Visão geral do mercado

The Turkey construction equipment market had a valuation of USD 2 bilhão em 2021 and is anticipated to reach USD 3.17 bilhão por 2028, with a compounded annual growth rate (CAGR) de 6.86%. This growth is primarily attributed to government investments in transportation infrastructure, healthcare projects, and manufacturing.

Despite the adverse impact of the COVID-19 pandemic on Turkey’s economy, which resulted in a contraction of around 5.4% in GDP in 2020, the construction sector experienced a growth of 17.3% comparado com 2019, according to the Turkish Statistical Institute.

According to the Turkish Statistical Institute, after a significant rebound from the effects of COVID-19 in 2021, GDP growth is expected to gradually ease in 2022 e 2023, with projected growth rates of 3.3% e 3.9%, respectively. Turkey’s macroeconomic growth remains robust, with per capita income on the rise. This presents ample opportunities for agricultural machinery, construction and mining machinery, energy equipment, food processing and packaging machinery, HVAC, lifting and handling equipment, metalworking and machine tooling, pumps and compressors, and textile machinery, given Turkey’s strong industrial base and global demand.

The Turkish government is investing USD 325 billion in infrastructure projects, particularly in transportation infrastructure. This will drive the demand for earthmoving and road construction equipment. Transportation projects include an investment of USD 80 billion in road construction, USD 30 billion in the high-speed rail network, USD 30 billion in ports, and USD 30 billion in airport infrastructure.

These transport infrastructure projects encompass access rail links such as Ankara-Istanbul High-Speed Line (USD 3 bilhão), Ankara-Sivas-Erzincan High-Speed Line (USD 1.2 bilhão), Istanbul Big Tunnel (USD 3.5 bilhão), Third Istanbul Airport (USD 6.9 bilhão), entre outros, all of which are expected to be completed by 2023. The Ministry of Transport, Maritime, and Communications in Turkey has projected that meeting the 2023 targets will require an expenditure exceeding USD 30 billion for port development.

Em 2021, the Ministry of Health in Turkey received a budget allocation of USD 7.8 bilhão, with USD 3.7 billion specifically allocated to treatment services and USD 1.3 billion for preventative health services. This increased budgetary allocation in the healthcare sector will support the development of healthcare systems in the country, leading to the establishment of more hospitals. Thirty hospitals are currently in the pipeline, contributing approximately 40,500 beds. Examples of these hospitals include Istanbul Sancaktepe City Hospital (4,200 beds), Ankara Bilkent City Hospital (3,711 beds), Ankara Etlik City Hospital (3,624 beds), e outros.

According to the Turkish Construction Equipment Distributors’ and Manufacturers’ Association, there is anticipated high demand for modular constructed buildings due to environmental laws aimed at addressing pollution concerns.

Despite the higher cost of prefabricated buildings, their demand in Turkey remains unaffected. As per estimates from Turkey’s Eleventh Development Plan, it is projected that most newly constructed buildings in the country will be prefabricated by 2030, given the significant adoption of prefab construction techniques by Turkey’s infrastructure developers.

Inflation in Turkey was amplified in 2021 by a substantial decline in the value of the Turkish lira, which experienced over 40% depreciation against the United States dollar. This depreciation caused disruptions in the supply chain and shortages of raw materials. According to the Turkish Statistical Institute, the inflation rate in Turkey was approximately 50% in February 2022. This rise in inflation is expected to result in reduced imports of construction equipment, potentially halting construction projects and adversely affecting the overall demand for construction equipment in Turkey.

Em 2021, Turkey imported USD 27.6 billion and USD 5.2 billion worth of iron and steel from Russia and Ukraine, respectively. While Turkey is among the largest exporters of iron and steel, the disruption in the supply chain due to ongoing conflicts may adversely impact construction equipment production in Turkey. The reduced domestic production of construction equipment, coupled with the high inflation rate, could further impact Turkey’s demand for such equipment.

The increasing wave of waste poses a political challenge for the Turkish government, as the country has become Europe’s dumping ground. European countries claim to recycle plastic waste, including that from the UK, yet it is being dumped and incinerated overseas, leading to health emergencies, ecological harm, and ocean pollution.

To address this issue, the Turkish government has implemented measures aimed at reducing waste in landfills and seas. Several waste management programs have been initiated to decrease solid waste generation and promote recycling initiatives. Em 2021, Adana (a city in Turkey) implemented an integrated solid waste management system through Invest Trading & Consulting AG (ITC). This project encompasses the rehabilitation of existing dumpsites, construction and operation of a sorting plant, anaerobic digesters, and the installation and operation of a landfill gas utilization plant.

Em 2021, the material handling segment dominated the Turkish construction industry, followed by earthmoving and road construction equipment. Forklifts were the largest segment within this category. No entanto, excavators experienced the fastest growth in major construction equipment in 2021. The demand for excavators is expected to rise due to various government investments in infrastructure development and the renewable energy sector. The construction industry is projected to generate the highest demand among end-users, primarily driven by the Turkey Eleventh Development Plan 2019-2023 program, which is expected to dominate the construction equipment market throughout the forecast period.

The construction equipment market in Turkey is progressing towards becoming a more innovative industry at a faster pace compared to other emerging countries worldwide. This is evident in the adoption of intelligent systems driven by the Internet of Things (IoT) and data analysis, with a focus on service, networking, and sustainability.

Construction equipment rental companies hold a significant market share in Turkey due to the substantial number of small and medium-sized enterprises (SMEs) in the country’s construction industry. As a result, rental companies are expected to have higher demand compared to non-rental companies.

Segmentação de mercado

O mercado é segmentado com base em vários fatores, incluindo tipo e usuário final.

Segmentação por tipo
Equipamento de terraplanagem – Escavadora, Retroescavadeiras, Motoniveladoras, Outros equipamentos de terraplenagem (Outros carregadores, Escavadeiras, Valetadeiras)
Equipamento de manuseio de materiais – Guindaste, Empilhadeira & Manipuladores telescópicos, Plataformas Aéreas (Elevadores de lança articulada, Elevadores de lança telescópica, Elevadores de tesoura)
Equipamento para construção de estradas – Rolos compactadores, Pavimentadoras de Asfalto

Segmentação por usuários finais
Construção
Fabricação
Mineração
Outros

Em 2021, the material-handling equipment segment represented the largest portion, representando 51.6% of the Turkey construction equipment market. Projeta-se que por 2028, this segment will experience significant growth, reaching approximately 15,471 units at a compound annual growth rate (CAGR) de 5.64%. Material-handling equipment plays a crucial role in various industries such as construction, manufacturing, cargo handling, logistics, warehousing, and mining.

To meet the demands of these industries, the Turkish government announced a substantial investment of $325 billion towards infrastructure projects in 2021. This initiative is expected to drive the demand for material-handling equipment, contributing to its growth in the market.

Adicionalmente, the construction segment accounted for 56.4% of the Turkey construction equipment market in 2021. It is estimated that by 2028, this segment will grow at a CAGR of 6.97% and reach approximately 18,485 unidades. The growth of Turkey’s construction industry is predicted to be around 4.5% até o final de 2022, with the overall value of the industry projected to surpass $200 bilhão por 2024. As the construction industry expands, there will be an increased utilization of construction equipment to support the growing infrastructure development activities.

Cenário competitivo

XCMG, Komatsu, Lagarta, Equipamento de construção Volvo, Liebherr, and SANY hold a significant market share in the Turkish construction equipment market. These companies possess a strong distribution network and extensive experience operating in Turkey.

XCMG, Komatsu, Lagarta, Equipamento de construção Volvo, Liebherr, and SANY are recognized as market leaders, collectively accounting for approximately 59% da participação total no mercado de equipamentos de construção em 2021.

Yanmar has been serving customers in the Turkish region for over 50 anos. No entanto, it lags behind SANY in terms of innovation, despite SANY having less than 30 years of experience in the region. In early 2022, SANY introduced its first 300-ton electric-drive front shovel, showcasing its commitment to advancing technology in the market.

Em 2022, Hidromek launched a hydraulic system specifically designed for H4 Series excavators, aiming to provide fuel efficiency advantages in Turkey.

Principais perguntas respondidas

WHAT IS THE SIZE OF THE CONSTRUCTION EQUIPMENT MARKET IN TURKEY?

The Turkish construction equipment market had a total of 20,570 unidades em 2021 e está projetado para atingir 30,809 unidades por 2028.

HOW MANY UNITS OF CONSTRUCTION EQUIPMENT ARE ANTICIPATED TO BE SOLD IN TURKEY BY 2028?

According to Arizton’s estimation, aproximadamente 30,809 units of construction equipment are expected to be sold in Turkey by 2028.

WHAT WILL BE THE GROWTH RATE OF TURKEY’S CONSTRUCTION EQUIPMENT MARKET?

The construction equipment market in Turkey is forecasted to grow at a compound annual growth rate (CAGR) de 6.04% during the period of 2022 para 2028.

HOW MANY UNITS OF MATERIAL HANDLING EQUIPMENT WERE SOLD IN TURKEY IN 2022?

Based on the analysis conducted by Arizton, around 11 million units of material handling equipment were sold in Turkey in 2022.

WHO ARE THE DISTRIBUTORS OF CONSTRUCTION EQUIPMENT IN TURKEY?

The major distributors in the Turkish construction equipment market include ENKA Pazarlama Import Export Inc., Maats Construction Machinery Ltd. Sti., Kale Makina Pazarlama A.Ş., TSM Global, Temsa İş Makinaları, and HASEL.