Market Forecast By Equipment Type (Cranes, Tractors & Bulldozers, Earth Moving Equipment (Loaders, Excavators, Motor Grader), Material Handling Equipment, Dump Trucks, Aerial Work Platform, Road Construction Work Platform) And Competitive Landscape
According to 6Wresearch, Kenya Used Construction Equipment Market size is projected to grow at CAGR of 5.4% during 2021-27. The Used Construction Equipment Market is expected to show growth due to the growing demand for affordable construction instrumentation, and used construction equipment are considerably low prices compared to new instrumentation. Construction contractors are shifting toward the acquisition of used instrumentation for specific jobs like earthmoving, piling, and compacting. The amplifying market trend of buying used construction instrumentation to finish explicit tasks in giant public sector construction is anticipated to drive the market statistics through 2027.
The construction industry is booming in Kenya, owing to the increasing demand for new infrastructures and housing that would increase the supply of construction machines in the market. Some heavy construction equipment includes wheel loaders, cranes, forklifts, graders, excavators, and dump trucks.
Market Analysis by Equipment Type
The earthmoving instrumentation market accounted for the majority share in 2020 and is projected to witness high growth throughout 2021 to 2027 because of the upcoming public infrastructure projects in the countries.
Key Highlights of the Report
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