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(Construction.IndustryNews247.Com, October 24, 2017 ) Growing mining & construction activities around the globe is the major factor propelling the market growth. In addition, increasing infrastructure activities in emerging regions and technological developments are some of the factors bolstering the market growth. However, health and environmental issues, government regulations, and fluctuating oil prices are the restraints hindering the market growth.
The Asia Pacific region is expected to witness high growth rate during the forecast period. The growth of this region is attributed to increasing population & urbanization, economic growth, and raising infrastructural activities. The surface mining equipment segment is expected to grow with a high CAGR during the forecast period attributed to ease in operating the equipment.
For more information http://www.reportsweb.com/construction-and-mining-equipment-global-market-outlook-2016-2022
Some of the key players in global construction & mining equipment market include Atlas Copco AB, Caterpillar Inc., CNH Industrial N.V., Doosan Group, Hitachi Ltd., Joy Global Inc., Komatsu Ltd., Liebherr International AG, Metso Corporation, Sandvik, Terex Corporation, Volvo Construction Equipment AB, and Zoomlion Heavy Industry Science & Technology Development Co. Ltd.
Equipment Types Covered: - Construction Equipment o Backhoe Loader o Crawler Excavator o Crawler Loader o Crawler Dozer o RTLT-Telescopic o RTLT-Masted o Articulated Dump Truck o Asphalt Finisher o Motor Scraper o Motor Grader o Mini Excavators o Rigid Dump Truck o Skid-Steer Loader o Wheeled Loader >80 HP o Wheeled Loader
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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