According to the most recent research analysis by Fact.MR, the used construction equipment market is anticipated to expand quickly between 2021 and 2031. The need for secondhand construction equipment is rising as there is a greater need for equipment that is affordable to finish building projects.
Used construction equipment is preferred over new by contractors involved in building projects because it is more profitable. The used construction equipment market is driven by the utilization of bulk material handling equipment in significant construction projects. Furthermore, there is a significant market for old construction equipment for large-scale projects including railway tunnels, port expansion, and underwater tunnels. The crane is the piece of equipment that is most frequently used on large projects.
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Key Manufacturers and Suppliers
- Terex Group
- Komatsu
- Volvo CE
- Hitachi Construction Machinery
- Caterpillar
- Deere & Company
- Infra Bazaar
- ShriramAutomall India Limited (SAMIL)
- Ais Construction Equipment Service Corporation
- Kobelco Construction Machinery
Vital indicators shaping the future of the industry
- Innovative manufacturing processes implemented by used construction equipment vendors in detail.
- Region-wise and country-wise fragmentation of the used construction equipment to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global used construction equipment.
- Regional breakdown of the used construction equipment based on predefined taxonomy.
Key Segments
By Product
- Earthmovers
- Miners
- Excavator
- Bulldozers
- Shovels
- Wheel Loaders
- Compactor
- Pavers
- Others
- Material handling Equipment
- Cranes
- Industrial Trucks
- Bulk material handling equipment
- Others
- Concrete Equipment
- Crushers
- Mixers
- Pavers
- Pumps
By Application
- Earthmoving
- transportation
- material handling
- excavation & mining
- others
By End-Use Industry
- Construction
- Oil & Gas
- Mining
- Defence
- Others
By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- South Africa
- Other Africa
The used construction equipment market report will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Used construction equipment market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Used construction equipment market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the Used construction equipment market.
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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