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Global & Thailand Heavy Construction Equipment Market to 2031

Publisher Business Market Insights
Published May 01, 2025
Length 100 Pages
SKU # BMKS20051217

Description

The growth of Thailand’s heavy construction equipment market is driven by ongoing infrastructure investments, rapid urbanization, and the expansion of its industrial sector.

The Thai government is a key driver of demand through its ambitious infrastructure development plans. Major projects include highway expansions, the Eastern Economic Corridor (EEC), and the development of mass transit systems like the Bangkok Metro and high-speed rail lines. These initiatives require heavy machinery such as cranes, bulldozers, excavators, graders, and road rollers, which fuels the construction equipment market.

Rapid urbanization, particularly in metropolitan areas like Bangkok, Chiang Mai, and Pattaya, is also boosting demand. The growing urban population is spurring numerous residential, commercial, and mixed-use developments, including high-rise buildings, office complexes, and housing projects. This surge increases the need for equipment such as cranes, excavators, and backhoes to support large-scale construction activities.

Urban renewal efforts focused on revitalizing older neighborhoods and upgrading outdated infrastructure further add to the demand for construction machinery. Additionally, Thailand’s steady economic growth and status as a manufacturing hub in Southeast Asia contribute significantly to market expansion. The growth of manufacturing, automotive, and logistics sectors is driving the construction of industrial parks, warehouses, and logistics centers. These projects require substantial construction work, maintaining strong demand for cranes, bulldozers, excavators, and loaders within the industrial segment.

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