MarkNtel Advisors Releases Comprehensive Study on the Construction Equipment Market, Forecasting Strong Growth from 2024 to 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “Construction Equipment Market Analysis, 2024–2030.”
This report provides a detailed assessment of the Construction Equipment Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
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Construction Equipment Market Timeline Overview
-Historical Years: 2019-22
-Base Years: 2023
-Forecast year - 2024-2030
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
Construction Equipment Market Outlook
According to the report, The Global Construction Equipment Market is valued at USD 156 billion in 2023 and is estimated to grow at a CAGR of around 3.01% during the forecast period, i.e., 2024-30. The market is primarily fueled by the exponential growth in the global population and an increasing focus by governments on infrastructure development to support & accommodate the needs of their citizens.
The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.
Construction Equipment Market Drivers:
Growing Infrastructural Development Projects Worldwide – With the rapid upgrade in the number of developmental projects across different countries across the world, various private companies & governments are augmenting the demand for construction equipment for the development & construction of commercial & residential buildings. Moreover, countries like the US, China, and India, among others, are investing substantially in public infrastructure developments & exemplifying an accelerating demand for this equipment to facilitate tasks efficiently. In addition, snowballing the number of smart city projects is another crucial aspect contributing to the growing demand for construction equipment & stimulating the overall Construction Equipment Market expansion through 2030.
Construction Equipment Market Challenge:
Environmental Imbalance Using Construction Equipment Emitting Greenhouse Gases – Construction equipment currently runs majorly on fossil fuels & emits various emissions like nitrogen oxides (NOx), volatile organic compounds (VOC), and carbon monoxide (CO), negatively & severely affecting the environment & causing imbalances. Such aspects are restraining the fledged utilization of construction equipment owing to the presence of stringent environment sustainability restrictions imposed by the governments of different countries globally.
View Full Report (All Data, In One Place): (Explore in-depth analyses, technological trends, and investment patterns.) https://www.marknteladvisors.com/research-library/global-construction-equipment-market.html
Construction Equipment Market Segmentation
The study categorizes the Construction Equipment Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
By Type of Equipment
- Earthmoving Equipment
- Excavator
- Loaders
- Bulldozers
- Skid Steer Loaders
- Motor Graders
- Crawler Loader
- Trenchers
- Dump trucks
- Others
- Material Handling Equipment
- Cranes
- Forklift
- Tipper
- Others
- Other Construction Equipment
- Road Roller
- Diesel Generator
- Others Market Size & Forecast 2019-2030, (Thousand Units)
By Application
- Power & Utilities
- Mining
- Hospitality
- Residential
- Healthcare & Educational
- Roads & Highway
- Manufacturing Units
- Other
By Power Output
- Less than 100 HP
- 101-200 HP
- 201-400 HP
- More than 400 HP
By Propulsion
- Diesel
- Gas
- CNG
- LPG
- Electric
Geographical Analysis
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
The report presents detailed insights into the Construction Equipment Market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/global-construction-equipment-market.html
Leading Companies in Construction Equipment Market Worldwide: Players, Analysis & Future Outlook
Caterpillar, Volvo, Komatsu, CNH Industrial, Liebherr, Hitachi Construction, John Deere, Dooson, JCB, Terex, CEAT Limited, and others are the top companies in the Construction Equipment Market.
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-construction-equipment-market.html
Frequently Asked Questions (FAQ)
- What is the projected growth rate of the Construction Equipment Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Construction Equipment Market?
4. Who are the prominent players in the Construction Equipment Market?
5. How is the competition structured in this market?
6. How can I access the full report?
About us:
MarkNtel Advisors is a globally recognized market research firm offering comprehensive insights into the construction and mining sector, encompassing building management, construction materials, and construction technology & equipment. We assist developers, equipment manufacturers, and infrastructure investors in understanding market trends, sustainability mandates, and technological disruptions. Leveraging our Competitive Intelligence services, we help organizations benchmark competitors, identify white spaces, and craft informed growth strategies for enduring success in the global construction landscape.
Reach Us:
MarkNtel Advisors
Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 8719999009
Email: [email protected]
Visit our Website: https://www.marknteladvisors.com
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