Market Forecast 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) and Competitive Landscape
Product Code: ETC002008 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
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
Markets Covered
The Singapore construction equipment market report provides a detailed analysis of the following market segments:
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 Singapore Construction Equipment Market Overview |
3.1 Singapore Construction Equipment Market Revenues & Volume (2016-2026) |
3.2 Singapore Construction Equipment Market Industry Life Cycle |
3.3 Singapore Construction Equipment Market Porter’s Five Forces Model |
3.4 Singapore Construction Equipment Market Revenue and Volume Share, By Equipment Types (2019 & 2026) |
3.5 Singapore Construction Equipment Market Revenue Share, By Applications (2019 & 2026) |
3.6 Singapore Construction Equipment Market Revenue Share, By Regions (2019 & 2026) |
4 Singapore Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Construction Equipment Market Trends |
6 Singapore Construction Equipment Market - Distribution Channel Analysis |
7 Singapore Construction Equipment Market - Price Trend Analysis |
8 Singapore Cranes Market Overview |
8.1 Singapore Cranes Market Revenues & Volume (2016-2026) |
8.2 Singapore Cranes Market Revenues & Volume Share, By Types (2019 & 2026) |
8.2.1 Singapore Mobile Cranes Market Revenues & Volume (2016-2026) |
8.2.2 Singapore Crawler Cranes Market Revenues & Volume (2016-2026) |
8.2.3 Singapore Tower Cranes Market Revenues & Volume (2016-2026) |
9 Singapore Construction Tractors & Bulldozers Market Overview |
9.1 Singapore Construction Tractors & Bulldozers Market Revenues & Volume (2016-2026) |
10 Singapore Earth Moving Equipment Market Overview |
10.1 Singapore Earth Moving Equipment Market Revenues & Volume (2016-2026) |
10.2 Singapore Earth Moving Equipment Market Revenues & Volume Share, By Types (2019 & 2026) |
10.2.1 Singapore Loaders Market Revenues & Volume (2016-2026) |
10.2.2 Singapore Loaders Market Revenues & Volume Share, By Types (2019 & 2026) |
10.2.2.1 Singapore Wheeled Loaders Market Revenues & Volume (2016-2026) |
10.2.2.2 Singapore Skid Steer Loaders Market Revenues & Volume (2016-2026) |
10.2.2.3 Singapore Backhoe Loaders Market Revenues & Volume (2016-2026) |
10.2.2.4 Singapore Compact Track Loaders Market Revenues & Volume (2016-2026) |
10.2.3 Singapore Excavators Market Revenues & Volume (2016-2026) |
10.2.4 Singapore Excavators Market Revenues & Volume Share, By Types (2019 & 2026) |
10.2.4.1 Singapore Tracked Excavators Market Revenues & Volume (2016-2026) |
10.2.4.2 Singapore Mini Excavators Market Revenues & Volume (2016-2026) |
10.2.4.3 Singapore Wheeled Excavators Market Revenues & Volume (2016-2026) |
10.2.5 Singapore Motor Grader Market Revenues & Volume (2016-2026) |
11 Singapore Material Handling Equipment Market Overview |
11.1 Singapore Material Handling Equipment Market Revenues & Volume (2016-2026) |
11.2 Singapore Material Handling Equipment Market Revenues & Volume Share, By Types (2019 & 2026) |
11.2.1 Singapore Forklift Market Revenues & Volume (2016-2026) |
11.2.2 Singapore Telescopic Handler Market Revenues & Volume (2016-2026) |
12 Singapore Dump Trucks Market Overview |
12.1 Singapore Dump Trucks Market Revenues & Volume (2016-2026) |
13 Singapore Aerial Work Equipment Market Overview |
13.1 Singapore Aerial Work Platform Market Revenues & Volume (2016-2026) |
13.2 Singapore Aerial Work Platform Market Revenues & Volume Share, By Types (2019 & 2026) |
13.2.1 Singapore Articulated Boomlift Market Revenues & Volume (2016-2026) |
13.2.2 Singapore Scissor Lift Market Revenues & Volume (2016-2026) |
13.2.3 Singapore Telescopic Boomlift Market Revenues & Volume (2016-2026) |
14 Singapore Road Construction Equipment Market Overview |
14.1 Singapore Road Construction Market Revenues & Volume (2016-2026) |
14.2 Singapore Road Construction Market Revenues & Volume Share, By Types (2019 & 2026) |
14.2.1 Singapore Paver Market Revenues & Volume (2016-2026) |
14.2.2 Singapore Road Roller Market Revenues & Volume (2016-2026) |
15 Singapore Construction Equipment Market Overview, By Applications |
15.2 Singapore Construction Equipment Market Revenues, By Construction Application (2016-2026) |
15.3 Singapore Construction Equipment Market Revenues, By Oil & Gas Application (2016-2026) |
15.4 Singapore Construction Equipment Market Revenues, By Mining Application (2016-2026) |
15.5 Singapore Construction Equipment Market Revenues, By Other Applications (2016-2026) |
16 Singapore Construction Equipment Market Overview, By Regions |
16.2 Singapore Construction Equipment Market Revenues, By Northern Region (2016-2026) |
16.3 Singapore Construction Equipment Market Revenues, By Southern Region (2016-2026) |
16.4 Singapore Construction Equipment Market Revenues, By Eastern Region (2016-2026) |
16.5 Singapore Construction Equipment Market Revenues, By Western Region (2016-2026) |
17 Singapore Construction Equipment Market - Government Initiatives / Regulations |
18 Singapore Construction Equipment Market - Key Performance Indicators |
19 Singapore Construction Equipment Market Opportunity Assessment |
19.1 Singapore Construction Equipment Market Opportunity Assessment, By Types (2026) |
19.2 Singapore Construction Equipment Market Opportunity Assessment, By Applications (2026) |
20 Singapore Construction Equipment Market Competitive Landscape |
20.1 Singapore Construction Equipment Market, By Players’ Revenue Share (2019) |
20.2 Singapore Construction Equipment Market, By Players’ Competitive Benchmarking, By Operating Parameters |
21 Key Strategic Pointers |
22 Disclaimer |