Heavy Construction Equipment Market
Historic Data:    |   Base Year: 2023   |   Forecast Period: 2024-2031
Report (2021–2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.

No. of Pages: 150    |    Report Code: BMIRE00031135    |    Category: Manufacturing and Construction

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Heavy Construction Equipment Market

1. Introduction

1.1 Business Market Insights Research 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 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. Heavy Construction Equipment Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
  • 4.2.1 Bargaining Power of Suppliers
  • 4.2.2 Bargaining Power of Buyers
  • 4.2.3 Threat of New Entrants
  • 4.2.4 Competitive Rivalry
  • 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
  • 4.3.1 Raw Material Suppliers
  • 4.3.2 Manufacturers
  • 4.3.3 Distributors/Suppliers
  • 4.3.4 End Users

5. Heavy Construction Equipment Market – Key Market Dynamics

5.1 Growth Drivers
  • 5.1.1 Infrastructure Development
  • 5.1.2 Urbanization and Industrialization
  • 5.1.3 Rising Global Construction Expenditure
5.2 Market Opportunities
  • 5.2.1 Emerging Markets
  • 5.2.2 Rental and Leasing Services
  • 5.2.3 After-Sales Services and Maintenance
5.3 Future Trends
  • 5.3.1 Automation and Robotics
  • 5.3.2 Electric and Hybrid Equipment
  • 5.3.3 Remote Monitoring and Control
5.4 Impact of Drivers and Restraints

6. Heavy Construction Equipment Market Global Analysis

6.1 Heavy Construction Equipment Market Overview
6.2 Heavy Construction Equipment Market Revenue 2021-2031 (US$ Billion)
6.3 Heavy Construction Equipment Market Forecast Analysis

7. Heavy Construction Equipment Market Analysis – by Machinery Type

7.1 Earthmoving Equipment
  • 7.1.1 Overview
  • 7.1.2 Earthmoving Equipment: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
7.2 Material Handling Equipment
  • 7.2.1 Overview
  • 7.2.2 Material Handling Equipment: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
7.3 Heavy Construction Vehicles
  • 7.3.1 Overview
  • 7.3.2 Heavy Construction Vehicles: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)

8. Heavy Construction Equipment Market Analysis – by Propulsion Type

8.1 ICE
  • 8.1.1 Overview
  • 8.1.2 ICE: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
8.2 Electric
  • 8.2.1 Overview
  • 8.2.2 Electric: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)

9. Heavy Construction Equipment Market Analysis – by Power Output

9.1 Less than 100 HP
  • 9.1.1 Overview
  • 9.1.2 Electric: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
9.2 101-200 HP
  • 9.2.1 Overview
  • 9.2.2 Electric: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
9.3 201-400
  • 9.3.1 Overview
  • 9.3.2 Electric: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
9.4 401 HP
  • 9.4.1 Overview
  • 9.4.2 Electric: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)

10. Heavy Construction Equipment Market – Geographic Analysis

10.1 North America
  • 10.1.1 Heavy Construction Equipment Market Breakdown, by Key Country, 2025 and 2031 (%)
  • 10.1.1.1 Heavy Construction Equipment Market – Revenue and Forecast Analysis – by Country
  • 10.1.1.1 US: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.1.1.1.1 US: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.1.1.1.2 US: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.1.1.1.3 US: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.1.1.2 Canada: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.1.1.2.1 Canada: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.1.1.2.2 Canada: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.1.1.2.3 Canada: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.1.1.3 Mexico : Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.1.1.3.1 Mexico : Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.1.1.3.2 Mexico : Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.1.1.3.3 Mexico : Heavy Construction Equipment Market Breakdown, by Power Output
10.2 Europe
  • 10.2.1 Heavy Construction Equipment Market Breakdown, by Key Country, 2025 and 2031 (%)
  • 10.2.1.1 Heavy Construction Equipment Market – Revenue and Forecast Analysis – by Country
  • 10.2.1.1 UK: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.2.1.1.1 UK: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.2.1.1.2 UK: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.2.1.1.3 UK: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.2.1.2 Germany: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.2.1.2.1 Germany: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.2.1.2.2 Germany: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.2.1.2.3 Germany: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.2.1.3 France: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.2.1.3.1 France: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.2.1.3.2 France: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.2.1.3.3 France: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.2.1.4 Russia: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.2.1.4.1 Russia: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.2.1.4.2 Russia: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.2.1.4.3 Russia: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.2.1.5 Italy: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.2.1.5.1 Italy: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.2.1.5.2 Italy: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.2.1.5.3 Italy: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.2.1.6 Rest of Europe : Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.2.1.6.1 Rest of Europe : Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.2.1.6.2 Rest of Europe : Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.2.1.6.3 Rest of Europe : Heavy Construction Equipment Market Breakdown, by Power Output
10.3 Asia-Pacific
  • 10.3.1 Heavy Construction Equipment Market Breakdown, by Key Country, 2025 and 2031 (%)
  • 10.3.1.1 Heavy Construction Equipment Market – Revenue and Forecast Analysis – by Country
  • 10.3.1.1 China: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.3.1.1.1 China: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.3.1.1.2 China: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.3.1.1.3 China: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.3.1.2 India: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.3.1.2.1 India: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.3.1.2.2 India: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.3.1.2.3 India: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.3.1.3 Japan: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.3.1.3.1 Japan: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.3.1.3.2 Japan: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.3.1.3.3 Japan: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.3.1.4 Australia: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.3.1.4.1 Australia: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.3.1.4.2 Australia: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.3.1.4.3 Australia: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.3.1.5 Rest of Asia-Pacific : Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.3.1.5.1 Rest of Asia-Pacific : Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.3.1.5.2 Rest of Asia-Pacific : Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.3.1.5.3 Rest of Asia-Pacific : Heavy Construction Equipment Market Breakdown, by Power Output
10.4 South and Central America
  • 10.4.1 Heavy Construction Equipment Market Breakdown, by Key Country, 2025 and 2031 (%)
  • 10.4.1.1 Heavy Construction Equipment Market – Revenue and Forecast Analysis – by Country
  • 10.4.1.1 Brazil: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.4.1.1.1 Brazil: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.4.1.1.2 Brazil: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.4.1.1.3 Brazil: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.4.1.2 Argentina: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.4.1.2.1 Argentina: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.4.1.2.2 Argentina: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.4.1.2.3 Argentina: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.4.1.3 Rest of South and Central America : Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.4.1.3.1 Rest of South and Central America : Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.4.1.3.2 Rest of South and Central America : Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.4.1.3.3 Rest of South and Central America : Heavy Construction Equipment Market Breakdown, by Power Output
10.5 Middle East and Africa
  • 10.5.1 Heavy Construction Equipment Market Breakdown, by Key Country, 2025 and 2031 (%)
  • 10.5.1.1 Heavy Construction Equipment Market – Revenue and Forecast Analysis – by Country
  • 10.5.1.1 South Africa: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.5.1.1.1 South Africa: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.5.1.1.2 South Africa: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.5.1.1.3 South Africa: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.5.1.2 Saudi Arabia: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.5.1.2.1 Saudi Arabia: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.5.1.2.2 Saudi Arabia: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.5.1.2.3 Saudi Arabia: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.5.1.3 UAE: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.5.1.3.1 UAE: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.5.1.3.2 UAE: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.5.1.3.3 UAE: Heavy Construction Equipment Market Breakdown, by Power Output
  • 10.5.1.4 Rest of Middle East and Africa: Heavy Construction Equipment Market – Revenue and Forecast to 2031 (US$ Billion)
    • 10.5.1.4.1 Rest of Middle East and Africa: Heavy Construction Equipment Market Breakdown, by Machinery Type
    • 10.5.1.4.2 Rest of Middle East and Africa: Heavy Construction Equipment Market Breakdown, by Propulsion Type
    • 10.5.1.4.3 Rest of Middle East and Africa: Heavy Construction Equipment Market Breakdown, by Power Output

11. Competitive Landscape

11.1 Heat Map Analysis
11.2 Company Positioning and Concentration

12. Heavy Construction Equipment Market Industry Landscape

12.1 Overview
12.2 Mergers and Acquisitions
12.3 Agreements, Collaborations, and Joint Ventures
12.4 New Product Launches
12.5 Expansions and Other Strategic Developments

13. Company Profiles

13.1 Caterpillar Inc.
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
13.2 XCMG Group
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
13.3 Deer & Company
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
13.4 Libherr
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
13.5 Komatsu
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments

14. Appendix

14.1 About Business Market Insights

The List of Companies - Heavy Construction Equipment Market

  • JC BAMFORD EXCAVATORS LTD
  • AB VOLVO
  • CATERPILLAR INC
  • HITACHI LTD
  • HYUNDAI CONSTRUCTION EQUIPMENT CO LTD
  • DOOSAN CORP
  • CNH INDUSTRIAL NV
  • DEERE & CO
  • KOMATSU LTD
  • LIEBHERR