Kenya Construction Equipment Market (2020-2026) | Share, Size, Outlook, Revenue, Analysis, Forecast, Trends, Growth & COVID-19 IMPACT

Latest 2023 Development of the Kenya Construction Equipment Market

Kenya construction equipment market is adopting new technologies, such as Building Information Modeling (BIM) and 3D printing. This has led to an increased demand for construction equipment that is compatible with these technologies. Additionally, the Kenyan government has been actively promoting affordable housing schemes to address the country's housing shortage. This has led to an increase in demand for construction equipment, such as cranes, excavators, and concrete mixers. Further, the Kenyan government has also been investing heavily in the country's road network, with a particular focus on rural roads. This has led to an increase in demand for construction equipment, such as bulldozers, graders, and pavers.

The construction equipment industry in Kenya is highly competitive, with several international and domestic players vying for market share. This has led to a greater emphasis on innovation, product differentiation, and pricing strategies among equipment suppliers. Additionally, the construction industry in Kenya has been placing greater emphasis on environmental sustainability, with a focus on reducing carbon emissions, conserving natural resources, and minimizing waste. This has led to an increased demand for construction equipment that is energy-efficient and environmentally friendly. Moreover, due to the high cost of construction equipment in Kenya, there has been an increased demand for compact equipment, such as mini excavators and skid steer loaders. These machines are more affordable and versatile, making them popular among small and medium-sized construction companies.

Kenya construction equipment market Synopsis

Kenya construction equipment market has witnessed growth over the past few years primarily due to rising infrastructural development activities in the country under the Kenya Vision 2030. Additionally, the rising population has created the need to construct new housing units which would further accelerate the demand for the construction equipment market in Kenya over the coming years. However, the Kenya market is likely to witness a slowdown in economic activity in the first three quarters of the year 2020 due to the outbreak of the coronavirus pandemic which had a negative impact on businesses worldwide. However, the market in Kenya is expected to recover the economic scenario during the second half of 2020 and the construction equipment market in Kenya is also likely to recover gradually by the end of 2020.

According to 6Wresearch, Kenya Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is primarily driven by the entry of several new companies in the construction market of Kenya as well as due to new technological developments taking place in the construction equipment market of Kenya. Additionally, government initiatives towards several infrastructural development projects such as the Standard Gauge Railway and the Lamu Port South Sudan Ethiopia Transport (LAPPSET) would further spur the demand of the construction equipment market in Kenya during the forecast period.

Based on equipment types, earthmoving equipment is dominating the overall Kenya construction equipment market primarily due to increasing infrastructural development activities through public and private sector partnerships in the country.

The Kenya construction equipment market report thoroughly covers the market by equipment types, equipment sub-segment types, applications, and regions. Kenya's construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Kenya 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

• Kenya Construction Equipment Market Overview
• Kenya Construction Equipment Market Outlook
• Kenya Construction Equipment Market Forecast
• Historical Data of Kenya Construction Equipment Market Revenues and Volumes for the Period 2016-2019.
• Market Size & Forecast of Kenya Construction Equipment Market Revenues and Volumes, Until 2026.
• Historical Data of Kenya Cranes Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Cranes Market, Until 2026.
• Historical Data of Kenya Bull Dozers & Construction Tractors Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Bull Dozers & Construction Tractors Market, Until 2026.
• Historical Data of Kenya Earth Moving Equipment Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Earthmoving Equipment Market, Until 2026.
• Historical Data of Kenya Material Handling Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Material Handling Market, Until 2026.
• Historical Data of Kenya Dump Trucks Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Dump Trucks Market, Until 2026.
• Historical Data of Kenya Aerial Work Platform Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Aerial Work Platform Market, Until 2026.
• Historical Data of Kenya Road Construction Equipment Market for the Period 2016-2019.
• Market Size & Forecast of Kenya Road Construction Equipment Market, Until 2026.
• Historical Data of Kenya Construction Equipment Market Revenues and Volumes, by Applications, for the Period 2016-2019
• Market Size & Forecast of Kenya Construction Equipment Market Revenues and Volumes, by Applications, Until 2026
• Historical Data of Kenya Construction Equipment Market Revenues and Volumes, by Regions, for the Period 2016-2019
• Market Size & Forecast of Kenya Construction Equipment Market Revenues and Volumes, by Regions, Until 2026
• Market Drivers and Restraints
• Kenya Construction Equipment Market Trends and Industry Life Cycle
• Porter’s Five Forces Analysis
• Market Opportunity Assessment
• Kenya Construction Equipment Market Share, By Countries
• Kenya Construction Equipment Market Share, By Companies
• Kenya Construction Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Kenya construction equipment market report provides a detailed analysis of the following market segments:

• 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, Road Construction)

Kenya Construction Equipment Market: FAQs