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Construction Equipment Market Size, Industry Analysis Report by Equipment Type(Asphalt Finisher, Motor Grader, Backhoe Loader, Motor Scraper, Crawler Dozer, Articulated Dump Truck, Crawler Excavator, Rigid Dump Truck, Crawler Loader, Road Roller, Mini Excavator, Rough Terrain Lift Truck (RTLT) Masted, Wheeled Excavator, Rough Terrain Lift Truck (RTLT) Telescopic, Wheeled Loader <80 HP, Wheeled Loader >80 HP, Pick and Carry Crane., Skid-Steer Loader, Compactor), by Equipment Category(Material Handling Equipment, Heavy Construction Vehicle, Earthmoving Equipment), by Power Output(<100 HP, 101200 HP, 201400 HP, >400 HP), by Engine Capacity(<5L, 5L-10L, >10L), by Propulsion Type(Diesel, CNG/LNG/RNG), by Application(Commercial, Residential, Infrastructure) & Region - Forecasts

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Medical Plastics Market Size, Share and Global Industry Trend Forecast till 2026
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Global Construction Equipment Market- Description

Construction equipment are referred to as the heavy machinery used to execute construction activities, with most of them largely involved in earthwork operations along with other heavy tasks. These machines mainly function through the mechanical abilities of simple machine which in turn makes heavy construction tasks easier with lesser workforce. Some of the commonly used construction equipment are excavators, truck loader, grader, loader, just to name a few. With rapid urbanization and economic development across the globe, construction activities have seen a sharp rise, thus paving the way for the expansion of global construction equipment market.

IMG1

Source: WMR


Global Construction Equipment Market- Overview

Global construction market was valued at USD 208,300 million in 2022 and is anticipated to register a CAGR of 3.8% during the forecast duration of 2023-2033, thereby reaching a valuation of USD 308,540 million by the end of the analysis timeline.

Rise in construction activities globally and rising investments in infrastructure are the major drivers propelling the progression of this marketplace. Additionally, economic growth in emerging nations, technological advancements in the field, and population expansion across the globe which in turn is boosting the demand for the construction of more residential and commercial areas are positively swaying the market dynamics.

IMG2

Source: WMR


Global Construction Equipment Market Key Trends

Rise in infrastructural investments post the COVID-19 pandemic is aiding market development:

The pandemic breakout had brought the entire world to a complete standstill. With lockdowns imposed in almost all the nations of the world, many markets were severely affected with construction sector being one of them. Although the construction equipment sales were falling, there was a surge in the demand for the construction of hospitals, laboratories, logistics infrastructures, along with other medical facilities. This in turn led to many nations taking up projects to cater to the emergency infrastructural needs in their country, significantly creating development avenues for global construction equipment market.


Electrification of construction equipment is likely to create expansion prospects for the marketplace:

There has been a high demand for the electrification of construction equipment as it will enhance the capacity of the machines and make the work faster and easier. Growing consumer inclination towards electric vehicles, be it public or personal as they are eco-friendly and cost effective is driving manufacturers to electrify their construction machinery. This is expected to increase the equipment sales, thereby adding to the market development in the ensuing years.


Global Construction Equipment Market- Segment Analysis

By equipment type

Asphalt Finisher

Motor Grader

Backhoe Loader

Motor Scraper

Crawler Dozer

Articulated Dump Truck

Crawler Excavator

Rigid Dump Truck

Crawler Loader

Road Roller

Mini Excavator

Rough Terrain Lift Truck (RTLT) Masted

Wheeled Excavator

Rough Terrain Lift Truck (RTLT) Telescopic

Wheeled Loader <80 HP

Wheeled Loader >80 HP

Pick and Carry Crane.

Skid-Steer Loader

Compactor

Among these, the earth moving equipment segment presently holds a substantial market share as it uses hydraulic drives as its major motion source. Alongside, rising urban population and escalating demand for efficient infrastructural facilities across the globe are further boosting segmental expansion. The commonly used earthmoving machines are motor graders, loaders, and excavators.


By Equipment Category

Material Handling Equipment

Heavy Construction Vehicle

Earthmoving Equipment

Others



By Power Output

<100HP

101-200 HP

201-400 HP

>400 HP

Among these the 101-200 HP range is anticipated to register notable expansion over the forecast duration. This is attributable to the fact the equipment with this range allow manufacturers to enhance the machine capacity while downsizing the engine to a lower displacement level. This results in maintenance cost reduction and fuel economy enhancement, thereby promising a better component layout.


By Engine Capacity

<5L

5L-10L

>10L


By Propulsion Type

Diesel

CNG/LNG/RNG


By Application

Commercial

Residential

Infrastructure


IMG3

Source: WMR


Global Construction Equipment Market- Regional Landscape

Considering the geographical ambit, the market sphere constitutes of regions like Asia Pacific, North America, Asia, The Middle East, and The Rest of the World.

North America market is projected to register notable growth over the estimated timeline ascribing to low interest rate loans against manufacturing equipment which is encouraging higher investments by construction companies. Alongside, rise in residential construction and increasing construction expenditure is also contributing to the regional market progression matrix.


Global Construction Equipment Market- Competitive Hierarchy

The major players operating in the industry sphere are Caterpillar, Inc (US), Komatsu Ltd (Japan), Xuzhou Construction Machinery Group Co., Ltd (China), Sany Heavy Industries Co., Ltd (China), and Zoomlion Heavy Industry Science and Technology Co., Ltd (China), CATERPILLAR INC., DEERE & COMPANY, VOLVO GROUP, HITACHI CONSTRUCTION MACHINERY CO., LTD, LIEBHERR, CNH INDUSTRIAL, XCMG, DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD, TEREX CORPORATION, JCB, KUBOTA CORPORATION, KOBELCO CONSTRUCTION MACHINERY CO., LTD., SUMITOMO HEAVY INDUSTRIES, YANMAR CONSTRUCTION EQUIPMENT CO. LTD:, SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD, ATLAS COPCO AB, WRITGEN GROUP, HYUNDAI HEAVY INDUSTRIES, AMMANN, SANDVIK GROUP, ASTEC INDUSTRIES, KOBE STEEL LTD., MANITOWOC, GUANGXI LIUGONG MACHINERY CO., LIMITED and others.


Notably, Volvo Construction Equipment (Volvo CE), in April 2019 launched its first emission free wheel loader and electric compact excavator. These machines not only promise zero emission rates but also come with low noise level, less energy cost, low maintenance needs, along with enhanced efficiency as compared to the previous models.


Global Construction Equipment Market- Report Scope

Forecast Years- 2023-2033

Historical Years- 2020-2021

Global Construction Equipment Market 2022- USD 208,300 million

Global Construction Equipment Projected Market 2030- USD 308,540 million

Global Construction Equipment Market CAGR- 3.8%

Key segments reported-


By type (skid-steer, dozer, excavator-crawler & mini, wheel, dump truck, and loader back-hoe)

By Equipment Category (heavy construction vehicle, earthmoving equipment, material handling equipment, and others)

By Application (commercial, residential, and infrastructure)

By Power Output (<100 HP, 101-200 HP, 201-400 HP, and >400 HP)

By Engine Capacity (<5L, 5L-10L, and >10L)

By Emission Regulation (Stage II, Stage III, Stage IIIA, Stage IV, Stage V, Stage VI, Tier 4, and Tier 5)

By Aftertreatment Device (Diesel Oxidation Catalyst, Diesel Particulate Filter, Exhaust Gas Recirculation, and Selective Catalytic Reduction.

Key regions and countries reported-


North America (US, Mexico and Canada)

Europe (UK, Germany, Italy, France, Spain, and Rest of Europe)

Asia (China, Japan, India, Indonesia, Thailand, and Rest of Asia)

The Middle East (UAE, Saudi Arabia, Qatar, and Rest of Middle East)

The Rest of the World (Brazil, Russia, South Africa, and Other RoW)

Key Players Profiled- Caterpillar, Inc (US), Komatsu Ltd (Japan), Xuzhou Construction Machinery Group Co., Ltd (China), Sany Heavy Industries Co., Ltd (China), and Zoomlion Heavy Industry Science and Technology Co., Ltd (China). CATERPILLAR INC., DEERE & COMPANY, VOLVO GROUP, HITACHI CONSTRUCTION MACHINERY CO., LTD, LIEBHERR, CNH INDUSTRIAL, XCMG, DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD, TEREX CORPORATION, JCB, KUBOTA CORPORATION, KOBELCO CONSTRUCTION MACHINERY CO., LTD., SUMITOMO HEAVY INDUSTRIES, YANMAR CONSTRUCTION EQUIPMENT CO. LTD:, SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD, ATLAS COPCO AB, WRITGEN GROUP, HYUNDAI HEAVY INDUSTRIES, AMMANN, SANDVIK GROUP, ASTEC INDUSTRIES, KOBE STEEL LTD., MANITOWOC, GUANGXI LIUGONG MACHINERY CO., LIMITED and others.

1. Global CONSTRUCTION EQUIPMENT Market Introduction and Market Overview

1.1. Objective of the Market Research Study

1.2. CONSTRUCTION EQUIPMENT Market Definition & Description

1.3. Research Data Parameters & Reporting Timelines

1.3.1. Historical Data Reporting Years 2020 to 2021

1.3.2. Projected Data Reporting Years 2022 to 2033

1.3.3. Reporting Data Parameters Value (US$ Million)

1.4. Global CONSTRUCTION EQUIPMENT Market Scope and Market Estimation

1.4.1. Global CONSTRUCTION EQUIPMENT Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)

1.4.2. Global CONSTRUCTION EQUIPMENT Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033

1.5. CONSTRUCTION EQUIPMENT Market Segmentation

1.5.1. Equipment Type of Global CONSTRUCTION EQUIPMENT Market

1.5.2. Equipment Category of Global CONSTRUCTION EQUIPMENT Market

1.5.3. Power Output of Global CONSTRUCTION EQUIPMENT Market

1.5.4. Engine Capacity of Global CONSTRUCTION EQUIPMENT Market

1.5.5. Propulsion Type of Global CONSTRUCTION EQUIPMENT Market

1.5.6. Application of Global CONSTRUCTION EQUIPMENT Market

1.5.7. Key Regions of Global CONSTRUCTION EQUIPMENT Market


2. Global CONSTRUCTION EQUIPMENT Market - Executive Summary

2.1. Global CONSTRUCTION EQUIPMENT Market Summary & Snapshot

2.2. Global CONSTRUCTION EQUIPMENT Market, By Equipment Type (US$ Million)

2.3. Global CONSTRUCTION EQUIPMENT Market, By Equipment Category (US$ Million)

2.4. Global CONSTRUCTION EQUIPMENT Market, By Power Output (US$ Million)

2.5. Global CONSTRUCTION EQUIPMENT Market, By Engine Capacity (US$ Million)

2.6. Global CONSTRUCTION EQUIPMENT Market, By Propulsion Type (US$ Million)

2.7. Global CONSTRUCTION EQUIPMENT Market, By Application (US$ Million)

2.8. Global CONSTRUCTION EQUIPMENT Market, By Geography (US$ Million)

2.9. Global CONSTRUCTION EQUIPMENT Market Outlook & Future Opportunities


3. CONSTRUCTION EQUIPMENT Market Trends, Outlook, and Factors Analysis

3.1. Global CONSTRUCTION EQUIPMENT Market Industry Development Trends under COVID-19 Outbreak

3.1.1. Global COVID-19 Status Overview

3.1.2. Influence of COVID-19 Outbreak on Global CONSTRUCTION EQUIPMENT Market Industry Development

3.1.3. Pre & Post COVID-19 Trends and Scenarios

3.2. CONSTRUCTION EQUIPMENT Market Dynamics (Growth Impacting Factors & Rationales)

3.2.1. Drivers

3.2.1.1. Following the COVID-19 epidemic, infrastructural spending has increased.

3.2.1.2. Adoption of Advanced Construction Equipment to Drive Growth

3.2.1.3. Increasing Construction & Infrastructure Investments Worldwide to Boost Demand of Equipment

3.2.2. Restraints

3.2.2.1. Decreased deal value of construction equipment projects

3.2.2.2. Use of Construction Equipment Results in Environmental Imbalance and Hampers the Growth

3.2.3. Opportunities

3.2.3.1. Increasing demand of electric and autonomous construction equipment

3.2.4. Impact Analysis of Drivers and Restraints

3.3. Ecosystem/ Value Chain Analysis

3.4. Porters Five Forces Analysis

3.5. SWOT Analysis

3.6. PEST Analysis

3.7. Average Selling Prices and Pricing Trends Analysis of CONSTRUCTION EQUIPMENT Market

3.8. Technological Roadmap

3.9. Key Investment Pockets of CONSTRUCTION EQUIPMENT Market

3.9.1. By Equipment Type

3.9.2. By Equipment Category

3.9.3. By Power Output

3.9.4. By Engine Capacity

3.9.5. By Propulsion Type

3.9.6. By Application

3.9.7. By Regions


4. Global CONSTRUCTION EQUIPMENT Market: Estimates & Historic Trend Analysis (2020 to 2021)

4.1. Global CONSTRUCTION EQUIPMENT Market, 2020 2021 (US$ Million)

4.2. Global CONSTRUCTION EQUIPMENT Market, By Equipment Type, 2020 to 2021 (US$ Million)

4.3. Global CONSTRUCTION EQUIPMENT Market, By Equipment Category, 2020 to 2021 (US$ Million)

4.4. Global CONSTRUCTION EQUIPMENT Market, By Power Output, 2020 to 2021 (US$ Million)

4.5. Global CONSTRUCTION EQUIPMENT Market, By Engine Capacity, 2020 to 2021 (US$ Million)

4.6. Global CONSTRUCTION EQUIPMENT Market, By Propulsion Type, 2020 to 2021 (US$ Million)

4.7. Global CONSTRUCTION EQUIPMENT Market, By Application, 2020 to 2021 (US$ Million)

4.8. Global CONSTRUCTION EQUIPMENT Market, By Region, 2020 to 2021 (US$ Million)


5. Global CONSTRUCTION EQUIPMENT Market Estimates & Forecast Trend Analysis, by Equipment Type

5.1. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Equipment Type, 2022 & 2033

5.2. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Equipment Type, 2022 to 2033

5.2.1. Asphalt Finisher

5.2.2. Motor Grader

5.2.3. Backhoe Loader

5.2.4. Motor Scraper

5.2.5. Crawler Dozer

5.2.6. Articulated Dump Truck

5.2.7. Crawler Excavator

5.2.8. Rigid Dump Truck

5.2.9. Crawler Loader

5.2.10. Road Roller

5.2.11. Mini Excavator

5.2.12. Rough Terrain Lift Truck (RTLT) Masted

5.2.13. Wheeled Excavator

5.2.14. Rough Terrain Lift Truck (RTLT) Telescopic

5.2.15. Wheeled Loader <80 HP

5.2.16. Wheeled Loader >80 HP

5.2.17. Pick and Carry Crane.

5.2.18. Skid-Steer Loader

5.2.19. Compactor


6. Global CONSTRUCTION EQUIPMENT Market Estimates & Forecast Trend Analysis, by Equipment Category

6.1. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Equipment Category, 2022 & 2033

6.2. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Equipment Category, 2022 to 2033

6.2.1. Material Handling Equipment

6.2.2. Heavy Construction Vehicle

6.2.3. Earthmoving Equipment

6.2.4. Others


7. Global CONSTRUCTION EQUIPMENT Market Estimates & Forecast Trend Analysis, by Power Output

7.1. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Power Output, 2022 & 2033

7.2. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Power Output, 2022 to 2033

7.2.1. <100 HP

7.2.2. 101200 HP

7.2.3. 201400 HP

7.2.4. >400 HP


Global CONSTRUCTION EQUIPMENT Market Estimates & Forecast Trend Analysis, by Engine Capacity

7.3. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Engine Capacity, 2022 & 2033

7.4. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Engine Capacity, 2022 to 2033

7.4.1. <5L

7.4.2. 5L-10L

7.4.3. >10L


Global CONSTRUCTION EQUIPMENT Market Estimates & Forecast Trend Analysis, by Propulsion Type

7.5. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Propulsion Type, 2022 & 2033

7.6. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Propulsion Type, 2022 to 2033

7.6.1. Diesel

7.6.2. CNG/LNG/RNG


Global CONSTRUCTION EQUIPMENT Market Estimates & Forecast Trend Analysis, by Application

7.7. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033

7.8. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2033

7.8.1. Commercial

7.8.2. Residential

7.8.3. Infrastructure


8. Global CONSTRUCTION EQUIPMENT Market Analysis and Forecast, by Region

8.1. Global CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033

8.2. Global CONSTRUCTION EQUIPMENT Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2033

8.2.1. North America

8.2.2. Europe

8.2.3. Asia Pacific

8.2.4. Middle East and Africa

8.2.5. Latin America


9. North America CONSTRUCTION EQUIPMENT Market: Estimates & Forecast Trend Analysis

9.1. North America CONSTRUCTION EQUIPMENT Market Assessments & Key Findings

9.2. North America CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, 2022 & 2033

9.3. North America CONSTRUCTION EQUIPMENT Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

9.3.1. By Equipment Type

9.3.2. By Equipment Category

9.3.3. By Power Output

9.3.4. By Engine Capacity

9.3.5. By Propulsion Type

9.3.6. By Application

9.3.7. By Major Country

9.3.7.1. The U.S.

9.3.7.2. Canada


10. Europe CONSTRUCTION EQUIPMENT Market: Estimates & Forecast Trend Analysis

10.1. Europe CONSTRUCTION EQUIPMENT Market Assessments & Key Findings

10.2. Europe CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, 2022 & 2033

10.3. Europe CONSTRUCTION EQUIPMENT Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

10.3.1. By Equipment Type

10.3.2. By Equipment Category

10.3.3. By Power Output

10.3.4. By Engine Capacity

10.3.5. By Propulsion Type

10.3.6. By Application

10.3.7. By Major Country

10.3.7.1. Germany

10.3.7.2. The U.K.

10.3.7.3. France

10.3.7.4. Italy

10.3.7.5. Spain

10.3.7.6. Rest of Europe (includes all other European countries)


11. Asia Pacific CONSTRUCTION EQUIPMENT Market: Estimates & Forecast Trend Analysis

11.1. Asia Pacific CONSTRUCTION EQUIPMENT Market Assessments & Key Findings

11.2. Asia Pacific CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, 2022 & 2033

11.3. Asia Pacific CONSTRUCTION EQUIPMENT Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

11.3.1. By Equipment Type

11.3.2. By Equipment Category

11.3.3. By Power Output

11.3.4. By Engine Capacity

11.3.5. By Propulsion Type

11.3.6. By Application

11.3.7. By Major Country

11.3.7.1. China

11.3.7.2. Japan

11.3.7.3. India

11.3.7.4. ASEAN

11.3.7.5. South Korea

11.3.7.6. Rest of Asia Pacific (includes all other Asia Pacific countries)


12. Middle East & Africa CONSTRUCTION EQUIPMENT Market: Estimates & Forecast Trend Analysis

12.1. Middle East & Africa CONSTRUCTION EQUIPMENT Market Assessments & Key Findings

12.2. Middle East & Africa CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, 2022 & 2033

12.3. Middle East & Africa CONSTRUCTION EQUIPMENT Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

12.3.1. By Equipment Type

12.3.2. By Equipment Category

12.3.3. By Power Output

12.3.4. By Engine Capacity

12.3.5. By Propulsion Type

12.3.6. By Application

12.3.7. By Major Country

12.3.7.1. GCC

12.3.7.2. South Africa

12.3.7.3. Egypt

12.3.7.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)


13. Latin America CONSTRUCTION EQUIPMENT Market: Estimates & Forecast Trend Analysis

13.1. Latin America Market Assessments & Key Findings

13.2. Latin America CONSTRUCTION EQUIPMENT Market Share (%) Estimates and Forecasts, 2022 & 2033

13.3. Latin America CONSTRUCTION EQUIPMENT Market Size Estimates and Forecast (US$ Million) (2022 to 2033)

13.3.1. By Equipment Type

13.3.2. By Equipment Category

13.3.3. By Power Output

13.3.4. By Engine Capacity

13.3.5. By Propulsion Type

13.3.6. By Application

13.3.7. By Major Country

13.3.7.1. Brazil

13.3.7.2. Mexico

13.3.7.3. Rest of Latin America (includes all other Latin America countries)


14. Competitive Landscape

14.1. CONSTRUCTION EQUIPMENT Market Revenue Share Analysis (%), by Major Players (2021)

14.2. CONSTRUCTION EQUIPMENT Market Competition Matrix, by Leading Players

14.3. CONSTRUCTION EQUIPMENT List of Emerging, Prominent and Leading Players

14.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.


15. Company Profiles

15.1. KOMATSU LTD.

15.1.1. Company Overview & Insights

15.1.2. Financial Performance

15.1.3. Product / Service Portfolio

15.1.4. Geographical Footprint & Share

15.1.5. Strategic Initiatives & Key Developments

*Similar details would be provided for all the players mentioned below

15.2. CATERPILLAR INC.

15.3. DEERE & COMPANY

15.4. VOLVO GROUP

15.5. HITACHI CONSTRUCTION MACHINERY CO., LTD

15.6. LIEBHERR

15.7. CNH INDUSTRIAL

15.8. SANY HEAVY INDUSTRY CO., LTD

15.9. XCMG

15.10. DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD

15.11. TEREX CORPORATION

15.12. JCB

15.13. ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD

15.14. KUBOTA CORPORATION

15.15. KOBELCO CONSTRUCTION MACHINERY CO., LTD.

15.16. SUMITOMO HEAVY INDUSTRIES

15.17. YANMAR CONSTRUCTION EQUIPMENT CO. LTD:

15.18. SUMITOMO HEAVY INDUSTRIES CONSTRUCTION CRANES CO., LTD

15.19. ATLAS COPCO AB

15.20. WRITGEN GROUP

15.21. HYUNDAI HEAVY INDUSTRIES

15.22. AMMANN

15.23. SANDVIK GROUP.

15.24. ASTEC INDUSTRIES

15.25. KOBE STEEL LTD.

15.26. MANITOWOC

15.27. GUANGXI LIUGONG MACHINERY CO., LIMITED.

15.28. Others


16. Assumptions and Research Methodology

16.1. Data Mining

16.2. Secondary Research

16.3. Primary Research

16.4. Subject Matter Expert Advice

16.5. Quality Check

16.6. Final Review

16.7. Data Triangulation

16.8. Bottom-Up Approach

16.9. Top Down Approach

16.10. Research Flow

16.11. Key Insights from Industry Experts

16.12. Data Sources

16.13. Assumptions

16.14. Limitations


17. Conclusions and Recommendations

17.1. Key Research Findings and Conclusion

17.2. Key Insights & Recommendations from Analysts

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