Asia Pacific Construction Equipment Market - A USD 75 Billion Opportunity by 2026

The market analysis on Asia Pacific Construction Equipment Market offers a holistic view on the overall industry with all required details regarding its overall foothold in the global ecosystem along with its applications in vivid end-user sectors.

According to the given report, Asia Pacific construction equipment industry reached a valuation of USD 60 billion in 2019 and is likely to surpass USD 75 billion over 2020-2026, increasing at a rate of 4.5%. It includes important information on the current market situation, evolving technologies, robust competitive landscape, industry strategies, future growth opportunities, and market segmentations.

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Moreover, the report also delivers a summary of vivid factors that are expected to drive the overall industry along with including information of the ongoing trends touted to propel the market in the upcoming years. As per the report, the APAC construction equipment market has been fragmented into various segments spanning product, regional, and competitive landscape.

Rapid developments and investments in the power distribution sector across the globe are major factors driving the mobile cranes market growth. The equipment is extensively used in maintenance and construction activities in power grids. Several countries in Asia Pacific use mobile cranes to establish a robust power grid infrastructure to cater to the increasing electricity demand. In addition, initiatives undertaken by several regional governments in Asia Pacific to enhance the existing utility infrastructure are propelling industry demand.

The overall construction equipment market in Asia Pacific has been diversified into different regions and geographies including China, India, Japan, South Korea and its foolproof analysis has been drafted in the given research report. More so, it also consists of elaborative details on the factors promoting the growth of these regional market over the mentioned time frame, along with addressing the growth opportunities for myriad market players, technologies being massively used across these regions, stringent and favorable governmental reforms, and others.

The increasing need for infrastructure inspection and maintenance of high-rise establishments is anticipated to drive the Japan construction equipment market growth. Reconstruction activities in Japan are on the rise, following several natural calamities such as earthquakes and tsunamis. The Japanese government announced its plan to invest over USD 60 billion between 2016 and 2020 to reconstruct areas damaged by natural calamities, providing significant growth opportunities to the construction equipment market.

The Asia Pacific construction equipment market boasts of the presence of top-notch companies that are operating this terrain and their individual market shares, company profiles, individual positions, accomplishments, and stance in the global ecosystem have been briefly cited in the study.

Market players operating in the Asia Pacific construction equipment market are XCMG Corporation, Komatsu Ltd., Zoomlion, Sumitomo Heavy Industries Ltd., Hitachi Construction Machinery, Matso Corporation, Tadano Ltd., and Kobelco Construction Machinery Co., Ltd. These players are focusing on expanding their geographic presence in international markets. For instance, in August 2018, Hitachi Construction Machinery Co., Ltd. acquired 33.3% equity interest in ACME Lift Company, located in the U.S. The acquisition aided the company to expand its presence in North America.

[TOC Chapters]

Chapter 4. Asia Pacific Construction Equipment Market Size, By Product (USD)

4.1. Asia Pacific construction equipment market share, by product, 2019 & 2026

4.2. Earthmoving & roadbuilding equipment

4.2.1. Market estimates and forecast, 2015 - 2026

4.2.2. Backhoe

4.2.2.1. Market estimates and forecast, 2015 - 2026

4.2.3. Excavator

4.2.3.1. Market estimates and forecast, 2015 - 2026

4.2.4. Loader

4.2.4.1. Market estimates and forecast, 2015 - 2026

4.2.5. Compaction equipment

4.2.5.1. Market estimates and forecast, 2015 - 2026

4.2.6. Others

4.2.6.1. Market estimates and forecast, 2015 - 2026

4.3. Material handling and cranes

4.3.1. Market estimates and forecast, 2015 - 2026

4.3.2. Storage and handling equipment

4.3.2.1. Market estimates and forecast, 2015 - 2026

4.3.3. Engineered systems

4.3.3.1. Market estimates and forecast, 2015 - 2026

4.3.4. Industrial trucks

4.3.4.1. Market estimates and forecast, 2015 - 2026

4.3.5. Bulk material handling equipment

4.3.5.1. Market estimates and forecast, 2015 - 2026

4.4. Concrete equipment

4.4.1. Market estimates and forecast, 2015 - 2026

4.4.2. Concrete pumps

4.4.2.1. Market estimates and forecast, 2015 - 2026

4.4.3. Crusher

4.4.3.1. Market estimates and forecast, 2015 - 2026

4.4.4. Transit mixers

4.4.4.1. Market estimates and forecast, 2015 - 2026

4.4.5. Asphalt pavers

4.4.5.1. Market estimates and forecast, 2015 - 2026

4.4.6. Batching plants

4.4.6.1. Market estimates and forecast, 2015 - 2026

Chapter 5. Asia Pacific Construction Equipment Market Share, By Region (USD)

5.1. Asia Pacific construction equipment market share, by region, 2019 & 2026

5.2. China

5.2.1. Market estimates and forecast, 2015 - 2026

5.2.2. Market estimates and forecast, by product, 2015 - 2026

5.3. Japan

5.3.1. Market estimates and forecast, 2015 - 2026

5.3.2. Market estimates and forecast, by technology, 2015 - 2026

5.4. India

5.4.1. Market estimates and forecast, 2015 - 2026

5.4.2. Market estimates and forecast, by product, 2015 - 2026

5.5. South Korea

5.5.1. Market estimates and forecast, 2015 - 2026

5.5.2. Market estimates and forecast, by product, 2015 - 2026

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1449/asia-pacific-construction-equipment-market

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