Mexico Construction Equipment Market Size & Outlook

The construction equipment market in Mexico is expected to reach a projected revenue of US$ 2,613.2 million by 2030. A compound annual growth rate of 2.3% is expected of Mexico construction equipment market from 2023 to 2030.
Revenue, 2022 (US$M)
$2,173.8
Forecast, 2030 (US$M)
$2,613.2
CAGR, 2023 - 2030
2.3%
Report Coverage
Mexico

Mexico construction equipment market highlights

  • The Mexico construction equipment market generated a revenue of USD 2,173.8 million in 2022 and is expected to reach USD 2,613.2 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 2.3% from 2023 to 2030.
  • In terms of segment, earth moving machinery was the largest revenue generating product in 2022.
  • Concrete and Road Construction Machinery is the most lucrative product segment registering the fastest growth during the forecast period.

Construction equipment market data book summary

Market revenue in 2022USD 2,173.8 million
Market revenue in 2030USD 2,613.2 million
Growth rate2.3% (CAGR from 2022 to 2030)
Largest segmentEarth moving machinery
Fastest growing segmentConcrete and Road Construction Machinery
Historical data2016 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEarth Moving Machinery, Material Handling Machinery, Concrete and Road Construction Machinery
Key market players worldwideCaterpillar 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, Mexico accounted for 1.8% 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 Latin America, Brazil construction equipment market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 6,248.6 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Construction Equipment Market Scope

Construction equipment market segmentation & scope
Excavator
Loader
Others
Crawler Crane
Trailer Mounted Crane
Truck Mounted Crane
Concrete Mixer & Paver
Construction Pumps
Others

Construction Equipment Market Companies

Name Profile # Employees HQ Website

Mexico 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 60.03% in 2022. Horizon Databook has segmented the Mexico 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.


  • Mexico 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

Reasons to subscribe to Mexico construction equipment market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Mexico construction equipment market databook

  • Our clientele includes a mix of construction equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico construction equipment market , including forecasts for subscribers. This country databook contains high-level insights into Mexico construction equipment market from 2016 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Mexico construction equipment market size, by product, 2016-2030 (US$M)

Mexico Construction Equipment Market Outlook Share, 2022 & 2030 (US$M)

Mexico construction equipment market size, by product, 2016-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more