Canada Construction Equipment Market Size & Outlook
Canada construction equipment market, 2016-2030 (US$M)
Related Markets
Canada construction equipment market highlights
- The Canada construction equipment market generated a revenue of USD 3,071.5 million in 2022 and is expected to reach USD 4,026.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.4% from 2023 to 2030.
- In terms of segment, earth moving machinery was the largest revenue generating product in 2022.
- Material Handling Machinery is the most lucrative product segment registering the fastest growth during the forecast period.
Construction equipment market data book summary
| Market revenue in 2022 | USD 3,071.5 million |
| Market revenue in 2030 | USD 4,026.5 million |
| Growth rate | 3.4% (CAGR from 2022 to 2030) |
| Largest segment | Earth moving machinery |
| Fastest growing segment | Material Handling Machinery |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Earth Moving Machinery, Material Handling Machinery, Concrete and Road Construction Machinery |
| Key market players worldwide | Caterpillar Inc, CNH Industrial NV, Deere & Co, Doosan Heavy Industries & Construction, Kubota Corp, Hitachi Ltd, Hyundai Motor Co, Komatsu Ltd, Liebherr Group, Manitou BF SA, Sany Heavy Equipment International Holdings Co Ltd, Terex Corp, Volvo AB ADR, Wacker Neuson SE, Zoomlion Heavy Industry Science and Technology Co Ltd ADR, JCB, XCMG, XCMG Group |
Other key industry trends
- In terms of revenue, Canada accounted for 2.6% of the global construction equipment market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. construction equipment market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,026.5 million by 2030.
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Construction Equipment Market Scope
Construction Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada construction equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to construction equipment market will help companies and investors design strategic landscapes.
Earth moving machinery was the largest segment with a revenue share of 69.27% in 2022. Horizon Databook has segmented the Canada construction equipment market based on earth moving machinery, material handling machinery, concrete and road construction machinery covering the revenue growth of each sub-segment from 2016 to 2030.
- Canada Construction Equipment Product Outlook (Revenue, USD Million, 2016-2030)
- Earth Moving Machinery
- Excavator
- Loader
- Others
- Material Handling Machinery
- Crawler Crane
- Trailer Mounted Crane
- Truck Mounted Crane
- Concrete and Road Construction Machinery
- Concrete Mixer & Paver
- Construction Pumps
- Others
- Earth Moving Machinery
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Target buyers of Canada construction equipment market databook
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Our clientele includes a mix of construction equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada construction equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada construction equipment market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Canada construction equipment market size, by product, 2016-2030 (US$M)
Canada Construction Equipment Market Outlook Share, 2022 & 2030 (US$M)
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