Breakdown by earthmoving equipment, road construction equipment and material handling equipment

DUBLIN, March 22, 2022 /PRNewswire/ — The “Latin America Construction Equipment Market – Strategic Assessment and Forecast 2021-2027” report has been added to from ResearchAndMarkets.com offer.

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the Latin America the construction equipment market size will be valued at $5065.5 million and reach a volume of 137,748 units by 2027, with a CAGR of 4.75% in volume during the period 2021-2027.

The report examines the current scenario of Latin America construction equipment market and market dynamics for the forecast period 2021-2027. It covers a detailed overview of several growth catalysts, restraints, and market trends. The study includes sales volume and value with industry analysis of Latin America construction machinery market.

Investment by governments in the development of public infrastructure such as roads, airports, ports and energy sector is expected to bring strong growth to the construction equipment market in Latin America. Demand for construction equipment is strong in the region.

Contractors, mining companies and construction companies are the main customers of the equipment in the market. Rental companies such as Carlyle Group, Grupo Orguel and BigRentz hold a fair share of the market.

LATIN AMERICA CONSTRUCTION EQUIPMENT MARKET OVERVIEW

The surge in global commodity prices should stimulate positively Latin America mining industry. The increased demand for natural resources in recent years will have a positive impact on the demand for construction equipment used in the mining industry, such as excavators, loaders and cranes.

Demand for construction equipment is strong in the region. Contractors, mining companies and construction companies are the main consumers in the Latin American construction equipment rental market. Rental companies such as Carlyle Group, Grupo orguel and BigRentz have a fair share of the market.

REPORT KEY POINTS

Investment in renewable energy projects has increased across the region due to the government’s program to achieve carbon neutral targets by 2040, driving growth for the Latin America construction machinery market. For example, in Chilethe government is creating a regulatory framework to allow the installation of large-scale electricity storage, which would completely decarbonize the energy sector.

Brazil and Mexico will be in high demand in the Latin America heavy construction equipment market in 2021 owing to increased investment in road redevelopment projects.

LATIN AMERICA CONSTRUCTION EQUIPMENT MARKET SEGMENTATION

Latin America The earthmoving equipment market is expected to witness robust growth till 2027 owing to factors such as growth in the transportation sector with increasing government investment in highway, metro and airport construction projects.

The market share of forklifts is higher than that of other material handling equipment such as cranes in the Brazilian market. Various port development projects, such as the development of port terminals in Sao Luis and Rio category do Sul, are planned for 2021 with an investment of $19.1 million by the Brazilian government.

VENDOR LANDSCAPE

The main suppliers of Latin America construction equipment market are Caterpillar, Liebherr, Komatsu, Volvo Construction Equipment, JCB, Xuzhou Construction Machinery Group Co., Ltd., SANY, etc.

In 2021, SANY launched SY215C large excavator to meet the needs of large-scale construction and mining projects in the region.

WHY SHOULD YOU PURCHASE THIS REPORT?

This report is one of the few in the market to offer forecast analysis of prospects and opportunities in terms of:

  • Volume (Unit sales)

  • Type

  • Application

  • Countries

  • Value (USD)

  • Type

  • Application

  • Countries

  • Get a competitive intelligence on the economic scenario, advantages in Latin American countries, major projects and investments, dynamics and market share.

  • Examples of the latest technologies.

  • Get a presentation-ready format and easy-to-interpret data.

  • Enable decision makers to make informed and profitable choices

  • Benefit from expert quantitative and qualitative analysis on projected market value/volume growth. Latin America construction machinery market share

  • Complete supply chain analysis

  • Get COVID-19 market impact analysis

  • Company profile of 19 suppliers and distributors

Main suppliers

  • caterpillar

  • Liebherr

  • Komatsu

  • Volvo construction equipment

  • JCB

  • Xuzhou Construction Machinery Group Co., Ltd

  • SANY

  • John Deere

  • Hyundai construction equipment

  • Shantui construction machinery

  • bomag

  • Ammann

  • towards the sun

  • Yanmar

Profiles of key distributors

  • ADCOMA

  • Ibergruas

  • Gold Equipment Company

  • rentands

  • trabel

Main topics covered:

Chapter 1 – Presentation

  • Market overview

  • Summary

Section 2 – Market Overview
Economic scenario, Infrastructure construction projects in Latin AmericaPESTLE Analysis, Government Focus on Construction Projects, Key Economic Regions, Import/Export Analysis, Supply Chain Overview, Impact of COVID-19

Section 3- Technological Advances

Section 4 Market Dynamics

Section 5 – Latin America Construction Equipment (Type and Application)
5.1 Latin America Construction Equipment Market by Type (Volume and Value)
5.1.1. earthmoving equipment

  • Excavator

  • Backhoe loader

  • motor grader

  • Other earthmoving equipment (other loaders, bulldozer, trencher, etc.)

5.1.2. road construction equipment

5.1.3. Handling equipment

  • Crane

  • Forklift and telehandler

  • Aerial platform (articulated platforms, telescopic platforms, scissor lifts, etc.)

5.2 Latin America Construction Equipment Market by Application (Volume and Value)

5.3 Latin America Construction Equipment Market by Country (Volume and Value)

Section 6 – Competitive Landscape

  • Overview of the competitive landscape

  • Main suppliers (Caterpillar Brazil, Komatsu, Hyundai Construction Equipment, Volvo Construction Equipment, JCB International do Brasil Representacao Comercial Ltda, XCMG, SANY Group, John Deere Americas, Ammann Brazil, Sunward, Yanmar America, Shantui Brazil)

  • Distributor profile

Section 7 – Report Summary

  • key ideas

  • Abbreviations

  • List of exhibitions

Section 8 – Scope and definition of the report

For more information on this report, visit https://www.researchandmarkets.com/r/kxw0b2

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