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Global Construction Equipment Market to 2023 - Top 7 OEMs Caterpillar, Komatsu, Volvo, CNH, John Deere, Hitachi and Kubota - ResearchAndMarkets.com

June 22, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jun 22, 2021--

The “Global Construction Equipment Market - Top 7 OEMs - Strategy Brief - 2021-2023 - Caterpillar, Komatsu, Volvo, CNH, John Deere, Hitachi, Kubota” company profile has been added to ResearchAndMarkets.com’s offering.

This Strategy Brief report analyses & provides comprehensive insights into the Strategic Positioning, Priorities, Responsiveness and Key Strategies & Plans for the Top 7 OEMs in the Global Construction Equipment market based on a holistic assessment & comprehensive analysis of Strategic Initiatives, Business Developments and Strategic Moves & Measures being undertaken by them against the backdrop of an rapidly evolving market landscape & shifting global dynamics.

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The Global demand for Construction Equipment is projected to register a steady recovery & growth over near to medium term with most key global economies likely to witness an uptick in demand following similar fiscal interventions likely to be pursued & sustained by governments across most regions going forward coupled with strong global economic recovery projections by the IMF for 2021 & 2022, led by the U.S.

Further, the massive, $2 trillion infrastructure plan just outlined by the Biden administration in early April 2021, geared towards comprehensive repair & rebuilding of roads, railroads, bridges & ports in the U.S., could turn out to be the much needed shot in the arm for the construction industry going forward and could take the market towards & even beyond the peak of 2018, and seen prior to that in 2011, once again, with an outlay of $115 billion planned towards repair of highways & bridges alone, if it gets approved by the Congress.

Another growth catalyst for the Construction Equipment makers over medium term is likely to be technology-driven and is likely to come in form of the transition towards Connected, Autonomous & Electric Technologies which are likely to witness rapid commercialization over medium term. These next-generation technologies are likely to stimulate as well as accelerate replacement demand for existing equipment across both traditional as well as emerging markets with their way superior & unmatched capabilities, operating efficiencies and total cost of ownership.

Relevance & Usefulness: Strategic Planning, Analysis & Decision-Making Process

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The report analyses & provides key insights into the key strategies & plans being drafted & pursued by the construction equipment manufacturers to navigate their way through the present macro-environmental uncertainty & difficult global economic conditions necessitating extreme strategic nimbleness & deftness in the post pandemic world. The analysis includes:

1. Key Product Segments & Programs being focused upon by the OEMs

2. Strategies & Plans being developed to Drive Medium-term Growth

3. New Equipment Development & Introductions

4. R&D Focus & Key Technologies being focused upon

5. Key Growth Opportunities from the Medium Term Perspective

For Whom: Key Decision-Makers across Industry Value Chain

  • Key Decision-Makers
  • Program & Procurement Managers
  • Top Management of Industry Players & Other Companies
  • Industry OEMs & Technology/Other Solutions Providers
  • Suppliers, Vendors and other Key Players in the Industry Value Chain
  • Associated Equipment Manufacturers & Technology Solutions Providers
  • Existing & Potential Investors
  • Industry & Company Analysts
  • M&A Advisory Firms
  • Strategy & Management Consulting Firms
  • Researchers and all those associated with the Construction industry

Features, Benefits & Reasons to Procure

  • Quick Macro View and Big Picture Analysis
  • Blend of Quantitative & Qualitative Analysis for Strategic Planning Process
  • Quality & Reliability
  • Detailed Analysis on OEMs
  • Visual Representation enabling Easy Comprehension
  • Meetings & Presentation Ready Format for Quick Application
  • Superior & Enriched User Experience with Incorporation of Relevant Images, Graphs & Infographics

Key Topics Covered:

Section 1: Caterpillar Inc.

1.1 Strategy Focus - Medium Term

1.2 Analysis of Key Strategies & Plans

1.3 New Product Development & Introductions

1.4 R&D Focus and Technologies being focused upon

1.5 Growth Opportunities from the Medium Term Perspective

Section 2: Komatsu Ltd.

Section 3: Volvo Construction Equipment

Section 4: CNH Industrial Inc.

Section 5: Hitachi Construction Machinery Company Ltd.

Section 6: Deere & Company

Section 7: Kubota Corporation

For more information about this company profile visit https://www.researchandmarkets.com/r/br1d9m

View source version on businesswire.com:https://www.businesswire.com/news/home/20210622005901/en/

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KEYWORD:

INDUSTRY KEYWORD: RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE URBAN PLANNING CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 06/22/2021 11:54 AM/DISC: 06/22/2021 11:55 AM

http://www.businesswire.com/news/home/20210622005901/en