Construction Equipment Industry Report 2025–2033 – Market Size & Share

The global Construction Equipment Market is estimated at USD 147.3 billion in 2024 and is expected to surge to USD 253.8 billion by 2033, reflecting a robust CAGR of 6.1% during the forecast period. Market expansion is being propelled by the accelerated adoption of smart construction technologies, equipment automation, and a global resurgence in infrastructure development. Strategic investments in urbanization, including the rollout of smart cities, transport corridors, and resilient public infrastructure, are particularly evident across North America, Europe, and the Asia-Pacific region, positioning these markets as critical growth hubs for the construction equipment sector.