Heavy Construction Equipment Market would be worth $195.0 Billion by 2018. April 2014
Heavy Construction Equipment Market would be
worth $195.0 Billion by 2018.
The report “Heavy Construction Equipment Market: By Types (Earthmoving, Material Handling, Heavy
Construction Vehicles, Others), Application Areas (Infrastructure, Commercial, Residential), and
Geography - Global Trends & Forecast To 2018.” defines and segments the global heavy construction
equipment market with an analysis and forecast of the revenue. The heavy construction equipment
market will grow from an estimated $131.1 billion in 2013 to $195.0 billion by 2018, at a CAGR of 8.3%
from 2013 to 2018.
Browse 127 market data tables and 25 figures spread through 262 pages and in-depth TOC on
“Heavy Construction Equipment Market: By Types (Earthmoving, Material Handling, Heavy
Construction Vehicles, Others), Application Areas (Infrastructure, Commercial, Residential),
and Geography - Global Trends & Forecast To 2018”.
http://www.marketsandmarkets.com/Market-Reports/heavy-construction-equipmentmarket-1211.html
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Asia-Pacific: Largest market for heavy construction equipment
Asia-Pacific has experienced a boom in construction and infrastructural activities as the
emphasis on developing infrastructure for the sustainable economy is growing. The global
population rise and migration to major cities since the last decade has further increased the
demand for residential buildings. Asia-Pacific has seen growth in a number of airports, dams,
hydro-electric projects, etc., to sustain high level industrial activities and growing energy
demand. As a result, many international players have invested and started their manufacturing
facilities and distribution centres in the region.