Uploaded on Feb 24, 2021
Increasing investment in infrastructure is anticipated to contribute to the construction machinery’s market growth.
Construction Machinery Global Market Report 2021 COVID 19 Impact And Recovery To 2030
Construction Machinery
Global Market Report
2021: COVID 19 Impact
And Recovery To 2030
Construction Machinery Market Characteristics:
The global construction machinery market is expected to grow from $204.24 billion in 2020 to $226.97 billion in
2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies rearranging
their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment
measures involving social distancing, remote working, and the closure of commercial activities that resulted in
operational challenges. The market is expected to reach $321.21 billion in 2025 at a CAGR of 9.1%.
The report covers the Construction Machinery market’s segments-
By Product By Application By End User Xx xxxx Xx xxxx Xx xxxx
Earthmoving, Excavation & Oil & Gas, Xxxxx, Xxxxxxxx, Xxxxx, Xxxxx,
Material Handling, Mining, Lifting & Construction & Xxxx Xxxxxxxx, Xxxxxxxx,
Building & Road Material Handling, Infrastructure, Xxxx Xxxx
Construction Earth Moving, Manufacturing,
Equipment, Transportation, Mining, and
Autonomous Others Others
Construction
Equipment
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Construction Machinery Global Market Report 2021 is the
most comprehensive report available on this market and will
help gain a truly global perspective as it covers 60
geographies.
The chapter on the impact of COVID-19 gives valuable
insights on supply chain disruptions, logistical challenges, and
other economic implications of the virus on the market. The
chapter also covers markets which have been positively
affected by the pandemic.
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Major Key Players
Major companies in the market include
Caterpillar Inc Komatsu
Hitachi Construction Liebherr
Machinery Co Ltd
Volvo Construction
Equipment Click Here To Get
A Sample Report
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Reasons to Purchase
Gain a truly global perspective with the most
comprehensive market research report available on this
market covering 60+ geographies.
Understand how the market is being affected by the COVID-
19 and how it is likely to emerge and grow as the impact of
the coronavirus abates.
Create regional and country strategies on the basis of local
data and analysis.
Identify growth segments for investment.
Outperform competitors using market forecast data and the
market drivers and trends shaping the global market.
Understand customers based on the latest market research
findings.
Benchmark performance against key competitors of the
market.
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