Global Concrete & Road Construction Machinery Market Outlook, 2027

Global Concrete & Road Construction Machinery Market is segmented into 5 regions: North America, Europe, Asia Pacific, South America, Middle East, & Africa.

Featured Companies

  • 1. Caterpillar Private Limited
  • 2. Hitachi Construction Machinery Co. Ltd
  • 3. J C Bamford Excavators Ltd
  • 4. John Deere Ltd
  • 5. Komatsu
  • 6. Liebherr
  • 7. Sany
  • 8. Terex Corporation
  • 9. Volvo Construction Equipments
  • More...

Concrete and road construction equipment are majorly used in mixing various ingredients and transportation of the same. For many decades, the use of concrete and stones has been popular among road building materials due to their high durability and resistance to extreme weather conditions. The demand for this type of machinery has been in a growing pattern with the increasing need for better land connectivity among the cities and the nations, which in turn is to offer better support to the economy. Infrastructure development in emerging and developed countries has propelled the building and road construction equipment market. Emerging and developed countries' governments and private sectors are focusing on developing the infrastructure to keep up the GDP, meet the growing population's needs, meet the levels of urbanization, and increase connectivity by developing highways and expressways. As per the report published by Bonafide Research titled "Global Concrete and Road Construction Equipment Market Outlook, 2027", the global market for concrete and road construction equipment was recorded at USD 28 billion in the year 2021, and is expected to grow by more than 7.5% in the forecast period. The key companies are spending more on R&D to produce more compact designs loaded with many features, providing great value for the money. The buyers seek more technologically advanced equipment with more fuel efficiency and with less human involvement during the process.

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This segment of construction machinery is seen as a potentially growing market with expectations to cover more than 20% by the end of the forecast period. The most commonly used equipment in this segment is the cement mixer, which is seen to be showing a declining market share due to its limited usage in construction sites. The asphalt finisher is expected to grow at the highest CAGR among the equipment in the market. Road transportation has gradually increased over the years with an improvement in connectivity between cities, towns, and villages in the country. The main product types of building and road construction equipment are motor graders, road rollers, wheel loaders, concrete mixers, bulldozers, and other product types. Motor graders are being used to finish grade the rough grading performed by heavy construction equipment like scrapers and bulldozers. The equipment categories are earthmoving equipment, material-handling equipment, heavy construction vehicles, and other equipment categories. The various applications involved are building construction and road construction. For instance, the total Indian investment in road construction was worth $22.4 billion, with private investment accounting for 14% of the total investment. Furthermore, according to the World Bank, the private sector infrastructure investment commitments for various sectors amounted to $96.7 billion in 2019 globally. The private participation infrastructure (PPI) investment in H1 was valued at $49.8 billion in 2019. Governments and private sectors of developed and emerging sectors focus on infrastructure developments and require high-tech equipment for the construction process to make it easy and less time-consuming. That further acts as a major driver for the building and road construction equipment market growth.

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Manmayi Raval

Manmayi Raval

Research Consultant

The major manufacturing companies in building and road construction equipment are concentrating on upgrading their technologies. The technology advancements aim to increase safety, productivity, and connectivity of equipment and decrease maintenance issues and costs. For instance, in March 2020, Komatsu, a Japan-based construction equipment manufacturer, introduced hydraulic excavators equipped with the KomVision Human Detection and Collision Mitigation System. The excavators are designed by advancing the 'KomVision' bird-view camera system equipped with conventional models in the Japanese market. The system identifies humans across the excavator and avoids the excavator from moving when the system detects people whenever the excavator starts to travel or swing. In October 2020, Volvo Construction Equipment, a USA-based manufacturer of construction equipment, launched Volvo Active Control, an automated grading machine control system available on excavators EC250E, EC220E, and EC300E across North America. This system allows the operators to conveniently get the right depth and angle, reducing grading times by up to 45%. The growing number of smart cities will be one of the major factors that will have a positive impact on the growth of the market for concrete and road construction equipment. This will draw a large population to the urban areas and major metropolitan cities, which will increase the congestion in the cities. The increasing urban population has put a strain on existing urban services, such as public transport and road networks. This has led to an increase in the number of smart cities to accommodate the increasing urban population. The majority of road networks in these smart cities are expected to have concrete paved roads since they can reduce the fuel consumption of vehicles. This will, in turn, fuel the market’s growth prospects in the coming years. The emergence of smart concrete materials will be one of the latest trends that will gain traction in the concrete and road construction equipment market during the next four years. Smart concrete can detect the shortcomings of conventional concrete and act as a sensor to find flaws in it. Smart concrete also helps in detecting the internal condition of concrete roads after any disaster, such as earthquakes. Additionally, they can aid in easing transportation by heating the road surface and melting the ice on it during heavy snowfall and can also assist in measuring the speed and weight of vehicles. Covid-19 impacts: The COVID-19 pandemic has been hitting the market for several months, and the repercussions have been felt across several countries and continents. There have been outbreaks of this virus that have amassed and bred among financial markets over a long period of time, disrupting trade and personal profit as well because they were frozen to avoid further spread. However, growing consumer preference and increasing demand for construction processes are anticipated to propel higher market growth.

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Manmayi Raval

Major Companies Present In the Market Caterpillar Private Limited, Hitachi Construction Machinery Co. Ltd, J C Bamford Excavators Ltd, John Deere Ltd, Komatsu Ltd., Liebherr Group, Sany Group, Terex Corporation, Volvo Construction Equipments, XCMG Ltd., Zoomlion Co. Ltd Considered In the Report • Geography: Global • Base year: 2021 • Historical year: 2016 • Estimated year: 2022 • Forecasted year: 2027 Regions covered: • North America (USA, Canada, Mexico) • Europe (UK, Germany, Russia, France, Spain, Italy) • Asia Pacific (Japan, India, China, Australia) • South America (Brazil, Argentina, Columbia) • Middle East & Africa (Saudi Arabia, UAE, Qatar, South Africa) Aspects Covered In the Report • Market Size By Value for the historic time period (2016-2021) • Market Size By Value for the forecast time period (2021-2027) • Market Share by Application (2016, 2021 & 2027F) • Market Share by Equipments (2016, 2021 & 2027F) • Market Share by Region (2016, 2021 & 2027F) • Market Share by Country (2016, 2021 & 2027F) • Market Share by Company (2021) Segments covered in the Report By Application • Earth Moving Machinery • Material Handling Machinery • Concrete and road construction Machinery • Other Machinery By Concrete and Road Construction Machinery • Cement/Transit mixers • Compactors & Road Rollers • Pavers/Asphalt Finishers • Others The approach of the report: We keep an eye on evolving markets and try to evaluate the potential of the products and services. If we find the market interesting, we start working on it and create the desired table of content, considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personnel, company owners, dealers, distributors, and end-users. Once the questionnaires have been finalized, we start collecting the primary data (mostly through phone calls) and try to understand the market dynamics regionally or tier-wise. This process gives us in-depth details of the market, including all present companies, the top-performing products with reasons why they dominate; we get the details of new players and their innovative approaches; market trends; dynamics; and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. From this, we get a rough estimate of the market and start checking existing product price variants, trade, production, raw material scenarios, policies and regulatory landscape, etc. Then, to finalize the market, we start collecting financials of each player present in the market, including limited, private limited, and LLPs. Moreover, we perform cross-industry and cross-region analysis of the product, and based on collected primary inputs and using statistical modeling, we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but gives more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validate the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in the form of strategic recommendations for new as well as existing players. The QC team then checks the overall report that includes spell check, data verification, and makes the same dispatch ready and error-free. Intended Audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the construction machinery and excavator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Caterpillar Private Limited
  • Hitachi Construction Machinery Co. Ltd
  • J C Bamford Excavators Ltd
  • John Deere Ltd
  • Komatsu
  • Liebherr
  • Sany
  • Terex Corporation
  • Volvo Construction Equipments
  • Zoomlion
  • XCMG

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Report Methodology
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Market Definition
  • 4. Economic /Demographic Snapshot
  • 5. Global Construction Equipments Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share
  • 5.2.1. By Region
  • 5.2.2. By Country
  • 5.2.3. By Company
  • 5.2.4. By Application
  • 6. Global Earth Moving Machinery Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Region
  • 6.2.2. By Equipments
  • 7. Global Material Handling Machinery Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share
  • 7.2.1. By Region
  • 7.2.2. By Equipments
  • 8. Global Concrete and Road Construction Machinery Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share
  • 8.2.1. By Region
  • 8.2.2. By Equipments
  • 9. North America Concrete and Road Construction Machinery Market Outlook
  • 9.1. Market Size By Value By Country
  • 9.2. Market Share By Equipments
  • 9.3. US Concrete and Road Construction Machinery Market Outlook
  • 9.3.1. Market Size By Value
  • 9.3.2. Market Share By Equipments
  • 9.4. Canada Concrete and Road Construction Machinery Market Outlook
  • 9.4.1. Market Size By Value
  • 9.4.2. Market Share By Equipments
  • 9.5. Mexico Concrete and Road Construction Machinery Market Outlook
  • 9.5.1. Market Size By Value
  • 9.5.2. Market Share By Equipments
  • 10. Europe Concrete and Road Construction Machinery Market Outlook
  • 10.1. Market Size By Value By Country
  • 10.2. Market Share By Equipments
  • 10.3. UK Concrete and Road Construction Machinery Market Outlook
  • 10.3.1. Market Size By Value
  • 10.3.2. Market Share By Equipments
  • 10.4. Germany Concrete and Road Construction Machinery Market Outlook
  • 10.4.1. Market Size By Value
  • 10.4.2. Market Share By Equipments
  • 10.5. Russia Concrete and Road Construction Machinery Market Outlook
  • 10.5.1. Market Size By Value
  • 10.5.2. Market Share By Equipments
  • 10.6. France Concrete and Road Construction Machinery Market Outlook
  • 10.6.1. Market Size By Value
  • 10.6.2. Market Share By Equipments
  • 10.7. Spain Concrete and Road Construction Machinery Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Share By Equipments
  • 10.8. Italy Concrete and Road Construction Machinery Market Outlook
  • 10.8.1. Market Size By Value
  • 10.8.2. Market Share By Equipments
  • 11. Asia-Pacific Concrete and Road Construction Machinery Market Outlook
  • 11.1. Market Size By Value By Country
  • 11.2. Market Share By Equipments
  • 11.3. Japan Concrete and Road Construction Machinery Market Outlook
  • 11.3.1. Market Size By Value
  • 11.3.2. Market Share By Equipments
  • 11.4. China Concrete and Road Construction Machinery Market Outlook
  • 11.4.1. Market Size By Value
  • 11.4.2. Market Share By Equipments
  • 11.5. India Concrete and Road Construction Machinery Market Outlook
  • 11.5.1. Market Size By Value
  • 11.5.2. Market Share By Equipments
  • 11.6. Australia Concrete and Road Construction Machinery Market Outlook
  • 11.6.1. Market Size By Value
  • 11.6.2. Market Share By Equipments
  • 12. South America Concrete and Road Construction Machinery Market Outlook
  • 12.1. Market Size By Value By Country
  • 12.2. Market Share By Equipments
  • 12.3. Brazil Concrete and Road Construction Machinery Market Outlook
  • 12.3.1. Market Size By Value
  • 12.3.2. Market Share By Equipments
  • 12.4. Argentina Concrete and Road Construction Machinery Market Outlook
  • 12.4.1. Market Size By Value
  • 12.4.2. Market Share By Equipments
  • 12.5. Columbia Concrete and Road Construction Machinery Market Outlook
  • 12.5.1. Market Size By Value
  • 12.5.2. Market Share By Equipments
  • 13. Middle East & Africa Concrete and Road Construction Machinery Market Outlook
  • 13.1. Market Size By Value By Country
  • 13.2. Market Share By Equipments
  • 13.3. Saudi Arabia Concrete and Road Construction Machinery Market Outlook
  • 13.3.1. Market Size By Value
  • 13.3.2. Market Share By Equipments
  • 13.4. UAE Concrete and Road Construction Machinery Market Outlook
  • 13.4.1. Market Size By Value
  • 13.4.2. Market Share By Equipments
  • 13.5. Qatar Concrete and Road Construction Machinery Market Outlook
  • 13.5.1. Market Size By Value
  • 13.5.2. Market Share By Equipments
  • 13.6. South Africa Concrete and Road Construction Machinery Market Outlook
  • 13.6.1. Market Size By Value
  • 13.6.2. Market Share By Equipments
  • 14. Market Dynamics
  • 14.1. Market Drivers
  • 14.2. Market Challenges
  • 15. Market Trends and Developments
  • 15.1. XXXXXX
  • 15.2. XXXXXX
  • 15.3. XXXXXX
  • 15.4. XXXXXX
  • 15.5. XXXXXX
  • 15.6. XXXXXX
  • 16. Company Profiles
  • 16.1. Caterpillar Private Limited
  • 16.2. Hitachi Construction Machinery Co. Ltd
  • 16.3. J C Bamford Excavators Ltd
  • 16.4. John Deere Ltd
  • 16.5. Komatsu Ltd.
  • 16.6. Liebherr Group
  • 16.7. Sany Group
  • 16.8. Terex Corporation
  • 16.9. Volvo Construction Equipments
  • 16.10. XCMG Ltd.
  • 16.11. Zoomlion Co. Ltd.
  • 17. Strategic Recommendations
  • 18. Disclaimer

List of Tables
Table 1: Top 10 Counties Economic Snapshot 2020
Table 2: Economic Snapshot of Other Prominent Countries 2020
Table 3: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 4: Global Construction Equipments Market Share By Region (2016, 2021 & 2027F)
Table 5: Global Construction Equipments Market Share By Country (2021)
Table 6: Global Construction Equipments Market Share By Company (2021)
Table 7: Global Earth Moving Machinery Market Share By Region (2016, 2021 & 2027F)
Table 8: Global Material Handling Machinery Market Share By Region (2016, 2021 & 2027F)
Table 9: Global Concrete and Road Construction Machinery Market Share By Region (2016, 2021 & 2027F)
Table 10: US Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 11: US Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 12: Canada Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 13: Canada Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 14: Mexico Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 15: Mexico Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 16: UK Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 17: UK Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 18: Germany Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 19: Germany Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 20: Russia Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 21: Russia Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 22: France Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 23: France Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 24: Spain Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 25: Spain Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 26: Italy Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 27: Italy Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 28: Japan Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 29: Japan Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 30: China Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 31: China Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 32: India Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 33: India Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 34: Australia Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 35: Australia Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 36: Brazil Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 37: Brazil Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 38: Argentina Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 39: Argentina Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 40: Columbia Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 41: Columbia Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 42: Saudi Arabia Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 43: Saudi Arabia Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 44: UAE Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 45: UAE Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 46: Qatar Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 47: Qatar Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 48: South Africa Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Table 49: South Africa Concrete and Road Construction Machinery Market Share By Equipments 2016 to 2027F (In USD Billion)
Table 50: Key Facts of Caterpillar Private Limited
Table 51: Key Facts of Hitachi Construction Machinery Co. Ltd
Table 52: Key Facts of J C Bamford Excavators Ltd
Table 53: Key Facts of John Deere Ltd
Table 54: Key Facts of Komatsu Ltd.
Table 55: Key Facts of Liebherr Group
Table 56: Key Facts of Sany Group
Table 57: Key Facts of Terex Corporation
Table 58: Key Facts of Volvo Construction Equipments
Table 59: Key Facts of XCMG Ltd.
Table 60: Key Facts of Zoomlion Co. Ltd.

List of Figures
Figure 1: Global Construction Equipments Market Size By Value 2016 to 2027F(In USD Billion)
Figure 2: Global Construction Equipments Market Share By Application (2016, 2021 & 2027F)
Figure 3: Global Earth Moving Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Figure 4: Global Earth Moving Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 5: Global Material Handling Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Figure 6: Global Material Handling Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 7: Global Concrete and Road Construction Machinery Market Size By Value 2016 to 2027F (In USD Billion)
Figure 8: Global Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 9: North America Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 10: Europe Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 11: Asia-Pacific Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 12: South America Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 13: Middle East & Africa Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 14: Market Attractiveness Index, 2021
Figure 15: Market Attractiveness Index, 2027F

Feed Phosphate Market Research FAQs

Global construction concrete and road construction machinery market is anticipated to grow with more than 8% CAGR.

Earth moving application is dominating the overall market.

Global construction equipment market in 2021 was valued at around USD 29 Billion by 2027.

Caperpillar, JCB, Liebherr, Sany, Volvo Construction Equipment, XCMG and Zoomlion are some of the key companies in global concrete & road construction equipment market.

US is leading the overall market in 2021.
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Global Concrete & Road Construction Machinery Market Outlook, 2027

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