Heavy Construction Equipment Market would be worth $195.0 Billion by 2018. April 2014 | Page 2

Heavy Construction Equipment Market Share, By Geography, 2012

Source: MarketsandMarkets Analysis

Earth moving equipment: Biggest market, by types
Earth moving equipment has the largest market share in the heavy construction equipment
market across the globe. Earth moving equipment is used globally for all types of geographic
topologies. They are also used for excavation purpose which is a necessary operation and are
performed in all types of terrain across the globe. Earth moving equipment includes excavators,
loaders, backhoes, motor graders, and other equipment. BRIC nations drive the growth of this
market.
Infrastructure leads the market by application
Infrastructure includes the public infrastructure such as heavy civil works of rail, road, dams,
irrigation canals, governmental schools, post offices, hospitals, sports complexes, stadiums, and
other heavy civil construction work. These structures form the backbone for the development of
the economy for any country. After the market slump of 2009, governments of various nations
have started investing to develop better infrastructure. The infrastructure construction activities
will be dominant in developing markets such as China, India and Brazil. The reconstruction
activities in Japan after the devastating earthquake have also contributed to the infrastructure
construction market.