Global Heavy Equipment Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Page: 113

Published Date: 18 Mar 2023

Category: Machinery & Equipment

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

Heavy equipment refers to heavy-duty vehicles, specially designed for executing construction tasks, most frequently ones involving earthwork operations. They usually comprise five equipment systems: implement, traction, structure, power train, control and information. Heavy equipment functions through the mechanical advantage of a simple machine, the ratio between input force applied and force exerted is multiplied. Some equipment uses hydraulic drives as a primary source of motion.

According to our (Global Info Research) latest study, the global Heavy Equipment market size was valued at USD 529960 million in 2022 and is forecast to a readjusted size of USD 654550 million by 2029 with a CAGR of 3.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Heavy Equipment key players include Caterpillar, John Deere, KOMATSU, CNH Industrial, etc. Global top four manufacturers hold a share about 20%.

China is the largest market, with a share about 25%, followed by North America and Europe, both have a share over 40 percent.

In terms of product, Dump Truck is the largest segment, with a share over 10%. And in terms of application, the largest application is Construction, followed by Mining
Agriculture, etc.

This report is a detailed and comprehensive analysis for global Heavy Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Heavy Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Heavy Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Heavy Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Heavy Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Heavy Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Heavy Equipment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, John Deere, KOMATSU, CNH Industrial and Kubota, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation
Heavy Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    Excavators
    Wheel Loaders
    Bulldozers
    Dump Truck
    Others

Market segment by Application
    Construction
    Mining
    Agriculture

Major players covered
    Caterpillar
    John Deere
    KOMATSU
    CNH Industrial
    Kubota
    Hitachi
    Volvo
    Liebherr
    Daimler
    Doosan
    SANY Group
    JCB
    Terex
    Zoomlion
    Liugong
    Weichai
    Sinotruk

Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Heavy Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Heavy Equipment, with price, sales, revenue and global market share of Heavy Equipment from 2018 to 2023.
Chapter 3, the Heavy Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Heavy Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Heavy Equipment market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Heavy Equipment.
Chapter 14 and 15, to describe Heavy Equipment sales channel, distributors, customers, research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Heavy Equipment
    1.2 Market Estimation Caveats and Base Year
    1.3 Market Analysis by Type
        1.3.1 Overview: Global Heavy Equipment Consumption Value by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Excavators
        1.3.3 Wheel Loaders
        1.3.4 Bulldozers
        1.3.5 Dump Truck
        1.3.6 Others
    1.4 Market Analysis by Application
        1.4.1 Overview: Global Heavy Equipment Consumption Value by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Construction
        1.4.3 Mining
        1.4.4 Agriculture
    1.5 Global Heavy Equipment Market Size & Forecast
        1.5.1 Global Heavy Equipment Consumption Value (2018 & 2022 & 2029)
        1.5.2 Global Heavy Equipment Sales Quantity (2018-2029)
        1.5.3 Global Heavy Equipment Average Price (2018-2029)

2 Manufacturers Profiles
    2.1 Caterpillar
        2.1.1 Caterpillar Details
        2.1.2 Caterpillar Major Business
        2.1.3 Caterpillar Heavy Equipment Product and Services
        2.1.4 Caterpillar Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 Caterpillar Recent Developments/Updates
    2.2 John Deere
        2.2.1 John Deere Details
        2.2.2 John Deere Major Business
        2.2.3 John Deere Heavy Equipment Product and Services
        2.2.4 John Deere Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 John Deere Recent Developments/Updates
    2.3 KOMATSU
        2.3.1 KOMATSU Details
        2.3.2 KOMATSU Major Business
        2.3.3 KOMATSU Heavy Equipment Product and Services
        2.3.4 KOMATSU Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 KOMATSU Recent Developments/Updates
    2.4 CNH Industrial
        2.4.1 CNH Industrial Details
        2.4.2 CNH Industrial Major Business
        2.4.3 CNH Industrial Heavy Equipment Product and Services
        2.4.4 CNH Industrial Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 CNH Industrial Recent Developments/Updates
    2.5 Kubota
        2.5.1 Kubota Details
        2.5.2 Kubota Major Business
        2.5.3 Kubota Heavy Equipment Product and Services
        2.5.4 Kubota Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Kubota Recent Developments/Updates
    2.6 Hitachi
        2.6.1 Hitachi Details
        2.6.2 Hitachi Major Business
        2.6.3 Hitachi Heavy Equipment Product and Services
        2.6.4 Hitachi Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Hitachi Recent Developments/Updates
    2.7 Volvo
        2.7.1 Volvo Details
        2.7.2 Volvo Major Business
        2.7.3 Volvo Heavy Equipment Product and Services
        2.7.4 Volvo Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Volvo Recent Developments/Updates
    2.8 Liebherr
        2.8.1 Liebherr Details
        2.8.2 Liebherr Major Business
        2.8.3 Liebherr Heavy Equipment Product and Services
        2.8.4 Liebherr Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Liebherr Recent Developments/Updates
    2.9 Daimler
        2.9.1 Daimler Details
        2.9.2 Daimler Major Business
        2.9.3 Daimler Heavy Equipment Product and Services
        2.9.4 Daimler Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Daimler Recent Developments/Updates
    2.10 Doosan
        2.10.1 Doosan Details
        2.10.2 Doosan Major Business
        2.10.3 Doosan Heavy Equipment Product and Services
        2.10.4 Doosan Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Doosan Recent Developments/Updates
    2.11 SANY Group
        2.11.1 SANY Group Details
        2.11.2 SANY Group Major Business
        2.11.3 SANY Group Heavy Equipment Product and Services
        2.11.4 SANY Group Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 SANY Group Recent Developments/Updates
    2.12 JCB
        2.12.1 JCB Details
        2.12.2 JCB Major Business
        2.12.3 JCB Heavy Equipment Product and Services
        2.12.4 JCB Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 JCB Recent Developments/Updates
    2.13 Terex
        2.13.1 Terex Details
        2.13.2 Terex Major Business
        2.13.3 Terex Heavy Equipment Product and Services
        2.13.4 Terex Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 Terex Recent Developments/Updates
    2.14 Zoomlion
        2.14.1 Zoomlion Details
        2.14.2 Zoomlion Major Business
        2.14.3 Zoomlion Heavy Equipment Product and Services
        2.14.4 Zoomlion Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 Zoomlion Recent Developments/Updates
    2.15 Liugong
        2.15.1 Liugong Details
        2.15.2 Liugong Major Business
        2.15.3 Liugong Heavy Equipment Product and Services
        2.15.4 Liugong Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 Liugong Recent Developments/Updates
    2.16 Weichai
        2.16.1 Weichai Details
        2.16.2 Weichai Major Business
        2.16.3 Weichai Heavy Equipment Product and Services
        2.16.4 Weichai Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.16.5 Weichai Recent Developments/Updates
    2.17 Sinotruk
        2.17.1 Sinotruk Details
        2.17.2 Sinotruk Major Business
        2.17.3 Sinotruk Heavy Equipment Product and Services
        2.17.4 Sinotruk Heavy Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
        2.17.5 Sinotruk Recent Developments/Updates

3 Competitive Environment: Heavy Equipment by Manufacturer
    3.1 Global Heavy Equipment Sales Quantity by Manufacturer (2018-2023)
    3.2 Global Heavy Equipment Revenue by Manufacturer (2018-2023)
    3.3 Global Heavy Equipment Average Price by Manufacturer (2018-2023)
    3.4 Market Share Analysis (2022)
        3.4.1 Producer Shipments of Heavy Equipment by Manufacturer Revenue ($MM) and Market Share (%): 2022
        3.4.2 Top 3 Heavy Equipment Manufacturer Market Share in 2022
        3.4.2 Top 6 Heavy Equipment Manufacturer Market Share in 2022
    3.5 Heavy Equipment Market: Overall Company Footprint Analysis
        3.5.1 Heavy Equipment Market: Region Footprint
        3.5.2 Heavy Equipment Market: Company Product Type Footprint
        3.5.3 Heavy Equipment Market: Company Product Application Footprint
    3.6 New Market Entrants and Barriers to Market Entry
    3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region
    4.1 Global Heavy Equipment Market Size by Region
        4.1.1 Global Heavy Equipment Sales Quantity by Region (2018-2029)
        4.1.2 Global Heavy Equipment Consumption Value by Region (2018-2029)
        4.1.3 Global Heavy Equipment Average Price by Region (2018-2029)
    4.2 North America Heavy Equipment Consumption Value (2018-2029)
    4.3 Europe Heavy Equipment Consumption Value (2018-2029)
    4.4 Asia-Pacific Heavy Equipment Consumption Value (2018-2029)
    4.5 South America Heavy Equipment Consumption Value (2018-2029)
    4.6 Middle East and Africa Heavy Equipment Consumption Value (2018-2029)

5 Market Segment by Type
    5.1 Global Heavy Equipment Sales Quantity by Type (2018-2029)
    5.2 Global Heavy Equipment Consumption Value by Type (2018-2029)
    5.3 Global Heavy Equipment Average Price by Type (2018-2029)

6 Market Segment by Application
    6.1 Global Heavy Equipment Sales Quantity by Application (2018-2029)
    6.2 Global Heavy Equipment Consumption Value by Application (2018-2029)
    6.3 Global Heavy Equipment Average Price by Application (2018-2029)

7 North America
    7.1 North America Heavy Equipment Sales Quantity by Type (2018-2029)
    7.2 North America Heavy Equipment Sales Quantity by Application (2018-2029)
    7.3 North America Heavy Equipment Market Size by Country
        7.3.1 North America Heavy Equipment Sales Quantity by Country (2018-2029)
        7.3.2 North America Heavy Equipment Consumption Value by Country (2018-2029)
        7.3.3 United States Market Size and Forecast (2018-2029)
        7.3.4 Canada Market Size and Forecast (2018-2029)
        7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe
    8.1 Europe Heavy Equipment Sales Quantity by Type (2018-2029)
    8.2 Europe Heavy Equipment Sales Quantity by Application (2018-2029)
    8.3 Europe Heavy Equipment Market Size by Country
        8.3.1 Europe Heavy Equipment Sales Quantity by Country (2018-2029)
        8.3.2 Europe Heavy Equipment Consumption Value by Country (2018-2029)
        8.3.3 Germany Market Size and Forecast (2018-2029)
        8.3.4 France Market Size and Forecast (2018-2029)
        8.3.5 United Kingdom Market Size and Forecast (2018-2029)
        8.3.6 Russia Market Size and Forecast (2018-2029)
        8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific
    9.1 Asia-Pacific Heavy Equipment Sales Quantity by Type (2018-2029)
    9.2 Asia-Pacific Heavy Equipment Sales Quantity by Application (2018-2029)
    9.3 Asia-Pacific Heavy Equipment Market Size by Region
        9.3.1 Asia-Pacific Heavy Equipment Sales Quantity by Region (2018-2029)
        9.3.2 Asia-Pacific Heavy Equipment Consumption Value by Region (2018-2029)
        9.3.3 China Market Size and Forecast (2018-2029)
        9.3.4 Japan Market Size and Forecast (2018-2029)
        9.3.5 Korea Market Size and Forecast (2018-2029)
        9.3.6 India Market Size and Forecast (2018-2029)
        9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
        9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America
    10.1 South America Heavy Equipment Sales Quantity by Type (2018-2029)
    10.2 South America Heavy Equipment Sales Quantity by Application (2018-2029)
    10.3 South America Heavy Equipment Market Size by Country
        10.3.1 South America Heavy Equipment Sales Quantity by Country (2018-2029)
        10.3.2 South America Heavy Equipment Consumption Value by Country (2018-2029)
        10.3.3 Brazil Market Size and Forecast (2018-2029)
        10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa
    11.1 Middle East & Africa Heavy Equipment Sales Quantity by Type (2018-2029)
    11.2 Middle East & Africa Heavy Equipment Sales Quantity by Application (2018-2029)
    11.3 Middle East & Africa Heavy Equipment Market Size by Country
        11.3.1 Middle East & Africa Heavy Equipment Sales Quantity by Country (2018-2029)
        11.3.2 Middle East & Africa Heavy Equipment Consumption Value by Country (2018-2029)
        11.3.3 Turkey Market Size and Forecast (2018-2029)
        11.3.4 Egypt Market Size and Forecast (2018-2029)
        11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
        11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics
    12.1 Heavy Equipment Market Drivers
    12.2 Heavy Equipment Market Restraints
    12.3 Heavy Equipment Trends Analysis
    12.4 Porters Five Forces Analysis
        12.4.1 Threat of New Entrants
        12.4.2 Bargaining Power of Suppliers
        12.4.3 Bargaining Power of Buyers
        12.4.4 Threat of Substitutes
        12.4.5 Competitive Rivalry
    12.5 Influence of COVID-19 and Russia-Ukraine War
        12.5.1 Influence of COVID-19
        12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain
    13.1 Raw Material of Heavy Equipment and Key Manufacturers
    13.2 Manufacturing Costs Percentage of Heavy Equipment
    13.3 Heavy Equipment Production Process
    13.4 Heavy Equipment Industrial Chain

14 Shipments by Distribution Channel
    14.1 Sales Channel
        14.1.1 Direct to End-User
        14.1.2 Distributors
    14.2 Heavy Equipment Typical Distributors
    14.3 Heavy Equipment Typical Customers

15 Research Findings and Conclusion

16 Appendix
    16.1 Methodology
    16.2 Research Process and Data Source
    16.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Heavy Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Heavy Equipment Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Caterpillar Basic Information, Manufacturing Base and Competitors
    Table 4. Caterpillar Major Business
    Table 5. Caterpillar Heavy Equipment Product and Services
    Table 6. Caterpillar Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 7. Caterpillar Recent Developments/Updates
    Table 8. John Deere Basic Information, Manufacturing Base and Competitors
    Table 9. John Deere Major Business
    Table 10. John Deere Heavy Equipment Product and Services
    Table 11. John Deere Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 12. John Deere Recent Developments/Updates
    Table 13. KOMATSU Basic Information, Manufacturing Base and Competitors
    Table 14. KOMATSU Major Business
    Table 15. KOMATSU Heavy Equipment Product and Services
    Table 16. KOMATSU Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 17. KOMATSU Recent Developments/Updates
    Table 18. CNH Industrial Basic Information, Manufacturing Base and Competitors
    Table 19. CNH Industrial Major Business
    Table 20. CNH Industrial Heavy Equipment Product and Services
    Table 21. CNH Industrial Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 22. CNH Industrial Recent Developments/Updates
    Table 23. Kubota Basic Information, Manufacturing Base and Competitors
    Table 24. Kubota Major Business
    Table 25. Kubota Heavy Equipment Product and Services
    Table 26. Kubota Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 27. Kubota Recent Developments/Updates
    Table 28. Hitachi Basic Information, Manufacturing Base and Competitors
    Table 29. Hitachi Major Business
    Table 30. Hitachi Heavy Equipment Product and Services
    Table 31. Hitachi Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 32. Hitachi Recent Developments/Updates
    Table 33. Volvo Basic Information, Manufacturing Base and Competitors
    Table 34. Volvo Major Business
    Table 35. Volvo Heavy Equipment Product and Services
    Table 36. Volvo Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 37. Volvo Recent Developments/Updates
    Table 38. Liebherr Basic Information, Manufacturing Base and Competitors
    Table 39. Liebherr Major Business
    Table 40. Liebherr Heavy Equipment Product and Services
    Table 41. Liebherr Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 42. Liebherr Recent Developments/Updates
    Table 43. Daimler Basic Information, Manufacturing Base and Competitors
    Table 44. Daimler Major Business
    Table 45. Daimler Heavy Equipment Product and Services
    Table 46. Daimler Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 47. Daimler Recent Developments/Updates
    Table 48. Doosan Basic Information, Manufacturing Base and Competitors
    Table 49. Doosan Major Business
    Table 50. Doosan Heavy Equipment Product and Services
    Table 51. Doosan Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 52. Doosan Recent Developments/Updates
    Table 53. SANY Group Basic Information, Manufacturing Base and Competitors
    Table 54. SANY Group Major Business
    Table 55. SANY Group Heavy Equipment Product and Services
    Table 56. SANY Group Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 57. SANY Group Recent Developments/Updates
    Table 58. JCB Basic Information, Manufacturing Base and Competitors
    Table 59. JCB Major Business
    Table 60. JCB Heavy Equipment Product and Services
    Table 61. JCB Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 62. JCB Recent Developments/Updates
    Table 63. Terex Basic Information, Manufacturing Base and Competitors
    Table 64. Terex Major Business
    Table 65. Terex Heavy Equipment Product and Services
    Table 66. Terex Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 67. Terex Recent Developments/Updates
    Table 68. Zoomlion Basic Information, Manufacturing Base and Competitors
    Table 69. Zoomlion Major Business
    Table 70. Zoomlion Heavy Equipment Product and Services
    Table 71. Zoomlion Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 72. Zoomlion Recent Developments/Updates
    Table 73. Liugong Basic Information, Manufacturing Base and Competitors
    Table 74. Liugong Major Business
    Table 75. Liugong Heavy Equipment Product and Services
    Table 76. Liugong Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Liugong Recent Developments/Updates
    Table 78. Weichai Basic Information, Manufacturing Base and Competitors
    Table 79. Weichai Major Business
    Table 80. Weichai Heavy Equipment Product and Services
    Table 81. Weichai Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 82. Weichai Recent Developments/Updates
    Table 83. Sinotruk Basic Information, Manufacturing Base and Competitors
    Table 84. Sinotruk Major Business
    Table 85. Sinotruk Heavy Equipment Product and Services
    Table 86. Sinotruk Heavy Equipment Sales Quantity (K Units), Average Price (USD/Unit), Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 87. Sinotruk Recent Developments/Updates
    Table 88. Global Heavy Equipment Sales Quantity by Manufacturer (2018-2023) & (K Units)
    Table 89. Global Heavy Equipment Revenue by Manufacturer (2018-2023) & (USD Million)
    Table 90. Global Heavy Equipment Average Price by Manufacturer (2018-2023) & (USD/Unit)
    Table 91. Market Position of Manufacturers in Heavy Equipment, (Tier 1, Tier 2, and Tier 3), Based on Consumption Value in 2022
    Table 92. Head Office and Heavy Equipment Production Site of Key Manufacturer
    Table 93. Heavy Equipment Market: Company Product Type Footprint
    Table 94. Heavy Equipment Market: Company Product Application Footprint
    Table 95. Heavy Equipment New Market Entrants and Barriers to Market Entry
    Table 96. Heavy Equipment Mergers, Acquisition, Agreements, and Collaborations
    Table 97. Global Heavy Equipment Sales Quantity by Region (2018-2023) & (K Units)
    Table 98. Global Heavy Equipment Sales Quantity by Region (2024-2029) & (K Units)
    Table 99. Global Heavy Equipment Consumption Value by Region (2018-2023) & (USD Million)
    Table 100. Global Heavy Equipment Consumption Value by Region (2024-2029) & (USD Million)
    Table 101. Global Heavy Equipment Average Price by Region (2018-2023) & (USD/Unit)
    Table 102. Global Heavy Equipment Average Price by Region (2024-2029) & (USD/Unit)
    Table 103. Global Heavy Equipment Sales Quantity by Type (2018-2023) & (K Units)
    Table 104. Global Heavy Equipment Sales Quantity by Type (2024-2029) & (K Units)
    Table 105. Global Heavy Equipment Consumption Value by Type (2018-2023) & (USD Million)
    Table 106. Global Heavy Equipment Consumption Value by Type (2024-2029) & (USD Million)
    Table 107. Global Heavy Equipment Average Price by Type (2018-2023) & (USD/Unit)
    Table 108. Global Heavy Equipment Average Price by Type (2024-2029) & (USD/Unit)
    Table 109. Global Heavy Equipment Sales Quantity by Application (2018-2023) & (K Units)
    Table 110. Global Heavy Equipment Sales Quantity by Application (2024-2029) & (K Units)
    Table 111. Global Heavy Equipment Consumption Value by Application (2018-2023) & (USD Million)
    Table 112. Global Heavy Equipment Consumption Value by Application (2024-2029) & (USD Million)
    Table 113. Global Heavy Equipment Average Price by Application (2018-2023) & (USD/Unit)
    Table 114. Global Heavy Equipment Average Price by Application (2024-2029) & (USD/Unit)
    Table 115. North America Heavy Equipment Sales Quantity by Type (2018-2023) & (K Units)
    Table 116. North America Heavy Equipment Sales Quantity by Type (2024-2029) & (K Units)
    Table 117. North America Heavy Equipment Sales Quantity by Application (2018-2023) & (K Units)
    Table 118. North America Heavy Equipment Sales Quantity by Application (2024-2029) & (K Units)
    Table 119. North America Heavy Equipment Sales Quantity by Country (2018-2023) & (K Units)
    Table 120. North America Heavy Equipment Sales Quantity by Country (2024-2029) & (K Units)
    Table 121. North America Heavy Equipment Consumption Value by Country (2018-2023) & (USD Million)
    Table 122. North America Heavy Equipment Consumption Value by Country (2024-2029) & (USD Million)
    Table 123. Europe Heavy Equipment Sales Quantity by Type (2018-2023) & (K Units)
    Table 124. Europe Heavy Equipment Sales Quantity by Type (2024-2029) & (K Units)
    Table 125. Europe Heavy Equipment Sales Quantity by Application (2018-2023) & (K Units)
    Table 126. Europe Heavy Equipment Sales Quantity by Application (2024-2029) & (K Units)
    Table 127. Europe Heavy Equipment Sales Quantity by Country (2018-2023) & (K Units)
    Table 128. Europe Heavy Equipment Sales Quantity by Country (2024-2029) & (K Units)
    Table 129. Europe Heavy Equipment Consumption Value by Country (2018-2023) & (USD Million)
    Table 130. Europe Heavy Equipment Consumption Value by Country (2024-2029) & (USD Million)
    Table 131. Asia-Pacific Heavy Equipment Sales Quantity by Type (2018-2023) & (K Units)
    Table 132. Asia-Pacific Heavy Equipment Sales Quantity by Type (2024-2029) & (K Units)
    Table 133. Asia-Pacific Heavy Equipment Sales Quantity by Application (2018-2023) & (K Units)
    Table 134. Asia-Pacific Heavy Equipment Sales Quantity by Application (2024-2029) & (K Units)
    Table 135. Asia-Pacific Heavy Equipment Sales Quantity by Region (2018-2023) & (K Units)
    Table 136. Asia-Pacific Heavy Equipment Sales Quantity by Region (2024-2029) & (K Units)
    Table 137. Asia-Pacific Heavy Equipment Consumption Value by Region (2018-2023) & (USD Million)
    Table 138. Asia-Pacific Heavy Equipment Consumption Value by Region (2024-2029) & (USD Million)
    Table 139. South America Heavy Equipment Sales Quantity by Type (2018-2023) & (K Units)
    Table 140. South America Heavy Equipment Sales Quantity by Type (2024-2029) & (K Units)
    Table 141. South America Heavy Equipment Sales Quantity by Application (2018-2023) & (K Units)
    Table 142. South America Heavy Equipment Sales Quantity by Application (2024-2029) & (K Units)
    Table 143. South America Heavy Equipment Sales Quantity by Country (2018-2023) & (K Units)
    Table 144. South America Heavy Equipment Sales Quantity by Country (2024-2029) & (K Units)
    Table 145. South America Heavy Equipment Consumption Value by Country (2018-2023) & (USD Million)
    Table 146. South America Heavy Equipment Consumption Value by Country (2024-2029) & (USD Million)
    Table 147. Middle East & Africa Heavy Equipment Sales Quantity by Type (2018-2023) & (K Units)
    Table 148. Middle East & Africa Heavy Equipment Sales Quantity by Type (2024-2029) & (K Units)
    Table 149. Middle East & Africa Heavy Equipment Sales Quantity by Application (2018-2023) & (K Units)
    Table 150. Middle East & Africa Heavy Equipment Sales Quantity by Application (2024-2029) & (K Units)
    Table 151. Middle East & Africa Heavy Equipment Sales Quantity by Region (2018-2023) & (K Units)
    Table 152. Middle East & Africa Heavy Equipment Sales Quantity by Region (2024-2029) & (K Units)
    Table 153. Middle East & Africa Heavy Equipment Consumption Value by Region (2018-2023) & (USD Million)
    Table 154. Middle East & Africa Heavy Equipment Consumption Value by Region (2024-2029) & (USD Million)
    Table 155. Heavy Equipment Raw Material
    Table 156. Key Manufacturers of Heavy Equipment Raw Materials
    Table 157. Heavy Equipment Typical Distributors
    Table 158. Heavy Equipment Typical Customers
List of Figures
    Figure 1. Heavy Equipment Picture
    Figure 2. Global Heavy Equipment Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Heavy Equipment Consumption Value Market Share by Type in 2022
    Figure 4. Excavators Examples
    Figure 5. Wheel Loaders Examples
    Figure 6. Bulldozers Examples
    Figure 7. Dump Truck Examples
    Figure 8. Others Examples
    Figure 9. Global Heavy Equipment Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 10. Global Heavy Equipment Consumption Value Market Share by Application in 2022
    Figure 11. Construction Examples
    Figure 12. Mining Examples
    Figure 13. Agriculture Examples
    Figure 14. Global Heavy Equipment Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 15. Global Heavy Equipment Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 16. Global Heavy Equipment Sales Quantity (2018-2029) & (K Units)
    Figure 17. Global Heavy Equipment Average Price (2018-2029) & (USD/Unit)
    Figure 18. Global Heavy Equipment Sales Quantity Market Share by Manufacturer in 2022
    Figure 19. Global Heavy Equipment Consumption Value Market Share by Manufacturer in 2022
    Figure 20. Producer Shipments of Heavy Equipment by Manufacturer Sales Quantity ($MM) and Market Share (%): 2021
    Figure 21. Top 3 Heavy Equipment Manufacturer (Consumption Value) Market Share in 2022
    Figure 22. Top 6 Heavy Equipment Manufacturer (Consumption Value) Market Share in 2022
    Figure 23. Global Heavy Equipment Sales Quantity Market Share by Region (2018-2029)
    Figure 24. Global Heavy Equipment Consumption Value Market Share by Region (2018-2029)
    Figure 25. North America Heavy Equipment Consumption Value (2018-2029) & (USD Million)
    Figure 26. Europe Heavy Equipment Consumption Value (2018-2029) & (USD Million)
    Figure 27. Asia-Pacific Heavy Equipment Consumption Value (2018-2029) & (USD Million)
    Figure 28. South America Heavy Equipment Consumption Value (2018-2029) & (USD Million)
    Figure 29. Middle East & Africa Heavy Equipment Consumption Value (2018-2029) & (USD Million)
    Figure 30. Global Heavy Equipment Sales Quantity Market Share by Type (2018-2029)
    Figure 31. Global Heavy Equipment Consumption Value Market Share by Type (2018-2029)
    Figure 32. Global Heavy Equipment Average Price by Type (2018-2029) & (USD/Unit)
    Figure 33. Global Heavy Equipment Sales Quantity Market Share by Application (2018-2029)
    Figure 34. Global Heavy Equipment Consumption Value Market Share by Application (2018-2029)
    Figure 35. Global Heavy Equipment Average Price by Application (2018-2029) & (USD/Unit)
    Figure 36. North America Heavy Equipment Sales Quantity Market Share by Type (2018-2029)
    Figure 37. North America Heavy Equipment Sales Quantity Market Share by Application (2018-2029)
    Figure 38. North America Heavy Equipment Sales Quantity Market Share by Country (2018-2029)
    Figure 39. North America Heavy Equipment Consumption Value Market Share by Country (2018-2029)
    Figure 40. United States Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 41. Canada Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 42. Mexico Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 43. Europe Heavy Equipment Sales Quantity Market Share by Type (2018-2029)
    Figure 44. Europe Heavy Equipment Sales Quantity Market Share by Application (2018-2029)
    Figure 45. Europe Heavy Equipment Sales Quantity Market Share by Country (2018-2029)
    Figure 46. Europe Heavy Equipment Consumption Value Market Share by Country (2018-2029)
    Figure 47. Germany Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 48. France Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 49. United Kingdom Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 50. Russia Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 51. Italy Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 52. Asia-Pacific Heavy Equipment Sales Quantity Market Share by Type (2018-2029)
    Figure 53. Asia-Pacific Heavy Equipment Sales Quantity Market Share by Application (2018-2029)
    Figure 54. Asia-Pacific Heavy Equipment Sales Quantity Market Share by Region (2018-2029)
    Figure 55. Asia-Pacific Heavy Equipment Consumption Value Market Share by Region (2018-2029)
    Figure 56. China Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 57. Japan Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 58. Korea Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 59. India Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 60. Southeast Asia Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 61. Australia Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 62. South America Heavy Equipment Sales Quantity Market Share by Type (2018-2029)
    Figure 63. South America Heavy Equipment Sales Quantity Market Share by Application (2018-2029)
    Figure 64. South America Heavy Equipment Sales Quantity Market Share by Country (2018-2029)
    Figure 65. South America Heavy Equipment Consumption Value Market Share by Country (2018-2029)
    Figure 66. Brazil Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 67. Argentina Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 68. Middle East & Africa Heavy Equipment Sales Quantity Market Share by Type (2018-2029)
    Figure 69. Middle East & Africa Heavy Equipment Sales Quantity Market Share by Application (2018-2029)
    Figure 70. Middle East & Africa Heavy Equipment Sales Quantity Market Share by Region (2018-2029)
    Figure 71. Middle East & Africa Heavy Equipment Consumption Value Market Share by Region (2018-2029)
    Figure 72. Turkey Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 73. Egypt Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 74. Saudi Arabia Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 75. South Africa Heavy Equipment Consumption Value and Growth Rate (2018-2029) & (USD Million)
    Figure 76. Heavy Equipment Market Drivers
    Figure 77. Heavy Equipment Market Restraints
    Figure 78. Heavy Equipment Market Trends
    Figure 79. Porters Five Forces Analysis
    Figure 80. Manufacturing Cost Structure Analysis of Heavy Equipment in 2022
    Figure 81. Manufacturing Process Analysis of Heavy Equipment
    Figure 82. Heavy Equipment Industrial Chain
    Figure 83. Sales Quantity Channel: Direct to End-User vs Distributors
    Figure 84. Direct Channel Pros & Cons
    Figure 85. Indirect Channel Pros & Cons
    Figure 86. Methodology
    Figure 87. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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