Through 2025, global construction machinery demand is projected to advance 4.1% per year, a minor improvement over the 2020 growth rate. Most nation’s will experience strong rebounds in construction equipment sales from lows reached in 2020 as their economies return to growth, and construction, forestry, and mining activity expands. The growing use of state-of-the-art machinery in Europe, North America, Japan, and other mature markets, together with the growing use of more machinery-intensive construction and mining techniques in developing nations, will provide impetus for market gains as well. However, China’s subpar growth prospects – directly related to its strong 2020 performance – will have a negative impact on the market outlook through 2025, muting the global recovery to some extent.
This study covers the following types of construction machinery: Excavators Loaders Cranes and Draglines Dozers & Off-Highway Trucks Grading & Compaction Equipment Mixing & Paving Equipment Parts & Attachments
Forestry equipment data is provided for 18 nations in the following regions: North America Central & America Western Europe Eastern Europe Asia/Pacific Africa/Mideast
Scope of the Report This report covers the scope, size and growth of the global construction machinery market, including demand by product type. Historical figures are provided for 2010, 2015, and 2020 with forecast for 2025 and 2030. Demand, production, and net exports are presented in millions of dollars. Unit figures are provided for the various product types (with the exception of parts and attachments) are provided at the global level. The study also offers production by type for the ten leading suppliers. In addition, the study analyzes the structure of the global construction industry and gives market share figures for leading producers in dollar terms.
Executive Summary
Table Figure 1-1 | Global Construction Equipment Market
Impact of COVID-19 Pandemic
COVID-19 General Trends
Impact on the Economy
Table Global Gross Domestic Product, 2019 - 2022
Impact on the Construction Industry
Table Global Construction Expenditures, 2019 - 2022
Impact on the Global Construction Machinery Industry
Table Annual Global Construction Machinery Demand by Product, 2019 - 2022
Table Annual Global Construction Machinery Demand by Region, 2019 - 2022
Table Figure 2-1 | Annual Global Construction Machinery Value Demand Growth, 2019 - 2023
Overview
Study Scope
Table Figure 3-1 | Construction Machinery: Product Examples
Historical Trends
Table Global Construction Machinery Demand, 2010 - 2021
Table Figure 3-2 | Global Construction Machinery Demand, 2004 - 2021
Regional Supply & Demand
Demand by Region
Table Global Construction Machinery Demand by Region, 2010 - 2030
Production by Region
Table Global Construction Machinery Production by Region, 2010 - 2030
International Trade
Table Global Construction Machinery Net Exports by Region, 2010 - 2030
Table Figure 3-3 | Global Construction Machinery Net Exports by Country, 2020
Demand by Product
Units
Table Global Construction Machinery Demand by Product, 2010 - 2030
Market Value
Table Global Construction Machinery Demand by Product, 2010 - 2030
Table Figure 3-4 | Global Construction Machinery Demand by Product, 2010 - 2030
Pricing Trends
Table Global Construction Machinery Average Prices by Product, 2010 - 2030
Table Figure 3-5 | Global Construction Machinery Average Prices, 2010 - 2030
Factors Impacting Demand
Global Construction Outlook
Table Figure 4-1 | Global Construction Expenditures Growth, 2015 - 2025
Regulations & Industry Standards
Product Safety
Emissions
Technical Standards
Competition from Used & Rental Machinery
Used Machinery
Remanufactured Machinery
Rental Equipment
Leasing
Major Suppliers of Used & Rental Machinery
Technology & Innovation
Excavators
Scope & Product Description
Table Figure 5-1 | Excavators: Product Examples
Regional Trends
Table Global Excavator Demand by Region, 2010 - 2030