Some of the key used construction equipment market players are
Caterpillar Inc.
Komatsu Ltd.
Volvo Construction Equipment
Hitachi Construction Machinery Co. Ltd.
JCB
Liebherr Group Deere & Company (John Deere)
SANY Group
Doosan Infracore Co., Ltd.
Kobelco Construction Machinery Co., Ltd.
Authors:
Preeti Wadhwani
Frequently Asked Questions (FAQ) :
The market size for used construction equipment is predicted to expand at 5.8% CAGR during 2023 and 2032, backed by the high cost of new construction equipment.
The earthmoving & road building equipment segment is anticipated to witness high demand for machinery, such as excavators, loaders, backhoes, and compaction equipment, over 2023-2032, owing to the increasing urbanization and rapid infrastructure development.
Europe used construction equipment industry held a significant revenue share in 2022 and is poised to impressive growth through 2032, owing to the supportive regulatory frameworks, and technological advancements.
Caterpillar Inc., Komatsu Ltd., Volvo Construction Equipment, Hitachi Construction Machinery Co., Ltd., JCB, Liebherr Group, Deere & Company (John Deere), SANY Group, Doosan Infracore Co., Ltd., and Kobelco Construction Machinery Co., Ltd. among others.