| Product Code: ETC4775629 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Armenia construction equipment market, the import trend experienced a -10.13% growth rate from 2023 to 2024, with a notable 65.49% compound annual growth rate (CAGR) for the period 2020-2024. This decline in import momentum in 2024 could be attributed to shifting demand patterns or changes in trade policies impacting market stability.

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 Armenia Construction Equipment Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Construction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Construction Equipment Market - Industry Life Cycle |
3.4 Armenia Construction Equipment Market - Porter's Five Forces |
3.5 Armenia Construction Equipment Market Revenues & Volume Share, By Emission Regulation Stage, 2021 & 2031F |
3.6 Armenia Construction Equipment Market Revenues & Volume Share, By Aftertreatment Device, 2021 & 2031F |
3.7 Armenia Construction Equipment Market Revenues & Volume Share, By Electric Construction Equipment By Type, 2021 & 2031F |
3.8 Armenia Construction Equipment Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.9 Armenia Construction Equipment Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.10 Armenia Construction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Armenia Construction Equipment Market Revenues & Volume Share, By Equipment Category, 2021 & 2031F |
4 Armenia Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Armenia Construction Equipment Market Trends |
6 Armenia Construction Equipment Market Segmentations |
6.1 Armenia Construction Equipment Market, By Emission Regulation Stage |
6.1.1 Overview and Analysis |
6.1.2 Armenia Construction Equipment Market Revenues & Volume, By Stage II, 2021-2031F |
6.1.3 Armenia Construction Equipment Market Revenues & Volume, By Stage III, 2021-2031F |
6.1.4 Armenia Construction Equipment Market Revenues & Volume, By Stage IV, 2021-2031F |
6.1.5 Armenia Construction Equipment Market Revenues & Volume, By Stage V, 2021-2031F |
6.1.6 Armenia Construction Equipment Market Revenues & Volume, By Stage VI, 2021-2031F |
6.1.7 Armenia Construction Equipment Market Revenues & Volume, By Tier 4, 2021-2031F |
6.2 Armenia Construction Equipment Market, By Aftertreatment Device |
6.2.1 Overview and Analysis |
6.2.2 Armenia Construction Equipment Market Revenues & Volume, By Diesel Oxidation Catalyst (DOC), 2021-2031F |
6.2.3 Armenia Construction Equipment Market Revenues & Volume, By Diesel Particulate Filter (DPF), 2021-2031F |
6.2.4 Armenia Construction Equipment Market Revenues & Volume, By Exhaust Gas Recirculation (EGR), 2021-2031F |
6.2.5 Armenia Construction Equipment Market Revenues & Volume, By Selective Catalytic Reduction (SCR), 2021-2031F |
6.3 Armenia Construction Equipment Market, By Electric Construction Equipment By Type |
6.3.1 Overview and Analysis |
6.3.2 Armenia Construction Equipment Market Revenues & Volume, By Dump Truck, 2021-2031F |
6.3.3 Armenia Construction Equipment Market Revenues & Volume, By Loader, 2021-2031F |
6.3.4 Armenia Construction Equipment Market Revenues & Volume, By Dozer, 2021-2031F |
6.3.5 Armenia Construction Equipment Market Revenues & Volume, By Excavator, 2021-2031F |
6.3.6 Armenia Construction Equipment Market Revenues & Volume, By Motor Grader, 2021-2031F |
6.4 Armenia Construction Equipment Market, By Power Output |
6.4.1 Overview and Analysis |
6.4.2 Armenia Construction Equipment Market Revenues & Volume, By <100 HP, 2021-2031F |
6.4.3 Armenia Construction Equipment Market Revenues & Volume, By 101? ??200 HP, 2021-2031F |
6.4.4 Armenia Construction Equipment Market Revenues & Volume, By 201? ??400 HP, 2021-2031F |
6.4.5 Armenia Construction Equipment Market Revenues & Volume, By >400 HP, 2021-2031F |
6.5 Armenia Construction Equipment Market, By Propulsion Type |
6.5.1 Overview and Analysis |
6.5.2 Armenia Construction Equipment Market Revenues & Volume, By Diesel, 2021-2031F |
6.5.3 Armenia Construction Equipment Market Revenues & Volume, By CNG/LNG/RNG? , 2021-2031F |
6.6 Armenia Construction Equipment Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Armenia Construction Equipment Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.6.3 Armenia Construction Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.6.4 Armenia Construction Equipment Market Revenues & Volume, By Residential? , 2021-2031F |
6.7 Armenia Construction Equipment Market, By Equipment Category |
6.7.1 Overview and Analysis |
6.7.2 Armenia Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2021-2031F |
6.7.3 Armenia Construction Equipment Market Revenues & Volume, By Material-Handling Equipment, 2021-2031F |
6.7.4 Armenia Construction Equipment Market Revenues & Volume, By Other Equipment? , 2021-2031F |
6.7.5 Armenia Construction Equipment Market Revenues & Volume, By Other Equipment? , 2021-2031F |
6.8 Armenia Construction Equipment Market, By Equipment Type |
6.8.1 Overview and Analysis |
6.8.2 Armenia Construction Equipment Market Revenues & Volume, By Articulated Dump Truck, 2021-2031F |
6.8.3 Armenia Construction Equipment Market Revenues & Volume, By Asphalt Finisher, 2021-2031F |
6.8.4 Armenia Construction Equipment Market Revenues & Volume, By Crawler Dozer, 2021-2031F |
6.8.5 Armenia Construction Equipment Market Revenues & Volume, By Crawler Dozer, 2021-2031F |
6.8.6 Armenia Construction Equipment Market Revenues & Volume, By Crawler Excavator, 2021-2031F |
6.8.7 Armenia Construction Equipment Market Revenues & Volume, By Crawler Loader, 2021-2031F |
6.8.8 Armenia Construction Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.8.9 Armenia Construction Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Construction Equipment Market Import-Export Trade Statistics |
7.1 Armenia Construction Equipment Market Export to Major Countries |
7.2 Armenia Construction Equipment Market Imports from Major Countries |
8 Armenia Construction Equipment Market Key Performance Indicators |
9 Armenia Construction Equipment Market - Opportunity Assessment |
9.1 Armenia Construction Equipment Market Opportunity Assessment, By Emission Regulation Stage, 2021 & 2031F |
9.2 Armenia Construction Equipment Market Opportunity Assessment, By Aftertreatment Device, 2021 & 2031F |
9.3 Armenia Construction Equipment Market Opportunity Assessment, By Electric Construction Equipment By Type, 2021 & 2031F |
9.4 Armenia Construction Equipment Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.5 Armenia Construction Equipment Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.6 Armenia Construction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Armenia Construction Equipment Market Opportunity Assessment, By Equipment Category, 2021 & 2031F |
9.7 Armenia Construction Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
10 Armenia Construction Equipment Market - Competitive Landscape |
10.1 Armenia Construction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Armenia Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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