NEW YORK, July 26, 2021 /PRNewswire/ --
The construction machinery market in the Construction Machinery & Heavy Trucks industry is poised to grow by USD 31.67 billion during 2021-2025. Technavio's latest market research report estimates that the construction machinery market will be progressing at a CAGR of almost 4%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offers an up-to-date analysis regarding the current global market scenario and the overall market environment. Download a Free Sample Report
Factors such as increased investments in infrastructure, expanding manufacturing facilities, and new product launches will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The construction machinery market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Construction Machinery Market 2021-2025: Segmentation
Construction Machinery Market is segmented as below:
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Construction Machinery Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the construction machinery market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International AG, and Terex Corp.
The report also covers the following areas:
An increase in strategic acquisitions and partnerships is likely to emerge as one of the primary drivers of the market. However, the growing secondhand machine market may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research report on the construction machinery market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Construction Machinery Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Website: www.technavio.com/
Report: www.technavio.com/report/construction-machinery-market-industry-analysis
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