ELDIDI Group was established in 1984 by ENG. Abdelfattah Eldidi. ELDIDI Group is the sole agent of Soilmec S.p.A and Drillmec S.p.A in Egypt, the United Arab Emirates, Saudi Arabia, and most of the Middle East. Soilmec and Drillmec are both Italian manufacturers of drilling and foundation equipment under TREVI Group. Soilmec is an international company leader in design, manufacturing, and distribution of equipment for the ground engineering industry, while Drillmec is an international leader in the design, manufacturing, and distribution of drilling and workover rigs for onshore and offshore applications as well as a wide range of drilling equipment.

As part of ELDIDI Group, Soilmec Misr was established in Cairo, Egypt in 1996. In 2003 Soilmec Emirates LLC was established in Dubai, United Arab Emirates, and in 2004, Soilmec Gulf FZCO was established with an office in Jebel Ali Free Zone in the UAE. In 2005, ELDIDI Group also established Universal Augers, which specializes in a wide range of drilling bits and tools in Jebel Ali, UAE. In 2007, ELDIDI Group opened Drillmec in Khartoum, Sudan to serve the growing demand of oil and water drilling rigs. In addition, Soilmec Arabia was established in 2008, in Jeddah, Saudi Arabia.

In 2009, ELDIDI Group moved its managerial headquarters to Montreal, Quebec, Canada, and opened a branch in Toronto in 2011. With the founding of Egymec for Petroleum Services FZCO, ELDIDI Group successfully caters to worldwide demand in oil and water drilling, foundation rigs, spare parts, and accessories.

Construction Equipment Market is Expected to Reach $240.97 Billion, Globally, by 2020 - Allied Market ResearchGlobal Construction Equipment Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2014-2020Allied Market Research | 09.07.2015According to a new report by Allied Market Research titled, "Global Construction Equipment Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2014-2020", the global construction equipment market is expected to reach $240.97 billion by 2020, registering a CAGR of 8.9% during 2015-2020.

The construction equipment market includes heavy machinery such as loaders, cranes, forklifts, excavators, and dozers, used for earthmoving, material handling, excavation and other applications across different industry verticals. Among the different types of construction equipment, loader and cranes would continue to remain the most preferred type, due to their numerous applications in construction, mining and public works. Loader segment would drive the market significantly by 2020, contributing more than 44% of the total market revenue, due to increased application in earth moving operations. Crane market is growing at a steady rate owing to the growing demand for lifting and material handling from different industries.

To request more information about the report, visit the website athttps://www.alliedmarketresearch.com/construction-equipment-market

From industries' perspective, public works and rail road sector would significantly drive the market due to the increasing number of infrastructural projects worldwide. Other prominent end-user industries include oil & gas,

mining and manufacturing.The construction equipment find maximum usage in earth moving and lifting & material handling applications. The two applications collectively accounted for around 50% of the total market in 2014. Between the two, earth moving application would grow at a faster rate during the forecast period, due to the upsurge in construction for commercial and residential infrastructure setup. Market is further segmented into solution type, comprising of product and services. The market shares of products and services would hover in the ratio of 80:20 throughout the analysis period.Asia-Pacific region would dominate the global construction equipment market throughout the analysis period due to the increased industrial and residential construction activities in this region, whereas North American market is expected to witness moderate growth.

Key findings of the study Lifting & material handling application would grow at a relatively faster CAGR of 12.4% during 2015-2020, in comparison to all the other applicationsPublic work activities would continue to drive the global construction equipment market over the analysis periodExcavation & mining application involving the use of construction equipment would grow notably at a CAGR of 9.5% during 2015-2020The market in Asia Pacific region is expected to grow at a CAGR of 10.2% during 2015-2020The market growth is attributed to innovation in construction equipment products along with the rising demand from public works, mining, manufacturing and oil and gas industries. Many prominent players operating in the construction equipment market have adopted product launch and acquisition as their key growth strategies. In 2011, Caterpillar acquired Bucyrus to expand the mining segment of the company and improve their mining equipment product line. Prominent companies profiled in the report include Caterpillar, Volvo, Hitachi, JCB and Komatsu.