Dublin, Dec. 3, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/3mzx9f/construction_and) has announced the addition of the "Construction & Mining Equipment Market by Products, by Application, and by Region - Global Trends & Forecasts to 2019" report to their offering.
The construction equipment market in terms of value is projected to grow $125.4 billion and the mining equipment market is expected to grow to $134.7 billion in 2019 at a CAGR of 4.34% and 8.42% respectively.
Construction and mining activities have seen boost in most of the countries after 2010 and the trend is anticipated to continue. With an array of infrastructural projects coming up and increased demand for commodities resulting in increased mining, the construction and mining equipment market is experiencing huge opportunities to expand and grow. Additionally with the technological advancements catching up with the industry these equipment are also set to become more fuel efficient with low emissions better safety and handling. With the increase in rental and leasing facilities, and a large number of companies adopting to strategies of joint venture, mergers and acquisitions, collaborations the focus is clearly set on newer developing markets such as China, India, Brazil, and Russia.
The construction and mining industry is quite mature in the regions of North America and Europe. However, the Asia-Pacific and RoW countries such as Brazil and Russia are seeing huge investments being made on roads, bridges, highways and expressways for increasing the infrastructural capabilities of the region. Similarly government initiatives are also increasing. In the developed nations, the infrastructural projects that are coming up are fewer in number and moreover the demand for housing is also declining steadily. The construction and mining equipment market can be primarily divided in to product types such as loaders, excavators, dozers, mineral processing machinery, and crushing & pulverizing equipment.
The construction and mining equipment market is dominated by various players such as manufacturers, component suppliers and construction and mining companies. Following are the companies which are into construction and mining equipment market: Caterpillar Inc. (U.S.), Hitachi (Japan), Joy Global Inc. (U.S.), Komatsu Ltd. (Japan), and Volvo Construction Equipment AB (Sweden).
Key Topics Covered:
2. Research Methodology
5. Market Overview
6. Industry Trends
7. Construction Equipment Market, By Region
8. Construction Equipment Market, By Application
9. Construction Equipment Market, By Product
10. Mining Equipment Market
11. Competitive Landscape
12. Company Profiles
- Atlas Copco CNH
- CNH Industrial Nv
- Caterpliier Inc.
- Hitachi Construction Machinery Co. Ltd.
- Joy Global Inc.
- Komatsu Ltd.
- Liebherr International Ag
- Terex Corporation
- Volvo Group
- Zoomlion Company Ltd.
For more information visit http://www.researchandmarkets.com/research/3mzx9f/construction_and
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Source:Research and Markets