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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Earthmoving Equipment Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Earthmoving Equipment market size in 2022 is 82100.0 million US dollars, and it is expected to be 98931.9 million US dollars by 2029, with a compound annual growth rate of 2.70% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Earthmoving Equipment market include Caterpillar Inc., Komatsu Ltd., Xuzhou Construction Machinery Group Co., Ltd. (XCMG), Sany Heavy Industry Co., Ltd, and Deere & Company. The share of the top 3 players in the Earthmoving Equipment market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Earthmoving Equipment market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Excavators accounted for XX% of Earthmoving Equipment market in 2022. Loaders share of XX%.
Mining accounted for XX% of the Earthmoving Equipment market in 2022. Construction accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1: Introduces the product overview, market scope, study objectives, and industry dynamic analysis, and then includes the global impact of the coronavirus disease (COVID-19).
Chapter 2: Analysis of the competitive environment of Earthmoving Equipment market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the players' M&A and expansion in recent years.
Chapters 3-6: Segmented the global Earthmoving Equipment market by type, application and region. Analyze the revenue of market segments from different perspectives.
Chapter 7: Analyzes the main companies in the Earthmoving Equipment industry, including their main businesses, products/services, sales, revenue, gross margin, and the latest developments.
Chapter 8: Analyzes the Earthmoving Equipment industry chain, including raw material analysis, sales and marketing, distributors and major downstream buyers.
Chapter 9: The main points and conclusions of the report.
Chapter 10: Concludes with an explanation of the data sources and research methods.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Player list
Caterpillar Inc.
Komatsu Ltd.
Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
Sany Heavy Industry Co., Ltd
Deere & Company
AB Volvo
Liebherr-International Deutschland GmbH
Hitachi Construction Machinery Co., Ltd.
Sandvik AB
Types list
Excavators
Loaders
Dump Trucks
Others
Application list
Mining
Construction
Agriculture and Forestry
Others
Table of Content
1 Study Coverage
1.1 Earthmoving Equipment Product Introduction
1.2 Global Earthmoving Equipment Outlook 2018 VS 2023 VS 2029
1.3 United States Earthmoving Equipment Outlook 2018 VS 2023 VS 2029
1.4 Earthmoving Equipment Market Size, United States VS Global, 2018-2029
1.4.1 The Market Share of United States Earthmoving Equipment in Global, 2018-2029
1.4.2 The Growth Rate of Earthmoving Equipment Market Size, United States VS Global, 2018 VS 2023 VS 2029
1.5 Earthmoving Equipment Market Dynamics
1.5.1 Earthmoving Equipment Market Trends
1.5.2 Earthmoving Equipment Market Drivers
1.5.3 Earthmoving Equipment Market Challenges
1.5.4 Earthmoving Equipment Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Earthmoving Equipment Competitor Landscape by Company
2.1 Global Earthmoving Equipment Market Size by Company
2.1.1 Top Global Earthmoving Equipment Player Ranked by Revenue (2023)
2.1.2 Global Earthmoving Equipment Revenue by Player (2018-2023)
2.2 Global Earthmoving Equipment Concentration Ratio (CR)
2.2.1 Earthmoving Equipment Market Concentration Ratio (CR) (2018-2023)
2.2.2 Global Top 3 and Top 6 Largest Players of Earthmoving Equipment in 2023
2.3 Global Earthmoving Equipment Business Distribution, Business Type
2.3.1 Global Earthmoving Equipment Players, Headquarters and Distribution
2.3.2 Players Earthmoving Equipment Business Type
2.3.3 Date of International Players Enter into Earthmoving Equipment Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Earthmoving Equipment Market Size by Company
2.5.1 Top United States Earthmoving Equipment Player s Ranked by Revenue (2023)
2.5.2 United States Earthmoving Equipment Revenue by Player (2018-2023)
3 Earthmoving Equipment Market Segment by Type
3.1 Earthmoving Equipment Market Segment by Type
3.2 Global Earthmoving Equipment Market Size by Type
3.3 United States Earthmoving Equipment Market Size by Type
4 Earthmoving Equipment Market Segment by Application
4.1 Earthmoving Equipment Market Segment by Application
4.2 Global Earthmoving Equipment Market Size by Application
4.3 United States Earthmoving Equipment Market Size by Application
5 Global Earthmoving Equipment Market Size by Region
5.1 Global Earthmoving Equipment Market Size by Region: 2018 VS 2023 VS 2029
5.2 Global Earthmoving Equipment Market Size in Value by Region (2018-2029)
5.2.1 Global Earthmoving Equipment Revenue by Region: 2018-2023
5.2.2 Global Earthmoving Equipment Revenue by Region: 2023-2029
5.3 Global Earthmoving Equipment Market Size in Volume by Region (2018-2029)
5.3.1 Global Earthmoving Equipment Volume by Region: 2018-2023
5.3.2 Global Earthmoving Equipment Volume by Region: 2023-2029
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Earthmoving Equipment Market Size YoY Growth 2018-2029
6.1.2 North America Earthmoving Equipment Market Facts & Figures by Country (2018-2029)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Earthmoving Equipment Market Size YoY Growth 2018-2029
6.2.2 Asia Pacific Earthmoving Equipment Market Facts & Figures by Country (2018-2029)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Earthmoving Equipment Market Size YoY Growth 2018-2029
6.3.2 Europe Earthmoving Equipment Market Facts & Figures by Country (2018-2029)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Earthmoving Equipment Market Size YoY Growth 2018-2029
6.4.2 Latin America Earthmoving Equipment Market Facts & Figures by Country (2018-2029)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Earthmoving Equipment Market Size YoY Growth 2018-2029
6.5.2 Middle East and Africa Earthmoving Equipment Market Facts & Figures by Country (2018-2029)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 Caterpillar Inc.
7.1.1 Caterpillar Inc. Company Details
7.1.2 Description and Business Overview
7.1.3 Earthmoving Equipment Introduction
7.1.4 Caterpillar Inc. Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.1.5 Caterpillar Inc. Recent Development
7.2 Komatsu Ltd.
7.2.1 Komatsu Ltd. Company Details
7.2.2 Description and Business Overview
7.2.3 Earthmoving Equipment Introduction
7.2.4 Komatsu Ltd. Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.2.5 Komatsu Ltd. Recent Development
7.3 Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
7.3.1 Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Company Details
7.3.2 Description and Business Overview
7.3.3 Earthmoving Equipment Introduction
7.3.4 Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.3.5 Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Recent Development
7.4 Sany Heavy Industry Co., Ltd
7.4.1 Sany Heavy Industry Co., Ltd Company Details
7.4.2 Description and Business Overview
7.4.3 Earthmoving Equipment Introduction
7.4.4 Sany Heavy Industry Co., Ltd Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.4.5 Sany Heavy Industry Co., Ltd Recent Development
7.5 Deere & Company
7.5.1 Deere & Company Company Details
7.5.2 Description and Business Overview
7.5.3 Earthmoving Equipment Introduction
7.5.4 Deere & Company Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.5.5 Deere & Company Recent Development
7.6 AB Volvo
7.6.1 AB Volvo Company Details
7.6.2 Description and Business Overview
7.6.3 Earthmoving Equipment Introduction
7.6.4 AB Volvo Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.6.5 AB Volvo Recent Development
7.7 Liebherr-International Deutschland GmbH
7.7.1 Liebherr-International Deutschland GmbH Company Details
7.7.2 Description and Business Overview
7.7.3 Earthmoving Equipment Introduction
7.7.4 Liebherr-International Deutschland GmbH Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.7.5 Liebherr-International Deutschland GmbH Recent Development
7.8 Hitachi Construction Machinery Co., Ltd.
7.8.1 Hitachi Construction Machinery Co., Ltd. Company Details
7.8.2 Description and Business Overview
7.8.3 Earthmoving Equipment Introduction
7.8.4 Hitachi Construction Machinery Co., Ltd. Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.8.5 Hitachi Construction Machinery Co., Ltd. Recent Development
7.9 Sandvik AB
7.9.1 Sandvik AB Company Details
7.9.2 Description and Business Overview
7.9.3 Earthmoving Equipment Introduction
7.9.4 Sandvik AB Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023)
7.9.5 Sandvik AB Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Earthmoving Equipment Value Chain Analysis
8.2 Earthmoving Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Earthmoving Equipment Production Mode & Process
8.4 Earthmoving Equipment Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
Tables & Figures:
List of Tables and Figures
Figure Earthmoving Equipment Product Picture
Table Global Earthmoving Equipment Revenue, ($), 2018 VS 2023 VS 2029
Figure Global Earthmoving Equipment Market Size 2018-2029 ($)
Table United States Earthmoving Equipment Revenue, ($), 2018 VS 2023 VS 2029
Figure United States Earthmoving Equipment Market Size 2018-2029 ($)
Figure United States Earthmoving Equipment Market Share in Global, in Value 2018-2029
Table Earthmoving Equipment CAGR in Value, United States VS Global, 2018 VS 2023 VS 2029
Table Earthmoving Equipment Market Trends
Table Earthmoving Equipment Market Drivers
Table Earthmoving Equipment Market Challenges
Table Earthmoving Equipment Market Restraints
Figure Earthmoving Equipment Report Years Considered
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Top Earthmoving Equipment Players in Global Market, Ranking by Revenue (2023)
Table Global Earthmoving Equipment Revenue by Player, ($), 2018-2023
Table Global Earthmoving Equipment Revenue Share by Player, 2018-2023
Table Global Earthmoving Equipment Players Market Concentration Ratio (CR5)
Figure The Top 3 and 6 Largest Players of Earthmoving Equipment in the World: Market Share by Earthmoving Equipment Revenue in 2023
Table Top Players of Earthmoving Equipment in Global Market, Headquarters and Distribution
Table Players Earthmoving Equipment Business Type
Table Date of International Players Enter into Earthmoving Equipment Market
Table Players Mergers & Acquisitions, Expansion Plans
Table Top Earthmoving Equipment Players in United States Market, Ranking by Revenue (2023)
Table United States Earthmoving Equipment Revenue by Player, ($), 2018-2023
Table United States Earthmoving Equipment Revenue Share by Player, 2018-2023
Table Global Earthmoving Equipment Revenue by Type: 2023 VS 2029 ($)
Figure Global Earthmoving Equipment Market Share by Type in 2023 & 2029
Figure Global Earthmoving Equipment Revenue by Type (2018-2029) & ($)
Figure Global Earthmoving Equipment Revenue Market Share in Value by Type (2018-2029)
Table United States Earthmoving Equipment Revenue by Type: 2023 VS 2029 ($)
Figure United States Earthmoving Equipment Market Share by Type in 2023 & 2029
Figure United States Earthmoving Equipment Revenue by Type (2018-2029) & ($)
Figure United States Earthmoving Equipment Revenue Market Share in Value by Type (2018-2029)
Table Global Earthmoving Equipment Revenue by Application: 2023 VS 2029 ($)
Figure Global Earthmoving Equipment Market Share by Application in 2023 & 2029
Figure Global Earthmoving Equipment Revenue by Application (2018-2029) & ($)
Figure Global Earthmoving Equipment Revenue Market Share in Value by Application (2018-2029)
Table United States Earthmoving Equipment Revenue by Application: 2023 VS 2029 ($)
Figure United States Earthmoving Equipment Market Share by Application in 2023 & 2029
Figure United States Earthmoving Equipment Revenue by Application (2018-2029) & ($)
Figure United States Earthmoving Equipment Revenue Market Share in Value by Application (2018-2029)
Table Global Earthmoving Equipment Market Size by Region ($): 2018 VS 2023 VS 2029
Figure Global Earthmoving Equipment Market Size Market Share by Region: 2018 VS 2023 VS 2029
Table Global Earthmoving Equipment Revenue by Region (2018-2023) & ($)
Table Global Earthmoving Equipment Revenue Forecast by Region (2023-2029) & ($)
Table Global Earthmoving Equipment Revenue Market Share by Region (2018-2029)
Table Global Earthmoving Equipment Volume by Region (2018-2023) & ($)
Table Global Earthmoving Equipment Volume Forecast by Region (2023-2029) & ($)
Table Global Earthmoving Equipment Volume Market Share by Region (2018-2029)
Figure North America Earthmoving Equipment Revenue Growth Rate 2018-2029
Table North America Earthmoving Equipment Revenue by Country (2018-2029) & ($)
Figure U.S. Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Canada Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Asia Pacific Earthmoving Equipment Revenue Growth Rate 2018-2029 ($)
Table Asia Pacific Earthmoving Equipment Revenue by Country (2018-2029) & ($)
Figure China Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Japan Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure South Korea Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure India Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Australia Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Southeast Asia Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Europe Earthmoving Equipment Revenue Growth Rate 2018-2029 ($)
Table Europe Earthmoving Equipment Revenue by Country (2018-2029) & ($)
Figure Germany Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure France Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure UK Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Italy Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Russia Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Latin America Earthmoving Equipment Revenue Growth Rate 2018-2029 ($)
Table Latin America Earthmoving Equipment Revenue by Country (2018-2029) & ($)
Figure Mexico Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Brazil Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Argentina Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Middle East and Africa Earthmoving Equipment Revenue Growth Rate 2018-2029 ($)
Table Middle East and Africa Earthmoving Equipment Revenue by Country (2018-2029) & ($)
Figure Turkey Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure Saudi Arabia Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Figure UAE Earthmoving Equipment Revenue Growth Rate (2018-2029) & ($)
Table Caterpillar Inc. Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Caterpillar Inc. Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Caterpillar Inc. Recent Development
Table Komatsu Ltd. Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Komatsu Ltd. Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Komatsu Ltd. Recent Development
Table Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Recent Development
Table Sany Heavy Industry Co., Ltd Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Sany Heavy Industry Co., Ltd Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Sany Heavy Industry Co., Ltd Recent Development
Table Deere & Company Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Deere & Company Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Deere & Company Recent Development
Table AB Volvo Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table AB Volvo Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table AB Volvo Recent Development
Table Liebherr-International Deutschland GmbH Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Liebherr-International Deutschland GmbH Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Liebherr-International Deutschland GmbH Recent Development
Table Hitachi Construction Machinery Co., Ltd. Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Hitachi Construction Machinery Co., Ltd. Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Hitachi Construction Machinery Co., Ltd. Recent Development
Table Sandvik AB Company Details
Table Description and Business Overview
Table Earthmoving Equipment Introduction
Table Sandvik AB Earthmoving Equipment Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Sandvik AB Recent Development
Figure Earthmoving Equipment Value Chain
Table Key Raw Materials
Table Major Distributors of Earthmoving Equipment with Contact Information
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Research Methodology:
Global and United States Earthmoving Equipment Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Total Market |
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