PUBLISHED DATE : Jan 2022 | Pages : 110
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Latin America Construction Equipment Market Research Report includes segments by Type (Earth Moving Equipment (Excavator, Backhoe Loader, Motor Grader, and Other Earth Moving Equipment), Road Construction Equipment (Asphalt Paver and Road Roller), Material Handling Equipment (Crane, Forklift & Telescopic Handler, Arial Platforms (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, etc.)), By Application (Construction, Manufacturing, Mining, and Others), By Countries (Brazil, Argentina, Mexico, Colombia, Other Latin America Countries)
110 Pages
67 Tables
3 Charts
1 Regions
5 Countries
19 Companies
3 Market Segment
| Report Attribute | Details |
|---|---|
| MARKET SIZE-REVENUE(2027) | USD 5 Billion |
| MARKET SIZE- VOLUME(2027) | 137,748 units |
| CAGR (VOLUME) | 4.75 % (2021-2027) |
| HISTORIC YEAR | 2018-2019 |
| BASE YEAR | 2020 |
| FORECAST YEAR | 2021-2027 |
| TYPE | Earth Moving Equipment (Excavator, Backhoe Loader, Motor Grader, and Other Earth Moving Equipment), Road Construction Equipment (Asphalt Paver and Road Roller), and Material Handling Equipment (Crane, Forklift and Telescopic Handler, Arial Platforms (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, etc)) |
| APPLICATION | Construction, Manufacturing, Mining, and Others |
| COUNTRIES COVERED | Brazil, Argentina, Mexico, Colombia, Other Latin America Countries |
| KEY VENDORS | Caterpillar, Liebherr, Komatsu, Volvo Construction Equipment, JCB, Xuzhou Construction Machinery Group Co., Ltd., SANY, John Deere, Hyundai construction Equipment, Shantui Construction Machinery, Bomag, Ammann, Sunward, Yanmar, |
Latin America construction equipment market size was valued at USD 3.7 billion in 2021 and is expected to reach USD 5 billion by 2028, growing at a CAGR of 5.12%. The market is projected to witness sales of 137,748 units by 2027. Upsurge in global commodities price to positively drive Latin America mining sector. Enhanced demand for natural resources in recent years will positively impact demand for construction equipment used in the mining industry, such as excavators, loaders, and cranes.
There is robust demand for construction equipment in the region. Contractors, mining, and construction companies are the major consumers of the Latin American construction equipment rental market. Rental companies such as Carlyle Group, Grupo orguel, and BigRentz have a fair share in the market.
With the increase in construction activities, the demand for road rollers also increases. Various road and highway redevelopment projects such as developing interserrana highways, connecting Matehuala- Saltillo roadways with Cuidad Victoria- Monterrey roadways are planned in Mexico. All this will propel the demand in Latin America Construction Equipment industry.
This report is among the few in the market that offers an outlook and opportunity analysis forecast in terms of:
Frequently Asked Questions
What is the size of the Latin America construction equipment market?
Latin America construction equipment market size will be valued at USD 5065.5 million and to reach a volume of 137,748 units by 2027, growing at a compound annual growth rate (CAGR) of 4.75% by volume during 2021-2027.
What are the latest technologies in the Latin America construction machinery market?
Latest technologies in the Latin America construction machinery market.
Who are the key players in the Latin America construction equipment industry?
The key players in Latin America construction equipment industry are Caterpillar, Liebherr, Komatsu, Volvo Construction Equipment, JCB, Xuzhou Construction Machinery Group Co., Ltd., SANY, John Deere, Hyundai construction Equipment, Shantui Construction Machinery, Bomag, Ammann, Sunward, and Yanmar.
What are the factors driving the growth of the Latin American construction equipment market?
The factors driving the growth of Latin America construction equipment market are government plans to enhance renewable power capacity and an upsurge in global commodities prices to positively drive the Latin American mining sector.
What are the different types of construction equipment covered in the report?
The different types of construction equipment covered in the report are Earth Moving Equipment (Excavator, Backhoe Loader, Motor Grader, and Other Earth Moving Equipment), Road Construction Equipment (Asphalt Paver and Road Roller), and Material Handling Equipment (Crane, Forklift and Telescopic Handler, Arial Platforms (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, etc.)).
The governments’ investment in developing public infrastructures such as roads, airports, ports, and the energy sector is expected to bring strong growth to the construction equipment market in Latin America. There is robust demand for construction equipment in the region. Contractors, mining, and construction companies are the major customers in the market. Rental companies such as Carlyle Group, Grupo Orguel and BigRentz are having fair share in the market.
Base Year: 2020
Forecast Year: 2021-2027
Scope: The report considers the present scenario of the Latin America construction equipment market and market dynamics for the forecast period 2021−2027. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the Latin America construction equipment market.
Major Vendors
Key Distributor Profiles
Market Segmentation by Moving Equipment
Market Segmentation by Application
Market Segmentation by Countries
Section1 – Introduction
• Market Snapshot
• Executive Summary
Section 2 – The Market Overview
Economic Scenario, Infrastructure Construction projects in Latin America, PESTLE Analysis, Government focus on Construction Projects, Key Economic Regions, Import/ Export Analysis, Supply Chain Insight, COVID-19 Impact
Section 3- Technological Advancements
• Advent of new Technology
Section 4 Market Dynamics
• Market Drivers, Restraints, Trends
Section 5 – Latin America Construction Equipment (Type & Application)
5.1 Latin America Construction Equipment Market by Type (Volume & Value)
5.1.1. Earth Moving Equipment
5.1.2. Road Construction Equipment
5.1.3. Material Handling Equipment
5.2 Latin America Construction Equipment Market by Application (Volume & Value)
5.3 Latin America Construction Equipment Market by Countries (Volume & Value)
Section 6 – Competitive Landscape
Section 7 – Report Summary
Section 8 – Report Scope & Definition
1. Research Methodology
2. Market Definition, Inclusion & Exclusion
Exhibit 1 Latin America Construction Equipment Market by Volume (Unit sales), 2018-2027
Exhibit 2 Latin America Construction Equipment Market by Type 2020 Volume Share (%)
Exhibit 3 Latin America Construction Equipment Market by Volume (Unit sales), 2018-2027
Exhibit 4 Latin America Construction Equipment Market by Value ($ MN), 2018-2027
Exhibit 5 Latin America Construction Equipment by Type 2020 (% volume share)
Exhibit 6 Latin America Countries GDP 2019-2020(%)
Exhibit 7 Latin America Countries by Sectors in 2019(%)
Exhibit 8 Latin American Countries Investment in Public Infrastructure 2017-2019 ($MN)
Exhibit 9 FDI Investment by Industry in Latin America 2020
Exhibit 10 Major Countries Investing in Latin America 2020 (%)
Exhibit 11 Latin America Renewable Investment (2015-2019) ($BN)
Exhibit 12 Currency Depreciation in Latin American Countries 2020 (%)
Exhibit 13 Latin America Construction Equipment Market by Type 2018-2027 (Unit Sales)
Exhibit 14 Latin America Construction Equipment by Application 2018-2027 (Unit sales)
Exhibit 15 Latin America Construction Equipment by Countries 2018-2027 (Unit Sales)
Exhibit 16 Latin America Earthmoving Equipment Market 2018–2027 (Unit Sales)
Exhibit 17 Latin America Earthmoving Equipment Market 2018–2027 ($ MN)
Exhibit 18 Latin America Excavator Market 2018–2027 (Unit Sales)
Exhibit 19 Latin America Excavator Market 2018–2027 ($ MN)
Exhibit 20 Latin America Backhoe Loader Market 2018–2027 (Unit Sales)
Exhibit 21 Latin America Backhoe Loder Market 2018–2027 ($ MN)
Exhibit 22 Latin America Motor Grader Market 2018–2027 (Unit Sales)
Exhibit 23 Latin America Motor Grader Market 2018–2027 ($ MN)
Exhibit 24 Latin America Other Earthmoving Equipment 2018-2027 (Unit Sales)
Exhibit 25 Latin America Other Earthmoving Equipment 2018-2027 ($MN)
Exhibit 26 Latin America Road Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 27 Latin America Road Construction Equipment Market 2018-2027($MN)
Exhibit 28 Latin America Asphalt Paver Market 2018-2027 (Unit Sales)
Exhibit 29 Latin America Asphalt Paver Market 2018-2027($ MN)
Exhibit 30 Latin America Road Roller Market 2018-2027 (Unit Sales)
Exhibit 31 Latin America Road Roller Market 2018-2027 ($ MN)
Exhibit 32 Latin America Material Handling Equipment Market 2018-2027 (Unit Sales)
Exhibit 33 Latin America Material Handling Equipment Market 2018-2027 ($ MN)
Exhibit 34 Latin America Crane Market 2018-2027 (Unit Sales)
Exhibit 35 Latin America Crane Market 2018-2027 ($ MN)
Exhibit 36 Latin America Forklift & Telescopic Handler Market 2018-2027 (Unit Sales)
Exhibit 37 Latin America Forklift & Telescopic Handler Market 2018-2027 ($ MN)
Exhibit 38 Latin America Aerial Platform Market 2018-2027 (Unit Sales)
Exhibit 39 Latin America Aerial Platform Market 2018-2027 ($ MN)
Exhibit 40 Latin America Construction Equipment Market 2018–2027 (Unit Sales)
Exhibit 41 Latin America Construction Equipment Market 2018–2027 ($ MN)
Exhibit 42 Latin America Mining Construction Equipment Market 2018–2027 (Unit Sales)
Exhibit 43 Latin America Mining Construction Equipment Market 2018–2027 ($ MN)
Exhibit 44 Latin America Manufacturing Construction Equipment Market 2018–2027 (Unit Sales)
Exhibit 45 Latin America Manufacturing Construction Equipment Market 2018–2027 ($ MN)
Exhibit 46 Latin America Construction Equipment Market by Others 2018–2027 (Unit Sales)
Exhibit 47 Latin America Construction Equipment Market by Others 2018–2027 ($ MN)
Exhibit 48 Brazil Construction Equipment Market 2018-2027 (Unit sales)
Exhibit 49 Brazil Construction Equipment Market 2018-2027 ($MN)
Exhibit 50 Argentina Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 51 Argentina Construction Equipment Market 2018-2027 ($MN)
Exhibit 52 Mexico Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 53 Mexico Construction Equipment Market 2018-2027 ($MN)
Exhibit 54 Colombia Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 55 Colombia Construction Equipment Market 2018-2027 ($MN)
Exhibit 56 Other Latin America Construction Equipment Market 2018-2027 (Unit Sales)
Exhibit 57 Other Latin America Construction Equipment Market 2018-2027 ($MN)
Exhibit 58 Caterpillar, Sales by Region (%Share)
Exhibit 59 Caterpillar, Total Revenue by Segment in Latin America 2020 (% Share)
Exhibit 60 Liebherr, Turnover by Region (% Share)
Exhibit 61 Liebherr, Total Revenue by product Segment 2020 (% Share)
Exhibit 62 Komatsu, Construction, Mining and Utility Equipment Business Sales by Region 2020 (% Share)
Exhibit 63 Komatsu, Breakdown of Net Sales by Segment 2020 (% Share)
Exhibit 64 Volvo CE, Sales by Region (% Share)
Exhibit 65 Volvo CE, Total Revenue by Segment 2020 (% Share)
Exhibit 66 John Deere, Sales by Regions (% Share)
Exhibit 67 John Deere, Total Revenue by Segment 2020 (% Share)
Table 1 Country-Specific FDI Inflow in the Region in 2020.
Table 2 Key Insights
Table 3 Abbreviations
Single User Licence
5 User Licence
Corporate Licence
Datasheet Licence
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