The Sales of Construction Equipment Market in Argentina to Reach 28,402 Units, Sales Driven by Rise in Investments in Public Infrastructure Projects Under the National Public Infrastructure Plan – Arizton

According to Arizton’s latest research report, the Argentina construction equipment market will grow at a CAGR of 4.83% during 2022-2029. 

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Forklift & Telescopic Handlers in Argentina will grow at a CAGR of 4.77%. 

Forklifts are more compact and are used for material handling where there are confined spaces, such as small warehouses and distribution centers. In 2022, The logistics industry witnessed growth due to the adaptation of automation technologies in the sector.   

In 2022, the post-pandemic the changes in buying habits of customers support the growth of the e-commerce industry in Argentina. The use of digital transformation and better transit facilities supports e-commerce industries. The growth in the logistics and e-commerce industries is expected to have a positive impact on the demand for forklifts and telescopic handlers in Argentina. 

Investments Under National Public Infrastructure Plan 

• There is a surge in infrastructure investments in 2023. The government allocated a $2.8 billion fund for transport and water management projects in their national budget for 2023. The National Highways budget rose by 21% to $820 million in 2022.  
• About $220 million was allocated for road construction projects in 2022. In addition, $200 million in funds were directed to the rehabilitation & maintenance of roadways & highways. In 2022, the government planned to invest $533 million in 7 infrastructure projects across the country. 
• The investment was directed toward the construction of highways, railway tunnels, hospitals & modernization of highways in Buenos Aires. In addition, the construction of a new highway was planned to connect two municipalities in the Salta & Chaco provinces. 
• In 2023 budget, the government of Argentina focused on rehabilitating 2,292 kilometers of roads and constructing 261 kilometers of highways. Some major highway projects are Lujan- Junin highways ($27 million), San Francisco-Cordoba highways ($26 million), Salta-San Pedro highways ($30 million), and Porterville-Uspallata (18 million) highway projects are planned in 2023. 
• The government is also investing in several water management projects across the country in 2023. Some major water projects are Alderetes & Sali river basin rain drainage, Alderetes wastewater treatment plant, Vipos-Tucuman aqueduct are under progress. 
• Several railway line modernization, reconstruction & maintenance of road projects are also planned by the Argentina government in 2023. Therefore, a rise in investments in public infrastructure projects under the National Public Infrastructure Plan is expected to drive sales of construction equipment in Argentina during the forecast period. 

Vendors 

Prominent Vendors 

• Caterpillar 
• Komatsu 
• Volvo Construction Equipment 
• John Deere 
• LiuGong 
• SANY 
• JCB 
• Xuzhou Construction Machinery Group Co. Ltd. (XCMG) 
• Kobelco 
• Zoomlion Heavy Industry Science & Technology Co. Ltd 
• Hyundai Construction Equipment 

Other Prominent Vendors 

• Liebherr 
• CNH Industrial 
• Toyota Material Handling 
• BOMAG 
• Bobcat 
• Wacker Neuson 
• Tadano 
• SAKAI 
• Shantui Construction Machinery 
• Terex Corporation 

Distributor Profiles 

• Gruas San Blas 
• Tecmaco Integral SA 
• BRAMAQ 
• Centro Viral 
• COWDIN 
• REPAS SA 
• ZMG Argentina 
• IGARRETA MAQUINAS 

Market Segmentation  

Type 

• Earthmoving Equipment 
• Excavator 
• Backhoe Loaders 
• Wheeled Loaders 
• Other Earthmoving Equipment (Other loaders, Bulldozers, Trenchers) 
• Road Construction Equipment 
• Road Rollers 
• Asphalt Pavers 
• Material Handling Equipment 
• Crane 
• Forklift & Telescopic Handlers 
• Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, Scissor lifts) 
• Other Construction Equipment 
• Dumper 
• Tipper 
• Concrete Mixture 
• Concrete Pump Truck 
• End Users 
• Construction 
• Mining 
• Manufacturing 
• Others (Power Generation, Utilities Municipal Corporations, Oil & Gas, Cargo Handling, Power Generation Plants, Waste Management) 

Key Questions Answered in the Report: 

• How big is the Argentina construction equipment market? 
• What is the growth rate of the Argentina construction equipment market? 
• Who are the key players in the Argentina construction equipment market? 
• What are the trends in the Argentina construction equipment market? 
• Which are the major distributor companies in the Argentina construction equipment market? 

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