Global Construction Machinery market is valued approximately USD 146.17 billion in 2018 and is anticipated to grow with a growth rate of more than 7.5% over the forecast period 2019-2026. Construction machinery are those machineries and equipment that have major role in construction process. These are fundamental things required in construction industries. Construction machinery are also referred as heavy-duty vehicle those are designed for executing construction of roads, buildings or any other infrastructure. The machineries include crane, telescopic handling, excavator and others. Due, to its commendable application in construction industries this equipment has major demand and expected to increase with the rise in construction industries across the global. For instance: As per Statista, in public sector in 2016 the spending in construction sector was USD 292 billion and increased up to USD 302 billion in 2018 globally. US accounts for the largest share in construction industries and shows a total expenditure incurred in construction sector in US reached to USD 1293 Billion in 2019. Similarly, according to the Indian Brand Equity Foundation (IBEF), the real estate industry in India is expected to reach USD 1 trillion by 2030 from USD 120 billion in 2017 and contributed to the 13% of the country's GDP by 2025. In Addition, rising demand for machines those are cost effective and complied with low emission regulations is a lucrative opportunity for the growth of market over the forecast years. However, higher cost of construction machinery cost and faster depreciation is expected to hamper the growth of market over the forecast years.

The regional analysis of global Construction Machinery market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the fastest growing region in the global construction machinery due to the rapid growth in construction and real estate industry in the region. Similarly, it is expected to grow with faster rate over the upcoming years due to growing supportive government regulation regarding construction projects in the region.

Market player included in this report are:
Caterpillar Inc.
JCB India Limited
CNH Industrial NV
Hitachi Construction Machinery Co Ltd
Deere & Company
Kobelco Construction Machinery Co., Ltd
Komatsu Ltd
Mitsubishi Heavy Industries Ltd
Volvo Group
Doosan Infracore Co Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Machinery Type:

Crane
Telescopic Handlers
Excavator
Loader & Backbone
Motor Grader
Others

By Drive Type:

Hydraulic
Electric and Hybrid


By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026

Target Audience of the Global Construction Machinery Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors