Global & Italy Heavy Construction Equipment Market to 2031

The growth of Italy’s heavy construction equipment market is being propelled by increasing investments in infrastructure, particularly in water systems and public transportation. In 2023, Italy’s construction sector attracted approximately US$ 230.42 billion in investment. Back in 2022, the Italian government committed around US$ 4.07 billion specifically for enhancing water infrastructure. According to the National Association of Building Contractors (ANCE), investment in the construction sector rose by 17.6% in 2022 compared to the previous year, reaching US$ 169.84 billion. Additionally, data from the Italian National Institute of Statistics (ISTAT) indicates that more than 487,000 companies are active in the construction industry. Public and private entities also plan to invest over US$ 9.59 billion by 2026 to upgrade the country’s port infrastructure.

Italy’s construction equipment market is on a steady upward trajectory, fueled by government spending, urban expansion, technological innovation, and growing sustainability efforts. As one of Europe's major economies, Italy’s robust construction sector continues to be a key driver of demand for heavy machinery.

The government has made infrastructure development a strategic priority, with substantial allocations aimed at upgrading roads, railways, bridges, and airports. Through the National Plan for Recovery and Resilience (PNRR), funded by the European Union’s Next Generation EU recovery package, Italy is channeling large-scale investments into infrastructure projects. These include high-speed rail development, highway enhancements, port modernization, and improvements to public transport systems—initiatives that significantly boost the demand for equipment like excavators, cranes, bulldozers, paving machines, and earthmovers.

Urbanization is accelerating in metropolitan areas such as Rome, Milan, and Naples, spurring demand for residential and commercial real estate. The real estate market is shifting towards high-density living spaces, mixed-use developments, and urban regeneration efforts. In tandem, the rise of smart city initiatives and eco-friendly buildings is driving the need for versatile construction machinery capable of performing tasks like excavation, earthmoving, site grading, and materials transport.

Overall, Italy’s emphasis on modern infrastructure and sustainable urban development continues to support the growing demand for advanced heavy construction equipment.