Global Construction Machinery
This report forecasts to 2027 global demand for construction machinery by product and major world region in nominal US dollars at the manufacturer level. Product segments include: excavators, loaders, cranes and draglines, dozers and off-highway trucks, grading and compaction equipment, mixing and paving equipment, and parts and attachments. Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.
To illustrate historical trends, world, product, and regional demand (including product segments) are provided for 2012, 2017, and 2022. Finally, global production is segmented by major world region and provided for 2012, 2017, 2022, and 2027.
While this equipment is used primarily for construction, it may also be used in mining, energy production, forestry, agriculture, and other applications, and demand in those uses is included within the scope of this report.
This report covers machinery powered by its own engine and machinery that is propelled or pulled by another piece of equipment or by a person.
Excluded from the scope of this report are: handheld equipment, such as jackhammers; products that can be used in construction work but are not primarily construction machinery, including aerial work platforms, dredging machinery, forklifts and telehandlers, industrial cranes, log splitters, pile driving equipment, and tunneling machinery; cranes used in seaports (specifically those for maritime applications); used construction equipment; leased and rental equipment; remanufactured equipment; and sales of parts and attachments to new machinery OEMs.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2022.
Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
Related NAICS Code:
333120 Construction Machinery Manufacturing"