Market Share of Used Construction Equipment Industry
The Used Construction Equipment Market is fragmented, with existing players such as Caterpillar, Kobelco Construction Machinery, Deere & Company, Komatsu Ltd, Volvo Group, Doosan Infracore, and XCMG. Many regional and domestic players have a presence in the market, owing to which the market is anticipated to remain fragmented during the forecast period.
- May 2022: In a market where the supply of construction machines is rapidly outpacing demand, Bobcat has launched 'Bobcat Certified,' the company's new Certified Pre-Owned Program, offering customers a dependable route to procure a quality used machine. The new scheme was first introduced in the United Kingdom and Ireland, as well as France and Germany, with Bobcat Certified machines available from Bobcat Authorised Dealers in these countries.
Used Construction Equipment Market Leaders
Komatsu Limited
Kobelco Construction Machinery Co. Ltd.
John Deere & Co.
Volvo CE
Caterpillar Inc.
*Disclaimer: Major Players sorted in no particular order
