Building and Construction Light Equipment Market was valued US$ XX Bn in 2019 and the total revenue is expected to grow at a CAGR of 3.7% from 2019 to 2027, reaching US$ XX Bn.

Building and Construction Light Equipment Market

This is a comprehensive international report targeted on present and future prospects of the Building and Construction Light Equipment Market. This report presents a consolidation of primary and secondary analysis that provides market size, share, dynamics and forecast for numerous segments and sub-segments considering the macro and small environment factors. The report also covers an in-depth analysis of COVID 19 pandemic impact on the sales revenue of Building and Construction Light Equipment Market by year-wise and region and on the key players revenue affected till July 2020 and expected short term and long-term impact on the market.

In major building projects, the use of both heavy construction machinery as well as light construction equipment is popular. The appropriate use of equipment contributes to the project's efficiency, safety, economy, speed and timely completion. Highway schemes, drainage, houses, power projects, and many other specifications are used for design and construct machinery. About 25 percent of the project expense accounts for constructing and construction equipment.

Many factors influence the demand for construction and construction light equipment. Because of the slow-moving economic environment and the slow development of the construction industry, the sector has historically faced a decline. However, in the coming years, the demand is projected to expand at a steady growth pace. This is due to growing activities in manufacturing, retail, and commercial development. Growing government spending in infrastructure projects is projected to create attractive opportunities for the growth of the demand for light construction and construction machinery. However, demand development is limited by fluctuations in oil prices.

High cost of equipment to deter the development of the construction equipment industry as a result of growing demand to improve the production and productivity of farms, technical developments have revolutionized the farming industry around the globe. While modern construction machinery has eased operations and enhanced the efficiency of construction activities, the complexity of the industry has also increased.

The growing need for different power tools in the construction industry to achieve improved productivity positively influences the development of the demand for building and construction light equipment. In addition, increasing government spending in infrastructure in developing regions is projected to deliver sufficient growth prospects in the coming years for the design and construction of the light equipment industry.

For producers, the lack of standardization and high manufacturing costs are major challenges. Manufacturers of local or municipal construction equipment shall conform with the specifications or emission standards governed by the regulatory body. As emission standards vary in various countries, however, the lack of standardization of engine technologies hampers the export of these systems.

For core infrastructural operations, construction machinery is important, rendering its routine maintenance critical. Minimum servicing at frequent intervals can help avoid costly heavy machinery breakdowns, thus saving time. However, because the costs associated with preventive maintenance are comparatively high, corporations are unlikely to take this action. In comparison, repairing the component / part is very costly in the event of a failure, since it needs to be ordered directly from the OEMs. Renting or leasing the equipment thus fulfills the requirement of the user to use the equipment without paying the maximum expense.

It is expected that Asia Pacific will lead the demand for construction equipment and is expected to be the largest market during the forecast period. The improvement in socio-economic conditions in emerging economies such as China, India, Indonesia and Thailand can be traced to this development. In countries like China and India, the large population has resulted in an increased number of government projects, such as airports, sewage networks and clean energy projects which will contribute to the growth of this market.

The objective of the report is to present a comprehensive analysis of the Building and Construction Light Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Building and Construction Light Equipment Market dynamics, structure by analyzing the market segments and project of the Building and Construction Light Equipment Market size. Clear representation of competitive analysis of key players By Product Type, Price, Financial position, Product portfolio, Growth strategies, and Regional Presence in the Building and Construction Light Equipment Market make the report investor’s guide.
Scope of Building and Construction Light Equipment Market

Building and Construction Light Equipment Market, By Product Type

• Tile Cutting Equipment
• Masonry Saw Cutting Equipment
• Floor Saw Cutting Equipment
Building and Construction Light Equipment Market, By Application

• Building
• Bridge
• Others
Building and Construction Light Equipment Market, By Region

• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Building and Construction Light Equipment Market Key Players

• Koki Holdings Co., Ltd.
• Saint-Gobain (Norton)
• Ryobi Limited
• Q.E.P. Co., Inc.
• LISSMAC Maschinenbau GmbH
• Fairport Construction Equipment
• MK Diamond Products, Inc.
• Multiquip Inc. and others.
• Husqvarna
• Norton Clipper
• Stanley Black & Decker
• Bosch
• DEWALT
• Makita
• QEP
• Hitachi Koki
• TTI
• Ryobi
• Dongcheng
• LISSMAC Maschinenbau GmbH
• KEN
• Multiquip
• Fairport Construction Equipment Ltd.
• Jiangsu Guoqiang Tools

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