Heavy Construction Equipment Market to Create Business Opportunities Worth $90.4 Billion By 2025 “The global heavy construction equipment market size is anticipated to reach USD 90.4 billion by the end of 2025. It is anticipated to register growth with a CAGR of 5.4% during the forecasted period, 2017 to 2025. This growth can be associated with increasing number of construction activities across the globe.”
Global Heavy construction equipment Market report delivers future development strategies, key companies, Possibility of competition, major challenges analysis. The reports elaborate the expansion rate of the Heavy construction equipment market supported the highest company profile analysis. This report providing an in-depth analysis, market size, and evaluation for the developing segment among the industry. Heavy construction equipment Market report will help you take expert decisions, recognize opportunities, plan effective professional tactics, plan new schemes, analyse drivers and restraints and give you a vision on the Heavy construction equipment Market forecast. The Heavy construction equipment Market report discusses the primary industry growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. It also talks about the market size of different segments and their growth aspects along with key leading countries in Americas, AsiaPacific, Europe, the Middle East, and Africa regions. The global heavy construction equipment market size is anticipated to reach USD 90.4 billion by the end of 2025. It is anticipated to register growth with a CAGR of 5.4% during the forecasted period, 2017 to 2025. This growth can be associated with increasing number of construction activities across the globe. Moreover, the steady investment being made for infrastructure development across the urban cities is expected to further fuel up the market growth in the upcoming years. The earthmoving machinery held the largest share across the global market and is expected to continue its dominance over the forecasted period due to rising focus of governments to improve infrastructure facilities. In 2016,the segment of concrete and road machinery held a share of 18.9% across the global market.
Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-heavy-construction-equipment-market/request-sample
The infrastructure application segment held the largest share of 49.9% across the global market in 2016 due to rising urbanization across the globe coupled with surging demand for excellent transportation systems. On the other hand, the real estate segment is anticipated to register the fastest growth with a CAGR of 6.3% during the forecasted period, due to the emerging concept of affordable housing. Asia Pacific is expected to dominate the heavy construction equipment market with surging share from 39.4% from 2016 to 43.9% until 2025 owing to increasing construction activities across developing countries like China and India. Central and South Americais anticipated to witness the significant growth from 2017 to 2025 owing to huge investments being made for the roadway construction. The market for heavy construction equipment includes key players such as Komatsu Ltd., Caterpillar, SANY Group, Doosan Bobcat, and AB Volvo. They are engaged in product development, innovation, mergers, acquisitions, and creating joint ventures with other players to improve their market reach and to widen their product portfolio. For example, the Uralmash Machine-Building Corporation established a joint venture with SRB Group.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-heavy-construction-equipment-market
Further key findings from the report suggest: • The earthmoving machinery held the largest share across the global market and is anticipated to generate around USD 36.6 Billion by the end of 2025. • The segment of real estate is anticipated to register fastest growth with a CAGR of 6.3% due to the emerging concept of affordable housing across the globe. • Asia Pacific is expected to register highest CAGR of 6.6% across the global market by 2025 owing to increasing construction activities across developing countries like China and India.
• The key players in the heavy duty construction equipment market are Komatsu Ltd., Caterpillar, SANY Group, and Doosan Bobcat. Million Insights has segmented the global heavy construction equipment market on the basis of product, application and region: Heavy Construction Equipment Product Outlook (Revenue, USD Million, 2014 - 2025) • Earth Moving Machinery • Material Handling Machinery • Concrete & Road Machinery • Others Heavy Construction Equipment Application Outlook (Revenue, USD Million, 2014 - 2025) • Infrastructure • Real estate • Others
Heavy Duty Construction Equipment Regional Outlook (Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Europe • Germany • U.K. • Asia Pacific • Japan • China • India • Central & South America • Brazil • Middle East & Africa • UAE
See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/heavy-machinery
Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.
Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com
Global Headquarters Million Insights 410 E Santa Clara Street, Unit #1008 San Jose, CA 95113, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com
Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-8956380892