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Construction Equipment Attachments Market Share

Report ID: GMI6250
Published Date: Jul 2023
Report Format: PDF

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Construction Equipment Attachments Market Share

Some of the major players operating in the construction equipment attachments market are :

Caterpillar Inc.
John Deere
Kubota Corporation
Liebherr Group
Komatsu Ltd.
Hitachi Construction Machinery Co., Ltd.
Sany Group.

These players are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of construction equipment attachments was valued at USD 6 billion in 2022 and is estimated to register more than 4% CAGR from 2023 to 2032 driven by the surging need to provide versatility and adaptability in a wide range of construction activities.

The aftermarket sales channel segment held 55% of the construction equipment attachments sales market share in 2022 and is poised to expand by 2032 owing to the rising need for wide range of replacement parts, including wear parts like bucket teeth and cutting edges.

Asia Pacific recorded over 30% of the global construction equipment attachments sales market share in 2022 led by the rising need for infrastructure development, including roads, bridges, buildings, and utilities.

Caterpillar Inc., John Deere, Kubota Corporation, Liebherr Group, Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., and Sany Group are some of the main construction equipment attachments sales industry players.