KENYA CONSTRUCTION EQUIPMENT MARKET

INTRODUCTION

 The government's implementation of four major development plans to promote the development of manufacturing, food production, and affordable housing, as well as the continued stability of the macroeconomic environment, are the primary growth factors.

Kenya's economy is now one of the fastest growing in Africa.The Global Infrastructure Outlook Report, which was released by the G20, says that Kenya will need a lot more money than it currently invests in infrastructure construction to meet the UN Sustainable Development Goals.

Energy, infrastructure, information technology, and education have all seen significant progress in recent years, and Kenya's average growth rate has surpassed that of the global average.

KENYA CONSTRUCTION EQUIPMENT MARKET SIZE AND FORECAST

The Kenya Construction Equipment Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

MARKET DYNAMICS

 The State's ambitious plan to construct a road network to open up remote areas in Kenya is expected to boost demand for road construction equipment over the next few years.

The Kenya Rural Roads Authority (Kerra), which oversees the construction of rural roads, anticipates that earthmovers, rollers, and excavators will be required for the project, expanding the market for equipment dealers.

The Treasury acts as a guarantor for contractors who borrow money from local commercial banks to carry out projects under the government's new financing model known as annuity concessions.

Before the road is given to the State under the new model, a contractor will design, construct, and maintain it for years.

This is done with the intention of making local contractors more effective and ensuring that funds will be available to avoid time and cost overruns.

The annuity model will see the government transfer construction, operation, and maintenance risks to the private sector, accelerating the pace of infrastructure development in the nation.

COMPANY PROFILE

• • Yuyao Zhiheng Automation Equipment Co., Ltd.

  • Yiwu Linkage Machinery Stock Co., Ltd.

  • Jiangmen Zhenli Machinery Co., Ltd.

  • Kinetek Desheng Motor Co., Ltd.

  • Shunde, Foshan Motor Co., Ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perKenya Construction Equipment Marketright now and how will it change in the next 5-6 years?
2. Average cost to set up aConstruction Equipment Market inKenya?
3. How manyKenya Construction Equipment Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aKenya Construction Equipment Market and key vendor selection criteria
6. Where is theKenya Construction Equipment Marketmanufactured? What is the average margin per equipment?
7. Market share ofKenya Construction Equipment Market manufacturers and their upcoming products
8. The most important plannedKenya Construction Equipment Market in next 2 years
9. Details on network of majorKenya Construction Equipment Market and pricing plans
10. Cost advantage for OEMs who manufactureKenya Construction Equipment Market in-house
11. 5 key predictions for next 5 years inTitle Name
12. Average B-2-BKenya Construction Equipment Market price in all segments
13. Latest trends inTitle Name, by every market segment
14. The market size (both volume and value) ofKenya Construction Equipment Market in 2022-2030 and every year in between?
15. Global production breakup ofTitle Name, by suppliers and their OEM relationship