Asia Construction Equipment

The Thailand construction equipment market size is expected to grow at a CAGR of 4.65% from 2024 to 2030. KEY HIGHLIGHTS Earthmoving equipment accounted for the largest market share in the Thailand construction equipment market in 2024. Excavators in the earthmoving segment accounted for the largest ...

The Philippines construction equipment market size is expected to grow at a CAGR of 4.25% from 2024 to 2030. IMPACT OF TARIFF The U.S. government imposed a 19% tariff on the Philippines in 2025. However, the Philippine Government has not imposed any retaliatory tariffs on U.S. products. The Philippi ...

The Vietnam construction equipment market size is expected to grow at a CAGR of 11.25% from 2024 to 2030. IMPACT OF TARIFF The Vietnam construction equipment market is moderately affected by tariffs. Several Japanese brands, such as Komatsu and Hitachi, have strong distribution facilities in the cou ...

PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Renting of Agricultural, Construction and Other Machinery: ISIC 712 market at a national level. It provides the latest r ...

PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Machinery for Construction, Mining and Quarrying: ISIC 2924 market at a national level. It provides the latest retail sa ...

Construction Equipment Manufacturing in China China is one of the largest manufacturing countries and consumers of building construction equipment in the world. Industry revenue is expected to rise at an annualized 19.4% over the five years through 2023, to reach $198.8 billion. This trend includes ...

Building Material Production Equipment Manufacturing in China The development of real estate, high-speed rail lines and other infrastructure in China has contributed to steadily rising demand for building material production equipment. Revenue for the Building Material Production Equipment Manufactu ...

The Indonesia construction equipment market is expected to grow at a CAGR of 4.12% from 2024 to 2030. IMPACT OF TARIFF The Indonesia construction equipment market is moderately affected by tariffs. Several Japanese brands, such as Komatsu and Hitachi, have local manufacturing facilities in Indonesi ...

The 2025 Farm & Construction Equipment Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2016-2029. This 63-page Kentley Insights report is packed with insightful data sets and forecast ...

The 2025 Construction Equipment Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2016-2029. This 63-page Kentley Insights report is packed with insightful data sets and forecasts to gi ...

The study provides an overview of the off-highway equipment market in China, with a specific focus on construction, mining, and agriculture. China has a large population of 1.4 billion people, a vast geographical area, and rich natural resources. Key activities such as infrastructure construction, m ...

Amphibious excavators are unique pieces of heavy equipment that are capable of functioning both on land as well as in water. They combine the features of an excavator and a boat making them extremely useful for construction projects near or in aquatic environments. These machines have fully sealed a ...

The construction sector in South Korea was valued at approximately US$166 billion in 2023 but experienced a decline of 6.7% compared to 2022, according to the Construction and Economy Research Institute of Korea (CERIK) and the Construction Association of Korea (CAK). The industry’s development inve ...

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 h ...

The heavy construction equipment market in Indonesia is being driven primarily by rising infrastructure projects and increased government funding. In September 2024, the Millennium Challenge Corporation (MCC) and the Indonesian government announced a joint investment of US$649 million to support the ...

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 ...

The heavy construction equipment market in Singapore is largely propelled by several key factors tied to the nation’s infrastructure development, urbanization, and technological progress. These elements significantly boost the demand for construction machinery, including excavators, cranes, loaders, ...

The construction equipment market in Malaysia is influenced by several factors, including rising demand for infrastructure, urbanization, industrial growth, and sustained government investment in development projects. Under the 12th Malaysia Plan (2021–2025), the government has launched numerous lar ...

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 ai ...

India’s infrastructure and construction industry has undergone remarkable growth and transformation in recent years, driven by the country’s rapid economic progress. The construction sector includes both real estate and urban development. The real estate segment covers offices, residential buildings ...

The heavy construction equipment market in Bangladesh has seen significant growth in recent years, fueled by major infrastructure investments, rapid urbanization, and economic expansion. With a rising population and numerous ongoing urban development projects, the demand for construction machinery i ...

Taiwan’s heavy construction equipment market is shaped by several key factors, including government infrastructure investments, technological progress, urbanization, and economic growth. Renowned for its strong manufacturing base and technological innovation, Taiwan has seen steady demand for heavy ...

Japan’s rapidly growing population and industrial development are positively influencing its heavy construction equipment market. The construction sector remains a key pillar of the Japanese economy, contributing approximately 12.3% to the nation’s GDP in 2023. The industry’s growth in recent years ...

The Heavy Construction Equipment Market size is expected to reach US$ 148.30 billion by 2031 from US$ 93.30 billion in 202 4. The market is estimated to record a CAGR of 7.00% from 2025 to 2031 . Executive Summary and Asia Pacific Heavy Construction Equipment Market Analysis: The heavy construction ...

The Russian heavy construction equipment market is experiencing growth, driven by significant government investments aimed at modernizing the country’s transportation infrastructure. The government’s focus on infrastructure development, supported by increased public funding, is expected to drive dem ...