Heavy construction equipment market

Best Price Guarantee	Publisher	Published Date	SKU
from $3,475	Evolve Business Intelligence	April, 2025	EVBI19931934

Best Price Guarantee
Price	from $3,475
Publisher	Evolve Business Intelligence
Published Date	April, 2025
SKU	EVBI19931934

The heavy construction equipment market is a large and growing industry, expected to reach a value of USD 287.24 billion by 2033. This market involves the manufacturing, selling, and use of powerful machinery for construction projects. Examples of this equipment include excavators, bulldozers, cranes, and dump trucks. These machines are essential for a variety of construction activities, from building roads and bridges to erecting skyscrapers. The market is anticipated to grow at a steady pace of 5.01% annually over the next decade, driven by factors like increasing infrastructure development and rising demand for new buildings, particularly in developing countries.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Equipment Type (Earthmoving , Material Handling, Heavy Construction Vehicles, Others)
By End-user (Infrastructure, Construction, Mining, Oil & Gas, Manufacturing, Others)
By Application (Excavation & Demolition, Heavy Lifting, Tunnelin, Material Handling, Recycling & Waste Management, Others)

Key players

Volvo Group
Sany Heavy Industry Co. Ltd.
CNH Industrial N.V
Caterpillar Inc
Terex Corporation
Wacker Neuson SE
Hitachi Construction Machinery Co. Ltd.
Deere & Company
Doosan Bobcat
Komatsu Ltd

CHAPTER 1. Executive Summary: CHAPTER 2. Scope of the Study; 2.1. Market Definition; 2.2. Market Scope & Segmentation; 2.2.1. Objective of Report; CHAPTER 3. Evolve BI Methodology; 3.1. Data Collection & Validation Approach; 3.2. Market Size Estimation and Forecast; CHAPTER 4. Exclusive Analysis; 4.1. Market Opportunity Score; 4.1.1. TypeSegement – Market Opportunity Score; 4.1.2. Application Segment – Market Opportunity Score; 4.1.3. End-userSegment – Market Opportunity Score; 4.2. Key Market Influencing Indicators; CHAPTER 5. Market Insights and Trends; 5.1. Value Chain Analysis; 5.1.1. Raw Material; 5.1.2. Manufacturing Process; 5.1.3. Distribution Channel; 5.1.4. End User; 5.2. Porter’s Five Forces Analysis; 5.2.1. Bargaining Power of Buyers; 5.2.2. Bargaining Power of Suppliers; 5.2.3. Threat of New Entrant; 5.2.4. Threat of Substitute; 5.2.5. Industry Rivalry; 5.3. COVID-19 Impact and Post COVID Scenario on Heavy construction equipment market; 5.3.1. Impact of COVID-19; 5.3.2. Government Support and Industry Revival Policies; 5.3.3. Measures Taken by Companies to Mitigate Negative Impact; 5.3.4. Post COVID Trend; CHAPTER 6. MArket Dynamics; 6.1. Introduction; 6.2. Drivers; 6.2.1. Driver 1; 6.2.2. Driver 2; 6.2.3. Driver 3; 6.3. Restraints; 6.3.1. Restraint 1; 6.3.2. Restraint 2; 6.4. Opportunity; 6.4.1. Opportunity 1; CHAPTER 7. Global Heavy construction equipment market, By Equipment Type; 7.1. Introduction; 7.1.1. Earthmoving Equipment,; 7.1.2. Material Handling Equipment; 7.1.3. Heavy Construction Vehicles; 7.1.4. Others; CHAPTER 8. Global Heavy construction equipment market, By Application; 8.1. Introduction; 8.1.1. Excavation & Demolition; 8.1.2. Material Handling; 8.1.3. Heavy Lifting; 8.1.4. Recycling & Waste Management; 8.1.5. Tunneling; CHAPTER 9. Global Heavy construction equipment market, By End-user; 9.1. Introduction; 9.1.1. Metals; 9.1.2. Minerals; 9.1.3. Coal; 9.1.4 Real Estate; 9.1.5. Oil & Gas; 9.1.6 Others; CHAPTER 10. Global Heavy construction equipment market, By Region; 10.1. Introduction; 10.2. NORTH AMERICA; 10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.2.2. North America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.2.3. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.4. North America: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.2.5. US; 10.2.5.1. US: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.2.5.2. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.5.3. US: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.2.6. CANADA; 10.2.6.1. Canada: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.2.6.2. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.6.3. Canada: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.2.7. MEXICO; 10.2.7.1. Mexico: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.2.7.2. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.2.7.3. Mexico: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3. Europe; 10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.3.2. Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.3. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.4. Europe: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.5. U.K.; 10.3.5.1. U.K.: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.5.2. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.5.3. U.K.: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.6. GERMANY; 10.3.6.1. Germany: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.6.2. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.6.3. Germany: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.7. FRANCE; 10.3.7.1. France: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.7.2. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.7.3. France: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.8. ITALY; 10.3.8.1. Italy: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.8.2. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.8.3. Italy: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.9. SPAIN; 10.3.9.1. Spain: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.9.2. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.9.3. Spain: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.10. BENELUX; 10.3.10.1. BeNeLux: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.10.2. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.10.3. BeNeLux: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.11. RUSSIA; 10.3.11.1. Russia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.11.2. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.11.3. Russia: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.3.12. REST OF EUROPE; 10.3.12.1. Rest of Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.3.12.2. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.3.12.3. Rest of Europe: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4. Asia Pacific; 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.4.2. Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.3. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.4. Asia Pacific: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.5. CHINA; 10.4.5.1. China: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.5.2. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.5.3. China: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.6. JAPAN; 10.4.6.1. Japan: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.6.2. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.6.3. Japan: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.7. INDIA; 10.4.7.1. India: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.7.2. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.7.3. India: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.8. SOUTH KOREA; 10.4.8.1. South Korea: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.8.2. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.8.3. South Korea: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.9. THAILAND; 10.4.9.1. Thailand: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.9.2. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.9.3. Thailand: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.10. INDONESIA; 10.4.10.1. Indonesia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.10.2. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.10.3. Indonesia: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.11. MALAYSIA; 10.4.11.1. Malaysia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.11.2. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.11.3. Malaysia: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.12. AUSTRALIA; 10.4.12.1. Australia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.12.2. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.12.3. Australia: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.4.13. REST FO ASIA PACIFIC; 10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.5. South America; 10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.5.2. South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.5.3. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.4. South America: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.5.5. BRAZIL; 10.5.5.1. Brazil: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.5.5.2. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.5.3. Brazil: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.5.6. ARGENTINA; 10.5.6.1. Argentina: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.5.6.2. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.6.3. Argentina: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.5.7. REST OF SOUTH AMERICA; 10.5.7.1. Rest of South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.5.7.2. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.5.7.3. Rest of South America: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.6. Middle East & Africa; 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 10.6.2. Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.6.3. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.4. Middle East & Africa: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.6.5. SAUDI ARABIA; 10.6.5.1. Saudi Arabia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.6.5.2. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.5.3. Saudi Arabia: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.6.6. UAE; 10.6.6.1. UAE: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.6.6.2. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.6.3. UAE: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.6.7. EGYPT; 10.6.7.1. Egypt: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.6.7.2. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.7.3. Egypt: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.6.8. SOUTH AFRICA; 10.6.8.1. South Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.6.8.2. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.8.3. South Africa: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); 10.6.9. REST OF MIDDLE EAST & AFRICA; 10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million); 10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million); 10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By End-user, 2023 – 2033 ($ Million); CHAPTER 12. Competitive Landscape; 12.1. Competitior Benchmarking 2023; 12.2. Market Share Analysis; 12.3. Key Developments Analysis By Top 5 Companies; 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players; CHAPTER 13. Company Profiles; 13.1. Volvo Group; 13.1.1. Business Overview; 13.1.2. Financial Analysis; 13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million; 13.1.2.2. Geographic Revenue Mix, 2022 (% Share); 13.1.3. Product Portfolio; 13.1.4. Recent Development and Strategies Adopted; 13.1.5. SWOT Analysis; 13.2. Sany Heavy Industry Co. Ltd.; 13.3. CNH Industrial N.V; 13.4. Caterpillar Inc; 13.5. Terex Corporation; 13.6. Wacker Neuson SE; 13.7. Hitachi Construction Machinery Co. Ltd.; 13.8. Deere & Company; 13.9. Doosan Bobcat; 13.10. Komatsu Ltd