Africa Construction Equipment Market (2020-2026) | Size, Share, Trends, Growth, Revenue, Forecast, Analysis, industry, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Africa Construction Equipment Market

Africa Construction Equipment Market is growing enormously with the growth in Infrastructure development. The construction equipment market is growing rapidly due to the increased investment in infrastructure development which has further created opportunities for construction equipment manufacturers to expand their operations. The compact equipment segment of the Africa Construction Equipment Industry has seen significant growth in recent years due to the increasing demand for compact equipment in developing countries.

The construction equipment market is also witnessing a growing demand for smart technology, including predictive maintenance, telematics, and machine control systems. These technologies are helping to increase the efficiency and productivity of construction operations in the region. Moreover, the increasing focus on safety and environmental standards help to improve the quality and safety of construction projects in the region. Further, the expansion into rural areas is another major development for the market. In order to tap into new market opportunities, many African construction equipment manufacturers are expanding into rural areas, where the demand for construction equipment is growing.

Africa Construction Equipment Market Synopsis

Africa Construction Equipment Market is projected to grow over the coming years. Africa Construction Equipment Market is a part of our various regional publications globally.6W tracks Construction Equipment Market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Construction Equipment Market outlook report annually.

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The growing construction sector across several African countries has increased the demand for construction machinery and equipment. Additionally, the rising demand for used construction machinery in real estate and construction activities in African countries has created a significant rise in the demand for concrete mixers, bar-bending, and cutting machines, excavators, backhoes, and earth rammers in Africa. Moreover, developing economies across many African countries have increased the need for improving infrastructure in the region. The government, development authorities, and several companies are investing in infrastructural development projects as well as irrigation and mining projects in the region. These factors will spur the growth of the Africa construction equipment market over the coming years.

According to 6Wresearch, the Africa Construction Equipment Market size is expected to grow during 2020-26. This growth is primarily driven by the increasing demand for new and old construction machinery in Africa. A lot of players are exporting equipment and components in Africa. For instance, in March 2020, The UAE-based Arab Emirates Equipment Trading Company stated that the company’s sales of excavators and backhoes had increased substantially in the African region. Additionally, the market for excavators, loaders, bulldozers, dump trucks, and cranes is expected to witness sound growth in Africa over the coming years as a result of increased investment by the government and rising construction activities.

In terms of equipment type, earthmoving equipment dominates the overall Africa construction equipment market. Additionally, other equipment types such as cranes, material handling, and road construction equipment are considered some of the key growing construction equipment types in the region. Some of the key players in the Africa construction equipment market are Caterpillar Inc, Komatsu Ltd, Hitachi Construction Machinery Co, Ltd, and Liebherr.

The Africa construction equipment market report thoroughly covers the market by types, applications, and countries including  South Africa, Egypt, Kenya, Ethiopia, Nigeria, Algeria, Morocco, Tanzania, Ghana, and the Rest of Africa. The Arica construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Africa construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.

A significant rise in the construction industry is expected to be a growth contributing factor for the construction equipment market in Africa in the coming years. An increase in the infrastructural development projects along with a rise in the redevelopment projects is expected to contribute towards the significant adoption of construction equipment in the country in the coming time zone. The ongoing construction of the Bank of Africa Tower is expected to be a growth contributing factor for the Africa construction equipment market and is expected to offer bountiful opportunities to the potential industrialists and to be investors of the market to seek fortunate business growth in the coming timeframe. 

Africa construction equipment market is projected to witness progressive growth in the upcoming six years on the rising focus on developing the inadequate physical infrastructure which would be a major contribution towards economic growth. Therefore, increased construction activities in several industry areas like the development of power utility grids, wide road networks, and increased setup of telecommunication towers across the region by using construction equipment like off-highway trucks is estimated to spur the significant demand for the product and would pose a boost in the market growth in the forthcoming years. Moreover rising and is estimated to spur the growth of the Africa construction equipment market in the coming timeframe.

Africa construction equipment market is estimated to find its potential for new growth avenues in the market owing to the increase in the expansion of construction projects across the region. Further, the technology city in Kenya has led to increasing the development of the service sector, which is expected to proliferate the use of construction equipment in the country. Another ongoing project is the Standard Gauge Railway is expected to strengthen the transportation sector and concurrently burgeoning demand for construction equipment and is expected to benefit from the impressive growth of the Africa construction equipment market in the upcoming six years.

COVID-19 influence on Africa Construction Equipment Market

The COVID-19 pandemic has led to a slowdown in construction projects in Africa which affected the demand for construction equipment in the region. Also, the pandemic has also disrupted supply chains and decreased investment in infrastructure development which directly affected the growth of the Africa Construction Equipment Industry. However, the construction equipment market is expected to recover and grow in the coming years as the construction industry continues to develop.

Key Highlights of the Report:

• Africa Construction Equipment Market Overview
• Africa Construction Equipment Market Outlook
• Africa Construction Equipment Market Forecast
• Historical Data of Africa Construction Equipment Market Revenues and Volumes for the Period 2016-2019.
• Market Size & Forecast of Africa Construction Equipment Market Revenues and Volumes, Until 2026.
• Historical Data of Africa Construction Equipment Market Revenues and Volumes, by Types, for the Period 2016-2019.
• Market Size & Forecast of Africa Construction Equipment Market Revenues and Volumes, by Types, Until 2026.
• Historical Data of Africa Construction Equipment Market Revenues and Volumes, by Applications, for the Period 2016-2019
• Market Size & Forecast of Africa Construction Equipment Market Revenues and Volumes, by Applications, Until 2026
• Historical Data of South Africa Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of South Africa Construction Equipment Market Revenues and Volumes, Until 2026.
• Historical Data of Egypt Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Egypt Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Kenya Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Kenya Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Ethiopia Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Ethiopia Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Nigeria Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Nigeria Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Algeria Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Algeria Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Morocco Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Morocco Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Tanzania Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Tanzania Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Ghana Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Ghana Construction Equipment Market Revenues and Volume Share, Until 2026.
• Historical Data of Rest of Africa Construction Equipment Market Revenues and Volumes, for the Period 2016-2019.
• Market Size & Forecast of Rest of Africa Construction Equipment Market Revenues and Volume Share, Until 2026.
• Market Drivers and Restraints
• Africa Construction Equipment Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Africa Construction Equipment Market Share, By Countries
• Africa Construction Equipment Market Share, By Companies
• Africa Construction Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

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

• By Types:

  • Mobile Cranes
  • Construction Tractor and Bulldozer
  • Earthmoving Equipment
    • Loaders
    • Excavators
    • Motor Grader
  • Aerial Work Equipment
    • Articulated Boom Lifts
    • Telescopic Boom Lifts
    • Scissor Lifts
  • Material Handling Equipment
    • Telescopic Handlers
    • Forklifts
  • Dump Trucks
  • Road Construction Equipment
    • Pavers
    • Road Rollers

By Applications:

• Corporate Enterprise
• Oil and Gas
• Mining
• Others (Municipality, Road Construction)

By Key Countries:

• South Africa
• Egypt
• Kenya
• Ethiopia
• Nigeria
• Algeria
• Morocco
• Tanzania
• Ghana
• Rest of Africa