Global Agriculture, Construction, And Mining Machinery Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Agriculture, Construction, And Mining Machinery Market Report by The Business Research company covers agriculture, construction, and mining machinery market drivers and restraints, agriculture, construction, and mining machinery market size, major players, and the impact of COVID-19 on the agriculture, construction, and mining machinery market.
The agriculture, construction, and mining machinery market consist of sales of farm machinery and equipment, power mowing equipment, and other powered home lawn and garden equipment, construction machinery, surface mining machinery, and logging equipment, and oil and gas field and underground mining machinery and equipment by entities (organizations, sole traders or partnerships) that produce agriculture, construction, and mining machinery.
Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period. The global agriculture, construction, and mining machinery market is expected to grow from $517.6 billion in 2020 to $581.52 billion in 2021 at a compound annual growth rate (CAGR) of 12.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $797.96 billion in 2025 at a CAGR of 8%.
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Some agriculture, construction, and mining machinery market trends include offering telematics systems to farmers to enable wireless transfer of data between the equipment and its user. Telematics refers to the technology of collecting data from a farm equipment operating in a field and then transferring the data to customers through internet on real time basis. This enables farmers to remotely collect and manage information from their field equipment, enhance operational efficiencies and reduce production costs.
Global agriculture, construction, and mining machinery market segments include:
1) By Type: Construction Machinery, Agricultural Implement, Mining And Oil And Gas Field Machinery.
2) By Operation: Autonomous, Semi-autonomous, Manual.
3) By Capacity: Small, Medium, Large.
Subsegments Covered: Earthmoving, Material Handling, Building & Road Construction Equipment, Farm Machinery And Equipment, Sanitary Paper Product, Stationery Products, Paper Bag And Coated And Treated Paper, Oil & Gas Field Machinery And Equipment, Mining Machinery And Equipment.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global agriculture, construction, and mining machinery market, accounting for 35% of the market.
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The Agriculture, Construction, And Mining Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides agriculture, construction, and mining machinery market overviews, analyzes and forecasts market size, share, agriculture, construction, and mining machinery market players, agriculture, construction, and mining machinery market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The agriculture, construction, and mining machinery identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Agriculture, Construction, And Mining Machinery Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Caterpillar Inc, Deere & Company, CNH Industrial NV, Doosan Infracore Co, Kubota Corp
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Agriculture, Construction, And Mining Machinery Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Agriculture, Construction, And Mining Machinery Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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