LONDON, March 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
World Construction Machinery Market
World demand to rise 6% annually through 2017
Global demand for construction machinery is expected to grow 6.0 percent per year to $189 billion in 2017, accelerating from the 2007-2012 period. This expansion will be fueled primarily by continued growth in the Asia/Pacific region, particularly China, where the market will expand at a double-digit annual pace as construction spending, particularly on infrastructure projects, continues to grow.
Although 2012 construction equipment sales in Western Europe were weak due to a recession in many European Union countries and sovereign debt issues in several countries, the market will rebound through 2017 as operators replace outdated machinery with more advanced units in an improving environment for construction spending.
In contrast, strong 2012 sales in North America, particularly the United States, will result in recently slower average demand growth through 2017 given that many operators have replaced older machines in expectation of faster economic growth and greater construction spending. This activity will lead to a lull in replacement sales for the next few years.
Construction machinery sales increases in Central and South America will slow through 2017 after posting a strong expansion from 2007 through 2012, which was supported by significant investments in large mining projects in several countries. After suffering in 2012 due to economic recessions in several nations, market expansion in Eastern Europe will accelerate through 2017 as construction spending returns to healthier levels amid an improving economic landscape. Both Eastern Europe and Central and South America will experience moderate distortions in construction machinery demand going forward as Russia and Brazil, the largest markets in their respective regions, are each slated to hold an installment of the Olympics and the FIFA World Cup.
Excavators, loaders to be fastest growing products
Excavators and loaders will experience the fastest sales growth through 2017 as both construction spending and investment in mining projects climb. These products are both extremely versatile, as they can be used in a wide range of construction and mining applications, making them attractive machinery investments for operators in both developed and developing nations.
Demand for aftermarket parts and attachments will expand at the slowest pace of any product category through 2017 as more operators opt to purchase new machinery amid improving economic circumstances.
Study coverage
Details on these and other findings are contained in the upcoming Freedonia industry study, World Construction Machinery, priced at $6300. It presents historical demand data for 2002, 2007 and 2012, as well as forecasts for 2017 and 2022 by product, world region, and for 35 countries (see sample tables inside brochure). The study also considers key market environment factors, evaluates company market share, and profiles 39 competitors worldwide.
TABLE OF CONTENTS
INTRODUCTION xiii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Historical Trends 6
World Economic Outlook 8
World Population Overview 11
Population 12
Urban Population 14
World Construction Outlook 15
Nonbuilding 19
Residential Building 21
Nonresidential Building 23
Pricing Patterns 25
Legal & Regulatory Environment 30
Technology Trends 32
Used, Remanufactured, & Rented Machinery 36
III. WORLD SUPPLY & DEMAND 40
General 40
Regional Overview 41
Demand 41
Production 47
International Trade 51
Demand by Product 53
Loaders 56
Cranes & Draglines 59
Excavators 61
Dozers & Off-Highway Trucks 64
Mixers, Pavers, & Related Equipment 67
Graders, Rollers, & Related Equipment 70
Parts & Attachments 72
Rental & Leasing Markets 74
IV. NORTH AMERICA 77
General 77
Construction Machinery Supply & Demand 78
Construction Machinery Outlook & Suppliers 80
United States 84
Canada 90
Mexico 96
V. WESTERN EUROPE 103
General 103
Construction Machinery Supply & Demand 104
Construction Machinery Outlook & Suppliers 106
Germany 110
France 116
United Kingdom 122
Italy 128
Spain 134
Other Western Europe 139
Netherlands 147
Switzerland 148
Austria 149
Belgium 150
Finland 151
Sweden 152
All Other 154
VI. ASIA/PACIFIC 156
General 156
Construction Machinery Supply & Demand 157
Construction Machinery Outlook & Suppliers 159
China 163
Japan 170
India 176
South Korea 182
Australia 188
Indonesia 194
Other Asia/Pacific 200
Taiwan 207
Thailand 208
Malaysia 210
All Other 211
VII. OTHER REGIONS 213
Central & South America 213
General 213
Construction Machinery Supply & Demand 214
Construction Machinery Outlook & Suppliers 217
Brazil 220
Other Central & South America 226
Chile 233
Argentina 234
All Other 236
Eastern Europe 237
General 237
Construction Machinery Supply & Demand 238
Construction Machinery Outlook & Suppliers 240
Russia 244
Poland 250
Other Eastern Europe 256
Africa/Mideast 262
General 262
Construction Machinery Supply & Demand 263
Construction Machinery Outlook & Suppliers 265
Turkey 270
South Africa 271
Saudi Arabia 273
United Arab Emirates 274
Iran 275
Other 277
VIII. INDUSTRY STRUCTURE 279
General 279
Industry Composition 280
Market Share 283
Product Development & Manufacturing 290
Marketing & Distribution 292
Cooperative Agreements 294
Financial Requirements 305
Mergers & Acquisitions 306
Company Profiles 311
Altai Motor Plant, see Concern Tractor Plants
Ashok Leyland John Deere Construction Equipment, see
Deere
Astec Industries Incorporated 312
Atlas Copco AB 316
Automatisme Electrotechnique Services, see Groupe
Fayat
Belarusian Autoworks OJSC 318
Bell Equipment, see Deere
BEML Limited 320
Bobcat, see Doosan Infracore
BOMAG, see Groupe Fayat
Carlson Paving Products, see Astec Industries
Case New Holland Construction Equipment India, see
Fiat Industrial
Caterpillar Incorporated 322
CEI Enterprises, see Astec Industries
Changsha Zoomlion Heavy Industry Science and
Technology Development, see Zoomlion Heavy
Industry Science and Technology
Chelyabinsk Tractor Plant-Uraltrac Limited 328
Chengdu Kobelco Cranes, see Kobe Steel
Chicago Pneumatic Tool, see Atlas Copco
Ciber Equipamentos Rodoviários Limitada, see Wirtgen
CNH Global, see Fiat Industrial
Comoplesa Lebrero, see Hitachi and Tata Motors
Compagnia Italiana Forme Acciaio, see Zoomlion Heavy
Industry Science and Technology
Concern Tractor Plants NV 330
Concrete Equipment, see Oshkosh
Deere & Company 332
Deere-Hitachi Construction Machinery, see Deere and
Hitachi
Dillman Equipment, see Astec Industries
Doosan Infracore Company Limited 337
Dynapac, see Atlas Copco
Fiat Industrial SpA 341
Gehl, see Manitou
Groupe Fayat 345
Guangxi Cummins Engine, see Guangxi LiuGong
Machinery
Guangxi LiuGong Machinery Company Limited 348
Hamm, see Wirtgen
Heatec, see Astec Industries
Hensley Industries, see Komatsu
Herrenknecht AG 350
Hitachi Limited 353
Hitachi Sumitomo Heavy Industries Construction Crane,
see Hitachi and Sumitomo Heavy Industries
Hyundai Heavy Industries Company Limited 359
Intermix, see SANY Heavy Industry
Iowa Mold Tooling, see Oshkosh
JCB Limited 362
JLG Industries, see Oshkosh
Joseph Vögele, see Wirtgen
Kobe Steel Limited 365
Kobelco Construction Machinery America, see Fiat
Industrial
Kobelco Construction Machinery, see Kobe Steel
Komatsu Limited 369
Kubota Corporation 375
Kurganmashzavod, see Concern Tractor Plants
LBX, see Sumitomo Heavy Industries
Liebherr-International AG 378
Link-Belt Construction Equipment, see Sumitomo Heavy
Industries
London Machinery, see Oshkosh
Lonking Holdings Limited 382
L&T-Case Equipment, see Fiat Industrial
Manitou BF SA 384
Manitowoc Company Incorporated 386
McNeilus Companies, see Oshkosh
MHI-Duro Felguera, see Mitsubishi Heavy Industries
Mitsubishi Heavy Industries Limited 390
Mobile Crane Branch, see Zoomlion Heavy Industry
Science and Technology
Mustang Manufacturing, see Manitou
New Holland Kobelco Construction Machinery, see Fiat
Industrial
Oshkosh Corporation 393
PALFINGER AG 396
Perkins Engines, see Caterpillar
Promtractor, see Concern Tractor Plants
Putzmeister Holding, see SANY Heavy Industry
RM-Terex, see Terex
Roadtec, see Astec Industries
SANY Heavy Industry Company Limited 400
SCHWING, see Xuzhou Construction Machinery
Shaanxi Zoomlion Earth Working, see Zoomlion Heavy
Industry Science and Technology
Shandong Lingong Construction Machinery, see Volvo
Shanghai MHI Engine, see Mitsubishi Heavy Industries
Shantui Construction Machinery Company Limited 404
Sumitomo Heavy Industries Limited 406
Tadano Limited 409
Tata Hitachi Construction Machinery, see Hitachi and
Tata Motors
Tata Motors Limited 412
Telco Construction Equipment, see Hitachi and Tata
Motors
10G, see Caterpillar
Terex Corporation 414
Vietnam-Uraltrac Construction Machinery, see
Chelyabinsk Tractor Plant-Uraltrac
Vladimir Motor-Tractor Works, see Concern Tractor
Plants
Volvo AB 418
Wacker Neuson SE 422
Wirtgen Group 425
Xiamen XGMA Machinery Company Limited 428
Xuzhou Construction Machinery Group Company Limited 429
Xuzhou XCMG Doosan Engine, see Doosan Infracore
and Xuzhou Construction Machinery
Zoomlion Heavy Industry Science and Technology Company
Limited 432
Other Companies Mentioned in Study 435
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 11
2 World Population by Region 13
3 World Urban Population by Region 15
4 World Construction Expenditures by Type & Region 18
5 World Nonbuilding Construction Expenditures by Region 21
6 World Residential Building Construction Expenditures
by Region 23
7 World Nonresidential Building Construction Expenditures
by Region 25
8 World Construction Machinery Prices 29
SECTION III -- WORLD SUPPLY & DEMAND
1 World Construction Machinery Demand by Region 44
2 World Construction Machinery Shipments by Region 50
3 World Construction Machinery Net Exports by Region 53
4 World Construction Machinery Demand by Product 55
5 World Loader Demand by Region 58
6 World Crane & Dragline Demand by Region 61
7 World Excavator Demand by Region 64
8 World Dozer & Off-Highway Tractor Demand by Region 67
9 World Mixer, Paver, & Related Equipment Demand by Region 69
10 Grader, Roller, & Related Equipment Demand by Region 72
11 World Construction Machinery Parts & Attachments Demand
by Region 74
SECTION IV -- NORTH AMERICA
1 North America: Construction Machinery Supply & Demand 80
2 North America: Construction Machinery Demand by Product 83
3 United States: Construction Machinery Supply & Demand 87
4 United States: Construction Machinery Demand by Product 90
5 Canada: Construction Machinery Supply & Demand 93
6 Canada: Construction Machinery Demand by Product 96
7 Mexico: Construction Machinery Supply & Demand 99
8 Mexico: Construction Machinery Demand by Product 102
SECTION V -- WESTERN EUROPE
1 Western Europe: Construction Machinery Supply & Demand 106
2 Western Europe: Construction Machinery Demand by Product 109
3 Germany: Construction Machinery Supply & Demand 113
4 Germany: Construction Machinery Demand by Product 116
5 France: Construction Machinery Supply & Demand 119
6 France: Construction Machinery Demand by Product 122
7 United Kingdom: Construction Machinery Supply & Demand 125
8 United Kingdom: Construction Machinery Demand by Product 127
9 Italy: Construction Machinery Supply & Demand 131
10 Italy: Construction Machinery Demand by Product 133
11 Spain: Construction Machinery Supply & Demand 136
12 Spain: Construction Machinery Demand by Product 139
13 Other Western Europe: Construction Machinery Supply
& Demand 142
14 Other Western Europe: Construction Machinery Demand
by Product 145
15 Other Western Europe: Construction Machinery Supply
& Demand by Country 146
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Construction Machinery Supply & Demand 159
2 Asia/Pacific: Construction Machinery Demand by Product 162
3 China: Construction Machinery Supply & Demand 167
4 China: Construction Machinery Demand by Product 170
5 Japan: Construction Machinery Supply & Demand 173
6 Japan: Construction Machinery Demand by Product 175
7 India: Construction Machinery Supply & Demand 179
8 India: Construction Machinery Demand By Product 182
9 South Korea: Construction Machinery Supply & Demand 185
10 South Korea: Construction Machinery Demand by Product 188
11 Australia: Construction Machinery Supply & Demand 191
12 Australia: Construction Machinery Demand by Product 193
13 Indonesia: Construction Machinery Supply & Demand 197
14 Indonesia: Construction Machinery Demand by Product 200
15 Other Asia/Pacific: Construction Machinery Supply
& Demand 203
16 Other Asia/Pacific: Construction Machinery Demand
by Product 206
17 Other Asia/Pacific: Construction Machinery Supply
& Demand by Country 207
SECTION VII -- OTHER REGIONS
1 Central & South America: Construction Machinery Supply
& Demand 216
2 Central & South America: Construction Machinery Demand
by Product 219
3 Brazil: Construction Machinery Supply & Demand 223
4 Brazil: Construction Machinery Demand by Product 226
5 Other Central & South America: Construction Machinery
Supply & Demand 229
6 Other Central & South America: Construction Machinery
Demand by Product 232
7 Other Central & South America: Construction Machinery
Supply & Demand by Country 233
8 Eastern Europe: Construction Machinery Supply & Demand 240
9 Eastern Europe: Construction Machinery Demand by Product 243
10 Russia: Construction Machinery Supply & Demand 247
11 Russia: Construction Machinery Demand by Product 250
12 Poland: Construction Machinery Supply & Demand 253
13 Poland: Construction Machinery Demand by Product 255
14 Other Eastern Europe: Construction Machinery Supply
& Demand 258
15 Other Eastern Europe: Construction Machinery Demand
by Product 261
16 Africa/Mideast: Construction Machinery Supply & Demand 265
17 Africa/Mideast: Construction Machinery Demand by Product 268
18 Africa/Mideast: Construction Machinery Supply & Demand
by Country 269
SECTION VIII -- INDUSTRY STRUCTURE
1 Construction Machinery Sales for Selected Companies, 2012 282
2 Selected Cooperative Agreements 297
3 Selected Acquisitions & Divestitures 309
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
1 World Construction Expenditures by Region, 2012 19
2 World Construction Machinery Prices, 2002-2022 30
SECTION III -- WORLD SUPPLY & DEMAND
1 World Construction Machinery Demand by Region, 2012 45
2 World Construction Machinery: Projected 2012-2017 Annual
Rate of Growth 46
3 World Construction Machinery Shipments by Region, 2012 51
4 World Construction Machinery Demand by Product, 2012 56
SECTION IV -- NORTH AMERICA
1 North America: Construction Machinery Demand
by Country, 2012 84
SECTION V -- WESTERN EUROPE
1 Western Europe: Construction Machinery Demand
by Country, 2012 110
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Construction Machinery Demand
by Country, 2012 163
SECTION VII -- OTHER REGIONS
1 Central & South America: Construction Machinery Demand
by Country, 2012 220
2 Eastern Europe: Construction Machinery Demand
by Country, 2012 244
3 Africa/Mideast: Construction Machinery Demand
by Country, 2012 270
SECTION VIII -- INDUSTRY STRUCTURE
1 World Construction Machinery Market Share, 2012 284
Read the full report:
World Construction Machinery Market
http://www.reportbuyer.com/industry_manufacturing/construction/construction_equipment/world_construction_machinery_market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Construction_Equipment_and_Machinery
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Share this article