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Market Share

Report ID: GMI5131
Published Date: Jan 2023
Report Format: PDF

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Construction Equipment Aftermarket Share

Some of the leading companies in the global industry scenario include

Volvo Construction Equipment
Komatsu Ltd.
Caterpillar, Inc.
SANY Group
Zoomlion Heavy Industry Science and Technology Co., Ltd.
XCMG Group
The Manitowoc Company Inc.
Terex Corporation, Tadano Ltd
Liebherr Group

These leaders are implementing strategic initiatives to expand production capabilities and business footprint worldwide.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The aftermarket for construction equipment surpassed USD 25 billion in 2022 and is expected to record over 4% CAGR from 2023-2032, according to GMI report.

The material handling & cranes market reached USD 5 billion in 2022 due to a surge in modern infrastructure projects and urban development activities.

Europe construction equipment aftermarket is estimated to attain 25% gains through 2032 owing to increasing preference for electric equipment

Komatsu Ltd., Caterpillar, Inc., SANY Group, XCMG Group, Terex Corporation, Tadano Ltd., and Liebherr Group are some of the major companies in the business scenario.