Heavy Construction Equipment Market Research Report - Global Forecast 2030

重建設機械市場調査レポート:タイプ別の情報(土木機器、マテリアルハンドリング機器、重建設車両およびその他の重建設機器)、アプリケーション別(インフラ、商業ビル、住宅)、エンドユーザー別(石油およびガス産業、建設業、軍事、鉱業)-2030年までの予測

ID: MRFR/CO/0210-CR | July 2020 | Region: Global | 125 Pages         

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining Power of Buyers

3.1.3 Threat of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

5 Global Heavy Construction Equipment Market, by Type

5.1 Introduction

5.2 Earthmoving Equipment

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast, by Region, 2020-2027

5.3 Material Handling Equipment

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast, by Region, 2020-2027

5.4 Heavy Construction Vehicles

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast, by Region, 2020-2027

5.5 Others Heavy Construction Equipment

5.5.1 Market Estimates & Forecast, 2020-2027

5.5.2 Market Estimates & Forecast, by Region, 2020-2027

6 Global Heavy Construction Equipment Market, by Application

6.1 Introduction

6.2 Infrastructure

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Region, 2020-2027

6.3 Commercial Buildings

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Region, 2020-2027

6.4 Residential Buildings

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Region, 2020-2027

7 Global Heavy Construction Equipment Market, by End-User

7.1 Introduction

7.2 Oil & Gas Industry

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Region, 2020-2027

7.3 Construction Industry

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Region, 2020-2027

7.4 Military

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Region, 2020-2027

7.5 Mining

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast, by Region, 2020-2027

8 Global Heavy Construction Equipment Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.3 Market Estimates & Forecast, by Application, 2020-2027

8.2.4 Market Estimates & Forecast, by End-User, 2020-2027

8.2.5 US

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.2.5.4 Market Estimates & Forecast, by End-User, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.2.6.4 Market Estimates & Forecast, by End-User, 2020-2027

8.2.7 Mexico

8.2.7.1 Market Estimates & Forecast, 2020-2027

8.2.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.2.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.2.7.4 Market Estimates & Forecast, by End-User, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.4 Market Estimates & Forecast, by End-User, 2020-2027

8.3.5 UK

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.5.4 Market Estimates & Forecast, by End-User, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.6.4 Market Estimates & Forecast, by End-User, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.7.4 Market Estimates & Forecast, by End-User, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.8.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.8.4 Market Estimates & Forecast, by End-User, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast, by Type, 2020-2027

8.3.9.3 Market Estimates & Forecast, by Application, 2020-2027

8.3.9.4 Market Estimates & Forecast, by End-User, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.4 Market Estimates & Forecast, by End-User, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.5.4 Market Estimates & Forecast, by End-User, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.6.4 Market Estimates & Forecast, by End-User, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.7.4 Market Estimates & Forecast, by End-User, 2020-2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.4.8.3 Market Estimates & Forecast, by Application, 2020-2027

8.4.8.4 Market Estimates & Forecast, by End-User, 2020-2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.4 Market Estimates & Forecast, by End-User, 2020-2027

8.5.5 Saudi Arabia

8.5.5.1 Market Estimates & Forecast, 2020-2027

8.5.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.5.4 Market Estimates & Forecast, by End-User, 2020-2027

8.5.6 UAE

8.5.6.1 Market Estimates & Forecast, 2020-2027

8.5.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.6.4 Market Estimates & Forecast, by End-User, 2020-2027

8.5.7 South Africa

8.5.7.1 Market Estimates & Forecast, 2020-2027

8.5.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.7.4 Market Estimates & Forecast, by End-User, 2020-2027

8.5.8 Rest of the Middle East & Africa

8.5.8.1 Market Estimates & Forecast, 2020-2027

8.5.8.2 Market Estimates & Forecast, by Type, 2020-2027

8.5.8.3 Market Estimates & Forecast, by Application, 2020-2027

8.5.8.4 Market Estimates & Forecast, by End-User, 2020-2027

8.6 South America

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.4 Market Estimates & Forecast, by End-User, 2020-2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020-2027

8.6.5.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.5.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.5.4 Market Estimates & Forecast, by End-User, 2020-2027

8.6.6 Brazil

8.6.6.1 Market Estimates & Forecast, 2020-2027

8.6.6.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.6.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.6.4 Market Estimates & Forecast, by End-User, 2020-2027

8.6.7 Rest of South America

8.6.7.1 Market Estimates & Forecast, 2020-2027

8.6.7.2 Market Estimates & Forecast, by Type, 2020-2027

8.6.7.3 Market Estimates & Forecast, by Application, 2020-2027

8.6.7.4 Market Estimates & Forecast, by End-User, 2020-2027

9 Competitive Landscape

10 Company Profile

10.1 CNH GLOBAL NV

10.1.1 Company Overview

10.1.2 Products/Services Offered

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Key Strategies

10.1.6 SWOT Analysis

10.2 CATERPILLAR

10.2.1 Company Overview

10.2.2 Products/Services Offered

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Key Strategies

10.2.6 SWOT Analysis

10.3 DOOSAN INFRACORE LTD

10.3.1 Company Overview

10.3.2 Products/Services Offered

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Key Strategies

10.3.6 SWOT Analysis

10.4 HITACHI CONSTRUCTION MACHINERY CO. LTD (HCM)

10.4.1 Company Overview

10.4.2 Products/Services Offered

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Key Strategies

10.4.6 SWOT Analysis

10.5 JCB

10.5.1 Company Overview

10.5.2 Products/Services Offered

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Key Strategies

10.5.6 SWOT Analysis

10.6 HYUNDAI HEAVY INDUSTRIES LTD

10.6.1 Company Overview

10.6.2 Products/Services Offered

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Key Strategies

10.6.6 SWOT Analysis

10.7 JOHN DEERE & CO

10.7.1 Company Overview

10.7.2 Products/Services Offered

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Key Strategies

10.7.6 SWOT Analysis

10.8 KOBELCO CONSTRUCTION MACHINERY CO. LTD

10.8.1 Company Overview

10.8.2 Products/Services Offered

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Key Strategies

10.8.6 SWOT Analysis

10.9 LIEBHERR-INTERNATIONAL AG

10.9.1 Company Overview

10.9.2 Products/Services Offered

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Key Strategies

10.9.6 SWOT Analysis

10.10 KOMATSU LTD

10.10.1 Company Overview

10.10.2 Products/Services Offered

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Key Strategies

10.10.6 SWOT Analysis

11 List of Tables

Table 1 Global Heavy Construction Equipment Market, by Region, 2020-2027

Table 2 North America: Global Heavy Construction Equipment Market, by Country, 2020-2027

Table 3 Europe: Global Heavy Construction Equipment Market, by Country, 2020-2027

Table 4 Asia-Pacific: Global Heavy Construction Equipment Market, by Country, 2020-2027

Table 5 Middle East & Africa: Global Heavy Construction Equipment Market, by Country, 2020-2027

Table 6 South America: Global Heavy Construction Equipment Market, by Country, 2020-2027

Table 7 Global Heavy Construction Equipment Market, by Type, by Region, 2020-2027

Table 8 North America: Global Heavy Construction Equipment Market, by Type, by Country,

Table 9 Europe: Global Heavy Construction Equipment Market, by Type, by Country, 2020-2027

Table 10 Asia-Pacific: Global Heavy Construction Equipment Market, by Type, by Country,

Table 11 Middle East & Africa: Global Heavy Construction Equipment Market, by Type, by Country, 2020-2027

Table 12 South America: Global Heavy Construction Equipment Market, by Type, by Country, 2020-2027

Table 13 Global Heavy Construction Equipment Market, by Application, by Region, 2020-2027

Table 14 North America: Global Heavy Construction Equipment Market, by Application, by Country, 2020-2027

Table 15 Europe: Global Heavy Construction Equipment Market, by Application, by Country, 2020-2027

Table 16 Asia-Pacific: Global Heavy Construction Equipment Market by Application, by Country, 2020-2027

Table 17 Middle East & Africa: Global Heavy Construction Equipment Market by Application, by Country, 2020-2027

Table 18 South America: Global Heavy Construction Equipment Market by Application, by Country, 2020-2027

Table 13 Global Heavy Construction Equipment Market, by End-User, by Region, 2020-2027

Table 14 North America: Global Heavy Construction Equipment Market, by End-User, by Country, 2020-2027

Table 15 Europe: Global Heavy Construction Equipment Market, by End-User, by Country, 2020-2027

Table 16 Asia-Pacific: Global Heavy Construction Equipment Market by End-User, by Country, 2020-2027

Table 17 Middle East & Africa: Global Heavy Construction Equipment Market by End-User, by Country, 2020-2027

Table 18 South America: Global Heavy Construction Equipment Market by End-User, by Country, 2020-2027

Table 19 Global Heavy Construction Equipment Market, by Region, 2020-2027

Table 20 Global Heavy Construction Equipment Market, by Type, 2020-2027

Table 21 Global Heavy Construction Equipment Market, by Application, 2020-2027

Table 21 Global Heavy Construction Equipment Market, by End-User, 2020-2027

Table 22 North America: Heavy Construction Equipment Market, by Country

Table 23 North America: Heavy Construction Equipment Market, by Type

Table 24 North America: Heavy Construction Equipment Market, by Application

Table 24 North America: Heavy Construction Equipment Market, by End-User

Table 25 Europe: Heavy Construction Equipment Market, by Country

Table 26 Europe: Heavy Construction Equipment Market, by Type

Table 26 Europe: Heavy Construction Equipment Market, by Application

Table 27 Europe: Heavy Construction Equipment Market, by End-User

Table 28 Asia-Pacific: Heavy Construction Equipment Market, by Country

Table 29 Asia-Pacific: Heavy Construction Equipment Market, by Type

Table 29 Asia-Pacific: Heavy Construction Equipment Market, by Application

Table 30 Asia-Pacific: Heavy Construction Equipment Market, by End-User

Table 31 Middle East & Africa: Heavy Construction Equipment Market, by Country

Table 32 Middle East & Africa: Heavy Construction Equipment Market, by Type

Table 32 Middle East & Africa: Heavy Construction Equipment Market, by Application

Table 33 Middle East & Africa: Heavy Construction Equipment Market, by End-User

Table 34 South America: Heavy Construction Equipment Market, by Country

Table 35 South America: Heavy Construction Equipment Market, by Type

Table 35 South America: Heavy Construction Equipment Market, by Application

Table 36 South America: Heavy Construction Equipment Market, by End-User

12 List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Heavy Construction Equipment Market Share, by Type, 2020 (%)

Figure 9 Global Heavy Construction Equipment Market, by Type, 2020-2027 (USD Million)

Figure 11 Global Heavy Construction Equipment Market Share, by Application, 2020-2027 (USD Million)

Figure 9 Global Heavy Construction Equipment Market, by Application, 2020-2027 (USD Million)

Figure 11 Global Heavy Construction Equipment Market Share, by End-User, 2020-2027 (USD Million)

Figure 9 Global Heavy Construction Equipment Market, by End-User, 2020-2027 (USD Million)

Figure 13 Global Heavy Construction Equipment Market Share (%), by Region, 2020

Figure 14 Global Heavy Construction Equipment Market, by Region, 2020-2027 (USD Million)

Figure 15 North America: Global Heavy Construction Equipment Market Share (%), 2020

Figure 16 North America: Global Heavy Construction Equipment Market by Country, 2020-2027 (USD Million)

Figure 17 Europe: Global Heavy Construction Equipment Market Share (%), 2020

Figure 18 Europe: Global Heavy Construction Equipment Market, by Country, 2020-2027 (USD Million)

Figure 19 Asia-Pacific: Global Heavy Construction Equipment Market Share (%), 2020

Figure 20 Asia-Pacific: Global Heavy Construction Equipment Market, by Country, 2020-2027 (USD Million)

Figure 21 Middle East & Africa: Global Heavy Construction Equipment Market Share (%), 2020

Figure 22 Middle East & Africa: Global Heavy Construction Equipment Market, by Country, 2020-2027

Figure 23 South America: Global Heavy Construction Equipment Market Share (%), 2020

Figure 24 South America: Global Heavy Construction Equipment Market, by Country, 2020-2027 (USD Million)

世界の重工業機器市場

重建設機械市場は2030年までに3,46.36億米ドルの価値があると予測されており、予測期間(2022年から2030年)に7.5%のCAGRを記録します。市場は2021年に1,942億米ドルと評価されました。

セグメンテーション

タイプ別 Earthmoving Equipment Material Handling Equipment Heavy Construction Vehicles
アプリケーション別 Infrastructure Commercial Buildings Residential Buildings
By End User Oil & Gas Industry Construction Industry Military And Mining

キープレーヤー

  • Hitachi Machinery Construction (Japan)
  • CNH (U.K.)
  • Liebherr AG (Switzerland)
  • Caterpillar Inc. (U.S.)
  • Hyundai Heavy Industries (South Korea)
  • Doosan Infracoe (South Korea)
  • Kobelco Construction Machinery
  • John Deere(U.S.)
  • Komatsu (Japan)
  • JCB (U.K.)

運転手

  • Increasing number of heavy construction equipment rentals and service industry across the globe
  • Rising urbanization
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重建設機械市場の概要:


重建設機械市場は2030年までに3,46.36億米ドルの価値があると予測されており、予測期間(2022年から2030年)に7.5%のCAGRを記録します。市場は1,942億米ドルと評価されました2021年に。


重建設機械市場の概要:



建設および製造手順におけるインフラストラクチャと自動化技術に対する需要の高まり建設機械産業全体の成長に大きな影響を与えていました。さらに、開発途上国は道路や都市の開発に注力していました。さらに、先進国は、排出量を最小限に抑える環境関連の規制にも準拠する費用対効果の高い機械を利用する傾向がありました。このような要因により、近年、建設機械の市場価値が高まっています。従来の機械式車両は、運転と燃料の面でより効率的な電気自動車やハイブリッド車にますます置き換えられています。



しかし、反対側では、建設機械のレンタルとリースが世界中で増加していました。所有コストは上昇していました。重い建設機械を借りることで、熟練した専門家のメンテナンスと要件が効果的に排除されました。このような要因により、世界中で建設機械のレンタル数が増加しています。重建設機械のレンタルおよびサービス会社の増加は、最近の重建設機械業界の全体的な成長に大きな影響を与えています。



COVID19 分析:



COVID 19の蔓延は、世界中の建設業界に大きな影響を与え、いくつかのマイナスの影響を与えています。パンデミックの影響は、建設業界を含むいくつかの業界で見られました。いくつかの製造業と電子機器メーカーが主要な産業手順を削減または停止したため、重建設機械産業に関連する開発と製造が影響を受けました。さらに、重建設機械の製造に必要な原材料の入手不能は、ロジスティクスに課せられた制限のために製造垂直に出荷されませんでした。このような要因により、世界中の重建設機械の市場価値が低下しています。



市場動態:



市場ドライバー:



世界中の重建設機械のレンタルとサービス産業の増加により、建設機械を所有する以外に重い建設機械を借りることに関連する利益は、近年のレンタルおよびサービス会社の成長につながっています。さらに、これらの企業は、近年、進歩する技術で機器シリーズを更新することがますます増えています。このような要因が、建設機械産業全体の成長を後押ししています。



いくつかの開発技術の出現により、デジタル化、自動化、接続性が大幅に向上しました建設機械業界の全体的な成長に影響を与えます。建設および建設活動に対する需要の高まりと、潜在的な地域全体での鉱業探査の増加も、重建設機械業界の全体的な成長を推進しています。



市場機会:



民間および不動産セクターの関与の増加は、好調な経済と組み合わされています条件は、重建設機械業界の全体的な成長にとって好ましい条件です。さらに、住宅および商業インフラの開発に対する需要の高まりは、重建設機械市場の成長に有利な機会をもたらしています。



公共インフラ開発の成長のための政府機関からのイニシアチブの増加近年、建設機械産業全体の成長に有利な機会がもたらされています。たとえば、インド政府は、道路開発、線路の開発、および重建設機械の利用を必要とするその他のインフラ開発活動にますます投資しています。



市場の制約:




Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 346.36 Billion
  CAGR   7.5% CAGR (2022 to 2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Application, End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Hitachi Machinery Construction (Japan), CNH (U.K.), Liebherr AG (Switzerland), Caterpillar Inc. (U.S.), Hyundai Heavy Industries (South Korea), Doosan Infracoe (South Korea), Kobelco Construction Machinery Ltd. (U.S.), John Deere & Co. (U.S.), Komatsu (Japan), and JCB (U.K.)
  Key Market Opportunities   Renting/Leasing of Equipment
  Key Market Drivers

  • Rising urbanization
  • Increasing large-scale investments


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    Frequently Asked Questions (FAQ) :

    • John Deere • Hitachi Construction Machinery, Co., Ltd. • Komatsu Ltd. • Liebherr • Caterpillar Inc. • Hyundai Doosan Infracore • JCB

    • Infrastructure • Construction • Mining • Oil and gas • Manufacturing • Forestry • Agriculture

    Heavy Construction Equipment Market is projected to be worth USD 346.36 Billion by 2030, registering a CAGR of 7.5% during the forecast period (2022 - 2030), The market was valued at USD 194.20 billion in 2021.

    • Excavators • Loaders • Backhoe loaders • Motor graders