ID: MRFR/IA - E/0211-HCR | February 2021 | Region: Asia-Pacific | 200 pages
Asia-Pacific Heavy Construction Equipment Market is expected to register the CAGR of more than 8.2% during the forecast period.
The Market research future provides a detailed analysis of 10 years forecast of Heavy Construction Equipment market research between 2011 and 2021 Heavy construction equipment’s are those products of engineering which helps to reduce the manpower and increase the efficiency of the project and it also helps to reduce the time limit. These products have huge demand on global scale but when it comes to Asia Pacifica it holds more than 50% of market share. In terms of figures it has been identified that heavy construction equipment market will reach to more than $100 billion by the year 2020, thus it opens the immense opportunities for those companies which is planning to take entry in this segment.
APAC Heavy construction equipment market has been seen a prospective growth in China followed by India, Japan, Singapore and other countries. In recent years demand for 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. Economic growth of these regions is also playing very important role in the 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. Moving ahead, the report offers comprehensive analysis of industry overview of Heavy Construction Equipment which includes market drivers, restrains, opportunities, burning issues, winning imperatives in APAC regions. Nextly, the report covers geographical analysis of APAC region where countries includes China, India, Japan and others. Furthermore, the report has been segmented on the basis of Types (Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Others (Cranes, Excavator, Dozer)), Applications (Mining & Excavation, Earthmoving, Transportation, Lifting, Material Handling, Others), &end users (Oil & Gas Industry, Construction Industry, Military, Mining, Agriculture & Forestry and Others)
The Heavy Construction Equipment market research report provides detail analysis of market in terms of value market. The report also gives the future outlook of the market till 2021. Moreover, on whole region as well as market share in different countries. Lastly, the report provides company profiles of major players in the market.
Volvo Construction Equipment, Hitachi Construction Machinery Co., Ltd., Caterpillar Inc., J.C. Bamford Excavators Limited (JCB), Doosan Heavy Industries & Construction, Komatsu Ltd., Liebherr group, Kobe Steel, Ltd. (Kobelco), CNH Industrial, Atlas Copco and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Asia Pacific heavy construction equipment market.
To calculate Heavy construction equipment market size we have considered top players in the market and to offer accuracy, our research is supported by industry experts who offer insight on industry structure and technology assessment, competitive landscape, penetration, emerging products and trends. Their analysis is based(80 to 85%)on primary&(15 to 20%) on secondary research as well as years of professional expertise in their respective industries. In addition to analyze current and historical trends, our analysts predict where the market is headed over the next five to ten years. It varies by segment for these categories geographically presented in the list of market tables. Top-down and bottom-up are important strategies of processing the information and knowledge ordering, used in a variety of fields including humanistic, software and scientific theories and management and organization. In practice, they can be seen as a style of thinking, teaching, or leadership.
Speaking about this particular report we have conducted primary surveys(interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Scope of the Report
This market research report covers the APAC heavy construction equipment market research report on the basis of types, application, end-users and country analysis
On the basis of types
On the basis of applications
On the basis of end users
|Market Size||2020: USD 100 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Types , Applications and End-users|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Volvo Construction Equipment, Caterpillar Inc., J.C. Bamford Excavators Limited (JCB), Hitachi Construction Machinery Co., Ltd., Komatsu Ltd., Doosan Heavy Industries & Construction, Liebherr group, CNH Industrial, Kobe Steel, Ltd. (Kobelco), and Atlas Copco.|
|Key Market Opportunities||Government initiatives for various services like education, healthcare, public transport, infrastructure and other facilities|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The type-based segments of the Asia-Pacific heavy construction equipment market are earthmoving equipment, heavy construction vehicles, material handling equipment, and others.
The segments based on application are mining & excavation, material handling, transportation, earthmoving, lifting, and others.
The Asia-Pacific heavy construction equipment market is anticipated to mark 8.2% CAGR.
The prominent players of the Asia-Pacific heavy construction equipment market are Volvo Construction Equipment, Caterpillar Inc., J.C. Bamford Excavators Limited (JCB), Hitachi Construction Machinery Co., Ltd., Komatsu Ltd., Doosan Heavy Industries & Construction, Liebherr group, CNH Industrial, Kobe Steel, Ltd. (Kobelco), and Atlas Copco.
The end-user segments of the Asia-Pacific heavy construction equipment market are mining, agriculture & forestry, construction industry, oil & gas industry, military, and others.