Abstract
Summary
LPI (LP Information)' newest research report, the “Heavy Engineering Equipment Industry Forecast” looks at past sales and reviews total world Heavy Engineering Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy Engineering Equipment sales for 2023 through 2029. With Heavy Engineering Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy Engineering Equipment industry.
This Insight Report provides a comprehensive analysis of the global Heavy Engineering Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy Engineering Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heavy Engineering Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy Engineering Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy Engineering Equipment.
The global Heavy Engineering Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Heavy Engineering Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Heavy Engineering Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Heavy Engineering Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Heavy Engineering Equipment players cover Caterpillar, Komatsu, Hitachi Construction Machinery, Volvo Construction Equipment, Liebherr, XCMG, Doosan Infracore, Sany and John Deere, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Heavy Engineering Equipment market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Tractors
Skid Steer Loaders
Backhoe Loaders
Feller Bunchers
Harvesters
Scrapers
Articulated Haulers
Pavers
Drilling Machines
Others
Segmentation by application
Industrial
Automotive
Manufacturing
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Caterpillar
Komatsu
Hitachi Construction Machinery
Volvo Construction Equipment
Liebherr
XCMG
Doosan Infracore
Sany
John Deere
JCB
Toyota Group
General Electric
China Railway and Engineering Group
Siemens
Bosch
Panasonic
Mitsubishi
United Technologies
Denso
Mitsui
This Insight Report provides a comprehensive analysis of the global Heavy Engineering Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy Engineering Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heavy Engineering Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy Engineering Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy Engineering Equipment.
The global Heavy Engineering Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Heavy Engineering Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Heavy Engineering Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Heavy Engineering Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Heavy Engineering Equipment players cover Caterpillar, Komatsu, Hitachi Construction Machinery, Volvo Construction Equipment, Liebherr, XCMG, Doosan Infracore, Sany and John Deere, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Heavy Engineering Equipment market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Tractors
Skid Steer Loaders
Backhoe Loaders
Feller Bunchers
Harvesters
Scrapers
Articulated Haulers
Pavers
Drilling Machines
Others
Segmentation by application
Industrial
Automotive
Manufacturing
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Caterpillar
Komatsu
Hitachi Construction Machinery
Volvo Construction Equipment
Liebherr
XCMG
Doosan Infracore
Sany
John Deere
JCB
Toyota Group
General Electric
China Railway and Engineering Group
Siemens
Bosch
Panasonic
Mitsubishi
United Technologies
Denso
Mitsui
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Heavy Engineering Equipment Market Size 2018-2029
2.1.2 Heavy Engineering Equipment Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Heavy Engineering Equipment Segment by Type
2.2.1 Tractors
2.2.2 Skid Steer Loaders
2.2.3 Backhoe Loaders
2.2.4 Feller Bunchers
2.2.5 Harvesters
2.2.6 Scrapers
2.2.7 Articulated Haulers
2.2.8 Pavers
2.2.9 Drilling Machines
2.2.10 Others
2.3 Heavy Engineering Equipment Market Size by Type
2.3.1 Heavy Engineering Equipment Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Heavy Engineering Equipment Market Size Market Share by Type (2018-2023)
2.4 Heavy Engineering Equipment Segment by Application
2.4.1 Industrial
2.4.2 Automotive
2.4.3 Manufacturing
2.4.4 Construction
2.4.5 Others
2.5 Heavy Engineering Equipment Market Size by Application
2.5.1 Heavy Engineering Equipment Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Heavy Engineering Equipment Market Size Market Share by Application (2018-2023)
3 Heavy Engineering Equipment Market Size by Player
3.1 Heavy Engineering Equipment Market Size Market Share by Players
3.1.1 Global Heavy Engineering Equipment Revenue by Players (2018-2023)
3.1.2 Global Heavy Engineering Equipment Revenue Market Share by Players (2018-2023)
3.2 Global Heavy Engineering Equipment Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Heavy Engineering Equipment by Regions
4.1 Heavy Engineering Equipment Market Size by Regions (2018-2023)
4.2 Americas Heavy Engineering Equipment Market Size Growth (2018-2023)
4.3 APAC Heavy Engineering Equipment Market Size Growth (2018-2023)
4.4 Europe Heavy Engineering Equipment Market Size Growth (2018-2023)
4.5 Middle East & Africa Heavy Engineering Equipment Market Size Growth (2018-2023)
5 Americas
5.1 Americas Heavy Engineering Equipment Market Size by Country (2018-2023)
5.2 Americas Heavy Engineering Equipment Market Size by Type (2018-2023)
5.3 Americas Heavy Engineering Equipment Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Heavy Engineering Equipment Market Size by Region (2018-2023)
6.2 APAC Heavy Engineering Equipment Market Size by Type (2018-2023)
6.3 APAC Heavy Engineering Equipment Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Heavy Engineering Equipment by Country (2018-2023)
7.2 Europe Heavy Engineering Equipment Market Size by Type (2018-2023)
7.3 Europe Heavy Engineering Equipment Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Heavy Engineering Equipment by Region (2018-2023)
8.2 Middle East & Africa Heavy Engineering Equipment Market Size by Type (2018-2023)
8.3 Middle East & Africa Heavy Engineering Equipment Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Heavy Engineering Equipment Market Forecast
10.1 Global Heavy Engineering Equipment Forecast by Regions (2024-2029)
10.1.1 Global Heavy Engineering Equipment Forecast by Regions (2024-2029)
10.1.2 Americas Heavy Engineering Equipment Forecast
10.1.3 APAC Heavy Engineering Equipment Forecast
10.1.4 Europe Heavy Engineering Equipment Forecast
10.1.5 Middle East & Africa Heavy Engineering Equipment Forecast
10.2 Americas Heavy Engineering Equipment Forecast by Country (2024-2029)
10.2.1 United States Heavy Engineering Equipment Market Forecast
10.2.2 Canada Heavy Engineering Equipment Market Forecast
10.2.3 Mexico Heavy Engineering Equipment Market Forecast
10.2.4 Brazil Heavy Engineering Equipment Market Forecast
10.3 APAC Heavy Engineering Equipment Forecast by Region (2024-2029)
10.3.1 China Heavy Engineering Equipment Market Forecast
10.3.2 Japan Heavy Engineering Equipment Market Forecast
10.3.3 Korea Heavy Engineering Equipment Market Forecast
10.3.4 Southeast Asia Heavy Engineering Equipment Market Forecast
10.3.5 India Heavy Engineering Equipment Market Forecast
10.3.6 Australia Heavy Engineering Equipment Market Forecast
10.4 Europe Heavy Engineering Equipment Forecast by Country (2024-2029)
10.4.1 Germany Heavy Engineering Equipment Market Forecast
10.4.2 France Heavy Engineering Equipment Market Forecast
10.4.3 UK Heavy Engineering Equipment Market Forecast
10.4.4 Italy Heavy Engineering Equipment Market Forecast
10.4.5 Russia Heavy Engineering Equipment Market Forecast
10.5 Middle East & Africa Heavy Engineering Equipment Forecast by Region (2024-2029)
10.5.1 Egypt Heavy Engineering Equipment Market Forecast
10.5.2 South Africa Heavy Engineering Equipment Market Forecast
10.5.3 Israel Heavy Engineering Equipment Market Forecast
10.5.4 Turkey Heavy Engineering Equipment Market Forecast
10.5.5 GCC Countries Heavy Engineering Equipment Market Forecast
10.6 Global Heavy Engineering Equipment Forecast by Type (2024-2029)
10.7 Global Heavy Engineering Equipment Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Caterpillar
11.1.1 Caterpillar Company Information
11.1.2 Caterpillar Heavy Engineering Equipment Product Offered
11.1.3 Caterpillar Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Caterpillar Main Business Overview
11.1.5 Caterpillar Latest Developments
11.2 Komatsu
11.2.1 Komatsu Company Information
11.2.2 Komatsu Heavy Engineering Equipment Product Offered
11.2.3 Komatsu Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 Komatsu Main Business Overview
11.2.5 Komatsu Latest Developments
11.3 Hitachi Construction Machinery
11.3.1 Hitachi Construction Machinery Company Information
11.3.2 Hitachi Construction Machinery Heavy Engineering Equipment Product Offered
11.3.3 Hitachi Construction Machinery Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Hitachi Construction Machinery Main Business Overview
11.3.5 Hitachi Construction Machinery Latest Developments
11.4 Volvo Construction Equipment
11.4.1 Volvo Construction Equipment Company Information
11.4.2 Volvo Construction Equipment Heavy Engineering Equipment Product Offered
11.4.3 Volvo Construction Equipment Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Volvo Construction Equipment Main Business Overview
11.4.5 Volvo Construction Equipment Latest Developments
11.5 Liebherr
11.5.1 Liebherr Company Information
11.5.2 Liebherr Heavy Engineering Equipment Product Offered
11.5.3 Liebherr Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Liebherr Main Business Overview
11.5.5 Liebherr Latest Developments
11.6 XCMG
11.6.1 XCMG Company Information
11.6.2 XCMG Heavy Engineering Equipment Product Offered
11.6.3 XCMG Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 XCMG Main Business Overview
11.6.5 XCMG Latest Developments
11.7 Doosan Infracore
11.7.1 Doosan Infracore Company Information
11.7.2 Doosan Infracore Heavy Engineering Equipment Product Offered
11.7.3 Doosan Infracore Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 Doosan Infracore Main Business Overview
11.7.5 Doosan Infracore Latest Developments
11.8 Sany
11.8.1 Sany Company Information
11.8.2 Sany Heavy Engineering Equipment Product Offered
11.8.3 Sany Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Sany Main Business Overview
11.8.5 Sany Latest Developments
11.9 John Deere
11.9.1 John Deere Company Information
11.9.2 John Deere Heavy Engineering Equipment Product Offered
11.9.3 John Deere Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 John Deere Main Business Overview
11.9.5 John Deere Latest Developments
11.10 JCB
11.10.1 JCB Company Information
11.10.2 JCB Heavy Engineering Equipment Product Offered
11.10.3 JCB Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 JCB Main Business Overview
11.10.5 JCB Latest Developments
11.11 Toyota Group
11.11.1 Toyota Group Company Information
11.11.2 Toyota Group Heavy Engineering Equipment Product Offered
11.11.3 Toyota Group Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.11.4 Toyota Group Main Business Overview
11.11.5 Toyota Group Latest Developments
11.12 General Electric
11.12.1 General Electric Company Information
11.12.2 General Electric Heavy Engineering Equipment Product Offered
11.12.3 General Electric Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.12.4 General Electric Main Business Overview
11.12.5 General Electric Latest Developments
11.13 China Railway and Engineering Group
11.13.1 China Railway and Engineering Group Company Information
11.13.2 China Railway and Engineering Group Heavy Engineering Equipment Product Offered
11.13.3 China Railway and Engineering Group Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.13.4 China Railway and Engineering Group Main Business Overview
11.13.5 China Railway and Engineering Group Latest Developments
11.14 Siemens
11.14.1 Siemens Company Information
11.14.2 Siemens Heavy Engineering Equipment Product Offered
11.14.3 Siemens Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.14.4 Siemens Main Business Overview
11.14.5 Siemens Latest Developments
11.15 Bosch
11.15.1 Bosch Company Information
11.15.2 Bosch Heavy Engineering Equipment Product Offered
11.15.3 Bosch Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.15.4 Bosch Main Business Overview
11.15.5 Bosch Latest Developments
11.16 Panasonic
11.16.1 Panasonic Company Information
11.16.2 Panasonic Heavy Engineering Equipment Product Offered
11.16.3 Panasonic Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.16.4 Panasonic Main Business Overview
11.16.5 Panasonic Latest Developments
11.17 Mitsubishi
11.17.1 Mitsubishi Company Information
11.17.2 Mitsubishi Heavy Engineering Equipment Product Offered
11.17.3 Mitsubishi Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.17.4 Mitsubishi Main Business Overview
11.17.5 Mitsubishi Latest Developments
11.18 United Technologies
11.18.1 United Technologies Company Information
11.18.2 United Technologies Heavy Engineering Equipment Product Offered
11.18.3 United Technologies Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.18.4 United Technologies Main Business Overview
11.18.5 United Technologies Latest Developments
11.19 Denso
11.19.1 Denso Company Information
11.19.2 Denso Heavy Engineering Equipment Product Offered
11.19.3 Denso Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.19.4 Denso Main Business Overview
11.19.5 Denso Latest Developments
11.20 Mitsui
11.20.1 Mitsui Company Information
11.20.2 Mitsui Heavy Engineering Equipment Product Offered
11.20.3 Mitsui Heavy Engineering Equipment Revenue, Gross Margin and Market Share (2018-2023)
11.20.4 Mitsui Main Business Overview
11.20.5 Mitsui Latest Developments
12 Research Findings and Conclusion