Heavy Construction Equipment Industry Report 2025: Earthmoving, Material Handling, Heavy Vehicles Market Forecasts To 2030

(MENAFN- GlobeNewsWire - Nasdaq) The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall hydrogen tanks market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Dublin, April 15, 2025 (GLOBE NEWSWIRE) -- The "Heavy Construction Equipment Market by Machinery Type (Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles), Propulsion Type (Diesel, CNG/LNG/RNG, Electric), Engine Capacity, End-Use Industry, & Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The heavy construction equipment market is estimated at USD 224.49 Billion in 2025 and is projected to reach USD 286.51 Billion by 2030, at a CAGR of 5.0% from 2025 to 2030

One of the key factors anticipated to propel the growth of the heavy construction equipment market is the rising demand for such equipment in the mining and construction sectors.

Asia Pacific led the heavy construction equipment market, in terms of value, in 2024 and is projected to register a CAGR of 5.2% between 2025 and 2030. The region's growing mining and infrastructure projects, particularly in China and India, are responsible for this high market penetration. These nations' governments are encouraging infrastructure development in an effort to boost their economies and draw in fresh foreign investment. The governments of these two nations are aggressively searching for suitable lithium mines both inside and outside the nation for battery manufacture in response to the growing demand for raw materials worldwide and to protect their energy interests. These will encourage the region to use heavy construction equipment more frequently.
Prominent companies Caterpillar (US), Liebherr AG (Germany), Terex Corporation (US), Volvo Group (Sweden), Komatsu (Japan), Hitachi Construction Machinery Co., Ltd. (Japan), SANY Heavy Industry Co., Ltd. (China), HD Hyundai (South Korea), XCMG Group (China), CNH Industrial N.V. (UK), and J C Bamford Excavators Ltd (UK), among others.

Increasing investments in construction and infrastructure sectors to drive the heavy construction equipment market.
The growing investments in construction activities are driving up demand for heavy construction equipment. Beijing, China, for example, is making 6.8 trillion yuan (about $1 trillion USD) in government cash available for building projects. Canal, dam, and reservoir building was expected to cost about 800 billion yuan (USD 115.96 million) in 2022. Additionally, the majority of China's infrastructure investment is allocated to local governments, who most frequently choose to spend on urban infrastructure development, which includes parks, gas and water pipe networks, and urban highways. Additionally, by 2035, China intends to construct 70,000 kilometers of high-speed rail.
The European Union declared in June 2022 that it will invest over USD 5.4 billion in the construction of transportation infrastructure. About 135 infrastructure projects have been chosen by the EU to receive development funding. The National Infrastructure Pipeline is expected to receive about USD 645.7 billion and 700 projects, according to the UK Construction Leadership Council. The demand for construction equipment is anticipated to be driven during the forecast period by such planned investments and expanding construction activity for infrastructure development.
Stringent government regulations to restrain for heavy construction equipment market.
Government laws particular to a certain region are one of the biggest challenges heavy construction equipment manufacturers confront. A corporation must go through a drawn-out and difficult procedure of getting a permit after completing several necessary checks before beginning significant construction.
For instance, appropriate baseline data is gathered to accurately represent the environmental status of the area because the construction industry employs more diesel engines than any other business in order to comply with EU emissions rules. Wetlands, soil, vegetation, animals, surface and groundwater hydrology, climatology, and cultural and historical resources are all the subjects of surveys. Following preparation and submission to the regulatory body, the permit undergoes technical and completeness evaluations.

Such lengthy, time-consuming, and often varying regulations act as a restraint to the heavy construction equipment market.

Digitization of services to provide an opportunity for the heavy construction equipment market.
The construction equipment business has a plethora of opportunities to adopt new construction methods, cutting-edge technologies, and digitization. It is possible to employ and deploy new technologies on construction sites around the world, including telematics, smart applications, connected tools and equipment, and autonomous heavy machinery.
Manufacturers of construction equipment use data to reduce hazards, boost productivity, enhance job site safety, and make smarter decisions. In order to monitor the health of construction equipment, predictive analytics solutions are developed using artificial intelligence (AI) and machine learning systems. Hitachi Construction Machinery Co., Ltd. introduced the ConSite Mine, a machine analytics solution that uses the Internet of Things to remotely monitor mining equipment around-the-clock, to the world market in January 2022.
Development of alternative solutions to be a major challenge for heavy construction equipment market.
The two most basic components of electric heavy construction equipment are the battery and the motor. The battery stores and provides the energy, while the motor generates the force. One of the difficulties faced by producers of heavy construction equipment is managing the motor's speed and torque under a variety of load and speed settings. A battery's capacity must be maximized in order to make the most efficient use of its limited amount of stored energy. Increasing the battery's size would help it hold more power, but it also makes the heavy construction equipment heavier and more expensive.
Since batteries in electric-powered heavy-duty construction equipment require a long time to recharge, battery charging is one of the main problems. This delays the return on investment and lengthens downtime. In addition, battery thermal management systems have to deal with aging, climate, corrosion, leakage, and clogging. To address this issue, producers of heavy construction equipment and technological specialists are creating sophisticated battery thermal management systems.
The report provides insights on the following pointers:

• Analysis of key drivers (Increasing investments in construction and infrastructure sector, Rapid urbanization and population growth, Technological advancements and upgradation, government investments and supportive policies for sustainable solutions), restraints (Substantial capital investment, socio-economic effects of heavy construction activities), opportunities (Demand for autonomous heavy construction equipment, Electrification and Digitization of equipment, renting or leasing of equipment), and challenges (Development of alternative optimized solutions, lack of skilled labor force and maintenance and repair related issues) influencing the growth of the hydrogen tanks market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the heavy construction equipment market.
• Market Development: Comprehensive information about lucrative markets - the report analyses the hydrogen tanks market across varied regions.
• Market Diversification: Exhaustive information about services, untapped geographies, recent developments, and investments in the hydrogen tanks market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Caterpillar (US), Liebherr AG (Germany), Terex Corporation (US), Volvo Group (Sweden), Komatsu (Japan), Hitachi Construction Machinery Co., Ltd. (Japan), SANY Heavy Industry Co., Ltd. (China), HD Hyundai (South Korea), XCMG Group (China), CNH Industrial N.V. (UK), and J C Bamford Excavators Ltd (UK), among others in the heavy construction equipment market.

Key Attributes:

Report Attribute	Details
No. of Pages	352
Forecast Period	2025 - 2030
Estimated Market Value (USD) in 2025	$224.49 Billion
Forecasted Market Value (USD) by 2030	$286.51 Billion
Compound Annual Growth Rate	5.0%
Regions Covered	Global

Companies Featured

• Caterpillar
• Volvo Group
• Komatsu
• Hitachi Construction Machinery Co. Ltd.
• Terex Corporation
• Liebherr AG
• Sany Group
• Hd Hyundai
• Xcmg Group
• Cnh Industrial N.V.
• Wacker Neuson SE
• Sumitomo Heavy Industries, Ltd.
• Jc Bamford Excavators Ltd.
• Manitou Group
• Escorts Kubota Limited
• Deere and Company
• Zoomlion Heavy Industry Science & Technology Co. Ltd.
• Kobelco Construction Machinery Co. Ltd.
• Hiab
• Hidromek
• Doosan Bobcat
• Mahindra Construction Equipment

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• Heavy Construction Equipment Market

CONTACT: CONTACT: Laura Wood,Senior Press Manager ... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

MENAFN15042025004107003653ID1109431497