Market Forecast By Types (Mobile Cranes, Construction Tractor and Bulldozer, Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Dump Trucks, Road Construction Equipment (Pavers, Road Rollers), By Applications (Corporate Enterprise, Oil and Gas, Mining), Others (Municipality and Road Construction), By Regions (Northern, Eastern, Western, southern) and Competitive Landscape
Product Code: ETC002006 | Publication Date: Dec 2023 | Updated Date: Dec 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Mauritius construction equipment market report thoroughly covers the market by types and applications. Mauritius construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Mauritius construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mauritius construction equipment market has witnessed growth over the past few years primarily due to the development the commercial and industrial sectors as well as the growing tourism and hospitality industry in the country. The government of the country has been helping this market to progress and for this, it has implemented a number of initiatives.
According to 6Wresearch, Mauritius Construction Equipment Market size is anticipated to expand at a CAGR of 5.4% during 2023-2029. One of the key drivers of growth in the Philippines construction equipment market has been the significant investment in infrastructure development projects across the country. The “Build, Build, Build” program has led to the development of more airports, seaports, railways, and roads. This has translated to an increase in market demand for construction equipment, particularly heavy machinery. More contractors are getting into the market to meet the high demand for equipment, leading to increased competition.
The Philippines construction equipment market faces several challenges despite the growth witnessed in recent years. One of the major challenges is the highly competitive nature of the market, which has led to high pricing pressure. This has threatened the profit margins of players in the market. In addition to this, some contractors opt to purchase low-quality equipment, which leads to premature failure, resulting in poor returns on investment. Additionally, the availability of manpower in the market has been a challenge, leading to projects being delayed as contractors struggle to find skilled laborers.
A few notable players have dominated the Philippines construction equipment market. Caterpillar, for instance, has been the leading player in the market, followed closely by Komatsu and Hitachi. Other notable players in the market include Volvo, Hyundai, Doosan, and Liebherr. These players have established themselves in the market through strategic partnerships with contractors and distributors, investing in research and development, and launching new products that fit the needs of the market.
The Philippine government has played a significant role in the growth of the construction equipment market. One of the notable initiatives that the government has taken is reducing the import duty on construction equipment. This has made it easier for players to import equipment at a lower cost. In addition to this, the government has also implemented a Public-Private Partnership (PPP) program aimed at financing and developing infrastructure projects. This has acted as a significant catalyst for the growth of the construction equipment market.
According to Sumit, Senior Research Analyst, 6Wresearch, road construction as well as earthmoving equipment dominate the Bahrain construction equipment market growth primarily owing to the developing industrial and commercial sectors
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mauritius Construction Equipment Market Overview |
3.1 Mauritius Country Macro Economic Indicators |
3.2 Mauritius Construction Equipment Market Revenues & Volume, 2019 & 2029F |
3.3 Mauritius Construction Equipment Market - Industry Life Cycle |
3.4 Mauritius Construction Equipment Market - Porter's Five Forces |
3.5 Mauritius Construction Equipment Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.6 Mauritius Construction Equipment Market Revenues & Volume Share, By Application 2022 & 2029F |
4 Mauritius Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mauritius Construction Equipment Market Trends |
6. Mauritius Construction Equipment Market , By Type |
6.1 Mauritius Construction Equipment Market Revenues & Volume, By Mobile Cranes 2019 - 2029F |
6.2 Mauritius Construction Equipment Market Revenues & Volume, By Construction Tractor and Bulldozer, 2019- 2029F |
6.3 Mauritius Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2019- 2029F |
6.3 Mauritius Construction Equipment Market Revenues & Volume, By Aerial Work Equipment, 2019- 2029F |
6.3 Mauritius Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2019- 2029F |
6.3 Mauritius Construction Equipment Market Revenues & Volume, By Dump Trucks, 2019- 2029F |
6.3 Mauritius Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2019- 2029F |
7 Mauritius Construction Equipment Market , By Application |
7.1 Mauritius Construction Equipment Market Revenues & Volume, By Corporate Enterprise, 2019 - 2029F |
7.2 Mauritius Construction Equipment Market Revenues & Volume, By Oil and Gas , 2019 - 2029F |
7.3 Mauritius Construction Equipment Market Revenues & Volume, By Mining, 2019 - 2029F |
7.3 Mauritius Construction Equipment Market Revenues & Volume, By Others 2019 - 2029F |
8 Mauritius Construction Equipment Market Import-Export Trade Statistics |
8.1 Mauritius Construction Equipment Market Export to Major Countries |
8.2 Mauritius Construction Equipment Market Imports from Major Countries |
9 Mauritius Construction Equipment Market Key Performance Indicators |
10 Mauritius Construction Equipment Market - Opportunity Assessment |
10.1 Mauritius Construction Equipment Market Opportunity Assessment, By Type, 2029 |
10.2 Mauritius Construction Equipment Market Opportunity Assessment, By Application, 2029 |
11 Mauritius Construction Equipment Market - Competitive Landscape |
11.1 Mauritius Construction Equipment Market Revenue Share, By Companies, 2022 |
11.2 Mauritius Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |
Market Forecast By Types (Mobile Cranes, Construction Tractor and Bulldozer, Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Dump Trucks, Road Construction Equipment (Pavers, Road Rollers), By Applications (Corporate Enterprise, Oil and Gas, Mining), Others (Municipality and Road Construction), By Regions (Northern, Eastern, Western, southern) and Competitive Landscape
Product Code: ETC002006 | Publication Date: Dec 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Topics Covered in Mauritius Construction Equipment Market Report
The Mauritius construction equipment market report thoroughly covers the market by types and applications. Mauritius construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Mauritius construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mauritius Construction Equipment Market Synopsis
Mauritius construction equipment market has witnessed growth over the past few years primarily due to the development the commercial and industrial sectors as well as the growing tourism and hospitality industry in the country. The government of the country has been helping this market to progress and for this, it has implemented a number of initiatives.
According to 6Wresearch, Mauritius Construction Equipment Market size is anticipated to expand at a CAGR of 5.4% during 2023-2029. One of the key drivers of growth in the Philippines construction equipment market has been the significant investment in infrastructure development projects across the country. The “Build, Build, Build” program has led to the development of more airports, seaports, railways, and roads. This has translated to an increase in market demand for construction equipment, particularly heavy machinery. More contractors are getting into the market to meet the high demand for equipment, leading to increased competition.
The Philippines construction equipment market faces several challenges despite the growth witnessed in recent years. One of the major challenges is the highly competitive nature of the market, which has led to high pricing pressure. This has threatened the profit margins of players in the market. In addition to this, some contractors opt to purchase low-quality equipment, which leads to premature failure, resulting in poor returns on investment. Additionally, the availability of manpower in the market has been a challenge, leading to projects being delayed as contractors struggle to find skilled laborers.
Key Players of the Market
A few notable players have dominated the Philippines construction equipment market. Caterpillar, for instance, has been the leading player in the market, followed closely by Komatsu and Hitachi. Other notable players in the market include Volvo, Hyundai, Doosan, and Liebherr. These players have established themselves in the market through strategic partnerships with contractors and distributors, investing in research and development, and launching new products that fit the needs of the market.
Construction Equipment Market in Mauritius: Government Initiatives
The Philippine government has played a significant role in the growth of the construction equipment market. One of the notable initiatives that the government has taken is reducing the import duty on construction equipment. This has made it easier for players to import equipment at a lower cost. In addition to this, the government has also implemented a Public-Private Partnership (PPP) program aimed at financing and developing infrastructure projects. This has acted as a significant catalyst for the growth of the construction equipment market.
Market Segmentation by Type
According to Sumit, Senior Research Analyst, 6Wresearch, road construction as well as earthmoving equipment dominate the Bahrain construction equipment market growth primarily owing to the developing industrial and commercial sectors
Key Attractiveness of the Report
COVID-19 Impact on the Market.
10 Years of Market Numbers.
Historical Data Starting from 2019 to 2022.
Base Year: 2022
Forecast Data until 2029.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.
Key Highlights of the Report:
Mauritius Construction Equipment Market Outlook
Market Size of Mauritius Construction Equipment Market, 2022
Forecast of Mauritius Construction Equipment Market, 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues & Volume for the Period 2019 - 2029
Mauritius Construction Equipment Market Trend Evolution
Mauritius Construction Equipment Market Drivers and Challenges
Mauritius Construction Equipment Price Trends
Mauritius Construction Equipment Porter's Five Forces
Mauritius Construction Equipment Industry Life Cycle
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Type for the Period 2019 – 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and Volume by Cranes for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Construction Tractor and Bulldozer for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Earthmoving Equipment for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Aerial Work Equipment for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Material Handling Equipment for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Dump Trucks for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Road Construction Equipment for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Application for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Corporate Enterprise for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Oil and Gas for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Mining for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Others for the Period 2019 – 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Regions for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Northern for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Eastern for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Western for the Period 2019 - 2029
Historical Data and Forecast of Mauritius Construction Equipment Market Revenues and volume by Southern for the Period 2019 – 2029
Mauritius Construction Equipment Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Regions
Mauritius Construction Equipment Top Companies Market Share
Mauritius Construction Equipment Competitive Benchmarking By Technical and Operational Parameters
Mauritius Construction Equipment Company Profiles
Mauritius Construction Equipment Key Strategic Recommendation
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types:
Mobile Cranes
Construction Tractor and Bulldozer
Earthmoving Equipment
Aerial Work Equipment
Material Handling Equipment
Dump Trucks
Road Construction Equipment
By Applications:
Corporate Enterprise
Oil and Gas
Mining
Others (Municipality and Road Construction)
Market Forecast By Types (Mobile Cranes, Construction Tractor and Bulldozer, Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Dump Trucks, Road Construction Equipment (Pavers, Road Rollers), By Applications (Corporate Enterprise, Oil and Gas, Mining), Others (Municipality and Road Construction), By Regions (Northern, Eastern, Western, southern) and Competitive Landscape
Product Code: ETC002006 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Mauritius construction equipment market has witnessed growth over the past few years primarily due to the developing the commercial and industrial sectors as well as the growing tourism and hospitality industry in the country. However, the Mauritius economy is likely to witness a slowdown during the first three quarters of 2020, due to the outbreak of COVID-19 pandemic. Though, the economic scenario in Mauritius is expected to recover steadily during the second half of 2020. Further, the construction equipment market in Mauritius is likely to recover gradually over the years to come.
According to 6Wresearch, Mauritius Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is primarily attributed to government initiatives towards developing public infrastructures such as the launch of the first phase of a $525 million light rail system in Mauritius in 2019 and the construction of luxury hotels and resorts by international hotel groups. Further, the country has also experienced substantial growth in tourism projects over the past few years. These initiatives will spur the demand for the construction equipment market in Mauritius during the forecast period.
In terms of equipment types, self-propelled road making and earthmoving equipment dominate the overall Mauritius construction equipment market mainly due to the growing tourism and hospitality industry in the country. Further, cranes and material handling equipment are also registering significant growth in recent years.
The Mauritius construction equipment market report thoroughly covers the market by equipment types, equipment sub-segment types, applications, and regions. Mauritius construction equipment market outlook report provides an unbiased and detailed analysis of the on-going Mauritius construction equipment market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
Markets Covered
The Mauritius construction equipment market report provides a detailed analysis of the following market segments: