ASEAN Heavy Construction Equipment Market Outlook (2021-2031)
The ASEAN Heavy Construction Equipment Market size was valued at US$ 8.10 Mn in 2024 and is projected to reach US$ 13.40 Mn by 2031, growing at a CAGR of 7.4% during 2024 - 2031.
Report Coverage
- Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Others
- Product Output: Less than 100 HP, 101-200 HP, 201-400 HP, Above 400 HP
- Propulsion Type: ICE, Electric
- End Use Industry: Building and Construction, Forestry & Agriculture, Mining, Others
US$ 8.10 Mn
Market size in 2024
US$ 13.40 Mn
Market Size by 2031
7.4%
CAGR, 2024 - 2031
2025-2031
Forecast Period
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Data Triangulation and Validation
4. ASEAN Heavy Construction Equipment Market Landscape
4.1 Overview
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
5. ASEAN Heavy Construction Equipment Market – Key Market Dynamics
5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints
6. ASEAN Heavy Construction Equipment Market Regional Analysis
6.2 ASEAN Heavy Construction Equipment Market Revenue 2021-2031 (US$ Million)
6.3 ASEAN Heavy Construction Equipment Market Forecast Analysis
7. ASEAN Heavy Construction Equipment Market Analysis – by Type
7.1 Earthmoving Equipment
- 7.1.1 Overview
- 7.1.2 Earthmoving Equipment: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Material Handling Equipment
- 7.2.1 Overview
- 7.2.2 Material Handling Equipment: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Heavy Construction Vehicles
- 7.3.1 Overview
- 7.3.2 Heavy Construction Vehicles: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Others
- 7.4.1 Overview
- 7.4.2 Others: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
8. ASEAN Heavy Construction Equipment Market Analysis – by Product Output
8.1 Less than 100 HP
- 8.1.1 Overview
- 8.1.2 Less than 100 HP: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.2 101-200 HP
- 8.2.1 Overview
- 8.2.2 101-200 HP: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.3 201-400 HP
- 8.3.1 Overview
- 8.3.2 201-400 HP: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Above 400 HP
- 8.4.1 Overview
- 8.4.2 Above 400 HP: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
9. ASEAN Heavy Construction Equipment Market Analysis – by Propulsion Type
9.1 ICE
- 9.1.1 Overview
- 9.1.2 ICE: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Electric
- 9.2.1 Overview
- 9.2.2 Electric: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
10. ASEAN Heavy Construction Equipment Market Analysis – by End Use Industry
10.1 Building and Construction
- 10.1.1 Overview
- 10.1.2 Building and Construction: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.2 Forestry & Agriculture
- 10.2.1 Overview
- 10.2.2 Forestry & Agriculture: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Mining
- 10.3.1 Overview
- 10.3.2 Mining: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Others
- 10.4.1 Overview
- 10.4.2 Others: ASEAN Heavy Construction Equipment Market – Revenue and Forecast, 2021-2031 (US$ Million)
11. ASEAN Heavy Construction Equipment Market – ASEAN Analysis
11.1 Overview
11.2 ASEAN- 11.2.1 ASEAN Heavy Construction Equipment Market Breakdown, by Key Country, 2025 and 2031 (%)
- 11.2.1.1 ASEAN Heavy Construction Equipment Market – Revenue and Forecast Analysis – by Country
- 11.2.1.1 Indonesia: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.1.1 Indonesia: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.1.2 Indonesia: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.1.3 Indonesia: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.1.4 Indonesia: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
- 11.2.1.2 Singapore: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.2.1 Singapore: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.2.2 Singapore: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.2.3 Singapore: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.2.4 Singapore: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
- 11.2.1.3 Malaysia: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.3.1 Malaysia: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.3.2 Malaysia: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.3.3 Malaysia: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.3.4 Malaysia: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
- 11.2.1.4 Thailand: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.4.1 Thailand: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.4.2 Thailand: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.4.3 Thailand: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.4.4 Thailand: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
- 11.2.1.5 Vietnam: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.5.1 Vietnam: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.5.2 Vietnam: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.5.3 Vietnam: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.5.4 Vietnam: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
- 11.2.1.6 Philippines: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.6.1 Philippines: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.6.2 Philippines: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.6.3 Philippines: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.6.4 Philippines: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
- 11.2.1.7 Rest of ASEAN: ASEAN Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Million)
- 11.2.1.7.1 Rest of ASEAN: ASEAN Heavy Construction Equipment Market Breakdown, by Type
- 11.2.1.7.2 Rest of ASEAN: ASEAN Heavy Construction Equipment Market Breakdown, by Product Output
- 11.2.1.7.3 Rest of ASEAN: ASEAN Heavy Construction Equipment Market Breakdown, by Propulsion Type
- 11.2.1.7.4 Rest of ASEAN: ASEAN Heavy Construction Equipment Market Breakdown, by End Use Industry
12. Competitive Landscape
12.1 Heat Map Analysis
12.2 Company Positioning and Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Partnerships and Collaborations
13.4 Other Developments
14. Company Profiles
14.1 JC BAMFORD EXCAVATORS LTD
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 AB VOLVO
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 CATERPILLAR INC
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 HITACHI LTD
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 HYUNDAI CONSTRUCTION EQUIPMENT CO LTD
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 DOOSAN CORP
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 CNH INDUSTRIAL NV
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 DEERE & CO
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 KOMATSU LTD
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 LIEBHERR
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
15. Appendix
15.1 About Business Market Insights
15.2 List of Abbreviations
Access the Full A Market Report
Get segment-level forecasts, regional estimates, competitive benchmarking, company profiles and downloadable Excel datasets.
