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Global Construction Equipment Market by 2031: Focus on Smart Machinery and Urban Expansion, Rising at 4.8% CAGR

2025-06-20  |  20:55:07

Global Construction Equipment Market by 2031: Focus on Smart Machinery and Urban Expansion, Rising at 4.8% CAGR

The construction equipment market has witnessed significant growth over the past decade, owing to expansion of building and construction industries.”
— Allied Market Research
NEW CASTLE, DE, UNITED STATES, June 20, 2025 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global construction equipment market was valued at $195.8 billion in 2021, and is projected to reach $313.9 billion by 2031, registering a CAGR of 4.8% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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Covid-19 scenario-

The global construction equipment market faced significant setbacks due to the COVID-19 pandemic, as restrictions on industrial activities and supply chain disruptions for raw materials negatively impacted the industry.
As a result, the growth of the market was restrained. However, there was a gradual recovery toward the end of 2021, and the market began to regain momentum.

The global construction equipment market is analyzed across solution type, equipment type, type, application, end user, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

By solution type, the products segment held the largest share in 2021, garnering nearly four-fifths of the global construction equipment market revenue. On the other hand, the services segment would showcase the fastest CAGR of 5.1% during the forecast period.

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By equipment type, the heavy construction equipment segment garnered more than 90% of the global construction equipment market share in 2021, and is expected to rule the roost by 2031. The compact construction equipment segment, on the other hand, would portray the fastest CAGR of 5.8% during the forecast period.

By type, the excavators segment contributed to more than two-fifths of the global construction equipment market share in 2021, and is projected to rule the roost by 2031. Moreover, the forklifts segment would display the fastest CAGR of 9.4% throughout the forecast period.

By application, the earth moving segment accounted for the highest share in 2021, generating nearly two-fifths of the global construction equipment market revenue. The lifting and material handling segment, on the other hand, would portray the fastest CAGR of 7.1% during the forecast period.

By end user, the construction and infrastructure segment held the major share in 2021, contributing to around half of the global construction equipment market revenue. The same segment would also cite the fastest CAGR of 5.6% from 2022 to 2031.

By region, the market across Asia-Pacific held the major share in 2021, garnering more than two-fifths of the global construction equipment market revenue. The same region would also cite the fastest CAGR of 5.6% from 2022 to 2031.

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Leading Market Players:

The key market players analyzed in the global construction equipment market report include AB Volvo, Caterpillar Inc., CNH Industrial N.V., Deere & Company, Hyundai Doosan Infracore Co., Ltd., Hitachi Ltd., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International AG, and Xuzhou Construction Machinery Group Co., Ltd. (XCMG). These major players have adopted product launch and acquisition as key developmental strategies to improve their product portfolio for the construction equipment market.

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About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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David Barrett, CEO of EBC Financial Group (UK) Ltd, shares his market outlook in the inaugural episode of Pulse 360°, highlighting the bond market as a key area to watch amid growing pressure for rate cuts.CEO of EBC Financial Group (UK) Ltd. flags risk of low volatility complacency as traders keep buying dipsUNITED KINGDOM, August 13, 2025 /EINPresswire.com/ -- Global markets have shown an “unprecedented ability” to shrug off geopolitical flare-ups and policy shocks, but that confidence could mask deeper risks, according to David Barrett, CEO of EBC Financial Group (UK) Ltd. Speaking in the inaugural episode of EBC’s new Pulse 360° podcast, Barrett described 2025’s first half as “absolute chaos” in terms of the range and scale of market events, yet noted that traders have consistently looked past them – from tariff announcements to conflicts – in favour of buying dips. “Volatility has been sold every time it’s spiked, but in my view, it’s too low, and that can breed dangerous complacency,” Barrett said in the episode. “Markets are assuming no news is good news, but history tells us dislocations come when you least expect them.” He added that markets are not just ignoring risks – they are forgetting them almost instantly. “That kind of short memory works until a real repricing event forces everyone to remember at once,” Barrett warned. Flows Shift, Gold Holds, Bond Market in Focus Barrett pointed to early signs of capital rotation, with flows moving into certain Latin American and Asian markets while some investors trim exposure to US tech. He also highlighted sustained central bank purchases as a driver of gold’s record highs. “Gold isn’t just a retail or ETF trade right now – central banks are still buying, and that’s keeping a strong bid under the market,” he said. The bond market, he added, will be one to watch into Q4, with long-end yields staying elevated while political pressure builds for rate cuts. “If a ‘shadow Fed governor’ is appointed with a clear mandate to ease, the shape of the yield curve could change sharply,” Barrett said. Diverging Positioning Across Market Players Barrett outlined three clear divides in current positioning: retail traders “all in” and buying every dip, hedge funds scrambling to cover shorts, and large institutional “real money” funds staying largely on the sidelines. “Retail has won for now,” Barrett said, “but that kind of one-way conviction only works until it doesn’t.” Barrett’s remarks were part of the first episode of Pulse 360°, a new EBC podcast featuring market analysis and trading perspectives from the firm’s global team. Subsequent episodes include a three-part technical series from Joseph Auxano, a veteran DiNapoli expert and technical strategist on chart structure and volatility, with future segments from Mabyanine Phiri, EBC’s Marketing Manager for Africa, on African markets, and Samuel Hertz, EBC’s Head of APAC on Asia-Pacific capital flows. Disclaimer: This article reflects the observations of EBC Financial Group and all its global entities. It is not financial or investment advice. Trading in commodities and foreign exchange (FX) involves significant risk of loss, potentially exceeding your initial investment. Consult a qualified financial advisor before making any trading or investment decisions, as EBC Financial Group and its entities are not liable for any damages arising from reliance on this information. Pulse 360° is now available on Spotify, with new episodes released on a rolling basis. Tune in here. For more insights and market commentary, visit www.ebc.com.

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