Uganda Used Construction Equipment Market (2021-27)

 

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, Uganda Used Construction Equipment Market size is projected to grow at CAGR of 3.4% during 2021-27. The construction sector in Uganda has been reinforced by collaborations between various players and regulatory bodies within the industry. The average input costs for the whole construction sector diminished by 2.85% for the year ending August 2020 compared to the 3.12% decrease recorded for July 2020 on account of COVID-19 restrictions and lockdowns. Uganda's infrastructure needs remain substantial, indicating growing demand for used construction equipment in the years to come.

Uganda is facing an eight-million-unit housing shortage, according to the Uganda National Planning Authority.  With an estimated 300,000 housing units needed per year, demand for commercial and residential used construction equipment is required in the country.

For Latest Press Release : https://www.6wresearch.com/press-release/uganda-used-construction-equipment-market-revenue-is-projected-to-grow-at-a-cagr-of-34-during-2021-2027

Market Analysis by Equipment Type

In the year 2020, earth moving equipment dominates the market revenue share due to their wide use in mining, quarrying, and demolition operations, requiring equipment like excavators, loaders, and motor graders. Also, the same trend is expected to continue during the forecast period due to the greater demand for technologically efficient and upgraded equipment required to improve the construction project's efficiency.

Key Highlights of the Report

  • Uganda Used Construction Equipment Market Overview
  • Uganda Used Construction Equipment Market Trends
  • Uganda Used Construction Equipment Market Outlook
  • Uganda Used Construction Equipment Market Forecast
  • Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Uganda Used Construction Equipment Market Shares
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations
  • Historical Data & Forecast of Uganda Used Construction Equipment Market Revenues and Volume For The Period 2017-2027F
  • Historical Data & Forecast of Revenues and Volume, By Equipment, For the Period 2020-2027F

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