Global & Italy Heavy Construction Equipment Market to 2031
Description
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.
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.
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. Italy 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. Italy Heavy Construction Equipment Market – Analysis
- 6.1 Italy Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
- 6.2 Italy Heavy Construction Equipment Market Revenue and Forecast Analysis
- 7. Italy Heavy Construction Equipment Market Analysis – by Type
- 7.1 Italy Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
- 8. Italy Heavy Construction Equipment Market Analysis – by Power Output
- 8.1 Italy Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
- 9. Italy Heavy Construction Equipment Market Analysis – by Propulsion Type
- 9.1 Italy Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
- 10. Italy Heavy Construction Equipment Market Analysis – by End-use Industry
- 10.1 Italy 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. Italy Heavy Construction Equipment Market Segmentation
- Table 2. List of Vendors
- Table 3. Italy Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
- Table 4. Italy Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
- Table 5. Italy Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
- Table 6. Italy Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
- Table 7. Italy Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
- Table 8. Italy Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
- Table 9. Italy Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
- Table 10. Italy Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
- Table 11. Italy Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
- Table 12. Italy 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. Italy 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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