{"id":844391,"date":"2026-10-27T22:38:02","date_gmt":"2026-10-27T22:38:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=844391"},"modified":"2026-10-27T22:38:02","modified_gmt":"2026-10-27T22:38:02","slug":"construction-equipment-market-size-to-reach-usd-298-billion-by-2032-driven-by-infrastructure-development-and-equipment-modernization-mordor-intelligence","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/construction-equipment-market-size-to-reach-usd-298-billion-by-2032-driven-by-infrastructure-development-and-equipment-modernization-mordor-intelligence_844391.html","title":{"rendered":"Construction Equipment Market Size to Reach USD 298 Billion by 2032, Driven by Infrastructure Development and Equipment Modernization &#8211; Mordor Intelligence"},"content":{"rendered":"<div style=\"float:right; width:250px; padding:8px 10px 10px 10px;\">\n<div><a href=\"https:\/\/www.abnewswire.com\/upload\/2026\/10\/1793086181.jpg\" style=\"border:none !important;\" target=\"_blank\" rel=\"nofollow\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-29\" title=\"Construction Equipment Market Size to Reach USD 298 Billion by 2032, Driven by Infrastructure Development and Equipment Modernization - Mordor Intelligence\" src=\"https:\/\/www.abnewswire.com\/upload\/2026\/10\/1793086181.jpg\" alt=\"Construction Equipment Market Size to Reach USD 298 Billion by 2032, Driven by Infrastructure Development and Equipment Modernization - Mordor Intelligence\" width=\"225\" height=\"126\" style=\"padding:0px 0px 10px 10px; border:0 solid !important;\" \/><\/a><\/div>\n<div class=\"quotes\">\n<div>Construction Equipment Market<\/div>\n<\/div>\n<\/div>\n<div style=\"font-style:italic; padding:8px 0px;\">Mordor Intelligence has published a new report on the Construction Equipment Market offering a comprehensive analysis of trends, growth drivers, and future projections.<\/div>\n<p style=\"text-align: justify;\"><strong>Hyderabad &ndash; Oct 27th, 2026 &#8211;<\/strong> The construction equipment market is estimated at USD 219 billion in 2027 and is projected to reach USD 298 billion by 2032, registering a CAGR of 6.35% during the forecast period. Market growth is supported by infrastructure development, construction activity, and demand for equipment that improves productivity across building and civil engineering projects.<\/p>\n<p style=\"text-align: justify;\">Demand for construction equipment is linked to investments in roads, bridges, residential and commercial buildings, and other infrastructure projects. Contractors and equipment operators require machinery for earthmoving, material handling, lifting, and site preparation, supporting demand across multiple equipment categories.<\/p>\n<p style=\"text-align: justify;\">Equipment replacement, automation, and the growing focus on operational efficiency also influence purchasing decisions. Buyers assess equipment performance, fuel consumption, maintenance requirements, and suitability for different job sites when selecting machinery for construction projects.<\/p>\n<p style=\"text-align: justify;\">Get more info: <a rel=\"nofollow\" class=\"Hyperlink SCXW27607898 BCX8\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/construction-equipment-market?utm_source=abnewswire\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.mordorintelligence.com\/industry-reports\/construction-equipment-market?utm_source=abnewswire<\/a><\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Key Trends Shaping the Construction Equipment Market <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Infrastructure Development and Urbanization <\/strong><\/p>\n<p style=\"text-align: justify;\">Infrastructure investments support demand for excavators, loaders, cranes, and other construction machinery. Road construction, urban development, and public infrastructure projects require equipment for excavation, transportation, lifting, and material movement.<\/p>\n<p style=\"text-align: justify;\"><strong>Demand for Fuel-Efficient Equipment <\/strong><\/p>\n<p style=\"text-align: justify;\">Operating costs remain an important consideration for construction companies. Equipment buyers evaluate fuel efficiency, maintenance needs, and productivity when choosing machinery, encouraging manufacturers to improve equipment performance and operating efficiency.<\/p>\n<p style=\"text-align: justify;\"><strong>Automation and Digital Technologies <\/strong><\/p>\n<p style=\"text-align: justify;\">Construction equipment increasingly incorporates digital monitoring, telematics, and automation features. These technologies can help operators track equipment usage, monitor machine conditions, and plan maintenance, supporting fleet management and reducing avoidable downtime.<\/p>\n<p style=\"text-align: justify;\"><strong>Electrification of Construction Machinery <\/strong><\/p>\n<p style=\"text-align: justify;\">Electric construction equipment is gaining attention for applications where lower operating noise and reduced on-site emissions are priorities. Adoption depends on factors such as equipment cost, battery performance, charging availability, and the operating requirements of construction sites.<\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Construction Equipment Market Segmentation Analysis <\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>By Equipment Type <\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Earthmoving Equipment<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Material Handling Equipment<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Heavy Construction Vehicles<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Other Equipment Types<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>By Propulsion Type <\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Internal Combustion Engine<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Electric and Hybrid Equipment<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>By Application <\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Residential Construction<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Commercial Construction<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Infrastructure<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Mining and Other Applications<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>By Geography <\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>North America<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Europe<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Asia-Pacific<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>South America<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Middle East and Africa<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\">Read this Report in Japanese version: <a rel=\"nofollow\" class=\"Hyperlink SCXW27607898 BCX8\" href=\"https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/construction-equipment-market?utm_source=abnewswire\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.mordorintelligence.com\/ja\/industry-reports\/construction-equipment-market?utm_source=abnewswire<\/a><\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Construction Equipment Market Key Players and Competitive Landscape <\/strong><\/p>\n<p style=\"text-align: justify;\">The construction equipment market includes established manufacturers that compete through equipment portfolios, product performance, distribution networks, service support, and investments in new technologies. Competition also reflects customer requirements for reliable machinery, manageable operating costs, and equipment suited to different construction applications.<\/p>\n<p style=\"text-align: justify;\">Key players include:<\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Caterpillar Inc.<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Komatsu Ltd.<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Volvo Construction Equipment<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Hitachi Construction Machinery Co., Ltd.<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Deere &amp; Company<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>XCMG Group<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>SANY Group<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>Liebherr Group<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>JCB<\/p>\n<\/li>\n<\/ul>\n<ul style=\"text-align: justify;\">\n<li>\n<p>CNH Industrial N.V.<\/p>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Conclusion <\/strong><\/p>\n<p style=\"text-align: justify;\">The <a rel=\"nofollow\" class=\"Hyperlink SCXW27607898 BCX8\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/construction-equipment-market?utm_source=abnewswire\" rel=\"noreferrer noopener\" target=\"_blank\">construction equipment market<\/a> is projected to grow from USD 219 billion in 2027 to USD 298 billion by 2032, at a CAGR of 6.35%. Infrastructure investment, urban development, and demand for productive machinery are expected to support market demand over the forecast period.<\/p>\n<p style=\"text-align: justify;\">However, equipment costs, fuel expenses, maintenance requirements, and fluctuations in construction activity can influence purchasing decisions. Manufacturers must also address changing customer expectations around efficiency, digital capabilities, and lower-emission equipment.<\/p>\n<p style=\"text-align: justify;\">Overall, the market outlook reflects continued demand for construction machinery across infrastructure, residential, and commercial projects. Equipment reliability, operating efficiency, and suitability for specific applications are likely to remain important considerations for buyers.<\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Industry Related Reports <\/strong><\/p>\n<p style=\"text-align: justify;\"><a rel=\"nofollow\" class=\"Hyperlink SCXW27607898 BCX8\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/used-construction-equipment-market?utm_source=abnewswire\" rel=\"noreferrer noopener\" target=\"_blank\">Used Construction Equipment Market:<\/a> The Used Construction Equipment Market is projected to grow from USD 132.67 billion in 2026 to USD 174.28 billion by 2031, registering a CAGR of 5.63% during the forecast period. The market&rsquo;s growth is driven by increasing demand for cost-effective machinery, rising construction and infrastructure development activities, growing preference for pre-owned equipment among small and medium-sized contractors, and the need to reduce capital expenditure on heavy machinery.<\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>Digital Shipyard Market:<\/strong> The Digital Shipyard Market is projected to grow from USD 2.06 billion in 2025 to USD 4.70 billion by 2030, registering a CAGR of 17.94% during the forecast period. The market&rsquo;s growth is driven by increasing adoption of digital technologies in shipbuilding, rising demand for efficient vessel design and maintenance processes, growing use of digital twins and automation, and investments in modernizing shipyard operations to improve productivity and reduce costs.<\/p>\n<p style=\"text-align: justify;\">Get More insights: <a rel=\"nofollow\" class=\"Hyperlink SCXW27607898 BCX8\" href=\"https:\/\/www.mordorintelligence.com\/industry-reports\/digital-shipyard-market?utm_source=abnewswire\" rel=\"noreferrer noopener\" target=\"_blank\">https:\/\/www.mordorintelligence.com\/industry-reports\/digital-shipyard-market?utm_source=abnewswire<\/a><\/p>\n<p style=\"text-align: justify;\">&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong>About Mordor Intelligence <\/strong><\/p>\n<p style=\"text-align: justify;\">Mordor Intelligence is a global market intelligence firm, founded in 2014, helping businesses make informed decisions through data-driven insights, industry expertise, and advanced analytics. With 550+ domain experts and on-ground specialists across 150+ countries, the company delivers comprehensive intelligence across aerospace &amp; defense, agriculture, automation, automotive, chemicals &amp; materials, consumer goods &amp; services, electronics, energy &amp; power, financial services, food &amp; beverages, healthcare, hospitality &amp; tourism, information &amp; communications technology, and logistics.<\/p>\n<p style=\"text-align: justify;\">Its offerings include syndicated industry reports, custom research and advisory, and subscription platforms such as Synapse. Mordor Intelligence is ISO 9001:2015 and ISO\/IEC 27001:2022 certified, a member of ESOMAR and the Market Research Society of India, and a four-time Great Place to Work&reg; honoree. Learn more at mordorintelligence.com or reach to media@mordorintelligence.com<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/mordorintelligence.com_78198.html\" rel=\"nofollow\">Mordor Intelligence Private Limited<\/a><br \/><strong>Contact Person:<\/strong> Jignesh Thakkar<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=construction-equipment-market-size-to-reach-usd-298-billion-by-2032-driven-by-infrastructure-development-and-equipment-modernization-mordor-intelligence\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> +1 617-765-2493<br \/><strong>Address:<\/strong>11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli  <br \/><strong>City:<\/strong> Hyderabad<br \/><strong>State:<\/strong> Telangana 500008<br \/><strong>Country:<\/strong> India<br \/><strong>Website:<\/strong> <a href=\"https:\/\/www.mordorintelligence.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.mordorintelligence.com\/<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=construction-equipment-market-size-to-reach-usd-298-billion-by-2032-driven-by-infrastructure-development-and-equipment-modernization-mordor-intelligence\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction Equipment Market Mordor Intelligence has published a new report on the Construction Equipment Market offering a comprehensive analysis of trends, growth drivers, and future projections. Hyderabad &ndash; Oct 27th, 2026 &#8211; The construction equipment market is estimated at USD &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/construction-equipment-market-size-to-reach-usd-298-billion-by-2032-driven-by-infrastructure-development-and-equipment-modernization-mordor-intelligence_844391.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[407],"tags":[],"class_list":["post-844391","post","type-post","status-publish","format-standard","hentry","category-Automotive"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/844391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=844391"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/844391\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=844391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=844391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=844391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}