Construction Equipment Market

Construction Equipment Market worth 199.18 Billion USD by 2025

The report "Construction Equipment Market by Type (Excavator - Crawler and Mini, Loader - Backhoe, Skid-steer, Wheeled and Other Equipment), Category, Emission Regulation, Aftertreatment Device, Power Output, Application, Rental Equipment, and Region - Global Forecast to 2025", The construction equipment market is projected to grow at a CAGR of 4.52%, to reach a market size of USD 199.18 Billion by 2025, from an estimated USD 146.17 Billion in 2018. The market is driven by the increasing government spending on various infrastructure activities, development of smart cities, and changing emission regulations across the world.

                                                 Request Sample                    Request Sample

Browse 168 market data Tables and 53 Figures spread through 228 Pages and in-depth TOC on "Construction Equipment Market by Type (Excavator - Crawler and Mini, Loader - Backhoe, Skid-steer, Wheeled and Other Equipment), Category, Emission Regulation, Aftertreatment Device, Power Output, Application, Rental Equipment, and Region - Global Forecast to 2025"
Early buyers will receive 10% customization on reports.

“Infrastructure to be the fastest-growing application in construction equipment market”

Infrastructure is the fastest-growing application of construction equipment. It is expected to drive the market. This growth can be attributed to the upcoming construction projects around the globe, primarily in developing nations such as China and India. Additionally, major events such as the FIFA World Cup in 2018 in Russia and in 2022 in Qatar is likely to drive the demand for construction equipment in these regions.

“Crawler Excavator equipment to be the largest segment of the construction equipment market”

A reasonable growth is shown by crawler excavator equipment during the forecast period. The high demand for this construction equipment is attributed to its benefits such as ease of use and an ability to perform multiple operations in construction activities. Wheeler loader is projected to be the second-largest construction equipment segment during the forecast period.

The construction equipment market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Caterpillar (US), Hitachi Construction Equipment (Japan), Terex (US), Komatsu (Japan), and Liebherr (Switzerland).

Asia Pacific to remain the largest market for construction equipment over the forecast period”

The Asia Pacific region includes key countries such as China, Japan, and India. The construction equipment market in the region is expected to remain the largest owing to the increase in infrastructural development projects and population migration from rural to urban areas. Robust economic growth, along with increasing need for housing and office spaces will be boosting the construction activities across the Asia Pacific region.

Major players covered in the construction equipment market study are Caterpillar (US), Komatsu (Japan), Terex (US), CNH Industrial (the Netherlands), Liebherr (Switzerland), JCB (UK), and Hitachi Construction Machinery (HCM).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Report Code
AT 2838
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Construction Equipment Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
© MarketsandMarkets Research Private Ltd. All rights reserved

Digital Virtual Assistant - MarketsandMarkets