Press Releases

The Global Construction Equipment Market is anticipated to reach USD 193.8 billion in 2030 from USD 148.3 billion in 2023 with a compound annual growth rate CAGR of 3.7% during the forecast period.

Construction equipments are specially designed machinery used to assist in construction operations, like compactors, excavators, forklifts, concrete mixer truck, grader, wheel bulldozers, dump trucks, backhoe loader, front loaders, crawler dozers and others. The rising demand for advanced machinery, increasing infrastructure development projects and growing investments in renewable energy projects are the growth drivers of the market. A considerable increase in demand for all types of construction equipment is because of the rise in the construction, infrastructure and mining activity. The main constraints of the Construction Equipment Market are the limited land banks, environmental concerns, regulatory issues, delays in project approval, rising oil prices, rising cost of steel and lack of skilled labour.

Browse 75 market data Tables and 45 Figures spread through 205 Pages and in-depth TOC on Construction Equipment Market By Type (Front Loaders, Backhoe Loader, Grader, Dump Trucks, Wheel Bulldozers, Excavators, Forklifts, Concrete Mixer Truck, Crawler Dozzers, Compactors and Others), By Solution Type (Products and Services), By Equipment Type (Heavy Construction Equipment and Compact Construction Equipment), By Application (Excavation & Mining, Earth moving, Transportation, Lifting & Material Handling and Others), By End-User (Manufacturing, Mining, Oil & Gas, Construction & Infrastructure and Others) and By Geography (North America, Asia-Pacific, Europe and Rest of the World - Global Forecast to 2030.

Global Construction Equipment Market Segmentation and Key Players

By type, excavator dominate the global construction equipment market.

The excavator segment held a major share of the construction equipment market as they are utilized widely for digging earth which is the very common construction equipment required at almost all construction sites that involves digging operations.

“Asia Pacific is anticipated to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global construction equipment market”

Asia Pacific (APAC) shall dominate the Global Construction Equipment Market due to extensive demand in the construction & infrastructure sector,  Asia-Pacific accounted for the highest construction equipment market share and is anticipated to secure the leading position during the forecast period.

The key players of the global Construction Equipment Market include Liebherr Group, JCB, Volvo Construction Equipment, Deere & Company, Doosan, SANY Group Company Ltd., Caterpillar, Hyundai Construction Equipment Company, Hitachi Construction Machinery, Komatsu, Kubota, CNH Global, Zoomlion, Kobelco.

Global construction equipment market coverage (By Value)

• Type Insight and Forecast 2025-2030
  • Front Loaders
  • Backhoe Loader
  • Grader
  • Dump Trucks
  • Wheel Bulldozers
  • Excavators
  • Forklifts
  • Concrete Mixer Truck
  • Crawler Dozers
  • Compactors
  • Others
• Solution Insight and Forecast 2025-2030
  • Products
  • Services
• Equipment Insight and Forecast 2025-2030
  • Heavy Construction Equipment
  • Compact Construction Equipment
• Application Insight and Forecast 2025-2030
  • Excavation & Mining
  • Earth moving
  • Transportation
  • Lifting & Material Handling
  • Others
• End-User Insight and Forecast 2025-2030
  • Manufacturing
  • Mining
  • Oil & Gas
  • Construction & Infrastructure
  • Others

Geographical Segmentation

Global Construction Equipment Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
• Rest of the World
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E
  • Other Countries