Asia Pacific Construction Equipment Market – Growth & Forecast (2024

Asia Pacific Construction Equipment Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Construction sector plays a crucial role in determining the global economy, as this has got all round exposure and having demand for the construction equipment and commercial buildings. Increase in the urban population and rise in the living standards of different communities of people across the globe have made this markets huge. Larger consumer base and the high demand for basic infrastructural facilities have boosted the markets related to the construction equipment. As the opportunities for the entry of global OEMs and high demand in the field of real estate and infrastructure have paved way to excel this markets in all the regions.

APAC Construction Equipment Market Size & Growth:

APAC Construction Equipment is valued at $128.2 billion in 2018 and estimated to reach a value of $290.3 billion in 2024 at CAGR of 9.34%. Key points like Increased mining activity and increased demand from developing countries

Asia Pacific Construction Equipment Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

are accelerating this market, and the factors like difference in import duties and restrictions and high initial & maintenance cost are hampering the market growth.

APAC Construction Equipment Market Share:

Type classifies APAC Construction Equipment by application and by geography. By Type, they are segmented as Material handling equipment, Earthmoving, Heavy construction vehicles. By application, they are segmented as Commercial, Residential and Industrial and institutional building. By geography, they are segmented as China, Japan, India, Australia & New Zealand and others. APAC countries are dominating the markets dealing with the construction equipment.

APAC Construction Equipment Market Trends:

The markets related to the Construction Equipment are having the inclined growth. As the principal players like Hitachi and Komatsu Ltd.have seen good growth from past few years.
Some of the products like Compact excavators and utility excavators are manufactured by the Hitachi Construction Machinery which is used in the different construction equipment.
The Komatsu Ltd manufactures products like Electric rope shovels and wheel loaders are in the loading zone in the construction industry.

APAC Construction Equipment Market Research Report Includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Asia Pacific diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
Doosan Infracore Ltd.
Caterpillar
Manitou Group
Hyundai Heavy Industries Ltd

different construction equipment. The

You can also purchase parts of this report. Do you want to check out a section wise price list

Asia Pacific Construction Equipment Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Credibility and
Transparency

We actively recruit consumers, business professionals, and elusive individuals for our research panels, fostering enduring relationships. Our commitment to transparency is evident in the comprehensive listing of primary and secondary data sources, ensuring unwavering credibility in our reports.

Exhaustive
Coverage

Uncover the full spectrum with Envision Intelligence. Our detailed and extensive geographical coverage, coupled with survey consultation services, spans brand tracking, concept testing, and consumer behaviour analysis. Adapt to your evolving needs with scalable market research services that leave no facet unexplored.

Competitive
Edge

Stay ahead with Envision Intelligence. Our reports provide the latest market updates up to the date of purchase. Recognising the urgency of impactful decisions, we deliver timely analyses on the unprecedented choices made by CXOs during the COVID-19 crisis—providing valuable insights at no extra cost.

Golden
pportunities

Unearth hidden gems with Envision Intelligence. Our analysts and consultants conduct a comprehensive strategic sieve analysis, augmented by AI tools, to identify non-obvious, golden, and emerging opportunities. Evaluate possibilities that set you apart in the market.

Top-notch Reportsd
Guaranteed

Experience unparalleled depth with Envision Intelligence. Over 70% of our research is exclusive, establishing us as the premier source for in-depth and extensive market insights. Elevate your decision-making with reports that go beyond the ordinary.

Post Purchase
Support

Empower your journey with Envision Intelligence. Our commitment extends beyond the purchase. Enjoy post-purchase support for three months, with queries addressed within 24 business hours via telephone or email. We stand by you in your quest for ongoing success.