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Global Equipment Market Report & Overview:

The Global Equipment Market size was estimated at USD 1113.90 billion in 2022 and is expected to reach USD 1587.74 billion by 2030 at a CAGR of 4.99% during the forecast period of 2023-2030.

In the equipment, the construction equipment market has been dominant in regions experiencing infrastructure development, urbanization, and construction projects. Countries with robust construction sectors have seen high demand for heavy machinery and construction equipment, including excavators, bulldozers, and cranes. Agriculture equipment has been dominant in regions with large agricultural sectors. The need for efficient and mechanized farming, driven by the growing global population and the need to increase food production, has led to the dominance of this market. Tractors, combines, and irrigation systems are among the key equipment in this sector.

Global Equipment Market Revenue Analysis

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Construction aggregates are a key component of the construction industry, serving as the foundational materials for building and infrastructure projects. These materials are granular substances, often mined from natural resources like quarries and riverbeds, and they are typically composed of sand, gravel, crushed stone, or recycled concrete.

MARKET DYNAMICS

DRIVERS

  • Global infrastructure development is expanding, as is the demand for compact construction equipment.

Growing urbanization, population growth, technology improvements, the need to modernize existing infrastructure, and a greater emphasis on building sustainable green projects are driving the industry's growth. Furthermore, the construction equipment market has developed gradually as new equipment sales have increased as a result of increased construction projects and projected new investments in the construction sector.

  •  Strict Safety Requirements

Snow removal requirements at airports have been tightened by government agencies and aviation authorities. This increases the requirement for specialist equipment that complies with safety standards.

  •  Technological advancements

Technological advancements have resulted in the development of more efficient and environmentally friendly snow removal equipment. Automated controls, GPS integration, and lower emissions make the equipment more appealing to airports.

RESTRAIN

  • International trade policies and relations may restrict the growth of the mining machinery market.

  • Environmental imbalance

Construction equipment is the major source of ozone emissions, thus resulting in the deterioration of air quality. The emissions generated from this equipment, such as nitrogen oxides (NOx), Volatile Organic Compound (VOC), and carbon monoxide (CO), adversely affect the environment causing environmental imbalance across rural and urban areas. Moreover, mining equipment operating at the mining sites is another source of significant ozone emissions.

OPPORTUNITY 

  • Applicable to a variety of infrastructures

The rise in demand for gardening equipment for a variety of infrastructures, such as sports fields, public parks, and golf courses, among others, influenced the market over the projection period. The increase in demand for landscaping services in emerging economies contributes to market growth.

  • The government requires telematics and e-call services.

The construction equipment market is seeing significant technological improvements in order to produce more optimal and reliable goods. The off-highway business is gradually embracing self-driving technologies. Construction operations are ideal for autonomous machines since they are repetitive, physical,  precise, and time-sensitive. As a result, there is a greater demand for automation in construction equipment. Manufacturers are developing wireless, self-driving construction machines.

CHALLENGES

  • Estimation of the equipment costs maintenance

Whether the equipment is new or used, maintaining it operational is critical. You cannot achieve your project objectives unless your equipment is properly maintained. As a result, many construction companies maintain their equipment to minimize unforeseen delays and low production.

  • Getting Used to New Equipment

As manufacturers build more sophisticated equipment, there is a greater need for personnel to be trained on how to utilize it effectively. Simply said, new equipment frequently entails new controls, so it's critical that operators understand how they function. Even if the equipment lacks complex software and new controls, it is highly important that personnel be thoroughly trained to operate the apparatus.

  • Changing emission standards and regulations

The implementation of these standards has the potential to reduce sales of construction and agricultural machinery. Adapting to new emission regulations demands significant research and development efforts. The varied requirements of each market increase complexity, notably in the design of components, particularly engines.

  • Facing equipment depreciation

IMPACT OF RUSSIAN-UKRAINE WAR

The Russia-Ukraine war had a positive and negative impact on the equipment market according to the research conducted, such as the war has hampered supply chains and hampered production of certain equipment components. This has caused price variations in raw materials used in equipment manufacturing. Also, the prolonged conflict has produced geopolitical uncertainty, which might have an impact on investment decisions and global economic stability. This uncertainty can have a domino impact on a variety of businesses, including the equipment industry. The impact of the conflict on transportation networks, particularly in Eastern Europe, has had an influence on the logistics and transportation equipment markets. Supply chain delays and interruptions have significance for the transportation industry. Moreover, the crisis has damaged Russian-Western economic and trade relations, impacting bilateral commerce and investment. This may have an indirect impact on several equipment markets. Sanctions on Russia and certain Ukrainian businesses may limit commerce in construction equipment and associated technologies. Companies may encounter difficulties when exporting or importing equipment. The impact of the war on energy markets, particularly in Europe, may have an impact on the operating expenses of construction equipment. Energy price fluctuations can have an impact on fuel expenses and the overall cost of running machinery. The economic effects of the war, as well as shifting priorities, may affect demand for construction equipment and other equipment in some countries, for example, may restrict commercial building investments while increasing spending on defense-related infrastructure. The war's influence on transportation routes and logistics can have an impact on the movement of construction equipment to project locations, perhaps creating delays or additional expenditures.

IMPACT OF ONGOING RECESSION

An ongoing recession has a significant impact on the equipment market differently in different countries due to different equipment economic structures, industry compositions, and policy responses. During a recession, some conflicts involve that companies may postpone or cancel scheduled equipment purchases in order to save money and avoid financial risk. The construction industry is especially vulnerable to economic downturns. During a recession, there is often a fall in demand for new construction projects, which leads to a decrease in demand for construction equipment also, manufacturers may reduce production due to lower demand for their products. This may result in a decrease in demand for manufacturing equipment and machinery. Currency fluctuations and economic insecurity in impacted regions might have an impact on the cost of imported construction equipment and other equipment. The government stimulus programs and infrastructure spending efforts can help to mitigate some of the negative consequences of a recession. In an effort to remain competitive and cost-efficient during a recession, businesses may invest in more advanced and efficient equipment to improve productivity and reduce operating expenses. In a positive recession impact, companies may focus on maintaining and repairing their existing equipment rather than buying new machinery during the recession, this can lead to increased demand for maintenance and repair services. Such as the India’s construction equipment industry turned in its best performance with 26% year-on-year growth in FY 2023 as sales crossed the one lakh units mark driving on road construction.

KEY MARKET SEGMENTATION

  • By Agriculture Equipment

    • Agriculture Equipment By Type (Value)

      • Agriculture Tractors

      • Harvesting Equipment

      • Irrigation & Crop Processing Equipment

      • Agriculture Spraying & Handling Equipment

      • Soil Preparation & Cultivation Equipment

      • Others (Hay & Forage Equipment, Trailers)

    • Agriculture Equipment By Type (Volume)

      • Agriculture Tractors

      • Harvesting Equipment

      • Irrigation & Crop Processing Equipment

      • Agriculture Spraying & Handling Equipment

      • Soil Preparation & Cultivation Equipment

      • Others (Hay & Forage Equipment, Trailers)

  • By Snow Removal Equipment

    • Snow removal Equipment By Type (Value)

      • Loaders

      • Blowers

      • Displacement Plows

      • Rotary Brooms De-Icers

      • Sprayer Trucks

      • Spreaders

    • Snow removal Equipment By Type (Volume)

      • Loaders

      • Blowers

      • Displacement Plows

      • Rotary Brooms De-Icers

      • Sprayer Trucks

      • Spreaders

  • By Paving Equipment

    • Paving Equipment By Type(Value)

      • Wheel Paving Equipment

      • Tracker Paving Equipment

    • Paving Equipment By Type(Volume)

      • Wheel Paving Equipment

      • Tracker Paving Equipment

  • By Waste Management Equipment

    • Waste Management Equipment By Type(Value)

      • Waste Disposal Equipment

      • Waste Recycling & Sorting Equipment

    • Waste Management Equipment By Type (Volume)

      • Waste Disposal Equipment

      • Waste Recycling & Sorting Equipment

  • By Construction Equipment

    • Construction Equipment By Type (Value)

      • Earthmoving Equipment

      • Material Handling Equipment & Cranes

      • Concrete Equipment

      • Road Building Equipment

      • Civil Engineering Equipment

      • Crushing and Screening Equipment

      • Other Equipment

    • Construction Equipment By Type (Volume)

      • Earthmoving Equipment

      • Material Handling Equipment & Cranes

      • Concrete Equipment

      • Road Building Equipment

      • Civil Engineering Equipment

      • Crushing and Screening Equipment

      • Other Equipment

  • By Demolition Equipment

    • Demolition Equipment By Type (Value)

      • Demolition Excavators

      • Demolition Robot

    • Demolition Equipment By Type (Volume)

      • Demolition Excavators

      • Demolition Robot

  • By Forestry Equipment

    • Forestry Equipment By Type ( Value)

      • Felling Equipment

      • Extracting Equipment

      • On-Site Processing Equipment

      • Separately Sold Parts and Attachments

      • Other Forestry Equipment 

    • Forestry Equipment By Type ( Volume)

      • Felling Equipment

      • Extracting Equipment

      • On-Site Processing Equipment

      • Separately Sold Parts and Attachments

      • Other Forestry Equipment

  • By Gardening Equipment

    • Gardening Equipment By Type(Value)

      • Lawn Mowers

      • Handheld Power Tools

      • Hand Tools & Wheeled Implements

      • Water Equipment

    • Gardening Equipment By Type (Volume)

      • Lawn Mowers

      • Handheld Power Tools

      • Hand Tools & Wheeled Implements

      • Water Equipment

  • By Mining Equipment

    • Mining Equipment By Type (Value)

      • Underground Mining Equipment

      • Surface Mining Equipment

    • Mining Equipment By Type (Volume)

      • Underground Mining Equipment

      • Surface Mining Equipment

  • By Scrap Metal Recycling Equipment

    • Scrap Metal Recycling Equipment By Type (Value)

      • Sorting Systems

      • Metal Shredders

    • Scrap Metal Recycling Equipment By Type (Volume)

      • Sorting Systems

      • Metal Shredders

  • By Construction Aggregates

    • Construction Aggregates By Type (Value)

      • Sand

      • Gravel

      • Crushed Stone

    • Construction Aggregates By Type (Volume)

      • Sand

      • Gravel

      • Crushed Stone

Global Equipment Market Segmentation Analysis

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REGIONAL ANALYSES

The revenue generated by agriculture equipment at the global level is USD 174.9 billion in 2022 with a rapid CAGR of 5.47% and is expected to reach USD 257.0 billion in 2030. Agriculture equipment’s Asia Pacific region holds the highest revenue contribution of USD 64.16 billion in 2022 because the rapid pace of urbanization has given rise to a pressing need for enhanced agricultural productivity in order to sustain the growing population. Consequently, governments are actively investing in the modernization of farming practices and providing incentives to encourage the adoption of advanced machinery. After that Europe contributed the second largest revenue USD 45.60 million in 2022. The North American region is dominated by snow removal equipment which contributed revenue of USD 30.222 Million in 2022 and it's expected to reach USD 46.158 million in 2030 with a compound annual growth rate of 5.40%. and after that, Europe will contribute 22.044 million in 2022 which is the second highest contributing region for snow Removal equipment. Snowfall in these regions causes significant disruptions to transportation systems, leading to adverse impacts on businesses and daily commutes. Consequently, North America and Europe hold a substantial share in the global snow removal equipment.

The global waste management equipment generated revenue of USD 17154 million in 2022 with a compound annual growth rate of 3.75% is expected to reach USD 22370 million In 2030, in waste management equipment North America region contributed the highest revenue of USD 5146.3 million In 2022 because of The substantial amount of waste generated in the United States, Canada, and Mexico has led to an increased demand for waste management equipment to effectively handle this issue. and Europe contributed the second largest revenue in 2022 USD 4288.5 million. The global construction aggregates equipment industry generated a staggering revenue of USD 381.00 billion in 2022, with projections soaring to USD 512.60 billion by 2030. Notably, the APAC region emerged as the dominant force, contributing a substantial USD 142.11 billion in 2022. Following closely behind, the North American region made a significant contribution of USD 94.75 billion in 2022, with expectations of reaching USD 127.48 billion by 2030.

REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Market Players listed in the report are as per the Equipment Type are as Follows,

Key players listed for Agriculture Equipment Market are AGCO CORPORATION (U.S.), LAMO GROUP INC. (U.S.),   CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (CHINA), CNH INDUSTRIAL N.V. (U.K.), CLAAS KGAA GMBH (JAPAN), DEERE & COMPANY (U.S.), KUBOTA CORPORATION (JAPAN), MAHINDRA & MAHINDRA (INDIA), SDF S.P.A. (ITALY), VALMONT INDUSTRIES INC. (U.S.), and Others
Key players listed for Snow Removal Equipment market are HENKE MANUFACTURING CORPORATION, ALAMO GROUP INC., TEAM EAGLE, ASH GROUP, KODIAK AMERICA, SHENYANG DEHENG, PALADIN ATTACHMENTS, DIMA, VICON, WAUSAU-EVEREST, and other players.
Key players listed for Paving Equipment market are NGERSOLL RAND, LEEBOY, VOGELE, DYNAPAC, ROADTEC, TEREX ROAD BUILDING, CATERPILLAR, BOMAG, ATLAS COPCO, VOLVO CONSTRUCTION EQUIPMENT, and others
Key players listed for Waste Management Equipment Market DOVER CORPORATION (U.S.), MORITA HOLDINGS CORPORATION (JAPAN), WASTEQUIP LLC (U.S.), OSHKOSH CORPORATION (U.S.), SIERRA INTERNATIONAL, MACHINERY LLC (U.S.), JCB (U.K.), KIRCHOFF GROUP (GERMANY), WASTE CONNECTIONS (U.S.), ENERPATGROUP UK LTD (U.K.), CATERPILLAR INC (U.S.), and other players.
Key players listed for Construction Equipment market are AB VOLVO (SWEDEN), CATERPILLAR INC. (U.S.), KOMATSU LTD. (JAPAN), DOOSAN, INFRACORE CO. LTD. (SOUTH KOREA), HITACHI CONSTRUCTION MACHINERY CO., LTD. (JAPAN), J.C. BAMFORD EXCAVATORS LTD. (U.K.), LIEBHERR GROUP (SWITZERLAND), CNH INDUSTRIAL N.V. (U.K.), HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD. (SOUTH KOREA), SANY GROUP (CHINA), and other players.
Key players listed for Demolition Equipment market are AB VOLVO (SWEDEN), BROKK AB, CATERPILLAR INC., GIANT HYDRAULIC TECH CO., LTD., HITACHI CONSTRUCTION MACHINERY CO., LTD., HUSQVARNA AB, KOMATSU LTD., LIEBHERR, SHERPA MINI-LOADERS B.V., TOPTEC SPEZIALMASCHINEN GMBH, and other players.
Key players listed for Forestry Equipment market are JOHN DEERE, KOMATSU LTD., VOLVO CE, HITACHI CONSTRUCTION MACHINERY CO. LTD., BARKO HYDRAULICS LLC., DOOSA INFRACORE NORTH AMERICA LLC., KESLA OYJ, PONSSE OYJ, ROTTNE INDUSTRI AB., ECO LOG SWEDEN AB, and other players.
Key players listed for Gardening Equipment market are ARIENS COMPANY, AMERICAN HONDA MOTOR CO. INC., BRIGGS STRATTON, DEERE & COMPANY, FALCON GARDEN TOOLS, FISKARS, HUSQVARNA GROUP, ROBERT BOSCH GMBH, ROBOMOW FRIENDLY HOUSE, THE TORO COMPANY, and other players.
Key players listed for Mining Equipment market are EPIROC, BOART LONG YEAR LTD, CATERPILLAR INC, CHINA COAL ENERGY GROUP CO. LTD, VIPEAK MINING MACHINERY CO. LTD, GUANGDONG LEIMENG INTELLIGENT EQUIPMENT GROUP CO. LTD, HENAN BAICHY MACHINERY EQUIPMENT CO. LTD, KOMATSU LTD, LIEBHERR, METSO, QUTOTEC, and other players.
Key players listed for Scrap Metal Recycling Equipment Market are METSO, ZB GROUP, HITACHI CONSTRUCTION MACHINERY, JMC RECYCLING SYSTEMS, ADVANCE HYDRAU TECH, RECYCLING EQUIPMENT MANUFACTURING, IRON AX, LEFORT, GREEN MACHINE, MSS INC., and other players.
Key players listed for Construction Aggregates market are VULCAN MATERIALS COMPANY, HEIDELBERGCEMENT AG, LAFARGEHOLCIM LTD, CRH PLC, CEMEX S.A.B. DE, and other players.

Hitachi, Ltd-Company Financial Analysis

RECENT DEVELOPMENT

Clairemont Equipment Company: In March 2023, collaborated with Komatsu to expand its geographical presence in Los Angeles.

Epiroc AB (Sweden): In June 2023, Epiroc AB (Sweden), a prominent producer of products for reverse circulation (RC) drilling, finalized the acquisition of the principal assets of Schramm Australia. The assets consist of intellectual property, two manufacturing sites close to Perth, two service sites in Queensland and South Australia, and Epiroc.

Caterpillar Inc.:  In June 2023, The new Cat 995 Wheel Loader, boosted productivity over the previous model by up to 19% and increased hydraulic force by 6% while maintaining an equivalent hydraulic cycle time, according to an announcement from Caterpillar Inc. Additionally, it provides up to a 13% reduction in hourly fuel use and an extra 8% improvement in efficiency.

USE CASES AND BEST PRACTICES

Waste management is a major issue for metropolitan places all over the world. For effective and sustainable garbage disposal, recycling, and environmental preservation, the right waste management methods and equipment are required. To demonstrate the advantages and difficulties of modernizing waste management infrastructure, this case study examines the application of sophisticated waste management technology in the fictional city of Greenville.
Real-world-Case-Study of an Indian Automaker with practical management applications.

USE CASES:

The mid-sized city of Greenville, which has 200,000 citizens, has been struggling with waste management problems for years. The antiquated and ineffective trash collection and disposal methods contributed to rising landfill use and environmental issues. The municipal administration made the decision to spend money on cutting-edge tools and technology for waste management, in order to deal with these issues.

Challenges:

  • Initial Investment: Putting innovative waste management technology in place required a sizable up-front investment. The local administration has trouble getting financing.

  • Public Awareness and Participation: It took significant public education and outreach efforts to persuade households to take part in recycling and garbage separation programs.

  • Maintenance and Training: To guarantee the systems' continuous performance, regular maintenance and specific training for equipment operators were required.

Key Objectives:

  • Encourage recycling and minimize the use of landfills.

  • Improve garbage collection effectiveness while cutting expenses.

  • reduce negative environmental effects while enhancing public health.

Implementing cutting-edge waste management technology:

  • Smart garbage Bins:

Smart garbage bins with sensors to track waste levels were introduced in Greenville. The city's trash management staff received real-time data from these bins, allowing for better collection routes and timetables. Additionally, by identifying high-traffic locations and allocating resources accordingly, the city was able to lower operational expenses.

  • Automated Sorting Systems:

To process recyclables effectively, a cutting-edge trash sorting plant was built. In order to sift commodities like paper, plastic, glass, and metals, advanced robotic systems were used. With this automation, recycling rates went up and pollution in recycling streams went down.

  • Composting equipment:

To turn organic waste into nutrient-rich compost, composting equipment was built in residential areas. Organic garbage and other rubbish were separated by residents. The city's requirement for chemical fertilizers was decreased by using the generated compost in nearby parks and gardens.

Results and Impact:

  • Reduced Landfill Consumption: Within the first year, Greenville's landfill consumption dropped by 30%, resulting in significant cost savings.

  • Increased Recycling Rates: As a consequence of enhanced sorting and collecting methods, recycling rates rose from 25% to 50%.

  • Environmental Benefits: Less waste was disposed of in landfills, and recycling rates rose, which reduced greenhouse gas emissions and enhanced air and water quality.

  • Better waste management tools decreased the likelihood of disease outbreaks linked to inappropriate garbage disposal, improving public health.

    Global Equipment Market Report Market:

    Report Attributes Details
    Market Size in 2022  USD 1113.90 billion
    Market Size by 2030  USD 1587.74 billion
    CAGR   CAGR of4.99%  From 2023 to 2030
    Base Year  2022
    Forecast Period  2023-2030
    Historical Data  2019-2021
    Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
    Key Segments •  By Agriculture Equipment
    •  By Snow Removal Equipment
    •  By Paving Equipment
    •  By Waste Management Equipment
    •  By Construction Equipment
    •  By Demolition Equipment
    •  By Forestry Equipment
    •  By Gardening Equipment
    •  By Scrap Metal Recycling Equipment
    •  By Construction Aggregate
    Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
    Key Drivers •Global infrastructure development is expanding, as is the demand for compact construction equipment.

    Growing urbanization, population growth, technology improvements, the need to modernize existing infrastructure, and a greater emphasis on building
    sustainable green projects are driving the industry's growth. Furthermore, the construction equipment market has developed gradually as new equipment
    sales have increased as a result of increased construction projects and projected new investments in the construction sector.

    •Strict Safety Requirements
    Market Restraints • International trade policies and relations may restrict the growth of the mining machinery market.
    • Environmental imbalance

     

Frequently Asked Questions

The Global Equipment Market is expected to grow at 4.99% CAGR from 2023 to 2030.

According to our analysis, the Global Equipment Market is anticipated to reach USD 1587.74 billion By 2030.

Equipment can range from heavy machinery like excavators and tractors to medical devices, manufacturing equipment, electronics, and much more. The specific types of equipment vary depending on the industry.

Common challenges include customs regulations, tariffs and duties, shipping logistics, currency exchange rates, language barriers, and compliance with international standards.

Yes, you may request customization based on your company's needs.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 Impact of the Russia-Ukraine War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

4.2.2.7 Japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Global Equipment Market, By Agriculture Equipment

8.1 Agriculture Equipment By Type (Value)

8.1.1.1  Agriculture Tractors

8.1.1.2 Harvesting Equipment

8.1.1.3 Irrigation & Crop Processing Equipment

8.1.1.4 Agriculture Spraying & Handling Equipment

8.1.1.5 Soil Preparation & Cultivation Equipment

8.1.1.6 Others (Hay & Forage Equipment, Trailers)

8.1.2 Agriculture Equipment By Type(Volume)

8.1.2.1 Agriculture Tractors

8.1.2.2 Harvesting Equipment

8.1.2.3 Irrigation & Crop Processing Equipment

8.1.2.4 Agriculture Spraying & Handling Equipment

8.1.2.5 Soil Preparation & Cultivation Equipment

8.1.2.6 Others (Hay & Forage Equipment, Trailers)

8.2 Global Equipment Market, By Snow Removal Equipment

8.2.1 Snow removal Equipment By Type(Value)

8.2.1.1 Loaders

8.2.1.2 Blowers

8.2.1.3 Displacement Plows

8.2.1.4 Rotary Brooms De-Icers

8.2.1.5 Sprayer Trucks

8.2.1.6 Spreaders

8.2.2 Snow removal Equipment By Type(Volume)

8.2.1.1 Loaders

8.2.1.2 Blowers

8.2.1.3 Displacement Plows

8.2.1.4 Rotary Brooms De-Icers

8.2.1.5 Sprayer Trucks

8.2.1.6 Spreaders

8.3 Global Equipment Market, By Paving Equipment

8.3.1 Paving Equipment By Type(Value)

8.3.1.1 Wheel Paving Equipment

8.3.1.2 Tracker Paving Equipment

8.3.2 Paving Equipment By Type(Volume)

8.3.1.1 Wheel Paving Equipment

8.3.1.2 Tracker Paving Equipment

8.4 Global Equipment Market, By Waste Management Equipment

8.4.1Waste Management Equipment By Type(Value)

8.4.1.1 Waste Disposal Equipment

8.4.1.2 Waste Recycling & Sorting Equipment

8.4.2 Waste Management Equipment By Type (Volume)

8.4.2.1 Waste Disposal Equipment

8.4.2.2 Waste Recycling & Sorting Equipment

8.5 Global Equipment Market, By Construction Equipment

8.5.1 Construction Equipment By Type( Value)

8.5.1.1 Earthmoving Equipment

8.5.1.2 Material Handling Equipment & Cranes

8.5.1.3 Concrete Equipment

8.5.1.4 Road Building Equipment

8.5.1.5 Civil Engineering Equipment

8.5.1.6 Crushing and Screening Equipment

8.5.1.7 Other Equipment

8.5.2 Construction Equipment By Type( Volume)

8.5.2.1 Earthmoving Equipment

8.5.2.2 Material Handling Equipment & Cranes

8.5.2.3 Concrete Equipment

8.5.2.4 Road Building Equipment

8.5.2.5 Civil Engineering Equipment

8.5.2.6 Crushing and Screening Equipment

8.5.2.7 Other Equipment

8.6 Global Equipment Market, By Demolition Equipment

8.6.1 Demolition Equipment By Type( Value)

8.6.1.1 Demolition Excavators

8.6.1.2 Demolition Robot

8.6.2 Demolition Equipment By Type(Volume)

8.6.2.1 Demolition Excavators

8.6.2.2 Demolition Robot

8.7 Global Equipment Market, By Forestry Equipment

8.7.1 Forestry Equipment By Type ( Value)

8.7.1.1 Felling Equipment

8.7.1.2 Extracting Equipment

8.7.1.3 On-Site Processing Equipment

8.7.1.4 Separately Sold Parts and Attachments

8.7.1.5 Other Forestry Equipment 

8.7.2  Forestry Equipment By Type ( Volume)

8.7.2.1 Felling Equipment

8.7.2.2 Extracting Equipment

8.7.2.3 On-Site Processing Equipment

8.7.2.4 Separately Sold Parts and Attachments

8.7.2.5 Other Forestry Equipment

8.8 Global Equipment Market, By Gardening Equipment

8.8.1 Gardening Equipment By Type(Value)

8.8.1.1 Lawn Mowers

8.8.1.2 Handheld Power Tools

8.8.1.3 Hand Tools & Wheeled Implements

8.8.1.4 Water Equipment

8.8.2 Gardening Equipment By Type (Volume)

8.8.2.1 Lawn Mowers

8.8.2.2 Handheld Power Tools

8.8.2.3 Hand Tools & Wheeled Implements

8.8.2.4 Water Equipment

8.9 Global Equipment Market, By Mining Equipment

8.9.1 Mining Equipment By Type (Value)

8.9.1.1 Underground Mining Equipment

8.9.1.1 Surface Mining Equipment

8.9.2 Mining Equipment By Type (Volume)

8.9.2.1 Underground Mining Equipment

8.9.2.1 Surface Mining Equipment

8.10 Global Equipment Market, By Scrap Metal Recycling Equipment

8.10.1 Scrap Metal Recycling Equipment By Type (Value)

8.10.1.1 Sorting Systems

8.10.1.2 Metal Shredders

8.10.2  Scrap Metal Recycling Equipment By Type (Volume)

8.10.2.1 Sorting Systems

8.10.2.2 Metal Shredders

8.11 Global Equipment Market, By Construction Aggregates

8.11.1 Construction Aggregates By Type(Value)

8.11.1.1 Sand

8.11.1.2 Gravel

8.11.1.3 Crushed Stone

8.11.2 Construction Aggregates By Type(Volume)

8.11.2.1 Sand

8.11.2.2 Gravel

8.11.2.3 Crushed Stone

9. Regional Analysis

9.1 Introduction

9.2 North America

9.2.1 North America Equipment Market By Country

9.2.2 North America Equipment Market By Agriculture Equipment

9.2.3 North America Equipment Market By Snow Removal Equipment

9.2.4 North America Equipment Market By Paving Equipment

9.2.5 North America Equipment Market By Waste Management Equipment

9.2.6 North America Equipment Market By Construction Equipment

9.2.7 North America Equipment Market By Demolition Equipment

9.2.8 North America Equipment Market By Forestry Equipment

9.2.9 North America Equipment Market By Gardening Equipment

9.2.10 North America Equipment Market By Scrap Metal Recycling Equipment

9.2.11 North America Equipment Market By Construction Aggregate

9.3 Europe

9.3.1 Eastern Europe

9.3.1.1 Eastern Europe Equipment Market By Country

9.3.1.2 Eastern Europe Equipment Market By Agriculture Equipment

9.3.1.3 Eastern Europe Equipment Market By Snow removal Equipment

9.3.1.4 Eastern Europe Equipment Market By Paving Equipment

9.3.1.5 Eastern Europe Equipment Market By Waste Management Equipment

9.3.1.6 Eastern Europe Equipment Market By Construction Equipment

9.3.1.7 Eastern Europe Equipment Market By Demolition Equipment

9.3.1.8 Eastern Europe Equipment Market By Forestry Equipment

9.3.1.9 Eastern Europe Equipment Market By Gardening Equipment

9.3.1.10 Eastern Europe Equipment Market By Scrap Metal Recycling Equipment

9.3.1.11 Eastern Europe Equipment Market By Construction Aggregate

9.3.2 Western Europe

9.3.2.1 Western Europe Equipment Market By Country

9.3.2.2 Western Europe Equipment Market By Agriculture Equipment

9.3.2.3 Western Europe Equipment Market By Snow removal Equipment

9.3.2.4 Western Europe Equipment Market By Paving Equipment

9.3.2.5 Western Europe Equipment Market By Waste Management Equipment

9.3.2.6 Western Europe Equipment Market By Construction Equipment

9.3.2.7 Western Europe Equipment Market By Demolition Equipment

9.3.2.8 Western Europe Equipment Market By Forestry Equipment

9.3.2.9 Western Europe Equipment Market By Gardening Equipment

9.3.2.10 Western Europe Equipment Market By Scrap Metal Recycling Equipment

9.3.2.11 Western Europe Equipment Market By Construction Aggregate

9.4 Asia-Pacific

9.4.1 Asia-Pacific Equipment Market By Country

9.4.2 Asia-Pacific Equipment Market By Agriculture Equipment

9.4.3 Asia-Pacific Equipment Market By Snow removal Equipment

9.4.4 Asia-Pacific Equipment Market By Paving Equipment

9.4.5 Asia-Pacific Equipment Market By Waste Management Equipment

9.4.6 Asia-Pacific Equipment Market By Construction Equipment

9.4.7 Asia-Pacific Equipment Market By Demolition Equipment

9.4.8 Asia-Pacific Equipment Market By Forestry Equipment

9.4.9 Asia-Pacific Equipment Market By Gardening Equipment

9.4.10 Asia-Pacific Equipment Market By Scrap Metal Recycling Equipment

9.4.11 Asia-Pacific Equipment Market By Construction Aggregate

9.5 The Middle East & Africa

9.5.1 Middle East

9.5.1.1 Middle East Equipment Market By Country

9.5.1.2 Middle East Equipment Market By Agriculture Equipment

9.5.1.3 Middle East Equipment Market By Snow removal Equipment

9.5.1.4 Middle East Equipment Market By Paving Equipment

9.5.1.5 Middle East Equipment Market By Waste Management Equipment

9.5.1.6 Middle East Equipment Market By Construction Equipment

9.5.1.7 Middle East Equipment Market By Demolition Equipment

9.5.1.8 Middle East Equipment Market By Forestry Equipment

9.5.1.9 Middle East Equipment Market By Gardening Equipment

9.5.1.10 Middle East Equipment Market By Scrap Metal Recycling Equipment

9.5.1.11 Middle East Equipment Market By Construction Aggregate

9.5.2 Africa

9.5.2.1 Africa Equipment Market By Country

9.5.2.2 Africa Equipment Market By Agriculture Equipment

9.5.2.3 Africa Equipment Market By Snow removal Equipment

9.5.2.4 Africa Equipment Market By Paving Equipment

9.5.2.5 Africa Equipment Market By Waste Management Equipment

9.5.2.6 Africa Equipment Market By Construction Equipment

9.5.2.7 Africa Equipment Market By Demolition Equipment

9.5.2.8 Africa Equipment Market By Forestry Equipment

9.5.2.9 Africa Equipment Market By Gardening Equipment

9.5.2.10 Africa Equipment Market By Scrap Metal Recycling Equipment

9.5.2.11 Africa Equipment Market By  Construction Aggregate

9.6 Latin America

9.6.1 Latin America Equipment Market By Country

9.6.2 Latin America Equipment Market By Agriculture Equipment

9.6.3 Latin America Equipment Market By Snow Removal Equipment

9.6.4 Latin America Equipment Market By Paving Equipment

9.6.5 Latin America Equipment Market By Waste Management Equipment

9.6.6 Latin America Equipment Market By Construction Equipment

9.6.7 Latin America Equipment Market By Demolition Equipment

9.6.8 Latin America Equipment Market By Forestry Equipment

9.6.9  Latin America Equipment Market By Gardening Equipment

9.6.10  Latin America Equipment Market By Scrap Metal Recycling Equipment

9.6.11  Latin America Equipment Market By  Construction Aggregate

10. Company Profile

10.1 Company proflie of  Agriculture Equipment

10.1.1 AGCO CORPORATION (U.S.)

10.1.2 Company Overview

10.1.3 Financials

10.1.4 Product/Services/Offerings

10.1.5 SWOT Analysis

10.1.6 The SNS View

10.1.1.2 ALAMO GROUP INC. (U.S.)

10.1.1.3  CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (CHINA)  

10.1.1.4 CNH INDUSTRIAL N.V. (U.K.)

10.1.1.5 CLAAS KGAA GMBH (JAPAN)

10.1.1.6 DEERE & COMPANY (U.S.)

10.1.1.7 KUBOTA CORPORATION (JAPAN)

10.1.1.8 MAHINDRA & MAHINDRA (INDIA)

10.1.1.9 SDF S.P.A. (ITALY)

10.1.1.10  VALMONT INDUSTRIES INC. (U.S.)

10.2  Company proflie of  Snow Removal Equipment market

10.2.1 HENKE MANUFACTURING CORPORATION

10.2.1.1 Company Overview

10.2.1.2 Financials

10.2.1.3 Product/Services/Offerings

10.2.1.4 SWOT Analysis

10.2.1.5 The SNS View

10.2.1.2 ALAMO GROUP INC.

10.2.1.3 TEAM EAGLE

10.2.1.4 ASH GROUP

10.2.1.5 KODIAK AMERICA

10.2.1.6 SHENYANG DEHENG

10.2.1.7 PALADIN ATTACHMENTS

10.2.1.8  DIMA

10.2.1.9 VICON

10.2.1.10  WAUSAU-EVEREST

10.3 Company proflie of  Paving Equipment market

10.3.1 NGERSOLL RAND

10.3.1.1 Company Overview

10.3.1.2 Financials

10.3.1.3  Product/Services/Offerings

10.3.1.4 SWOT Analysis

10.3.1.5 The SNS View

10.3.2 LEEBOY

10.3.3 VOGELE

10.3.4  DYNAPAC

10.3.5 ROADTEC

10.3.6  TEREX ROAD BUILDING

10.3.7 CATERPILLAR

10.3.8 BOMAG

10.3.9  ATLAS COPCO

10.3.10  VOLVO CONSTRUCTION EQUIPMENT

10.4 Company proflie of  Waste Management Equipment Market

10.4.1 DOVER CORPORATION (U.S.)

10.4.1.1 Company Overview

10.4.1.2Financials

10.4.1.3Product/Services/Offerings

10.4.1.4SWOT Analysis

10.4.1.5 The SNS View

10.4.2 MORITA HOLDINGS CORPORATION (JAPAN)

10.4.3 WASTEQUIP LLC (U.S.)

10.4.4 OSHKOSH CORPORATION (U.S.)

10.4.5 SIERRA INTERNATIONAL

10.4.6 MACHINERY LLC (U.S.), JCB (U.K.)

10.4.7 KIRCHOFF GROUP (GERMANY)

10.4.8 WASTE CONNECTIONS (U.S.)

10.4.9 ENERPATGROUP UK LTD (U.K.)

10.4.10 CATERPILLAR INC (U.S.)

10.5  Company proflie of  Construction Equipment market

10.5.1 AB VOLVO (SWEDEN)

10.5.1.1 Company Overview

10. 5.1.2 Financials

10.5.1.3 Product/Services/Offerings

10. 5.1.4 SWOT Analysis

10.5.1.5 The SNS View

10.5.2 CATERPILLAR INC. (U.S.)

10.5.3 KOMATSU LTD. (JAPAN)

10.5.4 DOOSAN

10.5.5 INFRACORE CO. LTD. (SOUTH KOREA)

10.5.6 HITACHI CONSTRUCTION MACHINERY CO., LTD. (JAPAN)

10.5.7 J.C. BAMFORD EXCAVATORS LTD. (U.K.)

10.5.8 LIEBHERR GROUP (SWITZERLAND)

10.5.9 CNH INDUSTRIAL N.V. (U.K.)

10.5.10 HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD. (SOUTH KOREA)

10.5.11 SANY GROUP (CHINA)

10.6  Company proflie of  Demolition Equipment market

10.6.1 AB VOLVO (SWEDEN)

10.6.1.1  Company Overview

10.6.1.2 Financials

10.6.1.3 Product/Services/Offerings

10.6.1.4 SWOT Analysis

10.6.1.5 The SNS View

10.6.2 BROKK AB

10.6.3 CATERPILLAR INC.

10.6.4 GIANT HYDRAULIC TECH CO., LTD.

10.6.5 HITACHI CONSTRUCTION MACHINERY CO., LTD.

10.6.6 HUSQVARNA AB

10.6.7 KOMATSU LTD.

10.6.8 LIEBHERR

10.6.9 SHERPA MINI-LOADERS B.V.

10.6.10 TOPTEC SPEZIALMASCHINEN GMBH

10.7 Company proflie of  Forestry Equipment market

10.7.1  JOHN DEERE

10.7.1.1 Company Overview

10.7.1.2 Financials

10.7.1.3 Product/Services/Offerings

10.7.1.4 SWOT Analysis

10.7.1.5 The SNS View

10.7.2 KOMATSU LTD.

10.7.3 VOLVO CE

10.7.4 HITACHI CONSTRUCTION MACHINERY CO. LTD.

10.7.5 BARKO HYDRAULICS LLC.

10.7.6 DOOSA INFRACORE NORTH AMERICA LLC.

10.7.7 KESLA OYJ

10.7.8 PONSSE OYJ

10.7.9 ROTTNE INDUSTRI AB.

10.7.10 ECO LOG SWEDEN AB

10.8 Company proflie of Gardening Equipment market

10.8.1 ARIENS COMPANY

10.8.1.1 Company Overview

10.8.1.2 Financials

10.8.1.3 Product/Services/Offerings

10.8.1.4 SWOT Analysis

10.8.1.5 The SNS View

10.8.2 AMERICAN HONDA MOTOR CO. INC.

10.8.3 BRIGGS STRATTON

10.8.4 DEERE & COMPANY

10.8.5 FALCON GARDEN TOOLS

10.8.6 FISKARS,

10.8.7 HUSQVARNA GROUP

10.8.8 ROBERT BOSCH GMBH

10.8.9 ROBOMOW FRIENDLY HOUSE

10.8.10 THE TORO COMPANY

10.9 Company profile of Mining Equipment market

10.9.1 EPIROC

10.9.1.1 Company Overview

10.9.1.2 Financials

10.9.1.3 Product/Services/Offerings

10.9.1.4 SWOT Analysis

10.9.1.5 The SNS View

10.9.2 BOART LONG YEAR LTD

10.9.3 CATERPILLAR INC

10.9.4 CHINA COAL ENERGY GROUP CO. LTD,

10.9.5 VIPEAK MINING MACHINERY CO. LTD

10.9.6 GUANGDONG LEIMENG INTELLIGENT EQUIPMENT GROUP CO. LTD,

10.9.7 HENAN BAICHY MACHINERY EQUIPMENT CO. LTD

10.9.8 KOMATSU LTD

10.9.9 LIEBHERR, METSO

10.9.10 QUTOTEC

10.10 Company profile of Scrap Metal Recycling Equipment market

10.10.1 METSO

10.10.1.1Company Overview

10.10.1.2 Financials

10.10.1.3 Product/Services/Offerings

10.10.1.4 SWOT Analysis

10.10.1.5 The SNS View

10.10.2 ZB GROUP

10.10.3 HITACHI CONSTRUCTION MACHINERY

10.10.4 JMC RECYCLING SYSTEMS

10.10.5 ADVANCE HYDRAU TECH

10.10.6 RECYCLING EQUIPMENT MANUFACTURING

10.10.7 IRON AX, LEFORT

10.10.8 GREEN MACHINE

10.10.9 MSS INC.

10.11  Company profile of Construction Aggregates market

10.11.1 VULCAN MATERIALS COMPANY

10.11.1.1 Company Overview

10.11.1.2 Financials

10.11.1.3 Product/Services/Offerings

10.11.1.4 SWOT Analysis

10.11.1.5 The SNS View

10.11.2 HEIDELBERGCEMENT AG

10.11.3 LAFARGEHOLCIM LTD

10.11.4 CRH PLC

10.11.5 CEMEX S.A.B. DE

11. Competitive Landscape

11.1 Competitive Benchmarking

11.2 Market Share Analysis

11.3 Recent Developments

11.3.1 Industry News

11.3.2 Company News

11.3.3 Mergers & Acquisitions

12. Use Case and Best Practices

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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