Hybrid Construction Equipment Market Dynamics 2021-2031
A hybrid construction equipment is one which have two power sources. The hybrid construction equipment includes machines and equipment like, excavators, loaders, trenchers, graders, dump trucks etc. The key market drivers for hybrid construction equipment market are, growing construction activities across the globe along with increasing awareness and demand about advanced construction equipment are expected to fuel the market growth during the forecast period.
MARKET DYNAMICS
The key market drivers for hybrid construction equipment market are, increasing awareness and demand about advanced construction equipment are expected to fuel the market growth during the forecast period. Furthermore, increasing awareness about environment concerns along with environment friendly hybrid construction equipment which can boost up the process and also give fuel efficiency is also a prominent market driver for the market growth. Whereas, higher cost of hybrid construction equipment is expected to restrain market growth during the forecast period.
MARKET SCOPE
The "Global Hybrid construction equipment Market Analysis to 2031" is a specialized and in-depth study of the Hybrid construction equipment Market with a special focus on the global market trend analysis. The report aims to provide an overview of Hybrid construction equipment market with detailed market segmentation by product configuration and type. The global Hybrid construction equipment market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Hybrid construction equipment market player and offers key trends and opportunities in the Hybrid construction equipment market.
MARKET SEGMENTATION
The global Hybrid construction equipment market is segmented as, configuration and type. Based on configuration the market is segmented as, series, parallel and series parallel. Based on type the market is segmented as, material handling machinery, concrete and road construction machinery and earth moving machinery.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hybrid construction equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hybrid construction equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hybrid construction equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Hybrid construction equipment market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Hybrid construction equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hybrid construction equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Hybrid construction equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Hybrid construction equipment market in these regions.
MARKET PLAYERS
The reports cover key developments in the Hybrid construction equipment market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Hybrid construction equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for Hybrid construction equipment market. Below mentioned is the list of few companies engaged in the Hybrid construction equipment market.
The report also includes the profiles of key Hybrid construction equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Hitachi Construction Machinery
- AB Volvo
- Kobelco Construction Machinery Co., Ltd
- Komatsu Europe International N.V.
- Deere and Company
- Caterpillar
- Cummins Inc.
- Mecalac
- Takeuchi
- SANY Group
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hybrid Construction Equipment Market - By Configuration
1.3.2 Hybrid Construction Equipment Market - By Type
1.3.3 Hybrid Construction Equipment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HYBRID CONSTRUCTION EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HYBRID CONSTRUCTION EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HYBRID CONSTRUCTION EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. HYBRID CONSTRUCTION EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. HYBRID CONSTRUCTION EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HYBRID CONSTRUCTION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - CONFIGURATION
7.1. OVERVIEW
7.2. CONFIGURATION MARKET FORECASTS AND ANALYSIS
7.3. SERIES
7.3.1. Overview
7.3.2. Series Market Forecast and Analysis
7.4. PARALLEL
7.4.1. Overview
7.4.2. Parallel Market Forecast and Analysis
7.5. SERIES-PARALLEL
7.5.1. Overview
7.5.2. Series-parallel Market Forecast and Analysis
8. HYBRID CONSTRUCTION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. MATERIAL HANDLING MACHINERY
8.3.1. Overview
8.3.2. Material Handling Machinery Market Forecast and Analysis
8.4. CONCRETE AND ROAD CONSTRUCTION MACHINERY
8.4.1. Overview
8.4.2. Concrete and Road Construction Machinery Market Forecast and Analysis
8.5. EARTH MOVING MACHINERY
8.5.1. Overview
8.5.2. Earth Moving Machinery Market Forecast and Analysis
9. HYBRID CONSTRUCTION EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hybrid Construction Equipment Market Overview
9.1.2 North America Hybrid Construction Equipment Market Forecasts and Analysis
9.1.3 North America Hybrid Construction Equipment Market Forecasts and Analysis - By Configuration
9.1.4 North America Hybrid Construction Equipment Market Forecasts and Analysis - By Type
9.1.5 North America Hybrid Construction Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hybrid Construction Equipment Market
9.1.5.1.1 United States Hybrid Construction Equipment Market by Configuration
9.1.5.1.2 United States Hybrid Construction Equipment Market by Type
9.1.5.2 Canada Hybrid Construction Equipment Market
9.1.5.2.1 Canada Hybrid Construction Equipment Market by Configuration
9.1.5.2.2 Canada Hybrid Construction Equipment Market by Type
9.1.5.3 Mexico Hybrid Construction Equipment Market
9.1.5.3.1 Mexico Hybrid Construction Equipment Market by Configuration
9.1.5.3.2 Mexico Hybrid Construction Equipment Market by Type
9.2. EUROPE
9.2.1 Europe Hybrid Construction Equipment Market Overview
9.2.2 Europe Hybrid Construction Equipment Market Forecasts and Analysis
9.2.3 Europe Hybrid Construction Equipment Market Forecasts and Analysis - By Configuration
9.2.4 Europe Hybrid Construction Equipment Market Forecasts and Analysis - By Type
9.2.5 Europe Hybrid Construction Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hybrid Construction Equipment Market
9.2.5.1.1 Germany Hybrid Construction Equipment Market by Configuration
9.2.5.1.2 Germany Hybrid Construction Equipment Market by Type
9.2.5.2 France Hybrid Construction Equipment Market
9.2.5.2.1 France Hybrid Construction Equipment Market by Configuration
9.2.5.2.2 France Hybrid Construction Equipment Market by Type
9.2.5.3 Italy Hybrid Construction Equipment Market
9.2.5.3.1 Italy Hybrid Construction Equipment Market by Configuration
9.2.5.3.2 Italy Hybrid Construction Equipment Market by Type
9.2.5.4 United Kingdom Hybrid Construction Equipment Market
9.2.5.4.1 United Kingdom Hybrid Construction Equipment Market by Configuration
9.2.5.4.2 United Kingdom Hybrid Construction Equipment Market by Type
9.2.5.5 Rest of Europe Hybrid Construction Equipment Market
9.2.5.5.1 Rest of Europe Hybrid Construction Equipment Market by Configuration
9.2.5.5.2 Rest of Europe Hybrid Construction Equipment Market by Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hybrid Construction Equipment Market Overview
9.3.2 Asia-Pacific Hybrid Construction Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Hybrid Construction Equipment Market Forecasts and Analysis - By Configuration
9.3.4 Asia-Pacific Hybrid Construction Equipment Market Forecasts and Analysis - By Type
9.3.5 Asia-Pacific Hybrid Construction Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hybrid Construction Equipment Market
9.3.5.1.1 Australia Hybrid Construction Equipment Market by Configuration
9.3.5.1.2 Australia Hybrid Construction Equipment Market by Type
9.3.5.2 China Hybrid Construction Equipment Market
9.3.5.2.1 China Hybrid Construction Equipment Market by Configuration
9.3.5.2.2 China Hybrid Construction Equipment Market by Type
9.3.5.3 India Hybrid Construction Equipment Market
9.3.5.3.1 India Hybrid Construction Equipment Market by Configuration
9.3.5.3.2 India Hybrid Construction Equipment Market by Type
9.3.5.4 Japan Hybrid Construction Equipment Market
9.3.5.4.1 Japan Hybrid Construction Equipment Market by Configuration
9.3.5.4.2 Japan Hybrid Construction Equipment Market by Type
9.3.5.5 South Korea Hybrid Construction Equipment Market
9.3.5.5.1 South Korea Hybrid Construction Equipment Market by Configuration
9.3.5.5.2 South Korea Hybrid Construction Equipment Market by Type
9.3.5.6 Rest of Asia-Pacific Hybrid Construction Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Hybrid Construction Equipment Market by Configuration
9.3.5.6.2 Rest of Asia-Pacific Hybrid Construction Equipment Market by Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hybrid Construction Equipment Market Overview
9.4.2 Middle East and Africa Hybrid Construction Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Hybrid Construction Equipment Market Forecasts and Analysis - By Configuration
9.4.4 Middle East and Africa Hybrid Construction Equipment Market Forecasts and Analysis - By Type
9.4.5 Middle East and Africa Hybrid Construction Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hybrid Construction Equipment Market
9.4.5.1.1 South Africa Hybrid Construction Equipment Market by Configuration
9.4.5.1.2 South Africa Hybrid Construction Equipment Market by Type
9.4.5.2 Saudi Arabia Hybrid Construction Equipment Market
9.4.5.2.1 Saudi Arabia Hybrid Construction Equipment Market by Configuration
9.4.5.2.2 Saudi Arabia Hybrid Construction Equipment Market by Type
9.4.5.3 U.A.E Hybrid Construction Equipment Market
9.4.5.3.1 U.A.E Hybrid Construction Equipment Market by Configuration
9.4.5.3.2 U.A.E Hybrid Construction Equipment Market by Type
9.4.5.4 Rest of Middle East and Africa Hybrid Construction Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Hybrid Construction Equipment Market by Configuration
9.4.5.4.2 Rest of Middle East and Africa Hybrid Construction Equipment Market by Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hybrid Construction Equipment Market Overview
9.5.2 South and Central America Hybrid Construction Equipment Market Forecasts and Analysis
9.5.3 South and Central America Hybrid Construction Equipment Market Forecasts and Analysis - By Configuration
9.5.4 South and Central America Hybrid Construction Equipment Market Forecasts and Analysis - By Type
9.5.5 South and Central America Hybrid Construction Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hybrid Construction Equipment Market
9.5.5.1.1 Brazil Hybrid Construction Equipment Market by Configuration
9.5.5.1.2 Brazil Hybrid Construction Equipment Market by Type
9.5.5.2 Argentina Hybrid Construction Equipment Market
9.5.5.2.1 Argentina Hybrid Construction Equipment Market by Configuration
9.5.5.2.2 Argentina Hybrid Construction Equipment Market by Type
9.5.5.3 Rest of South and Central America Hybrid Construction Equipment Market
9.5.5.3.1 Rest of South and Central America Hybrid Construction Equipment Market by Configuration
9.5.5.3.2 Rest of South and Central America Hybrid Construction Equipment Market by Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HYBRID CONSTRUCTION EQUIPMENT MARKET, KEY COMPANY PROFILES
11.1. HITACHI CONSTRUCTION MACHINERY
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. AB VOLVO
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. KOBELCO CONSTRUCTION MACHINERY CO., 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. KOMATSU EUROPE INTERNATIONAL N.V.
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. DEERE AND COMPANY
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. CATERPILLAR
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. CUMMINS INC.
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. MECALAC
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. TAKEUCHI
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. SANY GROUP
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 OF TERMS
1. Hitachi Construction Machinery
2. AB Volvo
3. Kobelco Construction Machinery Co., Ltd
4. Komatsu Europe International N.V.
5. Deere and Company
6. Caterpillar
7. Cummins Inc.
8. Mecalac
9. Takeuchi
10. SANY Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.