Construction Equipment Aftermarket Market Report 2026

Construction Equipment Aftermarket Market Overview

• Construction Equipment Aftermarket market size has reached to $28.53 billion in 2025 • Expected to grow to $40.39 billion in 2030 at a compound annual growth rate (CAGR) of 7.3% • Growth Driver: Rising Construction Activities Drives The Construction Equipment AfterMarket Growth • Market Trend: Concrete Strength Sensing Systems Transform Construction Aftermarket Strategies • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Construction Equipment Aftermarket Market?

Construction equipment aftermarket refers to the parts, accessories, and services of construction equipment sold after the initial sale. They help equipment owners and operators maximize the value of their investments and the productivity of their construction operations. The main types of construction equipment aftermarket equipment are earthmoving and road building equipment, material handling and cranes, and concrete equipment. Earthmoving and road-building equipment refers to types of construction equipment specifically designed for tasks related to moving earth and constructing roads, highways, and other transportation infrastructure. The various applications are infrastructure, residential, and commercial and the sales channels are online, and offline.

What Is The Construction Equipment Aftermarket Market Growth Forecast?

The construction equipment aftermarket market size is expected to see strong growth in the next few years. It will grow to $40.39 billion in 2030 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to growing shift toward predictive maintenance solutions, rising adoption of digital aftermarket platforms, increasing need for high-performance hydraulic and electrical components, expansion of online aftermarket procurement, development of durable and sustainable replacement parts technologies. Major trends in the forecast period include growing demand for high-durability engine and hydraulic replacement parts, rising requirement for maintenance services due to aging construction equipment fleets, expansion of aftermarket support for earthmoving and road building equipment, increasing use of third-party and oem-compatible spare parts, growth in online sales channels for aftermarket components and accessories.

Global Construction Equipment Aftermarket Market Segmentation

1) By Equipment Type: Earthmoving And Road Building Equipment, Material Handling And Cranes, Concrete Equipment 2) By Application: Infrastructure, Residential, Commercial 3) By Sales Channel: Online, Offline Subsegments: 1) By Earthmoving And Road Building Equipment: Excavators, Bulldozers, Backhoe Loaders, Graders, Skid Steer Loaders 2) By Material Handling And Cranes: Forklifts, Telehandlers, Tower Cranes, Mobile Cranes, Reach Stackers 3) By Concrete Equipment: Concrete Mixers, Concrete Pumps, Concrete Batching Plants, Concrete Finishing Equipment

What Is The Driver Of The Construction Equipment Aftermarket Market?

The growing construction activities are expected to propel the growth of the construction equipment aftermarket going forward. Construction activities refer to the various tasks and operations involved in constructing, renovating, or building structures, such as buildings, infrastructure, and facilities. The growing construction activities provide demand for construction equipment aftermarket products like machinery parts and equipment maintenance and repairs for excavators and bulldozers. For instance, in February 2025, according to the Office for National Statistics (ONS), a UK-based government department, construction output is estimated to have risen by 0.5% in the fourth quarter (October to December) of 2024 compared with the third quarter (July to September) of 2024, driven entirely by a 1.2% increase in new work. Therefore, the growing construction activities are driving the growth of the construction equipment aftermarket.

Key Players In The Global Construction Equipment Aftermarket Market

Major companies operating in the construction equipment aftermarket market are Caterpillar Inc., Komatsu Ltd., CNH Industrial N.V., Atlas Copco Group, Liebherr Group, XCMG Group, John Deere Construction & Forestry, Volvo Construction Equipment Corp., Yanmar Co. Ltd., Hitachi Construction Machinery Co Ltd., JLG Industries Inc., Zoomlion Heavy Industry Science and Technology Co Ltd., Sany Heavy Industry Co Ltd., SANY Group Co. Ltd., Terex Corporation, Guangxi Liugong Machinery Co. Ltd., Xuzhou Construction Machinery Group Co Ltd, Manitou Group, Palfinger AG, The Manitowoc Company Inc., Takeuchi Mfg. Co. Ltd., Tadano Ltd., Ammann Group, Bell Equipment Ltd., Hidromek Inc., Kobelco Construction Machinery Co Ltd., Doosan Infracore Co. Ltd., XGMA Machinery Co. Ltd., BOMAG GmbH, Hyundai Construction Equipment Co. Ltd., LiuGong Machinery Corp.

Global Construction Equipment Aftermarket Market Trends and Insights

Major companies operating in the construction equipment aftermarket are focused on developing concrete strength sensing systems. A Concrete Strength Sensing System is a technology designed to measure and monitor the strength of concrete in real time during the curing and setting process. For instance, in December 2023, Wavelogix Inc., a US-based connected devices and software providing company, launched the ‘REBEL Concrete Strength Sensing System. It relies on piezoelectric technology and an AI-guided signal processing algorithm, offering a state-of-the-art solution to a century-old problem. The REBEL sensors ascertain the mechanical properties of concrete by analyzing acoustic signals received from the specific concrete structure under consideration.

What Are Latest Mergers And Acquisitions In The Construction Equipment Aftermarket Market?

In October 2023, Metso Corporation, a Finland-based crusher equipment manufacturing company, acquired Tedd Engineering Ltd for an undisclosed amount. The acquisition significantly enhances Mesto's ability to leverage digitalization and automation within our mobile equipment business, particularly in the aftermarket segment. Tedd Engineering Ltd is a UK-based manufacturing company specialized in electronic control systems for heavy machinery.

Regional Insights

Asia-Pacific was the largest region in the construction equipment aftermarket in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Construction Equipment Aftermarket Market?

The construction equipment aftermarket consists of sales of engine parts, hydraulic and electrical components, and tires. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in theConstruction Equipment Aftermarket Market Report 2026?

The construction equipment aftermarket market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the construction equipment aftermarket industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.