Asia-Pacific Heavy Construction Equipment Marek Size and Share Evolution by Growth Insight, Key Development, Trends and Forecast 2030
Asia Pacific Heavy Construction Equipment Market – Overview
The Asia-Pacific Heavy Construction Equipment market size
is expected to expand globally at a CAGR of 8.45%. During the historic forecast
period in 2019, the global market was valued at a final figure of USD 77.7
billion. For the ongoing forecast period of 2022-2030
Heavy construction equipment has been proved as a backbone
for construction industry in order to save a lot of time and labour cost. There
are several equipment that serve various purpose at construction sites. Various
activities including earthmoving, material handling, transporting materials,
etc. are catered by heavy construction equipment.
High investments of construction industry in BRIC countries
are driving the growth for heavy
construction equipment market. Additionally, the need of satisfying
rising infrastructure demand by growing population will enhance the growth
prospects of heavy construction equipment market.
Key Players:
The most prominent major key players in the Asia-Pacific
Heavy Construction Equipment market all across the globe are mentioned below:
- Caterpillar,
Inc.
- Tadano
Ltd.
- Doosan
Group
- Terex
Corporation
- Hitachi
Construction Machinery
- Sany
Group
- J.C.
Bamford Excavators Limited
- Liebherr
- Komatsu
Ltd.
- John
Deere
- Kobelco
Construction Machinery
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Scope Of Asia Pacific Heavy Construction
Equipment Industry Ecosystems
|
Revenue Growth Rate (CAGR) by 2030 |
4.34% |
|
Market Growth Forecast |
2023 - 2030 |
|
Emerging Market Segments |
By Types (Earthmoving Equipment, Material Handling
Equipment, Heavy Construction Vehicles, Others (Cranes, Excavator, Dozer)),
By applications (Mining & Excavation, Earthmoving, Transportation,
Lifting, Material Handling, Others), end-users (Oil & Gas Industry,
Construction Industry, Military, Mining, Agriculture & Forestry and
Others) |
|
Market Survey Data |
Recession Impact, Pricing Analysis, Patent Analysis, Value
Chain Analysis, Policy and Regulations, Disruptions And Trends, Supply And
Demand Trends, International Competition and others. |
|
Market Opportunity & Predictions in |
Asia-Pacific |
|
Product Mapping by Regions |
Rest of America, US, Canada, Mexico, Brazil, Argentina,
Germany, UK, Russia, Italy, Rest Of Europe, China, Japan, India, South Korea,
Rest Of Asia-Pacific, Saudi Arabia, UAE, Iran, Qatar, Rest Of The Middle
East, South Africa, Nigeria, Rest Of Africa, ROW |
Industry/
Innovation/ Related News:
The key strategies followed by most companies within the
Asia Pacific Heavy Construction Equipment market are that of new product
development.
On May 2017, Volvo CE has unveiled electric compact
excavator prototype that delivers zero emission 10 times higher efficiency, 10
times lower noise levels and reduced total cost of ownership.
On September 2016, Hitachi Construction Machinery Develops
Object Detect Assist Technology for Mining Dump Trucks that will detect the
obstacle when operator are driving, stopping, or starting mining dump trucks.
In 2017, Aregger AG has partnered with Liebherr Machines
Bulle S.A (Switzerland) for providing customised demolition excavator. This
will widen their product portfolio.
In December, 2016 – JCB India launched seven new products at
Bauma ConExpo. With the launch of these products, the company positioned itself
as a full range infrastructure equipment partner. Moreover, the growing
construction industry has been the major reason behind this product launch. The
growing construction industry has resulted in growth of heavy construction
equipment market.
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Heavy Construction Equipment Market – Segmentation
The Asia Pacific Heavy Construction Equipment market is
segmented in to 3 key dynamics for the convenience of the report and enhanced
understanding;
Segmentation by Technology: Comprises Blanking, Embossing,
Flanging, Bending, Coining and Others)
Segmentation by Application: Comprises Passenger Cars,
Commercial Vehicles, Recreational Vehicles and Others
Segmentation by Regions: Comprises Geographical regions –
North America, Europe, APAC and Rest of the World.
Heavy Construction Equipment Market: Regional Analysis
Asia Pacific region is expected to be the largest market in
heavy construction equipment due to prospective growth in China which is
followed by India, Japan, Singapore and other countries. In recent years, the
demand for the construction equipment has been increasing with increasing speed
as standard of living of people are increasing, disposable income are
increasing, infrastructure is developing and most important people want their
own house is forcing the heavy construction equipment market. Various economic
factor that have led to the growth of the market are demand of heavy
construction equipment. Government is taking initiative for various services
like education, healthcare, public transport, infrastructure and other
facilities are also helping the market to grow.
Some of the Key Evaluation Pointers of Asia Pacific
Heavy Construction Equipment Market Report Data 2023:
- Emerging
Markets
- Developed
Markets
- Market
Growth Forecast
- Market
Entry Strategies
- Emerging
Markets Outlook
- Market
Survey Data
- Vendor
Share Research
- Vendor
Strategies
- Vendor
Assessment
- Market
Share By Company
- Regional
Footprint
- Market
Regional Statistics
- Market
Share Data
- Market
Share By Region
- Market
Regional Expansion
- Market
Regional Assessment
- Export,
Import Data, And Market Share
- Volume/Value,
Future Growth Potential
- Long
Term (~10 Years) Price Outlook
- Future
Business Outlook and many more.
Continue...
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