| Product Code: ETC13313786 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Building & Road Construction Equipment Market was valued at USD 121 Billion in 2024 and is expected to reach USD 169.2 Billion by 2031, growing at a compound annual growth rate of 5.65% during the forecast period (2025-2031).
The Global Building & Road Construction Equipment Market is experiencing significant growth driven by increasing urbanization, infrastructure development projects, and government investments worldwide. Key factors contributing to market expansion include the rising demand for advanced machinery to enhance construction efficiency, improve safety, and meet environmental regulations. Technological advancements such as telematics, IoT integration, and automation are also playing a crucial role in shaping the industry landscape. The market is highly competitive, with major players focusing on product innovation, strategic partnerships, and geographical expansion to gain a competitive edge. Strong demand for construction equipment, particularly in emerging economies, coupled with ongoing trends towards sustainable construction practices, are expected to drive continued growth in the sector.
The Global Building & Road Construction Equipment Market is experiencing significant growth driven by the increasing infrastructure development activities worldwide. Key trends in the market include the adoption of advanced technologies such as telematics and IoT for improved equipment efficiency and productivity, the rising demand for sustainable and eco-friendly construction equipment, and the growing popularity of rental and leasing services. Opportunities in the market lie in emerging markets like Asia Pacific and Latin America, where rapid urbanization and industrialization are fueling the demand for construction equipment. Additionally, the shift towards digitalization and automation in construction processes presents opportunities for equipment manufacturers to develop innovative solutions to meet the evolving needs of the industry.
The Global Building & Road Construction Equipment Market faces several challenges, including fluctuating raw material prices, stringent government regulations, and economic uncertainties impacting infrastructure investments. Additionally, rapid technological advancements are leading to the introduction of more sophisticated equipment, requiring companies to invest in research and development to stay competitive. Supply chain disruptions, such as delays in raw material procurement and transportation, also pose significant challenges for manufacturers in meeting project timelines and maintaining profitability. Furthermore, environmental concerns and the push for sustainable practices are driving the industry towards developing energy-efficient and eco-friendly equipment, adding another layer of complexity to the market landscape. Overall, navigating these challenges requires industry players to adapt quickly, innovate continuously, and forge strategic partnerships to thrive in the evolving construction equipment market.
The Global Building & Road Construction Equipment Market is primarily driven by increasing investments in infrastructure development projects across the world, particularly in emerging economies. The growing urbanization, population expansion, and the need for modernization of existing infrastructure are fueling the demand for construction equipment. Additionally, advancements in technology, such as the integration of telematics and IoT in construction machinery, are enhancing efficiency and productivity on construction sites. Moreover, stringent government regulations regarding safety and environmental concerns are pushing construction companies to invest in newer equipment with improved safety features and reduced emissions. Overall, the market is expected to continue growing as construction activity remains robust globally.
Government policies related to the Global Building & Road Construction Equipment Market vary by country, but commonly focus on promoting infrastructure development, ensuring construction safety standards, and encouraging sustainable practices. Many governments are investing in infrastructure projects to stimulate economic growth, leading to increased demand for construction equipment. Additionally, regulations related to emissions, noise pollution, and worker safety are becoming more stringent, driving the adoption of advanced and environmentally friendly equipment. Some governments also offer tax incentives and subsidies to promote the use of modern construction machinery. Overall, government policies play a crucial role in shaping the market dynamics of the building and road construction equipment industry by influencing investment decisions, technological advancements, and market competitiveness.
The Global Building & Road Construction Equipment Market is expected to witness steady growth in the coming years due to increasing infrastructure development projects worldwide. Factors such as urbanization, population growth, and government investments in construction projects will drive the demand for construction equipment. Technological advancements such as the adoption of IoT, AI, and automation in construction machinery are also expected to propel market growth. However, challenges such as fluctuating raw material prices, regulatory issues, and environmental concerns may impact the market. Overall, the market is forecasted to expand at a moderate rate, with a focus on sustainable practices and innovation driving the industry forward.
In the Global Building & Road Construction Equipment Market, Asia is anticipated to lead in terms of market growth, driven by increasing infrastructure development projects in countries like China and India. North America is expected to witness steady growth due to government investments in road construction and maintenance projects. Europe is likely to experience moderate growth with a focus on sustainable and energy-efficient construction equipment. The Middle East and Africa region is projected to show significant growth supported by infrastructure development initiatives. Latin America is also expected to see growth, attributed to urbanization and the need for modernizing infrastructure. Overall, the market outlook across these regions is positive, driven by ongoing construction activities and infrastructure investments.
Global Building & Road Construction Equipment Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Building & Road Construction Equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Building & Road Construction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global Building & Road Construction Equipment Market - Industry Life Cycle |
3.4 Global Building & Road Construction Equipment Market - Porter's Five Forces |
3.5 Global Building & Road Construction Equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Building & Road Construction Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.7 Global Building & Road Construction Equipment Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Global Building & Road Construction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Building & Road Construction Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Building & Road Construction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Building & Road Construction Equipment Market Trends |
6 Global Building & Road Construction Equipment Market, 2021 - 2031 |
6.1 Global Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Building & Road Construction Equipment Market, Revenues & Volume, By Excavators, 2021 - 2031 |
6.1.3 Global Building & Road Construction Equipment Market, Revenues & Volume, By Road Rollers, 2021 - 2031 |
6.1.4 Global Building & Road Construction Equipment Market, Revenues & Volume, By Concrete Mixers, 2021 - 2031 |
6.1.5 Global Building & Road Construction Equipment Market, Revenues & Volume, By Bulldozers, 2021 - 2031 |
6.2 Global Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Building & Road Construction Equipment Market, Revenues & Volume, By Diesel, 2021 - 2031 |
6.2.3 Global Building & Road Construction Equipment Market, Revenues & Volume, By Electric, 2021 - 2031 |
6.2.4 Global Building & Road Construction Equipment Market, Revenues & Volume, By Pneumatic, 2021 - 2031 |
6.2.5 Global Building & Road Construction Equipment Market, Revenues & Volume, By Hydraulic, 2021 - 2031 |
6.2.6 Global Building & Road Construction Equipment Market, Revenues & Volume, By Battery, 2021 - 2031 |
6.2.7 Global Building & Road Construction Equipment Market, Revenues & Volume, By Gasoline, 2021 - 2031 |
6.2.8 Global Building & Road Construction Equipment Market, Revenues & Volume, By Solar, 2021 - 2031 |
6.3 Global Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Building & Road Construction Equipment Market, Revenues & Volume, By Earthmoving, 2021 - 2031 |
6.3.3 Global Building & Road Construction Equipment Market, Revenues & Volume, By Road Paving, 2021 - 2031 |
6.3.4 Global Building & Road Construction Equipment Market, Revenues & Volume, By Cement Mixing, 2021 - 2031 |
6.3.5 Global Building & Road Construction Equipment Market, Revenues & Volume, By Land Clearing, 2021 - 2031 |
6.4 Global Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Building & Road Construction Equipment Market, Revenues & Volume, By Construction Industry, 2021 - 2031 |
6.4.3 Global Building & Road Construction Equipment Market, Revenues & Volume, By Municipal Projects, 2021 - 2031 |
6.4.4 Global Building & Road Construction Equipment Market, Revenues & Volume, By Real Estate Developers, 2021 - 2031 |
6.4.5 Global Building & Road Construction Equipment Market, Revenues & Volume, By Infrastructure Firms, 2021 - 2031 |
7 North America Building & Road Construction Equipment Market, Overview & Analysis |
7.1 North America Building & Road Construction Equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America Building & Road Construction Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
7.4 North America Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
7.5 North America Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Building & Road Construction Equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) Building & Road Construction Equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Building & Road Construction Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
8.4 Latin America (LATAM) Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
8.5 Latin America (LATAM) Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Building & Road Construction Equipment Market, Overview & Analysis |
9.1 Asia Building & Road Construction Equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Building & Road Construction Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
9.4 Asia Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
9.5 Asia Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Building & Road Construction Equipment Market, Overview & Analysis |
10.1 Africa Building & Road Construction Equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Building & Road Construction Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
10.4 Africa Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
10.5 Africa Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Building & Road Construction Equipment Market, Overview & Analysis |
11.1 Europe Building & Road Construction Equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Building & Road Construction Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
11.4 Europe Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
11.5 Europe Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Building & Road Construction Equipment Market, Overview & Analysis |
12.1 Middle East Building & Road Construction Equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Building & Road Construction Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Building & Road Construction Equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Building & Road Construction Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
12.4 Middle East Building & Road Construction Equipment Market, Revenues & Volume, By Power Source, 2021 - 2031 |
12.5 Middle East Building & Road Construction Equipment Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Building & Road Construction Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Building & Road Construction Equipment Market Key Performance Indicators |
14 Global Building & Road Construction Equipment Market - Export/Import By Countries Assessment |
15 Global Building & Road Construction Equipment Market - Opportunity Assessment |
15.1 Global Building & Road Construction Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Building & Road Construction Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
15.3 Global Building & Road Construction Equipment Market Opportunity Assessment, By Power Source, 2021 & 2031F |
15.4 Global Building & Road Construction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Building & Road Construction Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Building & Road Construction Equipment Market - Competitive Landscape |
16.1 Global Building & Road Construction Equipment Market Revenue Share, By Companies, 2024 |
16.2 Global Building & Road Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |