Global Heavy Machinery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Heavy Machinery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Heavy Machinery market size was valued at USD 174650 million in 2023 and is forecast to a readjusted size of USD 214320 million by 2030 with a CAGR of 3.0% during review period.

Heavy Machinery (Large Trucks) is the largest trucks allowed on the road, mostly used for long-haul purposes. Heavy Machinery (Large Trucks) constitutes an essential part of trucking industry. The trucking industry provides a vital service to the economy by transporting large quantities of goods. Heavy Machinery (Large Trucks) throughout the world is responsible for the majority of freight movement and is vital tools in the Firefighting, Construction, Forestry, Agriculture, Military industries.

China is the largest Heavy Machinery (Large Trucks) market with about 44% market share. US is follower, accounting for about 14% market share.

The key players are Daimler Trucks, Volvo, Paccar, MAN Group, Scania, IVECO, Oshkosh, Hino, Isuzu, Navistar, KAMAZ, Rosenbauer, Dongfeng, SINOTRUK, FAW, Foton, Shacman, JAC, Saic-Iveco Hongyan, CAMC, DAYUN, BeiBen Trucks etc. Top 3 companies occupied about 38% market share.

The Global Info Research report includes an overview of the development of the Heavy Machinery industry chain, the market status of Firefighting (Complete Vehicle, Incomplete Vehicle), Construction (Complete Vehicle, Incomplete Vehicle), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Heavy Machinery.

Regionally, the report analyzes the Heavy Machinery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Heavy Machinery market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Heavy Machinery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Heavy Machinery industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Complete Vehicle, Incomplete Vehicle).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Heavy Machinery market.

Regional Analysis: The report involves examining the Heavy Machinery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Heavy Machinery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Heavy Machinery:

Company Analysis: Report covers individual Heavy Machinery manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Heavy Machinery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Firefighting, Construction).

Technology Analysis: Report covers specific technologies relevant to Heavy Machinery. It assesses the current state, advancements, and potential future developments in Heavy Machinery areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Heavy Machinery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Heavy Machinery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Complete Vehicle
Incomplete Vehicle
Semitrailer Vehicle

Market segment by Application
Firefighting
Construction
Forestry
Agriculture
Military
Other

Major players covered
Daimler Trucks
Volvo
Paccar
MAN Group
Scania
IVECO
OSHKOSH
Hino
Isuzu
Navistar
Rosenbauer
KAMAZ
Dongfeng
SINOTRUK
FAW
Foton
Shacman
JAC
SAIC-IVECO HONGYAN
CAMC
DAYUN
BEIBEN TRUCKS

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Heavy Machinery product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Heavy Machinery, with price, sales, revenue and global market share of Heavy Machinery from 2019 to 2024.

Chapter 3, the Heavy Machinery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Heavy Machinery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Heavy Machinery market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Heavy Machinery.

Chapter 14 and 15, to describe Heavy Machinery sales channel, distributors, customers, research findings and conclusion.