工程机械市场：依设备类型、应用、最终用户、地区分类，2024-2031

2024-2031年工程机械市场评估

都市化进程和基础设施发展。这种城市化趋势正在推动基础设施的重大发展。因此，基础设施的成长正在推动市场规模成长，到 2024 年将突破 1,836.3 亿美元，并在 2031 年达到 3,108.3 亿美元的估值。

租赁服务越来越受欢迎。这一趋势预计将在全球范围内持续下去，从而推动工程机械的需求。因此，租赁服务市场的成长将使市场从2024年到2031年的复合年增长率为6.80%。

工程机械市场定义/概述

建筑设备是指在建筑过程的各个阶段使用的各种专用机器，其设计目的是执行远远超出普通工具所能处理的任务。这些机器是管理复杂任务（例如土木工程、材料搬运、起重和精密建筑工作）的重要主力。

建筑设备通常根据功能进行分类。土方设备包括挖土机、推土机和装载机等强大的机器，这些机器对于场地准备、挖掘、挖沟和物料搬运等任务至关重要。起重机、堆高机和皮带输送机等物料搬运设备专为在建筑工地高效提升、移动和定位物料而设计。另一类包括混凝土搅拌机、摊舖机和平地机等专用机械，用于混凝土浇筑、道路施工和沥青摊舖等特定任务，以确保高精度和高效率。

选择正确的施工设备对于任何专案的成功至关重要。专案规模、工作类型、现场条件和预算等因素在确定理想的机器组合方面发挥着重要作用。透过利用正确的机械，建筑公司可以提高效率、维持安全标准并按时交付优质成果。

日益增长的工程机械需求将如何带动工程机械市场的成长？

建筑设备租赁因其成本效益、灵活性和初始投资低而成为许多建筑公司和承包商的首选。透过选择租赁服务，公司可以使用各种机械，而无需承担财务负担，从而降低财务风险，并允许他们根据特定项目的需求来扩展工作。此外，建筑设备售后市场的成长也进一步推动了市场的发展，提供必要的维护、零件和服务，以延长机械的使用寿命和性能。这些因素共同推动工程机械市场的扩张。

据联合国称，到 2050 年，世界人口的 68% 将居住在城市地区，高于 2018 年的 55%。Global Infrastructure Hub预计，到2040年，全球基础设施投资需求将达到94兆美元，创造对建筑设备的持续需求。美国租赁协会（ARA）预测，2021年北美租赁业将成长3.8%，达到约502亿美元。

物联网、人工智慧和远端资讯处理等技术的整合正在推动市场成长。许多政府正在大力投资基础设施以刺激经济成长。例如，2021年11月签署生效的美国《基础设施投资和就业法案》，在八年内拨款1.2兆美元用于基础设施支出，预计将提振建筑设备的需求。环境问题正在推动电动和混合动力建筑设备的采用。欧洲建筑设备委员会（CECE）的报告显示，儘管发生了疫情，2020年欧洲电动建筑设备的销量仍成长了12%，显示出更永续设备的强劲趋势。

环境问题和严格的排放法规将如何阻碍工程机械市场的成长？

工程机械是重要的排放源。根据美国环保署 (EPA) 的数据，非道路柴油引擎（包括建筑设备）约占美国移动源 NOx 排放量的 25%，占移动源柴油 PM2.5 排放量的 44%。对此，许多地区推出了更严格的排放标准。例如，2019年至2020年生效的欧盟第五阶段排放标准，要求颗粒物排放量比先前的第四阶段减少40%。

建筑设备的高成本是一个主要障碍，特别是对于中小型建筑公司而言。根据美国总承包商协会（AGC）的报告，75%的建筑公司表示设备成本与一年前相比增加。报告显示，64%的企业正在提高设备租赁价格，61%的企业正在提高新建设项目的价格，以适应不断上涨的设备成本。

先进工程机械缺乏熟练的操作员是市场成长的主要障碍。美国建筑商协会 (ABC) 预测，到 2022 年，建筑业将需要在正常招聘速度的基础上额外招聘近 65 万名工人，以满足劳动力需求。劳动力短缺可能导致先进设备的利用不足以及建筑业新技术采用的延迟。

目录

第1章简介

• 市场定义
• 市场细分
• 调查方法

第 2 章执行摘要

• 主要发现
• 市场概况
• 市集亮点

第3章市场概况

• 市场规模和成长潜力
• 市场趋势
• 市场驱动力
• 市场制约因素
• 市场机会
• 波特五力分析

第4章工程机械市场：依设备类型

• 土方机械
• 物料搬运设备
• 混凝土/筑路机械
• 工程车辆

第5章工程机械市场：依应用分类

• 房屋建筑
• 商业建筑
• 基础设施建设
• 工业建筑

第6章工程机械市场：依最终用户分类

• 承包商
• 租赁公司
• 政府
• 公共部门

第7章区域分析

• 北美
• 美国
• 加拿大
• 墨西哥
• 欧洲
• 英国
• 德国
• 法国
• 义大利
• 亚太地区
• 中国
• 日本
• 印度
• 澳洲
• 拉丁美洲
• 巴西
• 阿根廷
• 智利
• 中东/非洲
• 南非
• 沙乌地阿拉伯
• 阿拉伯联合酋长国

第8章市场动态

• 市场驱动力
• 市场制约因素
• 市场机会
• COVID-19 的市场影响

第9章 竞争格局

• 大公司
• 市场占有率分析

第10章 公司简介

• Caterpillar Inc.（USA）
• Komatsu Ltd.（Japan）
• Deere & Company（USA）
• Hitachi Construction Machinery Co., Ltd.（Japan）
• Volvo Construction Equipment AB（Sweden）
• JCB（UK）
• SANY Heavy Industry Co., Ltd.（China）
• Zoomlion Heavy Industry Science and Technology Co., Ltd.（China）
• Doosan Infracore Co., Ltd.（South Korea）
• Liebherr Group（Switzerland）

第11章市场前景与机遇

• 新兴技术
• 未来市场趋势
• 投资机会

第12章附录

• 缩写表
• 来源和参考文献

Construction Equipment Market Valuation - 2024-2031

Increasing urbanization and infrastructure development. This urbanization trend is driving significant infrastructure development. Thus, the growing infrastructure surge the growth of market size surpassing USD 183.63 Billion in 2024 to reach a valuation of USD 310.83 Billion by 2031.

The rental services are gaining traction. This trend is likely to continue globally, driving demand for construction equipment. Thus, the growth in the rental services market enable the market to grow at aCAGR of 6.80% from 2024 to 2031.

Construction Equipment Market: Definition/ Overview

Construction equipment refers to a diverse range of specialized machinery used in various stages of the construction process, designed to perform tasks far beyond what ordinary tools can handle. These machines are essential workhorses, built to manage complex activities like earthmoving, material handling, lifting, and precision construction operations.

Construction equipment is typically categorized based on function. Earthmoving equipment includes powerful machines like excavators, bulldozers, and loaders, which are crucial for tasks such as site preparation, excavation, trenching, and material transport. Material handling equipment, including cranes, forklifts, and conveyor belts, is designed for efficient lifting, moving, and positioning of materials on construction sites. Another category includes specialized machinery, such as concrete mixers, pavers, and graders, used for specific tasks like concrete pouring, road construction, and asphalt paving, ensuring high precision and efficiency.

Selecting the right construction equipment is vital to the success of any project. Factors such as project scale, type of construction, site conditions, and budget play a key role in determining the ideal equipment mix. By utilizing the appropriate machinery, construction companies can enhance efficiency, maintain safety standards, and deliver high-quality outcomes on time.

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How does the Increasing Demand for Construction Equipment Surge the Growth of the Construction Equipment Market?

Renting equipment has become the preferred choice for many construction companies and contractors due to its cost-effectiveness, flexibility, and lower upfront investment. By opting for rental services, businesses can access a wide range of machinery without the financial burden of ownership, allowing them to scale operations as needed for specific projects while reducing financial risk. Additionally, the growth of the construction equipment aftermarket further fuels the market, providing essential maintenance, parts, and services that enhance equipment longevity and performance. Together, these factors are propelling the expansion of the construction equipment market.

According to the United Nations, 68% of the world's population is projected to live in urban areas by 2050, up from 55% in 2018. The Global Infrastructure Hub estimates that global infrastructure investment needs will reach USD 94 Trillion by 2040, creating sustained demand for construction equipment. The American Rental Association (ARA) forecasts that the equipment rental industry in North America will grow by 3.8% in 2021 to reach nearly USD 50.2 Billion.

The integration of technologies like IoT, AI, and telematics is driving market growth. Many governments are investing heavily in infrastructure to stimulate economic growth. For instance, the U.S. Infrastructure Investment and Jobs Act, signed into law in November 2021, allocates USD 1.2 Trillion for infrastructure spending over eight years, which is expected to boost demand for construction equipment. Environmental concerns are driving the adoption of electric and hybrid construction equipment. The European Construction Equipment Committee (CECE) reports that in 2020, despite the pandemic, the sale of electric construction equipment in Europe grew by 12%, indicating a strong trend towards more sustainable equipment.

How the Environmental Concerns and Stringent Emission Regulations Impede the Growth of the Construction Equipment Market?

The construction equipment is a significant source of emissions. According to the U.S. Environmental Protection Agency (EPA), non-road diesel engines, including construction equipment, account for approximately 25% of mobile-source NOx emissions and 44% of mobile-source diesel PM2.5 emissions in the United States. In response, many regions are implementing strict emission standards. For instance, the European Union's Stage V emission standards, which came into effect in 2019-2020, require a 40% reduction in particulate matter emissions compared to the previous Stage IV standards.

The high cost of construction equipment can be a significant barrier, especially for small and medium-sized construction companies. According to a report by the Associated General Contractors of America (AGC), 75% of construction firms report that the cost of equipment has increased compared to a year ago. The same report indicates that 64% of firms are increasing equipment rental rates, and 61% are increasing the rates they charge for new construction projects to cope with rising equipment costs.

The lack of skilled operators for advanced construction equipment is a significant restraint on market growth. The Associated Builders and Contractors (ABC) estimates that the construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor. This shortage can lead to underutilization of advanced equipment and slower adoption of new technologies in the construction sector.

Category-Wise Acumens

How does the Growing Demand for Cranes and Automated Guided Vehicles (AGVs) Surge the Growth of the Material Handling Equipment Segment?

The material handling equipment segment dominates the construction equipment market, driven by the increasing demand for cranes, automated guided vehicles (AGVs), forklift trucks, and telescopic handlers across various industries. These machines are essential for handling heavy construction materials and products, particularly in sectors like construction, warehousing, and logistics. The growing need for efficient material transportation and lifting solutions in large-scale infrastructure projects and warehouses is a key factor contributing to the expansion of this segment.

Cranes, AGVs, forklift trucks, and telescopic handlers are fundamental material handling machines, widely used in both construction and warehouse operations. Their versatility in managing heavy loads, enhancing productivity, and ensuring safety makes them indispensable across multiple sectors. Forklift trucks and AGVs are essential in warehousing applications, where they streamline material transport and storage processes, while cranes and telescopic handlers are crucial for lifting and placing heavy materials in construction projects.

As industries increasingly focus on optimizing operational efficiency and reducing labor costs, the demand for material handling equipment is expected to grow further. This segment's dominance in the construction equipment market is also supported by technological advancements, such as automation and telematics, which enhance equipment performance and safety, ensuring continued growth in the coming years.

How the Increasing Investment by Government and Private Corporations Accelerates the Growth of the Infrastructure Construction Segment?

The infrastructure construction segment dominates the construction equipment market, driven by increasing investments from governments and private corporations worldwide. Governments are prioritizing modern, efficient infrastructure, leading to heightened public spending on critical projects such as roads, bridges, railways, and power plants. Simultaneously, private firms, especially in sectors like renewable energy and telecommunications, are pouring resources into infrastructure development.

Urbanization further fuels this demand, as cities expand and require updated infrastructure, such as public transit systems, sewage networks, and waste management facilities. These large-scale projects rely on specialized machinery for excavation, material handling, and concrete pouring, resulting in substantial demand for construction equipment in the infrastructure sector. Additionally, many countries face the challenge of aging infrastructure in need of repair, replacement, or modernization.

Moreover, evolving safety standards necessitate updates to existing infrastructure, driving the need for advanced and specialized construction equipment. As governments and private investors continue to focus on large-scale infrastructure projects, the infrastructure construction segment is expected to maintain its dominant position in the global construction equipment market.

Country/Region-wise Acumens

How does the Rapid Urbanization and Infrastructure Development Surge the Growth of the Construction Equipment Market in the Asia Pacific?

Asia Pacific substantially dominates in the construction equipment market driven by the Asia Pacific region experiencing unprecedented urban growth, driving demand for construction equipment. According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), the urban population in Asia and the Pacific is expected to grow from 2.3 billion in 2019 to 3.5 billion by 2050. This urbanization trend is fueling massive infrastructure projects. For instance, China's Belt and Road Initiative is expected to invest over USD 1 Trillion in infrastructure projects across Asia and beyond, as reported by the World Bank.

Many Asian countries are significantly increasing their infrastructure spending. For example, India's Union Budget 2021-2022 allocated INR 5.54 trillion (approximately USD 75 Billion) for capital expenditure, with a significant portion dedicated to infrastructure development. This represents a 34.5% increase from the previous year. Similarly, the Asian Development Bank (ADB) estimates that developing Asia will need to invest USD 1.7 Trillion per year in infrastructure until 2030 to maintain its growth momentum, tackle poverty, and respond to climate change.

The construction industry in Asia Pacific is witnessing robust growth. According to a report by Oxford Economics, construction output in the Asia Pacific region is forecast to grow by 5.3% in 2021 and average 4.6% per year over the rest of the decade to 2030. This growth is significantly higher than the global average and is expected to account for 40% of global construction output by 2030. China alone is projected to add USD 2.1 Trillion to its construction output between 2020 and 2030.

How does the Increasing Investment in Infrastructure and Construction Projects Escalate the Growth of the Construction Equipment Market in Europe?

Europe is anticipated to witness the fastest growth in the construction equipment market during the forecast period. Europe is witnessing significant investment in infrastructure and construction projects, driving demand for construction equipment. According to the European Construction Industry Federation (FIEC), the total construction output in the EU reached €1.64 trillion in 2021, an increase of 5.8% compared to 2020. The European Commission's Recovery and Resilience Facility, part of the Next Generation EU program, is set to provide €723.8 billion in loans and grants to support reforms and investments in EU countries, with a significant portion allocated to infrastructure and construction projects.

Europe is leading the way in sustainable construction practices, which is driving demand for advanced and eco-friendly construction equipment. The European Commission reports that buildings are responsible for about 40% of the EU's energy consumption and 36% of greenhouse gas emissions. To address this, the EU has set a target to renovate 35 million buildings by 2030. This renovation wave is expected to create 160,000 additional green jobs in the construction sector, boosting demand for modern, energy-efficient construction equipment.

Competitive Landscape

The competitive landscape of the Construction Equipment Market is characterized by a combination of established global players and regional competitors. The market is driven by product innovation, geographical expansion, strategic partnerships, and a focus on customer needs. The growing adoption of automation, technology, and sustainable practices presents significant opportunities for market participants.

The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the construction equipment market include:

• Caterpillar
• Komatsu
• Hitachi Construction Machinery
• XCMG
• Deere & Company
• Sany
• Volvo Construction Equipment
• Liebherr
• JCB
• CNH Industrial

Latest Developments:

• In June 2023, Caterpillar Inc. announced the launch of the new Cat 995 Wheel Loader, which boasts a 19% increase in productivity and 13% lower hourly fuel usage than the previous model. This emphasis on efficiency gains reflects a trend in the construction equipment sector.
• In February 2023, Volvo Construction Equipment (Volvo CE) entered the Indian electric compact excavator market launching the EC55 electric excavator at the ConExpo India trade event.
• In September 2022, Komatsu Ltd. announced a collaboration with Cummins Inc. to create zero-emission haulage equipment. This relationship between a leading construction equipment manufacturer and a significant engine production represents a critical step toward achieving carbon neutrality in the construction industry.

TABLE OF CONTENTS

1. Introduction

• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary

• Key Findings
• Market Overview
• Market Highlights

3. Market Overview

• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter's Five Forces Analysis

4. Construction Equipment Market, By Equipment Type

• Earthmoving Equipment
• Material Handling Equipment
• Concrete and Road Construction Equipment
• Construction Vehicles

5. Construction Equipment Market, By Application

• Residential Construction
• Commercial Construction
• Infrastructure Construction
• Industrial Construction

6. Construction Equipment Market, By End-User

• Contractors
• Rental Companies
• Government
• Public Sector

7. Regional Analysis

• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics

• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape

• Key Players
• Market Share Analysis

10. Company Profiles

• Caterpillar Inc. (USA)
• Komatsu Ltd. (Japan)
• Deere & Company (USA)
• Hitachi Construction Machinery Co., Ltd. (Japan)
• Volvo Construction Equipment AB (Sweden)
• JCB (UK)
• SANY Heavy Industry Co., Ltd. (China)
• Zoomlion Heavy Industry Science and Technology Co., Ltd. (China)
• Doosan Infracore Co., Ltd. (South Korea)
• Liebherr Group (Switzerland)

11. Market Outlook and Opportunities

• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix

• List of Abbreviations
• Sources and References