Global Construction Machinery Market Growth 2023-2029

Global Construction Machinery Market Growth 2023-2029

Construction machinery 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 machinery in the report mainly include includes excavators, loaders, graders, bulldozers, dump truck, compactors, and pavers.
LPI (LP Information)' newest research report, the “Construction Machinery Industry Forecast” looks at past sales and reviews total world Construction Machinery sales in 2022, providing a comprehensive analysis by region and market sector of projected Construction Machinery sales for 2023 through 2029. With Construction Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Machinery industry.
This Insight Report provides a comprehensive analysis of the global Construction Machinery 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 Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Construction Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Machinery 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 Machinery.
The global Construction Machinery market size is projected to grow from US$ 142980 million in 2022 to US$ 183010 million in 2029; it is expected to grow at a CAGR of 183010 from 2023 to 2029.
Global main manufacturers of construction machinery include SANY Group Company Ltd., XCMG and Zoomlion, etc. The top three players hold a share about 63%. China is the largest producer, holds a share around 46%, followed by North America and Europe, with share 18% and 17%, separately. The largest market is China, has a share about 38%, followed by North America and Europe, with around 20% and 17% market share respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Machinery market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Excavation Machinery
Loading Machinery
Roller Machinery
Cranes
Concrete Machinery
Others
Segmentation by application
Public Construction
Roadworks
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Caterpillar
SANY Group Company Ltd.
Komatsu
XCMG
Zoomlion
Wirtgen
Volvo Construction Equipment
Liebherr Group
Hitachi Construction Machinery
Hyundai Doosan Infracore
Liugong
JCB
Kobelco
Case
Kubota

Key Questions Addressed in this Report
What is the 10-year outlook for the global Construction Machinery market?
What factors are driving Construction Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Construction Machinery market opportunities vary by end market size?
How does Construction Machinery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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