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Heavy Construction Equipment Market

Report Code BC 3630
Published in Apr, 2025, By MarketsandMarkets™
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Heavy Construction Equipment Market by Machinery Type (Earthmoving equipment, Material Handling Equipment, Heavy Construction Vehicles), Propulsion Type (Diesel, CNG/LNG/RNG, Electric), Engine Capacity, End-Use Industry, & Region - Global Forecast to 2030

US Tariff Impact on Heavy Construction Equipment Market

Trump Tariffs Are Reshaping Global Business

Overview

The heavy construction equipment market is projected to reach USD 286.51 billion by 2030 from USD 224.49 billion in 2025, at a CAGR of 5.0% from 2025 to 2030. The market for heavy construction equipment is growing rapidly worldwide, and this trend is expected to continue during the projected period. The growing investments in the infrastructure and construction industries are one of the reasons driving the demand for heavy construction equipment. Mining, infrastructure, building and construction, forestry and agriculture, and other industries are the main end-use sectors for heavy construction equipment.

Heavy Construction Equipment Market

Attractive Opportunities in the Heavy Construction Equipment Market

Asia Pacific

Growth of the Asia Pacific heavy construction equipment market can be attributed to growing government initiatives towards mining and infrastructure development in developing countries.

Market growth can be attributed to the increase in urban infrastructure, development projects, and the adoption of advanced technologies.

Electrification and Digitization is a major trend that offers lucrative opportunities for market players during 2025-2030

The heavy construction equipment market is expected to be worth USD 286.5 billion by 2030, growing at a CAGR of 5.0% during the forecast period.

Earthmoving equipment type is the major segment by machinery type that has the highest growth prospects driven by mining industry.

Global Heavy Construction Equipment Market Dynamics

DRIVER: Technological advancements and upgradation

Advanced technology and automation have made construction activities safer, more productive, and efficient. Some of the best examples of heavy construction equipment technologies are all-around camera systems, grade control systems for excavators, transparent buckets, and onboard weighing systems for wheel loaders. The all-around camera system is an additional alert system, which warns the operator of the presence of people or objects around them.

The positioning service displays a visual overview of all machines and vehicles on a site, which is accessible to personnel in the machines and office. The transparent bucket enables operators to see hidden objects that would otherwise be obscured by the bucket, reducing blind spots. An excavator equipped with a grade control system can read jobsite data captured by a drone or a manual survey. This system enables an operator to work more quickly and with a better understanding of the trench depth.

For example, Volvo CE introduced the Connected Map option to North American clients. Players in the mining sector are willing to pay an additional price for technology upgrades and new advanced equipment, boosting market growth for advanced heavy construction machinery.

RESTRAINT: Substantial Capital Investment

The purchase and maintenance of heavy construction equipment require substantial capital investments. The high cost creates entry barriers for new companies and limits the ability of small and medium-sized enterprises (SMEs) to invest in modern machinery, hindering their competitiveness and market participation. SMEs often face financial constraints, making it difficult to afford the high upfront costs purchasing or leasing advanced equipment. This restricts their access to efficient and productive machinery, impacting their ability to compete with larger firms. In some regions, limited access to financing options exacerbates the issue, further restricting SMEs' ability to acquire the latest equipment. This can lead to a reliance on outdated or less efficient machinery, which affects overall market growth.

Beyond the initial purchase, the ongoing operational costs, including maintenance and spare parts, add to the financial burden. These costs can be particularly challenging for SMEs, further limiting their participation in the market.

 

OPPORTUNITY: Electrification and Digitization of equipment

Electric construction equipment has substantial environmental advantages, including lower emissions and noise pollution. This corresponds with global sustainability goals and regulatory requirements, increasing the adoption of electric machinery in urban and environmentally sensitive locations.

Governments worldwide provide incentives such as tax credits and subsidies to encourage the adoption of electric equipment, making it more financially viable for companies to invest in these technologies. Improvements in battery technology have enhanced the performance and reliability of electric construction equipment, allowing for longer operational hours and reduced downtime.

Digitization through IoT and automation enhances operational efficiency by enabling real-time monitoring, predictive maintenance, and optimized resource allocation. Digital solutions improve productivity by minimizing errors and enhancing safety through automated systems and data-driven insights. The integration of digital technologies opens new market opportunities by enabling customized solutions and improving customer satisfaction through tailored services.

CHALLENGES: Development of Alternative Optimized Solutions

Controlling the speed and torque of the motor across a wide range of speed and load conditions is one of the challenges that heavy construction equipment manufacturers face. The battery and motor are the two fundamental elements of electric heavy construction equipment. Because a battery has a finite amount of stored energy, it must be used as efficiently as possible.

Since batteries in electric-powered heavy-duty construction equipment require a long time to recharge, battery charging is one of the main problems. This delays the return on investment and lengthens downtime. Leaks, corrosion, clogging, environment, and aging are other issues that battery thermal management systems must deal with. To address this issue, producers of heavy construction equipment and technological specialists are creating sophisticated battery thermal management systems.

Global Heavy Construction Equipment Market Ecosystem Analysis

Analyzing the interlinked connections between different stakeholders, such as suppliers of raw materials, manufacturers, distributors, contractors, and end users, is part of the heavy construction equipment ecosystem. Manufacturers acquire metals, tires, glass, and hydraulic tools from the raw material suppliers. In order to concentrate the supply chain and boost operational efficiency and profitability, distributors and suppliers are the ones who create communication between manufacturing firms and end users.

Heavy Construction Equipment Market
 

Material handling equipment type of heavy construction equipment products to be the fastest growing market by 2030, in terms of value.

Mechanical equipment used for the transportation, storage, management, and protection of materials, products, and goods during production, distribution, usage, and disposal is known as material-handling equipment. The four main categories of material-handling equipment are storage equipment, unit load formation equipment, positioning equipment, and transport equipment. It comprises machinery like forklifts, cranes, and conveyors.

Electric type of heavy construction equipment products to be the fastest growing market by 2028, in terms of value.

Currently available battery technology are insufficient to power large, conventional off-highway vehicles with substantial capacity. Therefore, the electrification of construction equipment is restricted to miniature versions of construction vehicles, such as compact/skid loaders and micro excavators, due to the low battery capacity. Cable-connected off-highway vehicles, where charging restrictions are lessened, are not widely available. With hybrid-electric technology, construction equipment that needs more electricity to run is used. Major hybrid-electric construction equipment includes mine dump trucks and dozers. Due to the growth of heavy construction projects, Asia Pacific is anticipated to be the largest market for electric heavy construction equipment throughout the forecast period. The Asia Pacific electric heavy equipment market is expected to develop at the highest compound annual growth rate (CAGR) of 5.8% between 2025 and 2030 due to the region's increasing electrification and the presence of numerous top equipment manufacturers.

5-10 L type of heavy construction equipment products to be the fastest growing market by 2030, in terms of value.

Roads, railroads, dams, urban infrastructure, and ground leveling are the main uses for construction equipment with engines that have a capacity of 5–10L. One of the main reasons influencing the demand for engines with a capacity of 5–10L is the rise in investment in commercial projects. This engine capacity category includes construction equipment such as road rollers, compactors, and crawler excavators, among others. Rough terrain requires the use of heavy construction equipment with 5–10L engines, which raises operating costs and fuel consumption. Since heavy machinery is utilized in large-scale infrastructure and commercial projects, there will likely be a continued strong demand for construction equipment in Asia with engines ranging from 5 to 10 liters.

< 100 HP type of heavy construction equipment products to be the second fastest growing market by 2030, in terms of value.

< 100 HP heavy construction equipment is easy to move and can complete work in a small area, which is particularly useful for projects involving highway maintenance and repair. Compact heavy construction equipment with < 100HP is especially useful in confined urban spaces. Compactors, loaders, and mini excavators are a few examples of low-power heavy construction equipment. Because they can operate in difficult-to-reach locations, < 100 HP construction equipment, such as micro excavators, is becoming more and more popular. Consequently, during the projected period, this trend will create a growth potential for the < 100 HP power category.

Heavy lifting application segment to be the second largest segment in the heavy construction equipment market, in terms of value.

The process of lowering and raising a load is known as heavy lifting operation. In the construction sector, lifting operations are essential. They are employed both when materials are being treated and when they are being transported from the storage location to the processing location. Tall buildings and massive frames are constructed using heavy lifting equipment. Heavy lifting equipment is specifically made to lift weights of several tons, as the name implies. The most widely utilized heavy lifting tools in the construction sector are cranes and telescopic handlers.

Infrastructure end-use industry segment to be the fastest growing segment in the heavy construction equipment market, in terms of value.

Applications for infrastructure can take many different forms, including the construction of ports, dams, aqueducts, railroads, bridges, highways, and other infrastructure. These projects, which are primarily funded by the government, can take years to finish, and the companies that are engaged might keep providing their services for years after that. In addition, the growing number of government infrastructure building projects and public-private partnerships in countries like the US, China, and India has helped the business grow. The US government has made significant investments in constructing railroad tracks, roads, and other infrastructure, all of which require the usage of large equipment like loaders and excavators.. For instance, in March 2021, the US President released a USD-2 trillion infrastructure plan that includes broadband, transportation, the electric grid, and residential and commercial structures.

 

Asia Pacific to be the fastest growing market in the heavy construction equipment market.

The largest mines and plans to operationalize new mining fields, along with an increase in shipbuilding activities in China, Japan, India, and Australia, are expected to keep Asia Pacific at the top of the global heavy construction equipment market, which accounted for 36.8% of the market by value. Due to the increase in projects like dams, airports, and hydroelectric projects, the market for heavy construction equipment has expanded, and as a result, numerous foreign businesses have established production facilities in this area.

There are some significant construction projects in the area, like the South to North Water Transfer Project (China) and Beijing New International Airport (China).

New pprojects acquired by China State Shipbuilding Corporation (CSSC), development activities in China-Pakistan Economic Corridor (CPEC), Songdo International Business District in South Korea, GIFT city and highway, tunneling and bridge construction projects of Indian government are few major projects that drive the demand for heavy construction equipment in the Asia Pacific market. These projects improved the investment activities in the region that has aided in boosting the market for heavy construction equipment.

Heavy Construction Equipment Market
HIGHEST CAGR MARKET FROM 2025 TO 2030
ASIA PACIFIC FASTEST-GROWING MARKET

Recent Developments of Heavy Construction Equipment Market

  • In February 2025, Liebherr AG launched its latest generation Luffing Jib cranes at Munich, Germany, as an update to its HC-L series. The company claims to offer significant improvements in the performance and also reduced its out-of-service time.
  • In January 2025, Volvo launched its articulated haulers, which is claimed to be equipped with sophisticated digital solutions at the aim to improve performance, reduce service and lead time, and follow the latest emission norms of the European Union.
  • In November 2024, Caterpillar launched an autonomous CAT 777 off-highway truck at Luck-stone Quarry. This product launch marked a significant milestone in Caterpillar’s onjective to deliver autonomous hauling solution for quarry and aggregates sector.
  • In March 2024, Caterpillar introduced upgraded latest variants of skiid steer loaders and compact track loaders. The company claims to offer improved performance and efficiency and provide good comfort for the operators.

Key Market Players

KEY PLAYERS IN THE HEAVY CONSTRUCTION EQUIPMENT MARKET INCLUDE

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Scope of the Report

Report Metric Details
Market size available for years 2021-2030
Base Year Considered 2024
Forecast period 2025-2030
Forecast units Value (USD Million), Volume (Units)
Segments covered By Machinery Type, By Application, By Propulsion Type, By Power Output, By Engine Capacity, By End-use Industry, Region
Geographies covered Europe, North America, Asia Pacific, South America, the Middle East, and Africa

Key Questions Addressed by the Report

Who are the major companies in the heavy construction equipment market? What key strategies have market players adopted to strengthen their market presence?
Major players include Caterpillar (US), Liebherr AG (Germany), Terex Corporation (US), Volvo Group (Sweden), Komatsu (Japan), Hitachi Construction Machinery Co., Ltd. (Japan), SANY Heavy Industry Co., Ltd. (China), HD Hyundai (South Korea), XCMG Group (China), CNH Industrial N.V. (UK), and J C Bamford Excavators Ltd (UK). The key strategies adopted by these companies include deals and expansions to strengthen their market position.
What are the drivers and opportunities for the heavy construction equipment market?
Drivers: Increasing investments in construction and infrastructure, rapid urbanization and population growth, technological advancements, and government investments in sustainable solutions. Opportunities: Demand for autonomous equipment, electrification and digitization, and growth in renting or leasing of equipment.
Which region is expected to hold the largest market share?
The Asia Pacific region is projected to hold the largest market share due to high demand from the mining and shipping industries, especially in South Korea and China, along with the presence of major equipment manufacturers.
What is the projected growth rate of the heavy construction equipment market over the next five years?
The market is projected to register a CAGR of 5.0% during the forecast period in terms of value.
How is the heavy construction equipment market aligned for future growth?
The market is growing at a moderate pace and is highly competitive, with multiple manufacturers offering various solutions for different applications. Growth is driven by industry needs, technological advancements, and regulatory factors, leading to diverse product offerings and varying technology adoption levels.

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
35
RESEARCH METHODOLOGY
40
EXECUTIVE SUMMARY
50
PREMIUM INSIGHTS
55
MARKET OVERVIEW
59
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Increasing investments and developments in construction and infrastructure sectors
    - Rapid urbanization and population growth
    - Technological advancements and upgradation of equipment
    - Government investments and supportive policies for sustainable solutions
    RESTRAINTS
    - Substantial capital investment
    - Socio-economic effects of heavy construction activities
    OPPORTUNITIES
    - Demand for autonomous heavy construction equipment
    - Electrification and digitization of equipment
    - Renting or leasing equipment
    CHALLENGES
    - Development of alternative optimized solutions
    - Lack of skilled labor force and maintenance and repair-related issues
  • 5.3 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.5 MACROECONOMICS OUTLOOK
    INTRODUCTION
    GDP TRENDS AND FORECAST
    TRENDS IN GLOBAL BUILDING & CONSTRUCTION INDUSTRY
    TRENDS IN GLOBAL INFRASTRUCTURE INDUSTRY
    TRENDS IN GLOBAL MINING INDUSTRY
  • 5.6 SUPPLY CHAIN ANALYSIS
    RAW MATERIAL/COMPONENT ANALYSIS
    FINAL PRODUCT ANALYSIS
  • 5.7 VALUE CHAIN ANALYSIS
  • 5.8 ECOSYSTEM ANALYSIS
  • 5.9 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND OF END-USE INDUSTRIES, BY KEY PLAYERS, 2024
    AVERAGE SELLING PRICE TREND, BY MACHINERY TYPE, 2022–2025
    AVERAGE SELLING PRICE TREND, BY APPLICATION, 2022–2025
    AVERAGE SELLING PRICE TREND, BY REGION, 2022–2025
  • 5.10 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 843149)
    EXPORT SCENARIO (HS CODE 843149)
  • 5.11 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Autonomous heavy construction equipment
    COMPLEMENTARY TECHNOLOGIES
    - Connected technologies
    - Grade control system
  • 5.12 IMPACT OF AI/GEN AI ON HEAVY CONSTRUCTION EQUIPMENT MARKET
    TOP USE CASES AND MARKET POTENTIAL
    BEST PRACTICES IN HEAVY CONSTRUCTION EQUIPMENT MARKET
    CASE STUDIES OF AI IMPLEMENTATION IN HEAVY CONSTRUCTION EQUIPMENT MARKET
    INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
    CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN HEAVY CONSTRUCTION EQUIPMENT MARKET
  • 5.13 PATENT ANALYSIS
    INTRODUCTION
    METHODOLOGY
    DOCUMENT TYPE
    INSIGHTS
    LEGAL STATUS OF PATENTS
    JURISDICTION ANALYSIS
    TOP APPLICANTS
    LIST OF PATENTS BY VOLVO GROUP
    LIST OF PATENTS BY DOOSAN INFRACORE CO., LTD.
    - LIST OF PATENTS BY KOREA IND TECH INST.
  • 5.14 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.15 KEY CONFERENCES AND EVENTS, 2024–2025
  • 5.16 CASE STUDY ANALYSIS
    TELENOR CONNEXION AB DEVELOPED EFFICIENT TELEMATIC SYSTEM FOR OPERATION IN REMOTE LOCATIONS
    VOLVO GROUP AND DAIMLER TRUCK PARTNERED TO CREATE HEAVY-DUTY COMMERCIAL VEHICLES
    KOMATSU LAUNCHED ELECTRIC MINI EXCAVATOR IN JAPANESE MARKET
  • 5.17 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.18 INVESTMENT AND FUNDING SCENARIO
HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
102
  • 6.1 INTRODUCTION
  • 6.2 <100 HP
    ROAD MAINTENANCE AND REPAIR PROJECTS TO DRIVE SEGMENT GROWTH
  • 6.3 101–200 HP
    LOW MAINTENANCE COST TO DRIVE MARKET
  • 6.4 201–400 HP
    INCREASING COMMERCIAL CONSTRUCTION PROJECTS TO DRIVE MARKET
  • 6.5 >400 HP
    NEW HEALTHCARE PROJECTS AND UPGRADING EXISTING FACILITIES TO DRIVE DEMAND
HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
112
  • 7.1 INTRODUCTION
  • 7.2 DIESEL
    INCREASED CONSTRUCTION AND MINING ACTIVITIES TO PROPEL GROWTH
  • 7.3 CNG/LNG/RNG
    DEMAND FOR ALTERNATIVE FUEL TO DRIVE MARKET
  • 7.4 ELECTRIC
    GROWING ELECTRIFICATION AND DIGITIZATION OF EQUIPMENT TO DRIVE MARKET
HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY
120
  • 8.1 INTRODUCTION
  • 8.2 <5 L
    DEMAND FOR COMPACT CONSTRUCTION EQUIPMENT TO DRIVE GROWTH
  • 8.3 5–10 L
    WIDE APPLICATION IN GROUND-LEVEL CONSTRUCTION TO BOOST DEMAND
  • 8.4 >10 L
    WIDE PREFERENCE IN LARGE INFRASTRUCTURE PROJECTS TO DRIVE MARKET
HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
128
  • 9.1 INTRODUCTION
  • 9.2 MATERIAL HANDLING
    EXTENSIVE USE IN END-USE INDUSTRIES TO DRIVE MARKET
  • 9.3 TRANSPORTATION
    RISING USE OF HAULERS IN BUILDING MATERIALS TO DRIVE MARKET
  • 9.4 EXCAVATION & DEMOLITION
    INCREASING DEMAND FOR LOW-FUEL CONSUMPTION EXCAVATORS TO DRIVE MARKET
  • 9.5 HEAVY LIFTING
    GROWING DEMAND FOR CRANES AND TELESCOPIC HANDLERS TO DRIVE MARKET
  • 9.6 TUNNELING
    INVESTMENTS IN IMPROVING ROAD AND RAIL CONNECTIVITY TO DRIVE SEGMENT
  • 9.7 RECYCLING & WASTE MANAGEMENT
    STRINGENT GOVERNMENT REGULATIONS TO DRIVE MARKET
HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY
141
  • 10.1 INTRODUCTION
  • 10.2 MINING
    INCREASING DEMAND FOR MINERALS AND RARE EARTH METALS TO DRIVE MARKET
  • 10.3 INFRASTRUCTURE
    RISE IN GOVERNMENT-FUNDED INFRASTRUCTURE PROJECTS TO DRIVE MARKET
  • 10.4 BUILDING & CONSTRUCTION
    COMMERCIAL DEVELOPMENTS IN EMERGING ECONOMIES TO DRIVE MARKET
  • 10.5 FORESTRY & AGRICULTURE
    HIGH DEMAND FOR DOZERS TO DRIVE MARKET
  • 10.6 OTHER END–USE INDUSTRIES
HEAVY CONSTRUCTION MARKET, BY REGION
152
  • 11.1 INTRODUCTION
  • 11.2 ASIA PACIFIC
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY
    ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
    - China
    - India
    - Japan
    - Australia
    - Rest of Asia Pacific
  • 11.3 EUROPE
    EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE
    EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
    EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
    EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
    EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY
    EUROPE:HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
    - Germany
    - France
    - UK
    - Russia
    - Rest of Europe
  • 11.4 NORTH AMERICA
    NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE
    NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
    NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
    NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
    NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY
    NORTH AMERICA:HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
    - US
    - Canada
    - Mexico
  • 11.5 MIDDLE EAST & AFRICA
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY
    MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
    - GCC Countries
    - South Africa
    - Rest of Middle East & Africa
  • 11.6 SOUTH AMERICA
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY TYPE
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT TYPE
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION TYPE
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY
    SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY
    - Brazil
    - Argentina
    - Chile
    - Peru
    - Rest of South America
COMPETITIVE LANDSCAPE
250
  • 12.1 OVERVIEW
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
  • 12.3 REVENUE ANALYSIS, 2019–2023
  • 12.4 MARKET SHARE ANALYSIS, 2023
  • 12.5 BRAND/PRODUCT COMPARISON
    EXCAVATORS (CATERPILLAR)
    EXCAVATORS (KOMATSU)
    EXCAVATORS (XCMG GROUP)
    EXCAVATORS (VOLVO GROUP)
  • 12.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2023
    - Company footprint
    - Region footprint
    - Machinery type footprint
    - Application footprint
    - Propulsion type footprint
    - Power output footprint
    - Engine capacity footprint
    - End-use industry footprint
  • 12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 12.8 COMPANY VALUATION AND FINANCIAL METRICS
  • 12.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
COMPANY PROFILES
280
  • 13.1 KEY PLAYERS
    CATERPILLAR
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    VOLVO GROUP
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    KOMATSU
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    HITACHI CONSTRUCTION MACHINERY CO., LTD.
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    TEREX CORPORATION
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    LIEBHERR AG
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    SANY GROUP
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    HD HYUNDAI
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    XCMG GROUP
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    CNH INDUSTRIAL N.V.
    - Business overview
    - Products offered
    - Recent developments
    - MnM view
    WACKER NEUSON SE
    - Business overview
    - Products offered
    - MnM view
    SUMITOMO HEAVY INDUSTRIES, LTD.
    - Business overview
    - Products offered
    - MnM view
  • 13.2 OTHER PLAYERS
    JC BAMFORD EXCAVATORS LTD.
    MANITOU GROUP
    ESCORTS KUBOTA LIMITED
    DEERE AND COMPANY
    ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.
    KOBELCO CONSTRUCTION MACHINERY CO., LTD.
    HIAB
    HIDROMEK
    DOOSAN BOBCAT
    MAHINDRA CONSTRUCTION EQUIPMENT
APPENDIX
345
  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS
  • 14.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 LIST OF INFRASTRUCTURE DEVELOPMENT PROJECTS
  • TABLE 2 KEY ELECTRIC AND HYBRID CONSTRUCTION EQUIPMENT MODELS
  • TABLE 3 HEAVY CONSTRUCTION EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY (%)
  • TABLE 5 KEY BUYING CRITERIA, BY END-USE INDUSTRY
  • TABLE 6 GDP PERCENTAGE CHANGE, BY KEY COUNTRY, 2021–2029
  • TABLE 7 HEAVY CONSTRUCTION EQUIPMENT MARKET: ROLES OF COMPANIES IN ECOSYSTEM
  • TABLE 8 AVERAGE SELLING PRICE OF END-USE INDUSTRIES, BY KEY PLAYERS, 2024 (USD MILLION/UNIT)
  • TABLE 9 AVERAGE SELLING PRICE OF HEAVY CONSTRUCTION EQUIPMENT, BY MACHINERY TYPE, 2022–2025 (USD MILLION/UNIT)
  • TABLE 10 AVERAGE SELLING PRICE OF HEAVY CONSTRUCTION EQUIPMENT, BY APPLICATION, 2022–2025 (USD MILLION/UNIT)
  • TABLE 11 AVERAGE SELLING PRICE OF HEAVY CONSTRUCTION EQUIPMENT, BY REGION, 2022–2025 (USD MILLION/UNIT)
  • TABLE 12 IMPORT DATA FOR HS CODE 843149 (PARTS OF MACHINERY HEADING 8426, 8429, AND 8430), 2024 (USD MILLION)
  • TABLE 13 EXPORT DATA FOR HS CODE 843149 (PARTS OF MACHINERY HEADING 8426, 8429, AND 8430), 2020–2024 (USD MILLION)
  • TABLE 14 TOP USE CASES AND MARKET POTENTIAL
  • TABLE 15 BEST PRACTICES: COMPANIES IMPLEMENTING USE CASES
  • TABLE 16 HEAVY CONSTRUCTION EQUIPMENT MARKET: CASE STUDIES RELATED TO GEN AI IMPLEMENTATION
  • TABLE 17 INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
  • TABLE 18 HEAVY CONSTRUCTION EQUIPMENT MARKET: TOTAL NUMBER OF PATENTS (JANUARY 2015–MARCH 2025)
  • TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 22 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 23 HEAVY CONSTRUCTION EQUIPMENT MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2024–2025
  • TABLE 24 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (USD MILLION)
  • TABLE 25 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (UNITS)
  • TABLE 26 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (USD MILLION)
  • TABLE 27 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (UNITS)
  • TABLE 28 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 29 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 30 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 31 <100 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 32 101–200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 33 101–200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 34 101–200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 35 101–200 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 36 201–400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 37 201–400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 38 201–400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 39 201–400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 40 >400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 41 >400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 42 >400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 43 >400 HP: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 44 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (USD MILLION)
  • TABLE 45 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (UNITS)
  • TABLE 46 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (USD MILLION)
  • TABLE 47 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (UNITS)
  • TABLE 48 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 49 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 50 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 51 DIESEL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 52 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 53 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 54 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 55 CNG/LNG/RNG: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 56 ELECTRIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 57 ELECTRIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 58 ELECTRIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 59 ELECTRIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 60 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 61 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (UNITS)
  • TABLE 62 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (USD MILLION)
  • TABLE 63 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (UNITS)
  • TABLE 64 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 65 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 66 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 67 <5 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 68 5–10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 69 5–10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 70 5–10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 71 5–10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 72 >10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 73 >10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 74 >10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 75 >10 L: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 76 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 77 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (UNITS)
  • TABLE 78 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 79 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (UNITS)
  • TABLE 80 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 81 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 82 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 83 MATERIAL HANDLING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 84 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 85 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 86 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 87 TRANSPORTATION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 88 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 89 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 90 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 91 EXCAVATION & DEMOLITION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 92 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 93 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 94 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 95 HEAVY LIFTING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 96 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 97 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 98 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 99 TUNNELING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 100 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 101 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 102 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 103 RECYCLING & WASTE MANAGEMENT: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 104 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 105 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 106 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 107 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 108 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 109 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 110 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 111 MINING: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 112 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 113 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 114 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 115 INFRASTRUCTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 116 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 117 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 118 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 119 BUILDING & CONSTRUCTION: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 120 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 121 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 122 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 123 FORESTRY & AGRICULTURE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 124 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 125 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 126 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 127 OTHER END-USE INDUSTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 128 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (USD MILLION)
  • TABLE 129 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2021–2024 (UNITS)
  • TABLE 130 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (USD MILLION)
  • TABLE 131 HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2025–2030 (UNITS)
  • TABLE 132 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 133 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (UNITS)
  • TABLE 134 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (USD MILLION)
  • TABLE 135 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (UNITS)
  • TABLE 136 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (USD MILLION)
  • TABLE 137 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (UNITS)
  • TABLE 138 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (USD MILLION)
  • TABLE 139 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (UNITS)
  • TABLE 140 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 141 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (UNITS)
  • TABLE 142 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (USD MILLION)
  • TABLE 143 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (UNITS)
  • TABLE 144 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (USD MILLION)
  • TABLE 145 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (UNITS)
  • TABLE 146 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (USD MILLION)
  • TABLE 147 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (UNITS)
  • TABLE 148 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 149 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024
  • TABLE 150 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 151 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (UNITS)
  • TABLE 152 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 153 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 154 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 155 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 156 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 157 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (UNITS)
  • TABLE 158 ASIA-PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 159 ASIA-PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (UNITS)
  • TABLE 160 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 161 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024
  • TABLE 162 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 163 CHINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 164 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 165 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024
  • TABLE 166 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 167 INDIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 168 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 169 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 170 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 171 JAPAN: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 172 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 173 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024
  • TABLE 174 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 175 AUSTRALIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 176 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 177 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024
  • TABLE 178 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 179 REST OF ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 180 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 181 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (UNITS)
  • TABLE 182 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (USD MILLION)
  • TABLE 183 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (UNITS)
  • TABLE 184 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (USD MILLION)
  • TABLE 185 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (UNITS)
  • TABLE 186 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (USD MILLION)
  • TABLE 187 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (UNITS)
  • TABLE 188 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 189 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MATERIAL, 2021–2024 (UNITS)
  • TABLE 190 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MATERIAL, 2025–2030 (USD MILLION)
  • TABLE 191 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (UNITS)
  • TABLE 192 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (USD MILLION)
  • TABLE 193 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (UNITS)
  • TABLE 194 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (USD MILLION)
  • TABLE 195 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (UNITS)
  • TABLE 196 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 197 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (UNITS)
  • TABLE 198 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 199 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (UNITS)
  • TABLE 200 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 201 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 202 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 203 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 204 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 205 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (UNITS)
  • TABLE 206 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 207 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (UNITS)
  • TABLE 208 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 209 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 210 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 211 GERMANY: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 212 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 213 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 214 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 215 FRANCE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 216 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 217 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 218 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 219 UK: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 220 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 221 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 222 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 223 RUSSIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 224 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 225 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 226 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 227 REST OF EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 228 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 229 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (UNITS)
  • TABLE 230 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (USD MILLION)
  • TABLE 231 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (UNITS)
  • TABLE 232 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (USD MILLION)
  • TABLE 233 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (UNITS)
  • TABLE 234 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (USD MILLION)
  • TABLE 235 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (UNITS)
  • TABLE 236 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 237 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT, BY MATERIAL, 2021–2024 (UNITS)
  • TABLE 238 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MATERIAL, 2025–2030 (USD MILLION)
  • TABLE 239 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (UNITS)
  • TABLE 240 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (USD MILLION)
  • TABLE 241 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (UNITS)
  • TABLE 242 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (USD MILLION)
  • TABLE 243 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (UNITS)
  • TABLE 244 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 245 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (UNITS)
  • TABLE 246 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 247 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (UNITS)
  • TABLE 248 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 249 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 250 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 251 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 252 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 253 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (UNITS)
  • TABLE 254 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 255 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (UNITS)
  • TABLE 256 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 257 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MATERIAL, 2021–2024 (UNITS)
  • TABLE 258 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MATERIAL, 2025–2030 (USD MILLION)
  • TABLE 259 US: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MATERIAL, 2025–2030 (UNITS)
  • TABLE 260 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 261 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 262 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 263 CANADA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 264 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 265 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 266 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 267 MEXICO: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 268 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 269 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (UNITS)
  • TABLE 270 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (USD MILLION)
  • TABLE 271 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (UNITS)
  • TABLE 272 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (USD MILLION)
  • TABLE 273 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (UNITS)
  • TABLE 274 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (USD MILLION)
  • TABLE 275 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (UNITS)
  • TABLE 276 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT TYPE, 2021–2024 (USD MILLION)
  • TABLE 277 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (UNITS)
  • TABLE 278 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (USD MILLION)
  • TABLE 279 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (UNITS)
  • TABLE 280 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 281 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (UNITS)
  • TABLE 282 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (USD MILLION)
  • TABLE 283 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (UNITS)
  • TABLE 284 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 285 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (UNITS)
  • TABLE 286 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 287 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (UNITS)
  • TABLE 288 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 289 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 290 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 291 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 292 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 293 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (UNITS)
  • TABLE 294 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 295 MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (UNITS)
  • TABLE 296 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 297 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 298 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 299 QATAR: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 300 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 301 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 302 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 303 SAUDI ARABIA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 304 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 305 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 306 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 307 UAE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 308 REST OF GCC COUNTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 309 REST OF GCC COUNTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 310 REST OF GCC COUNTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 311 REST OF GCC COUNTRIES: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 312 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 313 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 314 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 315 SOUTH AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 316 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 317 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 318 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 319 REST OF MIDDLE EAST & AFRICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 320 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (USD MILLION)
  • TABLE 321 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2021–2024 (UNITS)
  • TABLE 322 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (USD MILLION)
  • TABLE 323 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY MACHINERY TYPE, 2025–2030 (UNITS)
  • TABLE 324 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (USD MILLION)
  • TABLE 325 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2021–2024 (UNITS)
  • TABLE 326 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (USD MILLION)
  • TABLE 327 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE, 2025–2030 (UNITS)
  • TABLE 328 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (USD MILLION)
  • TABLE 329 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2021–2024 (UNITS)
  • TABLE 330 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (USD MILLION)
  • TABLE 331 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2025–2030 (UNITS)
  • TABLE 332 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (USD MILLION)
  • TABLE 333 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2021–2024 (UNITS)
  • TABLE 334 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (USD MILLION)
  • TABLE 335 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2025–2030 (UNITS)
  • TABLE 336 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
  • TABLE 337 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2021–2024 (UNITS)
  • TABLE 338 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
  • TABLE 339 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2025–2030 (UNITS)
  • TABLE 340 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 341 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 342 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 343 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 344 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
  • TABLE 345 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2021–2024 (UNITS)
  • TABLE 346 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
  • TABLE 347 SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2025–2030 (UNITS)
  • TABLE 348 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 349 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 350 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 351 BRAZIL: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 352 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 353 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 354 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 355 ARGENTINA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 356 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 357 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 358 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 359 CHILE: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 360 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 361 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 362 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 363 PERU: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 364 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
  • TABLE 365 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2021–2024 (UNITS)
  • TABLE 366 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
  • TABLE 367 REST OF SOUTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY, 2025–2030 (UNITS)
  • TABLE 368 HEAVY CONSTRUCTION EQUIPMENT MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, JANUARY 2019–JANUARY 2025
  • TABLE 369 HEAVY CONSTRUCTION EQUIPMENT MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 370 HEAVY CONSTRUCTION EQUIPMENT MARKET: REGION FOOTPRINT
  • TABLE 371 HEAVY CONSTRUCTION EQUIPMENT MARKET: MACHINERY TYPE FOOTPRINT
  • TABLE 372 HEAVY CONSTRUCTION EQUIPMENT MARKET: APPLICATION FOOTPRINT
  • TABLE 373 HEAVY CONSTRUCTION EQUIPMENT MARKET: PROPULSION TYPE FOOTPRINT
  • TABLE 374 HEAVY CONSTRUCTION EQUIPMENT MARKET: POWER OUTPUT FOOTPRINT
  • TABLE 375 HEAVY CONSTRUCTION EQUIPMENT MARKET: ENGINE CAPACITY FOOTPRINT
  • TABLE 376 HEAVY CONSTRUCTION EQUIPMENT MARKET: END-USE INDUSTRY FOOTPRINT
  • TABLE 377 HEAVY CONSTRUCTION EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 378 HEAVY CONSTRUCTION EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 379 HEAVY CONSTRUCTION EQUIPMENT MARKET: PRODUCT LAUNCHES, JANUARY 2019–JANUARY 2025
  • TABLE 380 HEAVY CONSTRUCTION EQUIPMENT MARKET: DEALS, JANUARY 2019–JANUARY 2025
  • TABLE 381 HEAVY CONSTRUCTION EQUIPMENT MARKET: EXPANSIONS, JANUARY 2019– JANUARY 2025
  • TABLE 382 CATERPILLAR: COMPANY OVERVIEW
  • TABLE 383 CATERPILLAR: PRODUCTS OFFERED
  • TABLE 384 CATERPILLAR: DEALS, JANUARY 2019–JANUARY 2025
  • TABLE 385 CATERPILLAR: PRODUCT LAUNCHES
  • TABLE 386 VOLVO GROUP: COMPANY OVERVIEW
  • TABLE 387 VOLVO GROUP: PRODUCTS OFFERED
  • TABLE 388 VOLVO GROUP: DEALS, JANUARY 2019–JANUARY 2025
  • TABLE 389 VOLVO GROUP: PRODUCT LAUNCHES
  • TABLE 390 VOLVO GROUP: EXPANSIONS
  • TABLE 391 KOMATSU: COMPANY OVERVIEW
  • TABLE 392 KOMATSU: PRODUCTS OFFERED
  • TABLE 393 KOMATSU: PRODUCT LAUNCHES
  • TABLE 394 KOMATSU: DEALS
  • TABLE 395 KOMATSU: EXPANSIONS
  • TABLE 396 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
  • TABLE 397 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED
  • TABLE 398 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES
  • TABLE 399 HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS
  • TABLE 400 HITACHI CONSTRUCTION MACHINERY CO., LTD.: EXPANSIONS
  • TABLE 401 TEREX CORPORATION: COMPANY OVERVIEW
  • TABLE 402 TEREX CORPORATION: PRODUCTS OFFERED
  • TABLE 403 TEREX CORPORATION: PRODUCT LAUNCHES
  • TABLE 404 TEREX CORPORATION: DEALS
  • TABLE 405 LIEBHERR AG: COMPANY OVERVIEW
  • TABLE 406 LIEBHERR AG: PRODUCTS OFFERED
  • TABLE 407 LIEBHERR AG: PRODUCT LAUNCHES
  • TABLE 408 LIEBHERR AG: DEALS
  • TABLE 409 LIEBHERR AG: EXPANSIONS
  • TABLE 410 SANY GROUP: COMPANY OVERVIEW
  • TABLE 411 SANY GROUP: PRODUCTS OFFERED
  • TABLE 412 SANY GROUP: PRODUCT LAUNCHES
  • TABLE 413 SANY GROUP: DEALS
  • TABLE 414 HD HYUNDAI: COMPANY OVERVIEW
  • TABLE 415 HD HYUNDAI: PRODUCTS OFFERED
  • TABLE 416 HD HYUNDAI: PRODUCT LAUNCHES
  • TABLE 417 HD HYUNDAI: DEALS
  • TABLE 418 HD HYUNDAI: EXPANSIONS
  • TABLE 419 XCMG GROUP: COMPANY OVERVIEW
  • TABLE 420 XCMG GROUP: PRODUCTS OFFERED
  • TABLE 421 XCMG GROUP: PRODUCT LAUNCHES
  • TABLE 422 XCMG GROUP: DEALS
  • TABLE 423 XCMG GROUP: EXPANSIONS
  • TABLE 424 CNH INDUSTRIAL N.V.: COMPANY OVERVIEW
  • TABLE 425 CNH INDUSTRIAL N.V.: PRODUCTS OFFERED
  • TABLE 426 CNH INDUSTRIAL N.V.: PRODUCT LAUNCHES
  • TABLE 427 CNH INDUSTRIAL N.V.: DEALS
  • TABLE 428 CNH INDUSTRIAL N.V.: EXPANSIONS
  • TABLE 429 WACKER NEUSON SE: COMPANY OVERVIEW
  • TABLE 430 WACKER NEUSON SE: PRODUCTS OFFERED
  • TABLE 431 SUMITOMO HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW
  • TABLE 432 SUMITOMO HEAVY INDUSTRIES, LTD.: PRODUCTS OFFERED
  • TABLE 433 JC BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW
  • TABLE 434 MANITOU GROUP: COMPANY OVERVIEW
  • TABLE 435 ESCORTS KUBOTA LIMITED: COMPANY OVERVIEW
  • TABLE 436 DEERE AND COMPANY: COMPANY OVERVIEW
  • TABLE 437 ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
  • TABLE 438 KOBELCO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
  • TABLE 439 HIAB: COMPANY OVERVIEW
  • TABLE 440 HIDROMEK: COMPANY OVERVIEW
  • TABLE 441 DOOSAN BOBCAT: COMPANY OVERVIEW
  • TABLE 442 MAHINDRA CONSTRUCTION EQUIPMENT: COMPANY OVERVIEW
LIST OF FIGURES
 
  • FIGURE 1 HEAVY CONSTRUCTION EQUIPMENT MARKET: SEGMENTATION AND REGIONAL SCOPE
  • FIGURE 2 HEAVY CONSTRUCTION EQUIPMENT MARKET: RESEARCH DESIGN
  • FIGURE 3 HEAVY CONSTRUCTION EQUIPMENT MARKET: BOTTOM-UP APPROACH
  • FIGURE 4 HEAVY CONSTRUCTION EQUIPMENT MARKET: TOP-DOWN APPROACH
  • FIGURE 5 HEAVY CONSTRUCTION EQUIPMENT MARKET: DATA TRIANGULATION
  • FIGURE 6 EARTHMOVING EQUIPMENT MACHINERY TYPE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 7 MATERIAL HANDLING APPLICATION TO HOLD LARGEST MARKET SHARE IN 2030
  • FIGURE 8 DIESEL PROPULSION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 9 101–200 HP POWER OUTPUT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 10 <5 L ENGINE CAPACITY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 11 MINING WAS LARGEST END-USE INDUSTRY IN 2024
  • FIGURE 12 ASIA PACIFIC RECORDED LARGEST MARKET SHARE IN 2024
  • FIGURE 13 GROWTH OF INFRASTRUCTURE SEGMENT TO DRIVE MARKET
  • FIGURE 14 MATERIAL HANDLING EQUIPMENT SEGMENT TO RECORD HIGHEST CAGR BETWEEN 2025 AND 2030
  • FIGURE 15 MATERIAL HANDLING TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 16 ELECTRIC HEAVY MACHINERY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 17 200–400 HP POWERED OUTPUT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 18 <5 L ENGINE CAPACITY SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 19 MINING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 20 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 21 HEAVY CONSTRUCTION EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 22 HEAVY CONSTRUCTION EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE INDUSTRY
  • FIGURE 24 KEY BUYING CRITERIA, BY END-USE INDUSTRY
  • FIGURE 25 HEAVY CONSTRUCTION EQUIPMENT MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 26 HEAVY CONSTRUCTION EQUIPMENT MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 27 HEAVY CONSTRUCTION EQUIPMENT MARKET: KEY PLAYERS IN ECOSYSTEM
  • FIGURE 28 HEAVY CONSTRUCTION EQUIPMENT MARKET: ECOSYSTEM
  • FIGURE 29 AVERAGE SELLING PRICE TREND OF END-USE INDUSTRIES, BY KEY PLAYERS, 2024
  • FIGURE 30 AVERAGE SELLING PRICE TREND OF HEAVY CONSTRUCTION EQUIPMENT, BY MACHINERY TYPE, 2022–2025
  • FIGURE 31 AVERAGE SELLING PRICE TREND OF HEAVY CONSTRUCTION EQUIPMENT, BY APPLICATION, 2022–2025
  • FIGURE 32 AVERAGE SELLING PRICE TREND OF HEAVY CONSTRUCTION EQUIPMENT, BY REGION, 2022–2025
  • FIGURE 33 IMPORT DATA RELATED TO HS CODE 843149 (PARTS OF MACHINERY HEADING 8426, 8429, AND 8430), BY KEY COUNTRY, 2020–2024
  • FIGURE 34 EXPORT DATA FOR HS CODE 843149 (PARTS OF MACHINERY HEADING 8426, 8429, AND 8430), BY KEY COUNTRY, 2020–2024
  • FIGURE 35 PATENT ANALYSIS, BY DOCUMENT TYPE (JANUARY 2015–MARCH 2025)
  • FIGURE 36 PATENT PUBLICATION TRENDS, 2015−2025
  • FIGURE 37 HEAVY CONSTRUCTION EQUIPMENT MARKET: LEGAL STATUS OF PATENTS (JANUARY 2015–JANUARY 2025)
  • FIGURE 38 JURISDICTION OF CHINA REGISTERED HIGHEST NUMBER OF PATENTS (JANUARY 2014–JULY 2024)
  • FIGURE 39 TOP PATENT APPLICANTS (JANUARY 2015–MARCH 2025)
  • FIGURE 40 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 41 HEAVY CONSTRUCTION EQUIPMENT MARKET: INVESTMENT AND FUNDING SCENARIO, 2025 (USD BILLION)
  • FIGURE 42 101–200 HP SEGMENT TO DOMINATE HEAVY CONSTRUCTION EQUIPMENT MARKET BY 2030
  • FIGURE 43 DIESEL SEGMENT ACCOUNTED FOR MAJOR MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 44 <5 L SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
  • FIGURE 45 MATERIAL HANDLING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 46 MINING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 47 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 48 ASIA PACIFIC: HEAVY CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
  • FIGURE 49 EUROPE: HEAVY CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
  • FIGURE 50 NORTH AMERICA: HEAVY CONSTRUCTION EQUIPMENT MARKET SNAPSHOT
  • FIGURE 51 HEAVY CONSTRUCTION EQUIPMENT MARKET: REVENUE ANALYSIS OF KEY PLAYERS, 2019–2023
  • FIGURE 52 HEAVY CONSTRUCTION EQUIPMENT MARKET SHARE ANALYSIS, 2023
  • FIGURE 53 HEAVY CONSTRUCTION EQUIPMENT MARKET: BRAND/PRODUCT COMPARISON
  • FIGURE 54 HEAVY CONSTRUCTION EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 55 HEAVY CONSTRUCTION EQUIPMENT MARKET: COMPANY FOOTPRINT
  • FIGURE 56 HEAVY CONSTRUCTION EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 57 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS
  • FIGURE 58 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS
  • FIGURE 59 CATERPILLAR: COMPANY SNAPSHOT
  • FIGURE 60 VOLVO GROUP: COMPANY SNAPSHOT
  • FIGURE 61 KOMATSU: COMPANY SNAPSHOT
  • FIGURE 62 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 63 TEREX CORPORATION: COMPANY SNAPSHOT
  • FIGURE 64 LIEBHERR AG: COMPANY SNAPSHOT
  • FIGURE 65 HD HYUNDAI: COMPANY SNAPSHOT
  • FIGURE 66 CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT
  • FIGURE 67 WACKER NEUSON GROUP: COMPANY SNAPSHOT
  • FIGURE 68 SUMITOMO HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT

The study involves two major activities in estimating the current market size for the heavy construction equipment market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

Secondary sources referred to for this research study include financial statements of companies offering heavy construction equipment and information from various trade, business, and professional associations. Secondary research has been used to obtain critical information about the industry’s value chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. The secondary data was collected and analyzed to arrive at the overall size of the heavy construction equipment market, which was validated by primary respondents.

Primary Research

Extensive primary research was conducted after obtaining information regarding the heavy construction equipment market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, product development/innovation teams, and related key executives from heavy construction equipment industry vendors; system integrators; component providers; distributors; and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to resin type, fiber type, application, end-use industry, and region. Stakeholders from the demand side, such as CIOs, CTOs, CSOs, and installation teams of the customer/end users who are seeking heavy construction equipment services, were interviewed to understand the buyer’s perspective on the suppliers, products, component providers, and their current usage of heavy construction equipment and future outlook of their business which will affect the overall market.

The Breakup of Primary Research:

Heavy Construction Equipment Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The research methodology used to estimate the size of the heavy construction equipment market includes the following details. The market sizing of the market was undertaken from the demand side. The market was upsized based on the demand for heavy construction equipment in different applications at a regional level. Such procurements provide information on the demand aspects of the heavy construction equipment industry for each application. For each application, all possible segments of the heavy construction equipment market were integrated and mapped.

Heavy Construction Equipment Market

Data Triangulation

After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures explained below were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Market Definition

Heavy construction equipment is specialized machinery that weighs more than 12 metric tons and is utilized for certain construction or demolition jobs. The temporary, semi-permanent, or permanent equipment is primarily used for earthmoving, lifting containers or items, drilling holes in rock or dirt, and concrete and paving applications.

Stakeholders

  • Equipment Manufacturers
  • Distributors and Service Providers
  • Universities, Governments, and Research Organizations
  • Associations and Industrial Bodies
  • R&D Institutes
  • Investment Banks and Private Equity Firms
  • Research and Consulting Firms

Report Objectives

  • To define and segment the heavy construction equipment market based on machinery type, application, propulsion type, power output, engine capacity, end-use industry, and region
  • To provide detailed information regarding the key factors, such as drivers, restraints, opportunities, and challenges influencing market growth
  • To analyze market segments and forecast the market sizes based on machinery type, application, propulsion type, power output, engine capacity, end-use industry, and region
  • To forecast the market size concerning five main regions (along with country-level data), namely, North America, Europe, Asia Pacific, Middle East & Africa, and South America, and analyze the significant region-specific trends
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions of the submarkets to the overall market
  • To analyze the market opportunities and the competitive landscape for stakeholders and market leaders
  • To assess recent market developments and competitive strategies, such as agreements, contracts, acquisitions, and new product developments/new product launches, to draw the competitive landscape
  • To strategically profile the key market players and comprehensively analyze their core competencies

Previous Versions of this Report

Heavy Construction Equipment Market by Machinery Type (Earthmoving equipment, Material Handling Equipment, Heavy Construction Vehicles), Propulsion Type (Diesel, CNG/LNG/RNG, Electric), Engine Capacity, End-Use Industry & Region-Global Forecast to 2028

Report Code BC 3630
Published in Sep, 2023, By MarketsandMarkets™

Heavy Construction Equipment Market by Type (Earthmoving, Material Handling, Heavy Construction Vehicles), End-Use Industry (Construction & Manufacturing, Public Work & Rail Road, Mining), Application, and Region - Global Forecast to 2021

Report Code BC 3630
Published in Jan, 2017, By MarketsandMarkets™

Heavy Construction Equipment Market by type (Earthmoving, Material Handling, Heavy Construction Vehicles), Application (Excavation & demolition, Heavy Lifting, Material Handling & Others), Industry (Infrastructure, Construction & Others) - Forecast to 2020

Report Code ED 2079
Published in Jul, 2015, By MarketsandMarkets™

Heavy Construction Equipment Market: By Types (Earthmoving, Material Handling, Heavy Construction Vehicles, Others), Application Areas (Infrastructure, Commercial, Residential), and Geography - Global Trends & Forecast To 2018

Report Code ED 2079
Published in Jul, 2013, By MarketsandMarkets™
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Growth opportunities and latent adjacency in Heavy Construction Equipment Market

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