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Global Construction Machinery Market Report 2024

Construction Machinery Global Market Report 2024 – By Product (Earthmoving, Material Handling, Building & Road Construction Equipment), By Application (Excavation & mining, Lifting & material handling, Earth moving, Transportation, Other Applications), By End User (Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Construction Machinery Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

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Construction Machinery Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Construction Machinery Market Definition

Construction machinery refers to heavy machines designed for performing construction operations. Construction machinery is used in construction projects to load and unload materials, drive tools and materials into and out of a construction site, feed or retrieve material into a processing machine, handle raw materials by transporting them, cut trees and other vegetation, and many other applications.

The main products of construction machinery are earthmoving, material handling, building & road construction equipment, and autonomous construction equipment. Earthmoving refers to machinery that is used for digging and moving large amounts of soil. The various applications involved are excavation & mining, lifting & material handling, earthmoving, transportation, and other applications. The various end-users involved are Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, and other end-users.

Construction Machinery Market Segmentation

The construction machinery market covered in this report is segmented –

1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment

2) By Application: Excavation & mining, Lifting & material handling, Earth moving, Transportation, Other Applications

3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Other End Users

Global Construction Machinery Market Size 2023 to 2028: Graph

Construction Machinery Market Size 2024 And Growth Rate

The construction machinery market size has grown strongly in recent years. It will grow from $312.39 billion in 2023 to $341.15 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the low interest rate environment, and the supportive government initiatives.

Construction Machinery Market Growth Forecast

The construction machinery market size is expected to see strong growth in the next few years. It will grow to $477.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing investments in infrastructure, the growing global construction industry, the increasing urbanization, and the rising population. Major trends in the forecast period include market include the development of robotic excavators, focus on electric construction equipment, the integration of the internet of things (iot), product innovations, technology advancements, and strategic partnerships and collaborations.

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Construction Machinery Market Driver: Construction Machinery Market Thrives On Surge In Construction Spending

A rise in construction spending is expected to propel the growth of the construction machinery market going forward. Construction spending refers to the total amount of money spent on construction-related expenses, including labor, materials, and engineering work, over a given period. Construction businesses have greater income prospects when construction investment increases, which helps to develop new demand for construction services, equipment, and materials. For instance, according to the US Census Bureau, a US-based government agency, in August 2023, construction spending in the US was estimated to be $1,983.5 billion, which is 0.5% higher than the revised July estimate of $1,973.7 billion. Thus, a rise in construction spending is driving the growth of the construction machinery market.

Construction Machinery Market Driver: Increasing Infrastructure Investment Fuels Growth In The Construction Machinery Market

Increasing investment in infrastructure is anticipated to contribute to the construction machinery’s market growth. According to the World Economic Forum, the investment in infrastructure worldwide is projected to reach $79 trillion by 2040. Similarly, in the Union Budget 2022-23, the government of India allocated Rs. 10 lakh crore (US$ 130.57 billion) to massively push the infrastructure sector. The surge in investments in infrastructure is likely to generate higher demand for construction machinery and equipment, thereby driving the growth of the construction machinery market.

Global Construction Machinery Market Major Players

Major companies operating in the construction machinery market report are Caterpillar Inc., Komatsu Ltd., Volvo AB, Zoomlion Heavy Industry Science and Technology Co., Ltd., Hitachi, Ltd., Deere & Company, EXOR Group, Sany Heavy Industry Co., Ltd, Xuzhou Construction Machinery Group Co., Ltd, Liebherr Group, Action Construction Equipment, PT United Tractors Tbk, LiuGong Machinery Co. Ltd., Shantui Construction Machinery Co. Ltd., Hitachi Construction Machinery UK, JCB UK, CIFA, Chelyabinsk Mechanical Plant, Truststroy, Zavod UralTrakGrupp, Bell Equipment, Bobcat, AGI Industries, Ashland Industries, ASV Holdings, Inc., Built Robotics, Inc., Cyngn, Royal, Lovol Heavy Industry, Randon, SotreqGrupo, Bom Jesus, Saudi Binladin Group, Shikun and Binui, TAV Insaat Taahhut A.S., Babcock International, Goscor Earthmoving Equipment, Mantrac Group, C.Woermann Nigeria Limited, Orascom Construction PLC, Kanu Equipment

Global Construction Machinery Market Restraint: Covid-19 Pandemic Impedes Growth In The Construction Machinery Market

The COVID-19 outbreak acted as a major restraint on the construction machinery market during 2020. The rapid surge in the number of people suffering from coronavirus forced the government to impose lockdowns resulting in the temporary closure of many businesses. Large infrastructure building projects were kept on hold due to social distancing practices imposed worldwide. This led to decreased demand for construction machinery and companies in the market had to halt or slow down their production impacting the revenues of the market. For instance, Hitachi Construction Machinery Co., Ltd., a Japan-based construction company engaged in manufacturing and sales of construction and transportation machinery announced the halt of production at many sites including Russia, the Middle East, Africa, and Asia during COVID-19 lockdowns.

Global Construction Machinery Market Trend: Komatsu's Innovative Electric Mini-Excavator Redefines Efficiency In Construction Machinery

Major companies operating in the construction machinery market are developing innovative products such as mini excavator for better services to the customers. Mini excavator is a small, compact construction machine that is used for digging and excavation work in tight spaces. They are versatile machines that can be used for a variety of tasks. For instance, in July 2023, Komatsu Europe International N.V., a Belgium-based heavy construction machinery manufacturer launched PC33E-6, a mini excavator. It is equipped with a 35kWh lithium-ion battery that offers a long life design and a highly efficient powerline, enabling most customers to work nonstop-for-a full shift before having to recharge. The PC33E-6 has a short tail design and is fitted with a 17.4 kW motor, making it ideal for working in tight spaces and urban areas. The excavator features heavy-duty, protected electric components, making it durable and reliable for construction projects.

Global Construction Machinery Market Trend: Innovative Partnerships Drive Advancements In The Construction Machinery Market

In recent years, the construction machinery market has seen a number of strategic initiatives, including partnerships and the launch of innovative products. Major companies in the market are continuously focusing on collaborating with other companies to expand their product portfolio and geographical presence. For instance, Caterpillar Inc., a US-based construction machinery and equipment manufacturer announced a partnership agreement with Newmont Mining, a US-based gold producer to develop underground vehicle automation technology. The companies together plan to focus on Caterpillar's semi-autonomous system for underground loaders and improving existing technology.

Construction Machinery Market Merger And Acquisition: National Equipment Dealers Llc Expands Its Footprint With Acquisition Of Grove River Machinery

In October 2021, National Equipment Dealers LLC., a US-based company that rents, sells, and services large heavy equipment acquired Grove River Machinery for an undisclosed amount. With the Grove River acquisition, National Equipment Dealers LLC would successfully grow scale, filling the company’s geographic gaps, and expanding its reach into Georgia. Grove River Machinery is a Georgia-based company engaged in heavy equipment dealerships. The company represented the product line of Hyundai and Kobelco construction equipment.

Regional Analysis For The Global Construction Machinery Market

Asia-Pacific was the largest region in the construction machinery market in 2023. Western Europe was the second-largest region in the global construction machinery market share. The regions covered in the construction machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the construction machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The construction machinery market consists of sales of construction machinery, including backhoes, bulldozers, construction and surface mining-type rock drill bits, construction-type tractors, off-highway trucks, pile-driving equipment, portable crushing, pulverizing and screening machinery, powered post hole diggers, road graders and surface mining machinery. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The construction machinery market research report is one of a series of new reports from The Business Research Company that provides construction machinery market statistics, including the construction machinery industry global market size, regional shares, competitors with a construction machinery market share, detailed construction machinery market segments, market trends and opportunities, and any further data you may need to thrive in the construction machinery industry. This construction machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Construction Machinery Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $341.15 billion
Revenue Forecast In 2033 $477.28 billion
Growth Rate CAGR of 8.8% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment
2) By Application: Excavation & mining, Lifting & material handling, Earth moving, Transportation, Other Applications
3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Caterpillar Inc.; Komatsu Ltd.; Volvo AB; Zoomlion Heavy Industry Science and Technology Co., Ltd.; Hitachi, Ltd.; Deere & Company; EXOR Group; Sany Heavy Industry Co., Ltd; Xuzhou Construction Machinery Group Co., Ltd; Liebherr Group; Action Construction Equipment; PT United Tractors Tbk; LiuGong Machinery Co. Ltd.; Shantui Construction Machinery Co. Ltd.; Hitachi Construction Machinery UK; JCB UK; CIFA; Chelyabinsk Mechanical Plant; Truststroy; Zavod UralTrakGrupp; Bell Equipment; Bobcat; AGI Industries; Ashland Industries; ASV Holdings, Inc.; Built Robotics, Inc.; Cyngn; Royal; Lovol Heavy Industry; Randon; SotreqGrupo; Bom Jesus; Saudi Binladin Group; Shikun and Binui; TAV Insaat Taahhut A.S.; Babcock International; Goscor Earthmoving Equipment; Mantrac Group; C.Woermann Nigeria Limited; Orascom Construction PLC; Kanu Equipment
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    Table Of Contents

    1. Executive Summary

    2. Construction Machinery Market Characteristics

    3. Construction Machinery Market Trends And Strategies

    4. Construction Machinery Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Construction Machinery Market Size and Growth

    5.1. Global Construction Machinery Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Construction Machinery Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Construction Machinery Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Construction Machinery Market Segmentation

    6.1. Global Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Earthmoving

    Material Handling

    Building & Road Construction Equipment

    Autonomous Construction Equipment

    6.2. Global Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Excavation & mining

    Lifting & material handling

    Earth moving

    Transportation

    Other Applications

    6.3. Global Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Oil & Gas

    Construction & Infrastructure

    Manufacturing

    Mining

    Other End Users

    7. Construction Machinery Market Regional And Country Analysis

    7.1. Global Construction Machinery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Construction Machinery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Construction Machinery Market

    8.1. Asia-Pacific Construction Machinery Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Construction Machinery Market

    9.1. China Construction Machinery Market Overview

    9.2. China Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Construction Machinery Market

    10.1. India Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Construction Machinery Market

    11.1. Japan Construction Machinery Market Overview

    11.2. Japan Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Construction Machinery Market

    12.1. Australia Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Construction Machinery Market

    13.1. Indonesia Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Construction Machinery Market

    14.1. South Korea Construction Machinery Market Overview

    14.2. South Korea Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Construction Machinery Market

    15.1. Western Europe Construction Machinery Market Overview

    15.2. Western Europe Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Construction Machinery Market

    16.1. UK Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Construction Machinery Market

    17.1. Germany Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Construction Machinery Market

    18.1. France Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Construction Machinery Market

    19.1. Italy Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Construction Machinery Market

    20.1. Spain Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Construction Machinery Market

    21.1. Eastern Europe Construction Machinery Market Overview

    21.2. Eastern Europe Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Construction Machinery Market

    22.1. Russia Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Construction Machinery Market

    23.1. North America Construction Machinery Market Overview

    23.2. North America Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Construction Machinery Market

    24.1. USA Construction Machinery Market Overview

    24.2. USA Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Construction Machinery Market

    25.1. Canada Construction Machinery Market Overview

    25.2. Canada Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Construction Machinery Market

    26.1. South America Construction Machinery Market Overview

    26.2. South America Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Construction Machinery Market

    27.1. Brazil Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Construction Machinery Market

    28.1. Middle East Construction Machinery Market Overview

    28.2. Middle East Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Construction Machinery Market

    29.1. Africa Construction Machinery Market Overview

    29.2. Africa Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Construction Machinery Market Competitive Landscape And Company Profiles

    30.1. Construction Machinery Market Competitive Landscape

    30.2. Construction Machinery Market Company Profiles

    30.2.1. Caterpillar Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Komatsu Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Volvo AB

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Zoomlion Heavy Industry Science and Technology Co., Ltd.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Hitachi, Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Construction Machinery Market Other Major And Innovative Companies

    31.1. Deere & Company

    31.2. EXOR Group

    31.3. Sany Heavy Industry Co., Ltd

    31.4. Xuzhou Construction Machinery Group Co., Ltd

    31.5. Liebherr Group

    31.6. Action Construction Equipment

    31.7. PT United Tractors Tbk

    31.8. LiuGong Machinery Co. Ltd.

    31.9. Shantui Construction Machinery Co. Ltd.

    31.10. Hitachi Construction Machinery UK

    31.11. JCB UK

    31.12. CIFA

    31.13. Chelyabinsk Mechanical Plant

    31.14. Truststroy

    31.15. Zavod UralTrakGrupp

    32. Global Construction Machinery Market Competitive Benchmarking

    33. Global Construction Machinery Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Construction Machinery Market

    35. Construction Machinery Market Future Outlook and Potential Analysis

    35.1 Construction Machinery Market In 2028 - Countries Offering Most New Opportunities

    35.2 Construction Machinery Market In 2028 - Segments Offering Most New Opportunities

    35.3 Construction Machinery Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Construction Machinery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Construction Machinery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Caterpillar Inc. Financial Performance
  • Table 75: Komatsu Ltd. Financial Performance
  • Table 76: Volvo AB Financial Performance
  • Table 77: Zoomlion Heavy Industry Science and Technology Co., Ltd. Financial Performance
  • Table 78: Hitachi, Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Construction Machinery Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Construction Machinery Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Construction Machinery Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Construction Machinery Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Construction Machinery Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Caterpillar Inc. Financial Performance
  • Figure 75: Komatsu Ltd. Financial Performance
  • Figure 76: Volvo AB Financial Performance
  • Figure 77: Zoomlion Heavy Industry Science and Technology Co., Ltd. Financial Performance
  • Figure 78: Hitachi, Ltd. Financial Performance

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Frequently Asked Questions

What is the definition of the construction machinery market?

Construction machinery refers to heavy machines designed for performing construction operations. Construction machinery is used in construction projects to load and unload materials, drive tools and materials into and out of a construction site, feed or retrieve material into a processing machine, handle raw materials by transporting them, cut trees and other vegetation, and many other applications. For further insights on the construction machinery market, request a sample here

How will the construction machinery market drivers and restraints affect the construction machinery market dynamics? What forces will shape the construction machinery industry going forward?

The construction machinery market major growth driver - Construction Machinery Market Thrives On Surge In Construction Spending. For further insights on the construction machinery market, request a sample here

What is the forecast market size or the forecast market value of the construction machinery market?

The construction machinery market size has grown strongly in recent years. It will grow from $312.39 billion in 2023 to $341.15 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the low interest rate environment, and the supportive government initiatives. The construction machinery market size is expected to see strong growth in the next few years. It will grow to $477.28 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing investments in infrastructure, the growing global construction industry, the increasing urbanization, and the rising population. Major trends in the forecast period include market include the development of robotic excavators, focus on electric construction equipment, the integration of the internet of things (iot), product innovations, technology advancements, and strategic partnerships and collaborations. For further insights on the construction machinery market, request a sample here

How is the construction machinery market segmented?

The construction machinery market is segmented
1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment
2) By Application: Excavation & mining, Lifting & material handling, Earth moving, Transportation, Other Applications
3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, Other End UsersFor further insights on the construction machinery market, request a sample here

Which region has the largest share of the construction machinery market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the construction machinery market in 2023. Western Europe was the second-largest region in the global construction machinery market share. The regions covered in the construction machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the construction machinery market, request a sample here.

Who are the major players in the construction machinery market?

Major companies operating in the construction machinery market report are Caterpillar Inc., Komatsu Ltd., Volvo AB, Zoomlion Heavy Industry Science and Technology Co., Ltd., Hitachi, Ltd., Deere & Company, EXOR Group, Sany Heavy Industry Co., Ltd, Xuzhou Construction Machinery Group Co., Ltd, Liebherr Group, Action Construction Equipment, PT United Tractors Tbk, LiuGong Machinery Co. Ltd., Shantui Construction Machinery Co. Ltd., Hitachi Construction Machinery UK, JCB UK, CIFA, Chelyabinsk Mechanical Plant, Truststroy, Zavod UralTrakGrupp, Bell Equipment, Bobcat, AGI Industries, Ashland Industries, ASV Holdings, Inc., Built Robotics, Inc., Cyngn, Royal, Lovol Heavy Industry, Randon, SotreqGrupo, Bom Jesus, Saudi Binladin Group, Shikun and Binui, TAV Insaat Taahhut A.S., Babcock International, Goscor Earthmoving Equipment, Mantrac Group, C.Woermann Nigeria Limited, Orascom Construction PLC, Kanu Equipment For further insights on the construction machinery market, request a sample here.

What are the key trends in the construction machinery market?

Major trend in the construction machinery market - Komatsu's Innovative Electric Mini-Excavator Redefines Efficiency In Construction Machinery . For further insights on the construction machinery market, request a sample here.

What are the major opportunities in the construction machinery market? What are the strategies for the construction machinery market?

For detailed insights on the major opportunities and strategies in the construction machinery market, request a sample here.

How does the construction machinery market relate to the overall economy and other similar markets?

For detailed insights on construction machinery market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the construction machinery industry?

For detailed insights on the mergers and acquisitions in the construction machinery industry, request a sample here.

What are the key dynamics influencing the construction machinery market growth? SWOT analysis of the construction machinery market.

For detailed insights on the key dynamics influencing the construction machinery market growth and SWOT analysis of the construction machinery industry, request a sample here.