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Ethiopia and Djibouti Heavy Equipment Market, by Machinery Type (Earth Moving Machinery, Material Handling Machinery, Roadway Machinery, and Others), Function (Hauling, Drilling, Excavating, Paving and Grading, and Others), Business Type (Original equipment and Aftermarket), and End-User Industry (Construction, Mining, Agriculture, Energy, Transportation, and Others): Opportunity Analysis and Industry Forecast, 2019-2026

CM_195331
Pages: 169
Jun 2019 | 504 Views
 
Author(s) : Priyanka Khandelwal & Rohit Sawant , Onkar Sumant
Tables: 65
Charts: 44
 

Ethiopia And Djibouti Heavy Equipment Market Outlook - 2026

The Ethiopia and Djibouti heavy equipment market size was $323.9 million in 2018, and is projected to reach $496.1 million in 2026, growing at a CAGR of 5.6%.

Heavy equipment includes earthmoving machinery, material handling machinery, roadway machinery, and others. Earthmoving equipment is used to move large amounts of earth or to dig foundations and landscape areas; material handling equipment is used to move raw, waste material from one place to another; and roadway machinery such as graders, road rollers, and pavers, are used in the proper construction of roads.

Ethiopia and Djibouti Heavy Equipment Market

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Increased focus on workplace safety, large adoption in the manufacturing sector for material handling, and increase in mining activities fuel the demand for heavy construction equipment used in material handling. In addition, major companies such as Caterpillar and others, are offering high quality and heavy-duty earth moving machinery in this market. For instance, Caterpillar through its authorized dealer Ries Engineering S. Co. (RESCO) deals in a variety of products such as excavators, backhoe loaders, and others.

High capital investment followed by sale of used and rental equipment sale in Ethiopia and Djibouti acts as a major restraint for the Ethiopia and Djibouti heavy equipment market. However, rise in air pollution and huge carbon emissions make way for energy-efficient and environmentally friendly heavy equipment, which in turn reduce environmental degradation. Further, introduction of telematics and integrated grade control systems has witnessed high demand as it aims to decrease cost and reduce risk of damage or theft of the equipment.

Companies are introducing new technology roadway machineries that are equipped with the ACERT engine technology and provide excellent fuel economy and durability, which helps to significantly reduce operating costs. Technological advancements and innovation such as IOT and others, have led to the development of more intelligent and powerful construction equipment, which acts as a major driving factor. Moreover, huge investments in the infrastructure sector drives the growth of graders and pavers. The Addis Ababa–Djibouti Railway project was constructed with a total investment of $4 billion, out of which 70% investment was provided by China Exim Bank and 30% by the Ethiopian government.

Ethiopia and Djibouti Heavy Equipment Market by Country

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The Ethiopia and Djibouti heavy equipment market is segmented based on machinery type, business type, function, end-user industry, and country. Based on machinery type, the market is divided into earth moving machinery, material handling machinery, roadway machinery, and others. The earth moving machinery segment is projected to dominate the Ethiopia and Djibouti heavy equipment market throughout the study period in terms of value. Based on business type, the market is bifurcated into original equipment and aftermarket. The original equipment segment is anticipated to dominate the Ethiopia and Djibouti heavy equipment market throughout the analysis period.

Ethiopia and Djibouti Heavy Equipment Market by End-User Industry

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Based on function, the market is divided into hauling, drilling, excavating, paving & grading, and others. In terms of value, the excavating type is estimated to account for a major Ethiopia and Djibouti heavy equipment market share throughout the study period. On the basis of end-user industry, the market is categorized into construction, mining, agriculture, energy, transportation, and others. The construction segment is expected to dominate the market during the forecast period. By country, the market is analyzed across Ethiopia and Djibouti.
The key players profiled in this report include AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore, Hitachi, Ltd., J C Bamford Excavators Ltd, Kobelco Construction Machinery Co., Ltd., Komatsu Ltd., SANY Group, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG).

TOP INVESTMENT POCKET

The following graph exhibits the growth potential of various types of machinery in the Ethiopia and Djibouti heavy equipment market. The machineries considered are earth moving machinery, material handling machinery, roadway machinery, and others. Among these, the earthmoving machinery segment is the top investment pocket. This segment accounted for a significant share in 2018, and is projected to register a substantial CAGR during the forecast period. Rise in the construction industry in the region is expected to supplement the Ethiopia and Djibouti heavy equipment market growth.

BY MACHINERY TYPE

By machinery type, the Ethiopia and Djibouti heavy equipment industry is segmented into earth moving machinery, material handling machinery, roadway machinery, and others. Among these, the earth moving machinery segment holds a dominant position in 2018, and is expected to grow at a significant growth rate during the forecast period. This is attributed to large applications of earthmoving equipment that includes repairing, constructing, elevating, mining, agriculture, and demolition among others.

Ethiopia and Djibouti Heavy Equipment Market by Machinery Type

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BY FUNCTION

By function, the market is segmented into hauling, drilling, excavating, paving and grading, and others. Among these, the excavating segment held the dominant position in 2018, and is expected to grow at a suitable growth rate during the Ethiopia and Djibouti heavy equipment market forecast period.

BY COUNTRY

The market is analyzed across Ethiopia and Djibouti. Among these, Ethiopia holds a significant share in the Ethiopia and Djibouti heavy equipment market, and is projected to grow at a substantial CAGR during the forecast period.

Key Benefits for Ethiopia And Djibouti Heavy Equipment Market:

  • The study provides an in-depth analysis of the Ethiopia and Djibouti heavy equipment market and current as well as future trends to elucidate the imminent investment pockets.
  • Information about key drivers and restraints and their impact analysis on the market size is provided.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
  • The quantitative analysis from 2014 to 2026 is provided to determine the market potential.
  • The study also provides an in-depth value chain analysis of the Ethiopia and Djibouti heavy equipment market.

Ethiopia and Djibouti Heavy Equipment Key Market Segments:

By Machinery Type

  • Earth Moving Machinery
  • Material Handling Machinery
  • Roadway Machinery
  • Others

By Function

  • Hauling
  • Drilling
  • Excavating
  • Paving and Grading
  • Others

By Business Type

  • Original equipment 
  • Aftermarket

By End-User Industry

  • Construction
  • Mining
  • Agriculture 
  • Energy
  • Transportation
  • Others

By Country

  • Ethiopia
  • Djibouti

Key Market Players Profiled In The Report:

  • AB Volvo
  • Caterpillar Inc.
  • Deere & Company
  • Doosan Infracore
  • Hitachi Ltd.
  • J. C. Bamford Excavators Ltd.
  • Kobelco Construction Machinery Co., Ltd.
  • Komatsu Ltd.
  • SANY Group
  • Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
 

CHAPTER 1:    INTRODUCTION

1.1.    REPORT DESCRIPTION
1.2.    KEY BENEFITS FOR STAKEHOLDERS
1.3.    KEY MARKET SEGMENTS
1.4.    KEY MARKET PLAYERS
1.5.    RESEARCH METHODOLOGY

1.5.1.    Secondary research
1.5.2.    Primary research
1.5.3.    Analyst tools & models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    KEY FINDINGS
2.2.    CXO PERSPECTIVE

CHAPTER 3:    MARKET OVERVIEW

3.1.    MARKET DEFINITION AND SCOPE
3.2.    KEY FINDINGS

3.2.1.    Top investment pocket
3.2.2.    Top winning strategies

3.3.    PORTER'S FIVE FORCES ANALYSIS
3.4.    MARKET SHARE ANALYSIS (2018)
3.5.    MARKET DYNAMICS

3.5.1.    Drivers

3.5.1.1.    Surge in construction & infrastructure activities
3.5.1.2.    Increasing Focus on Public–private partnerships (PPPs)
3.5.1.3.    Economic growth

3.5.2.    Restraints

3.5.2.1.    High capital investment
3.5.2.2.    Carbon Emission

3.5.3.    Opportunity

3.5.3.1.    Technological advancements

3.6.    LOCAL HEAVY EQUIPMENT DEALER ANALYSIS
3.7.    VALUE CHAIN ANALYSIS

3.7.1.    Overview
3.7.2.    Key players
3.7.3.    Regulatory restrictions

3.7.3.1.    Ethiopia
3.7.3.2.    Djibouti

3.8.    REGULATORY & TRADE ENVIRONMENT (DEALERSHIP MARKET)

3.8.1.    Ownership structure

3.8.1.1.    Ethiopia
3.8.1.2.    Djibouti

3.8.2.    Barriers to entry and risks

3.8.2.1.    Ethiopia
3.8.2.2.    Djibouti

3.8.3.    Tax incentives or Subsidies

3.8.3.1.    Ethiopia
3.8.3.2.    Djibouti

CHAPTER 4:    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY MACHINERY TYPE

4.1.    MARKET OVERVIEW

4.1.1.    Market size and forecast, by machinery type

4.2.    EARTH MOVING MACHINERY

4.2.1.    Key market trends, growth factors, and opportunities
4.2.2.    Market size and forecast

4.3.    MATERIAL HANDLING MACHINERY

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast

4.4.    ROADWAY MACHINERY

4.4.1.    Key market trends, growth factors, and opportunities
4.4.2.    Market size and forecast

4.5.    OTHERS

4.5.1.    Key market trends, growth factors, and opportunities
4.5.2.    Market size and forecast

CHAPTER 5:    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY FUNCTION

5.1.    MARKET OVERVIEW

5.1.1.    Market size and forecast, by function

5.2.    HAULING

5.2.1.    Key market trends, growth factors, and opportunities
5.2.2.    Market size and forecast

5.3.    DRILLING

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast

5.4.    EXCAVATING

5.4.1.    Key market trends, growth factors, and opportunities
5.4.2.    Market size and forecast

5.5.    PAVING AND GRADING

5.5.1.    Key market trends, growth factors, and opportunities
5.5.2.    Market size and forecast

5.6.    OTHERS

5.6.1.    Key market trends, growth factors, and opportunities
5.6.2.    Market size and forecast

CHAPTER 6:    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY BUSINESS TYPE

6.1.    MARKET OVERVIEW

6.1.1.    Market size and forecast, by business type

6.2.    ORIGINAL EQUIPMENT

6.2.1.    Key market trends, growth factors, and opportunities
6.2.2.    Market size and forecast

6.3.    AFTERMARKET

6.3.1.    Key market trends, growth factors, and opportunities
6.3.2.    Market size and forecast

CHAPTER 7:    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY END-USER INDUSTRY

7.1.    MARKET OVERVIEW

7.1.1.    Market size and forecast, by end-user industry

7.2.    CONSTRUCTION

7.2.1.    Key market trends, growth factors, and opportunities
7.2.2.    Market size and forecast

7.3.    MINING

7.3.1.    Key market trends, growth factors, and opportunities
7.3.2.    Market size and forecast,

7.4.    AGRICULTURE

7.4.1.    Key market trends, growth factors, and opportunities
7.4.2.    Market size and forecast,

7.5.    ENERGY

7.5.1.    Key market trends, growth factors, and opportunities
7.5.2.    Market size and forecast

7.6.    TRANSPORTATION

7.6.1.    Key market trends, growth factors, and opportunities
7.6.2.    Market size and forecast

7.7.    OTHERS

7.7.1.    Key market trends, growth factors, and opportunities
7.7.2.    Market size and forecast,

CHAPTER 8:    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, BY COUNTRY

8.1.    MARKET OVERVIEW
8.2.    ETHIOPIA

8.2.1.    Market size and forecast

8.3.    DJIBOUTI

8.3.1.    Market size and forecast

CHAPTER 9:    COMPANY PROFILES

9.1.    AB VOLVO

9.1.1.    Company overview
9.1.2.    Key Executives
9.1.3.    Company snapshot
9.1.4.    Operating business segments
9.1.5.    Product portfolio
9.1.6.    R&D Expenditure
9.1.7.    Business performance
9.1.8.    Key strategic moves and developments

9.2.    CATERPILLAR INC.

9.2.1.    Company overview
9.2.2.    Key Executives
9.2.3.    Company snapshot
9.2.4.    Operating business segments
9.2.5.    Product portfolio
9.2.6.    R&D Expenditure
9.2.7.    Business performance
9.2.8.    Key strategic moves and developments

9.3.    DEERE & COMPANY

9.3.1.    Company overview
9.3.2.    Key Executives
9.3.3.    Company snapshot
9.3.4.    Operating business segments
9.3.5.    Product portfolio
9.3.6.    R&D Expenditure
9.3.7.    Business performance
9.3.8.    Key strategic moves and developments

9.4.    DOOSAN INFRACORE CO. LTD.

9.4.1.    Company overview
9.4.2.    Key Executives
9.4.3.    Company snapshot
9.4.4.    Operating business segments
9.4.5.    Product portfolio
9.4.6.    R&D Expenditure
9.4.7.    Business performance
9.4.8.    Key strategic moves and developments

9.5.    HITACHI LTD.

9.5.1.    Company overview
9.5.2.    Key Executives
9.5.3.    Company snapshot
9.5.4.    Operating business segments
9.5.5.    Product portfolio
9.5.6.    R&D Expenditure
9.5.7.    Business performance
9.5.8.    Key strategic moves and developments

9.6.    J C BAMFORD EXCAVATORS LTD.

9.6.1.    Company overview
9.6.2.    Key Executives
9.6.3.    Company snapshot
9.6.4.    Products and Services
9.6.5.    Product portfolio
9.6.6.    Key strategic moves and developments

9.7.    KOBE STEEL LTD.

9.7.1.    Company overview
9.7.2.    Key Executives
9.7.3.    Company snapshot
9.7.4.    Operating business segments
9.7.5.    Product portfolio
9.7.6.    R&D Expenditure
9.7.7.    Business performance
9.7.8.    Key strategic moves and developments

9.8.    KOMATSU LTD.

9.8.1.    Company overview
9.8.2.    Key Executives
9.8.3.    Company snapshot
9.8.4.    Operating business segments
9.8.5.    Product portfolio
9.8.6.    Business performance
9.8.7.    Key strategic moves and developments

9.9.    SANY GROUP

9.9.1.    Company overview
9.9.2.    Key Executives
9.9.3.    Company snapshot
9.9.4.    Products and Services:
9.9.5.    Product portfolio
9.9.6.    Key strategic moves and developments

9.10.    XCMG GROUP

9.10.1.    Company overview
9.10.2.    Key Executives
9.10.3.    Company snapshot
9.10.4.    Products and Services:
9.10.5.    Product portfolio
9.10.6. Key Strategic Moves and Developments

LIST OF TABLES

TABLE 01.    LOCAL HEAVY EQUIPMENT DEALER ANALYSIS
TABLE 02.    KEY PLAYERS
TABLE 03.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE, BY MACHINERY TYPE, 2014-2026 ($MILLION)
TABLE 04.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR EARTH MOVING MACHINERY, 2014-2026 ($MILLION)
TABLE 05.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR MATERIAL HANDLING MACHINERY, 2014-2026 ($MILLION)
TABLE 06.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR ROADWAY MACHINERY, 2014-2026 ($MILLION)
TABLE 07.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, FOR OTHERS, 2014-2026 ($MILLION)
TABLE 08.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE, BY FUNCTION, 2014–2026 ($MILLION)
TABLE 09.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR HAULING, 2014–2026 ($MILLION)
TABLE 10.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR DRILLING, 2014–2026 ($MILLION)
TABLE 11.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR EXCAVATING, 2014–2026 ($MILLION)
TABLE 12.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR PAVING AND GRADING, 2014–2026 ($MILLION)
TABLE 13.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR OTHERS, 2014–2026 ($MILLION)
TABLE 14.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE, BY BUSINESS TYPE, 2014–2026 ($MILLION)
TABLE 15.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR ORIGINAL EQUIPMENT, 2014–2026 ($MILLION)
TABLE 16.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR AFTERMARKET, 2014–2026 ($MILLION)
TABLE 17.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE, BY END-USER INDUSTRY, 2014–2026 ($MILLION)
TABLE 18.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR CONSTRUCTION, 2014–2026 ($MILLION)
TABLE 19.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR MINING, 2014–2026 ($MILLION)
TABLE 20.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR AGRICULTURE, 2014–2026 ($MILLION)
TABLE 21.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR ENERGY, 2014–2026 ($MILLION)
TABLE 22.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR TRANSPORTATION, 2014–2026 ($MILLION)
TABLE 23.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET FOR OTHERS, 2014–2026 ($MILLION)
TABLE 24.    ETHIOPIA HEAVY EQUIPMENT MARKET, 2014–2026 ($MILLION)
TABLE 25.    DJIBOUTI HEAVY EQUIPMENT MARKET, 2014–2026 ($MILLION)
TABLE 26.    KEY EXECUTIVES
TABLE 27.    AB VOLVO: COMPANY SNAPSHOT
TABLE 28.    AB VOLVO: OPERATING SEGMENTS
TABLE 29.    AB VOLVO: PRODUCT PORTFOLIO
TABLE 30.    KEY EXECUTIVES
TABLE 31.    COMPANY SNAPSHOT
TABLE 32.    CATERPILLAR: OPERATING SEGMENTS
TABLE 33.    CATERPILLAR: PRODUCT PORTFOLIO
TABLE 34.    KEY EXECUTIVES
TABLE 35.    DEERE & COMPANY: COMPANY SNAPSHOT
TABLE 36.    DEERE & COMPANY: OPERATING SEGMENTS
TABLE 37.    DEERE & COMPANY: PRODUCT PORTFOLIO
TABLE 38.    KEY EXECUTIVES
TABLE 39.    DOOSAN INFRACORE CO. LTD.: COMPANY SNAPSHOT
TABLE 40.    DOOSAN INFRACORE CO. LTD.: OPERATING SEGMENTS
TABLE 41.    DOOSAN INFRACORE CO. LTD.: PRODUCT PORTFOLIO
TABLE 42.    KEY EXECUTIVES
TABLE 43.    HITACHI LTD.: COMPANY SNAPSHOT
TABLE 44.    HITACHI LTD.: OPERATING SEGMENTS
TABLE 45.    HITACHI LTD.: PRODUCT PORTFOLIO
TABLE 46.    KEY EXECUTIVES
TABLE 47.    JCB: COMPANY SNAPSHOT
TABLE 48.    JCB: PRODUCTS AND SERVICES
TABLE 49.    JCB: PRODUCT PORTFOLIO
TABLE 50.    KEY EXECUTIVES
TABLE 51.    KOBE STEEL LTD.: COMPANY SNAPSHOT
TABLE 52.    KOBE STEEL LTD.: OPERATING SEGMENTS
TABLE 53.    KOBE STEEL LTD.: PRODUCT PORTFOLIO
TABLE 54.    KEY EXECUTIVES
TABLE 55.    KOMATSU LTD.: COMPANY SNAPSHOT
TABLE 56.    KOMATSU LTD.: OPERATING SEGMENTS
TABLE 57.    KOMATSU LTD.: PRODUCT PORTFOLIO
TABLE 58.    KEY EXECUTIVES
TABLE 59.    SANY GROUP: COMPANY SNAPSHOT
TABLE 60.    SANY GROUP: PRODUCTS AND SERVICES
TABLE 61.    SANY GROUP: PRODUCT PORTFOLIO
TABLE 62.    KEY EXECUTIVES
TABLE 63.    XCMG: COMPANY SNAPSHOT
TABLE 64.    XCMG: PRODUCTS AND SERVICES
TABLE 65.    XCMG: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, 2018-2026
FIGURE 02.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET, KEY PLAYERS
FIGURE 03.    TOP INVESTMENT POCKET
FIGURE 04.    TOP WINNING STRATEGIES, BY YEAR, 2016-2019*
FIGURE 05.    TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016-2019*
FIGURE 06.    TOP WINNING STRATEGIES, BY COMPANY, 2016-2019*
FIGURE 07.    LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08.    MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 09.    MODERATE THREAT OF SUBSTITUTES
FIGURE 10.    LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.    MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 12.    MARKET SHARE ANALYSIS, 2018 (%)
FIGURE 13.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET: DRIVERS AND RESTRAINTS
FIGURE 14.    VALUE CHAIN ANALYSIS
FIGURE 15.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE SHARE, BY MACHINERY TYPE, 2014-2026 (%)
FIGURE 16.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE SHARE, BY FUNCTION, 2014–2026 (%)
FIGURE 17.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE SHARE, BY BUSINESS TYPE, 2014–2026 (%)
FIGURE 18.    ETHIOPIA AND DJIBOUTI HEAVY EQUIPMENT MARKET REVENUE SHARE, BY END-USER INDUSTRY, 2014–2026 (%)
FIGURE 19.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 20.    AB VOLVO: REVENUE, 2016–2018 ($MILLION)
FIGURE 21.    AB VOLVO: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 22.    AB VOLVO: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 23.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 24.    CATERPILLAR: REVENUE, 2016–2018 ($MILLION)
FIGURE 25.    CATERPILLAR: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 26.    CATERPILLAR: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 27.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 28.    DEERE & COMPANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 29.    DEERE & COMPANY: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 30.    DEERE & COMPANY: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 31.    R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 32.    DOOSAN INFRACORE CO. LTD.: NET SALES, 2016–2018 ($MILLION)
FIGURE 33.    DOOSAN INFRACORE CO. LTD.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 34.    DOOSAN INFRACORE CO. LTD.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 35.    R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 36.    HITACHI LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 37.    HITACHI LTD.: REVENUE SHARE BY SEGMENT, 2019(%)
FIGURE 38.    HITACHI LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 39.    R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 40.    KOBE STEEL LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 41.    KOBE STEEL LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 42.    KOMATSU LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 43.    KOMATSU LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 44.    KOMATSU LTD.: REVENUE SHARE BY REGION, 2019 (%)

 
 

The demand for heavy equipment has increased due to rise in construction as well as mining activities in the region. Leading companies, such as Caterpillar, Case IH, Kobelco, and others, have witnessed significant growth and expansion of their overall consumer base, as they have offered numerous types of heavy equipment in different sizes, capacities, and functions in the past few years. Moreover, innovative marketing and positioning strategies have influenced the expansion of the Ethiopia and Djibouti heavy equipment market size.

There are various types of heavy equipment available in the Ethiopia and Djibouti heavy equipment market. Thus, it is imperative to select the right type of heavy machinery. While selecting heavy equipment, industries need to focus on parameters that include the complication of the project, quality, time, material, cost, and safety. In addition, factors such as growth in demand from the construction industry and increased investments in the real estate sector, are expected to drive the Ethiopia and Djibouti heavy equipment market in the coming years. Further, the major market players are focusing on growth and introduction of high-quality machines to meet the consumer needs and preferences and thereby, boost their businesses in the Ethiopia and Djibouti heavy equipment market. However, high capital investment hampers the growth of this market. The construction industry segment accounted for the largest share in the heavy equipment market. Rise in focus on energy efficiency as well as energy savings and the demographic shift toward urbanization, increase the utilization of heavy equipment systems.

The demand for heavy equipment has increased due to rise in construction as well as mining activities in the region. Leading companies, such as Caterpillar, Case IH, Kobelco, and others, have witnessed significant growth and expansion of their overall consumer base, as they have offered numerous types of heavy equipment in different sizes, capacities, and functions in the past few years. Moreover, innovative marketing and positioning strategies have influenced the expansion of the Ethiopia and Djibouti heavy equipment market size.

There are various types of heavy equipment available in the Ethiopia and Djibouti heavy equipment market. Thus, it is imperative to select the right type of heavy machinery. While selecting heavy equipment, industries need to focus on parameters that include the complication of the project, quality, time, material, cost, and safety. In addition, factors such as growth in demand from the construction industry and increased investments in the real estate sector, are expected to drive the Ethiopia and Djibouti heavy equipment market in the coming years. Further, the major market players are focusing on growth and introduction of high-quality machines to meet the consumer needs and preferences and thereby, boost their businesses in the Ethiopia and Djibouti heavy equipment market. However, high capital investment hampers the growth of this market. The construction industry segment accounted for the largest share in the heavy equipment market. Rise in focus on energy efficiency as well as energy savings and the demographic shift toward urbanization, increase the utilization of heavy equipment systems.

 

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