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Construction Machinery Market

The primary factors responsible for the growth of the global construction machinery market include the increasing government spending on several infrastructure activities.

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Construction Machinery Market

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  1. Construction Machinery Market Construction Machinery Handlers, Excavator, Loaders & Backloe, Motor Grader, Articulated Dump Truck, Asphalt Finisher, Crawler Dozer, Motor Scraper, Rigid Dump Truck, and Others), By Application (Infrastructure, Commercial Buildings, Residential Buildings, and Industrial Buildings), By Drive Type (Hydraulic and Electric and Hybrid), and By Region – Global Opportunities and Forecast, 2020-2027 Machinery Type Market Telescopic By (Crane, GMI Research GMI Research See the Future Insights 1

  2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Construction Machinery Market: The primary factors responsible for the growth of the global construction machinery market include the increasing government spending on several infrastructure activities, rising the development of smart city projects globally, and shifting emission regulation across the world. The growing investment for the development of public infrastructure and the private sector at a global level, followed by the rising trend of urbanization and industrialization worldwide, is further surging the growth of the market. The rising government initiative for the development of smart cities across the globe is growing the demand for construction machinery to achieve the construction timeline. In addition to this, renting or leasing of construction machinery and rising advancement in construction machinery such as autonomous construction machines will create new growth opportunities in the market during the forecast period. On the other hand, the increasing cost of various machines will hamper the growth of the market. This report splits the Construction Machinery Market as follows: By Machinery Type: •Crane •Telescopic Handlers •Excavator •Loaders & Backloe •Motor Grader •Articulated Dump Truck •Asphalt Finisher •Crawler Dozer •Motor Scraper 2

  3. •Rigid Dump Truck •Other By Application: •Infrastructure •Commercial Buildings •Residential Buildings •Industrial Buildings By Drive Type: •Hydraulic •Electric and Hybrid By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) 3

  4. Competitive Landscape: The construction machinery market report also scans the competitive landscape and profiles the major players operating in the market including aterpillar Inc., AB Volvo, Komatsu Ltd., CNH Industrial N.V., Hitachi Construction Machinery Co., Ltd., Terex Corporation, Mitsubishi Heavy Industries Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd., Joseph Cyril Bamford Excavators Ltd., and Liebherr Group, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4

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