Major factors driving the growth of the construction and mining equipment market include growing population, rapid urbanization, increasing construction activities, and incorporation of new technologies in equipment. —
The growth of the infrastructure industry is expected to drive the construction equipment market. This growth can be attributed to major upcoming construction projects around the globe, primarily in developing nations. Additionally, major upcoming events, such as the 2016 Olympics in Brazil and the 2018 World Cup in Russia, will likely drive market growth.
Complete report on global construction equipment market spread across 200 pages, profiling 10 companies and supported with 93 tables and 65 figures is now available at http://www.rnrmarketresearch.com/construction-equipment-market-by-construction-equipment-type-construction-application-mining-equipment-by-mining-application-and-region-asia-pacific-north-america-europe-and-row-global-trends-and-forecast-to-2021-market-report.html .
The growth of the infrastructure industry is expected to drive the construction equipment market. This growth can be attributed to upcoming construction projects around the globe, primarily in developing nations. Additionally, major upcoming events, such as the 2016 Olympics in Brazil and the 2018 World Cup in Russia, will likely drive the demand for construction equipment.
Asia-Pacific is estimated to dominate the construction and mining equipment market, and is projected to grow at the highest CAGR during the forecast period. This growth can be credited to the improving socio-economic conditions in emerging economies such as China, India, Indonesia, and Thailand. The size able populations in countries such as China and India have resulted in an increased number of government projects such as airports, sewer systems, and renewable energy projects.
The surface mining equipment segment is projected to dominate the mining equipment market during the forecast period. The high demand for surface mining equipment can be attributed to the benefits offered by this equipment, such as its user-friendly nature and ability to perform multiple operations in mining activities.
Some of the major companies profiled in this report are Caterpillar Inc. (U.S.), Volvo Construction Equipment AB (Sweden), CNH Industrial N.V. (U.K.), Komatsu Ltd. (Japan), Atlas Copco AB (Sweden), Hitachi Ltd. (Japan), Terex Corporation (U.S.), Joy Global (U.S.), Zoomlion Heavy Industry Science & Technology Development Co.(China), and Liebherr International AG (Switzerland).
Get discount on this research report at http://www.rnrmarketresearch.com/contacts/discount?rname=631350 .
To determine the market size of various segments and sub-segments of the video analytics market, extensive secondary research is done. In the process of determining and verifying, the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In OEM (38%), Tier-1 (13%), Tier-2 (5%), and Others (44%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C-level Executives (31%), Directors Level (31%) and others (38%) from various key organizations operating in the global video analytics market. The primary interviews were conducted worldwide covering regions such as North America (31%), Europe (25%) and Asia-Oceania (44%).
On a related note, another research on Investment Analysis of Construction Industry in GCC Countries says, Massive government investment will drive the GCC construction industry. Saudi Arabia is the leading country in the GCC construction industry. GCC governments have increased public sector employment and spending on infrastructure, health, and education. The report helps stakeholders to understand the trend of the market and provides them information on industry trends and opportunities. The report provided with 119 pages with 82 figures available at http://www.rnrmarketresearch.com/investment-analysis-of-construction-industry-in-gcc-countries-contracts-investments-underway-and-planned-projects-major-construction-projects-oil-gas-residential-raw-material-trade-information-opportunit-analysis-market-report.html .
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