The worldwide construction equipment market reached $190 million in 2011 and has grown at a compounded annual rate of more than 50 percent since 2010, according to a new market research report by Global Industry Analysts. The report, recently published by Market Publishers Ltd. and entitled “Construction Equipment: Market Research Report” predicts the market will continue to grow, spurred by the high speed of urbanization and rising demand for equipment from residential, commercial and infrastructure construction sectors.
The report predicts that China and other emerging markets will continue to drive the market in the coming years. The world output of construction equipment is expected to exceed 1.75 million units by 2018.
The 586-page report, which sells for $4,950, is analyzed by geography and product type. The research study reviews the construction equipment industry, describes the current market situation and provides statistical data, discloses market dynamics and identifies major market drivers and limiters. The competitive landscape is examined, the leading and niche players are profiled and recent mergers, acquisitions and agreements are covered in the report. The research contains discussion of the future prospects for the market up to 2018.
The report provides separate comprehensive analytics for the U.S., Canada, Japan, China, Europe, China, India, Brazil, and Rest of World. Annual estimates and forecasts are provided for each region for the period 2010 through 2018. A six-year historic analysis is also provided for these markets. The report profiles 231 companies including many key and niche players such as AB Volvo, Volvo Construction Equipment, Atlas Copco, Caterpillar Inc., CNH Global, Dingsheng Tiangong Construction Machinery Co., Ltd., Doosan Infracore, Deere & Co., Hanta Machinery Co. Ltd., Hitachi Construction Machinery, Ingersoll-Rand Plc, JCB Ltd., JLG Industries Inc., Joseph Vögele AG, Joy Global Inc., Joy Mining Machinery, Komatsu Ltd., Kubota Europe S.A.S., Liebherr Group, Manitou Group, Mitsubishi Heavy Industries, SANY Group Co. Ltd., Sakai Heavy Industries Ltd., Sandvik Construction, Shandong Shantui Construction Machinery Imp. & Exp. Co. Ltd., Sumitomo Heavy Industries, TCM Corp., Terex Corp., Thomas Equipment Inc., Xuzhou Construction Machinery Group Co. Ltd., and Zoomlion Heavy Industry Science & Technology Development Co.
For more information about the report visit: http://marketpublishers.com/report/equipment/construction_equipment/construction-equipment-market-research-report.html
