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Global Construction Equipment Market - Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2014 - 2020)

Category : Construction & Manufacturing  | Published Date : May-2015
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Construction equipment, also known as heavy equipment, are specially designed machinery for performing construction operations. These equipment are used for different functions such as drilling, hauling, excavating, paving and grading. The global construction equipment market covers different industries including manufacturing, oil and gas, forestry, military and public works. The global construction equipment market is expected to exhibit steady growth in the forecast period 2015-2020. Growing industrial activities and swift residential & commercial development along with increased investment of government in the infrastructure sector, will lead to an overall rise of the global construction equipment market. 

Increasing application of construction equipment in operations such as earthmoving, excavation, and lifting & material handling, is expected to fuel the market for construction equipment. Currently, earthmoving application holds a relatively higher market share as compared to the other applications.
 
Geographically, the market is segmented into North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific is presently the largest market for construction equipment and would grow at the highest rate during the forecast period. The growth would primarily be driven by the ongoing developments in the real estate and infrastructure sector, which would foster the demand for construction equipment in this region. 

The construction equipment market is segmented based on solution, type, industries, application and geography. Solutions segment includes product and services segments. Product segment includes all the construction equipment including dozer, crane and excavator. Service segment includes rental and maintenance service of the equipment. The application segment includes excavation & mining, lifting & material handling, earth moving, transportation and others. Based on type, the market is segmented into loaders, crane, dozers, forklift and others. Key players operating in the global construction equipment market are Caterpillar Inc., Liebherr Group, Kobe Steel Ltd. (Kobelco), CNH Industrial, Hitachi Construction Machinery, Volvo Construction Equipment and Komatsu Ltd.

KEY BENEFITS

  • The report provides an in-depth analysis to identify the key market trends and dynamics in the global construction equipment market
  • The market estimations made in the report offer high-end analysis of the key market segments
  • The report highlights the market scenario across various regions such as North America, Europe, Asia-Pacific and LAMEA
  • Extensive analysis provides clear understanding of competitive scenario of the construction equipment market
  • The studies evaluating value chain have been taken into account to help in understanding the competitive environment across the geographies
  • Detailed SWOT analysis of the key market players is provided to illustrate the adopted business strategies 
  • The report entails the detailed quantitative analysis of the current market and estimations through 2014–2020 that assists in identifying the prevailing market opportunities to capitalize on

 

KEY MARKET SEGMENTS:
The market is segmented on the basis of solution, type, application, industries and geography.

The global construction equipment market segmentation is illustrated below:

  • Global Construction Equipment Market – By Solution 
    • Product
    • Service
      • Rental
      • Maintenance
  • Global Construction Equipment Market – By Type 
    • Loader
    • Crane
    • Forklift
    • Excavator
    • Dozer
    • Other
  • Global Construction Equipment Market – By Application
    • Excavation & mining
    • Lifting & material handling
    • Earth moving
    • Transportation 
    • Others
  • Global Construction Equipment Market – By Industries
    • Oil & Gas
    • Public Works & Rail Road
    • Forestry & Agricultural 
    • Manufacturing
    • Military
    • Mining
  • Global Construction Equipment Market – By Geography
    • North America
    • Europe
    • Asia-Pacific
    • LAMEA

 

KEY PLAYERS

  • J.C. Bamford Excavators Limited (JCB)
  • Caterpillar Inc.
  • Volvo Construction Equipment
  • Doosan Heavy Industries & Construction
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co., Ltd.
  • Liebherr Group
  • Kobe Steel, Ltd. (Kobelco)
  • Atlas Copco
  • CNH Industria

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Research Methodologies

1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models

CHAPTER 2 EXCECUTIVE SUMMARY

2.1 CXO Perspective
2.2 Market Beyond: What to Expect by 2025

2.2.1 Base Case Scenario
2.2.2 Optimistic Case Scenario
2.2.3 Critical Case Scenario

CHAPTER 3 MARKET OVERVIEW

3.1 Market Definition and Scope
3.2 Key Findings

3.2.1 Top Impacting Factors
3.2.2 Top Investment Pockets
3.2.3 Top Winning Strategies

3.3 Value Chain Analysis
3.4 Market Share Analysis, 2014
3.5 Porter’s Five Forces Analysis

3.5.1 Moderate Bargaining Power of Suppliers
3.5.2 High Bargaining Power of Buyers
3.5.3 Low Threat of New Entrants
3.5.4 Low Threat of Substitutes
3.5.5 High Industry Rivalry

3.6 Case studies
3.7 Market dynamics

3.7.1 Drivers
3.7.2 Restraints
3.7.3 Opportunities

CHAPTER 4 GLOBAL CONSTRUCTION EQUIPMENT MARKET, BY SOLUTION

4.1 Product

4.1.1 Key Market Trends
4.1.2 Competitive Scenario
4.1.3 Key Growth Factors and Opportunities
4.1.4 Market Size and Forecast by Type

4.2 Services

4.2.1 Key Market Trends
4.2.2 Competitive Scenario
4.2.3 Key Growth Factors and Opportunities
4.2.4 Market Size and Forecast by Type

CHAPTER 5 GLOBAL CONSTRUCTION EQUIPMENT MARKET, BY TYPE

5.2 Crane

5.2.1 Key market trends
5.2.2 Competitive Scenario
5.2.3 Key Growth Factors and Opportunities
5.2.4 Market Size and Forecast by Solution
5.1.5 Market Size and Forecast by Geography

5.3 Forklift

5.3.1 Key Market Trends
5.3.2 Competitive Scenario
5.3.3 Key Growth Factors and Opportunities
5.3.4 Market Size and Forecast by Solution
5.3.5 Market Size and Forecast by Geography

5.4 Excavator

5.4.1 Key Market Trends
5.4.2 Competitive Scenario
5.4.3 Key Growth Factors and Opportunities
5.4.4 Market Size and Forecast by Solution
5.4.5 Market Size and Forecast by Geography

5.5 Dozer

5.5.1 Key Market Trends
5.5.2 Competitive Scenario
5.5.3 Key Growth Factors and Opportunities
5.5.4 Market Size and Forecast by Solution
5.5.5 Market Size and Forecast by Geography

5.6 Other

5.6.1 Key Market Trends
5.6.2 Competitive Scenario
5.6.3 Key Growth Factors and Opportunities
5.6.4 Market Size and Forecast by Solution
5.6.5 Market Size and Forecast by Geography

CHAPTER 6 GLOBAL CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION

6.1 Excavation & Mining

6.1.1 Key Market Trends
6.1.2 Competitive Scenario
6.1.3 Key Growth Factors and Opportunities
6.1.4 Market Size and Forecast

6.2 Lifting & Material Handling

6.2.1 Key Market Trends
6.2.2 Competitive Scenario
6.2.3 Key Growth Factors and Opportunities
6.2.4 Market Size and Forecast

6.3 Earthmoving

6.3.1 Key Market Trends
6.3.2 Competitive Scenario
6.3.3 Key Growth Factors and Opportunities
6.3.4 Market Size and Forecast

6.4 Transportation

6.4.1 Key Market Trends
6.4.2 Competitive Scenario
6.4.3 Key Growth Factors and Opportunities
6.4.4 Market Size and Forecast

6.5 Others

6.5.1 Key Market Trends
6.5.2 Competitive Scenario
6.5.3 Key Growth Factors and Opportunities
6.5.4 Market Size and Forecast

CHAPTER 7 GLOBAL CONSTRUCTION EQUIPMENT MARKET, BY INDUSTRIES

7.1 Oil & Gas

7.1.1 Market Size and Forecast

7.2 Public Works & Rail Road

7.2.1 Market Size and Forecast

7.3 Forestry & Agriculture

7.3.1 Market Size and Forecast

7.4 Manufacturing

7.4.1 Market Size and Forecast

7.5 Military

7.5.1 Market Size and Forecast

7.5 Mining

7.6.1 Market Size and Forecast

CHAPTER 8 GLOBAL CONSTRUCTION EQUIPMENT MARKET, BY GEOGRAPHY

8.1 North America

8.1.1 Key Market Trends
8.1.2 Competitive Scenario
8.1.3 Key Growth Factors and Opportunities
8.1.4 Market Size and Forecast

8.2 Europe

8.2.1 Key Market Trends
8.2.2 Competitive Scenario
8.2.3 Key Growth Factors and Opportunities
8.2.4 Market Size and Forecast

8.3 Asia Pacific

8.3.1 Key Market Trends
8.3.2 Competitive Scenario
8.3.3 Key Growth Factors and Opportunities
8.3.4 Market Size and Forecast

8.4 LAMEA

8.4.1 Key Market Trends
8.4.2 Competitive Scenario
8.4.3 Key Growth Factors and Opportunities
8.4.4 Market Size and Forecast

CHAPTER 9 COMPANY PROFILE

9.1 Volvo Construction Equipment

9.1.1 Company Overview
9.1.2 Business Performance
9.1.3 Strategic Moves and Developments
9.1.4 Key Strategies and Developments
9.1.5 SWOT Analysis and Strategic Conclusions

9.2 Caterpillar Inc.

9.2.1 Company Overview
9.2.2 Business Performance
9.2.3 Strategic Moves and Developments
9.2.4 Key Strategies and Developments
9.2.5 SWOT Analysis and Strategic Conclusions

9.3 Komatsu Ltd.

9.3.1 Company Overview
9.3.2 Business Performance
9.3.3 Strategic Moves and Developments
9.3.4 Key Strategies and Developments
9.3.5 SWOT Analysis and Strategic Conclusions

9.4 Doosan Heavy Industries & Construction

9.4.1 Company Overview
9.4.2 Business Performance
9.4.3 Strategic Moves and Developments
9.4.4 Key Strategies and Developments
9.4.5 SWOT Analysis and Strategic Conclusions

9.5 Hitachi Construction Machinery Co., Ltd.

9.5.1 Company Overview
9.5.2 Company Snapshot
9.5.3 Strategic Moves and Developments
9.5.4 Key Strategies and Developments
9.5.5 SWOT Analysis and Strategic Conclusions

9.6 J.C. Bamford Excavators Limited (JCB)

9.6.1 Company Overview
9.6.2 Company Snapshot
9.6.3 Strategic Moves and Developments
9.6.4 Key Strategies and Developments
9.6.5 SWOT Analysis and Strategic Conclusions

9.7 Kobe Steel, Ltd. (Kobelco)

9.7.1 Company Overview
9.7.2 Company Snapshot
9.7.3 Strategic Moves and Developments
9.7.4 Key Strategies and Developments
9.7.5 SWOT Analysis and Strategic Conclusions

9.8 Liebherr Group

9.8.1 Company Overview
9.8.2 Company Snapshot
9.8.3 Strategic Moves and Developments
9.8.4 Key Strategies and Developments
9.8.5 SWOT Analysis and Strategic Conclusions

9.9 Atlas Copco

9.9.1 Company Overview
9.9.2 Company Snapshot
9.9.3 Strategic Moves and Developments
9.9.4 Key Strategies and Developments
9.9.5 SWOT Analysis and Strategic Conclusions

9.10 CNH Industrial

9.10.1 Company Overview
9.10.2 Company Snapshot
9.10.3 Strategic Moves and Developments
9.10.4 Key Strategies and Developments
9.10.5 SWOT Analysis and Strategic Conclusions

LIST OF TABLES

TABLE 1  GLOBAL CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014–2020 ($BILLION) 
TABLE 2  GLOBAL CONSTRUCTION EQUIPMENT BASE CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020–2025 ($BILLION) 
TABLE 3  GLOBAL CONSTRUCTION EQUIPMENT OPTIMISTIC CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020–2025 ($BILLION) 
TABLE 4  GLOBAL CONSTRUCTION EQUIPMENT CRITICAL CASE SCENARIO MARKET REVENUE BY GEOGRAPHY, 2020-2025 ($BILLION) 
TABLE 5  GLOBAL CONSTRUCTION EQUIPMENT MARKET REVENUE BY SOLUTION, 2014-2020 ($BILLION) 
TABLE 6  GLOBAL CONSTRUCTION EQUIPMENT PRODUCT MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 7  GLOBAL CONSTRUCTION EQUIPMENT SERVICES MARKET REVENUE BY SERVICE TYPE, 2014-2020 ($BILLION) 
TABLE 8  GLOBAL CONSTRUCTION EQUIPMENT SERVICES MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 9  GLOBAL CONSTRUCTION EQUIPMENT MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 10  GLOBAL CONSTRUCTION EQUIPMENT LOADER MARKET REVENUE BY SOLUTION TYPE, 2014-2020 ($BILLION) 
TABLE 11  GLOBAL CONSTRUCTION EQUIPMENT LOADER MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 12  GLOBAL CONSTRUCTION EQUIPMENT LOADER PRODUCT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 13  GLOBAL CONSTRUCTION EQUIPMENT LOADER SERVICE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 14  GLOBAL CONSTRUCTION EQUIPMENT CRANE MARKET REVENUE BY SOLUTION TYPE, 2014-2020 ($ BILLION) 
TABLE 15  GLOBAL CONSTRUCTION EQUIPMENT CRANE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 16  GLOBAL CONSTRUCTION EQUIPMENT CRANE PRODUCT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 17  GLOBAL CONSTRUCTION EQUIPMENT CRANE SERVICE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 18  GLOBAL CONSTRUCTION EQUIPMENT FORKLIFT MARKET REVENUE BY SOLUTION, 2014-2020 ($BILLION) 
TABLE 19  GLOBAL CONSTRUCTION EQUIPMENT FORKLIFT MARKET REVENUE BY GEOGRAPHY 2014-2020 ($BILLION) 
TABLE 20  GLOBAL CONSTRUCTION EQUIPMENT FORKLIFT PRODUCT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 21  GLOBAL CONSTRUCTION EQUIPMENT FORKLIFT SERVICE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 22  GLOBAL CONSTRUCTION EQUIPMENT EXCAVATOR MARKET REVENUE BY SOLUTION, 2014-2020 ($BILLION) 
TABLE 23  GLOBAL CONSTRUCTION EQUIPMENT EXCAVATOR MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 24  GLOBAL CONSTRUCTION EQUIPMENT EXCAVATOR PRODUCT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 25  GLOBAL CONSTRUCTION EQUIPMENT EXCAVATOR SERVICE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 26  GLOBAL CONSTRUCTION EQUIPMENT DOZER MARKET REVENUE BY SOLUTION, 2014-2020 ($BILLION) 
TABLE 27  GLOBAL CONSTRUCTION EQUIPMENT DOZER MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 28  GLOBAL CONSTRUCTION EQUIPMENT DOZER PRODUCT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 29  GLOBAL CONSTRUCTION EQUIPMENT DOZER SERVICE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 30  GLOBAL CONSTRUCTION EQUIPMENT OTHERS MARKET REVENUE BY SOLUTION, 2014-2020 ($BILLION) 
TABLE 31  GLOBAL CONSTRUCTION EQUIPMENT OTHERS MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 32  GLOBAL CONSTRUCTION EQUIPMENT OTHERS PRODUCT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 33  GLOBAL CONSTRUCTION EQUIPMENT OTHERS SERVICE MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 34  GLOBAL CONSTRUCTION EQUIPMENT MARKET REVENUE BY APPLICATION, 2014-2020 ($BILLION) 
TABLE 35  GLOBAL EXCAVATION & MINING APPLICATION MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 36  GLOBAL LIFTING & MATERIAL HANDLING APPLICATION MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 37  GLOBAL EARTH MOVING APPLICATION MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 38  GLOBAL TRANSPORTATION APPLICATION MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 39  GLOBAL OTHER APPLICATION MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 40 GLOBAL CONSTRUCTION EQUIPMENT MARKET REVENUE BY INDUSTRIES, 2014-2020 ($BILLION) 
TABLE 41  GLOBAL OIL & GAS CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 42  GLOBAL PUBLIC WORKS & RAIL ROAD CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 43  GLOBAL AGRICULTURE & FORESTRY CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 44  GLOBAL MANUFACTURING CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 45  GLOBAL MILITARY CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 46  GLOBAL MINING CONSTRUCTION EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2014-2020 ($BILLION) 
TABLE 47  NORTH AMERICAN CONSTRUCTION EQUIPMENT MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 48  EUROPEAN CONSTRUCTION EQUIPMENT MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 49  ASIA PACIFIC CONSTRUCTION EQUIPMENT MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 50  LAMEA CONSTRUCTION EQUIPMENT MARKET REVENUE BY TYPE, 2014-2020 ($BILLION) 
TABLE 51  VOLVO BUSINESS SNAPSHOT 
TABLE 52  CATERPILLAR BUSINESS SNAPSHOT 
TABLE 53  KOMATSU BUSINESS SNAPSHOT 
TABLE 54  DOOSAN BUSINESS SNAPSHOT 
TABLE 55  HITACHI CONSTRUCTION MACHINERY BUSINESS SNAPSHOT 
TABLE 56  JCB CONSTRUCTION MACHINARY BUSINESS SNAPSHOT 
TABLE 57  KOBELCO BUSINESS SNAPSHOT 
TABLE 58  LIEBHERR GROUP BUSINESS SNAPSHOT 
TABLE 59  ATLAS COPCO BUSINESS SNAPSHOT 
TABLE 60  CNH INDUSTRIAL BUSINESS SNAPSHOT

LIST OF FIGURES

FIG. 1  TOP IMPACTING FACTORS, BASE CASE (2020-2025) 
FIG. 2  TOP IMPACTING FACTORS, OPTIMISTIC CASE (2020-2025) 
FIG. 3  TOP IMPACTING FACTORS, CRITICAL CASE (2020-2025) 
FIG. 4  TOP IMPACTING FACTORS 
FIG. 5  TOP INVESTMENT POCKETS 
FIG. 6  CONSTRUCTION EQUIPMENT MARKET’S VALUE CHAIN 
FIG. 7  MARKET SHARE ANALYSIS, 2014 
FIG. 8  PORTER’S FIVE FORCES MODEL 
FIG. 9  REVENUE GENERATED BY VOLVO, 2012-2014, ($MILLION) 
FIG. 10  VOLVO FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS (%) 
FIG. 11  VOLVO FINANCIAL REVENUES (2014), BY OPERATING SEGMENT (%) 
FIG. 12  SWOT ANALYSIS OF VOLVO 
FIG. 13  REVENUE GENERATED BY CATERPILLAR, 2012 - 2014, ($ MILLION) 
FIG. 14  SWOT ANALYSIS OF CATERPILLER 
FIG. 15  REVENUE GENERATED BY KOMATSU, 2012-2014, ($MILLION) 
FIG. 16  SWOT ANALYSIS OF KOMATSU 
FIG. 17  REVENUE GENERATED BY DOOSAN, 2011-2013, ($MILLION) 
FIG. 18  SWOT ANALYSIS OF DOOSAN 
FIG. 19  REVENUE GENERATED BY HITACHI CONSTRUCTION MACHINERY, 2012-2014, ($MILLION) 
FIG. 20  HITACHI CONSTRUCTION MACHINERY FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS (%) 
FIG. 21  SWOT ANALYSIS OF HITACHI CONSTRUCTION EQUIPMENT 
FIG. 22  SWOT ANALYSIS OF JCB
FIG. 23  REVENUE GENERATED BY KOBELCO, 2011-2013, ($MILLION) 
FIG. 24  KOBELCO FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS (%) 
FIG. 25  KOBELCO FINANCIAL REVENUES (2014), BY OPERATING SEGMENTS (%) 
FIG. 26  SWOT ANALYSIS OF KOBELCO 
FIG. 27  REVENUE GENERATED BY LIEBHERR GROUP, 2011-2013, ($MILLION) 
FIG. 28  LIEBHERR GROUPFINANCIAL REVENUES (2013), BY GEOGRAPHIC REGIONS (%) 
FIG. 29  SWOT ANALYSIS OF LIEBHERR 
FIG. 30  REVENUE GENERATED BY ATLAS COPCO, 2012-2014, ($MILLION) 
FIG. 31  ATLAS COPCO FINANCIAL REVENUES (2014), BY OPERATING SEGMENTS (%)
FIG. 32  ATLAS COPCO FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS (%)
FIG. 33  SWOT ANALYSIS OF KOBELCOATLAS COPCO
FIG. 34  REVENUE GENERATED BY CNH INDUSTRIAL, 2012-2014, ($MILLION) 
FIG. 35  CNH INDUSTRIAL FINANCIAL REVENUES (2014), BY GEOGRAPHIC REGIONS (%) 
FIG. 36  SWOT ANALYSIS OF CNH INDUSTRIAL

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