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Heavy Construction Equipment Market Worth $195.0 Billion by 2018


News provided by

MarketsandMarkets

02 Jul, 2013, 16:06 GMT

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DALLAS, July 2, 2013 /PRNewswire/ --

The report "Heavy Construction Equipment Market: By Types (Earthmoving, Material Handling, Heavy Construction Vehicles, Others), Application Areas (Infrastructure, Commercial, Residential), and Geography - Global Trends & Forecast To 2018", defines and segments the global heavy construction equipment market with an analysis and forecast of the revenue. The heavy construction equipment market will grow from an estimated $131.1 billion in 2013 to $195.0 billion by 2018, at a CAGR of 8.3% from 2013 to 2018.

Browse

  • 127 Market data tables
  • 25 Figures
  • 262 Pages and an in-depth Table of Content on "Heavy Construction Equipment Market"

http://www.marketsandmarkets.com/Market-Reports/heavy-construction-equipment-market-1211.html

Early buyers will receive 10% customization on this report.

Asia-Pacific: Largest market for heavy construction equipment

Asia-Pacific has experienced a boom in construction and infrastructural activities as the emphasis on developing infrastructure for the sustainable economy is growing. The global population rise and migration to major cities since the last decade has further increased the demand for residential buildings. Asia-Pacific has seen growth in a number of airports, dams, hydro-electric projects, etc. to sustain high level industrial activities and growing energy demand. As a result, many international players have invested and started their manufacturing facilities and distribution centers in the region.

Download Free Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=1211

Earth moving equipment: Biggest market, by types

Earth moving equipment has the largest market share in the Heavy Construction Equipment Market across the globe. Earth moving equipment is used globally for all types of geographic topologies. They are also used for excavation purpose which is a necessary operation and are performed in all types of terrain across the globe. Earth moving equipment includes excavators, loaders, backhoes, motor graders, and other equipment. BRIC nations drive the growth of this market.

Infrastructure leads the market by application

Infrastructure includes the Public Infrastructure such as:

  • Heavy civil works of rail,
  • Road,
  • Dams,
  • Irrigation canals,
  • Governmental schools,
  • Post offices,
  • Hospitals,
  • Sports complexes,
  • Stadiums,
  • Other heavy civil construction work.

These structures form the backbone for the development of the economy for any country. After the market slump of 2009, governments of various nations have started investing to develop better infrastructure. The infrastructure construction activities will be dominant in developing markets such as China, India and Brazil. The reconstruction activities in Japan after the devastating earthquake have also contributed to the infrastructure construction market.

Buy a copy of this Report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1211

Browse related reports to Energy and Power Market @ http://www.marketsandmarkets.com/energy-power-supplies-market-research-4.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com
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