Report Description

Global construction equipment market stood at USD126.50 billion in 2020 and is projected to grow at a CAGR of 5.08% by 2026, owing to the development of urban infrastructure, including metro rail projects, ports, industrial corridors and freight corridors. Usage in oil & gas, construction, infrastructure, and manufacturing are the primary factors contributing to the growth of the construction equipment market which is anticipated to fuel the global construction equipment market in the coming years.

Construction equipment refers to heavy-duty vehicles specially designed for executing construction tasks, most frequent ones involving earthwork operations. They are also known as heavy machines, heavy trucks, engineering equipment, heavy vehicles, or heavy hydraulics. The basic operations involved in the construction of any project are excavation, digging of large quantities of earth, moving them to fairly long distances, placement, compacting, levelling, dozing, grading, hauling, etc., where construction equipment is used.

Based on End-User Industry, the market is segmented into Oil & Gas, Construction, Infrastructure, Manufacturing and Others. Construction is the leading end user industry in the construction equipment market with the share of 28.09% in 2020. This is due to the increasing inclination towards the adoption of various construction equipment by medium and large builders and real estate developers for the construction of high-rise buildings and skyscrapers. The use of construction equipment in construction reduces the time and increases the efficiency of work which makes it popular among real estate developers.

On the basis of type, the market is segmented into Loader, Cranes, Forklift, Excavator, Dozers, and Others. In 2020, the excavator segment is dominating with a share of 32.99% in the construction equipment market and is expected to grow at a CAGR of 4.44% from 2021-2026. This is due to its heavy weightlifting capacity, rotating cab and movable track which makes it a perfect equipment for material handling, digging trenches and holes to lift away waste and excavating mines. These properties increase the application of excavators in different types of construction and infrastructure projects.

Based on region, in 2020, Asia Pacific accounted for the largest share of 41.25% in the construction equipment market owing to the increasing demand for housing projects as a result of increased population in the region which generates lucrative growth opportunities for the construction equipment market. Moreover, continuous government budgetary allocation towards improvement of rail, road and ports, such as the project “Belt and Road Initiative” by China, are expected to propel the demand for construction equipment in the forecast period. Furthermore, augmenting construction activities in the region are expected to contribute to the growth in the construction equipment market.

Some of the major players operating in the global construction equipment market are Volvo Construction Equipment AB, Komatsu Ltd., Liebherr Group, Zoomlion Heavy Industry Science And Technology Co., Ltd, Caterpillar Inc., Atlas Copco AB, Hitachi Ltd., CNH INDUSTRIAL N.V., TEREX CORPORATION, Hyundai Doosan Infracore (Doosan Infracore Co., Ltd.), Deere & Company (John Deere), and Xuzhou Construction Machinery Group Co., Ltd. (XCMG), among others.

Years Considered for this Report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

·         The primary objective of the study is to understand and gain insights about Global Construction Equipment Market by Type (Loader, Cranes, Forklift, Excavator, Dozers, and Others), By Power Output (<100 hp, 101-200 hp, 201-400 hp, and >400 hp), By Application (Material Handling, Excavation & Demolition, Recycling & Waste Management, Tunneling and Others), By End User Industry (Oil & Gas, Construction, Infrastructure, Manufacturing, Others), By Region, from 2016-2026.

·         To analyze historical growth in market size of Global Construction Equipment Market from 2016 to 2020.

·         To estimate and forecast the market size of Global Construction Equipment Market from 2021 to 2026 and growth rate until 2026.

·         To understand the respective region market structure of Global Construction Equipment Market, namely – North America, Europe, Asia-Pacific, Middle East & Africa and South America.

·         To identify the detailed information about the prime factors affecting Global Construction Equipment Market

·         To evaluate competitive pricing, average market selling prices and margins in Global Construction Equipment Market.

·         To examine competitive developments such as new entrants, government policy and investments in Global Construction Equipment Market.

·         To strategically profile the leading players in the market which are involved in Global Construction Equipment Market.


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To analyze and forecast global construction equipment market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at the source. A brief study of the major players operating in global construction equipment market was also undertaken. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future of major players was studied and projects which have commissioned in the country were identified.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers of construction equipment
  • Raw materials suppliers and manufacturers

·         Research organizations and consulting companies

·         Traders, distributors, and suppliers

·         Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as construction equipment companies, customers and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the global construction equipment market has been segmented into the following categories in addition to the industry trends which have also been listed below:

·         Global Construction Equipment Market, By Type:

    • Loader
    • Forklift
    • Excavator
    • Dozers
    • Others

·         Global Construction Equipment Market, By Power Output:

o   <100hp

o   101-200 hp

o   201-400 hp

o   >400 hp

·         Global Construction Equipment Market, By Application:

o   Material Handling

o   Excavation & Demolition

o   Recycling & Waste Management

o   Tunneling

o   Others

  • Global Construction Equipment Market, By End User Industry:

o   Oil & Gas

o   Construction

o   Infrastructure

o   Manufacturing

o   Others

  • Global Construction Equipment Market, By Region:

o   North America

o   Europe

o   Asia-Pacific

o   Middle East & Africa

o   South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Construction Equipment Market. 

Voice of Customer:

o   Brand Recall

o   Brand Satisfaction

o   Factors Influencing Purchase Decision

o   Customer Satisfaction

o   Challenges/Unmet Needs

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.       Product Overview

2.       Research Methodology

3.       Executive Summary

4.       Impact of COVID-19 on Global Construction Equipment Market

4.1.    Measures to Mitigate COVID-19 Impact

5.       Voice of Customer

5.1.    Brand Recall

5.2.    Brand Satisfaction

5.3.    Factors Influencing Purchase Decision

5.4.    Customer Satisfaction

5.5.    Challenges/Unmet Needs

6.       Global Construction Equipment Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Type (Loader, Cranes, Forklift, Excavator, Dozers, and Others)

6.2.2.By Power Output (<100 hp, 101-200 hp, 201-400 hp, and >400 hp)

6.2.3.By Application (Material Handling, Excavation & Demolition, Recycling & Waste Management, Tunneling and Others)

6.2.4.By End User Industry (Oil & Gas, Construction, Infrastructure, Manufacturing, Others)

6.2.5.By Region

6.2.6.By Company (2020)

6.3.    Market Map (By Type, By Power Output, By Application, By End User Industry and By Region)

7.       Asia-Pacific Construction Equipment Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume              

7.2.    Market Share & Forecast                                     

7.2.1.By Type     

7.2.2.By Power Output                                        

7.2.3.By Application                                              

7.2.4.By End User Industry                                 

7.2.5.By Country                                                     

7.3.    Asia-Pacific: Country Analysis                             

7.3.1.China Construction Equipment Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1.By Value & Volume

7.3.1.2. Market Share & Forecast

7.3.1.2.1.By Type

7.3.1.2.2.By Application

7.3.1.2.3.By End User Industry

7.3.2.  Japan Construction Equipment Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1.By Value & Volume

7.3.2.2. Market Share & Forecast

7.3.2.2.1.By Type

7.3.2.2.2.By Application

7.3.2.2.3.By End User Industry

7.3.3.  India Construction Equipment Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1.By Value & Volume

7.3.3.2. Market Share & Forecast

7.3.3.2.1.By Type

7.3.3.2.2.By Application

7.3.3.2.3.By End User Industry

7.3.4.  South Korea Construction Equipment Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1.By Value & Volume

7.3.4.2. Market Share & Forecast

7.3.4.2.1.By Type

7.3.4.2.2.By Application

7.3.4.2.3.By End User Industry

7.3.5.  Australia Construction Equipment Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1.By Value & Volume

7.3.5.2. Market Share & Forecast

7.3.5.2.1.By Type

7.3.5.2.2.By Application

7.3.5.2.3.By End User Industry

8.       North America Construction Equipment Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume       

8.2.    Market Share & Forecast

8.2.1.By Type       

8.2.2.By Power Output           

8.2.3.By Application                 

8.2.4.By End User Industry    

8.2.5.By Country

8.3.    North America: Country Analysis                      

8.3.1.United Sates Construction Equipment Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1.By Value & Volume

8.3.1.2. Market Share & Forecast

8.3.1.2.1.By Type

8.3.1.2.2.By Application

8.3.1.2.3.By End User Industry

8.3.2.  Canada Construction Equipment Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1.By Value & Volume

8.3.2.2. Market Share & Forecast

8.3.2.2.1.By Type

8.3.2.2.2.By Application

8.3.2.2.3.By End User Industry

8.3.3.  Mexico Construction Equipment Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1.By Value & Volume

8.3.3.2. Market Share & Forecast

8.3.3.2.1.By Type

8.3.3.2.2.By Application

8.3.3.2.3.By End User Industry

9.       Europe Construction Equipment Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume       

9.2.    Market Share & Forecast

9.2.1.By Type       

9.2.2.By Power Output           

9.2.3.By Application                 

9.2.4.By End User Industry    

9.2.5.By Country

9.3.    Europe: Country Analysis                                     

9.3.1.Germany Construction Equipment Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1.By Value & Volume

9.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Application

7.3.1.2.3. By End User Industry

9.3.2.  United Kingdom Construction Equipment Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1.By Value & Volume

9.3.2.2. Market Share & Forecast

9.3.2.2.1.By Type

9.3.2.2.2.By Application

9.3.2.2.3.By End User Industry

9.3.3.  France Construction Equipment Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1.By Value & Volume

9.3.3.2. Market Share & Forecast

9.3.3.2.1.By Type

9.3.3.2.2.By Application

9.3.3.2.3.By End User Industry

9.3.4.Spain Construction Equipment Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1.By Value & Volume

9.3.4.2. Market Share & Forecast

9.3.4.2.1.By Type

9.3.4.2.2.By Application

9.3.4.2.3.By End User Industry

9.3.5.  Italy Construction Equipment Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1.By Value & Volume

9.3.5.2. Market Share & Forecast

9.3.5.2.1.By Type

9.3.5.2.2.By Application

9.3.5.2.3.By End User Industry

10.   Middle East & Africa Construction Equipment Market Outlook

10.1.   Market Size & Forecast

10.1.1.  By Value & Volume

10.2.   Market Share & Forecast

10.2.1.         By Type            

10.2.2.    By Power Output            

10.2.3.    By Application  

10.2.4.    By End User Industry     

10.2.5.    By Country

10.3.             Middle East & Africa: Country Analysis  

10.3.1.   Saudi Arabia Construction Equipment Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1.                By Value & Volume

10.3.1.2.       Market Share & Forecast

10.3.1.2.1.                By Type

10.3.1.2.2.                By Application

10.3.1.2.3.                By End User Industry

10.3.2.   UAE Construction Equipment Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1.                By Value & Volume

10.3.2.2.       Market Share & Forecast

10.3.2.2.1.                By Type

10.3.2.2.2.                By Application

10.3.2.2.3.                By End User Industry

10.3.3.   South Africa Construction Equipment Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1.                By Value & Volume

10.3.3.2.       Market Share & Forecast

10.3.3.2.1.                By Type

10.3.3.2.2.                By Application

10.3.3.2.3.                By End User Industry

11.   South America Construction Equipment Market Outlook

11.1.   Market Size & Forecast

11.1.1.  By Value & Volume

11.2.   Market Share & Forecast

11.2.1.   By Type            

11.2.2.    By Power Output            

11.2.3.    By Application  

11.2.4.    By End User Industry     

11.2.5.    By Country

11.3.             South America: Country Analysis             

11.3.1.   Brazil Construction Equipment Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1.                By Value & Volume

11.3.1.2.       Market Share & Forecast

11.3.1.2.1.                By Type

11.3.1.2.2.                By Application

11.3.1.2.3.                By End User Industry

11.3.2.   Argentina Construction Equipment Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1.                By Value & Volume

11.3.2.2.       Market Share & Forecast

11.3.2.2.1.                By Type

11.3.2.2.2.                By Application

11.3.2.2.3.                By End User Industry

11.3.3.   Colombia Construction Equipment Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1.                By Value & Volume

11.3.3.2.       Market Share & Forecast

11.3.3.2.1.                By Type

11.3.3.2.2.                By Application

11.3.3.2.3.                By End User Industry

12.   Market Dynamics

12.1.   Market Drivers

12.2.   Market Challenges

13.   Market Trends and Developments

14.   Engagement Model Between Customer and Supplier

15.   Company Profiles

15.1.   Volvo Construction Equipment AB

15.2.   Komatsu Ltd                                  

15.3.   Liebherr Group                             

15.4.   Zoomlion Heavy Industry Science And Technology Co., Ltd.                                       

15.5.   Caterpillar Inc.                              

15.6.   Atlas Copco AB                             

15.7.   Hitachi Ltd.                                     

15.8.   CNH INDUSTRIAL N.V.                               

15.9.   TEREX CORPORATION                               

15.10. Hyundai Doosan Infracore (Doosan Infracore Co., Ltd.)

15.11. Deere & Company (John Deere)

15.12. Xuzhou Construction Machinery Group Co., Ltd. (XCMG)

16.   Strategic Recommendations

 17. About Us & Disclaimer  

Figures and Tables

List of Figures:

 

Figure 1:  Global Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 2: Global Construction Equipment Market Size, By Volume (Thousand Units), 2016 2026F

Figure 3: Global Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 4: Global Construction Equipment Market Share, By Power Output, By Value, 2016-2026F

Figure 5: Global Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 6: Global Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 7: Global Construction Equipment Market Share, By Region, By Value, 2016-2026F

Figure 8: Global Construction Equipment Market Share, By Company, By Value, 2020

Figure 9: Global Construction Equipment Market Map, By Type, Market Size (USD Billion) & Growth Rate (%)

Figure 10: Global Construction Equipment Market Map, By Power Output, Market Size (USD Billion) & Growth Rate (%)

Figure 11: Global Construction Equipment Market Map, By Application, Market Size (USD Billion) & Growth Rate (%)

Figure 12: Global Construction Equipment Market Map, By End User Industry, Market Size (USD Billion) & Growth Rate (%)

Figure 13: Global Construction Equipment Market Map, By Region, Market Size (USD Billion) & Growth Rate (%)

Figure 14: Asia-Pacific Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 15: Asia-Pacific Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 16: Asia-Pacific Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 17: Asia-Pacific Construction Equipment Market Share, By Power Output, By Value, 2016-2026F

Figure 18: Asia-Pacific Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 19: Asia-Pacific Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 20: Asia-Pacific Construction Equipment Market Share, By Country, By Value, 2016-2026F

Figure 21: China Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 22: China Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 23: China Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 24: China Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 25: China Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 26: Japan Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 27: Japan Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 28: Japan Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 29: Japan Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 30: Japan Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 31: India Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 32: India Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 33: India Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 34: India Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 35: India Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 36: South Korea Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 37: South Korea Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 38: South Korea Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 39: South Korea Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 40: South Korea Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 41: Australia Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 42: Australia Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 43: Australia Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 44: Australia Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 45: Australia Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 46: North America Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 47: North America Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 48: North America Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 49: North America Construction Equipment Market Share, By Power Output, By Value, 2016-2026F

Figure 50: North America Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 51: North America Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 52: North America Construction Equipment Market Share, By Country, By Value, 2016-2026F

Figure 53: United States Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 54: United States Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 55: United States Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 56: United States Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 57: United States Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 58: Canada Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 59: Canada Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 60: Canada Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 61: Canada Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 62: Canada Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 63: Mexico Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 64: Mexico Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 65: Mexico Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 66: Mexico Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 67: Mexico Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 68: Europe Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 69: Europe Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 70: Europe Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 71: Europe Construction Equipment Market Share, By Power Output, By Value, 2016-2026F

Figure 72: Europe Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 73: Europe Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 74: Europe Construction Equipment Market Share, By Country, By Value, 2016-2026F

Figure 75: Germany Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 76: Germany Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 77: Germany Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 78: Germany Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 79: Germany Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 80: United Kingdom Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 81: United Kingdom Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 82: United Kingdom Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 83: United Kingdom Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 84: United Kingdom Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 85: France Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 86: France Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 87: France Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 88: France Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 89: France Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 90: Italy Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 91: Italy Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 92: Italy Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 93: Italy Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 94: Italy Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 95: Spain Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 96: Spain Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 97: Spain Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 98: Spain Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 99: Spain Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 100: Middle East & Africa Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 101: Middle East & Africa Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 102: Middle East & Africa Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 103: Middle East & Africa Construction Equipment Market Share, By Power Output, By Value, 2016-2026F

Figure 104: Middle East & Africa Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 105: Middle East & Africa Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 106: Middle East & Africa Construction Equipment Market Share, By Country, By Value, 2016-2026F

Figure 107: Saudi Arabia Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 108: Saudi Arabia Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 108: Saudi Arabia Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 110: Saudi Arabia Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 111: Saudi Arabia Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 112: UAE Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 113: UAE Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 114: UAE Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 115: UAE Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 116: UAE Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 117: South Africa Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 118: South Africa Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 119: South Africa Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 120: South Africa Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 121: South Africa Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 122: South America Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 123: South America Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 124: South America Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 125: South America Construction Equipment Market Share, By Power Output, By Value, 2016-2026F

Figure 126: South America Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 127: South America Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 128: South America Construction Equipment Market Share, By Country, By Value, 2016-2026F

Figure 129: Brazil Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 130: Brazil Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 131: Brazil Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 132: Brazil Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 133: Brazil Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 134: Argentina Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 135: Argentina Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 136: Argentina Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 137: Argentina Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 138: Argentina Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Figure 139: Colombia Construction Equipment Market Size, By Value (USD Billion), 2016-2026F

Figure 140: Colombia Construction Equipment Market Size, By Volume (Thousand Units), 2016-2026F

Figure 141: Colombia Construction Equipment Market Share, By Type, By Value, 2016-2026F

Figure 142: Colombia Construction Equipment Market Share, By Application, By Value, 2016-2026F

Figure 143: Colombia Construction Equipment Market Share, By End User Industry, By Value, 2016-2026F

Frequently asked questions

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The market size of the global construction equipment market was USD126.50 billion in 2020 owing to the rising demand for customized construction equipment, technological advancements in construction industry, etc

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Construction is the dominant end-user segment in the Global Construction Equipment Market in 2020 due to increasing inclination towards the adoption of various construction equipment by medium and large builders and real estate developers for the construction of high-rise buildings and skyscrapers.

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Based on region, Asia-Pacific is the biggest region in the global construction equipment market. The growth in this region is contributed to the increasing demand for housing projects as a result of increased population which generates lucrative growth opportunities for the construction equipment market.

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Increasing infrastructure development projects and rising focus on affordable housing & infrastructure are the major drivers in the global construction equipment market.

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Srishti Verma

Business Consultant
Press Release

Construction Equipment Market to Grow at 5.08% CAGR By 2026

Nov, 2021

Rapid increase in infrastructure development projects, favorable government policies and technological advancements in construction industry are expected to drive the global construction equipment ma