Global Construction Equipment Market Outlook, 2029

The Global Construction Equipment market is segmented by equipment (earth moving, material handling, concrete and road construction) by earth moving (excavators, loaders, dozers, motor graders) by material handling (dumper /dump truck/ tippers (articulated, rigid ), cranes (tower crane,mobile crane), masted/telescopic handlers, forklift) by concrete and road construction (cement/transit mixers, compactors & road rollers, pavers/asphalt finishers, others( concrete batching plant, concreate storage ).

The Global Construction Equipment Market reached approximately USD 165 Billion in 2023, driven by growing global demand for infrastructure construction.

Construction Equipment Market Market Analysis

The worldwide rise in construction activity is anticipated to drive the demand for the construction equipment. The construction equipment market has been a vital part of the economy globally. These equipments not only helps in decreasing the time involved in the process, but also increases the efficiency of the process with less human intervention. Undoubtedly, these equipments are the most capital-intensive investments by the company. Yet, the construction companies are investing heavily in these equipments, in order to control the indirect cost in the long run. Favorable government initiatives such as stimulus packages and lower housing rates that inclined consumers for new house purchases are key factors expected to drive market growth over the forecast period. However, supply chain and inventory concerns coupled with semiconductor shortages are likely to hinder the market growth over the next few years. In addition to that, increasing investments by governments worldwide for developing public infrastructure is one of the prime factors that is expected to drive the market growth over the forecast period. According to the report, recently published by Bonafide Research, titled 'Global Construction Equipment Market Outlook, 2029’; the overall global construction market was recorded around USD 165 Billion in the year 2023, owing to the increasing demand for the infrastructural construction worldwide. Further, the market is anticipated to reach nearly around USD 241.9 Billion, registering CAGR of more than 6.63% for 2024-2029. The report throws a light on various trends and the technological advancement in the market of construction machineries, which has influenced the sales of the equipment over the years. The higher productivity with optimum fuel usage is the prime factor that the customer looks for in such construction support equipments, as the investment made behind such purchase are high. Electrification is shaping the construction equipment market and offering significant opportunities and design possibilities. Electrification has been increasing in most market segments such as cars, buses, etc., including construction equipment. This has been made possible as advanced technologies are increasingly mature and affordable as they are also increasing regulations on emissions that have changed the future of the construction equipment industry. Several cities around the world have announced bans on the use of diesel within city limits, impacting the operation of construction equipment in these cities. Also, stricter emission regulations are being implemented for heavy machinery and equipment on the global, regional, and local levels in China and European countries. The emission and noise-pollution standards implemented by these regulations can be easily overcome with the use of electric construction equipment. This offers opportunities for construction manufacturers for the introduction of electric variants of existing/new products in the market.

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Market Dynamic

Market Drivers Infrastructure Development and Urbanization: Increasing investments in infrastructure projects, such as roads, bridges, airports, and residential buildings, drive the demand for construction equipment. Rapid urbanization in emerging markets leads to the construction of residential and commercial buildings, requiring heavy machinery for excavation, grading, and construction. Market Challenges High Initial Costs and Financing: Construction equipment, such as excavators, cranes, and loaders, involve significant upfront costs for purchase, maintenance, and operation. Accessing financing for construction equipment purchases can be challenging for small and medium-sized contractors, impacting market growth. Regulatory Compliance and Environmental Concerns: Stringent emission standards and regulations require construction equipment manufacturers to invest in cleaner and more fuel-efficient technologies. Mitigating noise pollution and minimizing environmental impact, such as reducing carbon emissions and improving fuel efficiency, pose regulatory and operational challenges. Market Trends Digitalization and Connectivity: Integration of IoT sensors and telematics systems in construction equipment for real-time monitoring of equipment health, performance analytics, and predictive maintenance. Utilization of big data analytics to optimize equipment utilization, enhance operational efficiency, and minimize downtime.

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Manmayi Raval

Manmayi Raval

Research Consultant


Construction Equipment Market Segmentation

Earth moving equipment is leading in the construction equipment industry due to its crucial role in foundational site preparation and versatility across various construction projects. Earth moving equipment holds a prominent position in the construction industry primarily because it plays a foundational role in preparing sites for construction and is versatile across different project types. From residential developments to large-scale infrastructure projects, earth moving equipment such as excavators, bulldozers, loaders, and graders are indispensable. The key reason for earth moving equipment's leadership lies in its ability to handle essential tasks that precede and facilitate construction activities. Excavators, for instance, are pivotal in digging foundations, trenching, and handling material, making them essential in both building and infrastructure projects. Bulldozers excel in clearing and leveling terrain, crucial for creating stable and safe construction sites. Loaders are adept at transporting materials like gravel, soil, and debris, enhancing efficiency in material handling and site management. Graders ensure the precision and smoothness of surfaces, essential for road construction and landscaping. Whether it's navigating rugged landscapes or operating in urban settings with space constraints, these machines are designed to meet diverse project needs. Their technological advancements, including GPS integration for precise grading and automated controls for efficiency, have further boosted their performance and appeal. Material handling equipment is crucial in the construction equipment industry for efficient movement, storage, and management of materials throughout construction projects. Material handling equipment plays a pivotal role in the construction industry by facilitating the efficient movement, storage, and management of materials essential for construction projects. These equipment types include cranes, forklifts, conveyors, hoists, and various specialized attachments designed to handle specific materials like concrete, steel, timber, and aggregates. Cranes, for instance, are essential for lifting heavy materials and equipment to elevated positions, enabling tasks such as building structures, installing components, and transporting goods vertically. Forklifts and conveyors are critical for horizontal movement within sites, efficiently transporting materials across varying distances and terrains. These machines not only save time but also reduce manual labor and minimize the risk of injuries associated with manual handling. In addition to their operational efficiencies, material handling equipment contributes significantly to project timelines and cost-effectiveness. By ensuring timely delivery and placement of materials, these machines help in maintaining construction schedules and reducing downtime. Concrete and roads are essential components of the construction equipment industry due to their foundational role in infrastructure development and urbanization. Concrete and roads are fundamental components within the construction equipment industry, playing crucial roles in infrastructure development, urbanization, and economic growth. Concrete, as a versatile building material, forms the backbone of many construction projects, from residential buildings to bridges and dams. It is favored for its durability, strength, and ability to be molded into various shapes and sizes, making it indispensable in modern construction practices. The importance of concrete in construction equipment lies in its extensive use in structural elements such as foundations, columns, beams, and pavements. Specialized equipment like concrete mixers, pumps, and vibrators are integral to the efficient mixing, transporting, placing, and curing of concrete on construction sites. These machines ensure precise consistency, strength, and adherence to design specifications, thereby enhancing construction quality and durability. Road construction, another critical aspect of the construction equipment industry, involves the creation and maintenance of transportation networks essential for economic activities and societal connectivity. Roads facilitate the movement of people and goods, support commerce, and enable access to essential services.

Construction Equipment Market Market Regional Insights

The Asia-Pacific (APAC) region leads in the construction equipment industry due to rapid urbanization, infrastructure development, and significant investments in construction projects. The Asia-Pacific region has emerged as a leader in the construction equipment industry primarily due to its robust urbanization trends, expansive infrastructure projects, and substantial investments in construction and development. Countries within APAC, such as China, India, Japan, and South Korea, are experiencing rapid economic growth, demographic shifts towards urban areas, and increasing industrialization, driving unprecedented demand for construction equipment. Urbanization in APAC has led to the construction of residential complexes, commercial spaces, and industrial facilities, necessitating the deployment of advanced construction machinery. Excavators, bulldozers, cranes, and concrete equipment are crucial in meeting the region's infrastructure demands, from skyscrapers and high-speed railways to extensive road networks and energy projects. Governments across APAC are investing heavily in infrastructure as a means to stimulate economic growth, improve connectivity, and enhance living standards. Mega-projects like China's Belt and Road Initiative, India's Smart Cities Mission, and Japan's high-speed rail networks require sophisticated construction equipment for timely and efficient completion. This investment climate fosters innovation and adoption of new technologies in construction equipment, such as automation, IoT integration, and sustainable practices, further bolstering the region's leadership in the industry. Asia has been the undefeated lead, with more than 35% of the market share. Historically, North America held the second position, which is likely to show a decrease in the share up to an extent of creating possibility of Europe taking over the position post the forecasted period. The smaller regions of Latin America and Middle East & African countries are likely to show an increase in the market share. Understanding the fact that an efficient road transport system is a pre-requisite for sustained economic development, the governments have taken in to consideration about mending the poor quality roads, giving more scope for the segment equipment’s to grow. On the other hand, the vertical expansion in constructions is to let the material handling machinery segment cover a market of more than 20%. Rising commercial constructions, such as IT parks, shopping malls, and other government buildings, are driving the industry growth. Construction equipment possesses the ability to efficiently carry out heavy-duty works required in the construction sector, thereby boosting the market demand. The shifting focus of construction companies and building contractors toward the speeding up of construction operations without compromising safety & security will enhance the business expansion. Various governments, such as the UK, Brazil, Taiwan, New Zealand, and France, are focusing on improving their road and building infrastructures. These governments are heavily investing in various infrastructure projects to accelerate their economic growth. For instance, in September 2023, the UK Government announced to invest around USD 900 billion across private and public infrastructures in the next ten years. These developments will include pipeline constructions, renovation of school & college buildings, and the creation of around 425,000 jobs per year in the next few years.

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Companies Mentioned

  • Caterpillar Private Limited
  • CNH Industrial
  • Doosan Infracore
  • Epiroc
  • Hitachi Construction Machinery Co. Ltd
  • J C Bamford Excavators Ltd
  • John Deere Ltd
  • Kobe Steel Ltd
  • Komatsu
  • Kubota Corporation
  • Liebherr
  • Metso
  • Sandvik Mining And Rock Technology
  • Sany
  • Terex Corporation
  • Volvo Construction Equipments
  • Zoomlion
  • XCMG

Table of Contents

  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.3.1. XXXX
  • 2.3.2. XXXX
  • 2.3.3. XXXX
  • 2.3.4. XXXX
  • 2.3.5. XXXX
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Construction Equipment Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Equiment
  • 6.5. Market Size and Forecast, By Earth Moving
  • 6.6. Market Size and Forecast, By Material Handling
  • 6.7. Market Size and Forecast, By Concrete and road construction
  • 7. North America Construction Equipment Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Equiment
  • 7.4. Market Size and Forecast, By Earth Moving
  • 7.5. Market Size and Forecast, By Material Handling
  • 7.6. Market Size and Forecast, By Concrete and road construction
  • 7.7. United States Construction Equipment Market Outlook
  • 7.7.1. Market Size By Value
  • 7.7.2. Market Size and Forecast By Equiment
  • 7.7.3. Market Size and Forecast By Earth Moving
  • 7.7.4. Market Size and Forecast By Material Handling
  • 7.7.5. Market Size and Forecast By Concrete and road construction
  • 7.8. Canada Construction Equipment Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Equiment
  • 7.8.3. Market Size and Forecast By Earth Moving
  • 7.8.4. Market Size and Forecast By Material Handling
  • 7.8.5. Market Size and Forecast By Concrete and road construction
  • 7.9. Mexico Construction Equipment Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Size and Forecast By Equiment
  • 7.9.3. Market Size and Forecast By Earth Moving
  • 7.9.4. Market Size and Forecast By Material Handling
  • 7.9.5. Market Size and Forecast By Concrete and road construction
  • 8. Europe Construction Equipment Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Equiment
  • 8.4. Market Size and Forecast, By Earth Moving
  • 8.5. Market Size and Forecast, By Material Handling
  • 8.6. Market Size and Forecast, By Concrete and road construction
  • 8.7. Germany Construction Equipment Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Size and Forecast By Equiment
  • 8.7.3. Market Size and Forecast By Earth Moving
  • 8.7.4. Market Size and Forecast By Material Handling
  • 8.7.5. Market Size and Forecast By Concrete and road construction
  • 8.8. United Kingdom Construction Equipment Market Outlook
  • 8.8.1. Market Size By Value
  • 8.8.2. Market Size and Forecast By Equiment
  • 8.8.3. Market Size and Forecast By Earth Moving
  • 8.8.4. Market Size and Forecast By Material Handling
  • 8.8.5. Market Size and Forecast By Concrete and road construction
  • 8.9. France Construction Equipment Market Outlook
  • 8.9.1. Market Size By Value
  • 8.9.2. Market Size and Forecast By Equiment
  • 8.9.3. Market Size and Forecast By Earth Moving
  • 8.9.4. Market Size and Forecast By Material Handling
  • 8.9.5. Market Size and Forecast By Concrete and road construction
  • 8.10. Italy Construction Equipment Market Outlook
  • 8.10.1. Market Size By Value
  • 8.10.2. Market Size and Forecast By Equiment
  • 8.10.3. Market Size and Forecast By Earth Moving
  • 8.10.4. Market Size and Forecast By Material Handling
  • 8.10.5. Market Size and Forecast By Concrete and road construction
  • 8.11. Spain Construction Equipment Market Outlook
  • 8.11.1. Market Size By Value
  • 8.11.2. Market Size and Forecast By Equiment
  • 8.11.3. Market Size and Forecast By Earth Moving
  • 8.11.4. Market Size and Forecast By Material Handling
  • 8.11.5. Market Size and Forecast By Concrete and road construction
  • 8.12. Russia Construction Equipment Market Outlook
  • 8.12.1. Market Size By Value
  • 8.12.2. Market Size and Forecast By Equiment
  • 8.12.3. Market Size and Forecast By Earth Moving
  • 8.12.4. Market Size and Forecast By Material Handling
  • 8.12.5. Market Size and Forecast By Concrete and road construction
  • 9. Asia-Pacific Construction Equipment Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Equiment
  • 9.4. Market Size and Forecast, By Earth Moving
  • 9.5. Market Size and Forecast, By Material Handling
  • 9.6. Market Size and Forecast, By Concrete and road construction
  • 9.7. China Construction Equipment Market Outlook
  • 9.7.1. Market Size By Value
  • 9.7.2. Market Size and Forecast By Equiment
  • 9.7.3. Market Size and Forecast By Earth Moving
  • 9.7.4. Market Size and Forecast By Material Handling
  • 9.7.5. Market Size and Forecast By Concrete and road construction
  • 9.8. Japan Construction Equipment Market Outlook
  • 9.8.1. Market Size By Value
  • 9.8.2. Market Size and Forecast By Equiment
  • 9.8.3. Market Size and Forecast By Earth Moving
  • 9.8.4. Market Size and Forecast By Material Handling
  • 9.8.5. Market Size and Forecast By Concrete and road construction
  • 9.9. India Construction Equipment Market Outlook
  • 9.9.1. Market Size By Value
  • 9.9.2. Market Size and Forecast By Equiment
  • 9.9.3. Market Size and Forecast By Earth Moving
  • 9.9.4. Market Size and Forecast By Material Handling
  • 9.9.5. Market Size and Forecast By Concrete and road construction
  • 9.10. Australia Construction Equipment Market Outlook
  • 9.10.1. Market Size By Value
  • 9.10.2. Market Size and Forecast By Equiment
  • 9.10.3. Market Size and Forecast By Earth Moving
  • 9.10.4. Market Size and Forecast By Material Handling
  • 9.10.5. Market Size and Forecast By Concrete and road construction
  • 9.11. South Korea Construction Equipment Market Outlook
  • 9.11.1. Market Size By Value
  • 9.11.2. Market Size and Forecast By Equiment
  • 9.11.3. Market Size and Forecast By Earth Moving
  • 9.11.4. Market Size and Forecast By Material Handling
  • 9.11.5. Market Size and Forecast By Concrete and road construction
  • 10. South America Construction Equipment Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Equiment
  • 10.4. Market Size and Forecast, By Earth Moving
  • 10.5. Market Size and Forecast, By Material Handling
  • 10.6. Market Size and Forecast, By Concrete and road construction
  • 10.7. Brazil Construction Equipment Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Size and Forecast By Equiment
  • 10.7.3. Market Size and Forecast By Earth Moving
  • 10.7.4. Market Size and Forecast By Material Handling
  • 10.7.5. Market Size and Forecast By Concrete and road construction
  • 10.8. Argentina Construction Equipment Market Outlook
  • 10.8.1. Market Size By Value
  • 10.8.2. Market Size and Forecast By Equiment
  • 10.8.3. Market Size and Forecast By Earth Moving
  • 10.8.4. Market Size and Forecast By Material Handling
  • 10.8.5. Market Size and Forecast By Concrete and road construction
  • 10.9. Columbia Construction Equipment Market Outlook
  • 10.9.1. Market Size By Value
  • 10.9.2. Market Size and Forecast By Equiment
  • 10.9.3. Market Size and Forecast By Earth Moving
  • 10.9.4. Market Size and Forecast By Material Handling
  • 10.9.5. Market Size and Forecast By Concrete and road construction
  • 11. Middle East & Africa Construction Equipment Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Equiment
  • 11.4. Market Size and Forecast, By Earth Moving
  • 11.5. Market Size and Forecast, By Material Handling
  • 11.6. Market Size and Forecast, By Concrete and road construction
  • 11.7. UAE Construction Equipment Market Outlook
  • 11.7.1. Market Size By Value
  • 11.7.2. Market Size and Forecast By Equiment
  • 11.7.3. Market Size and Forecast By Earth Moving
  • 11.7.4. Market Size and Forecast By Material Handling
  • 11.7.5. Market Size and Forecast By Concrete and road construction
  • 11.8. Saudi Arabia Construction Equipment Market Outlook
  • 11.8.1. Market Size By Value
  • 11.8.2. Market Size and Forecast By Equiment
  • 11.8.3. Market Size and Forecast By Earth Moving
  • 11.8.4. Market Size and Forecast By Material Handling
  • 11.8.5. Market Size and Forecast By Concrete and road construction
  • 11.9. South Africa Construction Equipment Market Outlook
  • 11.9.1. Market Size By Value
  • 11.9.2. Market Size and Forecast By Equiment
  • 11.9.3. Market Size and Forecast By Earth Moving
  • 11.9.4. Market Size and Forecast By Material Handling
  • 11.9.5. Market Size and Forecast By Concrete and road construction
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2022
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. Company 1
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. Company 2
  • 12.6.3. Company 3
  • 12.6.4. Company 4
  • 12.6.5. Company 5
  • 12.6.6. Company 6
  • 12.6.7. Company 7
  • 12.6.8. Company 8
  • 12.6.9. Company 9
  • 12.6.10. Company 10
  • 12.6.11. Company 11
  • 12.6.12. Company 12
  • 12.6.13. Company 13
  • 12.6.14. Company 14
  • 12.6.15. Company 15
  • 12.6.16. Company 16
  • 12.6.17. Company 17
  • 12.6.18. Company 18
  • 12.6.19. Company 19
  • 12.6.20. Company 20
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

Table 1: Global Construction Equipment Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Influencing Factors for Construction Equipment Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Construction Equipment Market Size and Forecast, By Geography (2018 to 2029F) (In USD Billion)
Table 7: Global Construction Equipment Market Size and Forecast, By Equiment (2018 to 2029F) (In USD Billion)
Table 8: Global Construction Equipment Market Size and Forecast, By Earth Moving (2018 to 2029F) (In USD Billion)
Table 9: Global Construction Equipment Market Size and Forecast, By Material Handling (2018 to 2029F) (In USD Billion)
Table 10: Global Construction Equipment Market Size and Forecast, By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 11: North America Construction Equipment Market Size and Forecast, By Equiment (2018 to 2029F) (In USD Billion)
Table 12: North America Construction Equipment Market Size and Forecast, By Earth Moving (2018 to 2029F) (In USD Billion)
Table 13: North America Construction Equipment Market Size and Forecast, By Material Handling (2018 to 2029F) (In USD Billion)
Table 14: North America Construction Equipment Market Size and Forecast, By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 15: United States Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 16: United States Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 17: United States Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 18: United States Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 19: Canada Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 20: Canada Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 21: Canada Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 22: Canada Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 23: Mexico Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 24: Mexico Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 25: Mexico Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 26: Mexico Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 27: Europe Construction Equipment Market Size and Forecast, By Equiment (2018 to 2029F) (In USD Billion)
Table 28: Europe Construction Equipment Market Size and Forecast, By Earth Moving (2018 to 2029F) (In USD Billion)
Table 29: Europe Construction Equipment Market Size and Forecast, By Material Handling (2018 to 2029F) (In USD Billion)
Table 30: Europe Construction Equipment Market Size and Forecast, By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 31: Germany Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 32: Germany Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 33: Germany Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 34: Germany Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 35: United Kingdom Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 36: United Kingdom Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 37: United Kingdom Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 38: United Kingdom Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 39: France Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 40: France Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 41: France Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 42: France Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 43: Italy Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 44: Italy Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 45: Italy Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 46: Italy Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 47: Spain Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 48: Spain Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 49: Spain Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 50: Spain Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 51: Russia Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 52: Russia Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 53: Russia Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 54: Russia Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 55: Asia-Pacific Construction Equipment Market Size and Forecast, By Equiment (2018 to 2029F) (In USD Billion)
Table 56: Asia-Pacific Construction Equipment Market Size and Forecast, By Earth Moving (2018 to 2029F) (In USD Billion)
Table 57: Asia-Pacific Construction Equipment Market Size and Forecast, By Material Handling (2018 to 2029F) (In USD Billion)
Table 58: Asia-Pacific Construction Equipment Market Size and Forecast, By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 59: China Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 60: China Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 61: China Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 62: China Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 63: Japan Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 64: Japan Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 65: Japan Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 66: Japan Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 67: India Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 68: India Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 69: India Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 70: India Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 71: Australia Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 72: Australia Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 73: Australia Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 74: Australia Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 75: South Korea Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 76: South Korea Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 77: South Korea Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 78: South Korea Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 79: South America Construction Equipment Market Size and Forecast, By Equiment (2018 to 2029F) (In USD Billion)
Table 80: South America Construction Equipment Market Size and Forecast, By Earth Moving (2018 to 2029F) (In USD Billion)
Table 81: South America Construction Equipment Market Size and Forecast, By Material Handling (2018 to 2029F) (In USD Billion)
Table 82: South America Construction Equipment Market Size and Forecast, By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 83: Brazil Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 84: Brazil Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 85: Brazil Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 86: Brazil Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 87: Argentina Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 88: Argentina Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 89: Argentina Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 90: Argentina Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 91: Colombia Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 92: Colombia Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 93: Colombia Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 94: Colombia Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 95: Middle East & Africa Construction Equipment Market Size and Forecast, By Equiment (2018 to 2029F) (In USD Billion)
Table 96: Middle East & Africa Construction Equipment Market Size and Forecast, By Earth Moving (2018 to 2029F) (In USD Billion)
Table 97: Middle East & Africa Construction Equipment Market Size and Forecast, By Material Handling (2018 to 2029F) (In USD Billion)
Table 98: Middle East & Africa Construction Equipment Market Size and Forecast, By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 99: United Arab Emirates Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 100: United Arab Emirates Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 101: United Arab Emirates Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 102: United Arab Emirates Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 103: Saudi Arabia Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 104: Saudi Arabia Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 105: Saudi Arabia Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 106: Saudi Arabia Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)
Table 107: South Africa Construction Equipment Market Size and Forecast By Equiment (2018 to 2029F) (In USD Billion)
Table 108: South Africa Construction Equipment Market Size and Forecast By Earth Moving (2018 to 2029F) (In USD Billion)
Table 109: South Africa Construction Equipment Market Size and Forecast By Material Handling (2018 to 2029F) (In USD Billion)
Table 110: South Africa Construction Equipment Market Size and Forecast By Concrete and road construction (2018 to 2029F) (In USD Billion)

Figure 1: Global Construction Equipment Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Construction Equipment Market Share By Region (2023)
Figure 6: North America Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: North America Construction Equipment Market Share By Country (2023)
Figure 8: US Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Canada Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: Mexico Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Europe Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: Europe Construction Equipment Market Share By Country (2023)
Figure 13: Germany Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 14: UK Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 15: France Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 16: Italy Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 17: Spain Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 18: Russia Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 19: Asia-Pacific Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 20: Asia-Pacific Construction Equipment Market Share By Country (2023)
Figure 21: China Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 22: Japan Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 23: India Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 24: Australia Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 25: South Korea Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 26: South America Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 27: South America Construction Equipment Market Share By Country (2023)
Figure 28: Brazil Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 29: Argentina Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 30: Columbia Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 31: Middle East & Africa Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 32: Middle East & Africa Construction Equipment Market Share By Country (2023)
Figure 33: UAE Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 34: Saudi Arabia Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 35: South Africa Construction Equipment Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2023
Figure 37: Market Share insights of key players, 2023
Figure 38: Porter's Five Forces of Global Construction Equipment Market

Construction Equipment Market Market Research FAQs

Global construction equipment market is anticipated to grow with more than 6% CAGR for 2022-2027.

Asia-Pacific region is projected to lead the global market by 2027.

Earth Moving Machinery, Material Handling Machinery and Concrete and road construction Machinery are some of the equipment types considered in the report.

US is expected to dominate the global market during the forecast period.

Caterpillar Private Limited, CNH Industrial, Doosan Infracore, Epiroc Construction Machinery Co. Ltd, Hitachi Construction Machinery Co. Ltd, J C Bamford Excavators Ltd, John Deere Ltd, Kobe Steel Ltd, Komatsu Ltd and Kubota Corporation are some of the major market players of Global construction equipment market.
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Global Construction Equipment Market Outlook, 2029

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