Earthmoving Equipment Market – Global Industry Analysis and Forecast (2023-2029) by Type, Application and Region


Earthmoving Equipment Market size was valued at US$ 83.24 Bn. in 2022 and the total revenue is expected to grow at 2.01% through 2023 to 2029, reaching nearly US$ 95.69 Bn.

Earthmoving Equipment Market Overview:

Earthmoving equipment is heavy machinery typically, heavy-duty vehicles and construction machinery designed for massive construction operations which involves landscaping, digging, foundation building, demolition, Mining onshore and offshore. The earthmoving equipment market is the biggest segment in the global construction machinery market as megaprojects set to reach 24% of global GDP within a decade and increase in metropolitan population expect for superior infrastructure provides growth prospects for the construction industry which ultimately reflect on the demand of Earthmoving Equipment and heavy machinery particularly in the developing countries like India, China and some of the Latin American countries.

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Earthmoving Equipment Market Dynamics:

New megaprojects around the world have been the main factor for the high demand for Earthmoving equipment as the global sale of earthmoving equipment and heavy construction machinery is expected to reach 1.1 million units by 2023. The Middle East has become the epicenter for the construction megaproject such as Dubailand in UAE- $64 billion projects which are expected to finish in 2029.

The rental market of Earthmoving equipment has been flourishing with the 103 billion in 2021 coming up as a new emerging trend as it is a convenient option for the contractor to lease the machinery for stipulated time without draining the financial resources of the project also, It is also a profitable option for the lender.

In the era of EVs, Earthmoving equipment is also going electric as Volvo introduced the first commercial zero-emission electric excavator and wheel loader which are alternatives for the traditional diesel-powered machinery. Electric earthmoving equipment is expected to contribute majorly to the climate goal.

More drivers and opportunities of the market are converted in the report with base year analysis from FY 2021. Moreover, analysis is based on real numbers and inputs from different primary sources. Data is structured in the report in such a way that clients from different end-use segments can analyze the market with complete comprehension.

Restraints, Earthmoving equipment needs massive investment as well as maintenance cost as fuel cost soaring highest ever which is a major challenge for old-style diesel-powered engine equipment.

COVID-19 regulations all over the world have halted many infrastructure projects which caused a dip in demand for the year 2021 and the market experiencing a slow recovery as the restrictions are being life off.

Earthmoving Equipment Market Segment Analysis:

By Product, the Earthmoving Equipment market segment is dominated by an excavator in 2021 with total revenue of 48.36 billion with a CAGR of 4.7% and expected to reach 66.70 billion by holding the largest share in the earthmoving equipment segment. Excavators are largely used in heavy construction sites due to their multipurpose functionality and have different product types such as a crawler, wheeled, and short swing radius excavator. In 2021, Sany Heavy Industry limited beats big companies like JCB and Caterpillar by selling 98,705 units globally with a total 15% market share. Pile drivers, Compactor, and Trenchers are the other type of Earthmoving equipment market segment that has limited functionality with lesser market share.

By Application, the Construction sector is the dominating sector in the Earthmoving equipment market. Mega construction projects required excavation, digging, mining, and demolition and have a large demand for heavy machinery and earthmoving equipment. Developed and developing countries like China and India are the largest demand generating countries due to massive national highway construction projects, smart city infrastructure development, and waterway connection projects in respective countries. Mining onshore and offshore has the second leading usage of earthmoving equipment for oil, mineral excavation, and granite mining.

By Fuel, Diesel-powered engines are the dominating fuel segment of the Earthmoving Equipment market. Diesel-powered equipment hold over 90% of the market share in the Earthmoving equipment and heavy machinery market. Bio-diesel and ethanol-diesel are also being used in diesel engines. Due to the impact of diesel engines on the environment, Electric earthmoving equipment has a bright opportunity in the future. Volvo has introduced a Zero-emission electric excavator product line which is the new alternative for diesel engines in the earthmoving equipment segment.

Earthmoving Equipment Market Regional Insights:

The Asia Pacific region dominates the Earthmoving equipment market with a total share of 277,656 units which are held solely by China. The development of the South-North water transfer plant project in China which in the long term project estimated to complete by 2050 will require a large number of earthmoving equipment and construction machinery will further increase the demand for earthmoving equipment for the next three decades. India is also expected to be the third-largest heavy construction market by 2022 with a total FDI Inflow of 81.7 Bn as the country expands the National highway network and smart city project.

The earthmoving and heavy construction equipment market in North America is projected US$ 35 billion in the year 2021 is the second-largest by size globally. Also, Latin America is one of the emerging markets with a major share of Brazil with its Railway infrastructure from the east coast to western agriculture interiors and five new ports and 22 airports with US$ 10 billion investment.

The European market projected 8.9 billion at CAGR 4% IN 2021 and expected a steady growth with in-progress infrastructure projects in UK, Netherlands, and France.

The objective of the report is to present a comprehensive analysis of the Earthmoving Equipment market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Earthmoving Equipment market dynamics, structure by analyzing the market segments and project the Earthmoving Equipment market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Earthmoving Equipment market make the report investor’s guide.

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Earthmoving Equipment Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2022-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US $ 83.24 Bn.




Forecast Period 2022 to 2029 CAGR:
2.01%
Market Size in 2029:
US $ 95.69 Bn.




 Segments Covered:
by Product
• Excavator
• Crawler Excavator
• Wheeled Excavator
• Short swing radius excavator
• Pile Driver
• Diesel impact hammer
• Vibratory hammer
• Air/Steam impact hammer




by Type
• Construction
• Mining
• Other




by Application
• Diesel
• Electric






Earthmoving Equipment Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Earthmoving Equipment Market, Key Players are:

• Volvo CE
• Caterpillar Inc.
• Komatsu Limited
• Doosan Co.
• Hitachi Construction Machinery Co.
• Liebherr Group
• JCB
• Hyundai Construction Equipment Co. Ltd.
• Sany Heavy Industry Limited
• Terex Corporation
• CNH Heavy Industries Co. Ltd.
• Deere and Company
• Kobelco Construction Machinery Co. Ltd.
• Mitsubishi Heavy Industries Ltd.
• Zoomlion Heavy Industry Science & Technology Co. Ltd.

FAQ:

1] What segments are covered in the Earthmoving Equipment Market report?
Ans. The segments covered in the Earthmoving Equipment Market report are based on Product Type, Application, and Fuel Type.

2] Which region is expected to hold the highest share in the Earthmoving Equipment Market?
Ans. Asia Pacific Region is expected to hold the highest share in the Earthmoving Equipment Market.

3] What is the market size of Earthmoving Equipment Marketby2029?
Ans. The market size of the Earthmoving Equipment Market by 2029 is US $ 95.69 Bn.

4] Who are the top key players in the Earthmoving Equipment Market?
Ans. – Volvo CE, Caterpillar Inc., Komatsu Limited, Doosan Co, Hitachi Construction Machinery Co, Liebherr Group, JCB, Hyundai Construction Equipment Co. Ltd, Sany Heavy Industry Limited, Terex Corporation, CNH Heavy Industries Co. Ltd, Deere and Company, Kobelco Construction Machinery Co. Ltd, Mitsubishi Heavy Industries Ltd, Zoomlion Heavy Industry Science & Technology Co. Ltd.

5] What was the market size of the Earthmoving Equipment Market in 2022?
Ans. The market size of the Earthmoving Equipment Market in 2022 was US $ 83.24 Bn 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Earthmoving Equipment Market Size, by Market Value (US$ Bn)
3.1. Market Segmentation
3.2. Market Segmentation Share Analysis, 2021
3.2.1. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Earthmoving Equipment Market
3.4. Geographical Snapshot of the Earthmoving Equipment Market, By Manufacturer share
4. Earthmoving Equipment Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porter Five Forces Analysis
4.1.6.1. The threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. The Threat of Substitute Products
4.1.6.5. The intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Earthmoving Equipment Market
5. Supply Side and Demand Side Indicators
6. Earthmoving Equipment Market Analysis and Forecast, 2022-2029
6.1. Earthmoving Equipment Market Size & Y-o-Y Growth Analysis.
7. Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
7.1.1. Excavator
7.1.1.1. Crawler Excavator
7.1.1.2. Wheeled Excavator
7.1.1.3. Short swing radius excavator
7.1.2. Pile Driver
7.1.2.1. Diesel impact hammer
7.1.2.2. Vibratory hammer
7.1.2.3. Air/Steam impact hammer
7.1.2.4. Hydraulic Impact hammer
7.1.3. Trencher
7.1.3.1. Wheel Trencher
7.1.3.2. Chain Trencher
7.1.3.3. Micro Trencher
7.1.4. Compactor
7.1.4.1. Plate Compactor
7.1.4.2. Rammer
7.1.4.3. Road Roller
7.1.5. Crawl Loader
7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
7.2.1. Construction
7.2.2. Mining
7.2.3. Other
7.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
7.3.1. Diesel
7.3.2. Electric
8. Earthmoving Equipment Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
9.1.1. Excavator
7.1.1.1. Crawler Excavator
7.1.1.2. Wheeled Excavator
7.1.1.3. Short swing radius excavator
9.1.2. Pile Driver
9.1.2.1. Diesel impact hammer
9.1.2.2. Vibratory hammer
9.1.2.3. Air/Steam impact hammer
9.1.2.4. Hydraulic Impact hammer
9.1.3. Trencher
9.1.3.1. Wheel Trencher
9.1.3.2. Chain Trencher
9.1.3.3. Micro Trencher
9.1.4. Compactor
9.1.4.1. Plate Compactor
9.1.4.2. Rammer
9.1.4.3. Road Roller
9.1.5. Crawl loader
9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
9.2.1. Construction
9.2.2. Mining
9.2.3. Other
9.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
9.3.1. Diesel
9.3.2. Electric
10. North America Earthmoving Equipment Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
11.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
12. Canada Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
12.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
13. Mexico Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
13.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
14. Europe Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
14.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
15. Europe Earthmoving Equipment Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
16.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
17. France Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
17.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
18. Germany Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
18.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
19. Italy Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
19.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
20. Spain Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
20.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
21. Sweden Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
21.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
22. CIS Countries Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
22.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
23. Rest of Europe Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
23.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
24. Asia Pacific Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
24.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
25. Asia Pacific Earthmoving Equipment Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
26.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
27. India Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
27.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
28. Japan Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
28.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
29. South Korea Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
29.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
30. Australia Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
30.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
31. ASEAN Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
31.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
32. Rest of Asia Pacific Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
32.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
33. Middle East Africa Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
33.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
34. Middle East Africa Earthmoving Equipment Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
35.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
36. GCC Countries Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
36.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
37. Egypt Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
37.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
38. Nigeria Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
38.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
39. Rest of ME&A Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
39.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
40. South America Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
40.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
41. South America Earthmoving Equipment Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
42.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
43. Argentina Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
43.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
44. Rest of South America Earthmoving Equipment Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
44.3. Market Size (Value) Estimates & Forecast By Fuel, 2022-2029
Competitive Landscape
44.4. Geographic Footprint of Major Players in the Earthmoving Equipment Market
44.5. Competition Matrix
44.5.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fuels, and R&D Investment
44.5.2. New Product Launches and Product Enhancements
44.5.3. Market Consolidation
44.5.3.1. M&A by Regions, Investment, and Verticals
44.5.3.2. M&A, Forward Integration and Backward
Integration
44.5.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements
44.6. Company Profile: Key Players
44.6.1. Volvo CE
44.6.1.1. Company Overview
44.6.1.2. Financial Overview
44.6.1.3. Geographic Footprint
44.6.1.4. Product Portfolio
44.6.1.5. Business Strategy
44.6.1.6. Recent Developments
44.6.2. Liebherr Group
44.6.3. JCB
44.6.4. Hyundai Construction Equipment Co. Ltd.
44.6.5. Sany Heavy Industry Limited
44.6.6. Terex Corporation
44.6.7. CNH Heavy Industries LI
44.6.8. Deere and Company
44.6.9. Kobelco Construction Machinery
44.6.10. Mitsubishi Heavy Industries Limited
44.6.11. Hitachi Construction Machinery Co.
44.6.12. Doosan Co.
44.6.13. Komatsu Limited
44.6.14. Caterpillar Inc.
44.6.15. Other Key Players
45. Primary Key Insights
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