Ethiopia Construction Equipment Market 2019-2025: Market Forecast By Equipment Type, Excavator, Material Handling, Applications, Regions, and Competitive Landscape - ResearchAndMarkets.com

The "Ethiopia Construction Equipment Market (2019-2025): Market Forecast By Equipment Type, Excavator, Material Handling, By Applications, By Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Ethiopia construction equipment market is projected to grow at a CAGR of 6.1% during 2019-25.

Development of public infrastructure and government initiatives such as Ethiopia Vision 2025, Growth & Transformation Plan - II as well as massive infrastructure projects such as The Great Renaissance Dam are driving the growth of construction equipment in Ethiopia.

Construction application segment is the key revenue-generating segment in the overall Ethiopia construction equipment market share owing to widespread expansion and development of the road network in the country. Further, government initiatives such as Ethiopia Vision 2025, Growth and Transformation Plan - II and massive infrastructure projects such as The Great Renaissance Dam would lead to growth in demand for construction equipment in Ethiopia.

In 2018, the earthmoving equipment type accounted for the highest share in terms of market revenues; however, other equipment types such as cranes, material handling and road construction equipment are considered as the key growing construction equipment types.

The report thoroughly covers the market by equipment type, applications, and regions. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/ high growth areas and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Markets Covered:

The report provides a detailed analysis of the following market segments:

By Equipment Type

• Crane
  • Mobile Crane
  • Crawler Crane
  • Tower Crane
• Construction Tractors & Bulldozers
• Earthmoving
  • Loader
  • Backhoe Loader
  • Wheeled Loader
  • Skid Steer Loader
  • Compact Track Loader
  • Excavator
  • Tracked Excavator
  • Mini Excavator
  • Wheeled Excavator
  • Motor Grader
• Material Handling
  • Forklift
  • Telescopic Handler
• Dump Trucks
  • Aerial Work Platform
  • Articulated Boom Lift
  • Telescopic Boom Lift
  • Scissor Lifts
• Road Construction Equipment
  • Paver
  • Road Roller

By Applications

• Construction
• Mining
• Others

By Regions

• Northern
• Southern

Companies Mentioned

• Caterpillar Inc.
• Doosan Infracore Co., Ltd.
• Hitachi Ltd.
• J C Bamford Excavators Limited
• Kobelco Construction Machinery Co., Ltd.
• Komatsu Ltd.
• Metso Corporation
• SANY Group
• Volvo CE
• Xuzhou Construction Machinery Group Co., Ltd.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20190823005188/en/