Construction Equipment Market Analysis, Market Size, Growth, Trends, Strategy & Forecast, 2012-2020

Hexa Research Inc.
Industry Research,Custom Research & Consulting

Construction Equipment Market Analysis, Market Size,
Share, Growth, Trends, Competitive Strategies And
Forecast, 2012 To 2020

Industry Insights
Construction equipment market has been witnessing strong growth over the last few years on account
of increasing demand from construction sector across the globe. Construction equipment demand has
been increasing owing to increasing government spending on infrastructure development including
residential and non- residential projects in emerging countries such as India, china and Brazil.
Continuous growth in infrastructure is anticipated to enhance the application scope of construction
equipment. Increasing mining activities is the key factor expected to drive the market over the
foreseeable period. Due to the scarcity of crude oil and natural gas, major mining industries started
operating at deep sea levels. Increasing mining activities in deep sea level and ultra-deep sea level
require advanced equipment for the safe operation of mining activities.
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Hexa Research Inc.
Industry Research,Custom Research & Consulting
This requirement of advanced equipment for mining activities has been supporting the construction
equipment market growth over the last few years and the trend is expected to continue over the
forecast period. Handling construction equipment requires skilled labor and complete observance with
safety regulations. High operating and maintenance cost of this equipment is the key challenge for
market players to handle their working capital. Moreover, reducing green house gases emission and
meeting regulatory mandates from EPA is one of the challenging factors for the market participants.
Technological development facilitated the real time monitoring in order to detect and monitor
equipment failure.
Product Insights
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