Global Construction Equipment Market Overview, 2025 | Market Size, Market Share, Market Trends

by Bonafide Research Bonafide Research: Market Research Reports & Indus

The high capital-intensive investment requiring construction machineries has been a vital part of the economy globally. These equipments not only helps in decreasing the time involved in the process, but also increases the efficiency of the process with less human intervention. The work efficiency have increased quite well with the inclusion of the machineries which have made it possible for the construction contractors to complete multiple projects at a time. The overall global construction market was recorded at USD 110.67 Billion in the year 2014, owing to the increasing demand for the infrastructural construction worldwide.

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The need for abrupt and flawless constructions has propelled the demand in the construction equipment market across the world, according to the recently published by Bonafide Research, report titled 'Global Construction Equipment Market Outlook, 2025'. The dominating earthmoving machinery sector is expected to show a decline in the market share by the forecasted period, while the road construction equipment is expected to show a growth of more than 7%. While the developed countries are expected to increase in demand for the material handling machineries, the economically backward governments are to shift their concentration towards road transportation development, which would be a great support the economic boost. The higher productivity with an optimum fuel usage is the prime factor that the customer looks for in such construction support equipments, as the investment made behind such purchase are high.
The pandemic is likely to leave the economic shaken and resulting into a fall of construction and the real estate industry. Moreover, the industry has been facing a shortage of skilled labours over the past few years. As the existing labour force is retiring due to the age factor, the industry is in struggle to fill up the positions. Even though these machineries are designed to meet the labour shortage, the operators need to be technically skilled enough to handle them.
As the global construction equipment market is growing, the market has shown a growth at the individual regional levels too. Regionally the major shareholder for construction equipment market is Asia Pacific. The region has shown an increasing trend over the years in this segment. This increasing demand in the construction equipment industry is due to the increasing investment in the infrastructural development in the developing countries of the region. The smaller regions of Latin America and Middle East & African countries are likely to show an increase in the market share. The US accounts to the highest market share in the global equipment market as an individual country.
Since last many decades, the use of concrete and stones are popular among the road building materials due to its high durability and resistance to extreme weather conditions. The demand for these type of machinery have been in a growing pattern with the increasing need for better land connectivity among the cities and the nations which in turn is to offer a better support to economy. The increasing urban population would increase the demand of public transports and better road networks. With the help of advanced technologies, the road networks are expected to have smart concrete materials used in its constructions. This is expected to grow the demand for the more dynamic equipments that would fulfil the requirements of the contractors. On the other hand, the vertical expansion in constructions is to let the material handling machinery segment cover a market of more than 20%.

MAJOR COMPANIES PRESENT IN THE MARKET
Caperpillar, Doosan, Epiroc, Hitachi Constructions, JCB, John Deere, Kobelco, Komatsu, Kubota, Liebherr, Metso, Sandvik Mining And Rock Technology, Sany, Terex, Volvo Construction Equipment, Zoomlion
CONSIDERED IN THE REPORT
• Geography: World Wide
• Base year: 2018-19
• Historical year: 2013-14
• Estimated year: 2019-20
• Forecasted year: 2024-25

REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
The report also covers the major countries in the region with a clear comparison of the past performance and the estimated growth of the market in the forecasted period. Also, the market is studied in detail with respect to the different types of the excavators and its purposes regionally.

ASPECTS COVERED IN THE REPORT
• Market Size By Value for the time period (2014-2019)
• Market Size By Value for the time period (2020-2025)
• Market Share by Application (2019 & 2025)
• Market Share by Machine Type (2019 & 2025)
• Market Share by Region (2019 & 2025)
• Market Share by Country (2019 & 2025)
• Market Share by Company (2019)

THE APPROACH OF THE REPORT:
We keep an eye on evolving markets and try to evaluate the potentials in the product and services. If we found the market interesting, we start working on it and create the desired table of content considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personals, company owners, dealers, distributors & end-users. Once the questionnaires have been finalized, we start collecting the primary data (majorly through phone calls) and try to understand the market dynamics with regional/tier wise. This process gives us in-depth detail of the market including all present companies, the top-performing product with reasons why they dominate; we get the details of new players and their innovative approach and market trends, dynamics, and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. By this, we get a rough estimate of the market and start checking existing product price variant, trade, production, raw material scenario, policies and regulatory landscape, etc. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but giving more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validates the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in strategic recommendations’ for new as well as the existing players. The QC team then checks the overall report that includes spell check, data verification and makes the same dispatch ready and error-free.

INTENDED AUDIENCE
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the construction machinery and excavator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

1. Report Methodology
2. Market Structure
3. Executive Summary
4. Global Construction Equipment Market Outlook
4.1 Market Size By Value
4.2 Market Share
4.2.1 By Application
4.2.2 By Region
4.2.3 By Country
4.2.4 By Company
4.3 Global Earth Moving Machinery Market Outlook
4.4 Global Material Handling Machinery Market Outlook
4.5 Global Concrete and Road Construction Machinery Market Outlook
5. North America Construction Equipment Market Outlook
5.1 Market Size By Value
5.2 Market Share
5.2.1 By Country
5.2.2 By Application
5.2.3 Market Share By Equipment type
5.3 US Construction Equipment Market Outlook
5.4 Canada Construction Equipment Market Outlook
5.5 Mexico Construction Equipment Market Outlook
5.6 Rest Of North America Construction Equipment Market Outlook
6. Europe Construction Equipment Market Outlook
6.1 Market Size By Value
6.2 Market Share
6.2.1 By Country
6.2.2 By Application
6.2.3 By Equipment type
6.3 UK Construction Equipment Market Outlook
6.4 Germany Construction Equipment Market Outlook
6.5 Russia Construction Equipment Market Outlook
6.6 France Construction Equipment Market Outlook
6.7 Spain Construction Equipment Market Outlook
6.8 Italy Construction Equipment Market Outlook
6.9 Rest Of Europe Construction Equipment Market Outlook
7. Asia Pacific Construction Equipment Market Outlook
7.1 Market Size By Value
7.2 Market Share
7.2.1 By Country
7.2.2 By Application
7.2.3 By Equipment type
7.3 Japan Construction Equipment Market Outlook
7.4 China Construction Equipment Market Outlook
7.5 India Construction Equipment Market Outlook
7.6 Australia Construction Equipment Market Outlook
7.7 Rest of Asia Pacific Construction Equipment Market Outlook
8. Latin America Construction Equipment Market Outlook
4.1 Market Size By Value
8.2 Market Share
8.2.1 By Country
8.2.2 By Application
8.2.3 By Equipment type
8.3 Brazil Construction Equipment Market Outlook
8.4 Argentina Construction Equipment Market Outlook
8.5 Colombia Construction Equipment Market Outlook
8.6 Rest of Latin America Construction Equipment Market Outlook
9. Middle East & Africa Construction Equipment Market Outlook
9.1 Market Size by Value
9.2 Market Share
9.2.1 By Country
9.2.2 By Application
9.2.3 By Equipment type
9.3 UAE Construction Equipment Market Outlook
9.4 Saudi Arabia Construction Equipment Market Outlook
9.5 Qatar Construction Equipment Market Outlook
9.6 South Africa Construction Equipment Market Outlook
9.7 Rest of Middle East & Africa Construction Equipment Market Outlook
10. Global Construction Equipment Market Dynamics
10.1 Key Drivers
10.2 Key Challenges
11. Market Trends & Developments
12. Competitive Landscape
12.1 Porter's Five Forces
12.2 Company Profile
12.2.1 Caterpillar Private Limited
12.2.2 Doosan Infracore
12.2.3 Hitachi Construction Machinery Co. Ltd
12.2.4 John Deere Ltd
12.2.5 Komatsu Ltd.
12.2.6 Liebherr Group
12.2.7 Sany Group
12.2.8 Volvo Construction Equipments
12.2.9 XCMG Ltd.
12.2.10 Zoomlion Co. Ltd.
13. Disclaimer

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