Latin America Construction Equipment Market (2020-2026) | industry, size, Share, Growth, Revenue, Outlook & COVID-19 IMPACT

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

Product Code: ETC001656 Publication Date: Jul 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

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

Other Related Reports:

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 North America Construction Equipment Market  Africa Construction Equipment Market


Latin America Construction Equipment Market Synopsis

Latin America construction equipment market has witnessed substantial growth owing to rapid urbanization and growing private and public enterprises. The rise in the mining sector and infrastructural investment sector are the major factors for growth in the construction equipment market in Latin America.

According to 6wresearch, Latin America Construction Equipment Market is expected to grow during 2020-2026. Shortage of labour coupled with the increasing costs associated with it is adding to the construction equipment industry in Latin America. Moreover, the strengthening of the construction sector and public-private partnership in infrastructure development is driving the Latin America Construction Equipment Market Growth. The outburst of a global pandemic has negatively impacted the growth of the market-leading disrupting the supply chain. The lockdown in various countries led to the shutting down of manufacturing and business units further declining the development of the industry. 

Latin America construction equipment market is anticipated to register potential growth during the forecast period 2020-26F backed by the rising production of crude oil and natural gas liquid plants which is expected to demand construction equipment for extraction from the depth and would boost the market sales revenue in the foreseeable future. Moreover, an increase in the technology up-gradation in the construction equipment is assisting superior performance of the product for multiple tasks with one machinery coupled with high efficiency and productivity which is anticipated to foster the deployment of construction equipment and would instigate the growth of Latin America construction equipment market in the coming years.

Latin America construction equipment market is anticipated to register sound revenues throughout the forecast period 2020-26F backed by the increase in the need to adopt construction equipment, especially in the mining industry. Mexico is poised to hold the largest share in the mining industry as it is attributed as the top gold and copper exporter and is leading to bring in lucrative opportunities for the to be investors and industrialists and is expected to instigate the use of construction equipment at mining some to ensure efficient work at limited timespan and is estimated to shape the market landscape of Latin America construction equipment market in the coming timeframe.

Market Analysis by Types

On the basis of types, the earthmoving segment is anticipated to dominate the construction equipment market share in Latin America owing to the reduction of carbon emission and better performance. 

Market Analysis by Application

In application, the construction application segment is anticipated to lead the construction equipment market share of Latin America due to growing infrastructure activities in upcoming years. The manufacturers are focusing on improving the efficiency and performance of the technology to increase the demand for the construction equipment market in the region during the forecast period.

Market Analysis by Countries

In Latin America, Chile is expected to be the fastest-growing nation due to robust prices in commodities and strong pipeline projects which have increased the purchase of equipment and machinery in the construction industry. Moreover, in Columbia, the rapid infrastructural growth and strong support in the gas and oil sector have pushed the wages and are expected to boost the demand for the construction equipment market in Latin America.

Key Highlights of the Report:

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

Markets Covered

The Latin America 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)
  • By Countries:

    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
Frequently Asked Questions About the Market Study: FAQs

1). Which country is expected to be the fastest-growing nation in Latin America?

In Latin America, Chile is expected to be the fastest-growing nation.

2). Which segment based on application is expected to lead the overall Latin America Construction Equipment Market Share?

Based on application, the construction application segment is anticipated to lead the construction equipment market share of Latin America.

3). Which segment based on types is expected to dominate the construction equipment market share in Latin America?

On the basis of types, the earthmoving segment is anticipated to dominate the construction equipment market share in Latin America.

4). Does the report include the impact of COVID-19?

Yes, the report includes the impact of COVID-19. 

1. Executive Summary
2. Introduction
2.1  Report Description
2.2  Key Highlights
2.3  Market Scope & Segmentation
2.4  Research Methodology
2.5  Assumptions
3. Latin America Construction Equipment Market Overview
3.1 Latin America Construction Equipment Market Revenues and Volume, 2016-2026F
3.2 Latin America Construction Equipment Market Revenue Share, By Types, 2019 & 2026F
3.3 Latin America Construction Equipment Market Revenue Share, By Application, 2019 & 2026F
3.4 Latin America Construction Equipment Market Revenue Share, By Countries 2019 & 2026F
3.5 Latin America Construction Equipment Market-Industry Life Cycle
3.6 Latin America Construction Equipment Market-Porter’s Five Forces
4. Latin America Construction Equipment Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Latin America Construction Equipment Market Trends
6. Latin America Construction Equipment Market Overview, by Types
6.1 Latin America Mobile Cranes Construction Equipment Market Revenues and Volume, 2016-2026F
6.2 Latin America Construction Tractor and Bulldozer Construction Equipment Market  Revenues and Volume, 2016-2026F
6.3 Latin America Earthmoving Equipment Construction Equipment Market Revenues and Volume, 2016-2026F
6.4 Latin America Aerial Work Equipment Construction Equipment Market Revenues and Volume, 2016-2026F
6.5 Latin America Material Handling Equipment Construction Equipment Market Revenues and Volume, 2016-2026F
6.6 Latin America Road Construction Equipment Market Revenues and Volume, 2016-2026F
6.7 Latin America Dump Trucks  Construction Equipment Market Revenues and Volume, 2016-2026F
7. Latin America Construction Equipment Market Overview, by Application
7.1 Latin America Construction Equipment Market Revenue and Volumes, By Oil & Gas 2016-2026F
7.2 Latin America Construction Equipment Market Revenue and Volumes, ByConstruction 2016-2026F
7.3 Latin America Construction Equipment Market Revenue and Volumes, By Mining 2016-2026F
8. Mexico Construction Equipment Market Overview
8.1 Mexico Construction Equipment Market Revenues and Volume, 2016-2026F
8.2 Mexico Construction Equipment  Market Revenues and Volume, By Types 2016-2026F
8.3 Mexico Construction Equipment  Market Revenues and Volume, By Applications 2016-2026F
9. Brazil Construction Equipment Market Overview
9.1 Brazil Construction Equipment Market Revenues and Volume, 2016-2026F
9.2 Brazil Construction Equipment Market Revenues and Volume, By Types 2016-2026F
9.3 Brazil Construction Equipment Market Revenues and Volume, By Applications 2016-2026F
10. Argentina Construction Equipment Market Overview
10.1 Argentina Construction Equipment Market Revenues and Volume, 2016-2026F
10.2 Argentina Construction Equipment Market Revenues and Volume, By Types 2016-2026F
10.3 Argentina Construction Equipment Market Revenues and Volume, By Applications 2016-2026F
11. Rest of Latin America Construction Equipment Market Overview
11.1 Rest of Latin America Construction Equipment Market Revenues and Volume, 2016-2026F
12. Latin America Construction Equipment Market Competitive Landscape
12.1 Latin America Construction Equipment Market By Companies, 2019
12.2 Mexico Construction Equipment Market By Companies, 2019
12.3 Brazil Construction Equipment Market By Companies, 2019
12.3 Argentina Construction Equipment Market By Companies, 2019
12.4 Latin America Construction Equipment Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
14. Key Strategic Recommendations
15. Disclaimer
 
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