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Study #: 2776

Published: 08/2011

Pages: 448

Full Study Price: US$ 6,100

Per Page Price: US$ 35.00 (text) | 60.00 (table)

World Construction Machinery to 2015 - Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

World demand for construction machinery is projected to expand 6.5 percent annually through 2015. Over half of all additional demand will come from the Asia/Pacific region, although the rate of growth will slow from the pace of the 2005-2010 period. Cranes, loaders and excavators will expand at above-average rates.

This study analyzes the $125 billion world construction machinery industry. It presents historical demand data for the years 2000, 2005 and 2010, with forecasts for 2015 and 2020 by product (e.g., loaders, cranes and draglines, excavators, off-highway trucks and tractors, mixers and pavers, graders and rollers), world region and for 36 countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 39 industry players, including Caterpillar, Komatsu and Hitachi Construction Machinery.

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				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							     xii

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		World Economic Overview						       5
		   Recent Historical Trends					       6
		   World Economic Outlook					       8
		World Population Overview					      12
		   Population							      12
		   Urban Population						      14
		World Construction Outlook					      15
		   Nonbuilding							      18
		   Residential Building						      20
		   Nonresidential Building					      22
		Pricing Patterns						      24
		Technology Trends						      28
		Used & Rented Machinery						      32
		Legal & Regulatory Environment					      34

	III.	OVERVIEW							      37
		General								      37
		Regional Overview						      38
		   Demand							      38
		   Production							      44
		   International Trade						      48
		Demand by Product						      50
		   Loaders							      52
		   Cranes & Draglines						      55
		   Excavators							      58
		   Off-Highway Trucks & Tractors				      61
		   Mixers, Pavers & Related Equipment				      64
		   Graders, Rollers & Related Equipment				      66
		   Parts & Attachments						      68
		Rental & Leasing Markets					      70

	IV.	NORTH AMERICA							      73
		Overview							      73
		Supply & Demand							      74
		Outlook								      76
		United States							      78
		Canada								      84
		Mexico								      90

	V.	WESTERN EUROPE							      97
		Overview							      97
		Supply & Demand							      98
		Outlook								     100
		Germany								     103
		France								     109
		United Kingdom							     115
		Italy								     121
		Spain								     127
		Netherlands							     132
		Other Western Europe						     138
		   Switzerland							     146
		   Belgium							     147
		   Sweden							     148
		   Finland							     149
		   Austria							     150
		   All Other							     151

	VI.	ASIA/PACIFIC							     153
		Overview							     153
		Supply & Demand							     154
		Outlook								     156
		China								     159
		Japan								     166
		India								     173
		South Korea							     179
		Australia							     185
		Indonesia							     190
		Other Asia/Pacific						     196
		   Thailand							     203
		   Taiwan							     205
		   Malaysia							     206
		   All Other							     207

	VII.	OTHER REGIONS							     209
		Central & South America						     209
		   Overview							     209
		   Supply & Demand						     210
		   Outlook							     212
		   Brazil							     215
		   Chile							     221
		   Other Central & South America				     226
		      Argentina							     232
		      Colombia							     233
		      All Other							     234
		Eastern Europe							     235
		   Overview							     235
		   Supply & Demand						     236
		   Outlook							     238
		   Russia							     241
		   Poland							     247
		   Other Eastern Europe						     253
		      Czech Republic						     260
		      Ukraine							     261
		      All Other							     262
		Africa/Mideast							     263
		   Overview							     263
		   Supply & Demand						     265
		   Outlook							     267
		   Turkey							     269
		   Other Africa/Mideast						     275
		      United Arab Emirates					     283
		      Saudi Arabia						     284
		      Iran							     285
		      South Africa						     286
		      All Other							     287

	VIII.	INDUSTRY STRUCTURE						     289
		General								     289
		Industry Composition						     290
		Market Share							     292
		Product Developing & Manufacturing				     298
		Marketing & Distribution					     300
		Financial Requirements						     302
		Mergers & Acquisitions						     303
		Cooperative Agreements						     306
		Company Profiles						     316
		   Altai Motor Plant Joint Stock, see Concern Tractor Plants
		   American Augers, see Astec Industries
		   Asia Trak Tianjin, see Caterpillar
		   Astec Industries Incorporated				     317
		   Atlas Copco AB						     321
		   Belarusian Autoworks OJSC					     324
		   Bell Equipment, see Deere &
		   BEML Limited							     325
		   Bobcat, see Doosan Infracore
		   BOMAG, see Groupe Fayat
		   Carlson Paving Products, see Astec Industries
		   Caterpillar Incorporated					     327
		   Caterpillar Japan, see Caterpillar and Mitsubishi Heavy Industries
		   Changsha Zoomlion Heavy Industry Science & Technology 
		      Development Company Limited				     333
		   Chelyabinsk Tractor Plant-Uraltrac Limited			     335
		   Chicago Pneumatic Tool, see Atlas Copco
		   CNH Global, see Fiat Industrial
		   Concern Tractor Plants NV					     337
		   Deere & Company						     339
		   Deere-Hitachi Construction Machinery, see Deere & 
		      Company and Hitachi
		   Doosan Infracore Company Limited				     344
		   Dynapac, see Atlas Copco
		   Equipment Technology, see PALFINGER
		   Fiat Industrial SpA						     347
		   GAZ OAO							     352
		   Gehl, see Manitou
		   Groupe Fayat							     354
		   Guangxi Liugong Machinery Company Limited			     356
		   Hamm, see Wirtgen Group
		   Hartl Anlagenbau, see Atlas Copco
		   Herrenknecht AG						     358
		   Hitachi Limited						     360
		   Hitachi Sumitomo Heavy Industries Construction Crane, 
		      see Hitachi and Sumitomo Heavy Industries
		   Hyundai Heavy Industries Company Limited			     365
		   JCB Limited							     367
		   JLG Industries, see Oshkosh
		   Joseph Vögele, see Wirtgen Group
		   Kobe Steel Limited						     370
		   Kobelco Construction Machinery, see Fiat Industrial and 
		      Kobe Steel
		   Komatsu Limited						     374
		   Kubota Corporation						     380
		   Kurganmashzavod Joint Stock, see Concern Tractor Plants
		   Liebherr-International AG					     383
		   Link-Belt Construction Equipment, see Sumitomo Heavy Industries
		   Lonking Holdings Limited					     387
		   Manitou BF SA						     389
		   Manitowoc Company Incorporated				     392
		   MARINI, see Groupe Fayat
		   McNeilus Companies, see Oshkosh
		   Mitsubishi Heavy Industries Limited				     396
		   New Holland Kobelco Construction Machinery, see Fiat 
		      Industrial, Kobe Steel and Sumitomo Heavy Industries
		   Oshkosh Corporation						     398
		   PALFINGER AG							     401
		   Roadtec, see Astec Industries
		   SANY Heavy Industry Company Limited				     404
		   SCHWING GmbH							     406
		   ShandongM Machinery, see Caterpillar
		   Sumitomo Heavy Industries Limited				     408
		   Tadano Limited						     411
		   Tata Motors Limited						     414
		   Telco Construction Equipment, see Hitachi and Tata Motors
		   10G, see Caterpillar
		   Terex Corporation						     416
		   Vietnam-Uraltrac Construction Machinery JVC, see 
		      Chelyabinsk Tractor Plant-Uraltrac
		   Volvo AB							     422
		   Wacker Neuson SE						     426
		   Wirtgen Group						     429
		   Xiamen XGMA Machinery Company Limited			     432
		   Xuzhou Construction Machinery Group Incorporated		     433
		   Xuzhou XCMG Doosan Engine Xuzhou, see Doosan 
		      Infracore and Xuzhou Construction Machinery Group
		Other Companies Mentioned in Study				     435


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	World Gross Domestic Product by Region				      11
	2	World Population by Region					      13
	3	World Urban Population by Region				      15
	4	World Construction Expenditures by Type & Region		      17
	5	World Nonbuilding Construction Expenditures by Region		      20
	6	World Residential Building Construction Expenditures 
		   by Region							      22
	7	World Nonresidential Building Construction Expenditures 
		   by Region							      24
	8	World Construction Machinery Prices				      27

		SECTION III -- OVERVIEW
	1	World Construction Machinery Demand by Region			      41
	2	World Construction Machinery Shipments by Region		      47
	3	World Construction Machinery Net Exports by Region		      50
	4	World Construction Machinery Demand by Product			      51
	5	World Loader Demand by Region					      55
	6	World Crane & Dragline Demand by Region				      58
	7	World Excavator Demand by Region				      60
	8	World Off-Highway Truck & Tractor Demand by Region		      63
	9	World Mixer, Paver & Related Equipment Demand by Region		      65
	10	World Grader, Roller & Related Equipment Demand by Region	      68
	11	World Construction Machinery Parts & Attachments Demand 
		   by Region							      70

		SECTION IV -- NORTH AMERICA
	1	North America:  Construction Machinery Supply & Demand		      75
	2	North America:  Construction Machinery Demand by Product	      78
	3	United States:  Construction Machinery Supply & Demand		      81
	4	United States:  Construction Machinery Demand by Product	      84
	5	Canada:  Construction Machinery Supply & Demand			      87
	6	Canada:  Construction Machinery Demand by Product		      90
	7	Mexico:  Construction Machinery Supply & Demand			      93
	8	Mexico:  Construction Machinery Demand by Product		      96

		SECTION V -- WESTERN EUROPE
	1	Western Europe:  Construction Machinery Supply & Demand		     100
	2	Western Europe:  Construction Machinery Demand by Product	     103
	3	Germany:  Construction Machinery Supply & Demand		     106
	4	Germany:  Construction Machinery Demand by Product		     109
	5	France:  Construction Machinery Supply & Demand			     112
	6	France:  Construction Machinery Demand by Product		     115
	7	United Kingdom:  Construction Machinery Supply & Demand		     118
	8	United Kingdom:  Construction Machinery Demand by Product	     121
	9	Italy:  Construction Machinery Supply & Demand			     124
	10	Italy:  Construction Machinery Demand by Product		     126
	11	Spain:  Construction Machinery Supply & Demand			     129
	12	Spain:  Construction Machinery Demand by Product		     132
	13	Netherlands:  Construction Machinery Supply & Demand		     135
	14	Netherlands:   Construction Machinery Demand by Product		     138
	15	Other Western Europe:  Construction Machinery Supply 
		   & Demand							     141
	16	Other Western Europe:  Construction Machinery Supply 
		   & Demand by Product						     144
	17	Other Western Europe:  Construction Machinery Supply 
		   & Demand by Country						     145

		SECTION VI -- ASIA/PACIFIC
	1	Asia/Pacific:  Construction Machinery Supply & Demand		     156
	2	Asia/Pacific:  Construction Machinery Demand by Product		     159
	3	China:  Construction Machinery Supply & Demand			     163
	4	China:  Construction Machinery Demand by Product		     166
	5	Japan:  Construction Machinery Supply & Demand			     170
	6	Japan:  Construction Machinery Demand by Product		     173
	7	India:  Construction Machinery Supply & Demand			     176
	8	India:  Construction Machinery Demand by Product		     179
	9	South Korea:  Construction Machinery Supply & Demand		     182
	10	South Korea:  Construction Machinery Demand by Product		     185
	11	Australia:  Construction Machinery Supply & Demand		     188
	12	Australia:  Construction Machinery Demand by Product		     190
	13	Indonesia:  Construction Machinery Supply & Demand		     193
	14	Indonesia:  Construction Machinery Demand by Product		     196
	15	Other Asia/Pacific:  Construction Machinery Supply 
		   & Demand							     199
	16	Other Asia/Pacific:  Construction Machinery Demand 
		   by Product							     202
	17	Other Asia/Pacific:  Construction Machinery Supply 
		   & Demand 
		by Country							     203

		SECTION VII -- OTHER REGIONS
	1	Central & South America:  Construction Machinery Supply 
		   & Demand							     212
	2	Central & South America:  Construction Machinery Demand 
		   by Product							     215
	3	Brazil:  Construction Machinery Supply & Demand			     218
	4	Brazil:  Construction Machinery Demand by Product		     221
	5	Chile:  Construction Machinery Supply & Demand			     224
	6	Chile:  Construction Machinery Demand by Product		     226
	7	Other Central & South America:  Construction Machinery 
		   Supply & Demand						     229
	8	Other Central & South America:  Construction Machinery 
		   Demand by Product						     231
	9	Other Central & South America:  Construction Machinery 
		   Supply & Demand by Country					     232
	10	Eastern Europe:  Construction Machinery Supply & Demand		     238
	11	Eastern Europe:  Construction Machinery Demand by Product	     241
	12	Russia:  Construction Machinery Supply & Demand			     244
	13	Russia:  World Construction Machinery Demand by Product		     247
	14	Poland:  Construction Machinery Supply & Demand			     250
	15	Poland:  Construction Machinery Demand by Product		     253
	16	Other Eastern Europe:  Construction Machinery Supply 
		   & Demand							     256
	17	Other Eastern Europe:  Construction Machinery Demand 
		   by Product							     259
	18	Other Eastern Europe:  Construction Machinery Supply 
		   & Demand by Country						     260
	19	Africa/Mideast:  Construction Machinery Supply & Demand		     266
	20	Africa/Mideast:  Construction Machinery Demand by Product	     269
	21	Turkey:  Construction Machinery Supply & Demand			     272
	22	Turkey:  Construction Machinery Demand by Product		     274
	23	Other Africa/Mideast:  Construction Machinery Supply 
		   & Demand							     278
	24	Other Africa/Mideast:  Construction Machinery Demand 
		   by Product							     281
	25	Other Africa/Mideast:  Construction Machinery Supply 
		   & Demand by Country						     282

		SECTION VIII -- INDUSTRY STRUCTURE
	1	Construction Machinery Sales for Selected Companies, 2010	     291
	2	Selected Acquisitions & Divestitures				     305
	3	Selected Cooperative Agreements					     308

				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION II -- MARKET ENVIRONMENT
	1	World Construction Expenditures by Region, 2010			      18
	2	World Construction Machinery Prices, 2000-2020			      28

		SECTION III -- OVERVIEW
	1	World Construction Machinery Demand by Region, 2010		      42
	2	Additional Construction Machinery Demand -- 
		   2015 Versus 2010						      42
	3	World Construction Machinery Demand, Projected 2010-2015 
		   Annual Rate of Growth					      43
	4	World Construction Machinery Shipments by Region, 2010		      48
	5	World Construction Machinery Demand by Product, 2010		      52

		SECTION VIII -- INDUSTRY STRUCTURE
	1	World Construction Machinery Market Share, 2010			     293


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