Albany, NY -- (SBWIRE) -- 02/14/2014 -- This report provides detailed market analysis, information, trends, issues and insights into the global earthmoving equipment market, including:
The regional and global earthmoving equipment markets growth prospects by category
Analysis of the Asia-Pacific, Middle East, North American, Latin American and European markets separately with country level data
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The global earthmoving equipment market valued US$78.7 billion in 2011, of which the Asia-Pacific market constituted a 57.8% share, making it the largest regional market for earthmoving equipment in the world. In the same year, markets in Europe and North America positioned themselves as the second and third-largest regional markets, with 22.0% and 12.4% shares respectively. The continuing economic uncertainty in Europe and sluggish growth in the US are expected to reduce the market shares of western regions.
Growing economies in Asia-Pacific, in particular China and India, are expected to increase their market shares as the rapid development of their infrastructural, industrial, residential and commercial sectors increases the demand for construction equipment. The share of European and North American markets is expected to be 18.2% and 9.8% respectively in 2016, declining from 22.0% and 12.4% in 2011, while Asia-Pacific is forecast to increase its share to 64.5% in the same year.
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This report provides a comprehensive analysis of the earthmoving equipment market globally:
Historical (2007-2011) and forecast (2012-2016) valuations of the earthmoving equipment market in Asia-Pacific, Middle East, Europe, North America, Latin America
Historical and forecast valuations for the segments of the earthmoving equipment market including Bulldozers, Excavators, Dumper Trucks, Construction Tractors, Graders and Levelers, Loaders and Scrapers
Breakdown of values at the country level (44 countries)
Analysis of key events and factors driving the earthmoving equipment market globally
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