Earthmoving Equipment - Market Opportunities and Business Environment, Analyses and Forecasts to 201501 Sep 2011 • by Natalie Aster
The consumption value of global earthmoving equipment increased at a CAGR of 1.13% during the review period (2006–2010). Robust growth in the Asia-Pacific region has offset decline in the world’s other two significant markets, North America and Europe, which recorded CARCs of -10.69% and -8.28% over the review period. The global economic crisis was one of the main factors behind steep industry contraction. Earthmoving Loaders, the largest sector in the global earthmoving equipment market, achieved a CAGR of 2.28% during the review period, increasing their market share from 36.5% in 2006 to 38.2% in 2010. The excavators sector recorded the fastest growth rates with a CAGR of 2.43% and accounted for 35.6% of the earthmoving equipment market, an increase of 1.7 percentage points over 2006. Construction tractors, the smallest sector, recorded a CARC of -1.97% during the review period, observing a market share contraction of 29.6% in 2006 to 26.1% in 2010.
The report “Earthmoving Equipment - Market Opportunities and Business Environment, Analyses and Forecasts to 2015” by iCD Research provides detailed analysis of both historic and forecast construction industry values at market and category level, analysis of the leading companies in the industry, and key news. Furthermore the report offers a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors. It is an essential tool for companies active across the global construction value chain and for new competitors considering entering the industry.
Consumption patterns have undergone a fundamental compositional change, with Asia-Pacific overtaking North America as the largest consumer of earthmoving equipment in 2007. Consequently, Asia-Pacific’s share of world consumption value increased from 30.6% to 51.4% during the review period, an increase of 20.8 percentage points. In contrast, North American and European shares decreased by 13.6% and 9.4 % points respectively, accounting for 21.1% and 19.6% of the global consumption value in 2010. South America and the Middle East accounted for 5.1% and 2.8% respectively of global consumption value in 2010, with both the regions extending their market share during the review period.
Earthmoving Equipment - Market Opportunities and Business Environment, Analyses and Forecasts to 2015
Published: August, 2011
Price: US$ 4,800.00
The report is part of iCD Research’s series of 55 studies of construction markets in major and emerging economies worldwide. Each of these studies examines market growth dynamics, key market trends and competitive forces across five industry categories and uses standardized definitions to enable comparison across markets.
- Detailed market size, growth, segmentation and forecast data across key industry categories provides all the essential information needed to assess market dynamics and identify new growth opportunities;
- Understand the demand-side dynamics affecting the global construction industry;
- Detailed profiles of major companies within the earthmoving equipment market enable the reader to benchmark financial performance and assess business strategy against competitors;
- Inform strategic business decisions with strong historic and forecast market sizing data.
More information can be found in the report “Earthmoving Equipment - Market Opportunities and Business Environment, Analyses and Forecasts to 2015” by iCD Research.
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