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Global & Philippines Heavy Construction Equipment Market to 2031

Publisher Business Market Insights
Published May 01, 2025
Length 100 Pages
SKU # BMKS20051202

Description

The heavy construction equipment market in the Philippines is witnessing robust growth, driven by large-scale infrastructure projects, rapid urbanization, and expanding industrial activity.

A major catalyst for this growth is the government’s “Build, Build, Build” program, launched in 2016, which aims to modernize the country’s infrastructure through extensive investments in transportation—such as roads, bridges, airports, and railways—alongside urban development and energy projects. High-profile initiatives like the Metro Manila Subway, North-South Commuter Railway, and various expressways require substantial heavy machinery, significantly boosting market demand.

Rapid urbanization, particularly in metropolitan areas like Metro Manila, Cebu, and Davao, is fueling construction of residential, commercial, and mixed-use developments. The rise in high-rise buildings, office complexes, and retail centers has further increased the need for heavy construction equipment. Additionally, the growing urban population’s demand for modern infrastructure, including utilities, roads, and bridges, continues to drive market growth.

Technological advancements are also transforming the sector, with increasing adoption of smart construction equipment featuring Internet of Things (IoT) integration, GPS tracking, and automation. These technologies enhance efficiency, safety, and productivity while reducing downtime and human error. As construction firms focus on optimizing costs and boosting output, demand for such advanced machinery is rising.

Foreign direct investment (FDI) has played a crucial role in accelerating the Philippines’ infrastructure development. Partnerships between foreign investors and local construction companies have enabled large-scale projects, especially in transportation and real estate, bringing advanced construction technologies and modern machinery into the market.

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