The "Global Construction Machinery Market 2018-2022" report has been added to Research and Markets' offering.
The analysts forecast the global construction machinery market to grow at a CAGR of 8.07% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global construction machinery market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One trend in the market is growing trend of skyscrapers and mixed-use developments. The growth in the global population and the rapid movement of people toward urban settlements have given rise to the need for infrastructure, such as multi-family homes, condominiums, hospitals, hotels, and offices. This has resulted in the demand for land to surpass its availability. As a result, skyscrapers were built.
According to the report, one driver in the market is growth in government spending toward infrastructure. Investment in public infrastructure, such as roads, railroads, and bridges, is considered one of the key tools for fiscal stimulus. Significant spending in public infrastructure plays a vital role in stabilizing the economy of a nation and facilitating its growth.
Investment in infrastructure enables economic growth and provides employment opportunities. In addition, it ensures the delivery of important services, such as housing, energy, and safe water supply. Strong and updated public infrastructure also attracts investments from multinational companies worldwide. Moreover, the growth in economies results in improved living standards for citizens.
Market trends
- Growing trend of skyscrapers and mixed-use developments
- Growing construction of green buildings
- Telematics in construction
- Growth in modular and panelized constructions
Key vendors
- AB Volvo
- Caterpillar
- Doosan Infracore
- Hitachi Construction Machinery
- J C Bamford Excavators
- Komatsu
- Terex
Other prominent vendors
- CNH Industrial
- Liugong Machinery
- HIDROMEK
- Lonking Machinery
- Manitou
- SANY GROUP
- Shantui Construction Machinery
- Sumitomo Heavy Industries
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by Product
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/29cphx/global?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180109006396/en/