Market Forecast By Types (Mobile Cranes, Construction Tractors/Bulldozer, Earthmoving Equipment (Loaders, Excavators, Motor Grader), Forklift, Dump Truck, Road Construction Equipment (Paver, Road Roller)), By Applications (Corporate Enterprise, Oil And Gas, Mining), By Regions (North-East Region, North-West Region, Central Region, Southern Region) And Competitive Landscape
According to 6Wresearch, Egypt Construction Equipment market size is projected to grow at a CAGR of 6.4% during 2022-2028. Based on types, the earthmoving equipment has garnered the major market revenue share in Egypt’s construction equipment market owing to its prevalent usage in sectors such as mining, transportation and commercial, where they are extensively used for excavating, lifting heavy weights, and laying railway tracks. However, in terms of volume Forklifts held the largest Egypt construction equipment market share followed by earthmoving equipment segment owing to its maximum use in retail and logistics sector for moving packages from one place to another.
Egypt construction equipment market witnessed a steady growth during 2018-19 owing the growing infrastructural development across Egypt, rapid industrialization along with investments to develop cross border oil & gas pipeline networks and growing demand for construction equipments. However, the covid-19 pandemic brought a decline in market revenues and volume during the year 2020 owing to the lockdown imposed in the country. The lockdown has led to a tremendous decline in the business including the construction industry. This has hampered all the economic sectors and has created disruptions in the supply chain.
By application, the construction application segment is expected to demonstrate significant growth over the coming years owing to a large number of upcoming infrastructure projects in the region.
Key Highlights of the Report
· Egypt Construction Equipment Market Overview
· Egypt Construction Equipment Market Outlook
· Egypt Construction Equipment Market Trends
· Egypt Construction Equipment Market Growth
· Market Drivers and Restraints
· Industry Life Cycle
· Egypt Construction Equipment Market Forecast
· Egypt Construction Equipment Market – Porter’s Five Forces
· Market Competitive Benchmarking
· Company Profiles
· Market Opportunity Assessment
· Company Shares
· Key Strategic Recommendations
· Historical Data and Forecast of Egypt Construction Equipment Market Revenues for the Period 2018-2028F
· Historical Data and Forecast of Egypt Construction Equipment Market Revenues, By Regions for the Period 2018-2028F
· Historical Data and Forecast of Egypt Construction Equipment Market Revenues, By Types for the Period 2018-2028F
· Historical Data and Forecast of Egypt Construction Equipment Market Revenues, By Applications for the Period 2018-2028F
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