Table of Content


1 INTRODUCTION (Page No. - 53)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
          FIGURE 1 HEAVY CONSTRUCTION EQUIPMENT MARKET SEGMENTATION
           1.3.1 REGIONS COVERED
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
2 RESEARCH METHODOLOGY (Page No. - 57)
    2.1 RESEARCH DATA 
          FIGURE 2 HEAVY CONSTRUCTION EQUIPMENT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                                TABLE 1 PRIMARY INTERVIEWS – LEADING HEAVY CONSTRUCTION EQUIPMENT MANUFACTURERS
                    2.1.2.2 Breakdown of primary interviews
                    2.1.2.3 Key industry insights
    2.2 BASE NUMBER CALCULATION 
           2.2.1 APPROACH 1: DEMAND-SIDE ANALYSIS
           2.2.2 APPROACH 2: SUPPLY-SIDE ANALYSIS
    2.3 FORECAST NUMBER CALCULATION 
           2.3.1 SUPPLY SIDE
           2.3.2 DEMAND SIDE
    2.4 MARKET SIZE ESTIMATION 
           2.4.1 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.5 DATA TRIANGULATION 
          FIGURE 5 HEAVY CONSTRUCTION EQUIPMENT MARKET: DATA TRIANGULATION
    2.6 RECESSION IMPACT 
    2.7 FACTOR ANALYSIS 
    2.8 RESEARCH ASSUMPTIONS 
    2.9 RESEARCH LIMITATIONS AND RISKS 
3 EXECUTIVE SUMMARY (Page No. - 67)
    FIGURE 6 EARTHMOVING EQUIPMENT SEGMENT DOMINATED HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
    FIGURE 7 MATERIAL HANDLING WAS LARGEST SEGMENT IN HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
    FIGURE 8 DIESEL PROPULSION SEGMENT DOMINATED HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
    FIGURE 9 101-200 HP POWER OUTPUT SEGMENT ACCOUNTED FOR LARGEST SHARE OF HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
    FIGURE 10 <5 L ENGINE CAPACITY SEGMENT LED HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
    FIGURE 11 MINING END-USE INDUSTRY WAS LARGEST SEGMENT IN HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
    FIGURE 12 ASIA PACIFIC WAS LARGEST HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
4 PREMIUM INSIGHTS (Page No. - 72)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEAVY CONSTRUCTION EQUIPMENT MARKET 
          FIGURE 13 INFRASTRUCTURE SEGMENT TO DRIVE MARKET
    4.2 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY MACHINERY TYPE, 2022 
          FIGURE 14 EARTHMOVING EQUIPMENT SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2022
    4.3 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2022 
          FIGURE 15 MATERIAL HANDLING WAS LARGEST SEGMENT IN 2022
    4.4 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY PROPULSION TYPE, 2022 
          FIGURE 16 DIESEL PROPULSION SEGMENT DOMINATED MARKET IN 2022
    4.5 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2022 
          FIGURE 17 101-200 HP SEGMENT LED MARKET IN 2022
    4.6 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY ENGINE CAPACITY, 2022 
          FIGURE 18 <5 L SEGMENT DOMINATED MARKET IN 2022
    4.7 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY, 2022 
          FIGURE 19 MINING SEGMENT LED MARKET IN 2022
    4.8 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY KEY COUNTRIES 
          FIGURE 20 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 76)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN HEAVY CONSTRUCTION EQUIPMENT MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increasing investments in construction and infrastructure sectors
                                TABLE 2 LIST OF INFRASTRUCTURE DEVELOPMENT PROJECTS
                    5.2.1.2 Rapid urbanization
                    5.2.1.3 Rising demand in emerging countries
                    5.2.1.4 Technological advancements and upgrades
                    5.2.1.5 Demand for sustainable solutions
                                TABLE 3 KEY ELECTRIC AND HYBRID CONSTRUCTION EQUIPMENT MODELS
           5.2.2 RESTRAINTS
                    5.2.2.1 Stringent government regulations
                    5.2.2.2 Socio-economic effects of heavy construction activities
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Renting or leasing equipment
                    5.2.3.2 Digitization of services
                                TABLE 4 HEAVY CONSTRUCTION EQUIPMENT MARKET: DIGITAL SERVICES BY OEMS
                    5.2.3.3 Demand for autonomous heavy construction equipment
           5.2.4 CHALLENGES
                    5.2.4.1 High cost of equipment
                    5.2.4.2 Lack of skilled labor force and maintenance & repair-related issues
                    5.2.4.3 Development of alternative optimized solutions
    5.3 PORTER'S FIVE FORCES ANALYSIS 
          FIGURE 22 PORTER'S FIVE FORCES ANALYSIS OF HEAVY CONSTRUCTION EQUIPMENT MARKET
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
                    TABLE 5 PORTER'S FIVE FORCES ANALYSIS OF HEAVY CONSTRUCTION EQUIPMENT MARKET
    5.4 SUPPLY CHAIN ANALYSIS 
          TABLE 6 HEAVY CONSTRUCTION EQUIPMENT MARKET: SUPPLY CHAIN
    5.5 PRICING ANALYSIS 
           5.5.1 AVERAGE SELLING PRICE BY END-USE INDUSTRY, BY KEY PLAYERS
                    FIGURE 23 AVERAGE SELLING PRICE FOR TOP THREE END-USE INDUSTRIES, BY KEY PLAYERS (USD MILLION/KG)
                    FIGURE 24 AVERAGE SELLING PRICE BY MACHINERY TYPE
                    FIGURE 25 AVERAGE SELLING PRICE BY END-USE INDUSTRY (USD MILLION/KG)
    5.6 AVERAGE SELLING PRICE, BY REGION 
          TABLE 7 AVERAGE SELLING PRICE OF HEAVY CONSTRUCTION EQUIPMENT, BY REGION
    5.7 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE  END-USE INDUSTRIES
                    TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE  END-USE INDUSTRIES
           5.7.2 BUYING CRITERIA
                    FIGURE 27 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
                    TABLE 9 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
    5.8 TECHNOLOGY ANALYSIS 
           5.8.1 OVERVIEW
                    5.8.1.1 Autonomous heavy construction equipment
                    5.8.1.2 Connected technologies
                    5.8.1.3 Grade control system
    5.9 KEY CONFERENCES AND EVENTS, 2023–2024 
          TABLE 10 HEAVY CONSTRUCTION EQUIPMENT MARKET: KEY CONFERENCES AND EVENTS, 2023–2024
    5.10 GLOBAL REGULATORY FRAMEWORK AND ITS IMPACT ON HEAVY CONSTRUCTION EQUIPMENT MARKET 
           5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                     TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                     TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                     TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                     TABLE 14 MIDDLE EAST: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                     TABLE 15 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
           5.10.2 REGULATORY ANALYSIS OF HEAVY CONSTRUCTION EQUIPMENT MARKET
    5.11 ECOSYSTEM ANALYSIS 
           FIGURE 28 ECOSYSTEM ANALYSIS OF HEAVY CONSTRUCTION EQUIPMENT MARKET
    5.12 VALUE CHAIN ANALYSIS 
           FIGURE 29 VALUE CHAIN ANALYSIS OF HEAVY CONSTRUCTION EQUIPMENT MARKET
    5.13 TRADE ANALYSIS: KEY MARKETS FOR IMPORT/EXPORT 
           5.13.1 JAPAN
           5.13.2 US
           5.13.3 CHINA
    5.14 CASE STUDIES 
    5.15 TRENDS IMPACTING CUSTOMER BUSINESS 
    5.16 PATENT ANALYSIS 
           5.16.1 METHODOLOGY
           5.16.2 DOCUMENT TYPE
                     TABLE 16 HEAVY CONSTRUCTION EQUIPMENT MARKET: GLOBAL PATENTS
                     FIGURE 30 GLOBAL PATENT ANALYSIS, BY DOCUMENT TYPE
                     FIGURE 31 GLOBAL PATENT PUBLICATION TREND: 2012–2022
           5.16.3 INSIGHTS
           5.16.4 LEGAL STATUS OF PATENTS
                     FIGURE 32 HEAVY CONSTRUCTION EQUIPMENT MARKET: LEGAL STATUS OF PATENTS
           5.16.5 JURISDICTION ANALYSIS
                     FIGURE 33 GLOBAL JURISDICTION ANALYSIS
           5.16.6 TOP APPLICANTS’ ANALYSIS
                     FIGURE 34 VOLVO TRUCK CORP REGISTERED HIGHEST NUMBER OF PATENTS
           5.16.7 LIST OF PATENTS
                     TABLE 17 LIST OF PATENTS
6 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE (Page No. - 108)
    6.1 INTRODUCTION 
          FIGURE 35 EARTHMOVING EQUIPMENT SEGMENT ACCOUNTED FOR LARGEST SHARE OF HEAVY CONSTRUCTION EQUIPMENT MARKET
          TABLE 18 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2018–2022 (USD MILLION)
          TABLE 19 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (UNITS)
          TABLE 20 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2023–2028 (USD MILLION)
          TABLE 21 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (UNITS)
    6.2 EARTHMOVING EQUIPMENT 
           6.2.1 INCREASED CONSTRUCTION AND MINING ACTIVITIES TO DRIVE GROWTH
                    FIGURE 36 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE IN EARTHMOVING EQUIPMENT MARKET
                    TABLE 22 EARTHMOVING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 23 EARTHMOVING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                    TABLE 24 EARTHMOVING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 25 EARTHMOVING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
           6.2.2 EXCAVATORS
                    6.2.2.1 Crawler excavators
                    6.2.2.2 Mini excavators
                    6.2.2.3 Wheeled excavators
           6.2.3 LOADERS
                    6.2.3.1 Wheeled loaders
                    6.2.3.2 Skid-steer loaders
           6.2.4 DOZERS
           6.2.5 MOTOR GRADERS
           6.2.6 OTHERS
    6.3 MATERIAL HANDLING EQUIPMENT 
           6.3.1 INCREASE IN INFRASTRUCTURE AND CONSTRUCTION ACTIVITIES TO DRIVE MARKET
                    FIGURE 37 ASIA PACIFIC TO LEAD MATERIAL HANDLING EQUIPMENT MARKET BY 2028
                    TABLE 26 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 27 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                    TABLE 28 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 29 MATERIAL HANDLING HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
           6.3.2 CRANES
           6.3.3 TELESCOPIC HANDLERS
           6.3.4 OTHERS
                    6.3.4.1 Conveyors
                    6.3.4.2 Forklifts
    6.4 HEAVY CONSTRUCTION VEHICLES 
           6.4.1 GROWING USAGE IN INDUSTRIAL AND DEVELOPMENTAL PROJECTS TO DRIVE MARKET
                    FIGURE 38 ASIA PACIFIC TO BE LARGEST MARKET IN HEAVY CONSTRUCTION VEHICLES MARKET
                    TABLE 30 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 31 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 32 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2023–2028 (USD MILLION)
                    TABLE 33 HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2023–2028 (UNITS)
    6.5 OTHERS 
          FIGURE 39 ASIA PACIFIC TO BE LARGEST MARKET FOR OTHER HEAVY CONSTRUCTION EQUIPMENT
          TABLE 34 OTHER HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
          TABLE 35 OTHER HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
          TABLE 36 OTHER HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
          TABLE 37 OTHER HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
           6.5.1 COMPACTORS & ROAD ROLLERS
           6.5.2 PAVERS/ASPHALT FINISHERS
           6.5.3 DRILLING/BORING MACHINES
7 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY PROPULSION TYPE (Page No. - 122)
    7.1 INTRODUCTION 
          FIGURE 40 DIESEL SEGMENT ACCOUNTED FOR MAJOR SHARE OF HEAVY CONSTRUCTION EQUIPMENT MARKET IN 2022
          TABLE 38 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,  2018–2022 (USD MILLION)
          TABLE 39 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (UNITS)
          TABLE 40 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,  2023–2028 (USD MILLION)
          TABLE 41 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (UNITS)
    7.2 DIESEL 
           7.2.1 INCREASED CONSTRUCTION AND MINING ACTIVITIES TO DRIVE GROWTH
                    FIGURE 41 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF DIESEL-POWERED HEAVY CONSTRUCTION EQUIPMENT MARKET
                    TABLE 42 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 43 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 44 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 45 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
    7.3 CNG/LNG/RNG 
           7.3.1 DEMAND FOR ALTERNATIVE FUEL TO DRIVE MARKET
                    FIGURE 42 ASIA PACIFIC TO LEAD CNG/LNG/RNG HEAVY CONSTRUCTION EQUIPMENT MARKET BY 2028
                    TABLE 46 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 47 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                    TABLE 48 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 49 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
    7.4 ELECTRIC 
           7.4.1 GROWING USAGE IN INDUSTRIAL AND DEVELOPMENTAL PROJECTS TO DRIVE MARKET
                    FIGURE 43 ASIA PACIFIC TO BE LARGEST MARKET FOR ELECTRIC HEAVY CONSTRUCTION EQUIPMENT
                    TABLE 50 ELECTRIC: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 51 ELECTRIC: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 52 ELECTRIC: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 53 ELECTRIC: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2023–2028 (UNITS)
8 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY ENGINE CAPACITY (Page No. - 131)
    8.1 INTRODUCTION 
          FIGURE 44 <5 L SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HEAVY CONSTRUCTION EQUIPMENT MARKET
          TABLE 54 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2018–2022 (USD MILLION)
          TABLE 55 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2018–2022 (UNITS)
          TABLE 56 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2023–2028 (USD MILLION)
          TABLE 57 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (UNITS)
    8.2 <5 L 
           8.2.1 DEMAND FOR COMPACT CONSTRUCTION EQUIPMENT TO DRIVE GROWTH
                    FIGURE 45 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE IN <5 L HEAVY CONSTRUCTION EQUIPMENT MARKET
                    TABLE 58 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 59 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 60 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 61 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
    8.3 5-10 L 
           8.3.1 INCREASING APPLICATIONS TO DRIVE MARKET
                    FIGURE 46 ASIA PACIFIC TO LEAD 5-10 L HEAVY CONSTRUCTION EQUIPMENT MARKET  BY 2028
                    TABLE 62 5-10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 63 5-10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 64 5-10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 65 5-10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
    8.4 >10 L 
           8.4.1 LARGE INFRASTRUCTURE PROJECTS TO DRIVE MARKET
                    FIGURE 47 ASIA PACIFIC TO BE LARGEST MARKET IN >10 L HEAVY CONSTRUCTION EQUIPMENT MARKET
                    TABLE 66 >10 L: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 67 >10 L: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 68 >10 L: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 69 >10 L: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2023–2028 (UNITS)
9 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT (Page No. - 140)
    9.1 INTRODUCTION 
          FIGURE 48 101-200 HP SEGMENT TO DOMINATE HEAVY CONSTRUCTION EQUIPMENT MARKET BY 2028
          TABLE 70 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2018–2022 (USD MILLION)
          TABLE 71 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (UNITS)
          TABLE 72 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2023–2028 (USD MILLION)
          TABLE 73 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2028 (UNITS)
    9.2 <100 HP 
           9.2.1 ROAD MAINTENANCE AND REPAIR PROJECTS TO DRIVE SEGMENT
                    FIGURE 49 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE IN <100 HP HEAVY CONSTRUCTION EQUIPMENT MARKET
                    TABLE 74 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 75 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 76 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 77 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
    9.3 101-200 HP 
           9.3.1 LOW MAINTENANCE COST TO FAVOR MARKET GROWTH
                    FIGURE 50 ASIA PACIFIC TO LEAD 101-200 HP HEAVY CONSTRUCTION EQUIPMENT MARKET BY 2028
                    TABLE 78 101-200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 79 101-200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                    TABLE 80 101-200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 81 101-200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
    9.4 201-400 HP 
           9.4.1 LARGE INFRASTRUCTURE PROJECTS TO DRIVE MARKET
                    FIGURE 51 ASIA PACIFIC TO BE LARGEST MARKET IN 201-400 HP HEAVY CONSTRUCTION EQUIPMENT MARKET
                    TABLE 82 201-400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 83 201-400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2018–2022 (UNITS)
                    TABLE 84 201-400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 85 201-400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2023–2028 (UNITS)
    9.5 >400 HP 
           9.5.1 LARGE INFRASTRUCTURE PROJECTS TO DRIVE MARKET
                    FIGURE 52 ASIA PACIFIC TO BE LARGEST >400 HP HEAVY CONSTRUCTION EQUIPMENT MARKET
                    TABLE 86 >400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2018–2022 (USD MILLION)
                    TABLE 87 >400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018–2022 (UNITS)
                    TABLE 88 >400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,  2023–2028 (USD MILLION)
                    TABLE 89 >400 HP: HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2023–2028 (UNITS)
10 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION (Page No. - 151)
     10.1 INTRODUCTION 
             FIGURE 53 MATERIAL HANDLING SEGMENT TO DOMINATE HEAVY CONSTRUCTION EQUIPMENT MARKET
             TABLE 90 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022 (USD MILLION)
             TABLE 91 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (UNITS)
             TABLE 92 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
             TABLE 93 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (UNITS)
     10.2 MATERIAL HANDLING 
             10.2.1 EXTENSIVE USE IN END-USE INDUSTRIES TO DRIVE MARKET
                        TABLE 94 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                        TABLE 95 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                        TABLE 96 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                        TABLE 97 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
     10.3 TRANSPORTATION 
             10.3.1 INCREASING USE IN TRANSPORTATION OF BUILDING MATERIALS TO DRIVE MARKET
                        TABLE 98 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                        TABLE 99 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                        TABLE 100 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                        TABLE 101 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
     10.4 EXCAVATION & DEMOLITION 
             10.4.1 INCREASING DEMAND FOR LOW-FUEL CONSUMPTION EXCAVATORS TO DRIVE MARKET
                        TABLE 102 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 103 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                        TABLE 104 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 105 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
     10.5 HEAVY LIFTING 
             10.5.1 GROWING DEMAND FOR CRANES AND TELESCOPIC HANDLERS TO DRIVE MARKET
                        TABLE 106 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                        TABLE 107 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                        TABLE 108 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                        TABLE 109 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
     10.6 TUNNELING 
             10.6.1 INVESTMENTS IN IMPROVING ROAD AND RAIL CONNECTIVITY TO DRIVE SEGMENT
                        TABLE 110 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                        TABLE 111 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                        TABLE 112 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                        TABLE 113 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
     10.7 RECYCLING & WASTE MANAGEMENT 
             10.7.1 STRINGENT GOVERNMENT REGULATIONS TO HAMPER SEGMENT GROWTH
                        TABLE 114 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY REGION, 2018–2022 (USD MILLION)
                        TABLE 115 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY REGION, 2018–2022 (UNITS)
                        TABLE 116 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY REGION, 2023–2028 (USD MILLION)
                        TABLE 117 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY REGION, 2023–2028 (UNITS)
11 HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY (Page No. - 164)
     11.1 INTRODUCTION 
             FIGURE 54 MINING SEGMENT TO DOMINATE HEAVY CONSTRUCTION EQUIPMENT MARKET
             TABLE 118 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
             TABLE 119 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
             TABLE 120 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
             TABLE 121 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
     11.2 MINING 
             11.2.1 INCREASING DEMAND FOR MINERALS AND RARE EARTH METALS TO DRIVE MARKET
                        TABLE 122 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                        TABLE 123 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                        TABLE 124 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                        TABLE 125 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
     11.3 INFRASTRUCTURE 
             11.3.1 GOVERNMENT INFRASTRUCTURE PROJECTS TO DRIVE MARKET
                        TABLE 126 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (USD MILLION)
                        TABLE 127 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2018–2022 (UNITS)
                        TABLE 128 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (USD MILLION)
                        TABLE 129 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,  2023–2028 (UNITS)
     11.4 BUILDING & CONSTRUCTION 
             11.4.1 COMMERCIAL DEVELOPMENTS IN EMERGING ECONOMIES TO DRIVE MARKET
                        TABLE 130 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 131 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                        TABLE 132 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 133 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
     11.5 FORESTRY & AGRICULTURE 
             11.5.1 HIGH DEMAND FOR DOZERS TO DRIVE MARKET
                        TABLE 134 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
                        TABLE 135 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
                        TABLE 136 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
                        TABLE 137 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
     11.6 OTHERS 
             TABLE 138 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
             TABLE 139 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
             TABLE 140 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 141 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
12 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION (Page No. - 175)
     12.1 INTRODUCTION 
             TABLE 142 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
             TABLE 143 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
             TABLE 144 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION)
             TABLE 145 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2028 (UNITS)
     12.2 NORTH AMERICA 
             FIGURE 55 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
             12.2.1 RECESSION IMPACT ON NORTH AMERICA
             12.2.2 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY MACHINERY TYPE
                        TABLE 146 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (USD MILLION)
                        TABLE 147 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (UNITS)
                        TABLE 148 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,2023–2028 (USD MILLION)
                        TABLE 149 NORTH AMERICA HEACY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (UNITS)
             12.2.3 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY PROPULSION TYPE
                        TABLE 150 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (USD MILLION)
                        TABLE 151 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (UNITS)
                        TABLE 152 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,2023–2028 (USD MILLION)
                        TABLE 153 NORTH AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION,  2023–2028 (UNITS)
             12.2.4 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY ENGINE CAPACITY
                        TABLE 154 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018–2022 (USD MILLION)
                        TABLE 155 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018–2022 (UNITS)
                        TABLE 156 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,2023–2028 (USD MILLION)
                        TABLE 157 NORTH AMERICA HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (UNITS)
             12.2.5 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY POWER OUTPUT
                        TABLE 158 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
                        TABLE 159 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (UNITS)
                        TABLE 160 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,2023–2028 (USD MILLION)
                        TABLE 161 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2028 (UNITS)
             12.2.6 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY APPLICATION
                        TABLE 162 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022 (USD MILLION)
                        TABLE 163 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022
                        TABLE 164 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                        TABLE 165 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (UNITS)
             12.2.7 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY
                        TABLE 166 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                        TABLE 167 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022
                        TABLE 168 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 169 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
             12.2.8 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY COUNTRY
                        TABLE 170 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 171 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (UNITS)
                        TABLE 172 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 173 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (UNITS)
                        12.2.8.1 US
                                     12.2.8.1.1 Expansion of commercial construction sector to drive market
                                                      TABLE 174 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 175 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 176 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 177 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.2.8.2 Canada
                                     12.2.8.2.1 Upcoming mining and infrastructural projects to drive growth
                                                      TABLE 178 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 179 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 180 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 181 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.2.8.3 Mexico
                                     12.2.8.3.1 Increasing investments in construction and infrastructure sector to drive growth
                                                      TABLE 182 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 183 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 184 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 185 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
     12.3 EUROPE 
             FIGURE 56 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
             12.3.1 RECESSION IMPACT ON EUROPE
             12.3.2 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY MACHINERY TYPE
                        TABLE 186 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2018–2022 (USD MILLION)
                        TABLE 187 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2018–2022 (UNITS)
                        TABLE 188 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2023–2028 (USD MILLION)
                        TABLE 189 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2023–2028 (UNITS)
             12.3.3 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY PROPULSION TYPE
                        TABLE 190 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,  2018–2022 (USD MILLION)
                        TABLE 191 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,  2018–2022 (UNITS)
                        TABLE 192 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (USD MILLION)
                        TABLE 193 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,  2023–2028 (UNITS)
             12.3.4 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY
                        TABLE 194 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2018–2022 (USD MILLION)
                        TABLE 195 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2018–2022 (UNITS)
                        TABLE 196 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2023–2028 (USD MILLION)
                        TABLE 197 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2023–2028 (UNITS)
             12.3.5 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY POWER OUTPUT
                        TABLE 198 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2018–2022 (USD MILLION)
                        TABLE 199 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2018–2022 (UNITS)
                        TABLE 200 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
                        TABLE 201 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2023–2028 (UNITS)
             12.3.6 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY APPLICATION
                        TABLE 202 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022 (USD MILLION)
                        TABLE 203 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018–2022
                        TABLE 204 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                        TABLE 205 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (UNITS)
             12.3.7 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY
                        TABLE 206 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                        TABLE 207 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022
                        TABLE 208 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                        TABLE 209 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
             12.3.8 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
                        TABLE 210 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 211 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (UNITS)
                        TABLE 212 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 213 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (UNITS)
                        12.3.8.1 Germany
                                     12.3.8.1.1 Increase in demand for compact construction equipment to drive market
                                                      TABLE 214 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 215 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 216 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 217 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.3.8.2 France
                                     12.3.8.2.1 Rapid development of metropolitan areas to drive market
                                                      TABLE 218 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 219 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 220 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 221 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.3.8.3 UK
                                     12.3.8.3.1 Improving residential construction projects to drive market
                                                      TABLE 222 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 223 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 224 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 225 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.3.8.4 Russia
                                     12.3.8.4.1 Increasing demand for material handling equipment to drive market
                                                      TABLE 226 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 227 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 228 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 229 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.3.8.5 Rest of Europe
                                      TABLE 230 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                      TABLE 231 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                                      TABLE 232 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 233 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
     12.4 ASIA PACIFIC 
             FIGURE 57 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
             12.4.1 RECESSION IMPACT ON ASIA PACIFIC
             12.4.2 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY MACHINERY TYPE
                        TABLE 234 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2018–2022 (USD MILLION)
                        TABLE 235 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2018–2022 (UNITS)
                        TABLE 236 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (USD MILLION)
                        TABLE 237 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE,  2023–2028 (UNITS)
             12.4.3 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY PROPULSION TYPE
                        TABLE 238 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (USD MILLION)
                        TABLE 239 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (UNITS)
                        TABLE 240 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (USD MILLION)
                        TABLE 241 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (UNITS)
             12.4.4 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY ENGINE CAPACITY
                        TABLE 242 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2018–2022 (USD MILLION)
                        TABLE 243 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2018–2022 (UNITS)
                        TABLE 244 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (USD MILLION)
                        TABLE 245 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,  2023–2028 (UNITS)
             12.4.5 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY POWER OUTPUT
                        TABLE 246 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2018–2022 (USD MILLION)
                        TABLE 247 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2018–2022 (UNITS)
                        TABLE 248 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2023–2028 (USD MILLION)
                        TABLE 249 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,  2023–2028 (UNITS)
             12.4.6 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY APPLICATION
                        TABLE 250 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022 (USD MILLION)
                        TABLE 251 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022
                        TABLE 252 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                        TABLE 253 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (UNITS)
             12.4.7 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY
                        TABLE 254 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                        TABLE 255 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022
                        TABLE 256 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 257 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
             12.4.8 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY COUNTRY
                        TABLE 258 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 259 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (UNITS)
                        TABLE 260 ASIA-PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 261 ASIA-PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (UNITS)
                        12.4.8.1 China
                                     12.4.8.1.1 Huge government investments in mining sector to drive market
                                                      TABLE 262 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 263 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022
                                                      TABLE 264 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 265 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.4.8.2 India
                                     12.4.8.2.1 Improving business condition to drive market
                                                      TABLE 266 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 267 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022
                                                      TABLE 268 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 269 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.4.8.3 Japan
                                     12.4.8.3.1 Increasing government support for construction sector to drive market
                                                      TABLE 270 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 271 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 272 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 273 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.4.8.4 Australia
                                     12.4.8.4.1 Booming mining activities to drive market
                                                      TABLE 274 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 275 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022
                                                      TABLE 276 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 277 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.4.8.5 Rest of Asia Pacific
                                      TABLE 278 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                      TABLE 279 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022
                                      TABLE 280 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 281 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
     12.5 MIDDLE EAST & AFRICA 
             12.5.1 RECESSION IMPACT ON MIDDLE EAST & AFRICA
             12.5.2 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE
                        TABLE 282 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (USD MILLION)
                        TABLE 283 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (UNITS)
                        TABLE 284 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (USD MILLION)
                        TABLE 285 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (UNITS)
             12.5.3 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
                        TABLE 286 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (USD MILLION)
                        TABLE 287 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (UNITS)
                        TABLE 288 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (USD MILLION)
                        TABLE 289 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (UNITS)
             12.5.4 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY TYPE
                        TABLE 290 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018–2022 (USD MILLION)
                        TABLE 291 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018–2022 (UNITS)
                        TABLE 292 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (USD MILLION)
                        TABLE 293 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (UNITS)
             12.5.5 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT TYPE
                        TABLE 294 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
                        TABLE 295 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (UNITS)
                        TABLE 296 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
                        TABLE 297 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT TYPE, 2023–2028 (UNITS)
             12.5.6 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION TYPE
                        TABLE 298 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                        TABLE 299 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (UNITS)
                        TABLE 300 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                        TABLE 301 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (UNITS)
             12.5.7 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY TYPE
                        TABLE 302 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                        TABLE 303 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                        TABLE 304 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 305 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
             12.5.8 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
                        TABLE 306 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                        TABLE 307 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (UNITS)
                        TABLE 308 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                        TABLE 309 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (UNITS)
                        12.5.8.1 Saudi Arabia
                                     12.5.8.1.1 Vision 2030 plan to be major growth driver
                                                      TABLE 310 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                                      TABLE 311 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                                                      TABLE 312 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                                      TABLE 313 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
             12.5.9 SOUTH AFRICA
                        12.5.9.1 Increase in non-residential construction activities to drive market
                                      TABLE 314 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                      TABLE 315 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                                      TABLE 316 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 317 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
                        12.5.9.2 Turkey
                                     12.5.9.2.1 Rail infrastructure development activities to drive market
                                                      TABLE 318 TURKEY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 319 TURKEY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 320 TURKEY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 321 TURKEY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.5.9.3 Qatar
                                     12.5.9.3.1 Development and maintenance activities for commercial events to drive market
                                                      TABLE 322 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 323 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 324 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 325 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.5.9.4 UAE
                                     12.5.9.4.1 Growing tourism activities to drive market
                                                      TABLE 326 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 327 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 328 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 329 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.5.9.5 Rest of Middle East & Africa
                                      TABLE 330 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                      TABLE 331 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY, 2018–2022 (UNITS)
                                      TABLE 332 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 333 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY, 2023–2028 (UNITS)
     12.6 SOUTH AMERICA 
             12.6.1 RECESSION IMPACT ON SOUTH AMERICA
             12.6.2 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY MACHINERY TYPE
                        TABLE 334 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (USD MILLION)
                        TABLE 335 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2018–2022 (UNITS)
                        TABLE 336 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (USD MILLION)
                        TABLE 337 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2023–2028 (UNITS)
             12.6.3 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY PROPULSION TYPE
                        TABLE 338 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (USD MILLION)
                        TABLE 339 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2018–2022 (UNITS)
                        TABLE 340 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (USD MILLION)
                        TABLE 341 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2023–2028 (UNITS)
             12.6.4 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY ENGINE CAPACITY TYPE
                        TABLE 342 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018–2022 (USD MILLION)
                        TABLE 343 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2018–2022 (UNITS)
                        TABLE 344 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (USD MILLION)
                        TABLE 345 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2023–2028 (UNITS)
             12.6.5 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY POWER OUTPUT TYPE
                        TABLE 346 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
                        TABLE 347 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (UNITS)
                        TABLE 348 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
                        TABLE 349 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT TYPE, 2023–2028 (UNITS)
             12.6.6 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY APPLICATION TYPE
                        TABLE 350 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022 (USD MILLION)
                        TABLE 351 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2018–2022 (UNITS)
                        TABLE 352 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (USD MILLION)
                        TABLE 353 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,  2023–2028 (UNITS)
             12.6.7 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY END-USE INDUSTRY
                        TABLE 354 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                        TABLE 355 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                        TABLE 356 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                        TABLE 357 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
             12.6.8 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET,  BY COUNTRY
                        TABLE 358 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (USD MILLION)
                        TABLE 359 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2018–2022 (UNITS)
                        TABLE 360 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
                        TABLE 361 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,  2023–2028 (UNITS)
                        12.6.8.1 Brazil
                                     12.6.8.1.1 Increased hotel construction projects to drive market
                                                      TABLE 362 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 363 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 364 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 365 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.6.8.2 Argentina
                                     12.6.8.2.1 Growth of infrastructure projects to drive market
                                                      TABLE 366 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                                      TABLE 367 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                                                      TABLE 368 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                                      TABLE 369 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
                        12.6.8.3 Chile
                                     12.6.8.3.1 Increasing Rail infrastructure development activities to drive market
                                                      TABLE 370 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 371 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 372 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 373 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.6.8.4 Peru
                                     12.6.8.4.1 Growing Mining activities to drive market
                                                      TABLE 374 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (USD MILLION)
                                                      TABLE 375 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2018–2022 (UNITS)
                                                      TABLE 376 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (USD MILLION)
                                                      TABLE 377 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY,  2023–2028 (UNITS)
                        12.6.8.5 Rest of South America
                                      TABLE 378 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (USD MILLION)
                                      TABLE 379 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2018–2022 (UNITS)
                                      TABLE 380 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (USD MILLION)
                                      TABLE 381 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2023–2028 (UNITS)
13 COMPETITIVE LANDSCAPE (Page No. - 268)
     13.1 INTRODUCTION 
     13.2 MARKET SHARE ANALYSIS 
             FIGURE 58 SHARE OF TOP COMPANIES IN HEAVY CONSTRUCTION EQUIPMENT MARKET
             TABLE 382 DEGREE OF COMPETITION:  HEAVY CONSTRUCTION EQUIPMENT MARKET
     13.3 MARKET RANKING 
             FIGURE 59 RANKING OF TOP FIVE PLAYERS IN HEAVY CONSTRUCTION EQUIPMENT MARKET
     13.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS 
             FIGURE 60 REVENUE ANALYSIS
     13.5 COMPANY EVALUATION MATRIX 
             TABLE 383 COMPANY PRODUCT FOOTPRINT
             TABLE 384 MACHINERY TYPE FOOTPRINT
             TABLE 385 COMPANY END-USE INDUSTRY FOOTPRINT
             TABLE 386 COMPANY REGION FOOTPRINT
     13.6 COMPANY EVALUATION MATRIX 
             13.6.1 STARS
             13.6.2 PERVASIVE PLAYERS
             13.6.3 EMERGING LEADERS
             13.6.4 PARTICIPANTS
                        FIGURE 61 HEAVY CONSTRUCTION EQUIPMENT MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022
     13.7 MARKET EVALUATION FRAMEWORK 
             TABLE 387 HEAVY CONSTRUCTION EQUIPMENT MARKET: DEALS, 2022–2023
             TABLE 388 HEAVY CONSTRUCTION EQUIPMENT: PRODUCT DEVELOPMENTS, 2022–2023
             TABLE 389 HEAVY CONSTRUCTION EQUIPMENT: OTHER DEVELOPMENTS, 2022–2023
     13.8 COMPETITIVE BENCHMARKING  OF KEY STARTUPS/SMES 
             TABLE 390 HEAVY CONSTRUCTION EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES
             TABLE 391 HEAVY CONSTRUCTION EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     13.9 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX 
             13.9.1 PROGRESSIVE COMPANIES
             13.9.2 RESPONSIVE COMPANIES
             13.9.3 DYNAMIC COMPANIES
             13.9.4 STARTING BLOCKS
                        FIGURE 62 HEAVY CONSTRUCTION EQUIPMENT MARKET: SMALL AND MEDIUM-SIZED ENTERPRISES MAPPING, 2022
14 COMPANY PROFILES (Page No. - 295)
     14.1 KEY COMPANIES 
(overview, Products/Solutions/Services offered, Deals, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses and competitive threats)*
             14.1.1 CATERPILLAR
                        TABLE 392 CATERPILLAR: COMPANY OVERVIEW
                        FIGURE 63 CATERPILLAR: COMPANY SNAPSHOT
             14.1.2 VOLVO GROUP
                        TABLE 393 VOLVO GROUP: COMPANY OVERVIEW
                        FIGURE 64 VOLVO GROUP: COMPANY SNAPSHOT
             14.1.3 KOMATSU
                        TABLE 394 KOMASTU: COMPANY OVERVIEW
                        FIGURE 65 KOMASTU: COMPANY SNAPSHOT
             14.1.4 HITACHI CONSTRUCTION MACHINERY CO., LTD.
                        TABLE 395 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
                        FIGURE 66 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
             14.1.5 TEREX CORPORATION
                        TABLE 396 TEREX CORPORATION: COMPANY OVERVIEW
                        FIGURE 67 TEREX CORPORATION: COMPANY SNAPSHOT
             14.1.6 LIEBHERR AG
                        TABLE 397 LIEBHERR AG: COMPANY OVERVIEW
                        FIGURE 68 LIEBHERR AG: COMPANY SNAPSHOT
             14.1.7 SANY HEAVY INDUSTRY CO., LTD.
                        TABLE 398 SANY HEAVY INDUSTRY CO., LTD.: COMPANY OVERVIEW
             14.1.8 HD HYUNDAI
                        TABLE 399 HD HYUNDAI: COMPANY OVERVIEW
                        FIGURE 69 HD HYUNDAI: COMPANY SNAPSHOT
             14.1.9 XCMG GROUP
                        TABLE 400 XCMG GROUP: COMPANY OVERVIEW
                        FIGURE 70 XCMG GROUP: COMPANY SNAPSHOT
             14.1.10 CNH INDUSTRIAL N.V.
                        TABLE 401 CNH INDUSTRIAL N.V.: COMPANY OVERVIEW
                        FIGURE 71 CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT
     14.2 OTHER PLAYERS 
             14.2.1 J C BAMFORD EXCAVATORS LTD.
                        TABLE 402 J C BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW
             14.2.2 WACKER NEUSON SE
                        TABLE 403 WACKER NEUSON SE: COMPANY OVERVIEW
             14.2.3 MANITOU GROUP
                        TABLE 404 MANITOU GROUP: COMPANY OVERVIEW
             14.2.4 ESCORTS KUBOTA LIMITED
                        TABLE 405 ESCORTS KUBOTA LIMITED: COMPANY OVERVIEW
             14.2.5 DEERE & COMPANY
                        TABLE 406 DEERE & COMPANY: COMPANY OVERVIEW
             14.2.6 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.
                        TABLE 407 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
             14.2.7 KOBELCO CONSTRUCTION MACHINERY CO., LTD.
                        TABLE 408 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
             14.2.8 SUMITOMO HEAVY INDUSTRIES, LTD.
                        TABLE 409 SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
             14.2.9 HIAB
                        TABLE 410 HIAB: COMPANY OVERVIEW
             14.2.10 HIDROMEK
                        TABLE 411 HIDROMEK: COMPANY OVERVIEW
*Details on Business overview, Products/Solutions/Services offered, Deals, Recent developments, MnM view, Right to win, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 APPENDIX (Page No. - 350)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS