Global construction machinery market 2024-2028

Description

List of Tables

The construction machinery market is forecasted to grow by USD 37.3 bn during 2023-2028, accelerating at a CAGR of 3.78% during the forecast period. The report on the construction machinery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased investment in infrastructure, expanding manufacturing and distribution facilities, and new product launches.

Technavio's construction machinery market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.61%
CAGR	3.78%
Incremental Value	$37.3bn

By Application

Commercial
Residential
Infrastructure

By Product

Earthmoving machinery
Material handling machinery
Concrete and road construction machinery
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the growing trend of construction equipment rentals as one of the prime reasons driving the construction machinery market growth during the next few years. Also, emergence of SMART cities and adoption of new technologies and materials will lead to sizable demand in the market.

The report on the construction machinery market covers the following areas:

Construction machinery market sizing
Construction machinery market forecast
Construction machinery market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading construction machinery market vendors that include AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere and Co., Doosan Bobcat Inc., Hitachi Ltd., Hyundai Motor Co., J C Bamford Excavators Ltd., Kawasaki Heavy Industries Ltd., Kobe Steel Ltd., Komatsu Ltd., Liebherr International Deutschland GmbH, Linamar Corp., Manitou BF SA, Sany Group, Tadano Ltd., Terex Corp., Xuzhou Construction Machinery Group Co. Ltd., Yanmar Holdings Co. Ltd., and Zoomlion Heavy Industry Science and Technology Co. Ltd.. Also, the construction machinery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43599

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Construction Machinery Market 2018 - 2022
- Historic Market Size - Data Table on Global Construction Machinery Market 2018 - 2022 ($ billion)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Commercial - Market size and forecast 2023-2028
- Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
- Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
- Chart on Commercial - Year-over-year growth 2023-2028 (%)
- Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.4 Residential - Market size and forecast 2023-2028
- Chart on Residential - Market size and forecast 2023-2028 ($ billion)
- Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
- Chart on Residential - Year-over-year growth 2023-2028 (%)
- Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.5 Infrastructure - Market size and forecast 2023-2028
- Chart on Infrastructure - Market size and forecast 2023-2028 ($ billion)
- Data Table on Infrastructure - Market size and forecast 2023-2028 ($ billion)
- Chart on Infrastructure - Year-over-year growth 2023-2028 (%)
- Data Table on Infrastructure - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
- Market opportunity by Application ($ billion)
- Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Earthmoving machinery - Market size and forecast 2023-2028
- Chart on Earthmoving machinery - Market size and forecast 2023-2028 ($ billion)
- Data Table on Earthmoving machinery - Market size and forecast 2023-2028 ($ billion)
- Chart on Earthmoving machinery - Year-over-year growth 2023-2028 (%)
- Data Table on Earthmoving machinery - Year-over-year growth 2023-2028 (%)
7.4 Material handling machinery - Market size and forecast 2023-2028
- Chart on Material handling machinery - Market size and forecast 2023-2028 ($ billion)
- Data Table on Material handling machinery - Market size and forecast 2023-2028 ($ billion)
- Chart on Material handling machinery - Year-over-year growth 2023-2028 (%)
- Data Table on Material handling machinery - Year-over-year growth 2023-2028 (%)
7.5 Concrete and road construction machinery - Market size and forecast 2023-2028
- Chart on Concrete and road construction machinery - Market size and forecast 2023-2028 ($ billion)
- Data Table on Concrete and road construction machinery - Market size and forecast 2023-2028 ($ billion)
- Chart on Concrete and road construction machinery - Year-over-year growth 2023-2028 (%)
- Data Table on Concrete and road construction machinery - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Product
- Market opportunity by Product ($ billion)
- Data Table on Market opportunity by Product ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ billion)
- Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ billion)
- Data Table on South America - Market size and forecast 2023-2028 ($ billion)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ billion)
- Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 AB Volvo
- AB Volvo - Overview
- AB Volvo - Business segments
- AB Volvo - Key news
- AB Volvo - Key offerings
- AB Volvo - Segment focus
12.4 Caterpillar Inc.
- Caterpillar Inc. - Overview
- Caterpillar Inc. - Business segments
- Caterpillar Inc. - Key news
- Caterpillar Inc. - Key offerings
- Caterpillar Inc. - Segment focus
12.5 CNH Industrial NV
- CNH Industrial NV - Overview
- CNH Industrial NV - Business segments
- CNH Industrial NV - Key offerings
- CNH Industrial NV - Segment focus
12.6 Deere and Co.
- Deere and Co. - Overview
- Deere and Co. - Business segments
- Deere and Co. - Key news
- Deere and Co. - Key offerings
- Deere and Co. - Segment focus
12.7 Doosan Bobcat Inc.
- Doosan Bobcat Inc. - Overview
- Doosan Bobcat Inc. - Product / Service
- Doosan Bobcat Inc. - Key offerings
12.8 Hitachi Ltd.
- Hitachi Ltd. - Overview
- Hitachi Ltd. - Business segments
- Hitachi Ltd. - Key news
- Hitachi Ltd. - Key offerings
- Hitachi Ltd. - Segment focus
12.9 Hyundai Motor Co.
- Hyundai Motor Co. - Overview
- Hyundai Motor Co. - Business segments
- Hyundai Motor Co. - Key news
- Hyundai Motor Co. - Key offerings
- Hyundai Motor Co. - Segment focus
12.10 J C Bamford Excavators Ltd.
- J C Bamford Excavators Ltd. - Overview
- J C Bamford Excavators Ltd. - Product / Service
- J C Bamford Excavators Ltd. - Key offerings
12.11 Kawasaki Heavy Industries Ltd.
- Kawasaki Heavy Industries Ltd. - Overview
- Kawasaki Heavy Industries Ltd. - Business segments
- Kawasaki Heavy Industries Ltd. - Key offerings
- Kawasaki Heavy Industries Ltd. - Segment focus
12.12 Kobe Steel Ltd.
- Kobe Steel Ltd. - Overview
- Kobe Steel Ltd. - Business segments
- Kobe Steel Ltd. - Key offerings
- Kobe Steel Ltd. - Segment focus
12.13 Komatsu Ltd.
- Komatsu Ltd. - Overview
- Komatsu Ltd. - Business segments
- Komatsu Ltd. - Key offerings
- Komatsu Ltd. - Segment focus
12.14 Liebherr International Deutschland GmbH
- Liebherr International Deutschland GmbH - Overview
- Liebherr International Deutschland GmbH - Product / Service
- Liebherr International Deutschland GmbH - Key offerings
12.15 Manitou BF SA
- Manitou BF SA - Overview
- Manitou BF SA - Product / Service
- Manitou BF SA - Key offerings
12.16 Sany Group
- Sany Group - Overview
- Sany Group - Product / Service
- Sany Group - Key offerings
12.17 Terex Corp.
- Terex Corp. - Overview
- Terex Corp. - Business segments
- Terex Corp. - Key offerings
- Terex Corp. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations