Building And Road Construction Equipment Market Share Report 2025


 How Is The Building And Road Construction Equipment Market Size Forecasted To Progress From 2026 To 2030?

The building and road construction equipment market size has grown strongly in recent years. It will grow from $218.94 billion in 2025 to $238.92 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to infrastructure development programs, urbanization growth, road network expansion, public construction spending, housing development projects.

The building and road construction equipment market size is expected to see strong growth in the next few years. It will grow to $338.45 billion in 2030 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to smart infrastructure investments, green construction initiatives, adoption of autonomous machinery, expansion of transport corridors, demand for sustainable construction practices. Major trends in the forecast period include adoption of autonomous construction equipment, growth of electric construction machinery, integration of telematics and fleet monitoring, expansion of rental equipment models, focus on fuel efficient heavy equipment.

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What Significant Demand Drivers Are Anticipated To Influence The Building And Road Construction Equipment Market Over The Coming Years?
An increase in construction activities is expected to propel the growth of the building and road construction equipment market going forward. Construction refers to the activity of putting together various elements to create a structure for a specific location using a detailed design and plan. Building and road construction equipment benefit from construction activities as they guarantee timely project completion, boost brand value, produce quality work, reduce costs, allow for numerous duties, assure safety, and facilitate technological developments. For instance, in July 2024, according to the US Census Bureau, a US-based government agency, the value of construction operations rose from $2.01 trillion in May 2023 to $2.14 trillion in May 2024.Therefore, the increase in construction activities is driving the growth of the building and road construction equipment market.

What Segment Divisions Provide The Most Valuable Insights Into The Building And Road Construction Equipment Market?
The building and road construction equipment market covered in this report is segmented –

1) By Product Type: Motor Graders, Road Roller, Wheel Loaders, Concrete Mixer, Bulldozers, Other Product Types
2) By Equipment Category: Earthmoving Equipment, Heavy Construction Vehicles
3) By Application: Building Construction, Road Construction

Subsegments:
1) By Motor Graders: Crawler Graders, Wheeled Graders
2) By Road Roller: Single Drum Rollers, Double Drum Rollers, Pneumatic Rollers
3) By Wheel Loaders: Small Wheel Loaders, Medium Wheel Loaders, Large Wheel Loaders
4) By Concrete Mixer: Drum Mixers, Pan Mixers, Twin-Shaft Mixers, Volumetric Mixers
5) By Bulldozers: Crawler Bulldozers, Wheel Bulldozers
6) By Other Product Types: Backhoe Loaders, Excavators, Skid Steer Loaders, Dump Trucks, Asphalt Pavers

Which Rising Trends Are Anticipated To Influence The Future Trajectory Of The Building And Road Construction Equipment Market?
Major companies operating in the building and road construction equipment market are focusing on developing innovative solutions, such as construction excavators and forklifts, to enhance productivity and efficiency on job sites. Construction excavators and forklifts refer to heavy machinery used for earthmoving, material handling, and lifting tasks on construction sites, with excavators focusing on digging and demolition, while forklifts handle the transportation and stacking of materials. For instance, in October 2023, HD Hyundai Construction Equipment, a South Korea-based provider of highest-quality equipment, launched a new lineup of products, including excavators, wheel loaders, and electric forklifts, at their factory in Chakan, Pune. The excavator range features the SMART Plus Series with three models (8-ton, 14-ton, and 15-ton) for infrastructure applications and the 50-ton HX520L for heavy-duty mining. Additionally, two wheel loader models (3 tons and 5 tons) and electric forklifts (2.5 tons and 3.0 tons) were introduced to enhance material handling efficiency.

Who Are The Key Companies Actively Operating Within The Building And Road Construction Equipment Market?
Major companies operating in the building and road construction equipment market are Volvo Group, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Limited (JCB), Terex Corporation, Deere and Company, Sany Heavy Industry Co. Ltd., Wacker Neuson SE, CNH Industrial NV, Xuzhou Construction Machinery Group Co. Ltd. (XCMG), Zoomlion Heavy Industry Science and Technology Co. Ltd., Doosan Infracore Co. Ltd., Hyundai Heavy Industries Co. Ltd., Wirtgen Group, Kobelco Construction Machinery Co. Ltd., Bell Equipment Ltd., Case Construction Equipment, FAYAT Group, Gomaco Corporation Inc., HAMM AG, Kubota Corporation, LiuGong Machinery Corp. Ltd., Manitou Group, Putzmeister Holding GmbH, Sennebogen Maschinenfabrik GmbH, Tadano Ltd., Takeuchi Mfg. Co. Ltd.

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Which Regions Are Projected To Advance The Fastest Over The Forecast Horizon In The Building And Road Construction Equipment Market?
Asia-Pacific was the largest region in the building and road construction equipment market in 2025. Western Europe was the second-largest region in the building and road construction equipment market. The regions covered in the building and road construction equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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