Construction Machinery Market Research：the global market size is projected to reach USD 156.2 billion by 2030

According to the new market research report “Construction Machinery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Construction Machinery market size is projected to reach USD 156.2 billion by 2030, at a CAGR of 3.3% during the forecast period.

• Global Construction Machinery MarketSize(US$ Million), 2019-2030

Source: QYResearch, "Construction Machinery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

• Global Construction Machinery Top20Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

Source: QYResearch, "Construction Machinery - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

According to QYResearch Top Players Research Center, the global key manufacturers of Construction Machinery include Caterpillar, Komatsu, XCMG, John Deere, Sany Heavy Industry, Volvo Construction Equipment, liebherr, sandvik, Jesse Bo, Doosan Bobcat Machinery, etc. In 2023, the global top 10 players had a share approximately 62.4% in terms of revenue.

Market Drivers: The promotion of infrastructure construction and urbanization process, including the growing demand for infrastructure construction projects such as roads, bridges, and water conservancy, as well as the demand for housing and commercial real estate construction brought about by urbanization; in addition, the industrialization process on a global scale also provides engineering The machinery market presents growth opportunities, including expansion of manufacturing and replacement of factory equipment.

Restraint: Fluctuations in the economic cycle and unstable factors in the global economy may lead to a reduction in infrastructure investment, thereby affecting the demand for the construction machinery market; at the same time, changes in policies and regulations and environmental pressure may also have an adverse impact on the industry, requiring enterprises to adapt and adjust.

Opportunity: With the advancement of global infrastructure construction and urbanization, the construction machinery market will continue to maintain growth momentum; at the same time, the application of emerging technologies such as intelligence and automation will bring innovative development opportunities to the industry and promote market competitiveness and product additions. value improvement.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

Contact Us:

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)

EN: https://www.qyresearch.com

JP: https://www.qyresearch.co.jp