Tue, 17 May 2022


The new report by Expert Market Research titled, 'Global Construction Machinery Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026', gives an in-depth analysis of the global construction machinery market, assessing the market based on its segments like machinery type, drive type, and regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market supported the SWOT and Porter's Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/construction-machinery-market-report/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 7%

Industry Definition and Major Segments

Construction equipment manufacturers are being pushed to choose electric and hybrid vehicles over traditional hydraulic and mechanical vehicles by the demand for cost-effective machines and regulatory pressures to reduce emissions.

The construction machinery market can be divided on the basis of segments like machinery type and drive type:

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/construction-machinery-market-report

Based on machinery type:

Crane

Telescopic Handlers

Excavator

Loader and Backhoe

Motor Grader

• Others

Based on drive type:

• Hydraulic

Electric

Hybrid

Market Breakup by Region:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Market Trend

Rapid urbanisation and rising building project investment, along with increased demand for multi-family homes, condominiums, hospitals, hotels, and offices, have resulted in increased demand for construction equipment, assisting the global construction machinery industry's growth. The construction industry has gotten a boost in recent years because of rising construction spending in Asia and the Middle East, assisting the construction machinery market's growth. Skyscrapers have become the latest trend as property prices rise, owing to their ability to provide more cost-effective floor space, propelling the industry forward.

Key Market Players

The major players within the market are CNH Industrial N.V, Deere & Company, Manitou Group, Zoomlion Heavy Industry Science & Technology Co., Ltd., Hitachi Construction Machinery Co., Ltd., J.C. Bamford Excavators Limited, Caterpillar Inc. [CAT (NYSE)] and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: EMR Inc.

Contact Person: Mathew Williams, Business Consultant

Email: sales@expertmarketresearch.com

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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