Global Construction Equipment Market Research Report, 2022-2027

Global Construction Equipment Market was recorded around USD 147 Billion in the year 2021, owing to the increasing demand for the infrastructural construction worldwide.

Featured Companies

  • 1. Caterpillar Private Limited
  • 2. CNH Industrial
  • 3. Doosan Infracore
  • 4. Epiroc
  • 5. Hitachi Construction Machinery Co. Ltd
  • 6. J C Bamford Excavators Ltd
  • More...

The high capital-intensive investment requiring construction machineries has been a vital part of the economy globally. These equipments not only helps in decreasing the time involved in the process, but also increases the efficiency of the process with less human intervention. The work efficiency has increased quite well with the inclusion of the machineries which have made it possible for the construction contractors to complete multiple projects at a time. The need for abrupt and flawless constructions has propelled the demand in the construction equipment market across the world. The higher productivity with an optimum fuel usage is the prime factor that the customer looks for in such construction support equipments, as the investment made behind such purchase are high. According to the report, recently published by Actual Market Research, titled 'Global Construction Equipment Market Research Report, 2027’; the need for abrupt and flawless constructions has propelled the demand in the construction equipment market across the world. The overall global construction market was recorded around USD 147 Billion in the year 2021, owing to the increasing demand for the infrastructural construction worldwide. The dominating earthmoving machinery sector is expected to show a decline in the market share by the forecasted period, while the road construction equipment is expected to witness prominent market growth. While the developed countries are expected to increase in demand for the material handling machineries, the economically backward governments are to shift their concentration towards road transportation development, which would be a great support the economic boost.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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As the global construction equipment market is growing, the market has shown a growth at the individual regional levels too. Regionally the major shareholder for construction equipment market is Asia Pacific. The region has shown an increasing trend over the years in this segment. This increasing demand in the construction equipment industry is due to the increasing investment in the infrastructural development in the developing countries of the region. The smaller regions of Latin America and Middle East & African countries are likely to show an increase in the market share. The US accounts to the highest market share in the global equipment market as an individual country. Since last many decades, the use of concrete and stones are popular among the road building materials due to its high durability and resistance to extreme weather conditions. The demand for these type of machinery have 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 a better support to economy. The increasing urban population would increase the demand of public transports and better road networks. With the help of advanced technologies, the road networks are expected to have smart concrete materials used in its constructions. This is expected to grow the demand for the more dynamic equipments that would fulfill the requirements of the contractors. On the other hand, the vertical expansion in constructions is to let the material handling machinery segment cover a market of more than 20%. The pandemic is likely to leave the economic shaken and resulting into a fall of construction and the real estate industry. Moreover, the industry has been facing a shortage of skilled labors over the past few years. As the existing labor force is retiring due to the age factor, the industry is in struggle to fill up the positions. Even though these machineries are designed to meet the labor shortage, the operators need to be technically skilled enough to handle them.

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Kripa Shah

Kripa Shah

Senior Analyst

Major Companies Present In the Market Caterpillar Private Limited, CNH Industrial, Doosan Infracore, Epiroc Construction Machinery Co. Ltd, Hitachi Construction Machinery Co. Ltd, J C Bamford Excavators Ltd, John Deere Ltd, Kobe Steel Ltd, Komatsu Ltd., Kubota Corporation, Liebherr Group, Metso Corporation, Sandvik Mining And Rock Technology, 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)

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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 Earth Moving Machinery • Excavators • Loaders • Dozers • Motor Graders By Material Handling Machinery • Dumper /Dump Truck/ Tippers • Cranes (Tower Crane, Mobile Crane) • Telescopic Handlers • Forklift 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
  • CNH Industrial
  • Doosan Infracore
  • Epiroc
  • Hitachi Construction Machinery Co. Ltd
  • J C Bamford Excavators Ltd
  • John Deere Ltd
  • Kobe Steel Ltd
  • Komatsu
  • Kubota Corporation
  • Liebherr
  • Metso
  • Sandvik Mining And Rock Technology
  • Sany
  • Terex Corporation
  • Volvo Construction Equipments
  • Zoomlion
  • XCMG

Table of Contents

  • 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 Construction Equipments Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share
  • 9.2.1. By Country
  • 9.2.2. By Application
  • 9.2.3. By Equipments
  • 9.3. North America Earth Moving Machinery Market Outlook
  • 9.3.1. Market Size By Value By Country
  • 9.3.2. Market Share By Equipments
  • 9.4. North America Material Handling Machinery Market Outlook
  • 9.4.1. Market Size By Value By Country
  • 9.4.2. Market Share By Equipments
  • 9.5. North America Concrete and Road Construction Machinery Market Outlook
  • 9.5.1. Market Size By Value By Country
  • 9.5.2. Market Share By Equipments
  • 10. Europe Construction Equipments Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share
  • 10.2.1. By Country
  • 10.2.2. By Application
  • 10.2.3. By Equipments
  • 10.3. Europe Earth Moving Machinery Market Outlook
  • 10.3.1. Market Size By Value By Country
  • 10.3.2. Market Share By Equipments
  • 10.4. Europe Material Handling Machinery Market Outlook
  • 10.4.1. Market Size By Value By Country
  • 10.4.2. Market Share By Equipments
  • 10.5. Europe Concrete and Road Construction Machinery Market Outlook
  • 10.5.1. Market Size By Value By Country
  • 10.5.2. Market Share By Equipments
  • 11. Asia-Pacific Construction Equipments Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share
  • 11.2.1. By Country
  • 11.2.2. By Application
  • 11.2.3. By Equipments
  • 11.3. Asia-Pacific Earth Moving Machinery Market Outlook
  • 11.3.1. Market Size By Value By Country
  • 11.3.2. Market Share By Equipments
  • 11.4. Asia-Pacific Material Handling Machinery Market Outlook
  • 11.4.1. Market Size By Value By Country
  • 11.4.2. Market Share By Equipments
  • 11.5. Asia-Pacific Concrete and Road Construction Machinery Market Outlook
  • 11.5.1. Market Size By Value By Country
  • 11.5.2. Market Share By Equipments
  • 12. South America Construction Equipments Market Outlook
  • 12.1. Market Size By Value
  • 12.2. Market Share
  • 12.2.1. By Country
  • 12.2.2. By Application
  • 12.2.3. By Equipments
  • 12.3. South America Earth Moving Machinery Market Outlook
  • 12.3.1. Market Size By Value By Country
  • 12.3.2. Market Share By Equipments
  • 12.4. South America Material Handling Machinery Market Outlook
  • 12.4.1. Market Size By Value By Country
  • 12.4.2. Market Share By Equipments
  • 12.5. South America Concrete and Road Construction Machinery Market Outlook
  • 12.5.1. Market Size By Value By Country
  • 12.5.2. Market Share By Equipments
  • 13. Middle East & Africa Construction Equipments Market Outlook
  • 13.1. Market Size By Value
  • 13.2. Market Share
  • 13.2.1. By Country
  • 13.2.2. By Application
  • 13.2.3. By Equipments
  • 13.3. Middle East & Africa Earth Moving Machinery Market Outlook
  • 13.3.1. Market Size By Value By Country
  • 13.3.2. Market Share By Equipments
  • 13.4. Middle East & Africa Material Handling Machinery Market Outlook
  • 13.4.1. Market Size By Value By Country
  • 13.4.2. Market Share By Equipments
  • 13.5. Middle East & Africa Concrete and Road Construction Machinery Market Outlook
  • 13.5.1. Market Size By Value By Country
  • 13.5.2. 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. CNH Industrial
  • 16.3. Doosan Infracore
  • 16.4. Epiroc Construction Machinery Co. Ltd
  • 16.5. Hitachi Construction Machinery Co. Ltd
  • 16.6. J C Bamford Excavators Ltd
  • 16.7. John Deere Ltd
  • 16.8. Kobe Steel Ltd
  • 16.9. Komatsu Ltd.
  • 16.10. Kubota Corporation
  • 16.11. Liebherr Group
  • 16.12. Metso Corporation
  • 16.13. Sandvik Mining And Rock Technology
  • 16.14. Sany Group
  • 16.15. Terex Corporation
  • 16.16. Volvo Construction Equipments
  • 16.17. XCMG Ltd.
  • 16.18. 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: North America Construction Equipments Market Share By Country (2016, 2021&2027F)
Table 11: Europe Construction Equipments Market Share By Country (2016, 2021&2027F)
Table 12: Asia-Pacific Construction Equipments Market Share By Country (2016, 2021 & 2027F)
Table 13: South America Construction Equipments Market Share By Country (2016, 2021 & 2027F)
Table 14: Middle East & Africa Construction Equipments Market Share By Country (2016, 2021 & 2027F)
Table 15: Key Facts of Caterpillar Private Limited
Table 16: Key Facts of CNH Industrial
Table 17: Key Facts of Doosan Infracore
Table 18: Key Facts of Epiroc Construction Machinery Co. Ltd
Table 19: Key Facts of Hitachi Construction Machinery Co. Ltd
Table 20: Key Facts of J C Bamford Excavators Ltd
Table 21: Key Facts of John Deere Ltd
Table 22: Key Facts of Kobe Steel Ltd
Table 23: Key Facts of Komatsu Ltd.
Table 24: Key Facts of Kubota Corporation
Table 25: Key Facts of Liebherr Group
Table 26: Key Facts of Metso Corporation
Table 27: Key Facts of Sandvik Mining And Rock Technology
Table 28: Key Facts of Sany Group
Table 29: Key Facts of Terex Corporation
Table 30: Key Facts of Volvo Construction Equipments
Table 31: Key Facts of XCMG Ltd.
Table 32: 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 Construction Equipments Market Size By Value 2016 to 2027F (In USD Billion)
Figure 10: North America Construction Equipments Market Share By Application (2016, 2021 & 2027F)
Figure 11: North America Construction Equipments Market Share By Equipments (In USD Billion)
Figure 12: North America Earth Moving Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 13: North America Material Handling Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 14: North America Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 15: Europe Construction Equipments Market Size By Value 2016 to 2027F (In USD Billion)
Figure 16: Europe Construction Equipments Market Share By Application (2016, 2021 & 2027F)
Figure 17: Europe Construction Equipments Market Share By Equipments (In USD Billion)
Figure 18: Europe Earth Moving Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 19: Europe Material Handling Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 20: Europe Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 21: Asia-Pacific Construction Equipments Market Size By Value 2016 to 2027F (In USD Billion)
Figure 22: Asia-Pacific Construction Equipments Market Share By Application (2016, 2021 & 2027F)
Figure 23: Asia-Pacific Construction Equipments Market Share By Equipments (In USD Billion)
Figure 24: Asia-Pacific Earth Moving Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 25: Asia-Pacific Material Handling Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 26: Asia-Pacific Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 27: South America Construction Equipments Market Size By Value 2016 to 2027F (In USD Billion)
Figure 28: South America Construction Equipments Market Share By Application (2016, 2021 & 2027F)
Figure 29: South America Construction Equipments Market Share By Equipments (In USD Billion)
Figure 30: South America Earth Moving Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 31: South America Material Handling Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 32: South America Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 33: Middle East & Africa Construction Equipments Market Size By Value 2016 to 2027F (In USD Billion)
Figure 34: Middle East & Africa Construction Equipments Market Share By Application (2016, 2021 & 2027F)
Figure 35: Middle East & Africa Construction Equipments Market Share By Equipments (In USD Billion)
Figure 36: Middle East & Africa Earth Moving Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 37: Middle East & Africa Material Handling Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 38: Middle East & Africa Concrete and Road Construction Machinery Market Share By Equipments (2016, 2021 & 2027F)
Figure 39: Market Attractiveness Index, 2021
Figure 40: Market Attractiveness Index, 2027F

Market Research FAQs

The globalconsturction equipment market accounted to more than USD 110 Billion in the year 2014, and in expected to grow at a CAGR of more than 5% during the forecasted period

Asia Pacific contributes approximately more than 25%, which is highest in the global consturction equipment market share.

In the overall global consturction equipment market, the concrete and road construction equipment is most profitable in the forecasted period, growing with a CAGR of less than 10%

By machine type, the telescopic handlers used in constructions is expected to grow with high CAGR of more than 8% in global consturction equipment market

Caperpillar, Doosan, Epiroc, Hitachi Constructions, JCB, John Deere, Kobelco, Komatsu, Kubota, Liebherr, Metso, Sandvik Mining And Rock Technology, Sany, Terex, Volvo Construction Equipment, Zoomlion
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Global Construction Equipment Market Research Report, 2022-2027

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