Construction Machinery Global Market Briefing 2023
Global construction machinery market was worth $309.0 billion in 2022. It was the largest segment within the agriculture, construction, and mining machinery market accounting for 41.5%. In terms of per capita consumption, the market was $39.6 and in terms of global GDP, the market was 0.29%. Construction machinery was the largest segment within the agriculture, construction, and mining machinery market accounting for 41.5% followed by agricultural implement at 33.3% and mining and oil and gas field machinery at 25.0% respectively.
Construction Machinery Global Market Briefing 2023 provides strategists, marketers and senior management with the critical information they need to assess the global construction machinery sector.
Reasons to Purchase
- Measure the impact of high global inflation on market growth
- Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Identify growth segments and opportunities.
- Facilitate decision making on the basis of historic and forecast data
- Develop strategies based on likely future developments.
- Gain a global perspective on the development of the market.
DescriptionConstruction Machinery Global Market Briefing 2023 from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the construction machinery market revenues, covering both the historic growth of the market and forecasting the future. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. The trends and strategies section highlights the likely future developments in the construction machinery market and suggests approaches.
ScopeMarkets Covered: Building & Road Construction Equipment; Earthmoving; Material Handling
Companies Mentioned: Caterpillar Inc.; Komatsu Ltd.; Volvo AB; deere & company; Hitachi, Ltd.
Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East, Africa
Countries: Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam, Canada, USA, Mexico, Argentina, Brazil, Chile, Colombia, Peru, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, Czech Republic, Poland, Romania, Russia, Israel, Saudi Arabia, Turkey, UAE, Egypt, Nigeria, South Africa
Time series: Five years historic and forecast
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.