
Global & Germany Heavy Construction Equipment Market to 2031
Description
Residential construction is the leading segment within Germany’s construction industry, accounting for approximately 61% of total construction investments. In 2023, total investment in the construction sector reached US$506.22 billion, underscoring the country’s strong commitment to infrastructure development—a key factor driving the demand for heavy construction equipment. Residential real estate investment alone amounted to US$5.52 billion during the first three quarters of 2024. Furthermore, building permits surged in October 2024, reaching 15,050 units, up from 11,616 in September, signaling a steady rise in construction activity.
To meet growing industry demands, major players in the heavy construction equipment market are introducing technologically advanced machinery. For example, Volvo Construction Equipment recently launched a 33-foot straight boom demolition excavator, equipped with innovative features such as a high-reach multi-demolition boom and a specialized lifting mode designed for demanding demolition tasks.
Increased demand for heavy construction equipment in Germany spans multiple sectors, including residential, commercial, and industrial construction, as well as road development. One notable infrastructure project is being led by VINCI Highways, which is set to upgrade the B247 road between Mühlhausen and Bad Langensalza. This initiative is part of a 30-year public-private partnership (PPP) awarded by DEGES in 2021, representing the first federal road PPP project in Germany, with an estimated investment of around US$521.04 million.
Germany remains one of the most influential and expansive markets for heavy construction equipment in Europe. This is supported by its strong economy, advanced industrial landscape, and ongoing infrastructure needs. Government policies, rapid industrialization, cutting-edge engineering, and a growing focus on sustainability and environmental compliance are all contributing to the increased adoption of heavy construction machinery across the country.
To meet growing industry demands, major players in the heavy construction equipment market are introducing technologically advanced machinery. For example, Volvo Construction Equipment recently launched a 33-foot straight boom demolition excavator, equipped with innovative features such as a high-reach multi-demolition boom and a specialized lifting mode designed for demanding demolition tasks.
Increased demand for heavy construction equipment in Germany spans multiple sectors, including residential, commercial, and industrial construction, as well as road development. One notable infrastructure project is being led by VINCI Highways, which is set to upgrade the B247 road between Mühlhausen and Bad Langensalza. This initiative is part of a 30-year public-private partnership (PPP) awarded by DEGES in 2021, representing the first federal road PPP project in Germany, with an estimated investment of around US$521.04 million.
Germany remains one of the most influential and expansive markets for heavy construction equipment in Europe. This is supported by its strong economy, advanced industrial landscape, and ongoing infrastructure needs. Government policies, rapid industrialization, cutting-edge engineering, and a growing focus on sustainability and environmental compliance are all contributing to the increased adoption of heavy construction machinery across the country.
Table of Contents
100 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Germany Heavy Construction Equipment Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Heavy Construction Equipment Market Key Market Dynamics
- 5.1 Heavy Construction Equipment Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Germany Heavy Construction Equipment Market – Analysis
- 6.1 Germany Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
- 6.2 Germany Heavy Construction Equipment Market Revenue and Forecast Analysis
- 7. Germany Heavy Construction Equipment Market Analysis – by Type
- 7.1 Germany Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
- 8. Germany Heavy Construction Equipment Market Analysis – by Power Output
- 8.1 Germany Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
- 9. Germany Heavy Construction Equipment Market Analysis – by Propulsion Type
- 9.1 Germany Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
- 10. Germany Heavy Construction Equipment Market Analysis – by End-use Industry
- 10.1 Germany 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. Germany Heavy Construction Equipment Market Segmentation
- Table 2. List of Vendors
- Table 3. Germany Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Germany Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Germany Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. Germany Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. Germany Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
- Table 8. Germany Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
- Table 9. Germany Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
- Table 10. Germany Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
- Table 11. Germany Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
- Table 12. Germany 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. Germany Heavy Construction Equipment Market Revenue, (US$ Million), 2021–2031
- Figure 3. Heat Map Analysis by Key Players
- Figure 4. Company Positioning and Concentration
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.