Global Construction Equipment Market Growth 2025-2031

The global Construction Equipment market size is predicted to grow from US$ 122520 million in 2025 to US$ 132770 million in 2031; it is expected to grow at a CAGR of 1.3% from 2025 to 2031.

Construction equipment is used to perform multiple tasks on the construction site such as hoisting, excavating, hauling, paving, grading, and drilling. Construction Machinery has many uses in the building and realty sector. The type of equipment in the report mainly include includes excavators, loaders, graders, bulldozers, dump truck, compactors, and pavers.

Global Construction Equipment key players include Caterpillar, Komatsu, Volvo Construction Equipment, Hitachi Construction Machinery, Deere, etc. Global top five manufacturers hold a share about 45%. China is the largest market, with a share about 25%, followed by North America, with a share about 20 percent. In terms of product, Excavator is the largest segment, with a share about 50%. And in terms of application, the largest application is Engineering Working, followed by Residential Building, Non-Residential Building, etc.

LP Information, Inc. (LPI) ' newest research report, the “Construction Equipment Industry Forecast” looks at past sales and reviews total world Construction Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Construction Equipment sales for 2025 through 2031. With Construction Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Equipment industry.

This Insight Report provides a comprehensive analysis of the global Construction Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Construction Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Excavators
Loaders
Road Roller
Cranes
Concrete Machinery
Others

Segmentation by Application:
Building Construction
Infrastructure

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Caterpillar
Komatsu
SANY Group Company Ltd.
XCMG
Hyundai Doosan Infracore
Volvo Construction Equipment
Deere
Zoomlion
Liebherr Group
Hitachi Construction Machinery
Liugong
CNH Global
JCB
Kobelco
Kubota

Key Questions Addressed in this Report

What is the 10-year outlook for the global Construction Equipment market?

What factors are driving Construction Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Construction Equipment market opportunities vary by end market size?

How does Construction Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.