What is the current Construction Equipment Market size?

The Construction Equipment Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029) Read More

Who are the key players in Construction Equipment Market?

Caterpillar Inc., Kobelco Construction Machinery Co., Ltd, CNH Industrial NV, Liebherr-International Deutschland GmbH and Komatsu Ltd are the major companies operating in the Construction Equipment Market. Read More

Which is the fastest growing region in Construction Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Construction Equipment Market?

In 2024, the Europe accounts for the largest market share in Construction Equipment Market. Read More

What years does this Construction Equipment Market cover?

The report covers the Construction Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Construction Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the Construction Equipment Market growth?

The increasing focus on infrastructure development and the development of automation in the construction and manufacturing processes had a significant impact on the market growth. Read More

Construction Equipment Market Report | Industry Growth, Size & Forecast Analysis

Construction Equipment Market Report - Industry Growth, Size & Forecast Analysis (2024 - 2029)

The Report Covers Heavy Construction Equipment Market is Segmented by Equipment Type (Cranes, Telescopic Handler, Excavator, Loaders and Backhoe, Motor Grader, and Other Machinery Types), by Drive Type (Hydraulic and Electric and Hybrid), and by Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecasts for Construction Equipment in Value (USD Billion) for all the Above Segments.

Construction Equipment Industry Overview

Some of the major companies that dominated the market studied are Caterpillar Inc., Kobelco Construction Machinery Co., Ltd, CNH Industrial NV, Deere & Company, Komatsu Ltd, JCB India Limited, Volvo Group, Doosan Infracore, and XCMG, which captured a major share of the market.

The construction equipment market is characterized by numerous international and regional players, resulting in a highly competitive market environment. Apart from the top players, small-scale or domestic players account for a significant share of the market.