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Global & Finland Heavy Construction Equipment Market to 2031

Publisher Business Market Insights
Published May 01, 2025
Length 100 Pages
SKU # BMKS20051184

Description

The heavy construction equipment market in Finland is poised for growth in the coming years, driven by increasing residential and commercial construction activities. A notable example is the completion of Helsinki Airport in 2023, one of the country’s largest development projects, which involved an investment of around US$ 1 billion and required heavy machinery such as excavators, wheel loaders, and other earthmoving equipment. Additionally, in March 2024, AGCO invested US$ 80 million to establish an AGCO Power facility in Linnavuori, Finland, to accelerate innovation and adoption of clean energy technologies.

Several factors influence Finland’s heavy construction equipment market, including a strong focus on infrastructure development, economic stability, technological progress, sustainability initiatives, and the country’s environmental conditions. Finland’s construction industry is well-developed and benefits from steady investments in both public and private sectors.

The country continues to prioritize infrastructure improvements, fueling demand for construction machinery. Government programs led by the Finnish Transport Infrastructure Agency (FTIA) — including road and rail projects, port expansions, and urban renewal efforts — play a key role in Finland’s economic and social growth. Major initiatives like the Finnish National Road Plan, aimed at enhancing transportation networks nationwide, directly drive the need for diverse construction equipment.

Finland’s commitment to the Nordic Green Deal, which focuses on lowering carbon emissions and boosting renewable energy use, involves building energy-efficient structures, green infrastructure, and sustainable transport systems. These projects require machinery such as excavators, paving machines, cranes, and earthmoving equipment.

Urbanization trends, especially in cities like Helsinki, Tampere, and Espoo, are fueling growth in real estate development. The rising demand for residential units, office buildings, and commercial complexes further increases the need for construction machinery. Large-scale urban renewal and real estate projects call for a variety of heavy equipment, including loaders, bulldozers, cranes, and excavators.

Table of Contents

100 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Data Triangulation and Validation:
4. Finland Heavy Construction Equipment Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in the Value Chain
5. Heavy Construction Equipment Market Key Market Dynamics
5.1 Heavy Construction Equipment Market – Key Market Dynamics
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Future Trends
5.6 Impact of Drivers and Restraints
6. Finland Heavy Construction Equipment Market – Analysis
6.1 Finland Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
6.2 Finland Heavy Construction Equipment Market Revenue and Forecast Analysis
7. Finland Heavy Construction Equipment Market Analysis – by Type
7.1 Finland Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
8. Finland Heavy Construction Equipment Market Analysis – by Power Output
8.1 Finland Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
9. Finland Heavy Construction Equipment Market Analysis – by Propulsion Type
9.1 Finland Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
10. Finland Heavy Construction Equipment Market Analysis – by End-use Industry
10.1 Finland Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by End-use Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.1 Company Positioning and Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.2 Partnerships and Collaborations
12.2 Other Developments
13. Company Profiles
13.1 AB Volvo
13.1. 1 Key Facts
13.1. 2 Business Description
13.1. 3 Products and Services
13.1. 4 Financial Overview
13.1. 5 SWOT Analysis
13.1. 6 Key Developments
13.2 Caterpillar Inc
13.2. 1 Key Facts
13.2. 2 Business Description
13.2. 3 Products and Services
13.2. 4 Financial Overview
13.2. 5 SWOT Analysis
13.2. 6 Key Developments
13.3 Komatsu Ltd
13.3. 1 Key Facts
13.3. 2 Business Description
13.3. 3 Products and Services
13.3. 4 Financial Overview
13.3. 5 SWOT Analysis
13.3. 6 Key Developments
13.4 Hitachi Construction Machinery Co Ltd
13.4. 1 Key Facts
13.4. 2 Business Description
13.4. 3 Products and Services
13.4. 4 Financial Overview
13.4. 5 SWOT Analysis
13.4. 6 Key Developments
13.5 Liebherr-International AG
13.5. 1 Key Facts
13.5. 2 Business Description
13.5. 3 Products and Services
13.5. 4 Financial Overview
13.5. 5 SWOT Analysis
13.5. 6 Key Developments
13.6 Terex Corp
13.6. 1 Key Facts
13.6. 2 Business Description
13.6. 3 Products and Services
13.6. 4 Financial Overview
13.6. 5 SWOT Analysis
13.6. 6 Key Developments
13.7 Doosan Corp
13.7. 1 Key Facts
13.7. 2 Business Description
13.7. 3 Products and Services
13.7. 4 Financial Overview
13.7. 5 SWOT Analysis
13.7. 6 Key Developments
13.8 Deere & Co
13.8. 1 Key Facts
13.8. 2 Business Description
13.8. 3 Products and Services
13.8. 4 Financial Overview
13.8. 5 SWOT Analysis
13.8. 6 Key Developments
13.9 Sany Heavy Industry Co Ltd
13.9. 1 Key Facts
13.9. 2 Business Description
13.9. 3 Products and Services
13.9. 4 Financial Overview
13.9. 5 SWOT Analysis
13.9. 6 Key Developments
13.10 J C Bamford Excavators Ltd
13.10. 1 Key Facts
13.10. 2 Business Description
13.10. 3 Products and Services
13.10. 4 Financial Overview
13.10. 5 SWOT Analysis
13.10. 6 Key Developments
13.11 Hyundai Engineering & Construction Co Ltd
13.11. 1 Key Facts
13.11. 2 Business Description
13.11. 3 Products and Services
13.11. 4 Financial Overview
13.11. 5 SWOT Analysis
13.11. 6 Key Developments
14. Appendix
14.1 About Business Market Insights
14.2 List of Abbreviations
TABLE OF TABLES
Table 1. Finland Heavy Construction Equipment Market Segmentation
Table 2. List of Vendors
Table 3. Finland Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
Table 4. Finland Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Finland Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 6. Finland Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 7. Finland Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
Table 8. Finland Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
Table 9. Finland Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
Table 10. Finland Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
Table 11. Finland Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
Table 12. Finland Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by End-use Industry
Table 13. List of Abbreviations
TABLE OF FIGURES
Figure 1. Impact Analysis of Drivers and Restraints
Figure 2. Finland Heavy Construction Equipment Market Revenue, (US$ Million), 2021–2031
Figure 3. Heat Map Analysis by Key Players
Figure 4. Company Positioning and Concentration

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