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Construction Equipment Market Poised for 3.01% CAGR Growth Through 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Construction Equipment Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Construction Equipment, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2019–22
- Base Year: 2023
- Forecast Years: 2024–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/global-construction-equipment-market.html (Discover the market potential, platform-specific insights, and key industry trends.)
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Construction Equipment Market Outlook
The Global Construction Equipment Market is valued at USD 156 billion in 2023 and is estimated to grow at a CAGR of around 3.01% during the forecast period, i.e., 2024-30. The market is primarily fueled by the exponential growth in the global population and an increasing focus by governments on infrastructure development to support & accommodate the needs of their citizens. Additionally, there is a rapid escalation in construction activities, leading to a heightened demand for a variety of construction equipment.
Construction Equipment Market Drivers:
Growing Infrastructural Development Projects Worldwide – With the rapid upgrade in the number of developmental projects across different countries across the world, various private companies & governments are augmenting the demand for construction equipment for the development & construction of commercial & residential buildings. Moreover, countries like the US, China, and India, among others, are investing substantially in public infrastructure developments & exemplifying an accelerating demand for this equipment to facilitate tasks efficiently. In addition, snowballing the number of smart city projects is another crucial aspect contributing to the growing demand for construction equipment & stimulating the overall Construction Equipment Market expansion through 2030.
View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/global-construction-equipment-market.html (Explore in-depth analyses, technological trends, and investment patterns.)
Construction Equipment Market Challenge:
Environmental Imbalance Using Construction Equipment Emitting Greenhouse Gases – Construction equipment currently runs majorly on fossil fuels & emits various emissions like nitrogen oxides (NOx), volatile organic compounds (VOC), and carbon monoxide (CO), negatively & severely affecting the environment & causing imbalances. Such aspects are restraining the fledged utilization of construction equipment owing to the presence of stringent environment sustainability restrictions imposed by the governments of different countries globally.
Construction Equipment Market Segmentation
The study categorizes the Construction Equipment into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Type of Equipment
- Earthmoving Equipment - Market Size & Forecast 2019-2030, (Thousand Units)
- Excavator- Market Size & Forecast 2019-2030, (Thousand Units)
- Loaders - Market Size & Forecast 2019-2030, (Thousand Units)
- Bulldozers - Market Size & Forecast 2019-2030, (Thousand Units)
- Skid Steer Loaders- Market Size & Forecast 2019-2030, (Thousand Units)
- Motor Graders- Market Size & Forecast 2019-2030, (Thousand Units)
- Crawler Loader- Market Size & Forecast 2019-2030, (Thousand Units)
- Trenchers- Market Size & Forecast 2019-2030, (Thousand Units)
- Dump trucks- Market Size & Forecast 2019-2030, (Thousand Units)
- Others- Market Size & Forecast 2019-2030, (Thousand Units)
- Material Handling Equipment- Market Size & Forecast 2019-2030, (Thousand Units)
- Cranes- Market Size & Forecast 2019-2030, (Thousand Units)
- Forklift- Market Size & Forecast 2019-2030, (Thousand Units)
- Tipper- Market Size & Forecast 2019-2030, (Thousand Units)
- Others- Market Size & Forecast 2019-2030, (Thousand Units)
- Other Construction Equipment- Market Size & Forecast 2019-2030, (Thousand Units)
- Road Roller -Market Size & Forecast 2019-2030, (Thousand Units)
- Diesel Generator-Market Size & Forecast 2019-2030, (Thousand Units)
- Others Market Size & Forecast 2019-2030, (Thousand Units)
By Application
- Power & Utilities- Market Size & Forecast 2019-2030, (Thousand Units)
- Mining - Market Size & Forecast 2019-2030, (Thousand Units)
- Hospitality- Market Size & Forecast 2019-2030, (Thousand Units)
- Residential- Market Size & Forecast 2019-2030, (Thousand Units)
- Healthcare & Educational- Market Size & Forecast 2019-2030, (Thousand Units)
- Roads & Highway- Market Size & Forecast 2019-2030, (Thousand Units)
- Manufacturing Units- Market Size & Forecast 2019-2030, (Thousand Units)
- Other- Market Size & Forecast 2019-2030, (Thousand Units)
By Power Output
- Less than 100 HP- Market Size & Forecast 2019-2030, (Thousand Units)
- 101-200 HP- Market Size & Forecast 2019-2030, (Thousand Units)
- 201-400 HP- Market Size & Forecast 2019-2030, (Thousand Units)
- More than 400 HP- Market Size & Forecast 2019-2030, (Thousand Units)
By Propulsion
- Diesel- Market Size & Forecast 2019-2030, (Thousand Units)
- Gas - Market Size & Forecast 2019-2030, (Thousand Units)
- CNG -Market Size & Forecast 2019-2030, (Thousand Units)
- LPG -Market Size & Forecast 2019-2030, (Thousand Units)
- Electric- Market Size & Forecast 2019-2030, (Thousand Units)
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
Talk to Our Industry Analyst: - https://www.marknteladvisors.com/query/talk-to-our-consultant/global-construction-equipment-market.html Get personalized insights into company strategies and regional market dynamics.)
Leading Companies in Construction Equipment Market Worldwide: Players, Analysis & Future Outlook
- Caterpillar
- Volvo
- Komatsu
- CNH Industrial
- Liebherr
- Hitachi Construction
- John Deere
- Dooson
- JCB
- Terex
- CEAT Limited
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-construction-equipment-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Construction Equipment?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Construction Equipment?
4. Who are the prominent players in the Construction Equipment?
5. How is the competition structured in this market?
6. How can I access the full report?
About Us
MarkNtel Advisors is a globally recognized market research firm offering comprehensive insights into the construction and mining sector, encompassing building management, construction materials, and construction technology & equipment. We assist developers, equipment manufacturers, and infrastructure investors in understanding market trends, sustainability mandates, and technological disruptions. Leveraging our Competitive Intelligence services, we help organizations benchmark competitors, identify white spaces, and craft informed growth strategies for enduring success in the global construction landscape.
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