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.
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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.
The Internet of Things continues to provide lucrative opportunities for market players.
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.
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
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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
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.
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 |
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
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Step 1: Secondary Research:
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The Air Quality Control Systems Market size was estimated at USD 79.5 billion in 2023 and is expected to reach USD 123.49 billion by 2031 at a CAGR of 5.66% during the forecast period of 2024-2031.
The Mass Flow Controller Market Size was valued at USD 1.32 Billion in 2023 and will Reach to $2.16 Billion by 2031, displaying a CAGR of 5.61% by 2024-2031.
The Oilfield Equipment Market Size was esteemed at USD 125.97 billion in 2023 and is supposed to arrive at USD 173.86 billion by 2031 with a growing CAGR of 4.11% over the forecast period 2024-2031.
The Grinding Machinery Market size was valued at USD 5.28 Bn in 2023 and is expected to reach USD 7.76 Bn by 2031 with a growing CAGR of 4.94% over the forecast period 2024-2031.
The Optical Measurement Market size was estimated at USD 5.15 billion in 2023 and is expected to reach USD 9.38 billion by 2032 at a CAGR of 6.89% during the forecast period of 2024-2032.
The Enhanced Fire Protection Systems Market Size was valued at USD 70.43 billion in 2022 and is supposed to arrive at USD 122.8 billion by 2030 and develop at a CAGR of 7.2% over the forecast period 2023-2030.
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