PUBLISHED DATE : Feb 2022 | Pages : 115
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Philippines Construction Equipment Market Research Report includes segments by
115 Pages
20 Tables
66 Charts
1 Regions
1 Countries
20 Companies
2 Market Segment
| Report Attribute | Details |
|---|---|
| MARKET SIZE (2028) | USD 1.79 Billion |
| MARKET SIZE (2021) | USD 1.6 Billion |
| CAGR (2022-2028) | 6.80% |
| MARKET SIZE (UNIT SHIPMENT) | 13,791 Units (2028) |
| HISTORIC YEAR | 2019-2020 |
| BASE YEAR | 2021 |
| FORECAST YEAR | 2022-2028 |
| TYPE | Earth Moving Equipment (Excavator, Backhoe Loader, Motor Grader, and Other Earth Moving Equipment), Material Handling Equipment (Crane, Forklift & Telescopic Handler, Arial Platforms (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, etc)), and Road Construction Equipment (Asphalt Paver and Road Roller) |
| END-USERS | Construction, Manufacturing, Mining, and Others |
| KEY VENDORS | Xuzhou Construction Machinery Group Co., Ltd. (XCMG), Caterpillar, Volvo Construction Equipment, Komatsu, SANY, JCB, Liebherr, Hitachi, Zoomlion Heavy Industry Science & Technology Co., Ltd., Kubota |
The Philippines construction equipment market was valued at USD 1.16 billion in 2021 and is projected to reach USD 1.79 billion by 2028, with a CAGR of 6.80%.
Philippines Construction Equipment Market By Volume 2019-2028
Frequently Asked Questions
What will be the size of the Philippines construction equipment market by volume in 2028?
The size of the Philippines construction equipment market by volume in 2028 is 13,791 units.
The shift towards green hydrogen fuel-based construction equipment in the renewable energy sector and environmental policies and initiatives to increase the usage of excavators and loaders in the waste management industry are some trends in the Philippines construction equipment industry.
New technological innovations, remote technologies, smart features, and sustainable products are opportunities for new entrants in the Philippines construction equipment industry.
Who are the key players in the Philippines construction machinery industry?
The key players in the Philippines, construction equipment market are Xuzhou Construction Machinery Group Co., Ltd. (XCMG), Caterpillar, Volvo Construction Equipment, Komatsu, SANY, JCB, Liebherr, Hitachi, Zoomlion Heavy Industry Science & Technology Co., Ltd., and Kubota.
What makes the Philippines an ideal market for construction equipment?
Quality manpower and resources, strategic business location, liberalized and business-friendly economy make the Philippines an ideal market for construction equipment
According to IMF, owing to the investments by the Philippines government in public infrastructure projects, the demand for construction equipment in the Philippines is likely to remain strong over the forecast period. The government is focusing on improving transport infrastructure by increasing fund allocation and approving various projects. Spending on transport infrastructure will increase the sale of construction equipment in the country. The removal of the ban on new mining projects is expected to create more employment opportunities and significantly increase the contribution of mining to the economic recovery over the forecast period.
Base Year: 2021
Forecast Year: 2022-2028
Scope: The report considers the present scenario of the Philippines construction equipment market and market dynamics for the forecast period 2022−2028. 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 Philippines construction equipment market.
Major Vendors
Other Prominent Vendors
Distributor Profiles
Market Segmentation by Type
Market Segmentation by End-user
Section 1 – Introduction
1.1 Market Snapshot
1.2 Executive Summary
Section 2 – Market Overview
Section 3 – Market Landscape
3.1 Philippines Construction Equipment Market by Type (Volume & Value)
3.1.1 Earthmoving Equipment
3.1.1.1 Excavator
3.1.1.2 Backhoe Loader
3.1.1.3 Motor Grader
3.1.1.4 Other Earthmoving Equipment (Other Loaders, Bulldozer, Trencher, etc.)
3.1.2 Material Handling Equipment
3.1.2.1 Crane
3.1.2.2 Forklift and Telescopic Handler
3.1.2.3 Aerial Platform (Articulated Boom lifts, Telescopic Boom lifts, Scissor Lifts, etc)
3.1.3 Road Construction Equipment
3.1.3.1 Road Roller
3.1.3.2 Asphalt Paver
3.2 Philippines Construction Equipment Market by End User (Volume & Value)
3.2.1 Construction
3.2.2 Manufacturing
3.2.3 Mining
3.2.4 Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management, etc.)
Section 4 – Market Dynamics
Section 5 – Technological Development
Section 6 – Competitive Landscape
Section 7 – Quantitative Summary
Section 8 – Report Summary
Section 9 – Report Scope & Definition
LIST OF EXHIBITS
Graph-1 Philippines Construction Equipment Market By Volume 2019-2028 (Unit Sales)
Graph-2 Construction Equipment Market In Philippines By Type, 2021 (% Volume Share)
Graph-3 Philippines Construction Equipment Market By Volume, 2019-2028 (Unit Sales)
Graph-4 Philippines Construction Equipment Market By Value, 2019-2028 ($ MN)
Graph-5 Philippines Construction Equipment Market by End User, 2021 (%)
Graph-6 Philippines Construction Equipment Market by Type, 2019-2028 (Unit Sales)
Graph-7 Philippines GDP, 2015-2020 ($ BN)
Graph-8 Regions In Philippines Share of GDP 2020 (% Share)
Graph-9 Foreign Direct Investment, Net Inflow, 2015-2019 ($ BN)
Graph-10 Philippines Construction Equipment Market by Type, 2019-2028 (Unit Sales)
Graph-11 Philippines Construction Equipment Market by Type 2021 (% Volume Share)
Graph-12 Philippines Construction Equipment Market by End User, 2019- 2028 (Unit Sales)
Graph-13 Philippines Earthmoving Equipment Market, 2019–2028 (Unit Sales)
Graph-14 Philippines Earthmoving Equipment Market, 2019–2028 ($ MN)
Graph-15 Philippines Excavator Market, 2019–2028 (Unit Sales)
Graph-16 Philippines Excavator Equipment Market, 2019–2028 ($ MN)
Graph-17 Philippines Backhoe Loader Market, 2019–2028 (Unit Sales)
Graph-18 Philippines Backhoe Loader Equipment Market, 2019–2028 ($ MN)
Graph-19 Philippines Motor Grader Market, 2019–2028 (Unit Sales)
Graph-20 Philippines Motor Grader Market, 2019–2028 ($ MN)
Graph-21 Philippines Other Earthmoving Equipment Market, 2019–2028 (Unit Sales)
Graph-22 Philippines Other Earthmoving Equipment Market, 2019–2028 ($ MN)
Graph-23 Philippines Material Handling Equipment Market, 2019–2028 (Unit Sales)
Graph-24 Philippines Material Handling Equipment Market, 2019–2028 ($ MN)
Graph-25 Philippines Crane Market, 2019–2028 (Unit Sales)
Graph-26 Philippines Crane Market, 2019–2028 ($ MN)
Graph-27 Philippines Forklift and Telescopic Handler Market, 2019–2028 (Unit Sales)
Graph-28 Philippines Forklift and Telescopic Handler Market, 2019–2028 ($ MN)
Graph-29 Philippines Aerial Platforms Market, 2019–2028 (Unit Sales)
Graph-30 Philippines Aerial Platforms Market, 2019–2028 ($ MN)
Graph-31 Philippines Road Construction Equipment Market, 2019–2028 (Unit Sales)
Graph-32 Philippines Road Construction Equipment Market, 2019–2028 ($ MN)
Graph-33 Philippines Road Roller Market, 2019–2028 (Unit Sales)
Graph-34 Philippines Road Roller Market, 2019–2028 ($ MN)
Graph-35 Philippines Asphalt Paver Market, 2019–2028 (Unit Sales)
Graph-36 Philippines Asphalt Paver Market, 2019–2028 ($ MN)
Graph-37 Philippines Construction Equipment Market By Construction, 2019–2028 (Unit Sales)
Graph-38 Philippines Construction Equipment Market By Construction, 2019–2028 ($ MN)
Graph-39 Philippines Construction Equipment Market By Manufacturing, 2019–2028 (Unit Sales)
Graph-40 Philippines Construction Equipment Market By Manufacturing, 2019–2028 ($ MN)
Graph-41 Philippines Construction Equipment Market By Mining, 2019–2028 (Unit Sales)
Graph-42 Philippines Construction Equipment Market By Mining, 2019–2028 ($ MN)
Graph-43 Philippines Construction Equipment Market By Others, 2019–2028 (Unit Sales)
Graph-44 Philippines Construction Equipment Market By Others, 2019–2028 ($ MN)
Graph-45 Import Value of Construction Equipment 2019 ($ MN)
Graph-46 Export Value of Construction Equipment 2019 ($ 000’s)
Graph-47 Caterpillar: Total Revenue, 2018-2020 ($ BN)
Graph-48 Caterpillar: Sales By Region (% Share)
Graph-49 Caterpillar: Total Revenue By Segment, 2020 (% Share)
Graph-50 Volvo: Construction Equipment Net Sales, 2016-2020 ($ BN)
Graph-51 Volvo: Share Of Net Sales By Market, 2020 (% Share)
Graph-52 Volvo: Share Of Net Sales By Segment, 2020 (% Share)
Graph-53 Komatsu: Consolidated Net Sales, 2018-2020 ($ BN)
Graph-54 Komatsu: Construction, Mining And Utility Equipment Business, Sales By Region, 2020
(% Share)
Graph-55 Komatsu: Breakdown Of Net Sales By Segment, 2020 (% Share)
Graph-56 Liebherr: Total Revenue, 2018-2020 (% Share)
Graph-57 Liebherr: Turnover By Region (% Share)
Graph-58 Liebherr: Total Revenue By Product Segment, 2020 (% Share)
Graph-59 Hitachi: Revenue, 2020-2021 ($ BN)
Graph-60 Zoomlion: Revenue, 2017-2020 ($ BN)
Graph-61 Kubota: Revenue, 2016-2020 ($ BN)
Graph-62 Kubota: Revenue By Segment, 2020 (% Share)
Graph-63 Kubota: Revenue By Region, 2020 (% Share)
Graph-64 John Deere: Revenue, 2018-2020 ($ MN)
Graph-65 John Deere: Shareholder Value ($ MN)
Graph-66 John Deere: Net Income ($ MN)
LIST OF TABLES
Table-1 Foreign Investment In Philippines
Table-2 Foreign Trade (Goods & Services), Annual % Change In 2021
Table-3 Foreign Trade Value ($ MN), 2020
Table-4 Key Construction Projects Initiated In Philippines
Table-5 Agreements & Their Descriptions
Table-6 Inflation & Interest Rate (%)
Table-7 2019 FDI Regulatory Restrictiveness Index
Table-8 Construction & Manufacturing Industries Share in GDP (% Share)
Table-9 Philippines Construction Equipment Market By Volume 2019-2028
Table-10 Philippines Construction Equipment By Type 2019-2018
Table-11 Philippines Earth Moving Equipment Market Size & Forecast, By Type (Volume, Units)
Table-12 Philippines Material Handling Equipment Market Size & Forecast, By Type (Volume, Units)
Table-13 Philippines Road Construction Equipment Market Size & Forecast, By Type (Volume, Units)
Table-14 Philippines Construction Equipment Market Size & Forecast, By End User (Units)
Table-15 Philippines Construction Equipment Market By Value 2019-2028
Table-16 Philippines Construction Equipment By Type 2019-2018
Table-17 Philippines Earth Moving Equipment Market Size & Forecast, By Type (Value, $ MN)
Table-18 Philippines Road Construction Equipment Market Size & Forecast, By Type (Value, $ MN)
Table-19 Philippines Material Handling Equipment Market Size & Forecast, By Type (Value, $ MN)
Table-20 Philippines Construction Equipment Market Size & Forecast, By End User
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