Brazil Construction Equipment Market (2024-2030) | industry, Size, Share, Trend, Growth, Forecast, Analysis, Outlook & COVID-19 IMPACT

Market Forecast by By Types (Mobile Cranes, Construction Tractors and Bulldozers, 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)) and competitive landscape

Product Code: ETC001654 Publication Date: Dec 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Topics Covered in Brazil Construction Equipment Market Report

Brazil construction equipment market report comprehensively covers the market by types and applications. The Brazil construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Brazil construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.

Brazil Construction Equipment Market Synopsis

Brazil construction equipment market growth is driven by the increasing adoption of construction equipment on renting basis with no big payments. This supports small and average companies by providing the opportunity to purchase the equipment on provisional terms which is one of the major aspects of growing the demand for Brazil construction equipment market. The manufacturing of the construction equipment market before was import driven while over the past few years, the market has shifted towards domestic manufacturing due to economic issues.

According to 6wresearch, Brazil Construction Equipment Market is expected to grow at a CAGR of 5.2% during 2024-2030. The government has planned to enhance the commercial and residential infrastructure which is expected to support economic conditions to regain investments producing positive effects on the construction equipment sector. The construction equipment industry in Brazil is expected to face challenges such as increasing the cost of construction equipment due to increasing raw material prices in the industry. Moreover, the construction application segment is expected to hold the construction equipment market of Brazil on account of growing infrastructure in the public and private sectors during the forecast period. The rising shortage of labour coupled with surging disposable income is driving the modern and advanced equipment adding to Brazil Construction Equipment Market Growth. The growing investment in infrastructure, airports, and transport is also adding to the development of the market.

The Brazil construction equipment market is not without its challenges. One of the major issues affecting the industry is economic volatility. Brazil's turbulent economy can have a direct impact on the construction industry. Consequently, projects are often put on hold or canceled, leading to a decline in demand for construction equipment. The second challenge is a lack of skilled laborers, operators, and technicians, leading to increased project delivery time and cost. These challenges can negatively affect the Brazil Construction Equipment Market Growth.

Construction Equipment Market in Brazil: Key Players

Leading the pack in the Brazil construction equipment market are local and global companies. The top three global players are Caterpillar Inc., Komatsu Ltd., and Volvo Group. Meanwhile, the local companies currently spearheading the national market include CNH, Liugong, and JCB. These companies have a strong reputation in the market, provide a comprehensive inventory of construction equipment, and have a significant market share.

Brazil Construction Equipment Industry: Government Initiatives

The Brazilian government acknowledges the vital role played by the construction industry in the overall economy. As a result, they have introduced several strategic initiatives to support the development of the construction equipment market. These initiatives include federal programs, such as the PAC (Growth Acceleration Program) and My House, My Life, to increase the construction of affordable housing units. Furthermore, the government has announced plans to invest in infrastructure projects, such as the high-speed rail link between Rio and Sao Paulo, creating ample opportunities for construction equipment providers.

Market Segmentation by Types

Based on types, earthmoving equipment is expected to dominate the construction equipment market share owing to the increasing sale of excavators and loaders. Furthermore, the manufacturers are aiming to advance and enhance the productivity of construction equipment which is anticipated to boost the demand for the construction equipment market in Brazil in the coming years.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Brazil Construction Equipment Market Outlook
  • Market Size of Brazil Construction Equipment Market, 2023
  • Forecast of Brazil Construction Equipment Market, 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues & Volume for the Period 2020 - 2030
  • Brazil Construction Equipment Market Trend Evolution
  • Brazil Construction Equipment Market Drivers and Challenges
  • Brazil Construction Equipment Price Trends
  • Brazil Construction Equipment Porter's Five Forces
  • Brazil Construction Equipment Industry Life Cycle
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Type for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and Volume by Cranes for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Construction Tractor and Bulldozer for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Earthmoving Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Aerial Work Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Material Handling Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Dump Trucks for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Road Construction Equipment for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Application for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Corporate Enterprise for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Oil and Gas for the Period 2020 - 2030
  • Historical Data and Forecast of Brazil Construction Equipment Market Revenues and volume by Mining for the Period 2020 - 2030
  • Brazil Construction Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Brazil Construction Equipment Top Companies Market Share
  • Brazil Construction Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Brazil Construction Equipment Company Profiles
  • Brazil 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)
Brazil Construction Equipment Market (2024-2030): FAQ
The rising shortage of labour coupled with surging disposable income is driving the modern and advanced equipment adding to Brazil Construction Equipment Market Growth.
The Brazilian government acknowledges the vital role played by the construction industry in the overall economy. As a result, they have introduced several strategic initiatives to support the development of the construction equipment market.
Caterpillar and Komatsu are the major players in the Brazil construction equipment market.
Based on types, earthmoving equipment is expected to dominate the construction equipment market share.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Brazil Construction Equipment Market Overview
3.1 Brazil Country Macro Economic Indicators
3.2 Brazil Construction Equipment Market  Revenues & Volume, 2020 & 2030F
3.3 Brazil Construction Equipment Market - Industry Life Cycle
3.4 Brazil Construction Equipment Market - Porter's Five Forces
3.5 Brazil Construction Equipment Market  Revenues & Volume Share, By Type, 2020 & 2030F
3.6 Brazil Construction Equipment Market  Revenues & Volume Share, By Application 2020 & 2030F
4 Brazil Construction Equipment Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Brazil Construction Equipment Market Trends
6. Brazil Construction Equipment Market , By Type
6.1 Brazil Construction Equipment Market Revenues & Volume, By Mobile Cranes  2020 - 2030F
6.2 Brazil Construction Equipment Market Revenues & Volume, By Construction Tractor and Bulldozer, 2020 - 2030F
6.3 Brazil Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2020 - 2030F
6.3 Brazil Construction Equipment Market Revenues & Volume, By Aerial Work Equipment, 2020 - 2030F
6.3 Brazil Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2020 - 2030F
6.3 Brazil Construction Equipment Market Revenues & Volume, By Dump Trucks, 2020 - 2030F
6.3 Brazil Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2020 - 2030F
7 Brazil Construction Equipment Market , By Application
7.1  Brazil Construction Equipment Market Revenues & Volume, By Corporate Enterprise, 2020 - 2030F
7.2 Brazil Construction Equipment Market Revenues & Volume, By Oil and Gas ,  2020 - 2030F
7.3 Brazil Construction Equipment Market Revenues & Volume, By Mining, 2020 - 2030F
7.3 Brazil Construction Equipment Market Revenues & Volume, By Others 2020 - 2030F
8 Brazil Construction Equipment Market  Import-Export Trade Statistics
8.1 Brazil Construction Equipment Market  Export to Major Countries
8.2 Brazil Construction Equipment Market  Imports from Major Countries
9 Brazil Construction Equipment Market Key Performance Indicators
10 Brazil Construction Equipment Market - Opportunity Assessment
10.1 Brazil Construction Equipment Market Opportunity Assessment, By Type, 2030
10.2 Brazil Construction Equipment Market Opportunity Assessment, By Application, 2030
11 Brazil Construction Equipment Market - Competitive Landscape
11.1 Brazil Construction Equipment Market Revenue Share, By Companies, 2023
11.2 Brazil Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer

Europe Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining), By Countries(Germany, France, Italy, United Kingdom, Rest of Europe)and competitive landscape

Latin America Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining), By Countries(Brazil, Mexico, Argentina, Rest of Latin America)and competitive landscape

South Korea Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining)and competitive landscape

North America Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining), By Countries(United States, Canada, Rest of North America)and competitive landscape

Asia Pacific (APAC) Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining), By Countries(India, China, Thailand, Malaysia, Japan, Australia, Indonesia, Rest of the Asia Pacific) and competitive landscape

Australia Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining)and competitive landscape

China Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor And Bulldozer), By Applications(Construction, Oil & Gas, Mining)And Competitive Landscape

Indonesia Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor And Bulldozer), By Applications(Construction, Oil & Gas, Mining)And Competitive Landscape

Japan Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor And Bulldozer), By Applications(Construction, Oil & Gas, Mining)And Competitive Landscape

Middle East Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining), By Key Countries(Qatar, UAE, Saudi Arabia, Kuwait, Oman, Turkey & Rest of Middle East (Iraq, Lebanon, Bahrain, Jordan) and competitive landscape

India Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining), By Regions(Northern, Eastern, Western, Southern) and competitive landscape

Africa Construction Equipment Market (2020-2026): Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining)and competitive landscape

 

Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment(Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications(Construction, Oil & Gas, Mining)and competitive landscape

Product Code: ETC001654 Publication Date: Mar 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Brazil construction equipment market report comprehensively covers the market by types and applications. The Brazil construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Brazil construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.

Latest 2023 Development of the Brazil Construction Equipment Market

Brazil Construction Equipment Market is predicted to grow over the years owing to government initiatives to boost the construction industry, increasing investments in infrastructure development projects, and the advancements in technology and the adoption of digitalization in the construction sector. The government has been investing heavily in infrastructure development which has led to increased demand for construction equipment. Additionally, rapid urbanization has led to the development of new commercial and residential buildings, which require heavy equipment for construction. Moreover, the country is a major producer of natural resources which require heavy equipment for extraction.

Furthermore, the government has implemented several initiatives to encourage investment in the construction sector which includes tax incentives and subsidies for companies that invest in the industry. The development of advanced technologies in the construction equipment industry in Brazil has led to increased productivity and efficiency. 

Brazil construction equipment market Synopsis

Brazil construction equipment market growth is driven by the increasing adoption of construction equipment on renting basis with no big payments. This supports small and average companies by providing the opportunity to purchase the equipment on provisional terms which is one of the major aspects of growing the demand for Brazil construction equipment market. The manufacturing of the construction equipment market before was import driven while over the past few years, the market has shifted towards domestic manufacturing due to economic issues.

According to 6wresearch, Brazil Construction Equipment Market is expected to grow during 2020-2026. The government has planned to enhance the commercial and residential infrastructure which is expected to support economic conditions to regain investments producing positive effects on the construction equipment sector. The construction equipment industry in Brazil is expected to face challenges such as increasing the cost of construction equipment due to increasing raw material prices in the industry. Moreover, the construction application segment is expected to hold the construction equipment market of Brazil on account of growing infrastructure in the public and private sectors during the forecast period. The rising shortage of labour coupled with surging disposable income is driving the modern and advanced equipment adding to Brazil Construction Equipment Market Growth. The growing investment in infrastructure, airports, and transport is also adding to the development of the market. 

Brazil construction equipment market is anticipated to register sound revenues in the foreseeable future on the back of the substantial growth of the construction, oil & gas, and mining industry. Moreover, the rise in the need for efficiency and productivity backed by rising the need to complete major tasks within the stipulated time frame is leading to more profit and is estimated to foster the demand for construction equipment in the market. Further, eliminating human manual work that causes fatigue and major injuries would be the crucial factor in driving sales revenue owing to compelled contractors to use advanced equipment while construction is anticipated to benefit Brazil construction equipment market during the forecast period.

Caterpillar and Komatsu are the major players in the Brazil construction equipment market. 

COVID-19 influence on Brazil Construction Equipment Market

The COVID-19 pandemic had initially given rise to a slowdown in the construction equipment market and halted many infrastructure development projects due to lockdowns and other restrictions. However, as the situation improved and restrictions were lifted, the market began to recover, and it is expected to grow in the forthcoming years.

Market Analysis by Types

Based on types, earthmoving equipment is expected to dominate the construction equipment market share owing to the increasing sale of excavators and loaders. Furthermore, the manufacturers are aiming to advance and enhance the productivity of construction equipment which is anticipated to boost the demand for the construction equipment market in Brazil in the coming years.

Key Highlights of the Report:

  • Brazil Construction Equipment Market Overview.
  • Brazil Construction Equipment Market Outlook.
  • Brazil Construction Equipment Market Size and Brazil Construction Equipment Market Forecast until 2026.
  • Historical Data of Brazil Construction Equipment Market Revenues & Volume for the Period 2016-2019.
  • Market Size & Forecast of Brazil Construction Equipment Market Revenues & Volume until 2026.
  • Historical Data of Brazil Construction Equipment Market Revenues and Volume, By Application, for the Period 2016-2019
  • Market Size & Forecast of Brazil Construction Equipment Market Revenues and Volume, By Application, until 2026
  • Market Drivers and Restraints
  • Brazil Construction Equipment Market Trends and Industry Life Cycle
  • Porter's Five Force Analysis
  • Market Opportunity Assessment
  • Brazil Construction Equipment Market Share, By Players
  • Brazil Construction Equipment Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Brazil Construction Equipment Market report provides a detailed analysis of the following market segments:

  • By Types:

    • Cranes
      • Mobile Crane
      • Crawler Crane
      • Tower Crane
      • 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:
    • Construction
    • Oil & Gas
    • Mining
    • Others (Municipality, Road Construction)

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