In construction equipment market has many type of equipment are includes excavators, loaders, construction tractors, graders, rollers, scrapers, conveyors, cranes, compactors, and pavers. This report covers the market landscape and its growth prospects over the coming years.
Pune, Maharastra -- (SBWIRE) -- 01/27/2016 -- Construction equipment is used to perform multiple tasks on the construction site such as hoisting, excavating, hauling, paving, grading, and drilling. Construction equipment has many uses in the building and realty sector. The analysts forecast global construction equipment market to grow at a CAGR of 11.55% during the period 2016-2020.
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This report covers the present scenario and the growth prospects of the global construction equipment market for 2016-2020. To calculate the market size, we have considered the revenue generated by the sale of construction equipment worldwide. Also, as part of the scope for the report, we have considered the end use of construction equipment in the infrastructure and residential construction sectors only. Based on geography, the report is segmented as follows: Americas, APAC, Europe, the Middle East, and Africa (EMEA)
This report, Global Construction Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market.
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Key vendors - Caterpillar, Deere, Komatsu, Terex, Volvo
Other prominent vendors - CNH Industrial, Doosan Infracore, Manitou Americas, Guangxi , Liugong Machinery, Hidromek, JCB, Guangxi Liugong Machinery, Lonking Holdings, Sany , eavy Industry, Shantui Construction Machinery, Sumitomo Heavy Industries, XCMG, Xiamen XGMA Machinery
Market driver - Growth in high-rise building construction
Market challenge - Ability to meet changing customer demands and expectations
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Market trend - Increased demand for energy-efficient construction equipment
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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