Asia-Pacific Heavy-Duty Construction Equipment Market
Asia-Pacific Heavy-Duty Construction Equipment Market Size, Share & Trends Analysis Report By Machinery Type (Earth Moving Equipment (Cranes, Loader & Backhoe, Telescopic Handlers, Excavators, and Others), Material Handling Equipment (Hoists, Conveyors, Forklifts, and Others), and Other Construction Equipment (Concrete Mixers, Road Rollers, Stone Crushers, Dumpers, Tippers & Trailers, and Others), By Applications (Excavation & Demolition, Heavy Lifting, Handling, Transportation, Recycling & Waste Management, and Others), and by Industry (Construction & Infrastructure, Manufacturing, Mining, and Others (Oil & Gas)) Forecast, 2021-2027 Update Available - Forecast 2024-2030
The Asia-Pacific heavy-duty construction equipment market is projected to grow at a modest CAGR of 7.0% during the forecast period (2021-2027). The key aspect that drives the growth of the market includes the growth in the end-use industries such as construction & infrastructure, manufacturing, mining, and others (oil & gas). Various mining activities are going on in the region, owing to the depleting surface mineral reserves and high demand for these minerals. As per the United Nations’ Environment Program (UNEP), China is the key consumer of metals and minerals, whereas, at the same time it is also the key producer of over 20 metals and minerals. Some of the mining projects in 2020 in the region include Norseman Gold Project Australia, Iron Bridge Magnetite Project Australia, and many others.
The Asia-Pacific heavy-duty construction equipment market is segmented on the basis of machinery type, application, and industry. Based on the machinery type, the market is segmented as earth moving equipment, material handling equipment, and other construction equipment. The earth moving equipment segment includes cranes, loader & backhoe, telescopic handlers, excavators, and others. The material handling equipment segment includes hoists, conveyors, forklifts, and others. The other construction equipment includes concrete mixers, road rollers, stone crushers, dumpers, tippers & trailers, and others. The material handling equipment segment is estimated to hold a lucrative share in the market.
Based on the applications, the market is segmented as excavation & demolition, heavy lifting, handling, transportation, recycling & waste management, and others. The heavy lifting and transportation segment are likely to hold a significant market share. Based on the industry, the market is segmented as construction & infrastructure, manufacturing, mining, and others (oil & gas). The construction & infrastructure segment is estimated to hold a lucrative share in the market. Based on the geography, the market is segmented into China, India, Japan, ASEAN, South Korea, and the Rest of the Asia-Pacific. China is likely to hold a substantial share in the Asia-Pacific market over the forecast period.
Further, Caterpillar Inc., Deere & Co., Komatsu Ltd., Liebherr Group, CNH Industrial NV, Hitachi Construction Machinery Co. Ltd., Hyundai Heavy Industries Co. Ltd., and Kobelco Construction Machinery Co. Ltd. among others are some of the prominent players functioning in the Asia-Pacific heavy-duty construction equipment market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the Asia-Pacific heavy-duty construction equipment market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for heavy-duty construction equipment manufacturers, construction companies, machinery companies, mining companies, other related companies, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Machinery Type
- Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Application
- Asia-Pacific Heavy-Duty Construction Equipment Market Research and Analysis by Industry
The Report covers:
- Comprehensive research methodology of the Asia-Pacific heavy-duty construction equipment market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific Heavy-Duty Construction Equipment market.
- Insights about market determinants which are stimulating the Asia-Pacific heavy-duty construction equipment market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Asia-Pacific Heavy-Duty Construction Equipment Market by Machinery Type
5.1.1. Earth Moving Equipment
5.1.1.1. Cranes
5.1.1.2. Loader & Backhoe
5.1.1.3. Telescopic Handlers
5.1.1.4. Excavators
5.1.1.5. Others (Graders, Trencher)
5.1.2. Material Handling Equipment
5.1.2.1. Hoists
5.1.2.2. Conveyors
5.1.2.3. Forklifts
5.1.2.4. Others (Industrial Trucks)
5.1.3. Other Construction Equipment
5.1.3.1. Concrete Mixers
5.1.3.2. Road Rollers
5.1.3.3. Stone Crushers
5.1.3.4. Dumpers
5.1.3.5. Tippers & Trailers
5.1.3.6. Others (Slurry Seal Machines)
5.2. Asia-Pacific Heavy-Duty Construction Equipment Market by Applications
5.2.1. Excavation & Demolition
5.2.2. Heavy Lifting
5.2.3. Handling
5.2.4. Transportation
5.2.5. Recycling & Waste Management
5.2.6. Others (Tunneling)
5.3. Asia-Pacific Heavy-Duty Construction Equipment Market by Industry
5.3.1. Construction & Infrastructure
5.3.2. Manufacturing
5.3.3. Mining
5.3.4. Others (Oil & Gas)
6. Regional Analysis
6.1. Asia-Pacific
6.1.1. China
6.1.2. India
6.1.3. Japan
6.1.4. ASEAN
6.1.5. South Korea
6.1.6. Rest of Asia-Pacific
7. Company Profiles
7.1. ASTEC Industries Inc.
7.2. Caterpillar Inc.
7.3. Deere & Co.
7.4. Doosan Heavy Industries & Construction Co., Ltd.
7.5. Guangxi LiuGong Machinery Co., Ltd.
7.6. Hitachi Construction Machinery Co. Ltd.
7.7. Hyundai Heavy IndustriesCo. Ltd.
7.8. Komatsu Ltd.
7.9. Liebherr Group
7.10. Metso Corp.
7.11. Sany Heavy Industry Co., Ltd
7.12. Sumitomo Heavy Industries Ltd.
7.13. Terex Corp.
7.14. The Manitowoc Co., Inc.
7.15. Volvo Group
1. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
2. ASIA-PACIFIC EARTH MOVING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
3. ASIA-PACIFIC CRANES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
4. ASIA-PACIFIC LOADER & BACKHOE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
5. ASIA-PACIFIC TELESCOPIC HANDLERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
6. ASIA-PACIFIC EXCAVATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
7. ASIA-PACIFIC OTHERS EARTH MOVING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
8. ASIA-PACIFIC MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
9. ASIA-PACIFIC HOISTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
10. ASIA-PACIFIC CONVEYORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
11. ASIA-PACIFIC FORKLIFTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
12. ASIA-PACIFIC OTHER MATERIAL HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
13. ASIA-PACIFIC OTHER CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. ASIA-PACIFIC CONCRETE MIXERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
15. ASIA-PACIFIC ROAD ROLLERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. ASIA-PACIFIC STONE CRUSHERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. ASIA-PACIFIC DUMPERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. ASIA-PACIFIC TIPPERS & TRAILERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC OTHER HEAVY-DUTY CONSTRUCTION EQUIPMENTMARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC EXCAVATION & DEMOLITION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. ASIA-PACIFIC HEAVY LIFTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. ASIA-PACIFIC HANDLING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
24. ASIA-PACIFIC TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC RECYCLING & WASTE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC CONSTRUCTION & INFRASTRUCTURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
30. ASIA-PACIFIC MINING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
31. ASIA-PACIFIC OTHER INDUSTRIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
32. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
33. CHINA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
34. CHINA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
35. CHINA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
36. INDIA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
37. INDIA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
38. INDIA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
39. JAPAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
40. JAPAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
41. JAPAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
42. ASEAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
43. ASEAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
44. ASEAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
45. SOUTH KOREA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
46. SOUTH KOREA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
47. SOUTH KOREA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
48. REST OF ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY MACHINERY TYPE, 2020-2027 ($ MILLION)
49. REST OF ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2020-2027 ($ MILLION)
50. REST OF ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2020-2027 ($ MILLION)
1. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SHARE BY MACHINERY TYPE, 2020 VS 2027 (%)
2. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SHARE BY APPLICATION, 2020 VS 2027 (%)
3. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SHARE BY INDUSTRY, 2020 VS 2027(%)
4. ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SHARE BY COUNTRY, 2020 VS 2027(%)
5. CHINA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
6. INDIA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
7. JAPAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
8. ASEAN HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
9. SOUTH KOREA HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
10. REST OF ASIA-PACIFIC HEAVY-DUTY CONSTRUCTION EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
