Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1553668
PUBLISHER: Grand View Research | PRODUCT CODE: 1553668
Heavy Construction Equipment Market Size, Share & Trends Analysis Report By Machinery, By Application, By Propulsion, By Power Output, By Engine Capacity, By End Use, By Region, And Segment Forecasts, 2024 - 2030
PUBLISHED:
PAGES: 100 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Heavy Construction Equipment Market Growth & Trends:
The global heavy construction equipment market size is expected to reach USD 289.3 billion in 2030 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. Increased investment in infrastructure has been a major factor driving market growth.
Rise in infrastructural development around the world is the key catalyst that will propel market growth over the forecast period. Infrastructural development results in increased construction activities, which eventually creates a demand for heavy duty construction equipment. Developed infrastructure boosts economic growth by assisting cross-border trade and industrial growth.
Private financing is a key way to fund infrastructural development plans. For instance, infrastructure development in India has witnessed increased participation of private players in recent years. Moreover, the Indian government has increased its budget for infrastructural development.
Heavy construction equipment market is likely to witness high demand due to various government initiatives to expand airports globally. As of January 2015, global investments for construction of airports was nearly USD 540.0 billion. For instance, news reports suggest that the total number of passengers traveling via Mumbai (India) airport has tripled in the last decade. To overcome this, the Indian government has approved an investment of USD 2 billion for the construction of the Navi Mumbai airport, which will help distribute domestic and international passengers. Development plans such as these are sure to give the global market a major boost.
Heavy Construction Equipment Market Report Highlights:
- The global heavy construction equipment market size is expected to reach USD 289.3 billion in 2030 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. Increased investments in the infrastructure sector, especially in developing countries such as India, Malaysia, and Indonesia, is a key factor
- The material handling equipment segment dominated the market and accounted for a revenue share of 51.0% in 2023. The material handling equipment segment dominated the market and accounted for a revenue share of 51.0% in 2023.
- Earth moving machinery is expected to experience the fastest CAGR of 5.9% during the forecast period. This can be attributed to rise in investments to develop airports across the globe
- Asia Pacific heavy construction equipment market is anticipated to witness the fastest growth from 2024 to 2030. This can be attributed to growth of construction activities in countries such as India, Malaysia, and China
Product Code: GVR-2-68038-283-9
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Heavy Construction Equipment Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.4. Heavy Construction Equipment Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- 3.4.1. Porter's Analysis
Chapter 4. Heavy Construction Equipment Market: Machinery Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Heavy Construction Equipment Market: Machinery Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Earthmoving Equipment
- 4.3.1. Earthmoving Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Material Handling Equipment
- 4.4.1. Material Handling Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Heavy Construction Equipment
- 4.5.1. Heavy Construction Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. Others
- 4.6.1. Other Machineries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Heavy Construction Equipment Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Heavy Construction Equipment Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Excavation & Demolition
- 5.3.1. Excavation & Demolition Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Heavy Lifting
- 5.4.1. Heavy Lifting Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Material Handling
- 5.5.1. Material Handling Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Tunneling
- 5.6.1. Tunneling Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Transportation
- 5.7.1. Transportation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.8. Recycling & Waste Management
- 5.8.1. Recycling & Waste Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Heavy Construction Equipment Market: Propulsion Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Heavy Construction Equipment Market: Propulsion Analysis, 2023 & 2030 (USD Billion)
- 6.3. ICE
- 6.3.1. ICE Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Electric
- 6.4.1. Electric Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Heavy Construction Equipment Market: Power Output Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Heavy Construction Equipment Market: Power Output Analysis, 2023 & 2030 (USD Billion)
- 7.3. <100 HP
- 7.3.1. <100HP Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. 101-200 HP
- 7.4.1. 101-200 HP Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. 201 - 400 HP
- 7.5.1. 201-400 HP Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6. >400 HP
- 7.6.1. >400 HP Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Heavy Construction Equipment Market: Engine Capacity Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Heavy Construction Equipment Market: Engine Capacity Analysis, 2023 & 2030 (USD Billion)
- 8.3. <5L
- 8.3.1. <5L Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.4. 5-10L
- 8.4.1. 5-10L Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 8.5. >10L
- 8.5.1. >10L Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 9. Heavy Construction Equipment Market: End Use Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Heavy Construction Equipment Market: End Use Movement Analysis, 2023 & 2030 (USD Billion)
- 9.3. Building & Construction
- 9.3.1. Building & Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.4. Forestry & Agriculture
- 9.4.1. Forestry & Agriculture Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.5. Infrastructure
- 9.5.1. Infrastructure Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.6. Mining
- 9.6.1. Mining Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 9.7. Others
- 9.7.1. Other End Use Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 10. Heavy Construction Equipment Market: Regional Estimates & Trend Analysis
- 10.1. Heavy Construction Equipment Market Share, By Region, 2023 & 2030 (USD Million)
- 10.2. North America
- 10.2.1. North America Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.2.2. U.S.
- 10.2.2.1. U.S. Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.2.3. Canada
- 10.2.3.1. Canada Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.2.4. Mexico
- 10.2.4.1. Mexico Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.3. Europe
- 10.3.1. Europe Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.3.2. UK
- 10.3.2.1. UK Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.3.3. Germany
- 10.3.3.1. Germany Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.3.4. France
- 10.3.4.1. France Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.4. Asia Pacific
- 10.4.1. Asia Pacific Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.4.2. China
- 10.4.2.1. China Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.4.3. Japan
- 10.4.3.1. Japan Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.4.4. India
- 10.4.4.1. India Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.4.5. South Korea
- 10.4.5.1. South Korea Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.4.6. Australia
- 10.4.6.1. Australia Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.5. Latin America
- 10.5.1. Latin America Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.5.2. Brazil
- 10.5.2.1. Brazil Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.6. Middle East and Africa
- 10.6.1. Middle East and Africa Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.6.2. Saudi Arabia
- 10.6.2.1. Saudi Arabia Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.6.3. UAE
- 10.6.3.1. UAE Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 10.6.4. South Africa
- 10.6.4.1. South Africa Heavy Construction Equipment Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 11. Competitive Landscape
- 11.1. Recent Developments & Impact Analysis by Key Market Participants
- 11.2. Company Categorization
- 11.3. Company Heat Map Analysis
- 11.4. Company Profiles
- 11.4.1. Caterpillar
- 11.4.1.1. Participant's Overview
- 11.4.1.2. Financial Performance
- 11.4.1.3. Product Benchmarking
- 11.4.1.4. Recent Developments/ Strategic Initiatives
- 11.4.2. Komatsu Ltd.
- 11.4.2.1. Participant's Overview
- 11.4.2.2. Financial Performance
- 11.4.2.3. Product Benchmarking
- 11.4.2.4. Recent Developments/ Strategic Initiatives
- 11.4.3. AB Volvo
- 11.4.3.1. Participant's Overview
- 11.4.3.2. Financial Performance
- 11.4.3.3. Product Benchmarking
- 11.4.3.4. Recent Developments/ Strategic Initiatives
- 11.4.4. Hitachi Construction Machinery Co., Ltd.
- 11.4.4.1. Participant's Overview
- 11.4.4.2. Financial Performance
- 11.4.4.3. Product Benchmarking
- 11.4.4.4. Recent Developments/ Strategic Initiatives
- 11.4.5. Deere & Company.
- 11.4.5.1. Participant's Overview
- 11.4.5.2. Financial Performance
- 11.4.5.3. Product Benchmarking
- 11.4.5.4. Recent Developments/ Strategic Initiatives
- 11.4.6. CNH Industrial N.V.
- 11.4.6.1. Participant's Overview
- 11.4.6.2. Financial Performance
- 11.4.6.3. Product Benchmarking
- 11.4.6.4. Recent Developments/ Strategic Initiatives
- 11.4.7. LIEBHERR
- 11.4.7.1. Participant's Overview
- 11.4.7.2. Financial Performance
- 11.4.7.3. Product Benchmarking
- 11.4.7.4. Recent Developments/ Strategic Initiatives
- 11.4.8. Kobelco Construction Machinery Co., Ltd.
- 11.4.8.1. Participant's Overview
- 11.4.8.2. Financial Performance
- 11.4.8.3. Product Benchmarking
- 11.4.8.4. Recent Developments/ Strategic Initiatives
- 11.4.9. SANY
- 11.4.9.1. Participant's Overview
- 11.4.9.2. Financial Performance
- 11.4.9.3. Product Benchmarking
- 11.4.9.4. Recent Developments/ Strategic Initiatives
- 11.4.10. XCMG GROUP
- 11.4.10.1. Participant's Overview
- 11.4.10.2. Financial Performance
- 11.4.10.3. Product Benchmarking
- 11.4.10.4. Recent Developments/ Strategic Initiatives
- 11.4.1. Caterpillar
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.