Global Heavy Construction Equipment Market Forecast to 2027 Global Heavy Construction Equipment Market, By Types (Earthmoving Equipment, Material Handling Equipment), by applications (Mining & Excavation, Earthmoving, Transportation), end users (Oil & Gas Industry, Construction Industry, Military, Mining) - Forecast to 2027 Heavy Construction Equipment Global Market Heavy construction equipment has been proved as a backbone for construction industry in order to save a lot of time and labour cost. There are several equipment that serve various purpose at construction sites. Various activities including earthmoving, material handling, transporting materials, etc. are catered by heavy construction equipment. High investments of construction industry in BRIC countries are driving the growth for heavy construction equipment market. Additionally, the need of satisfying rising infrastructure demand by growing population will enhance the growth prospects of heavy construction equipment market. The lucrative and high investment areas of construction industry in emerging economies and organization of upcoming world sports such as FIFA World Cup and Olympics will boost the demand for heavy construction machinery. The global heavy construction equipment industry growth is directly related to the worldwide infrastructural development activities. Addition of new technologies to the existing systems has been an ongoing trend within the market. Adoption of these equipment has been increasing over the time. High cost of heavy construction equipment is one of the major factors supporting retrofitted equipment. Some of the major players operating within heavy construction equipment market arena include Caterpillar, Terex, Komatsu Ltd, CNH, John Deere, Oshkosh Corp., and Kobelco Cranes. Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/681 Heavy Construction Equipment Global Market - Competitive Analysis The global market for heavy construction equipment looks highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, product launch, innovation, increasing investments in research and development and costeffective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. Enquiry before Buying @ https://www.marketresearchfuture.com/enquiry/681 Key Players: Caterpillar (US), Cnh Global NV (Netherlands), Doosan Infracore Ltd (South Korea), Hitachi Construction Machinery (Tokyo), Hyundai Heavy Industries Ltd (South Korea), JCB (UK), John Deere & Co (US), Kobelco Construction Machinery Co. Ltd (Japan), Komatsu Ltd (Japan), Liebherr-International Ag (Switzerland), Manitou Group (France), Manitowoc Group (US), Oshkosh Corporation (US), Sany Heavy Industries Co. Ltd (China) and Sumitomo Heavy Industries Ltd (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Heavy Construction Equipment Market. Industry News In May, 2017 – Recently, Caterpillar acquired a start-up Yard Club that facilitates contractor-to-contractor equipment rental. Although the terms of the deals has not yet been disclosed by both the companies. Upon this acquisition, Yard Club will begin to work with Caterpillar dealers and helping them to sell as well as rent the heavy construction equipment to the contractor and construction crews. This acquisition will enhance the company to expand its distribution network which will create a positive impact on the global heavy construction equipment market. In December, 2016 – JCB India launched seven new products at Bauma ConExpo. With the launch of these products, the company positioned itself as a full range infrastructure equipment partner. Moreover, the growing construction industry has been the major reason behind this product launch. The growing construction industry has resulted in growth of heavy construction equipment market. In December, 2017 - John Deer completed its acquisition of Wirtgen Group, which is a leading manufacturer of road construction equipment. With this acquisition, the Wirtgen Group will improve and enhance John Deer construction equipment business which will result in the company’s global growth. This acquisition is expected to boost up the heavy construction equipment market. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. 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Global Heavy Construction Equipment Market, By Types (Earthmoving Equipment, Material Handling Equipment), by applications (Mining & Excavation, Earthmoving, Transportation), end users (Oil & Gas Industry, Construction Industry, Military, Mining) - Forecast to 2027