Global Aftermarket for Construction Machinery Market Growth (Status and Outlook) 2024-2030
The aftermarket for construction machinery refers to the service and support system after the equipment is sold, including repair, maintenance, spare parts supply and technical support. It ensures that the equipment can continue to operate efficiently during use, extends the service life of the equipment, and improves customer satisfaction. This market also covers training operators and maintenance personnel, as well as providing upgrade and improvement services to adapt to changes in technology and the market. Overall, the construction machinery equipment aftermarket is crucial to both equipment manufacturers and end users.
The global Aftermarket for Construction Machinery market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Aftermarket for Construction Machinery Industry Forecast” looks at past sales and reviews total world Aftermarket for Construction Machinery sales in 2022, providing a comprehensive analysis by region and market sector of projected Aftermarket for Construction Machinery sales for 2023 through 2029. With Aftermarket for Construction Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aftermarket for Construction Machinery industry.
This Insight Report provides a comprehensive analysis of the global Aftermarket for Construction Machinery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Aftermarket for Construction Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Aftermarket for Construction Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aftermarket for Construction Machinery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aftermarket for Construction Machinery.
United States market for Aftermarket for Construction Machinery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Aftermarket for Construction Machinery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Aftermarket for Construction Machinery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Aftermarket for Construction Machinery players cover Caterpillar, SANY Group Company Ltd., Komatsu, XCMG, Zoomlion, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Aftermarket for Construction Machinery market by product type, application, key players and key regions and countries.
Segmentation by Type:
Maintenance
Repair
Retrofit
Others
Segmentation by Application:
Excavator
Crane
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Maintenance
Repair
Retrofit
Others
Segmentation by Application:
Excavator
Crane
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Caterpillar
SANY Group Company Ltd.
Komatsu
XCMG
Zoomlion
Volvo Construction Equipment
Liebherr Group
Hitachi Construction Machinery
DOOSAN BOBCAT KOREA
Metso
Kubota
Epiroc
Terex
Liugong
JLG
Wacker Neuson
Shandong Shantui
Shanghai Breton
Zhengzhou Suda
Sevalo
Please note: The report will take approximately 2 business days to prepare and deliver.