Description • Lifting and Material Handling • Earth Moving • Transportation • Others Industry Insights: • Oil and Gas • Construction and Infrastructure • Manufacturing • Mining • Others Regional Insights: • North America • United States • Canada • Asia-Pacific • China • Japan • India

7. Report Description and Highlights Report Description • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • AB Volvo Caterpillar Inc. CNH Industrial N.V. Deere & Company Doosan Infracore Hitachi Construction Machinery Komatsu Ltd. Liebherr-International AG View Full Report with TOC & List of Figure: https://www.imarcgroup.com/construction-equipment- market

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10. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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