The construction equipment market in South & Central America is expected to grow from US$15,073.09 million in 2022 to US$23,821.19 million by 2028. It is estimated to grow at a CAGR of 7.9% from 2022 to 2028.

Economic activities across the region were considerably stifled due to the COVID-19 pandemic. According to a recent Global Infrastructure Hub (GIH) assessment in 2020, the short-term fiscal multiplier averaged 0.80 in one year and 1.53 in two to five years. The finding was derived from a sample of over 3,000 estimations from previous research conducted in developed and developing nations. Infrastructure investment has a long-term impact on product development, which can boost GDP in the long run, albeit the scale of these effects is unknown. The GIH research states that the average elasticity of private GDP to public capital stock is roughly 0.19, implying that a 1% increase in the overall value of the public capital stock will raise production by 0.19% annually. The reliance on communication infrastructure, including telecommunications and broadband services, has grown significantly, with providers reporting a 60% rise in internet traffic since the COVID-19 crisis, according to OECD in 2020.

Businesses have used digital solutions and channels to facilitate communication with employees and consumers. The governments and educational institutions have done so as well. As a result, companies and government agencies are expanding the availability of digital material or converting existing content to digital format, owing to the growth of the construction equipment market.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South & Central America construction equipment market at a substantial CAGR during the forecast period.

South & Central America Construction Equipment Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Construction Equipment Market Segmentation

The South & Central America construction equipment market is segmented by equipment type, application, and country.

Based on equipment type, the market is segmented into heavy construction vehicles, earthmoving equipment, material-handling equipment, and others. In 2022, the material-handling equipment segment held a larger market share and is expected to register a higher CAGR during the forecast period.

Based on application, the market is segmented into residential, commercial, and industrial. The commercial segment held the largest market share in 2022 and is expected to register the highest CAGR in the market during the forecast period.

Based on country, the regional market is segmented into Brazil, Argentina, and the Rest of SAM. In 2022, Brazil held a larger market share. The Rest of SAM is expected to register a higher CAGR during the forecast period.

Caterpillar Inc.; CNH Industrial N.V.; Komatsu Ltd.; Liebherr; Terex Corporation; Zoomlion Heavy Industry Science & Technology Co., Ltd.; J C Bamford Excavators Ltd. (JCB); Deere & Company; AB Volvo; and Hitachi Construction Machinery Co., Ltd. are among the leading companies in the South & Central America construction equipment market.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Construction Equipment Market – By Equipment Type
1.3.2 South & Central America Construction Equipment Market – By Application
1.3.3 South & Central America Construction Equipment Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Construction Equipment Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South & Central America Construction Equipment Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Infrastructure Investments Post COVID-19 Pandemic
5.1.2 Growing Focus on Public–Private Partnerships (PPP)
5.2 Market Restraints
5.2.1 Decreased Deal Value of Construction Equipment Projects
5.3 Market Opportunities
5.3.1 Technological Innovations in Construction Equipment
5.4 Future Trends
5.4.1 Artificial Intelligence
5.5 Impact Analysis of Drivers and Restraints
6. South & Central America Construction Equipment Market Analysis
6.1 South & Central America Construction Equipment Market Overview
6.2 South & Central America Construction Equipment Market Forecast and Analysis
7. South & Central America Construction Equipment Market – By Type
7.1 Overview
7.2 South & Central America Construction Equipment Market, By Equipment Type (2021 and 2028)
7.3 Heavy Construction Vehicles
7.3.1 Overview
7.3.2 Heavy Construction Vehicles: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Earthmoving Equipment
7.4.1 Overview
7.4.2 Earthmoving Equipment: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Material-Handling Equipment
7.5.1 Overview
7.5.2 Material-Handling Equipment: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Construction Equipment Market – By Application
8.1 Overview
8.2 South & Central America Construction Equipment Market, By Application (2021 and 2028)
8.3 COMMERCIAL
8.3.1 Overview
8.3.2 Commercial: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Residential
8.4.1 Overview
8.4.2 Residential: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Industrial
8.5.1 Overview
8.5.2 Industrial: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Construction Equipment Market – Country Analysis
9.1 Overview
9.1.1 South & Central America: Construction Equipment Market, by Key Country
9.1.1.1 Brazil: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Construction Equipment Market, By Equipment Type
9.1.1.1.2 Brazil: Construction Equipment Market, By Application
9.1.1.2 Argentina: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Construction Equipment Market, By Equipment Type
9.1.1.2.2 Argentina: Construction Equipment Market, By Application
9.1.1.3 Rest of SAM: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of SAM: Construction Equipment Market, By Equipment Type
9.1.1.3.2 Rest of SAM: Construction Equipment Market, By Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Company Profiles
11.1 Caterpillar Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 CNH Industrial N.V.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Komatsu Ltd.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Liebherr
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Terex Corporation
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Zoomlion Heavy Industry Science&Technology Co., Ltd.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 J C Bamford Excavators Ltd. (JCB)
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Deere & Company
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 AB Volvo
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Hitachi Construction Machinery Co., Ltd
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary

LIST OF TABLES

Table 1.             South & Central America Construction Equipment Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2.             South & Central America: Construction Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3.             Brazil: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)
Table 4.             Brazil: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5.             Argentina: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)
Table 6.             Argentina: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7.             Rest of SAM: Construction Equipment Market, By Equipment Type – Revenue and Forecast to 2028 (US$ Million)
Table 8.             Rest of SAM: Construction Equipment Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 9.             Glossary of Terms, South & Central America Construction Equipment Market
 
 

LIST OF FIGURES

Figure 1.           South & Central America Construction Equipment Market Segmentation
Figure 2.           South & Central America Construction Equipment Market Segmentation –Country
Figure 3.           South & Central America Construction Equipment Market Overview
Figure 4.           South & Central America Construction Equipment Market, By Equipment Type
Figure 5.           South & Central America Construction Equipment Market, By Country
Figure 6.           South & Central America: PEST Analysis
Figure 7.           South & Central America Construction Equipment Market Ecosystem Analysis
Figure 8.           Expert Opinion
Figure 9.           South & Central America Construction Equipment Market: Impact Analysis of Drivers and Restraints
Figure 10.        South & Central America Construction Equipment Market, Forecast and Analysis (US$ Million)
Figure 11.        South & Central America Construction Equipment Market Revenue Share, By Equipment Type (2021 and 2028)
Figure 12.        Heavy Construction Vehicles: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.        Earthmoving Equipment: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Material-Handling Equipment: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15.        Others: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16.        South & Central America Construction Equipment Market Revenue Share, By Application (2021 and 2028)
Figure 17.        Commercial: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.        Residential: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Industrial: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20.        Geographic Overview of South & Central America Construction Equipment Market
Figure 21.        South & Central America: Construction Equipment Market Revenue Share, by Key Country (2021 & 2028)
Figure 22.        Brazil: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        Argentina: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        Rest of SAM: Construction Equipment Market – Revenue and Forecast to 2028 (US$ Million)
 
 

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South & Central America construction equipment market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the South & Central America construction equipment market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the construction equipment market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – South & Central America Construction Equipment Market

● Caterpillar Inc.
● CNH Industrial N.V.
● Komatsu Ltd.
● Liebherr
● Terex Corporation
● Zoomlion Heavy Industry Science & Technology Co., Ltd.
● J C Bamford Excavators Ltd. (JCB)
● Deere & Company
● AB Volvo
● Hitachi Construction Machinery Co., Ltd.