Analysis on Impact of Covid-19- Construction Machinery Market 2020-2024 | Increased Investment In Infrastructure To Boost Growth | Technavio

Technavio has been monitoring the construction machinery market and it is poised to grow by USD 33.26 bn during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Construction Machinery Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, and Terex Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increased investment in infrastructure has been instrumental in driving the growth of the market. However, growing secondhand machine market might hamper market growth.

Construction Machinery Market 2020-2024 : Segmentation

Construction Machinery Market is segmented as below:

• Product
  • Earthmoving Machinery
  • Material Handling Machinery
  • Concrete and Road Construction Machinery
  • Other Machinery
• Geography
  • APAC
  • North America
  • Europe
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43599

Construction Machinery Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our construction machinery market report covers the following areas:

• Construction Machinery Market Size
• Construction Machinery Market Trends
• Construction Machinery Market Industry Analysis

This study identifies an increase in strategic acquisitions and partnerships as the prime reasons driving the construction machinery market growth during the next few years.

Construction Machinery Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the construction machinery market, including some of the vendors such as AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, and Terex Corp. Backed with competitive intelligence and benchmarking, our research reports on the construction machinery market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Construction Machinery Market 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist construction machinery market growth during the next five years
• Estimation of the construction machinery market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the construction machinery market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of construction machinery market vendors

Table Of Contents :

Executive Summary

Market Landscape

• Market ecosystem
• Market characteristics
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook
• Market size and forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Earthmoving machinery - Market size and forecast 2019-2024
• Material handling machinery - Market size and forecast 2019-2024
• Concrete and road construction machinery - Market size and forecast 2019-2024
• Other machinery - Market size and forecast 2019-2024
• Market opportunity by Product

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AB Volvo
• Caterpillar Inc.
• CNH Industrial NV
• Deere & Co.
• Doosan Bobcat Inc.
• Hitachi Construction Machinery Co. Ltd.
• J C Bamford Excavators Ltd.
• Komatsu Ltd.
• Liebherr-International Deutschland GmbH
• Terex Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200515005036/en/