North America Construction Equipment Market Size & Outlook
North America construction equipment market, 2016-2030 (US$M)
Related Markets
North America construction equipment market highlights
- The North America construction equipment market generated a revenue of USD 20,714.4 million in 2022.
- The market is expected to grow at a CAGR of 3.3% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 20,714.4 million |
| Market revenue in 2030 | USD 26,757.8 million |
| Growth rate | 3.3% (CAGR from 2022 to 2030) |
| Largest segment | Earth moving machinery |
| Fastest growing segment | Concrete and Road Construction Machinery |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 17.4% of the global construction equipment market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 80,248.8 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 62.26% in 2022. Horizon Databook has segmented the North America 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.
- North America 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
Reasons to subscribe to North America 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 North America 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 continent-level data and insights on the North America construction equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America construction equipment market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America construction equipment market size, by country, 2016-2030 (US$M)
North America Construction Equipment Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
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.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
