Press Release Body:
According to Mordor Intelligence, the construction equipment market is projected to grow from USD 192.59 billion in 2025 to USD 266.73 billion by 2030, registering a compound annual growth rate (CAGR) of 6.73% during the forecast period. This growth is being driven by robust government investments and expanding infrastructure projects worldwide.
Significant capital is being directed toward the development of roads, rail networks, power transmission systems, and semiconductor fabrication plants. These large-scale projects are fueling demand for a wide range of equipment, particularly in the segments of earthmoving, material-handling, and concrete machinery.
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Earthmoving equipment, including excavators, backhoes, and bulldozers, continues to dominate due to its essential role in foundational and grading operations. Meanwhile, the need for faster and safer construction processes is increasing reliance on material-handling equipment such as cranes, forklifts, and hoists.
Technological advancements are also playing a key role in shaping the market. Equipment manufacturers are focusing on innovations like automation, telematics integration, and energy-efficient engines, which improve operational efficiency and meet evolving environmental regulations.
With ongoing urbanization and infrastructure development in both emerging and developed economies, the construction equipment market is set for sustained growth over the next decade.
About Mordor Intelligence:
Mordor Intelligence is a global market research and advisory firm that provides in-depth reports and analysis across a wide range of industries, including automotive, energy, healthcare, technology, and more. With a focus on accuracy, transparency, and actionable insights, Mordor Intelligence empowers businesses and decision-makers to stay ahead of market trends and make strategic, data-driven decisions. The firm is known for its comprehensive research methodologies, expert analysts, and real-time market tracking, serving clients ranging from startups to Fortune 500 companies worldwide.

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