Global Heavy Construction Equipment Market Report 2024

Heavy Construction Equipment Global Market Report 2024 – By Equipment Type( Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipments ), By Application( Excavation and Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling and Waste Management), By End User( Infrastructure, Construction, Mining, Oil and Gas, Manufacturing, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

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Heavy Construction Equipment Market Definition And Segments

Heavy construction equipment or heavy machinery refers to heavy-duty vehicles specially designed for executing construction tasks, most frequently ones involving earthwork operations or other large construction tasks. The heavy construction equipment is used for heavy operations tasks such as lifting, and other such heavy operations.

The main types of heavy construction equipment are earthmoving equipment, material handling equipment, heavy construction vehicles, and other equipment. Earthmoving equipment is used in construction operations that involve earthwork, such as moving large amounts of earth, digging foundations for landscaping, and others. Earthmoving equipment includes heavy vehicles, engineering equipment, heavy trucks, heavy machines, construction equipment, and others. The applications include excavation and demolition, heavy lifting, tunneling, material handling, recycling, and waste management that serve infrastructure, construction, mining, oil and gas, manufacturing, and other end users.

The heavy construction equipment market covered in this report is segmented –

1) By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipments

2) By Application: Excavation and Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling and Waste Management

3) By End User: Infrastructure, Construction, Mining, Oil and Gas, Manufacturing, Other End Users

The heavy construction equipment market size has grown strongly in recent years. It will grow from $191.13 billion in 2023 to $205.81 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to construction industry expansion, rise in demolition activities, infrastructure investment and government initiatives, sustainability, and environmental considerations.

The heavy construction equipment market size is expected to see strong growth in the next few years. It will grow to $271.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to infrastructure modernization, sustainable construction practices, global mining industry expansion, focus on operator safety, emerging market development, customization, and versatility, rise in rental market. Major trends in the forecast period include digital transformation in construction, technological advancements and automation, adoption of electric and hybrid construction equipment, efficiency improvements with advanced hydraulic systems, telematics for fleet management.

Government-Led Infrastructure Expansion Fuels Growth In The Heavy Construction Equipment Market

The expansion of government infrastructure development projects is expected to propel the growth of the heavy construction equipment market going forward. In recent years, the majority of countries' governments have been more focused on the infrastructure sector for economic development as well as to provide world-class infrastructure in the country by building power plants, bridges, dams, roads, urban infrastructure developments, and others. Heavy construction equipment helps in accomplishing heavy tasks during infrastructure construction due to its high capacity and strength in lifting materials and its capability to operate in harsh environmental conditions. For instance, in July 2021, the Ministry of Road Transport & Highways allocated US$ 22 million under Economic Importance and Inter State Connectivity Scheme (EIC&ISC) for FY22. Therefore, the expansion of government infrastructure development projects is driving the growth of the heavy construction equipment market.

The Growing Construction Industry Fuels Expansion In The Heavy Construction Equipment Market

The growing construction industry is expected to boost the growth of the heavy construction equipment market going forward. The construction industry refers to the commercial manufacturing and trade sector that deals with developing, preserving, and repairing infrastructures. Growing construction projects, including the development of roads, bridges, airports, and other infrastructure, require a diverse range of heavy equipment to complete the tasks efficiently. For instance, in February 2022, according to the report published by the Office for National Statistics, a UK-based administrative office of the United Kingdom Statistics Authority, the annual construction sector rose by a record 12.7% in 2021 compared to the previous year. Further, in December 2021, the volume of monthly construction output climbed by 2.0%; this was entirely due to a rise in new work (3.5%). In addition to the monthly rise, the construction industry's quarterly production climbed by 1.0% in Q4 2021 compared to Q3. This increase was driven by both new work (1.1%) and repair and maintenance (0.8%). Therefore, the growing construction industry is driving the growth of the heavy construction equipment market.

Major companies operating in the heavy construction equipment market report are The Volvo Group, Caterpillar Inc., CNH Industrial NV, Deere & Company, Doosan Corporation, Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Limited, Komatsu Limited, Liebherr Group, Sany GroupSany Heavy Industry Co. Ltd., XCMG Group, Terex Corporation, Zoomlion Heavy Industry Science and Technology Co. Ltd., Sandvik AB, Kobelco Construction MachineryKOBELCO Construction Machinery Co.Ltd., Wirtgen Group, Manitowoc Company Inc., LiuGong Machinery Corporation, Atlas Copco Group, Palfinger AG, Tadano Ltd., Kato Works Co. Ltd., Haulotte Group, BOMAG GmbH, Yanmar Co. Ltd., Takeuchi Mfg. Co. Ltd., Kubota Corporation, Bobcat Company, Case Construction Equipment, JLG Industries Inc., Genie Industries, Skyjack Inc.

Innovations Propel Growth In The Heavy Construction Equipment Market

Product innovation is the key trend that is gaining popularity in the heavy construction equipment market. Major companies operating in the heavy construction equipment market are focused on developing new technological solutions to strengthen their position in the market. For instance, in September 2021, Volvo Construction Equipment (AB Volvo), a Sweden-based company operating in research and development, production, and sales of construction equipment, launched a new innovative range of compactors in machines known as the single-drum SD110C Compactor and double-drum DD90C & DD100C Compactors for Pneumatic Rollers, Pavers, and Wheel Loaders that feature VECV (VE Commercial Vehicles) engines conforming to the latest emission standards. These machines are capable of providing 10% more productivity and 20% more fuel efficiency as compared to the previous services after the upgrade.

Innovative Advancements Drive Growth Of The Heavy Construction Equipment Market

Major companies operating in the heavy construction equipment market are developing innovative products such as crawler excavators to meet larger customer bases, more sales, and increase revenue. A crawler excavator refers to a type of heavy construction equipment designed for excavation and earthmoving tasks. For instance, in March 2022, Case Construction Equipment, a US-based construction equipment company, launched the E-Series crawler excavator range - with seven new models from 13 to 30 tones. The enhanced excavators showcase a redesigned cab and operator experience, along with upgraded hydraulics controls and settings, as highlighted in Case's virtual launch event. All seven models in the E-Series will integrate Stage V engines. A distinctive feature of these new machines is the inclusion of a comprehensive fleet management tool equipped with a bidirectional modem, allowing the utilization of Case SiteConnect and Case SiteWatch – both tools are standard across the range. This solution also boasts geolocation, fleet security through geo-fencing, and alerts for unauthorized use, accompanied by flexible reporting.

Hyundai Construction Equipment Co., Ltd. Acquired Doosan Infracore

In August 2021, Hyundai Construction Equipment Co., Ltd., a South Korea-based company operating in heavy construction equipment, acquired Doosan Infracore for $760 million. Through this acquisition, Hyundai Construction Equipment aims to strengthen its product portfolio in heavy construction and make a strong position in the excavator and wheeled loader segments in South Korea, which will help it gain a market advantage. Doosan Infracore is a South Korea-based company operating in the construction equipment industry.

Asia-Pacific was the largest region in the heavy construction equipment market in 2023. The regions covered in the heavy construction equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the heavy construction equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The heavy construction equipment market consists of sales of excavators, loaders, dozers, and motor graders. 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.

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.

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

Heavy Construction Equipment Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $205.81 billion
Revenue Forecast In 2033 $271.22 billion
Growth Rate CAGR of 7.1% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipments
2) By Application: Excavation and Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling and Waste Management
3) By End User: Infrastructure, Construction, Mining, Oil and Gas, Manufacturing, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled The Volvo Group; Caterpillar Inc.; CNH Industrial NV; Deere & Company; Doosan Corporation; Hitachi Construction Machinery Co. Ltd.; J C Bamford Excavators Limited; Komatsu Limited; Liebherr Group; Sany GroupSany Heavy Industry Co. Ltd.; XCMG Group; Terex Corporation; Zoomlion Heavy Industry Science and Technology Co. Ltd.; Sandvik AB; Kobelco Construction MachineryKOBELCO Construction Machinery Co.Ltd.; Wirtgen Group; Manitowoc Company Inc.; LiuGong Machinery Corporation; Atlas Copco Group; Palfinger AG; Tadano Ltd.; Kato Works Co. Ltd.; Haulotte Group; BOMAG GmbH; Yanmar Co. Ltd.; Takeuchi Mfg. Co. Ltd.; Kubota Corporation; Bobcat Company; Case Construction Equipment; JLG Industries Inc.; Genie Industries; Skyjack Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Heavy Construction Equipment  Market Characteristics

    3. Heavy Construction Equipment  Market Trends And Strategies

    4. Heavy Construction Equipment  Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Heavy Construction Equipment  Market Size and Growth

    5.1. Global Heavy Construction Equipment  Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Heavy Construction Equipment  Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Heavy Construction Equipment  Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Heavy Construction Equipment  Market Segmentation

    6.1. Global Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Earthmoving Equipment

    Material Handling Equipment

    Heavy Construction Vehicles

    Other Equipments  

    6.2. Global Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Excavation and Demolition

    Heavy Lifting

    Tunneling

    Material Handling

    Recycling and Waste Management

    6.3. Global Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Infrastructure

    Construction

    Mining

    Oil and Gas

    Manufacturing

    Other End Users

    7. Heavy Construction Equipment  Market Regional And Country Analysis

    7.1. Global Heavy Construction Equipment  Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Heavy Construction Equipment  Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Heavy Construction Equipment  Market  

    8.1. Asia-Pacific Heavy Construction Equipment  Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Heavy Construction Equipment  Market  

    9.1. China Heavy Construction Equipment  Market Overview  

    9.2. China Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Heavy Construction Equipment  Market  

    10.1. India Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Heavy Construction Equipment  Market  

    11.1. Japan Heavy Construction Equipment  Market Overview  

    11.2. Japan Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Heavy Construction Equipment  Market  

    12.1. Australia Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Heavy Construction Equipment  Market  

    13.1. Indonesia Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Heavy Construction Equipment  Market  

    14.1. South Korea Heavy Construction Equipment  Market Overview  

    14.2. South Korea Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Heavy Construction Equipment  Market  

    15.1. Western Europe Heavy Construction Equipment  Market Overview

    15.2. Western Europe Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Heavy Construction Equipment  Market  

    16.1. UK Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Heavy Construction Equipment  Market  

    17.1. Germany Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Heavy Construction Equipment  Market  

    18.5. France Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Heavy Construction Equipment  Market  

    19.9. Italy Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Heavy Construction Equipment  Market  

    20.13. Spain Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Heavy Construction Equipment  Market  

    21.1. Eastern Europe Heavy Construction Equipment  Market Overview

    21.2. Eastern Europe Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Heavy Construction Equipment  Market  

    22.1. Russia Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Heavy Construction Equipment  Market  

    23.1. North America Heavy Construction Equipment  Market Overview

    23.2. North America Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Heavy Construction Equipment  Market  

    24.1. USA Heavy Construction Equipment  Market Overview

    24.2. USA Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Heavy Construction Equipment  Market  

    25.1. Canada Heavy Construction Equipment  Market Overview

    25.2. Canada Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Heavy Construction Equipment  Market  

    26.1. South America Heavy Construction Equipment  Market Overview

    26.2. South America Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Heavy Construction Equipment  Market  

    27.1. Brazil Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Heavy Construction Equipment  Market  

    28.1. Middle East Heavy Construction Equipment  Market Overview

    28.2. Middle East Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Heavy Construction Equipment  Market  

    29.1. Africa Heavy Construction Equipment  Market Overview

    29.2. Africa Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Heavy Construction Equipment  Market Competitive Landscape And Company Profiles

    30.1. Heavy Construction Equipment  Market Competitive Landscape

    30.2. Heavy Construction Equipment  Market Company Profiles

    30.2.1. The Volvo Group

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Caterpillar Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. CNH Industrial NV

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Deere & Company

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Doosan Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Heavy Construction Equipment  Market Competitive Benchmarking

    32. Global Heavy Construction Equipment  Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Heavy Construction Equipment  Market

    34. Heavy Construction Equipment  Market Future Outlook and Potential Analysis

    34.1 Heavy Construction Equipment  Market In 2028 - Countries Offering Most New Opportunities

    34.2 Heavy Construction Equipment  Market In 2028 - Segments Offering Most New Opportunities

    34.3 Heavy Construction Equipment  Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Heavy Construction Equipment  Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Heavy Construction Equipment  Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: The Volvo Group Financial Performance
  • Table 75: Caterpillar Inc. Financial Performance
  • Table 76: CNH Industrial NV Financial Performance
  • Table 77: Deere & Company Financial Performance
  • Table 78: Doosan Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Heavy Construction Equipment  Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Heavy Construction Equipment  Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Heavy Construction Equipment  Market, Segmentation By Equipment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Heavy Construction Equipment  Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Heavy Construction Equipment  Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: The Volvo Group Financial Performance
  • Figure 75: Caterpillar Inc. Financial Performance
  • Figure 76: CNH Industrial NV Financial Performance
  • Figure 77: Deere & Company Financial Performance
  • Figure 78: Doosan Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the heavy construction equipment market?

Heavy construction equipment or heavy machinery refers to heavy-duty vehicles specially designed for executing construction tasks, most frequently ones involving earthwork operations or other large construction tasks. The heavy construction equipment is used for heavy operations tasks such as lifting, and other such heavy operations. For further insights on the heavy construction equipment market, request a sample here

How will the heavy construction equipment market drivers and restraints affect the heavy construction equipment market dynamics? What forces will shape the heavy construction equipment industry going forward?

The heavy construction equipment market major growth driver - government-led infrastructure expansion fuels growth in the heavy construction equipment market. For further insights on the heavy construction equipment market, request a sample here

What is the forecast market size or the forecast market value of the heavy construction equipment market ?

The heavy construction equipment market size has grown strongly in recent years. It will grow from $191.13 billion in 2023 to $205.81 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to construction industry expansion, rise in demolition activities, infrastructure investment and government initiatives, sustainability and environmental considerations. The heavy construction equipment market size is expected to see strong growth in the next few years. It will grow to $271.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to infrastructure modernization, sustainable construction practices, global mining industry expansion, focus on operator safety, emerging market development, customization and versatility, rise in rental market. Major trends in the forecast period include digital transformation in construction, technological advancements and automation, adoption of electric and hybrid construction equipment, efficiency improvements with advanced hydraulic systems, telematics for fleet management. For further insights on the heavy construction equipment market, request a sample here

How is the heavy construction equipment market segmented?

The heavy construction equipment market is segmentedThe heavy construction equipment market covered in this report is segmented –
1) By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipments
2) By Application: Excavation and Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling and Waste Management
3) By End User: Infrastructure, Construction, Mining, Oil and Gas, Manufacturing, Other End UsersFor further insights on the heavy construction equipment market,
request a sample here

Which region has the largest share of the heavy construction equipment market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the heavy construction equipment market in 2023. The regions covered in the heavy construction equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the heavy construction equipment market, request a sample here.

Who are the major players in the heavy construction equipment market?

Major companies operating in the heavy construction equipment market report are The Volvo Group, Caterpillar Inc., CNH Industrial NV, Deere & Company, Doosan Corporation, Hitachi Construction Machinery Co. Ltd., J C Bamford Excavators Limited, Komatsu Limited, Liebherr Group, Sany GroupSany Heavy Industry Co. Ltd., XCMG Group, Terex Corporation, Zoomlion Heavy Industry Science and Technology Co. Ltd., Sandvik AB, Kobelco Construction MachineryKOBELCO Construction Machinery Co.Ltd., Wirtgen Group, Manitowoc Company Inc., LiuGong Machinery Corporation, Atlas Copco Group, Palfinger AG, Tadano Ltd., Kato Works Co. Ltd., Haulotte Group, BOMAG GmbH, Yanmar Co. Ltd., Takeuchi Mfg. Co. Ltd., Kubota Corporation, Bobcat Company, Case Construction Equipment, JLG Industries Inc., Genie Industries, Skyjack Inc. For further insights on the heavy construction equipment market, request a sample here.

What are the key trends in the heavy construction equipment market?

Major trend in the heavy construction equipment market - innovations propel growth in the heavy construction equipment market. For further insights on the heavy construction equipment market, request a sample here.

What are the major opportunities in the heavy construction equipment market? What are the strategies for the heavy construction equipment market?

For detailed insights on the major opportunities and strategies in the heavy construction equipment market, request a sample here.

How does the heavy construction equipment market relate to the overall economy and other similar markets?

For detailed insights on heavy construction equipment market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the heavy construction equipment industry?

For detailed insights on the mergers and acquisitions in the heavy construction equipment industry, request a sample here.

What are the key dynamics influencing the heavy construction equipment market growth? SWOT analysis of the heavy construction equipment market.

For detailed insights on the key dynamics influencing the heavy construction equipment market growth and SWOT analysis of the heavy construction equipment industry, request a sample here.