United States (US) Material Handling Construction Equipment Market Overview, 2029

A significant share of the industrial and construction sectors in the United States is accounted for by the market for construction equipment. A large variety of machinery for constructing, developing infrastructure, and other construction-related tasks is available in this market. In the United States, advanced construction equipment was first used in the early 1900s. Major advancements in this field happened during World War II as a result of the need for infrastructure, which sped up industrial expansion. Precision and efficiency were increased as computerized and automated technology hit the market in the 1980s. Increased attention to environmental rules and sustainability in the 2000s resulted in the creation of environmentally friendly machinery Technological developments like IoT, telematics, and AI integration have propelled the industry in recent years, enabling improved fleet management and predictive maintenance. Increased market growth has been fueled by the demand for smart cities and significant government investment in infrastructure projects. In order to address the changing demands of the construction sector, businesses are increasingly concentrating on innovation with a focus on environmental effect, productivity, and safety. According to the research report "USA Material Handling Construction Equipment Market Overview, 2029," published by Bonafide Research, the USA Material Handling Construction Equipment market was valued at more than USD 5.13 Billion in 2023. The construction equipment market in the United States is expected to increase significantly due to a number of important factors. The country's extensive efforts to expand the infrastructure, which include spending on public utilities, transportation networks, and road building, are one of the main factors. Infrastructure networks are being modernised and expanded via the support of both public and private sector funding. The expected rise in both residential and commercial building activity will create a wealth of future potential in the USA construction equipment market. The need for new residential, commercial, and industrial buildings is being driven by urbanisation trends and population increase. This is driving the demand for sophisticated construction technology and equipment. These chances are further enhanced by the United States' growing population. The need for housing, healthcare facilities, educational institutions, entertainment venues, and infrastructure all rises with population growth and calls for substantial building and expansion.

Material handling equipment is an essential component of many construction projects in the United States, according to the market for construction equipment. Below is a summary of the main categories: On building sites, dump trucks, tippers and dumpers are necessary for moving loose materials like gravel, sand and demolition waste. Rigid dump trucks offer greater stability and load capacities on smoother roads, whereas articulated dump trucks are more manoeuvrable in rugged terrain. They are frequently employed in construction and earthmoving operations to effectively move materials from excavation sites to disposal locations. On construction sites, cranes are essential for lifting and moving large objects like machinery and supplies. Tower cranes, which have great lifting capacity and reach, are frequently used in the construction of towering buildings. When necessary, mobile cranes may be moved about a building site to accommodate various needs. They are versatile and mobile equipment. With telescoping booms that may extend and retract to reach a variety of heights and distances, masteted machines are versatile devices that combine the functions of cranes and forklifts. They are employed in palletized products handling, truck loading, and material lifting and placement. Material handling in warehouses, distribution centres and building sites need forklifts. They are employed for short-distance lifting and moving of large pallets, machinery, and supplies. There are many different kinds of forklifts, such as diesel or electric counterbalance forklifts and rough terrain forklifts with pneumatic tyres for usage on uneven outdoor areas. There's a growing adoption of automation and robotics in material handling, aimed at improving efficiency, reducing labor costs, and enhancing safety. Automated guided vehicles (AGVs) and robotic arms are increasingly used in warehouses and distribution centers to streamline processes like picking, packing, and sorting. The notable shift towards sustainable practices in MHE, driven by environmental regulations and corporate sustainability goals. This includes the use of electric and hybrid MHE to reduce carbon emissions, as well as the implementation of energy-efficient technologies in warehouses and logistics operations. Improved safety features and technologies are becoming standard in MHE, such as collision detection systems, proximity sensors, and ergonomic designs to minimize workplace injuries and enhance worker safety. In the USA, regulatory developments such as OSHA (Occupational Safety and Health Administration) standards and guidelines influence the design and operation of MHE to ensure compliance with safety regulations. Additionally, incentives and policies promoting the adoption of sustainable MHE technologies play a role in shaping industry practices. Considered In the Report • Base year: 2023 • Historical year: 2018 • Estimated year: 2024 • Forecasted year: 2029

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Aspects Covered In the Report • Market Size By Value for the historic time period (2016-2021) • Market Size By Value for the forecast time period (2021-2027) • Market Share by Application (2016, 2021 & 2027F) • Market Share by Equipments (2016, 2021 & 2027F) • Market Share by Region (2016, 2021 & 2027F) • Market Share by Country (2016, 2021 & 2027F) • Market Share by Company (2021) Segments covered in the Report By Application • Earth Moving Machinery • Material Handling Machinery • Concrete and road construction Machinery • Other Machinery By Material Handling Machinery • Dumper /Dump Truck/ Tippers • Cranes (Tower Crane, Mobile Crane) • Telescopic Handlers • Forklift

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The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the construction machinery and excavator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.