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.
The Middle East and Africa Construction Equipment Market Size & Growth:
The Middle East and Africa Construction Equipment are valued at $125.3 billion in 2018 and estimated to reach a value of $285.4 billion in 2024 at CAGR of 9.40%. Key points like Increased mining activity and increased demand for from developing countries are accelerating this market, and the factors like difference in import duties and restrictions and high initial & maintenance cost are hampering the market growth.
The Middle East and Africa Construction Equipment Market Share:
Type classifies the Middle East and Africa 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 the Middle East and Africa.
The Middle East and Africa Construction Equipment Market Trends:
- The markets related to the Construction Equipment are having the inclined growth. As the key 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.
The Middle East and Africa 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.
- The Middle East and Africa diversity are 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
- Komatsu Ltd.
- Atlas Copco Construction & Mining
- Cnh Global NV
- Liebherr-International AG
- Manitowoc Group
1. Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
3. Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
4. Market Dynamics
4.1 Drivers
4.1.1 Increased mining activity
4.1.2 Increased demand for from developing countries
4.2 Restraints
4.2.1 Difference in import duties and restrictions
4.2.2 High initial & maintenance cost
4.3 Opportunities
4.3.1 Huge demand in real estate and infrastructure
4.3.2 Entry of global OEMs
4.4 Challenges
4.4.1 Large machinery and need large labor force
5. Middle East & Africa Construction Equipment Market – By Type
5.1 Earth moving equipment
5.1.1 Backhoe
5.1.2 Loaders
5.1.3 Excavators
5.1.4 Motor Graders
5.1.5 Others
5.2 Heavy construction vehicles
5.2.1 Tippers
5.2.2 Dumpers
5.2.3 Others
5.3 Material handling equipment
5.3.1 Telescopic Handlers
5.3.2 Cranes
5.3.3 Others
6. Middle East & Africa Construction Equipment Market – By Application
6.1 Commercial
6.2 Residential
6.3 Industrial and institutional building
7. Middle East & Africa Construction Equipment Market – By Geography
7.1 Introduction
7.2 Middle East and Africa
7.2.1 Middle East & Africa
7.2.2 Africa
8. Company Profiles
8.1 Hitachi Construction Machinery Co. Ltd.
8.2 Doosan Infracore Ltd.
8.3 Caterpillar
8.4 Manitou Group
8.5 Hyundai Heavy Industries Ltd
8.6 Oshkosh Corporation
8.7 John Deere & Co.
8.8 Kobelco Construction Machinery Co. Ltd.
8.9 Mitsubishi
8.10 J.C. Bamford Excavators Limited
9. Middle East & Africa Construction Equipment Market – Competitive Landscape
9.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
9.2 Strategies Adopted By Top Companies
9.3 Market Share Analysis
10. Market Insights
10.1 Insights of Industry Experts
10.2 Investment Opportunities
10.3 Analyst Opinion
11. Appendix
11.1 List of Tables
11.2 List of Figure
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