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

Singapore construction equipment market has witnessed growth over the past few years primarily due to the existence of high-rise buildings and advanced infrastructure in the country. Additionally, a growing number of shopping malls and transportation systems such as railways, airports, ships, and road transport will further spur the demand for the construction equipment market in Singapore over the coming years. However, the Singapore economy is likely to witness a slowdown during the first three quarters of 2020, mainly due to the outbreak of the COVID-19 pandemic which had a negative impact on businesses worldwide. However, the economic scenario in Singapore is expected to recover during the second half of 2020, and the construction equipment market in Singapore is also likely to recover gradually by the end of 2020.

According to 6Wresearch, the Singapore Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is mainly driven by government initiatives towards the overall infrastructural development in the country. The government has increased public spending and allocated funds for the construction of rail and road networks in Singapore such as projects including new MRT lines, the North-South Expressway, etc. These initiatives will further spur the demand for the construction equipment market in Singapore during the forecast period.

Based on equipment types, earthmoving equipment dominates the overall Singapore construction equipment market primarily due to rising infrastructural development activities in the country. Additionally, cranes and material handling equipment are also recording a continuous rise in growth.

The Singapore construction equipment market report thoroughly covers the market by equipment types, equipment sub-segment types, applications, and regions. Singapore construction equipment market outlook report provides an unbiased and detailed analysis of the on-going Singapore 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.

Singapore construction equipment market is expected to gain traction in the upcoming six years on the back of the rising impressive growth of the logistic sector. Rising trade practices in the country, Changi airport in the country attributed as the busiest mode for cargo trading which is estimated to support the growth and development of EXIM industry, therefore the growth of the cranes are proven evident in seaport and airport at times of loading and unloading heavy cartons and is expected to contribute the growth of the Singapore construction equipment market in the upcoming six years. Further, the increase in the renovation of houses has led to instigate deployment for scissor lifts which is another be a growth proliferating factor for the construction equipment in the country.

Key Highlights of the Report

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

Markets Covered

The Singapore 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 and Road Construction)

Frequently Asked Questions About the Market Study (FAQs):