Report cover image

Global & Turkiye Heavy Construction Equipment Market to 2031

Publisher Business Market Insights
Published May 01, 2025
Length 100 Pages
SKU # BMKS20051218

Description

The heavy construction equipment market in Turkey is experiencing strong growth, fueled by ongoing infrastructure development, economic expansion, and rapid urbanization. Turkey’s strategic position as a bridge between Europe and Asia, combined with its economic and political ambitions, is creating significant opportunities within the construction sector, boosting demand for heavy machinery.

The Turkish government plays a key role in driving demand through continuous investments in major infrastructure projects aimed at stimulating economic growth. Initiatives like the Vision 2023 plan seek to enhance Turkey’s infrastructure and strengthen its status as a global economic hub. Large-scale projects including highways, railways, bridges, airports, and tunnels require extensive use of heavy construction equipment.

Key Projects:

Istanbul New Airport: One of the largest and busiest airports globally, its multiple construction phases demand substantial heavy machinery.

Marmaray Tunnel: This landmark railway tunnel connects Europe and Asia beneath the Bosphorus Strait. Along with other initiatives such as the Istanbul Canal project, it significantly drives the need for construction equipment.

Urbanization and Real Estate Development:

Turkey has witnessed rapid urban growth over the past decade, with extensive residential, commercial, and mixed-use developments emerging in cities like Istanbul, Ankara, and Izmir. This urban expansion has elevated demand for cranes, excavators, and loaders. Large-scale projects such as high-rise residential buildings, shopping malls, and business districts are key contributors to the rising need for heavy machinery.

Urban Renewal Projects:

In cities like Istanbul, older neighborhoods are undergoing significant redevelopment, requiring increased investment in modern construction technology and equipment.

Overall, Turkey’s heavy construction equipment market is propelled by a blend of major government infrastructure initiatives, fast-paced urbanization, investments in the energy and utilities sectors, and growing international construction opportunities. As Turkey continues to develop its transportation, energy, and urban infrastructure, demand for heavy construction machinery is expected to stay strong. Moreover, the incorporation of advanced technology and an emphasis on sustainability are set to shape the future market, promoting the use of more efficient, innovative, and environmentally friendly 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. Turkiye 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. Turkiye Heavy Construction Equipment Market – Analysis
6.1 Turkiye Heavy Construction Equipment Market Revenue (US$ Million), 2021–2031
6.2 Turkiye Heavy Construction Equipment Market Revenue and Forecast Analysis
7. Turkiye Heavy Construction Equipment Market Analysis – by Type
7.1 Turkiye Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Type
8. Turkiye Heavy Construction Equipment Market Analysis – by Power Output
8.1 Turkiye Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Power Output
9. Turkiye Heavy Construction Equipment Market Analysis – by Propulsion Type
9.1 Turkiye Heavy Construction Equipment Market – Revenue and Forecast, 2021–2031 (US$ Million) – by Propulsion Type
10. Turkiye Heavy Construction Equipment Market Analysis – by End-use Industry
10.1 Turkiye 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. Turkiye Heavy Construction Equipment Market Segmentation
Table 2. List of Vendors
Table 3. Turkiye Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million)
Table 4. Turkiye Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 5. Turkiye Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 6. Turkiye Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 7. Turkiye Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Power Output
Table 8. Turkiye Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Power Output
Table 9. Turkiye Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by Propulsion Type
Table 10. Turkiye Heavy Construction Equipment Market – Revenue Forecast, 2025–2031 (US$ Million) – by Propulsion Type
Table 11. Turkiye Heavy Construction Equipment Market – Revenue, 2021–2024 (US$ Million) – by End-use Industry
Table 12. Turkiye 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. Turkiye 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
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

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.
Chat Now
Contact Us