The construction equipment market was valued at USD 168 billion in 2021, and it is projected to reach USD 249 billion by 2030, growinbg at a CAGR of over 6.9% during the forecast period (2022 -2030).

The considerable investments in infrastructure activities, operating cost efficiency, and the surge in smart city projects are vital factors expected to boom in the global construction equipment market. According to the World Bank, the world population has increased from 3 billion to 7.5 billion over three decades.

Major market player included in this report are:
Volvo Construction Equipment
CNH Industrial
Komatsu
Caterpillar
John Deere
Hitachi Construction Equipment
Liebherr

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
Excavator Crawler and Mini
Loader Backhoe
Skid-steer
Wheeled
Other Equipment
By Category
Earthmoving Equipment
Material-Handling Equipment
Heavy Construction Vehicles
Other Equipment
By Application
Infrastructure
Commercial Buildings
Residential Buildings
Industrial Buildings


By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA

Furthermore, years considered for the study are as follows:

Historical year 2017, 2019
Base year 2021
Forecast period 2022 to 2030.

Target Audience of the Global Construction Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors