Product Code: 4793
Global Used Construction Equipment Market size will exhibit 5.8% CAGR between 2023 and 2032, driven by the growing concerns pertaining to workers' safety in Europe. According to the European Trade Union Institute, approximately 23% of European workers express concerns that their work poses risks to their safety and well-being, indicating that working conditions in Europe are not advancing. Despite an accelerating shift from manufacturing to service jobs in the region, employees still face challenges related to conventional physical hazards such as noise, handling dangerous materials, and heavy lifting.
These have prompted construction companies to prioritize safety and compliance with stringent regulations, driving the demand for well-maintained, reliable machinery, thus stimulating industry growth. Investing in used equipment that meets safety standards and is more affordable than new machinery becomes an attractive option. This trend is expected to drive the expansion of the used construction equipment market in Europe.
The overall used construction equipment market is segregated based on product and region.
The used concrete equipment industry will register appreciable growth throughout 2023-2032. Used concrete equipment includes items like concrete pumps, crushers, asphalt pavers, transit mixers, batching plants, etc. The construction industry benefits from cost-effectiveness when acquiring well-maintained, pre-owned machinery. Additionally, the need for upgrading or expanding infrastructure projects often prompts the purchase of used equipment to meet project requirements efficiently. Besides, environmental concerns and sustainability initiatives encourage the recycling and repurposing of concrete equipment, further propelling the demand for used machinery in construction and infrastructure development.
North America used equipment industry is experiencing substantial growth primarily due to the increasing emphasis on cost-efficiency in construction, manufacturing, and other sectors. Pre-owned machinery provides a cost-effective alternative to purchasing new equipment, enabling companies to maximize their budgets. Moreover, rapid technological advancements have led to the frequent replacement of machinery, making well-maintained used equipment attractive for those looking to upgrade their capabilities while minimizing expenses. This trend is evident in various sectors, such as construction, agriculture, and logistics, contributing to the industry's expansion in North America.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Methodology
- 1.1.1 Initial data exploration
- 1.1.2 Statistical model and forecast
- 1.1.3 Industry insights and validation
- 1.1.4 Scope, definition and forecast parameters
- 1.1.4.1 Definitions
- 1.1.4.2 Assumptions, methodology and forecast parameters
- 1.2 Data Sources
- 1.2.1 Secondary
- 1.2.2 Primary
Chapter 2 Executive Summary
- 2.1 Used used construction equipment industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
Chapter 3 Industry Insights
- 3.1 Industry segmentation
- 3.2 Impact of COVID-19 on used construction equipment industry landscape
- 3.2.1 Global outlook
- 3.2.2 Regional impact
- 3.2.2.1 North America
- 3.2.2.2 Europe
- 3.2.2.3 Asia Pacific
- 3.2.2.4 Latin America
- 3.2.2.5 MEA
- 3.2.3 Industry value chain
- 3.2.3.1 Research & development
- 3.2.3.2 Manufacturing
- 3.2.3.3 Marketing
- 3.2.3.4 Supply
- 3.2.4 Competitive landscape
- 3.2.4.1 Strategy
- 3.2.4.2 Distribution network
- 3.2.4.3 Business growth
- 3.3 Industry ecosystem analysis
- 3.3.1 Component suppliers
- 3.3.2 Technology providers
- 3.3.3 Manufacturers
- 3.3.4 End use landscape
- 3.3.5 Distribution channel analysis
- 3.3.6 Vendor matrix
- 3.4 Technology & innovation landscape
- 3.5 Regulatory landscape
- 3.5.1 ISO standards
- 3.5.1.1 ISO 4310
- 3.5.1.2 ISO 8686
- 3.5.1.3 ISO 10245-1:2008
- 3.5.1.4 ISO 12480-1
- 3.5.1.5 ISO 23815-1
- 3.5.1.6 ISO 12482
- 3.5.1.7 ISO 23814
- 3.5.1.8 ISO 19432:2012
- 3.5.2 North America
- 3.5.3 Europe
- 3.5.4 Asia Pacific
- 3.5.5 Latin America
- 3.5.6 MEA
- 3.6 Industry impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 High cost of new construction equipment
- 3.6.1.2 Increasing investments in public infrastructure development in North America
- 3.6.1.3 Growing worker safety concerns in Europe
- 3.6.1.4 Emergence of small construction companies in Asia Pacific
- 3.6.1.5 Growing urbanization in Latin America
- 3.6.1.6 Increasing investments in smart city development and mining projects in MEA
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 High maintance cost of used construction equipment
- 3.6.2.2 Unorganized nature of used construction equipment industry
- 3.6.2.3 Cyclic nature of application industries
- 3.7 Growth potential analysis
- 3.8 Porter's analysis
- 3.8.1 Supplier power
- 3.8.2 Buyer power
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Internal rivalry
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape,
- 4.1 Introduction
- 4.2 Key player analysis
Chapter 5 Used Construction Equipment Market, By Product
- 5.1 Key trends by products
- 5.2 Earthmoving & roadbuilding equipment
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Backhoe
- 5.2.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.3 Excavator
- 5.2.3.1 Market estimates and forecast, 2018 - 2032
- 5.2.4 Loader
- 5.2.4.1 Market estimates and forecast, 2018 - 2032
- 5.2.5 Compaction equipment
- 5.2.5.1 Market estimates and forecast, 2018 - 2032
- 5.2.6 Others
- 5.2.6.1 Market estimates and forecast, 2018 - 2032
- 5.3 Material handling and cranes
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Storage and handling equipment
- 5.3.2.1 Market estimates and forecast, 2018 - 2032
- 5.3.3 Engineered systems
- 5.3.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.4 Industrial trucks
- 5.3.4.1 Market estimates and forecast, 2018 - 2032
- 5.3.5 Bulk material handling equipment
- 5.3.5.1 Market estimates and forecast, 2018 - 2032
- 5.4 Concrete equipment
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.2 Concrete pumps
- 5.4.2.1 Market estimates and forecast, 2018 - 2032
- 5.4.3 Crusher
- 5.4.3.1 Market estimates and forecast, 2018 - 2032
- 5.4.4 Transit mixers
- 5.4.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.5 Asphalt pavers
- 5.4.5.1 Market estimates and forecast, 2018 - 2032
- 5.4.6 Batching plants
- 5.4.6.1 Market estimates and forecast, 2018 - 2032
Chapter 6 Used Construction Equipment Market, By Region
- 6.1 Key trends by region
- 6.2 North America
- 6.2.1 Market estimates and forecast, by product, 2018 - 2032
- 6.2.2 U.S.
- 6.2.2.1 Market estimates and forecast, by product, 2018 - 2032
- 6.2.3 Canada
- 6.2.3.1 Market estimates and forecast, by product, 2018 - 2032
- 6.3 Europe
- 6.3.1 Market estimates and forecast, by product, 2018 - 2032
- 6.3.2 UK
- 6.3.2.1 Market estimates and forecast, by product, 2018 - 2032
- 6.3.3 Germany
- 6.3.3.1 Market estimates and forecast, by product, 2018 - 2032
- 6.3.4 France
- 6.3.4.1 Market estimates and forecast, by product, 2018 - 2032
- 6.3.5 Italy
- 6.3.5.1 Market estimates and forecast, by product, 2018 - 2032
- 6.3.6 Russia
- 6.3.6.1 Market estimates and forecast, by product, 2018 - 2032
- 6.4 Asia Pacific
- 6.4.1 Market estimates and forecast, by product, 2018 - 2032
- 6.4.2 China
- 6.4.2.1 Market estimates and forecast, by product, 2018 - 2032
- 6.4.3 India
- 6.4.3.1 Market estimates and forecast, by product, 2018 - 2032
- 6.4.4 Japan
- 6.4.4.1 Market estimates and forecast, by product, 2018 - 2032
- 6.4.5 South Korea
- 6.4.5.1 Market estimates and forecast, by product, 2018 - 2032
- 6.5 Latin America
- 6.5.1 Market estimates and forecast, by product, 2018 - 2032
- 6.5.2 Brazil
- 6.5.2.1 Market estimates and forecast, by product, 2018 - 2032
- 6.5.3 Mexico
- 6.5.3.1 Market estimates and forecast, by product, 2018 - 2032
- 6.6 MEA
- 6.6.1 Market estimates and forecast, by product, 2018 - 2032
- 6.6.2 UAE
- 6.6.2.1 Market estimates and forecast, by product, 2018 - 2032
- 6.6.3 Saudi Arabia
- 6.6.3.1 Market estimates and forecast, by product, 2018 - 2032
- 6.6.4 South Africa
- 6.6.4.1 Market estimates and forecast, by product, 2018 - 2032
Chapter 7 Company Profiles
- 7.1 AIS Construction Equipment Service Corporation
- 7.1.1 Business Overview
- 7.1.2 Financial Data
- 7.1.3 Product Landscape
- 7.1.4 Strategic Outlook
- 7.1.5 SWOT Analysis
- 7.2 Arabian Jerusalem Equipment Trading Company LLC
- 7.2.1 Business Overview
- 7.2.2 Financial Data
- 7.2.3 Product Landscape
- 7.2.4 Strategic Outlook
- 7.2.5 SWOT Analysis
- 7.3 Caterpillar Inc.
- 7.3.1 Business Overview
- 7.3.2 Financial Data
- 7.3.3 Product Landscape
- 7.3.4 Strategic Outlook
- 7.3.5 SWOT Analysis
- 7.4 Deere & Company
- 7.4.1 Business Overview
- 7.4.2 Financial Data
- 7.4.3 Product Landscape
- 7.4.4 Strategic Outlook
- 7.4.5 SWOT Analysis
- 7.5 Equippo AG
- 7.5.1 Business Overview
- 7.5.2 Financial Data
- 7.5.3 Product Landscape
- 7.5.4 Strategic Outlook
- 7.5.5 SWOT Analysis
- 7.6 Hitachi Construction Machinery
- 7.6.1 Business Overview
- 7.6.2 Financial Data
- 7.6.3 Product Landscape
- 7.6.4 Strategic Outlook
- 7.6.5 SWOT Analysis
- 7.7 HKL Baumaschinen GmbH
- 7.7.1 Business Overview
- 7.7.2 Financial Data
- 7.7.3 Product Landscape
- 7.7.4 Strategic Outlook
- 7.7.5 SWOT Analysis
- 7.8 Infra Bazzar
- 7.8.1 Business Overview
- 7.8.2 Financial Data
- 7.8.3 Product Landscape
- 7.8.4 Strategic Outlook
- 7.8.5 SWOT Analysis
- 7.9 Komatsu Ltd.
- 7.9.1 Business Overview
- 7.9.2 Financial Data
- 7.9.3 Product Landscape
- 7.9.4 Strategic Outlook
- 7.9.5 SWOT Analysis
- 7.10 Machinery Trader
- 7.10.1 Business Overview
- 7.10.2 Financial Data
- 7.10.3 Product Landscape
- 7.10.4 Strategic Outlook
- 7.10.5 SWOT Analysis
- 7.11 Ritchie Bros. Auctioneers
- 7.11.1 Business Overview
- 7.11.2 Financial Data
- 7.11.3 Product Landscape
- 7.11.4 Strategic Outlook
- 7.11.5 SWOT Analysis
- 7.12 Shriram Automall India Limited (SAMIL)
- 7.12.1 Business Overview
- 7.12.2 Financial Data
- 7.12.3 Product Landscape
- 7.12.4 Strategic Outlook
- 7.12.5 SWOT Analysis
- 7.13 Terex Corporation
- 7.13.1 Business Overview
- 7.13.2 Financial Data
- 7.13.3 Product Landscape
- 7.13.4 Strategic Outlook
- 7.13.5 SWOT Analysis
- 7.14 Toromont Industries Ltd.
- 7.14.1 Business Overview
- 7.14.2 Financial Data
- 7.14.3 Product Landscape
- 7.14.4 Strategic Outlook
- 7.14.5 SWOT Analysis
- 7.15 Volvo Construction Equipment
- 7.15.1 Business Overview
- 7.15.2 Financial Data
- 7.15.3 Product Landscape
- 7.15.4 Strategic Outlook
- 7.15.5 SWOT Analysis