Global Construction and Mining Equipment Market Growth 2023-2029
Construction equipment is used in construction of residential and non-residential buildings, such as roads, tunnels, bridges, and others.
LPI (LP Information)' newest research report, the “Construction and Mining Equipment Industry Forecast” looks at past sales and reviews total world Construction and Mining Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Construction and Mining Equipment sales for 2023 through 2029. With Construction and Mining Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction and Mining Equipment industry.
This Insight Report provides a comprehensive analysis of the global Construction and Mining Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction and Mining Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Construction and Mining Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction and Mining Equipment 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 Construction and Mining Equipment.
The global Construction and Mining Equipment market size is projected to grow from US$ 84880 million in 2022 to US$ 115370 million in 2029; it is expected to grow at a CAGR of 115370 from 2023 to 2029.
Mining equipment is used in underground mining, drilling, and mineral processing, and surface mining. The reduction in manpower and elimination of necessity of explosions and bursting is possible using mining equipment. Technological advancements in construction and mining equipment help business owners to finish projects in stipulated time.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction and Mining Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Excavators
Loaders
Compactors
Dump Trucks
Bulldozers
Crushers
Pulverizing & Screening Equipment
Others
Segmentation by application
Residential Building
Non-Residential Building
Metal Mining
Mineral Mining
Coal Mining
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
Komatsu
Deere
Terex
Volvo Construction Equipment
Doosan
CNH Global
Hitachi Construction Machinery
JCB
Kubota
Sandvik
Atlas Copco
Metso
Kobelco
Liebherr Group
Hyundai Construction Equipment Company
SANY
Wirtgen Group
Astec Industries
Sumitomo Heavy Industries
Ammann
XCMG
Zoomlion
Liugong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Construction and Mining Equipment market?
What factors are driving Construction and Mining Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Construction and Mining Equipment market opportunities vary by end market size?
How does Construction and Mining Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.