The industry should continue to benefit from the market rally in 2022, with most key markets expected to see steady growth, with the exception of China

DUBLIN, May 17, 2022 /PRNewswire/ — The “Global Construction Equipment Market – 2022-2026 – Market Background and Landscape, OEM Strategies and Plans, Key Trends, Strategic Outlook, Growth Opportunities, and Market Outlook and Forecast” report has been added to from offer.

The report analyzes and provides essential information on key industry, market and technology trends that may shape the future of the global construction equipment market in the short to medium term, followed by a description of opportunities for emerging potential growth.

The global construction equipment market has been booming since late 2020 with strong demand for construction equipment across North America & Europe (despite the fall of China) with continued infrastructure investment, strong residential construction in the US, strong demand from the commodities segment and robust fleet utilization by operators to return to pre-COVID levels while facing challenges of the COVID-19 pandemic and the war in Ukraine marred by supply chain disruptions and bottlenecks, limited freight capacity and shortages of semiconductor chips that continue to hamper the pace of the global recovery.

Residential construction segment in North America continues to be robust given housing starts, while ongoing fiscal stimulus, in the form of investments in infrastructure development, in most key global markets continues to boost consumer confidence industry and new investments.

The industry also continues to make steady progress toward transitioning to sustainable technologies with the rapid development and commercialization of electric, hybrid, hydrogen fuel cell batteries and other alternative fuel powered equipment that is likely to receive further impetus due to the volatility of global crude oil. prices offering a significant growth opportunity in terms of fleet replacements and recapitalizations.

The introduction of remote and fully autonomous construction equipment, the development and deployment of niche services based on advanced technologies and innovative business models, such as autonomous mobility as a service for mine sites and places construction work, are expected to transform the landscape of the construction equipment market moving forward.

Moreover, the last $1.2 trillion Infrastructure Investment & Jobs Act in the United States and the launch of the EU’s leading infrastructure investment, as part of its global gateway strategy in late 2021, aimed at mobilizing and investing 300 billion euros until 2027 towards the development of the global infrastructure apart from the huge investments planned in the infrastructure of the fastest growing economy in the world, Indiain the short term are likely to give a massive boost to the construction industry in the medium term.

This is despite projections of a slowing global economic recovery in the near term due to uncertainty over the likely direction of the pandemic and rising inflation levels necessitating monetary policy tightening by central banks.

Overall, the CE industry is expected to continue to benefit from the ongoing market recovery in 2022, with most key markets expected to see steady growth, with the exception of Chinawhich continues to be in correction mode following real estate issues and a zero tolerance policy towards COVID-19.

Extracts from the report:

  • Analysis of CAT’s overall strategy focused on profitable growth, expansion of product offerings, scaling of service businesses and active pursuit of technology innovations
  • Deciphering Komatsu’s medium-term strategy focused on digitalization with the development of a scaled and integrated solutions business for construction workplaces and the creation of value through technological innovations with a laser focus on sustainability and autonomy
  • CNH’s aggressive push on developing alternative fuel powertrains as part of its “Clean Energy Leader” strategy. In addition, the approval of the latest corporate restructuring focused on the spin-off of highway businesses is expected to allow CNH to invest heavily in next-generation technologies in the future.
  • Hitachi goes solo in the north and South America from March 2022 with plans to establish its own sales and distribution network from scratch with significant investment following the recent dissolution of its long-standing production and distribution joint venture with Deere & Co
  • Massive infrastructure investment in most major global markets likely to provide a major boost to the construction industry in the medium term
  • The emerging energy transition to sustainability is likely to create a demand supercycle for the mining and metals industry in the medium term
  • Construction activity is expected to maintain its overall growth momentum in most key markets in 2022, with the exception of Chinawith strong drivers, indicators and fundamentals
  • Supply chain disruptions, continued shortages of semiconductor chips, the likely direction of the pandemic, and inflationary pressures in key markets could become potential speed bumps on near-term industry recovery momentum.

Relevance and usefulness: The report will be useful for:

  • Strategic planning and decision-making process
  • Identification and overview of opportunities and potential growth paths
  • Market development and demand growth projections
  • Assessing the potential impact of emerging market trends and developments
  • Contingency planning for current strategies and programs
  • Identify and highlight areas for making potential strategic changes, adjustments and realignment
  • Analysis of key industry trends, issues and challenges, risk factors and market outlook for 2022

Main topics covered:

Section 1: Global Construction Equipment Market- Introduction and Market Overview

Section 2: Market Landscape – Key Players – Business and SWOT Analysis
1.Caterpillar Inc.
2.Komatsu Ltd.
3.Volvo AB
4. CNH Industrial SA
5. Hitachi Construction Machinery Co. Ltd.
6. Deere & Co.
7. Liebherr Group

Section 3: Global Construction Equipment Industry – SWOT Analysis
3.1 Strengths to be exploited
3.2 Weaknesses to overcome
3.3 Opportunities to exploit
3.4 Threats to deny and overcome

Section 4: Key Industry Trends

Section 5: Key Market Trends

Section 6: Key Technology Trends

Section 7: Main issues, challenges and risk factors

Section 8: Potential Growth Opportunities

Section 9: Business, Growth and Other Strategies for Key Industry OEMs
1.Caterpillar Inc.
2.Komatsu Ltd.
3.Volvo AB
4. CNH Industrial SA
5. Hitachi Construction Machinery Co. Ltd.
6. Deere & Co.
7. Liebherr Group

The scope of the analysis covers:

  • Product portfolio strategies and plans
  • Market specific strategies and plans
  • R&D strategies and plans
  • Growth strategies and plans
  • Business and corporate strategies and plans
  • Sales and marketing strategies and plans
  • Production/manufacturing strategies and plans
  • Financial strategies and plans
  • Acquisitions, strategic alliances and JV
  • Other Strategies and Strategic Initiatives

Section 10: Global Construction Equipment Market – Force Field Analysis – Analysis of driving and restraining forces and their overall dynamics

  • Driving forces
  • Restraint forces

Section 11: Global Construction Equipment Market – Outlook 2022

Section 12: Global Construction Equipment Market – Strategic Market Outlook and Demand Growth Projections – 2022-2026

  • Emerging Market Scenario Analysis
  • Demand Outlook
  • Growth engines
  • Demand forecasts and growth projections for construction equipment – short to medium term

For more information on this report, visit

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Research and Markets
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SOURCE Research and Markets

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