DUBLIN--(BUSINESS WIRE)--The "Global Earthmoving equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global market for earth moving equipment was valued at US$ 81.5 Bn in 2017 and expected to cross US$ 145 Bn by 2026 at a CAGR of 7.0% from 2018 to 2026.
Effect of financial crisis is reduced considerably and global economy is building momentum with improving credit conditions which is encouraging countries across the world to invest significant amount in infrastructure development projects to support their economic development. In addition, increasing urbanization and rising population in major cities will increase residential constructions globally.
In 2017, Asia Pacific accounted for the largest market share in the global earthmoving equipment market. The region is expected to maintain its dominating position and also expected to be the fastest growing market for earthmoving equipment over the forecast period. This growth is primarily driven by the increasing investment by India and Southeast Asia in road, urban infrastructure, railways and ports, and irrigation projects to support their economic growth.
Wheeled/crawler loader is the largest equipment category in the overall earthmoving equipment market by type. The segment is expected to maintain its dominating position with its increasing deployment in Asia Pacific and Middle East & Africa (MEA). In addition, end-users in developed markets are replacing their traditional loaders with advanced loaders integrated with real-time monitoring solutions for better efficiency and output.
Companies Mentioned
- Caterpillar Inc.
- Komatsu Ltd.
- Hitachi Construction Machinery Co. Ltd.
- Volvo Group
- Liebherr Group
- SANY Group
- Guangxi LiuGong Machinery Co. Ltd.
- Zoomlion Heavy Industry Science and Technology Co., Ltd.
- Terex Corp
- Doosan Infracore
- Deere & Company
- XCMG Group
Key Topics Covered:
1 Preface
2 Executive Summary
3 Market Dynamics
4 Global Earthmoving Equipment Market Analysis, By Equipment Type, 2016-2026
5 Global Earthmoving Equipment Market Analysis, By Application, 2016-2026
6 North America Earthmoving Equipment Market Analysis, 2016-2026
7 Europe Earthmoving Equipment Market Analysis, 2016-2026
8 Asia Pacific Earthmoving Equipment Market Analysis, 2016-2026
9 Rest of the World Earthmoving Equipment Market Analysis, 2016-2026
10 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/jm6wg2/global?w=4
