Construction Equipment Repair and Maintenance Services Market
Construction Equipment Repair and Maintenance Services Market by Product Type (Heavy Equipment, Light Equipment, Auxiliary Equipment), by Service (Hydraulic Units Repair, Paint Services, Transmission and Engine Repair, Preventive Maintenance Services), by Owner Type & Regional Forecast 2019 to 2029
Analysis of Construction Equipment Repair and Maintenance Services Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Construction Equipment Repair and Maintenance Services Market: Introduction
With the advent of heavy construction equipment and the approach of construction companies to adopt more mechanized equipment and in turn an organized sector has made it mandatory for maintaining the fleet of equipment to perform to its optimum resulting in the growth of construction equipment repair and maintenance services market. The Construction Equipment Repair and Maintenance Services includes services for earthmoving equipment, excavation equipment, and compactors.
General-purpose of most of the construction equipment is to excavate but other than that they are also used for many purposes like heavy lifting, demolition, cutting of trees, river dredging etc. The boom in infrastructure, housing construction, and mining are the primary drivers attributing to the demand for construction equipment repair and maintenance services.
Besides, the global Construction equipment repair and maintenance services market has witnessed healthy growth over the past decade; nonetheless, market conditions have become tougher recently. Construction equipment repair and maintenance services may be calibrated to optimize uptime during operating hours and, consequently, keep service costs low.
Apart from this, in the short term, the construction equipment repair and maintenance services market will see a bit of a slowdown in the further expansion of new or emerging players. The construction equipment repair and maintenance market is currently in the midst of considerable change.
Among other things, demand for construction equipment has been highly volatile and is currently weak, customer landscape and expectations on the OEMs are changing, new and potentially revolutionary technologies are coming, and competitors from emerging markets are getting stronger. Additionally, outsourcing of construction equipment maintenance and repair, also bring OEMs, dealers, and customers closer together.
Subsequently, the study aims to analyze the most recent trends, dynamics, and potential strategies in the global Construction Equipment Repair and Maintenance Services market.
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Global Construction Equipment Repair and Maintenance Services Market: Dynamics
Heavy and Light construction equipment repair and maintenance services are expected to maintain the same proportion of the total industry over the forthcoming years. Among heavy construction equipment repair and maintenance services, wheel loaders are foreseen to witness a substantial growth rate. Whereas, among light constriction equipment, mini excavators expected to maintain a sustained growth rate. In Europe, construction equipment repair and maintenance services are expected to grow notably, which was driven by booming demand from the German residential construction sector.
Furthermore, the companies involved in construction equipment repair and maintenance services are reinforcing their services for emerging markets such as Latin America and India. Projects pertaining the road development, infrastructure development, new airports, irrigation, urban infrastructure etc. are the main boosting agents for the construction equipment repair and maintenance services market.
Moreover, inefficient availability of financing options, poor uptime of construction equipment repair and maintenance services, lack of government support, and meagerly penetrated leasing or rental market to curtail the market growth. One of the most cited and prolific trends in the market is that OEMs are gradually increasing their focus on construction equipment repair and maintenance market, and will lead to the market becoming more competitive.
Global Construction Equipment Repair and Maintenance Services Market: Regional Outlook
Construction equipment repair and maintenance services market growth is mainly driven by Asia Pacific and North America. In addition, Africa and the Middle East are expected with higher growth rate. China is expected to be largely driven by heavy construction equipment repair and maintenance services demand; however, light construction equipment repair and maintenance services to gain prominence in Europe over the coming years.
Further, Europe and Latin America are anticipated to experience low growth rate in the construction equipment repair and maintenance Services market. Most of the regional construction equipment repair and maintenance services markets are expected to see growth in the coming years, but the key driver will be China. Lastly, among ASEAN countries - Indonesia and Vietnam are expected to continue growing due to rising urbanization and disposable incomes, bolstering the demand for construction equipment repair and maintenance services in the foreseeable future.
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Global Construction Equipment Repair and Maintenance Services Market: Key Participants
List of some of the prominent market participants in the global Construction Equipment Repair and Maintenance Services market discerned across the value chain include:
- H&E Equipment Services, Inc.
- Tri-County Equipment
- Gil's Heavy Equipment Repair
- Mader Group
- AC Equipment
- Phillips Heavy Equipment Services, LLC
- Whayne Walker CAT
- Maruma Technica
- Heavy Equipment Maintenance Solutions Ltd
- Lavy Enterprises
The research report – Construction Equipment Repair and Maintenance Services presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The study on Construction Equipment Repair and Maintenance Services market also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Construction Equipment Repair and Maintenance Services market segments such as geographies, application, and industry.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain in the Construction Equipment Repair and Maintenance Services market.
The report – Construction Equipment Repair and Maintenance Services provide in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Construction Equipment Repair and Maintenance Services market segments and geographies.
Report Highlights:
- Detailed overview of Construction Equipment Repair and Maintenance Services market
- Changing Construction Equipment Repair and Maintenance Services market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected Construction Equipment Repair and Maintenance Services market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Construction Equipment Repair and Maintenance Services market performance
- Must-have information for Construction Equipment Repair and Maintenance Services market players to sustain and enhance their market footprint
Global Construction Equipment Repair and Maintenance Services Market: Segments
The global construction equipment repair and maintenance services market can be segmented based on product type, operation, owner type, and region.
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Based on product type :
- Heavy Equipment
- Crawler Excavator
- Wheel Loader
- Dozer
- Grader
- Compactors
- Wheeled Excavator
- Light Equipment
- Mini Excavator
- Tractor Loader Backhoe
- Telehandler
- Skid-steer Loader
- Compact Wheel Loader
- Rough Terra Forklifts
- Auxiliary Equipment (incl. crusher, cranes etc.)
- Heavy Equipment
-
Based on services :
- Transmission and Engine Repair
- Hydraulic Units Repair
- Welding and Fabrication Services
- Paint Services
- Preventive Maintenance Services
- Electronic Services & Installation
-
Based on owner type :
- Rental Companies
- Construction Companies
- Sub-contractors
- Private Owners
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Product Type
- 6.2. Services
- 6.3. Owner Type
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. Heavy Equipment
- 7.2. Light Equipment
- 7.3. Auxiliary Equipment (incl. crusher, cranes etc.)
- 8. Global Market Analysis and Forecast, By Services
- 8.1. Transmission and Engine Repair
- 8.2. Hydraulic US$ Mns Repair
- 8.3. Welding and Fabrication Services
- 8.4. Paint Services
- 8.5. Preventive Maintenance Services
- 8.6. Electronic Services & Installation
- 9. Global Market Analysis and Forecast, By Owner Type
- 9.1. Rental Companies
- 9.2. Construction Companies
- 9.3. Sub-contractors
- 9.4. Private Owners
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. East Asia
- 10.6. South Asia & Pacific
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 16. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Product Type, Services, and Owner Type for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. H&E Equipment Services, Inc.
- 20.2. Tri-County Equipment
- 20.3. Gil's Heavy Equipment Repair
- 20.4. Mader Group
- 20.5. AC Equipment
- 20.6. Phillips Heavy Equipment Services, LLC
- 20.7. Whayne Walker CAT
- 20.8. Maruma Technica
- 20.9. Heavy Equipment Maintenance Solutions Ltd
- 20.10. Lavy Enterprises
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by Services
Table 4: Global Market US$ Mn Forecast by Owner Type
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Product Type
Table 7: North America Market US$ Mn Forecast by Services
Table 8: North America Market US$ Mn Forecast by Owner Type
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Product Type
Table 11: Latin America Market US$ Mn Forecast by Services
Table 12: Latin America Market US$ Mn Forecast by Owner Type
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Product Type
Table 15: Western Europe Market US$ Mn Forecast by Services
Table 16: Western Europe Market US$ Mn Forecast by Owner Type
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Product Type
Table 19: Eastern Europe Market US$ Mn Forecast by Services
Table 20: Eastern Europe Market US$ Mn Forecast by Owner Type
Table 21: East Asia Market US$ Mn Forecast by Country
Table 22: East Asia Market US$ Mn Forecast by Product Type
Table 23: East Asia Market US$ Mn Forecast by Services
Table 24: East Asia Market US$ Mn Forecast by Owner Type
Table 25: South Asia & Pacific Market US$ Mn Forecast by Country
Table 26: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 27: South Asia & Pacific Market US$ Mn Forecast by Services
Table 28: South Asia & Pacific Market US$ Mn Forecast by Owner Type
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Product Type
Table 31: MEA Market US$ Mn Forecast by Services
Table 32: MEA Market US$ Mn Forecast by Owner Type
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 22: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 23: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 24: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 26: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 27: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 28: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Services
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Owner Type
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the Construction Equipment Repair and Maintenance Services Market likely to be Worth?
The construction equipment repair and maintenance services market is predicted to grow at 4.2% CAGR during the forecast period.
Why Construction Equipment Repair and Maintenance Services Market has a High Growth Potential?
The construction equipment repair and maintenance services market has high growth potential due to a boom in infrastructure, housing construction, and mining.
Where will Manufacturers find the Most Opportunities in the Construction Equipment Repair and Maintenance Services Market?
In the Asia Pacific region, manufacturers may find the most opportunities in the construction equipment repair and maintenance services market.
Construction Equipment Repair and Maintenance Services Market