建設機械市場 – 2030年までの世界予測

Construction Equipment Market - Global Forecast to 2030

建設機械市場 - 機器の種類 (掘削機、ローダー、ブルドーザー、ダンプ トラック、コンパクター、クレーン)、推進力、出力、エンジン容量、用途、電気建設機器、電池の化学、および地域別 - 2030年までの世界予測
Construction Equipment Market by Equipment Type (Excavator, Loader, Dozer, Dump Truck, Compactor, Crane), Propulsion, Power Output, Engine Capacity, Application, Electric Construction Equipment, Battery Chemistry, & Region - Global Forecast to 2030

商品番号 : SMB-8361

出版社MarketsandMarkets
出版年月2025年1月
ページ数491
図表数587
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The construction equipment market is projected to grow from USD 149.78 billion in 2024 to USD 194.78 billion by 2030, at a CAGR of 3.8%.

建設機械市場は、2024 年の 1,497 億 8,000 万米ドルから 2030 年までに 1,947 億 8,000 万米ドルまで、CAGR 3.8% で成長すると予測されています。

The overall market growth is propelled by the continuously increasing infrastructural investments in residential, non-residential, and commercial sectors in Asian countries. Additionally, the inclination towards electrification of construction equipment in Europe and North America will boost the demand for construction equipment in the coming years.

市場全体の成長は、アジア諸国の住宅、非住宅、商業部門におけるインフラ投資の継続的な増加によって推進されています。さらに、ヨーロッパと北米における建設機械の電動化への傾向により、今後数年間で建設機械の需要が高まると予想されます。

建設機械市場 - 2030年までの世界予測
construction-mining-equipment-market

Lithium Iron Phosphate (LFP) batteries will be the fastest-growing battery chemistry in Electric Construction Equipment during the forecast period.

Lithium Iron Phosphate (LFP) battery growth is propelled by higher demand in the Asian market. These batteries offer high electrochemical stability with low resistance for the flow of charge, increasing the efficiency rate. Due to better temperature resistance, 80−90% discharge capacity, and easy availability of raw materials, many OEMs are transitioning to use LFP batteries over lithium nickel manganese cobalt (NMC). The technology also offers a longer life span, minimal maintenance, optimized safety, and lightweight. Major players such as Caterpillar Inc. (US), XCMG (China), and Sany Group (China) are increasingly using LFP chemistry to power their machines. Komatsu (Japan) offers electric excavators powered by LFP batteries and Caterpillar (US) offers electric wheel loaders that utilize LFP battery technology These factors are estimated to drive the market for LFP batteries in electric construction equipment.

The earthmoving equipment segment is predicted to be the largest and fastest-growing equipment category segment.

Earthmoving equipment is estimated to contribute >65% share in 2024 to the construction equipment market. The growth in this segment can be attributed to a wide range of equipment such as excavators (crawler and wheeled), loaders (backhoe, skid-steer), and motor graders. Among these, excavators are the most seen in the earthmoving equipment category, and continuously rising demand will keep them ahead during the forecast period. Asia Pacific is estimated to lead the earthmoving equipment market with more than 50% of the total market in 2024. The growth of earthmoving equipment in Asia is mainly due to countries like China and India. For instance, as per the National Bureau of Statistics, China has initiated 10,644 new water conservancy projects, including 609 projects; the country initiated 10,644 new water conservancy projects for 2022. The National Highways Authority of India (NHAI) planned to develop 23 new highways, including a network of expressways and economic corridors, by March 2025. Thus, such development projects would drive the demand for the earthmoving equipment category during the forecast period.

“North America is the world’s second-largest construction equipment market.”

North America is estimated to hold >25% of the global construction equipment market. The US dominates the North American construction equipment market, accounting for ~80% in 2023. The construction industry in the North American market faced a decline in 2024, this was majorly due to the geopolitical unrest due to the Ukraine-Russia and Israel Palestine war and rising inflation rates and the fall is estimated to remain till mid of 2026, the market for construction equipment is expected to revive in the region from late 2026 to early 2027.. According to the Associated General Contractors of America (AGC), the construction market growth is attributed to increased residential and commercial construction spending. The US government’s commitment to infrastructure projects, supported by funding from the Bipartisan Infrastructure Law, which allocates USD 5 Billion, emphasizes the anticipated growth in expanding roadways with investments from the government. The rising trend towards rental services for construction equipment is also expected to propel market expansion as companies look for cost-effective solutions between fluctuating economic conditions. The growing trend towards electric and hybrid construction equipment, supported by sustainability goals and new emission standards, is expected to contribute significantly to market expansion. The key players in the North American construction equipment market are Caterpillar (US), Deere & Company (US) and Terex Corporation (US).

建設機械市場 - 2030年までの世界予測 region
construction-mining-equipment-market-region

In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.

  • By Company Type: Construction equipment Manufacturers – 50%, Construction equipment Component Suppliers – 40%, and Others– 10%
  • By Designation: C Level – 40%, Directors- 40%, and Others – 20%
  • By Region: North America – 20%, Europe – 30%, and Asia Pacific – 30%, The Middle East & RoW–20%

The construction equipment market is led by established players such as Caterpillar (US), Komatsu Ltd. (Japan), Xuzhou Construction Machinery Group (China), and Deere & Company (US).

建設機械市場 - 2030年までの世界予測 ecosystem
construction-mining-equipment-market-ecosystem

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall Construction equipment market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of Key drivers (Growth in infrastructure development projects, and Increasing demand for sustainable construction solutions), Restraint (Stringent international trade policies and mandates), opportunities (Ongoing development in lithium battery chemistry, Advancements in autonomous construction equipment and Rapid digitalization of services) and challenges (Limited battery capacity in electric equipment and Susceptibility to cyber-attacks) influencing the growth of construction equipment market.

  • Product Development/Innovation: Detailed insights on upcoming technologies, research development activities, and new products & services of the Construction equipment market
  • Market Development: Comprehensive information about the lucrative market – the report analyzes the construction equipment market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the construction equipment market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Caterpillar (US), Komatsu Ltd. (Japan), Hitachi Construction Machinery Co., Ltd. (Japan), Xuzhou Construction Machinery Group (China), and Deere & Company (US). among others in the construction equipment market.

Table of Contents

1               INTRODUCTION              37

1.1           STUDY OBJECTIVES       37

1.2           MARKET DEFINITION   38

1.2.1        INCLUSIONS AND EXCLUSIONS 39

1.3           MARKET SCOPE                40

1.3.1        YEARS CONSIDERED      41

1.4           CURRENCY CONSIDERED            41

1.5           UNITS CONSIDERED      43

1.6           STAKEHOLDERS               43

1.7           SUMMARY OF CHANGES               43

2               RESEARCH METHODOLOGY       44

2.1           RESEARCH DATA              44

2.1.1        SECONDARY DATA          45

2.1.1.1    Secondary sources                45

2.1.1.2    Key data from secondary sources       46

2.1.2        PRIMARY DATA 47

2.1.2.1    Primary interview participants           48

2.1.3        SAMPLING TECHNIQUES AND DATA COLLECTION METHODS           48

2.2           MARKET SIZE ESTIMATION         49

2.2.1        BOTTOM-UP APPROACH              50

2.2.2        TOP-DOWN APPROACH                51

2.3           DATA TRIANGULATION                52

2.4           FACTOR ANALYSIS          53

2.5           RESEARCH ASSUMPTIONS AND RISK ASSESSMENT                 54

2.6           RESEARCH LIMITATIONS             56

3               EXECUTIVE SUMMARY  57

4               PREMIUM INSIGHTS       61

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC CONSTRUCTION EQUIPMENT MARKET           61

4.2           CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE           62

4.3           CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION   63

4.4           RENTAL CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION   63

4.5           CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY               64

4.6           CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE     64

4.7           CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION     65

4.8           CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT              65

4.9           AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY REGION         66

4.10         CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY           66

4.11         CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY        67

4.12         ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE 67

4.13         CONSTRUCTION EQUIPMENT MARKET, BY REGION                 68

5               MARKET OVERVIEW       69

5.1           INTRODUCTION              69

5.2           MARKET DYNAMICS       70

5.2.1        DRIVERS               70

5.2.1.1    Growth in infrastructural development projects              70

5.2.1.2    Increasing demand for sustainable construction solutions                 72

5.2.2        RESTRAINTS      73

5.2.2.1    Stringent international trade policies and mandates       73

5.2.3        OPPORTUNITIES              74

5.2.3.1    Ongoing developments in lithium battery chemistry      74

5.2.3.2    Advancements in autonomous construction equipment                 75

5.2.3.3    Rapid digitalization of services           76

5.2.4        CHALLENGES    76

5.2.4.1    Battery-related issues in electric equipment    76

5.2.4.2    Susceptibility to cyber attacks             77

5.3           IMPACT OF AI/GENERATIVE AI 77

5.3.1        IMPACT OF AI/GENERATIVE AI ON CONSTRUCTION EQUIPMENT MARKET    77

5.4           TECHNOLOGY ANALYSIS             78

5.4.1        KEY TECHNOLOGIES     78

5.4.1.1    Autonomous construction equipment               78

5.4.1.2    Hydrogen combustion engines for construction equipment                 78

5.4.1.3    Hydrogen fuel cells for construction equipment              79

5.4.2        COMPLEMENTARY TECHNOLOGIES       79

5.4.2.1    Monitoring and diagnosis via connected technologies   79

5.4.3        ADJACENT TECHNOLOGIES       79

5.4.3.1    Grade control systems         79

5.4.3.2    Advanced material science  79

5.5           USE CASE ANALYSIS        80

5.5.1        PREDICTIVE MAINTENANCE      80

5.5.2        LOW-CARBON CONSTRUCTION MACHINERY     80

5.5.3        SMART CONSTRUCTION EQUIPMENT   81

5.6           INVESTMENT AND FUNDING SCENARIO               81

5.7           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            82

5.8           PRICING ANALYSIS          83

5.8.1        BY EQUIPMENT TYPE    83

5.8.1.1    Average selling price trend of construction equipment,

by equipment type, 2021–2023           83

5.8.2        BY REGION         85

5.8.2.1    Average selling price trend of construction equipment,

by region, 2021–2023           85

5.9           ECOSYSTEM MAPPING  86

5.10         SUPPLY CHAIN ANALYSIS             89

5.11         PATENT ANALYSIS          91

5.12         TRADE ANALYSIS             98

5.12.1      IMPORT DATA  98

5.12.2      EXPORT DATA  99

5.13         REGULATORY LANDSCAPE         101

5.13.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             101

5.13.2      REGULATORY ANALYSIS OF CONSTRUCTION EQUIPMENT MARKET    106

5.13.3      NON-ROAD MOBILE MACHINERY REGULATIONS OUTLOOK, 2019–2030      106

5.13.3.1  North America      107

5.13.3.1.1                US           107

5.13.3.2  European Union   108

5.13.3.3  Asia         108

5.13.3.3.1                China      108

5.13.3.3.2                India       109

5.14         KEY CONFERENCES AND EVENTS, 2025  110

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     111

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           111

5.15.2      BUYING CRITERIA           112

5.16         CONSTRUCTION EQUIPMENT (ELECTRIC EXCAVATOR) OEM ANALYSIS 112

5.16.1      BATTERY CAPACITY VS. OEMS  113

5.16.2      POWER OUTPUT VS. OEMS         113

6               CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE           114

6.1           INTRODUCTION              115

6.2           ARTICULATED DUMP TRUCKS  120

6.2.1        EASE OF MANEUVERABILITY ON ROUGH TERRAIN TO DRIVE GROWTH               120

6.3           ASPHALT FINISHERS      121

6.3.1        INCREASE IN ROAD CONSTRUCTION PROJECTS IN EMERGING MARKETS TO DRIVE GROWTH           121

6.4           BACKHOE LOADERS       123

6.4.1        RISE IN SMART CITY PROGRAMS TO DRIVE DEMAND                 123

6.5           CRAWLER DOZERS          125

6.5.1        BOOST IN INFRASTRUCTURE DEVELOPMENT ACTIVITIES TO DRIVE GROWTH               125

6.6           CRAWLER EXCAVATORS               126

6.6.1        GROWING DEMAND FOR ADVANCED CRAWLER EXCAVATORS TO DRIVE MARKET            126

6.7           CRAWLER LOADERS       128

6.7.1        R&D ON DEPLOYMENT OF ADVANCED TECHNOLOGIES IN CRAWLER LOADERS TO DRIVE MARKET          128

6.8           MINI EXCAVATORS          130

6.8.1        ABILITY TO WORK IN NARROW SPACES TO DRIVE GROWTH             130

6.9           MOTOR GRADERS           131

6.9.1        GOVERNMENT INITIATIVES FOR ROAD INFRASTRUCTURE DEVELOPMENT TO DRIVE GROWTH                 131

6.10         MOTOR SCRAPERS          133

6.10.1      EXTENSIVE USE IN CONSTRUCTION APPLICATIONS TO DRIVE GROWTH               133

6.11         ROAD ROLLERS                 135

6.11.1      SURGE IN ROAD DEVELOPMENT PROJECTS IN ASIA TO DRIVE GROWTH               135

6.12         RIGID DUMP TRUCKS    136

6.12.1      LOWER TIRE ROLLING RESISTANCE THAN ARTICULATED DUMP TRUCKS TO DRIVE MARKET          136

6.13         ROUGH TERRAIN LIFTING TRUCK (RTLT) MASTED                 138

6.13.1      HEAVY MATERIAL HANDLING CAPACITY TO DRIVE GROWTH             138

6.14         ROUGH TERRAIN LIFTING TRUCK (RTLT) TELESCOPIC                 140

6.14.1      ADVANCEMENTS IN POWERTRAIN TO DRIVE GROWTH                 140

6.15         SKID-STEER LOADERS   141

6.15.1      IMPROVED ENERGY EFFICIENCY TO DRIVE GROWTH                 141

6.16         WHEELED EXCAVATORS               143

6.16.1      EASE OF OPERATION TO DRIVE GROWTH           143

6.17         WHEELED LOADERS <80 HP        145

6.17.1      EFFICIENCY IN DIGGING, STOCKPILING, AND LOADING APPLICATIONS TO DRIVE DEMAND       145

6.18         WHEELED LOADERS >80 HP        147

6.18.1      EXTENSIVE USE IN LARGE-SCALE INFRASTRUCTURE PROJECTS TO DRIVE MARKET   147

6.19         COMPACTORS  148

6.19.1      WIDE USE IN WASTE MANAGEMENT AND RECYCLING APPLICATIONS TO DRIVE MARKET         148

6.20         PICK & CARRY CRANES  150

6.20.1      WIDE APPLICATION AT CONSTRUCTION SITES TO DRIVE MARKET 150

6.21         INDUSTRY INSIGHTS     151

7               CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY               152

7.1           INTRODUCTION              153

7.2           EARTHMOVING EQUIPMENT     155

7.2.1        RISING DEMAND FOR EXCAVATORS TO DRIVE MARKET                 155

7.3           MATERIAL HANDLING EQUIPMENT       156

7.3.1        RISE IN INDUSTRIAL DEVELOPMENT PROJECTS TO DRIVE MARKET 156

7.4           HEAVY CONSTRUCTION EQUIPMENT   158

7.4.1        INCREASE IN ROAD AND TUNNEL CONSTRUCTION APPLICATIONS TO DRIVE GROWTH       158

7.5           OTHER EQUIPMENT CATEGORIES           160

7.6           INDUSTRY INSIGHTS     161

8               CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE     162

8.1           INTRODUCTION              163

8.2           EXHAUST GAS RECIRCULATION (EGR)  165

8.2.1        EMPHASIS ON COMPLIANCE WITH STRICT EMISSION REGULATIONS TO DRIVE MARKET          165

8.3           DIESEL OXIDATION CATALYST (DOC)   166

8.3.1        STRINGENT EMISSION STANDARDS IN EMERGING ECONOMIES TO DRIVE MARKET               166

8.4           DIESEL PARTICULATE FILTER (DPF)      168

8.4.1        FOCUS ON ADHERENCE TO STAGE IV AND V EMISSION LIMITS TO DRIVE MARKET IN EUROPE 168

8.5           SELECTIVE CATALYTIC REDUCTION (SCR)          170

8.5.1        EMPHASIS ON NOX REDUCTIONS TO DRIVE MARKET                 170

8.6           INDUSTRY INSIGHTS     171

9               CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION   172

9.1           INTRODUCTION              173

9.2           INFRASTRUCTURE          174

9.2.1        INCREASING BUDGET FOR INFRASTRUCTURE DEVELOPMENT TO DRIVE MARKET        174

9.3           COMMERCIAL   175

9.3.1        RISING CONSTRUCTION OF COMMERCIAL SPACES TO DRIVE MARKET 175

9.4           RESIDENTIAL    176

9.4.1        INCREASING LUXURY HOME SALES TO DRIVE MARKET                 176

9.5           INDUSTRY INSIGHTS     177

10            CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY           178

10.1         INTRODUCTION              179

10.2         <5 L        180

10.2.1      INCREASING NUMBER OF URBAN INFRASTRUCTURE PROJECTS IN ASIA TO DRIVE MARKET   180

10.3         5–10 L    182

10.3.1      HEAVY LOAD CARRYING AND HAULING CAPACITY TO DRIVE DEMAND               182

10.4         >10 L      184

10.4.1      INCREASED INTEGRATION WITH HEAVY CONSTRUCTION EQUIPMENT TO DRIVE DEMAND         184

10.5         INDUSTRY INSIGHTS     185

11            CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT              186

11.1         INTRODUCTION              187

11.2         <100 HP                189

11.2.1      INCREASE IN ROAD REPAIR AND MAINTENANCE PROJECTS TO DRIVE MARKET   189

11.3         101–200 HP           190

11.3.1      LOW MAINTENANCE COSTS TO DRIVE DEMAND                 190

11.4         201–400 HP           192

11.4.1      BOOST IN SMART CITY AND HIGHWAY CONSTRUCTION PROJECTS TO DRIVE GROWTH 192

11.5         >400 HP                194

11.5.1      RAPID DEVELOPMENT OF COMMERCIAL INFRASTRUCTURE TO DRIVE GROWTH 194

11.6         INDUSTRY INSIGHTS     195

12            CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION     196

12.1         INTRODUCTION              197

12.2         DIESEL 198

12.2.1      HIGH TORQUE AT LOW SPEED TO DRIVE GROWTH                 198

12.3         CNG/LNG/RNG 200

12.3.1      INCREASE IN EMISSION REGULATIONS FROM HEAVY CONSTRUCTION EQUIPMENT ENGINES TO DRIVE DEMAND                 200

12.4         INDUSTRY INSIGHTS     202

13            COMPACT CONSTRUCTION EQUIPMENT MARKET,

GLOBAL SHIPMENT BY OEM      203

13.1         INTRODUCTION              203

13.2         BOBCAT COMPANY: GLOBAL SHIPMENT OF COMPACT EQUIPMENT      203

13.2.1      BOBCAT COMPANY: EQUIPMENT AND APPLICATIONS                 203

13.2.2      BOBCAT COMPANY: GLOBAL SHIPMENT, BY EQUIPMENT      203

13.3         CATERPILLAR INC.: GLOBAL SHIPMENT OF COMPACT EQUIPMENT      204

13.3.1      CATERPILLAR INC.: EQUIPMENT AND APPLICATIONS                 204

13.3.2      CATERPILLAR INC.: GLOBAL SHIPMENT, BY EQUIPMENT      204

13.4         CNH INDUSTRIAL N.V.: GLOBAL SHIPMENT OF COMPACT EQUIPMENT                204

13.4.1      CNH INDUSTRIAL N.V.: EQUIPMENT AND APPLICATIONS 204

13.4.2      CNH INDUSTRIAL N.V.: GLOBAL SHIPMENT, BY EQUIPMENT      205

13.5         HITACHI CONSTRUCTION MACHINERY CO., LTD.: GLOBAL SHIPMENT OF COMPACT EQUIPMENT                205

13.5.1      HITACHI CONSTRUCTION MACHINERY CO., LTD.: EQUIPMENT AND APPLICATIONS            205

13.5.2      HITACHI CONSTRUCTION MACHINERY CO., LTD.: GLOBAL SHIPMENT,

BY EQUIPMENT                205

13.6         HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: GLOBAL SHIPMENT OF COMPACT EQUIPMENT                206

13.6.1      HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: EQUIPMENT AND APPLICATIONS            206

13.6.2      HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: GLOBAL SHIPMENT,

BY EQUIPMENT                206

13.7         J C BAMFORD EXCAVATORS LTD.: GLOBAL SHIPMENT OF COMPACT EQUIPMENT         207

13.7.1      J C BAMFORD EXCAVATORS LTD.: EQUIPMENT AND APPLICATIONS 207

13.7.2      J C BAMFORD EXCAVATORS LTD.: GLOBAL SHIPMENT, BY EQUIPMENT                207

13.8         DEERE & COMPANY: GLOBAL SHIPMENT OF COMPACT EQUIPMENT      208

13.8.1      DEERE & COMPANY: EQUIPMENT AND APPLICATIONS                 208

13.8.2      DEERE & COMPANY: GLOBAL SHIPMENT, BY EQUIPMENT      208

13.9         KOMATSU LTD.: GLOBAL SHIPMENT OF COMPACT EQUIPMENT      208

13.9.1      KOMATSU LTD.: EQUIPMENT AND APPLICATIONS                 208

13.9.2      KOMATSU LTD.: GLOBAL SHIPMENT, BY EQUIPMENT                 209

13.10       KUBOTA CORPORATION: GLOBAL SHIPMENT OF COMPACT EQUIPMENT                209

13.10.1   KUBOTA CORPORATION: EQUIPMENT AND APPLICATIONS 209

13.10.2   KUBOTA CORPORATION: GLOBAL SHIPMENT, BY EQUIPMENT      209

13.11       LIEBHERR: GLOBAL SHIPMENT OF COMPACT EQUIPMENT      210

13.11.1   LIEBHERR: EQUIPMENT AND APPLICATIONS     210

13.11.2   LIEBHERR: GLOBAL SHIPMENT, BY EQUIPMENT                 210

14            CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION   211

14.1         INTRODUCTION              212

14.2         INFRASTRUCTURE          213

14.2.1      INCREASE IN NUMBER OF PROJECTS THAT DO NOT REQUIRE LONG-TERM EQUIPMENT OWNERSHIP TO DRIVE MARKET               213

14.3         COMMERCIAL   214

14.3.1      ACCESS TO LATEST AND MOST EFFICIENT EQUIPMENT TO DRIVE DEMAND        214

14.4         RESIDENTIAL    215

14.4.1      LOW INITIAL INVESTMENT IN RESIDENTIAL CONSTRUCTION TO DRIVE GROWTH    215

14.5         INDUSTRY INSIGHTS     216

15            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE    217

15.1         INTRODUCTION              218

15.2         ELECTRIC DUMP TRUCKS            221

15.2.1      HIGH DEMAND FOR NEW ENERGY VEHICLES TO DRIVE DEMAND             221

15.3         ELECTRIC DOZERS          222

15.3.1      REDUCED EMISSIONS AND MAINTENANCE COSTS TO DRIVE DEMAND               222

15.4         ELECTRIC EXCAVATORS               224

15.4.1      INCREASING PREFERENCE FOR MINI EXCAVATORS TO DRIVE MARKET 224

15.5         ELECTRIC MOTOR GRADERS     225

15.5.1      GRADING, SPREADING, AND EARTHMOVING APPLICATIONS TO DRIVE DEMAND       225

15.6         ELECTRIC LOADERS       226

15.6.1      TREND OF ELECTRIFICATION OF SKID AND COMPACT LOADERS TO DRIVE MARKET    226

15.7         ELECTRIC LOAD HAUL DUMP LOADERS               227

15.7.1      GROWING ELECTRIFICATION TREND IN CONSTRUCTION INDUSTRY TO DRIVE MARKET               227

15.8         INDUSTRY INSIGHTS     229

16            ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY   230

16.1         INTRODUCTION              231

16.2         LITHIUM IRON PHOSPHATE (LFP)           234

16.2.1      HIGH ELECTROCHEMICAL STABILITY TO DRIVE DEMAND             234

16.3         LITHIUM NICKEL MANGANESE COBALT (NMC) 236

16.3.1      HIGH ENERGY DENSITY TO DRIVE DEMAND      236

16.4         OTHER BATTERY CHEMISTRIES                237

16.5         INDUSTRY INSIGHTS     239

17            AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET, BY REGION         240

17.1         INTRODUCTION              241

17.2         AUTONOMOUS CONSTRUCTION EQUIPMENT PRODUCT/SERVICE OFFERINGS

BY KEY OEMS    242

17.3         AI DEVELOPMENTS IN AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET    243

18            CONSTRUCTION EQUIPMENT MARKET, BY REGION                 246

18.1         INTRODUCTION              247

18.2         ASIA       249

18.2.1      MACROECONOMIC OUTLOOK  249

18.2.2      CHINA  254

18.2.2.1  Heavy investments in infrastructure development to drive market                 254

18.2.3      INDIA    257

18.2.3.1  Government plans for smart cities and foreign investments in real estate to drive market           257

18.2.4      JAPAN   262

18.2.4.1  Government investment in reconstruction activities to drive market    262

18.2.5      INDONESIA        266

18.2.5.1  New infrastructure development projects to drive demand                 266

18.2.6      REST OF ASIA    270

18.3         EUROPE               274

18.3.1      MACROECONOMIC OUTLOOK  274

18.3.2      GERMANY           279

18.3.2.1  Rising demand for compact construction equipment to drive market    279

18.3.3      UK          283

18.3.3.1  Residential construction projects to drive demand         283

18.3.4      FRANCE                287

18.3.4.1  Rapid development of healthcare facilities to drive demand                 287

18.3.5      ITALY    291

18.3.5.1  Investments in maintenance and renovation projects to drive market    291

18.3.6      SPAIN    295

18.3.6.1  Rising foreign investments to drive market      295

18.3.7      REST OF EUROPE             299

18.4         NORTH AMERICA             302

18.4.1      MACROECONOMIC OUTLOOK  303

18.4.2      US           307

18.4.2.1  Growing number of commercial construction projects to drive market    307

18.4.3      CANADA               311

18.4.3.1  Increasing investments in residential and non-residential construction to drive market               311

18.4.4      MEXICO                315

18.4.4.1  Increased private and public sector investments in construction activities to drive market     315

18.5         MIDDLE EAST   320

18.5.1      MACROECONOMIC OUTLOOK  320

18.5.2      GULF COOPERATION COUNCIL (GCC)  324

18.5.2.1  Qatar      324

18.5.2.1.1                Development and maintenance activities for commercial events to drive market    324

18.5.3      SAUDI ARABIA  328

18.5.3.1  Introduction of Vision 2030 to drive market    328

18.5.4      UAE        332

18.5.4.1  Rise in tourism activities to drive growth          332

18.5.5      REST OF MIDDLE EAST 336

18.6         REST OF THE WORLD (ROW)      340

18.6.1      MACROECONOMIC OUTLOOK  340

18.6.2      RUSSIA 344

18.6.2.1  Russia-Ukraine conflict to threaten demand   344

18.6.3      SOUTH AFRICA 348

18.6.3.1  Infrastructure development programs to achieve UN Sustainable Development Goals to drive market  348

18.6.4      BRAZIL 352

18.6.4.1  Booming hospitality sector to drive market      352

18.6.5      OTHERS                356

18.7         INDUSTRY INSIGHTS     359

19            COMPETITIVE LANDSCAPE         360

19.1         OVERVIEW          360

19.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 360

19.3         MARKET SHARE ANALYSIS, 2023                 361

19.4         REVENUE ANALYSIS OF TOP 5 PLAYERS, 2019–2023                 364

19.5         COMPANY EVALUATION MATRIX: CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024     365

19.5.1      STARS   365

19.5.2      EMERGING LEADERS     365

19.5.3      PERVASIVE PLAYERS      365

19.5.4      PARTICIPANTS 365

19.5.5      COMPANY FOOTPRINT: CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024                 367

19.5.5.1  Region footprint, 2024         368

19.5.5.2  Propulsion footprint, 2024  369

19.5.5.3  Application footprint, 2024 370

19.6         MAJOR COMPACT CONSTRUCTION EQUIPMENT MANUFACTURERS, BY EQUIPMENT TYPE             371

19.6.1      MINI EXCAVATORS          371

19.6.2      SKID-STEER LOADERS   372

19.6.3      WHEELED LOADERS       373

19.6.4      BACKHOE LOADERS       374

19.6.5      TELESCOPIC HANDLERS               375

19.7         COMPANY EVALUATION MATRIX: COMPACT CONSTRUCTION EQUIPMENT MARKET, 2024      376

19.7.1      STARS   376

19.7.2      EMERGING LEADERS     376

19.7.3      PERVASIVE PLAYERS      376

19.7.4      PARTICIPANTS 376

19.7.5      COMPANY FOOTPRINT: COMPACT CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024     378

19.7.5.1  Region footprint, 2024         379

19.7.5.2  Product footprint, 2024       380

19.7.5.3  Propulsion footprint, 2024  381

19.8         COMPANY VALUATION 382

19.9         FINANCIAL METRICS      382

19.10       BRAND/PRODUCT COMPARISON             383

19.11       COMPETITIVE SCENARIO             384

19.11.1   PRODUCT LAUNCHES/DEVELOPMENTS, 2021–2024                 384

19.11.2   DEALS, 2021–2024              387

19.11.3   EXPANSIONS, 2021–2024 390

19.11.4   OTHERS, 2021–2024          393

20            COMPANY PROFILES      395

20.1         KEY PLAYERS     395

20.1.1      CATERPILLAR INC.          395

20.1.1.1  Business overview 395

20.1.1.2  Products offered   396

20.1.1.3  Recent developments           397

20.1.1.3.1                Product launches/enhancements       397

20.1.1.3.2                Deals      402

20.1.1.3.3                Expansions             404

20.1.1.4  MnM view              404

20.1.1.4.1                Key strengths        404

20.1.1.4.2                Strategic choices   404

20.1.1.4.3                Weaknesses and competitive threats 404

20.1.2      KOMATSU LTD.                 405

20.1.2.1  Business overview 405

20.1.2.2  Products offered   406

20.1.2.3  Recent developments           407

20.1.2.3.1                Product launches/developments        407

20.1.2.3.2                Deals      408

20.1.2.3.3                Expansions             409

20.1.2.4  MnM view              409

20.1.2.4.1                Key strengths        409

20.1.2.4.2                Strategic choices   409

20.1.2.4.3                Weaknesses and competitive threats 410

20.1.3      DEERE & COMPANY        411

20.1.3.1  Business overview 411

20.1.3.2  Products offered   412

20.1.3.3  Recent developments           413

20.1.3.3.1                Product launches/enhancements       413

20.1.3.3.2                Deals      416

20.1.3.3.3                Expansions             416

20.1.3.4  MnM view              417

20.1.3.4.1                Key strengths        417

20.1.3.4.2                Strategic choices   417

20.1.3.4.3                Weaknesses and competitive threats 417

20.1.4      SANY GROUP     418

20.1.4.1  Business overview 418

20.1.4.2  Products offered   419

20.1.4.3  Recent developments           420

20.1.4.3.1                Product launches/developments        420

20.1.4.3.2                Deals      421

20.1.4.3.3                Expansions             421

20.1.4.3.4                Others    422

20.1.4.4  MnM view              422

20.1.4.4.1                Key strengths        422

20.1.4.4.2                Strategic choices   422

20.1.4.4.3                Weaknesses and competitive threats 422

20.1.5      XCMG GROUP   423

20.1.5.1  Business overview 423

20.1.5.2  Products offered   424

20.1.5.3  Recent developments           424

20.1.5.3.1                Product launches  424

20.1.5.3.2                Deals      426

20.1.5.3.3                Expansions             426

20.1.5.4  MnM view              427

20.1.5.4.1                Key strengths        427

20.1.5.4.2                Strategic choices   427

20.1.5.4.3                Weaknesses and competitive threats 427

20.1.6      HITACHI CONSTRUCTION MACHINERY CO., LTD.                 428

20.1.6.1  Business overview 428

20.1.6.2  Products offered   430

20.1.6.3  Recent developments           430

20.1.6.3.1                Product launches  430

20.1.6.3.2                Deals      431

20.1.6.3.3                Expansions             432

20.1.7      AB VOLVO           433

20.1.7.1  Business overview 433

20.1.7.2  Products offered   434

20.1.7.3  Recent developments           435

20.1.7.3.1                Product launches  435

20.1.7.3.2                Deals      436

20.1.7.3.3                Expansions             437

20.1.7.3.4                Others    437

20.1.8      CNH INDUSTRIAL N.V.  438

20.1.8.1  Business overview 438

20.1.8.2  Products offered   439

20.1.8.3  Recent developments           440

20.1.8.3.1                Product launches  440

20.1.8.3.2                Deals      441

20.1.8.3.3                Others    441

20.1.9      LIEBHERR            442

20.1.9.1  Business overview 442

20.1.9.2  Products offered   443

20.1.9.3  Recent developments           444

20.1.9.3.1                Product launches/developments        444

20.1.9.3.2                Deals      446

20.1.9.3.3                Others    447

20.1.10   J C BAMFORD EXCAVATORS LTD.             448

20.1.10.1                 Business overview 448

20.1.10.2                 Products offered   448

20.1.10.3                 Recent developments           449

20.1.10.3.1             Product launches  449

20.1.10.3.2             Deals      450

20.1.10.3.3             Expansions             450

20.1.10.3.4             Others    450

20.1.11   DOOSAN ENERBILITY    451

20.1.11.1                 Business overview 451

20.1.11.2                 Products offered   452

20.1.11.3                 Recent developments           452

20.1.11.3.1             Deals      452

20.1.12   TEREX CORPORATION  453

20.1.12.1                 Business overview 453

20.1.12.2                 Products offered   455

20.1.12.3                 Recent developments           455

20.1.12.3.1             Others    455

20.1.13   ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.              456

20.1.13.1                 Business overview 456

20.1.13.2                 Products offered   457

20.1.14   KOBELCO CONSTRUCTION MACHINERY CO., LTD.                 458

20.1.14.1                 Business overview 458

20.1.14.2                 Products offered   458

20.1.14.3                 Recent developments           459

20.1.14.3.1             Deals      459

20.1.14.3.2             Expansions             459

20.1.14.3.3             Others    459

20.1.15   HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.                 460

20.1.15.1                 Business overview 460

20.1.15.2                 Products offered   461

20.1.15.3                 Recent developments           461

20.1.15.3.1             Product launches  461

20.1.15.3.2             Expansions             462

20.1.15.3.3             Others    462

20.1.16   KUBOTA CORPORATION              463

20.1.16.1                 Business overview 463

20.1.16.2                 Products offered   464

20.1.16.3                 Recent developments           465

20.1.16.3.1             Product launches  465

20.1.16.3.2             Expansions             465

20.1.17   YANMAR HOLDINGS CO., LTD.  467

20.1.17.1                 Business overview 467

20.1.17.2                 Product offered     468

20.1.17.3                 Recent developments           468

20.1.17.3.1             Product launches  468

20.1.17.3.2             Deals      468

20.1.17.3.3             Expansions             469

20.1.17.3.4             Others    469

20.1.18   SUMITOMO CONSTRUCTION MACHINERY CO., LTD.                 470

20.1.18.1                 Business overview 470

20.1.18.2                 Products offered   470

20.2         OTHER PLAYERS              471

20.2.1      SANDVIK              471

20.2.2      THE MANITOWOC COMPANY, INC.         472

20.2.3      ASTEC INDUSTRIES, INC.              473

20.2.4      WACKER NEUSON SE      474

20.2.5      ESCORTS KUBOTA LIMITED.      475

20.2.6      AMMANN GROUP             476

20.2.7      LIUGONG MACHINERY CO., LTD.             477

20.2.8      MANITOU GROUP           478

20.2.9      SHANTUI CONSTRUCTION MACHINERY CO., LTD.                 479

20.2.10   DINGSHENG TIANGONG CONSTRUCTION MACHINERY CO., LTD.             480

21            RECOMMENDATIONS BY MARKETSANDMARKETS                 481

21.1         ASIA- PROMISING MARKET FOR CONSTRUCTION EQUIPMENT MANUFACTURERS                481

21.2         RENTAL CONSTRUCTION EQUIPMENT WITH TELEMATICS TO PROPEL GROWTH        481

21.3         ELECTRIC CONSTRUCTION EQUIPMENT TO GROW AT SIGNIFICANT RATE         482

21.4         CONCLUSION    482

22            APPENDIX           483

22.1         INSIGHTS FROM INDUSTRY EXPERTS     483

22.2         DISCUSSION GUIDE        484

22.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                486

22.4         CUSTOMIZATION OPTIONS        488

22.4.1      CONSTRUCTION EQUIPMENT MARKET, BY END-USE INDUSTRY           488

22.4.2      ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY            488

22.4.3      HYDROGEN-BASED CONSTRUCTION EQUIPMENT MARKET, BY REGION     488

22.5         RELATED REPORTS         489

22.6         AUTHOR DETAILS           490

LIST OF TABLES

TABLE 1                INCLUSIONS AND EXCLUSIONS 39

TABLE 2                CURRENCY EXCHANGE RATES  42

TABLE 3                UPCOMING INFRASTRUCTURE PROJECTS                 71

TABLE 4                SOLID-STATE VS. LITHIUM-ION BATTERIES                 75

TABLE 5                DIGITAL SERVICES OFFERED BY OEMS  76

TABLE 6                AVERAGE SELLING PRICE TREND OF CONSTRUCTION EQUIPMENT,

BY EQUIPMENT TYPE, 2021 VS. 2022 VS. 2023        83

TABLE 7                AVERAGE SELLING PRICE OF CONSTRUCTION EQUIPMENT,

BY REGION, 2021 VS. 2022 VS. 2023             85

TABLE 8                CONSTRUCTION EQUIPMENT MARKET: ROLE OF COMPANIES IN ECOSYSTEM 87

TABLE 9                PATENT ANALYSIS          92

TABLE 10              US: CONSTRUCTION EQUIPMENT IMPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      98

TABLE 11              FRANCE: CONSTRUCTION EQUIPMENT IMPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      98

TABLE 12              CANADA: CONSTRUCTION EQUIPMENT IMPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      98

TABLE 13              MEXICO: CONSTRUCTION EQUIPMENT IMPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      99

TABLE 14              RUSSIA: CONSTRUCTION EQUIPMENT IMPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      99

TABLE 15              UK: CONSTRUCTION EQUIPMENT EXPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      99

TABLE 16              US: CONSTRUCTION EQUIPMENT EXPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      100

TABLE 17              INDIA: CONSTRUCTION EQUIPMENT EXPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      100

TABLE 18              TÜRKIYE: CONSTRUCTION EQUIPMENT EXPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      100

TABLE 19             CHINA: CONSTRUCTION EQUIPMENT EXPORTS, BY COUNTRY,

2019–2023 (USD THOUSAND)      101

TABLE 20              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  101

TABLE 21              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  103

TABLE 22              ASIA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  104

TABLE 23              MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  105

TABLE 24              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  105

TABLE 25              US: TIER 4 EMISSION STANDARDS            107

TABLE 26              EUROPEAN UNION: STAGE V EMISSION STANDARDS      108

TABLE 27              CHINA: CHINA IV EMISSION STANDARDS                 108

TABLE 28              INDIA: CEV IV EMISSION STANDARDS    109

TABLE 29              INDIA: CEV V EMISSION STANDARDS     109

TABLE 30              KEY CONFERENCES AND EVENTS, 2025  110

TABLE 31              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY PROPULSION (%) 111

TABLE 32              KEY BUYING CRITERIA FOR TOP CONSTRUCTION EQUIPMENT, BY PROPULSION               112

TABLE 33              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2020–2023 (UNITS)   116

TABLE 34              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2024–2030 (UNITS)   117

TABLE 35              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            118

TABLE 36              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            119

TABLE 37              ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2020–2023 (UNITS)         120

TABLE 38              ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2024–2030 (UNITS)         120

TABLE 39              ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2020–2023 (USD MILLION)          121

TABLE 40              ARTICULATED DUMP TRUCKS MARKET, BY REGION, 2024–2030 (USD MILLION)          121

TABLE 41              ASPHALT FINISHERS MARKET, BY REGION, 2020–2023 (UNITS)            122

TABLE 42              ASPHALT FINISHERS MARKET, BY REGION, 2024–2030 (UNITS)            122

TABLE 43              ASPHALT FINISHERS MARKET, BY REGION, 2020–2023 (USD MILLION)            122

TABLE 44              ASPHALT FINISHERS MARKET, BY REGION, 2024–2030 (USD MILLION)            123

TABLE 45              BACKHOE LOADERS MARKET, BY REGION, 2020–2023 (UNITS)      123

TABLE 46              BACKHOE LOADERS MARKET, BY REGION, 2024–2030 (UNITS)      124

TABLE 47              BACKHOE LOADERS MARKET, BY REGION, 2020–2023 (USD MILLION)       124

TABLE 48              BACKHOE LOADERS MARKET, BY REGION, 2024–2030 (USD MILLION)       124

TABLE 49              CRAWLER DOZERS MARKET, BY REGION, 2020–2023 (UNITS)      125

TABLE 50              CRAWLER DOZERS MARKET, BY REGION, 2024–2030 (UNITS)      125

TABLE 51              CRAWLER DOZERS MARKET, BY REGION, 2020–2023 (USD MILLION)       126

TABLE 52              CRAWLER DOZERS MARKET, BY REGION, 2024–2030 (USD MILLION)       126

TABLE 53              CRAWLER EXCAVATORS MARKET, BY REGION, 2020–2023 (UNITS)            127

TABLE 54              CRAWLER EXCAVATORS MARKET, BY REGION, 2024–2030 (UNITS)            127

TABLE 55              CRAWLER EXCAVATORS MARKET, BY REGION, 2020–2023 (USD MILLION)            127

TABLE 56              CRAWLER EXCAVATORS MARKET, BY REGION, 2024–2030 (USD MILLION)            128

TABLE 57              CRAWLER LOADERS MARKET, BY REGION, 2020–2023 (UNITS)      128

TABLE 58              CRAWLER LOADERS MARKET, BY REGION, 2024–2030 (UNITS)      129

TABLE 59              CRAWLER LOADERS MARKET, BY REGION, 2020–2023 (USD MILLION)       129

TABLE 60              CRAWLER LOADERS MARKET, BY REGION, 2024–2030 (USD MILLION)       129

TABLE 61              MINI EXCAVATORS MARKET, BY REGION, 2020–2023 (UNITS)      130

TABLE 62              MINI EXCAVATORS MARKET, BY REGION, 2024–2030 (UNITS)      130

TABLE 63              MINI EXCAVATORS MARKET, BY REGION, 2020–2023 (USD MILLION)       131

TABLE 64              MINI EXCAVATORS MARKET, BY REGION, 2024–2030 (USD MILLION)       131

TABLE 65              MOTOR GRADERS MARKET, BY REGION, 2020–2023 (UNITS)      132

TABLE 66              MOTOR GRADERS MARKET, BY REGION, 2024–2030 (UNITS)      132

TABLE 67              MOTOR GRADERS MARKET, BY REGION, 2020–2023 (USD MILLION)       132

TABLE 68              MOTOR GRADERS MARKET, BY REGION, 2024–2030 (USD MILLION)       133

TABLE 69              MOTOR SCRAPERS MARKET, BY REGION, 2020–2023 (UNITS)      133

TABLE 70              MOTOR SCRAPERS MARKET, BY REGION, 2024–2030 (UNITS)      134

TABLE 71              MOTOR SCRAPERS MARKET, BY REGION, 2020–2023 (USD MILLION)       134

TABLE 72              MOTOR SCRAPERS MARKET, BY REGION, 2024–2030 (USD MILLION)       134

TABLE 73              ROAD ROLLERS MARKET, BY REGION, 2020–2023 (UNITS)                135

TABLE 74              ROAD ROLLERS MARKET, BY REGION, 2024–2030 (UNITS)                135

TABLE 75              ROAD ROLLERS MARKET, BY REGION, 2020–2023 (USD MILLION) 136

TABLE 76              ROAD ROLLERS MARKET, BY REGION, 2024–2030 (USD MILLION) 136

TABLE 77              RIGID DUMP TRUCKS MARKET, BY REGION, 2020–2023 (UNITS)            137

TABLE 78              RIGID DUMP TRUCKS MARKET, BY REGION, 2024–2030 (UNITS)            137

TABLE 79              RIGID DUMP TRUCKS MARKET, BY REGION, 2020–2023 (USD MILLION)            137

TABLE 80              RIGID DUMP TRUCKS MARKET, BY REGION, 2024–2030 (USD MILLION)            138

TABLE 81              RTLT-MASTED CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  138

TABLE 82              RTLT-MASTED CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  139

TABLE 83              RTLT-MASTED CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   139

TABLE 84              RTLT-MASTED CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   139

TABLE 85              RTLT-TELESCOPIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  140

TABLE 86              RTLT TELESCOPIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  140

TABLE 87              RTLT TELESCOPIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   141

TABLE 88              RTLT TELESCOPIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   141

TABLE 89              SKID-STEER LOADERS MARKET, BY REGION, 2020–2023 (UNITS)            142

TABLE 90              SKID-STEER LOADERS MARKET, BY REGION, 2024–2030 (UNITS)            142

TABLE 91              SKID-STEER LOADERS MARKET, BY REGION, 2020–2023 (USD MILLION)            142

TABLE 92              SKID-STEER LOADERS MARKET, BY REGION, 2024–2030 (USD MILLION)            143

TABLE 93              WHEELED EXCAVATORS MARKET, BY REGION, 2020–2023 (UNITS)            143

TABLE 94              WHEELED EXCAVATORS MARKET, BY REGION, 2024–2030 (UNITS)            144

TABLE 95              WHEELED EXCAVATORS MARKET, BY REGION, 2020–2023 (USD MILLION)            144

TABLE 96              WHEELED EXCAVATORS MARKET, BY REGION, 2024–2030 (USD MILLION)            144

TABLE 97              WHEELED LOADERS <80 HP MARKET, BY REGION, 2020–2023 (UNITS)         145

TABLE 98              WHEELED LOADERS <80 HP MARKET, BY REGION, 2024–2030 (UNITS)         145

TABLE 99              WHEELED LOADERS <80 HP MARKET, BY REGION, 2020–2023 (USD MILLION)          146

TABLE 100            WHEELED LOADERS <80 HP MARKET, BY REGION, 2024–2030 (USD MILLION)          146

TABLE 101            WHEELED LOADERS >80 HP MARKET, BY REGION, 2020–2023 (UNITS)         147

TABLE 102            WHEELED LOADERS >80 HP MARKET, BY REGION, 2024–2030 (UNITS)         147

TABLE 103            WHEELED LOADERS >80 HP MARKET, BY REGION, 2020–2023 (USD MILLION)          147

TABLE 104            WHEELED LOADERS >80 HP MARKET, BY REGION, 2024–2030 (USD MILLION)          148

TABLE 105            COMPACTORS MARKET, BY REGION, 2020–2023 (UNITS)                148

TABLE 106            COMPACTORS MARKET, BY REGION, 2024–2030 (UNITS)                149

TABLE 107            COMPACTORS MARKET, BY REGION, 2020–2023 (USD MILLION) 149

TABLE 108            COMPACTORS MARKET, BY REGION, 2024–2030 (USD MILLION) 149

TABLE 109            PICK & CARRY CRANES MARKET, BY REGION, 2020–2023 (UNITS)            150

TABLE 110            PICK & CARRY CRANES MARKET, BY REGION, 2024–2030 (UNITS)            150

TABLE 111            PICK & CARRY CRANES MARKET, BY REGION, 2020–2023 (USD MILLION)            151

TABLE 112            PICK & CARRY CRANES MARKET, BY REGION, 2024–2030 (USD MILLION)            151

TABLE 113            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2020–2023 (UNITS)            153

TABLE 114            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2024–2030 (UNITS)            154

TABLE 115            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2020–2023 (USD MILLION)            154

TABLE 116            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2024–2030 (USD MILLION)            154

TABLE 117            EARTHMOVING EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)         155

TABLE 118            EARTHMOVING EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)         155

TABLE 119            EARTHMOVING EQUIPMENT MARKET, BY REGION, 2020–2023 (USD MILLION)          156

TABLE 120            EARTHMOVING EQUIPMENT MARKET, BY REGION, 2024–2030 (USD MILLION)          156

TABLE 121            MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)  157

TABLE 122            MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)  157

TABLE 123            MATERIAL HANDLING EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            157

TABLE 124            MATERIAL HANDLING EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            158

TABLE 125            HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)  158

TABLE 126            HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)  159

TABLE 127            HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            159

TABLE 128            HEAVY CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            159

TABLE 129            OTHER CATEGORIES: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  160

TABLE 130            OTHER CATEGORIES: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  160

TABLE 131            OTHER CATEGORIES: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   160

TABLE 132            OTHER CATEGORIES: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   161

TABLE 133            CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE,

2020–2023 (UNITS)            163

TABLE 134            CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE,

2024–2030 (UNITS)            164

TABLE 135            CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE,

2020–2023 (USD MILLION)            164

TABLE 136            CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE,

2024–2030 (USD MILLION)            164

TABLE 137            EXHAUST GAS RECIRCULATION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  165

TABLE 138            EXHAUST GAS RECIRCULATION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  165

TABLE 139            EXHAUST GAS RECIRCULATION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   166

TABLE 140            EXHAUST GAS RECIRCULATION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   166

TABLE 141            DIESEL OXIDATION CATALYST: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  167

TABLE 142            DIESEL OXIDATION CATALYST: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  167

TABLE 143            DIESEL OXIDATION CATALYST: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   167

TABLE 144            DIESEL OXIDATION CATALYST: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   168

TABLE 145            DIESEL PARTICULATE FILTER: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  168

TABLE 146            DIESEL PARTICULATE FILTER: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  169

TABLE 147            DIESEL PARTICULATE FILTER: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   169

TABLE 148            DIESEL PARTICULATE FILTER: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   169

TABLE 149            SELECTIVE CATALYTIC REDUCTION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  170

TABLE 150            SELECTIVE CATALYTIC REDUCTION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  170

TABLE 151            SELECTIVE CATALYTIC REDUCTION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   171

TABLE 152            SELECTIVE CATALYTIC REDUCTION: CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   171

TABLE 153            CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2020–2023 (USD MILLION)              173

TABLE 154            CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            173

TABLE 155            INFRASTRUCTURE: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            174

TABLE 156            INFRASTRUCTURE: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            174

TABLE 157            COMMERCIAL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            175

TABLE 158            COMMERCIAL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            176

TABLE 159            RESIDENTIAL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            177

TABLE 160            RESIDENTIAL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            177

TABLE 161            CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2020–2023 (UNITS)   179

TABLE 162            CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY, 2024–2030 (UNITS)   179

TABLE 163            CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,

2020–2023 (USD MILLION)            180

TABLE 164            CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,

2024–2030 (USD MILLION)            180

TABLE 165            <5 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)         181

TABLE 166            <5 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)         181

TABLE 167            <5 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            181

TABLE 168            <5 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            182

TABLE 169            5–10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)  182

TABLE 170            5–10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)  183

TABLE 171            5–10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            183

TABLE 172            5–10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            183

TABLE 173            >10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)  184

TABLE 174            >10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)  184

TABLE 175            >10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            185

TABLE 176            >10 L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            185

TABLE 177            CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2020–2023 (UNITS)       187

TABLE 178            CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2024–2030 (UNITS)       188

TABLE 179            CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2020–2023 (USD MILLION)            188

TABLE 180            CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2024–2030 (USD MILLION)            188

TABLE 181            <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)               189

TABLE 182            <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)               189

TABLE 183            <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            190

TABLE 184            <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            190

TABLE 185            101–200 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (UNITS)            191

TABLE 186            101–200 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (UNITS)            191

TABLE 187            101–200 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            191

TABLE 188            101–200 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            192

TABLE 189            201–400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (UNITS)            192

TABLE 190            201–400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (UNITS)            193

TABLE 191            201–400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            193

TABLE 192            201–400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            193

TABLE 193            >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)               194

TABLE 194            >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)               194

TABLE 195            >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            195

TABLE 196            >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            195

TABLE 197            CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2020–2023 (UNITS)              197

TABLE 198            CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2024–2030 (UNITS)              197

TABLE 199            CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            198

TABLE 200            CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION,

2024–2030 (USD MILLION)            198

TABLE 201          DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)  199

TABLE 202          DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)  199

TABLE 203          DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            199

TABLE 204          DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            200

TABLE 205            CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (UNITS)            200

TABLE 206            CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (UNITS)            201

TABLE 207            CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020–2023 (USD MILLION)            201

TABLE 208            CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2024–2030 (USD MILLION)            201

TABLE 209            CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION,

2020–2023 (USD MILLION)            212

TABLE 210            CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            213

TABLE 211            INFRASTRUCTURE: RENTAL CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   213

TABLE 212            INFRASTRUCTURE: RENTAL CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   214

TABLE 213            COMMERCIAL: RENTAL CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   214

TABLE 214            COMMERCIAL: RENTAL CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   215

TABLE 215            RESIDENTIAL: RENTAL CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   216

TABLE 216            RESIDENTIAL: RENTAL CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   216

TABLE 217            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MODELS   218

TABLE 218            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (UNITS)              220

TABLE 219            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (UNITS)              220

TABLE 220            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (USD MILLION)              220

TABLE 221            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (USD MILLION)              221

TABLE 222            ELECTRIC DUMP TRUCKS MARKET, BY REGION, 2020–2023 (UNITS)            221

TABLE 223            ELECTRIC DUMP TRUCKS MARKET, BY REGION, 2024–2030 (UNITS)            222

TABLE 224            ELECTRIC DUMP TRUCKS MARKET, BY REGION, 2020–2023 (USD MILLION)            222

TABLE 225            ELECTRIC DUMP TRUCKS MARKET, BY REGION, 2024–2030 (USD MILLION)            222

TABLE 226            ELECTRIC DOZERS MARKET, BY REGION, 2020–2023 (UNITS)      223

TABLE 227            ELECTRIC DOZERS MARKET, BY REGION, 2024–2030 (UNITS)      223

TABLE 228            ELECTRIC DOZERS MARKET, BY REGION, 2020–2023 (USD MILLION)       223

TABLE 229            ELECTRIC DOZERS MARKET, BY REGION, 2024–2030 (USD MILLION)       223

TABLE 230            ELECTRIC EXCAVATORS MARKET, BY REGION, 2020–2023 (UNITS)            224

TABLE 231            ELECTRIC EXCAVATORS MARKET, BY REGION, 2024–2030 (UNITS)            224

TABLE 232            ELECTRIC EXCAVATORS MARKET, BY REGION, 2020–2023 (USD MILLION)            224

TABLE 233            ELECTRIC EXCAVATORS MARKET, BY REGION, 2024–2030 (USD MILLION)            225

TABLE 234            ELECTRIC MOTOR GRADERS MARKET, BY REGION, 2024–2030 (UNITS)         225

TABLE 235            ELECTRIC MOTOR GRADERS MARKET, BY REGION, 2024–2030 (USD MILLION)          226

TABLE 236            ELECTRIC LOADERS MARKET, BY REGION, 2020–2023 (UNITS)      226

TABLE 237            ELECTRIC LOADERS MARKET, BY REGION, 2024–2030 (UNITS)      226

TABLE 238            ELECTRIC LOADERS MARKET, BY REGION, 2020–2023 (USD MILLION)       227

TABLE 239            ELECTRIC LOADERS MARKET, BY REGION, 2024–2030 (USD MILLION)       227

TABLE 240            ELECTRIC LOAD HAUL DUMP LOADERS MARKET, BY REGION, 2020–2023 (UNITS)               228

TABLE 241            ELECTRIC LOAD HAUL DUMP LOADERS MARKET, BY REGION, 2024–2030 (UNITS)               228

TABLE 242            ELECTRIC LOAD HAUL DUMP LOADERS MARKET, BY REGION,

2020–2023 (USD MILLION)            228

TABLE 243            ELECTRIC LOAD HAUL DUMP LOADERS MARKET, BY REGION,

2024–2030 (USD MILLION)            228

TABLE 244            KEY ELECTRIC AND HYBRID CONSTRUCTION EQUIPMENT MODELS   231

TABLE 245            ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY,

2020–2023 (UNITS)            233

TABLE 246            ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY,

2024–2030 (UNITS)            233

TABLE 247            ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY,

2020–2023 (USD MILLION)            234

TABLE 248            ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY,

2024–2030 (USD MILLION)            234

TABLE 249            LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (UNITS)  235

TABLE 250            LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (UNITS)  235

TABLE 251            LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2020–2023 (USD MILLION)   235

TABLE 252            LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024–2030 (USD MILLION)   235

TABLE 253            LITHIUM NICKEL MANGANESE COBALT: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)            236

TABLE 254            LITHIUM NICKEL MANGANESE COBALT: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)            236

TABLE 255            LITHIUM NICKEL MANGANESE COBALT: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (USD MILLION)            237

TABLE 256            LITHIUM NICKEL MANGANESE COBALT: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (USD MILLION)            237

TABLE 257            OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)                238

TABLE 258            OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)                238

TABLE 259            OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (USD MILLION) 238

TABLE 260            OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (USD MILLION) 238

TABLE 261            AUTONOMOUS CONSTRUCTION EQUIPMENT PRODUCT/SERVICE OFFERINGS

BY KEY OEMS    242

TABLE 262            AI DEVELOPMENTS IN AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET                 243

TABLE 263            AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2030 (UNITS)  244

TABLE 264            AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2021–2030 (USD MILLION)   244

TABLE 265            CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (UNITS)         248

TABLE 266            CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (UNITS)         248

TABLE 267            CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2020–2023 (USD MILLION)          248

TABLE 268            CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024–2030 (USD MILLION)          249

TABLE 269            ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2020–2023 (UNITS)              252

TABLE 270            ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2024–2030 (UNITS)              253

TABLE 271            ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            253

TABLE 272            ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            253

TABLE 273            CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            254

TABLE 274            CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            255

TABLE 275            CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            256

TABLE 276            CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            257

TABLE 277            INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            258

TABLE 278            INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            259

TABLE 279            INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            260

TABLE 280            INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            261

TABLE 281            JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            262

TABLE 282            JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            263

TABLE 283            JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            264

TABLE 284            JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            265

TABLE 285            INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            266

TABLE 286            INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            267

TABLE 287            INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            268

TABLE 288            INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            269

TABLE 289            REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            270

TABLE 290            REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            271

TABLE 291            REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            272

TABLE 292            REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            273

TABLE 293            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020–2023 (UNITS)            277

TABLE 294            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2024–2030 (UNITS)            277

TABLE 295            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            278

TABLE 296            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            278

TABLE 297            GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            279

TABLE 298            GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            280

TABLE 299            GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            281

TABLE 300            GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            282

TABLE 301            UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            283

TABLE 302            UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            284

TABLE 303            UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            285

TABLE 304            UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            286

TABLE 305            FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            287

TABLE 306            FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            288

TABLE 307            FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            289

TABLE 308            FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            290

TABLE 309            ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            291

TABLE 310            ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            292

TABLE 311            ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            293

TABLE 312            ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            294

TABLE 313            SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            295

TABLE 314            SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            296

TABLE 315            SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            297

TABLE 316            SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            298

TABLE 317            REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (UNITS)              299

TABLE 318            REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (UNITS)              300

TABLE 319            REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (USD MILLION)              301

TABLE 320            REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (USD MILLION)              302

TABLE 321            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2020–2023 (UNITS)              306

TABLE 322            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2024–2030 (UNITS)              306

TABLE 323            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               306

TABLE 324            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)               307

TABLE 325            US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            308

TABLE 326            US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            309

TABLE 327            US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            310

TABLE 328            US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            311

TABLE 329            CONSTRUCTION PROJECTS IN CANADA                 312

TABLE 330            CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            312

TABLE 331            CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            313

TABLE 332            CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            314

TABLE 333            CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            315

TABLE 334            MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            316

TABLE 335            MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            317

TABLE 336            MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            318

TABLE 337            MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            319

TABLE 338            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020–2023 (UNITS)            322

TABLE 339            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2024–2030 (UNITS)            322

TABLE 340            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            323

TABLE 341            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2024–2030 (USD MILLION)            323

TABLE 342          QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            324

TABLE 343          QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            325

TABLE 344          QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            326

TABLE 345          QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            327

TABLE 346            SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (UNITS)              328

TABLE 347            SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (UNITS)              329

TABLE 348            SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (USD MILLION)              330

TABLE 349            SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (USD MILLION)              331

TABLE 350            UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            332

TABLE 351            UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            333

TABLE 352            UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            334

TABLE 353            UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            335

TABLE 354            REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (UNITS)              336

TABLE 355            REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (UNITS)              337

TABLE 356            REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (USD MILLION)              338

TABLE 357            REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (USD MILLION)              339

TABLE 358            REST OF THE WORLD: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2020–2023 (UNITS)              342

TABLE 359            REST OF THE WORLD: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2024–2030 (UNITS)              343

TABLE 360            REST OF THE WORLD: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2020–2023 (USD MILLION)               343

TABLE 361            REST OF THE WORLD: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)               343

TABLE 362          RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            344

TABLE 363          RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            345

TABLE 364          RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            346

TABLE 365          RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            347

TABLE 366            SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (UNITS)              348

TABLE 367            SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (UNITS)              349

TABLE 368            SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2020–2023 (USD MILLION)              350

TABLE 369            SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024–2030 (USD MILLION)              351

TABLE 370          BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            352

TABLE 371          BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            353

TABLE 372          BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            354

TABLE 373          BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            355

TABLE 374            OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (UNITS)            356

TABLE 375            OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (UNITS)            357

TABLE 376            OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020–2023 (USD MILLION)            358

TABLE 377            OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024–2030 (USD MILLION)            359

TABLE 378            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024        360

TABLE 379            CONSTRUCTION EQUIPMENT MARKET: DEGREE OF COMPETITION, 2023               362

TABLE 380            CONSTRUCTION EQUIPMENT MARKET: REGION FOOTPRINT, 2024           368

TABLE 381            CONSTRUCTION EQUIPMENT MANUFACTURERS: PROPULSION FOOTPRINT, 2024        369

TABLE 382            CONSTRUCTION EQUIPMENT MANUFACTURERS: APPLICATION FOOTPRINT, 2024       370

TABLE 383            MINI EXCAVATORS (OEMS AND MODELS)                 371

TABLE 384            SKID-STEER LOADERS (OEMS AND MODELS)                 372

TABLE 385            WHEELED LOADERS (OEMS AND MODELS)                 373

TABLE 386            BACKHOE LOADERS (OEMS AND MODELS)                 374

TABLE 387            TELESCOPIC HANDLERS (OEMS AND MODELS)                 375

TABLE 388            COMPACT CONSTRUCTION EQUIPMENT MARKET: REGION FOOTPRINT, 2024       379

TABLE 389            COMPACT CONSTRUCTION EQUIPMENT MARKET: PRODUCT FOOTPRINT, 2024  380

TABLE 390            COMPACT CONSTRUCTION EQUIPMENT MARKET: PROPULSION FOOTPRINT, 2024             381

TABLE 391            CONSTRUCTION EQUIPMENT MARKET: PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS, JANUARY 2021–DECEMBER 2024 384

TABLE 392            CONSTRUCTION EQUIPMENT MARKET: DEALS, JANUARY 2021–DECEMBER 2024 387

TABLE 393            CONSTRUCTION EQUIPMENT MARKET: EXPANSIONS,

JANUARY 2021–DECEMBER 2024 390

TABLE 394            CONSTRUCTION EQUIPMENT MARKET: OTHERS, JANUARY 2021–DECEMBER 2024              393

TABLE 395            CATERPILLAR INC.: COMPANY OVERVIEW                 395

TABLE 396            CATERPILLAR INC.: PRODUCTS OFFERED                 396

TABLE 397            CATERPILLAR INC.: PRODUCT LAUNCHES/ENHANCEMENTS    397

TABLE 398            CATERPILLAR INC.: DEALS          402

TABLE 399            CATERPILLAR INC.: EXPANSIONS             404

TABLE 400            KOMATSU LTD.: COMPANY OVERVIEW 405

TABLE 401            KOMATSU LTD.: PRODUCTS OFFERED 406

TABLE 402            KOMATSU LTD.: PRODUCT LAUNCHES/DEVELOPMENTS    407

TABLE 403            KOMATSU LTD.: DEALS 408

TABLE 404            KOMATSU LTD.: EXPANSIONS   409

TABLE 405            DEERE & COMPANY: COMPANY OVERVIEW                 411

TABLE 406            DEERE & COMPANY: PRODUCTS OFFERED                 412

TABLE 407            DEERE & COMPANY: PRODUCT LAUNCHES/ENHANCEMENTS    413

TABLE 408            DEERE & COMPANY: DEALS        416

TABLE 409            DEERE & COMPANY: EXPANSIONS           416

TABLE 410            SANY GROUP: COMPANY OVERVIEW      418

TABLE 411            SANY GROUP: PRODUCTS OFFERED       419

TABLE 412            SANY GROUP: PRODUCT LAUNCHES/DEVELOPMENTS    420

TABLE 413            SANY GROUP: DEALS     421

TABLE 414            SANY GROUP: EXPANSIONS        421

TABLE 415            SANY GROUP: OTHERS  422

TABLE 416            XCMG GROUP: COMPANY OVERVIEW    423

TABLE 417            XCMG GROUP: PRODUCTS OFFERED     424

TABLE 418            XCMG GROUP: PRODUCT LAUNCHES    424

TABLE 419            XCMG GROUP: DEALS   426

TABLE 420            XCMG GROUP: EXPANSIONS      426

TABLE 421            HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       428

TABLE 422            HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED        430

TABLE 423            HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT LAUNCHES       430

TABLE 424            HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS       431

TABLE 425            HITACHI CONSTRUCTION MACHINERY CO., LTD.: EXPANSIONS          432

TABLE 426            AB VOLVO: COMPANY OVERVIEW           433

TABLE 427            AB VOLVO: PRODUCTS OFFERED            434

TABLE 428            AB VOLVO: PRODUCT LAUNCHES            435

TABLE 429            AB VOLVO: DEALS           436

TABLE 430            AB VOLVO: EXPANSIONS              437

TABLE 431            AB VOLVO: OTHERS       437

TABLE 432            CNH INDUSTRIAL N.V.: COMPANY OVERVIEW                 438

TABLE 433            CNH INDUSTRIAL N.V.: PRODUCTS OFFERED                 439

TABLE 434            CNH INDUSTRIAL N.V.: PRODUCT LAUNCHES                 440

TABLE 435            CNH INDUSTRIAL N.V.: DEALS   441

TABLE 436            CNH INDUSTRIAL N.V.: OTHERS                441

TABLE 437            LIEBHERR: COMPANY OVERVIEW             442

TABLE 438            LIEBHERR: PRODUCTS OFFERED              443

TABLE 439            LIEBHERR: PRODUCT LAUNCHES/DEVELOPMENTS    444

TABLE 440            LIEBHERR: DEALS            446

TABLE 441            LIEBHERR: OTHERS        447

TABLE 442            J C BAMFORD EXCAVATORS LTD.: COMPANY OVERVIEW          448

TABLE 443            J C BAMFORD EXCAVATORS LTD.: PRODUCTS OFFERED             448

TABLE 444            J C BAMFORD EXCAVATORS LTD.: PRODUCT LAUNCHES          449

TABLE 445            J C BAMFORD EXCAVATORS LTD.: DEALS                 450

TABLE 446            J C BAMFORD EXCAVATORS LTD.: EXPANSIONS                 450

TABLE 447            J C BAMFORD EXCAVATORS LTD.: OTHERS                 450

TABLE 448            DOOSAN ENERBILITY: COMPANY OVERVIEW                 451

TABLE 449            DOOSAN ENERBILITY: PRODUCTS OFFERED                 452

TABLE 450            DOOSAN ENERBILITY: DEALS    452

TABLE 451            TEREX CORPORATION: COMPANY OVERVIEW                 453

TABLE 452            TEREX CORPORATION: PRODUCTS OFFERED                 455

TABLE 453            TEREX CORPORATION: OTHERS               455

TABLE 454            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

COMPANY OVERVIEW   456

TABLE 455            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

PRODUCTS OFFERED    457

TABLE 456            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       458

TABLE 457            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED        458

TABLE 458            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: DEALS       459

TABLE 459            KOBELCO CONSTRUCTION MACHINERY CO., LTD.: EXPANSIONS          459

TABLE 460            KOBELCO CONSTRUCTION MACHINERY CO., LTD: OTHERS    459

TABLE 461            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY OVERVIEW              460

TABLE 462            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: PRODUCTS OFFERED               461

TABLE 463            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: PRODUCT LAUNCHES              461

TABLE 464            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: EXPANSIONS 462

TABLE 465            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD: OTHERS           462

TABLE 466            KUBOTA CORPORATION: COMPANY OVERVIEW                 463

TABLE 467            KUBOTA CORPORATION: PRODUCTS OFFERED                 464

TABLE 468            KUBOTA CORPORATION: PRODUCT LAUNCHES                 465

TABLE 469            KUBOTA CORPORATION: EXPANSIONS 465

TABLE 470            YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW          467

TABLE 471            YANMAR HOLDINGS CO., LTD.: PRODUCTS OFFERED             468

TABLE 472            YANMAR HOLDINGS CO., LTD.: PRODUCT LAUNCHES          468

TABLE 473            YANMAR HOLDINGS CO., LTD.: DEALS  468

TABLE 474            YANMAR HOLDINGS CO., LTD.: EXPANSIONS                 469

TABLE 475            YANMAR HOLDINGS CO., LTD.: OTHERS                 469

TABLE 476            SUMITOMO CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       470

TABLE 477            SUMITOMO CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS OFFERED        470

TABLE 478            SANDVIK: COMPANY OVERVIEW               471

TABLE 479            THE MANITOWOC COMPANY, INC.: COMPANY OVERVIEW          472

TABLE 480            ASTEC INDUSTRIES, INC.: COMPANY OVERVIEW                 473

TABLE 481            WACKER NEUSON SE: COMPANY OVERVIEW                 474

TABLE 482            ESCORTS KUBOTA LIMITED.: COMPANY OVERVIEW          475

TABLE 483            AMMANN GROUP: COMPANY OVERVIEW                 476

TABLE 484            LIUGONG MACHINERY CO., LTD.: COMPANY OVERVIEW          477

TABLE 485            MANITOU GROUP: COMPANY OVERVIEW                 478

TABLE 486            SHANTUI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW       479

TABLE 487            DINGSHENG TIANGONG CONSTRUCTION MACHINERY CO., LTD.:

COMPANY OVERVIEW   480

LIST OF FIGURES

FIGURE 1              CONSTRUCTION EQUIPMENT MARKET SEGMENTATION              40

FIGURE 2              RESEARCH DESIGN         44

FIGURE 3              RESEARCH METHODOLOGY MODEL      45

FIGURE 4              BREAKDOWN OF PRIMARY INTERVIEWS                 47

FIGURE 5              RESEARCH METHODOLOGY: HYPOTHESIS BUILDING           49

FIGURE 6              BOTTOM-UP APPROACH FOR EQUIPMENT TYPE, EQUIPMENT CATEGORY,

AND COUNTRY-LEVEL AND REGIONAL SEGMENTS         50

FIGURE 7              TOP-DOWN APPROACH FOR APPLICATION, PROPULSION, POWER OUTPUT,

AND ENGINE CAPACITY SEGMENTS       51

FIGURE 8              DATA TRIANGULATION                52

FIGURE 9              FACTORS INFLUENCING MARKET            53

FIGURE 10            DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS            53

FIGURE 11            CONSTRUCTION EQUIPMENT MARKET OVERVIEW          57

FIGURE 12            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2024 VS. 2030                58

FIGURE 13            RISING COMMERCIAL AND INFRASTRUCTURE DEVELOPMENTS TO DRIVE MARKET     61

FIGURE 14            CRAWLER EXCAVATORS TO BE LARGEST SEGMENT DURING FORECAST PERIOD 62

FIGURE 15            INFRASTRUCTURE SEGMENT TO HAVE FASTEST GROWTH DURING

FORECAST PERIOD         63

FIGURE 16            COMMERCIAL SEGMENT TO HOLD LARGEST MARKET SHARE IN RENTAL CONSTRUCTION EQUIPMENT MARKET DURING FORECAST PERIOD    63

FIGURE 17            EARTHMOVING EQUIPMENT TO HAVE FASTEST GROWTH DURING

FORECAST PERIOD         64

FIGURE 18            SELECTIVE CATALYST REDUCTION (SCR) SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD         64

FIGURE 19            DIESEL SEGMENT TO HAVE LARGER MARKET SHARE THAN CNG/LNG/RNG SEGMENT BY 2030                65

FIGURE 20            101-200 HP TO BE LARGEST SEGMENT DURING FORECAST PERIOD         65

FIGURE 21            AMERICAS TO BE LARGEST MARKET FOR AUTONOMOUS CONSTRUCTION EQUIPMENT  66

FIGURE 22            <5 L TO BE LARGEST SEGMENT DURING FORECAST PERIOD         66

FIGURE 23            LITHIUM IRON PHOSPHATE TO BE LARGEST SEGMENT DURING FORECAST PERIOD 67

FIGURE 24            ELECTRIC DUMP TRUCKS TO BE LARGEST SEGMENT OF ELECTRIC

& HYBRID CONSTRUCTION EQUIPMENT MARKET           67

FIGURE 25            ASIA LEADS CONSTRUCTION EQUIPMENT MARKET               68

FIGURE 26            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CONSTRUCTION EQUIPMENT MARKET                 70

FIGURE 27            INVESTMENT AND FUNDING SCENARIO, 2020–2024 (USD BILLION)        81

FIGURE 28            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   82

FIGURE 29            AVERAGE SELLING PRICE OF CONSTRUCTION EQUIPMENT,

BY EQUIPMENT TYPE, 2021 VS. 2022 VS. 2023        84

FIGURE 30            AVERAGE SELLING PRICE OF CONSTRUCTION EQUIPMENT,

BY REGION, 2021 VS. 2022 VS. 2023             85

FIGURE 31            OFF-HIGHWAY VEHICLE MARKET ECOSYSTEM                 86

FIGURE 32            CONSTRUCTION EQUIPMENT MARKET ECOSYSTEM       87

FIGURE 33            SUPPLY CHAIN ANALYSIS             89

FIGURE 34            PATENT ANALYSIS          91

FIGURE 35            OFF-HIGHWAY MACHINERY REGULATIONS OUTLOOK, 2019 – 2030    106

FIGURE 36            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY PROPULSION          111

FIGURE 37            KEY BUYING CRITERIA FOR TOP CONSTRUCTION EQUIPMENT, BY PROPULSION               112

FIGURE 38            ELECTRIC EXCAVATORS, BATTERY CAPACITY VS. OEMS             113

FIGURE 39            ELECTRIC EXCAVATORS, POWER OUTPUT VS. OEMS    113

FIGURE 40            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2024 VS. 2030 (USD MILLION)      115

FIGURE 41            CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2024 VS. 2030 (USD MILLION)      153

FIGURE 42            CONSTRUCTION EQUIPMENT MARKET, BY AFTER-TREATMENT DEVICE,

2024–2030 (USD MILLION)            163

FIGURE 43            CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            173

FIGURE 44            CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,

2024 VS. 2030 (USD MILLION)      179

FIGURE 45            CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2024 VS. 2030 (USD MILLION)      187

FIGURE 46            CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION,

2024–2030 (USD MILLION)            197

FIGURE 47            CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION,

2024–2030 (USD MILLION)            212

FIGURE 48            ELECTRIC & HYBRID CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2024 VS. 2030 (USD MILLION)        219

FIGURE 49            ELECTRIC CONSTRUCTION EQUIPMENT MARKET,

BY BATTERY CHEMISTRY, 2024 VS. 2030 (USD MILLION) 233

FIGURE 50            AUTONOMOUS CONSTRUCTION EQUIPMENT MARKET,

BY REGION, 2024 VS. 2030 (USD MILLION)             244

FIGURE 51            CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)   247

FIGURE 52            ASIA: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025              250

FIGURE 53            ASIA: GDP PER CAPITA, BY COUNTRY, 2023–2025                 250

FIGURE 54            ASIA: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2023–2025                251

FIGURE 55            ASIA: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, 2023  251

FIGURE 56            ASIA: CONSTRUCTION EQUIPMENT MARKET SNAPSHOT          252

FIGURE 57            EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025      275

FIGURE 58            EUROPE: GDP PER CAPITA, BY COUNTRY, 2023–2025        275

FIGURE 59            EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2023–2025                275

FIGURE 60            EUROPE: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, 2023  276

FIGURE 61            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2024 VS. 2030 (USD MILLION)      277

FIGURE 62            NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025                303

FIGURE 63            NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2023–2025      304

FIGURE 64            NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2023–2025      304

FIGURE 65            NORTH AMERICA: MANUFACTURING INDUSTRY CONTRIBUTION TO GDP, 2023            304

FIGURE 66            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET SNAPSHOT            305

FIGURE 67            MIDDLE EAST: REAL GDP ANNUAL PERCENTAGE CHANGE 320

FIGURE 68            MIDDLE EAST: GDP PER CAPITA, 2023–2025                 321

FIGURE 69            MIDDLE EAST: AVERAGE CPI INFLATION RATE, 2023–2025              321

FIGURE 70            MIDDLE EAST: MANUFACTURING INDUSTRY VALUE (AS PART OF GDP), 2023 321

FIGURE 71            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2024 VS. 2030 (USD MILLION)        322

FIGURE 72            REST OF THE WORLD: REAL GDP ANNUAL PERCENTAGE CHANGE, 2023–2025            340

FIGURE 73            REST OF THE WORLD: GDP PER CAPITA, 2023–2025        341

FIGURE 74            REST OF THE WORLD: AVERAGE CPI INFLATION RATE, 2023–2025                 341

FIGURE 75            REST OF THE WORLD: MANUFACTURING INDUSTRY VALUE

(AS PART OF GDP), 2023                341

FIGURE 76            REST OF THE WORLD: CONSTRUCTION EQUIPMENT MARKET,

BY COUNTRY, 2024 VS. 2030 (USD MILLION)        342

FIGURE 77            MARKET SHARE OF KEY PLAYERS, 2023  362

FIGURE 78            REVENUE ANALYSIS OF TOP 5 PLAYERS, 2019–2023        364

FIGURE 79            COMPANY EVALUATION MATRIX (CONSTRUCTION EQUIPMENT

MANUFACTURERS), 2024               366

FIGURE 80            CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, 2024               367

FIGURE 81            COMPACT CONSTRUCTION EQUIPMENT MARKET: COMPANY EVALUATION

MATRIX, 2024     377

FIGURE 82            COMPACT CONSTRUCTION EQUIPMENT MANUFACTURERS:

COMPANY FOOTPRINT, 2024      378

FIGURE 83            CONSTRUCTION EQUIPMENT MARKET: COMPANY VALUATION 382

FIGURE 84            CONSTRUCTION EQUIPMENT MARKET: FINANCIAL METRICS      382

FIGURE 85            BRAND/PRODUCT COMPARISON             383

FIGURE 86            CATERPILLAR INC.: COMPANY SNAPSHOT                 396

FIGURE 87            KOMATSU LTD.: COMPANY SNAPSHOT 406

FIGURE 88            DEERE & COMPANY: COMPANY SNAPSHOT                 412

FIGURE 89            SANY GROUP: COMPANY SNAPSHOT      419

FIGURE 90            XCMG GROUP: COMPANY SNAPSHOT    423

FIGURE 91            HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT       429

FIGURE 92            AB VOLVO: COMPANY SNAPSHOT           434

FIGURE 93            CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT                 439

FIGURE 94            LIEBHERR: COMPANY SNAPSHOT            443

FIGURE 95            DOOSAN ENERBILITY: COMPANY SNAPSHOT                 451

FIGURE 96            TEREX CORPORATION: COMPANY SNAPSHOT                 454

FIGURE 97            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

COMPANY SNAPSHOT   456

FIGURE 98            HD HYUNDAI CONSTRUCTION EQUIPMENT CO., LTD.: COMPANY SNAPSHOT              460

FIGURE 99            KUBOTA CORPORATION: COMPANY SNAPSHOT          464

FIGURE 100          YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT          467