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Construction Machinery Attachment Market

Construction Machinery Attachment - Global Market Outlook (2019-2027)

4.6 (72 reviews)
Published: July 2020 ID: SMRC19521
4.6 (72 reviews)
Published: July 2020 ID: SMRC19521

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Construction Machinery Attachment Market is expected to growing at a CAGR of 6.2% during the forecast period. Some of the key factors propelling the market growth include increase in construction projects like malls, multiplexes, and hotels, increase in number of smart city projects, increase in urbanization and the government spending on projects. However, high cost of construction equipment is likely to hamper the market.

Attachments for construction equipment allow the base machine to do multiple tasks on a job site. Common carriers include skid steers, excavators, and backhoe loaders. Also referred to as work tools, they attach to the base machine using a coupler or quick coupler.

By equipment type, Grapplers are the ideal material handling option for hydraulic excavators. Two independent-action hydraulic-powered grapples pick up and grip different-sized objects. Ample grapple opening enables large payloads. On the basis of geography, Asia Pacific region is anticipated to have considerable market growth during the forecast period, due to improving socio-economic conditions in emerging economies. The region consists of two major developing nations in the world i.e. China and India, there are changing socio-economic factors in these countries. Also, these countries alone make 36% of the world’s population and the region makes it around 60% of the world’s population. These factors gave rise need for development of big airports, malls, energy projects and many other big construction projects.

Some of the key players in construction machinery attachment market include Hyundai Construction Equipment, JCB, John deere, Volvo construction equipment, Komatsu, Kubota, Liebherr group, Case Construction Equipments, Sany Group, and Caterpillar Inc.

Equipment Types Covered:
• Buckets
• Hammers
• Grapplers

Sales Channels Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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