QYResearch: The global Building and Construction Light Equipment market is expected to reach 992.53 million USD by the end of 2022

Building and Construction Light Equipment market is covered Masonry Saw Cutting Equipment, Floor Saw Cutting Equipment and Tile Cutting Equipment.

According to QYResearch, The global revenue of building and construction light equipment market was valued at 799.04 M USD in 2016 and is expected to reach USD 992.53 M USD in 2022. In the future five years, we predict the CAGR of global revenue is 3.68%.

Europe has the largest global export quantity and manufacturers in building and construction light equipment market, while the North America is the second sales volume market for building and construction light equipment in 2016.

In the industry, Bosch profits most in 2016 and recent years, while Husqvarna and Makita ranked 2 and 3.The market share of them is 15.90%, 13.59% and 12.52% in 2016.The gap of market share is keep on enlarged due to different strategy.

Nowadays, Masonry Saw Cutting Equipment is the main type for building and construction light equipment, and the Masonry Saw Cutting Equipment reached a sales revenue of approximately 649.46 M USD in 2016, with 81.28% of global sales revenue.

Building and construction light equipment technology is very mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

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