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Global Heavy Equipment Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

April 2024 | 139 pages | ID: GF6F8E1078A7EN
APO Research

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Heavy equipment refers to heavy-duty vehicles, specially designed for executing construction tasks, most frequently ones involving earthwork operations. They usually comprise five equipment systems: implement, traction, structure, power train, control and information. Heavy equipment functions through the mechanical advantage of a simple machine, the ratio between input force applied and force exerted is multiplied. Some equipment uses hydraulic drives as a primary source of motion.

According to APO Research, The global Heavy Equipment market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Heavy Equipment key players include Caterpillar, John Deere, KOMATSU, CNH Industrial, etc. Global top four manufacturers hold a share about 20%.

China is the largest market, with a share about 25%, followed by North America and Europe, both have a share over 40 percent.

In terms of product, Dump Truck is the largest segment, with a share over 10%. And in terms of application, the largest application is Construction, followed by Mining

Agriculture, etc.

This report presents an overview of global market for Heavy Equipment, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Heavy Equipment, also provides the sales of main regions and countries. Of the upcoming market potential for Heavy Equipment, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Heavy Equipment sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Heavy Equipment market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Heavy Equipment sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Caterpillar, John Deere, KOMATSU, CNH Industrial, Kubota, Hitachi, Volvo, Liebherr and Daimler, etc.

Heavy Equipment segment by Company
  • Caterpillar
  • John Deere
  • KOMATSU
  • CNH Industrial
  • Kubota
  • Hitachi
  • Volvo
  • Liebherr
  • Daimler
  • Doosan
  • SANY Group
  • JCB
  • Terex
  • Zoomlion
  • Liugong
  • Weichai
  • Sinotruk
Heavy Equipment segment by Type
  • Excavators
  • Wheel Loaders
  • Bulldozers
  • Dump Truck
  • Others
Heavy Equipment segment by Application
  • Construction
  • Mining
  • Agriculture
Heavy Equipment segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global Heavy Equipment status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions Heavy Equipment market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Heavy Equipment significant trends, drivers, influence factors in global and regions.

6. To analyze Heavy Equipment competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heavy Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Heavy Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heavy Equipment.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Heavy Equipment market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Heavy Equipment industry.

Chapter 3: Detailed analysis of Heavy Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales and value of Heavy Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Sales and value of Heavy Equipment in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights.

Chapter 10: Concluding Insights.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Heavy Equipment Sales Value (2019-2030)
  1.2.2 Global Heavy Equipment Sales Volume (2019-2030)
  1.2.3 Global Heavy Equipment Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives

2 HEAVY EQUIPMENT MARKET DYNAMICS

2.1 Heavy Equipment Industry Trends
2.2 Heavy Equipment Industry Drivers
2.3 Heavy Equipment Industry Opportunities and Challenges
2.4 Heavy Equipment Industry Restraints

3 HEAVY EQUIPMENT MARKET BY COMPANY

3.1 Global Heavy Equipment Company Revenue Ranking in 2023
3.2 Global Heavy Equipment Revenue by Company (2019-2024)
3.3 Global Heavy Equipment Sales Volume by Company (2019-2024)
3.4 Global Heavy Equipment Average Price by Company (2019-2024)
3.5 Global Heavy Equipment Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Heavy Equipment Company Manufacturing Base & Headquarters
3.7 Global Heavy Equipment Company, Product Type & Application
3.8 Global Heavy Equipment Company Commercialization Time
3.9 Market Competitive Analysis
  3.9.1 Global Heavy Equipment Market CR5 and HHI
  3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
  3.9.3 2023 Heavy Equipment Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion

4 HEAVY EQUIPMENT MARKET BY TYPE

4.1 Heavy Equipment Type Introduction
  4.1.1 Excavators
  4.1.2 Wheel Loaders
  4.1.3 Bulldozers
  4.1.4 Dump Truck
  4.1.5 Others
4.2 Global Heavy Equipment Sales Volume by Type
  4.2.1 Global Heavy Equipment Sales Volume by Type (2019 VS 2023 VS 2030)
  4.2.2 Global Heavy Equipment Sales Volume by Type (2019-2030)
  4.2.3 Global Heavy Equipment Sales Volume Share by Type (2019-2030)
4.3 Global Heavy Equipment Sales Value by Type
  4.3.1 Global Heavy Equipment Sales Value by Type (2019 VS 2023 VS 2030)
  4.3.2 Global Heavy Equipment Sales Value by Type (2019-2030)
  4.3.3 Global Heavy Equipment Sales Value Share by Type (2019-2030)

5 HEAVY EQUIPMENT MARKET BY APPLICATION

5.1 Heavy Equipment Application Introduction
  5.1.1 Construction
  5.1.2 Mining
  5.1.3 Agriculture
5.2 Global Heavy Equipment Sales Volume by Application
  5.2.1 Global Heavy Equipment Sales Volume by Application (2019 VS 2023 VS 2030)
  5.2.2 Global Heavy Equipment Sales Volume by Application (2019-2030)
  5.2.3 Global Heavy Equipment Sales Volume Share by Application (2019-2030)
5.3 Global Heavy Equipment Sales Value by Application
  5.3.1 Global Heavy Equipment Sales Value by Application (2019 VS 2023 VS 2030)
  5.3.2 Global Heavy Equipment Sales Value by Application (2019-2030)
  5.3.3 Global Heavy Equipment Sales Value Share by Application (2019-2030)

6 HEAVY EQUIPMENT MARKET BY REGION

6.1 Global Heavy Equipment Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Heavy Equipment Sales by Region (2019-2030)
  6.2.1 Global Heavy Equipment Sales by Region: 2019-2024
  6.2.2 Global Heavy Equipment Sales by Region (2025-2030)
6.3 Global Heavy Equipment Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Heavy Equipment Sales Value by Region (2019-2030)
  6.4.1 Global Heavy Equipment Sales Value by Region: 2019-2024
  6.4.2 Global Heavy Equipment Sales Value by Region (2025-2030)
6.5 Global Heavy Equipment Market Price Analysis by Region (2019-2024)
6.6 North America
  6.6.1 North America Heavy Equipment Sales Value (2019-2030)
  6.6.2 North America Heavy Equipment Sales Value Share by Country, 2023 VS 2030
6.7 Europe
  6.7.1 Europe Heavy Equipment Sales Value (2019-2030)
  6.7.2 Europe Heavy Equipment Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
  6.8.1 Asia-Pacific Heavy Equipment Sales Value (2019-2030)
  6.8.2 Asia-Pacific Heavy Equipment Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
  6.9.1 Latin America Heavy Equipment Sales Value (2019-2030)
  6.9.2 Latin America Heavy Equipment Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
  6.10.1 Middle East & Africa Heavy Equipment Sales Value (2019-2030)
  6.10.2 Middle East & Africa Heavy Equipment Sales Value Share by Country, 2023 VS 2030

7 HEAVY EQUIPMENT MARKET BY COUNTRY

7.1 Global Heavy Equipment Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Heavy Equipment Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Heavy Equipment Sales by Country (2019-2030)
  7.3.1 Global Heavy Equipment Sales by Country (2019-2024)
  7.3.2 Global Heavy Equipment Sales by Country (2025-2030)
7.4 Global Heavy Equipment Sales Value by Country (2019-2030)
  7.4.1 Global Heavy Equipment Sales Value by Country (2019-2024)
  7.4.2 Global Heavy Equipment Sales Value by Country (2025-2030)
7.5 USA
  7.5.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.5.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.5.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.6 Canada
  7.6.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.6.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.6.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.7 Germany
  7.7.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.7.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.7.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.8 France
  7.8.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.8.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.8.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
  7.9.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.9.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.9.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.10 Italy
  7.10.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.10.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.10.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
  7.11.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.11.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.11.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
  7.12.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.12.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.12.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.13 China
  7.13.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.13.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.13.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.14 Japan
  7.14.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.14.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.14.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
  7.15.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.15.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.15.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
  7.16.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.16.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.16.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.17 India
  7.17.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.17.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.17.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.18 Australia
  7.18.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.18.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.18.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
  7.19.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.19.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.19.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
  7.20.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.20.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.20.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
  7.21.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.21.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.21.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
  7.22.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.22.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.22.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030
7.23 UAE
  7.23.1 Global Heavy Equipment Sales Value Growth Rate (2019-2030)
  7.23.2 Global Heavy Equipment Sales Value Share by Type, 2023 VS 2030
  7.23.3 Global Heavy Equipment Sales Value Share by Application, 2023 VS 2030

8 COMPANY PROFILES

8.1 Caterpillar
  8.1.1 Caterpillar Comapny Information
  8.1.2 Caterpillar Business Overview
  8.1.3 Caterpillar Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.1.4 Caterpillar Heavy Equipment Product Portfolio
  8.1.5 Caterpillar Recent Developments
8.2 John Deere
  8.2.1 John Deere Comapny Information
  8.2.2 John Deere Business Overview
  8.2.3 John Deere Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.2.4 John Deere Heavy Equipment Product Portfolio
  8.2.5 John Deere Recent Developments
8.3 KOMATSU
  8.3.1 KOMATSU Comapny Information
  8.3.2 KOMATSU Business Overview
  8.3.3 KOMATSU Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.3.4 KOMATSU Heavy Equipment Product Portfolio
  8.3.5 KOMATSU Recent Developments
8.4 CNH Industrial
  8.4.1 CNH Industrial Comapny Information
  8.4.2 CNH Industrial Business Overview
  8.4.3 CNH Industrial Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.4.4 CNH Industrial Heavy Equipment Product Portfolio
  8.4.5 CNH Industrial Recent Developments
8.5 Kubota
  8.5.1 Kubota Comapny Information
  8.5.2 Kubota Business Overview
  8.5.3 Kubota Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.5.4 Kubota Heavy Equipment Product Portfolio
  8.5.5 Kubota Recent Developments
8.6 Hitachi
  8.6.1 Hitachi Comapny Information
  8.6.2 Hitachi Business Overview
  8.6.3 Hitachi Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.6.4 Hitachi Heavy Equipment Product Portfolio
  8.6.5 Hitachi Recent Developments
8.7 Volvo
  8.7.1 Volvo Comapny Information
  8.7.2 Volvo Business Overview
  8.7.3 Volvo Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.7.4 Volvo Heavy Equipment Product Portfolio
  8.7.5 Volvo Recent Developments
8.8 Liebherr
  8.8.1 Liebherr Comapny Information
  8.8.2 Liebherr Business Overview
  8.8.3 Liebherr Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.8.4 Liebherr Heavy Equipment Product Portfolio
  8.8.5 Liebherr Recent Developments
8.9 Daimler
  8.9.1 Daimler Comapny Information
  8.9.2 Daimler Business Overview
  8.9.3 Daimler Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.9.4 Daimler Heavy Equipment Product Portfolio
  8.9.5 Daimler Recent Developments
8.10 Doosan
  8.10.1 Doosan Comapny Information
  8.10.2 Doosan Business Overview
  8.10.3 Doosan Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.10.4 Doosan Heavy Equipment Product Portfolio
  8.10.5 Doosan Recent Developments
8.11 SANY Group
  8.11.1 SANY Group Comapny Information
  8.11.2 SANY Group Business Overview
  8.11.3 SANY Group Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.11.4 SANY Group Heavy Equipment Product Portfolio
  8.11.5 SANY Group Recent Developments
8.12 JCB
  8.12.1 JCB Comapny Information
  8.12.2 JCB Business Overview
  8.12.3 JCB Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.12.4 JCB Heavy Equipment Product Portfolio
  8.12.5 JCB Recent Developments
8.13 Terex
  8.13.1 Terex Comapny Information
  8.13.2 Terex Business Overview
  8.13.3 Terex Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.13.4 Terex Heavy Equipment Product Portfolio
  8.13.5 Terex Recent Developments
8.14 Zoomlion
  8.14.1 Zoomlion Comapny Information
  8.14.2 Zoomlion Business Overview
  8.14.3 Zoomlion Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.14.4 Zoomlion Heavy Equipment Product Portfolio
  8.14.5 Zoomlion Recent Developments
8.15 Liugong
  8.15.1 Liugong Comapny Information
  8.15.2 Liugong Business Overview
  8.15.3 Liugong Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.15.4 Liugong Heavy Equipment Product Portfolio
  8.15.5 Liugong Recent Developments
8.16 Weichai
  8.16.1 Weichai Comapny Information
  8.16.2 Weichai Business Overview
  8.16.3 Weichai Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.16.4 Weichai Heavy Equipment Product Portfolio
  8.16.5 Weichai Recent Developments
8.17 Sinotruk
  8.17.1 Sinotruk Comapny Information
  8.17.2 Sinotruk Business Overview
  8.17.3 Sinotruk Heavy Equipment Sales, Value and Gross Margin (2019-2024)
  8.17.4 Sinotruk Heavy Equipment Product Portfolio
  8.17.5 Sinotruk Recent Developments

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS

9.1 Heavy Equipment Value Chain Analysis
  9.1.1 Heavy Equipment Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Manufacturing Cost Structure
  9.1.4 Heavy Equipment Sales Mode & Process
9.2 Heavy Equipment Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Heavy Equipment Distributors
  9.2.3 Heavy Equipment Customers

10 CONCLUDING INSIGHTS

11 APPENDIX

11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
  11.5.1 Secondary Sources
  11.5.2 Primary Sources
11.6 Disclaimer


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