Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 199.18 Billion | USD 301.65 Billion | 4.72% | 2023 |
List of Figures
1. Global Heavy Construction Equipment Market Segmentation by Type, Application, End-user Industry, and Region
2. Global Heavy Construction Equipment Market, 2016–2025 (Thousand Units) (USD Billion)
3. Value Chain Analysis
4. Porter’s Five Forces Analysis
5. Market Attractiveness Analysis by Type
6. Market Attractiveness Analysis by Application
7. Market Attractiveness Analysis by End-user Industry
8. Market Attractiveness Analysis by Region
9. Global Heavy Construction Equipment Market: Company Market Share, 2018
10. Global Heavy Construction Equipment Market Share, by Type, 2016–2025 (Thousand Units) (USD Billion)
11. Global Heavy Construction Equipment Market Share, by Earthmoving, 2016–2025 (Thousand Units) (USD Billion)
12. Global Heavy Construction Equipment Market Share, by Material Handling, 2016–2025 (Thousand Units) (USD Billion)
13. Global Heavy Construction Equipment Market Share, by Heavy Construction Vehicles, 2016–2025 (Thousand Units) (USD Billion)
14. Global Heavy Construction Equipment Market Share, by Others, 2016–2025 (Thousand Units) (USD Billion)
15. Global Heavy Construction Equipment Market Share, by Application, 2016–2025 (Thousand Units) (USD Billion)
16. Global Heavy Construction Equipment Market by Excavation & Demolition, 2016–2025 (Thousand Units) (USD Billion)
17. Global Heavy Construction Equipment Market by Heavy Lifting, 2016–2025 (Thousand Units) (USD Billion)
18. Global Heavy Construction Equipment Market by Tunneling, 2016–2025 (Thousand Units) (USD Billion)
19. Global Heavy Construction Equipment Market by Transportation, 2016–2025 (Thousand Units) (USD Billion)
20. Global Heavy Construction Equipment Market by Recycling & Waste Management, 2016–2025 (Thousand Units) (USD Billion)
21. Global Heavy Construction Equipment Market by Material Handling, 2016–2025 (Thousand Units) (USD Billion)
22. Global Heavy Construction Equipment Market Share, by End-user Industry, 2016–2025 (Thousand Units) (USD Billion)
23. Global Heavy Construction Equipment Market for Construction & Manufacturing, 2016–2025 (Thousand Units) (USD Billion)
24. Global Heavy Construction Equipment Market for Public Work & Rail Road, 2016–2025 (Thousand Units) (USD Billion)
25. Global Heavy Construction Equipment Market for Oil & Gas, 2016–2025 (Thousand Units) (USD Billion)
26. Global Heavy Construction Equipment Market for Mining, 2016–2025 (Thousand Units) (USD Billion)
27. Global Heavy Construction Equipment Market for Others, 2016–2025 (Thousand Units) (USD Billion)
28. Global Heavy Construction Equipment Market Share, by Region, 2016–2025 (Thousand Units) (USD Billion)
29. North America Heavy Construction Equipment Market, 2016–2025 (Thousand Units) (USD Billion)
30. Europe Heavy Construction Equipment Market, 2016–2025 (Thousand Units) (USD Billion)
31. Asia Pacific Heavy Construction Equipment Market, 2016–2025 (Thousand Units) (USD Billion)
32. Latin America Heavy Construction Equipment Market, 2016–2025 (Thousand Units) (USD Billion)
33. The Middle East and Africa Heavy Construction Equipment Market, 2016–2025 (Thousand Units) (USD Billion)
List of Tables
1. Global Heavy Construction Equipment Market Snapshot
2. Drivers for Heavy Construction Equipment Market: Impact Analysis
3. Restraints of Heavy Construction Equipment Market: Impact Analysis
4. North America Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
5. North America Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
6. North America Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
7. North America Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
8. North America Heavy Construction Equipment Market Volume, By End-User Industry, 2016–2025 (Thousand Units)
9. North America Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
10. The U.S. Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
11. The U.S. Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
12. The U.S. Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
13. The U.S. Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
14. The U.S. Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
15. The U.S. Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
16. Rest of North America Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
17. Rest of North America Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
18. Rest of North America Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
19. Rest of North America Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
20. Rest of North America Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
21. Rest of North America Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
22. Europe Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
23. Europe Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
24. Europe Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
25. Europe Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
26. Europe Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
27. Europe Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
28. UK Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
29. UK Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
30. UK Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
31. UK Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
32. UK Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
33. UK Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
34. Germany Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
35. Germany Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
36. Germany Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
37. Germany Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
38. Germany Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
39. Germany Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
40. France Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
41. France Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
42. France Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
43. France Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
44. France Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
45. France Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
46. Rest of Europe Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
47. Rest of Europe Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
48. Rest of Europe Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
49. Rest of Europe Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
50. Rest of Europe Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
51. Rest of Europe Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
52. Asia Pacific Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
53. Asia Pacific Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
54. Asia Pacific Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
55. Asia Pacific Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
56. Asia Pacific Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
57. Asia Pacific Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
58. China Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
59. China Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
60. China Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
61. China Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
62. China Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
63. China Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
64. Japan Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
65. Japan Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
66. Japan Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
67. Japan Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
68. Japan Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
69. Japan Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
70. India Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
71. India Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
72. India Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
73. India Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
74. India Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
75. India Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
76. Rest of Asia Pacific Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
77. Rest of Asia Pacific Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
78. Rest of Asia Pacific Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
79. Rest of Asia Pacific Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
80. Rest of Asia Pacific Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
81. Rest of Asia Pacific Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
82. Latin America Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
83. Latin America Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
84. Latin America Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
85. Latin America Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
86. Latin America Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
87. Latin America Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
88. Brazil Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
89. Brazil Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
90. Brazil Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
91. Brazil Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
92. Brazil Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
93. Brazil Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
94. Rest of Latin America Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
95. Rest of Latin America Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
96. Rest of Latin America Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
97. Rest of Latin America Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
98. Rest of Latin America Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
99. Rest of Latin America Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
100. The Middle East and Africa Heavy Construction Equipment Market Volume, by Type, 2016–2025 (Thousand Units)
101. The Middle East and Africa Heavy Construction Equipment Market Revenue, by Type, 2016–2025 (USD Billion)
102. The Middle East and Africa Heavy Construction Equipment Market Volume, By Application, 2016–2025 (Thousand Units)
103. The Middle East and Africa Heavy Construction Equipment Market Revenue, by Application, 2016–2025 (USD Billion)
104. The Middle East and Africa Heavy Construction Equipment Market Volume, by End-user Industry, 2016–2025 (Thousand Units)
105. The Middle East and Africa Heavy Construction Equipment Market Revenue, by End-user Industry, 2016–2025 (USD Billion)
FrequentlyAsked Questions
Heavy construction equipment encompasses enormous, heavy-duty machines and vehicles that are employed for earth-moving, excavation, and construction projects. These devices are indispensable for the transportation of substantial quantities of materials, digging, grading, and heavy lifting on construction sites. They are typically employed in large-scale initiatives, including the construction of infrastructure, roads, bridges, and commercial and residential developments.
The demand for heavy construction equipment is driven by the increased investment in infrastructure projects, including roads, bridges, airports, and railways. The construction of residential, commercial, and industrial buildings is a direct result of the increasing population and rapid urbanization, which in turn increases the demand for heavy machinery.
The global heavy construction equipment market size was evaluated at $199.18 billion in 2023 and is slated to hit $301.65 billion by the end of 2032.
The global heavy construction equipment market a CAGR of nearly 4.72% between 2024 and 2032.
Asia Pacific contributed the largest share to the global heavy construction equipment market in the previous year and is anticipated to lead the market in the future as well. This regional growth can be attributed to the region’s thriving construction industry and improving economic conditions. North America will be the second-largest regional market for heavy construction equipment, followed by Europe, in the years ahead.
J C Bamford Excavators Ltd., AB Volvo, Hitachi Construction Machinery Co. Ltd., Caterpillar, Inc., Komatsu Ltd., Doosan Infracore Co. Ltd., Hyundai Heavy Industries Co. Ltd., Liebherr Group, Terex Corporation, Sany Heavy Industries Co. Ltd., Deere & Company, Xuzhou Construction Machinery Group Co. Ltd., and Shandong Heavy Industry Group Co. Ltd., among others
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