Heavy Duty Equipment Market

Heavy duty equipment is 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.
Heavy Duty Equipment Market aims to provide a comprehensive presentation of the global market for Heavy Duty Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Duty Equipment. Heavy Duty Equipment Market contains market size and forecasts of Heavy Duty Equipment in global, including the following market information:
Global Heavy Duty Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Heavy Duty Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Heavy Duty Equipment companies in 2022 (%)
The global Heavy Duty Equipment market was valued at US$ 529960 million in 2022 and is projected to reach US$ 652010 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Track-type Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Heavy Duty Equipment include Daimler, Dongfeng, Eicher Motors, FCA, Ford Motor Company, Freightliner, General Motors, Kenworth and Navistar, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Heavy Duty Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heavy Duty Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Duty Equipment Market Segment Percentages, by Type, 2022 (%)
Track-type
Grader
Pipelayer
Scraper
Loader
Others
Global Heavy Duty Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Duty Equipment Market Segment Percentages, by Application, 2022 (%)
Manufacturing
Power
Rail
Oil & Gas
Construction
Others
Global Heavy Duty Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heavy Duty Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heavy Duty Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Heavy Duty Equipment revenues share in global market, 2022 (%)
Key companies Heavy Duty Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Heavy Duty Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Daimler
Dongfeng
Eicher Motors
FCA
Ford Motor Company
Freightliner
General Motors
Kenworth
Navistar
Nissan
Oshkosh Corporation
Paccar
Peterbilt
ScaniaAB
Tata Motors
Toyota
Volkswagen
Volvo
China National Heavy Duty
Outline of Major Chapters:
Chapter 1: Introduces the definition of Heavy Duty Equipment, market overview.
Chapter 2: Global Heavy Duty Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Heavy Duty Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Heavy Duty Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Heavy Duty Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.