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Global Heavy Equipment Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 119 pages | ID: GEFBE15FCB69EN
APO Research

US$ 3,450.00

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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 was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heavy Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heavy Equipment.

The Heavy Equipment market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heavy Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • 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
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 volume 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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

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

Chapter 4: Sales, revenue of Heavy Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Heavy Equipment Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Heavy Equipment Sales Estimates and Forecasts (2019-2030)
1.3 Heavy Equipment Market by Type
  1.3.1 Excavators
  1.3.2 Wheel Loaders
  1.3.3 Bulldozers
  1.3.4 Dump Truck
  1.3.5 Others
1.4 Global Heavy Equipment Market Size by Type
  1.4.1 Global Heavy Equipment Market Size Overview by Type (2019-2030)
  1.4.2 Global Heavy Equipment Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Heavy Equipment Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Heavy Equipment Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Heavy Equipment Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Heavy Equipment Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Heavy Equipment Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Heavy Equipment Sales Breakdown by Type (2019-2024)

2 GLOBAL 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 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Heavy Equipment Revenue (2019-2024)
3.2 Global Top Players by Heavy Equipment Sales (2019-2024)
3.3 Global Top Players by Heavy Equipment Price (2019-2024)
3.4 Global Heavy Equipment Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Heavy Equipment Key Company Manufacturing Sites & Headquarters
3.6 Global Heavy Equipment Company, Product Type & Application
3.7 Global Heavy Equipment Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Heavy Equipment Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Heavy Equipment Players Market Share by Revenue in 2023
  3.8.3 2023 Heavy Equipment Tier 1, Tier 2, and Tier

4 HEAVY EQUIPMENT REGIONAL STATUS AND OUTLOOK

4.1 Global Heavy Equipment Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Heavy Equipment Historic Market Size by Region
  4.2.1 Global Heavy Equipment Sales in Volume by Region (2019-2024)
  4.2.2 Global Heavy Equipment Sales in Value by Region (2019-2024)
  4.2.3 Global Heavy Equipment Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Heavy Equipment Forecasted Market Size by Region
  4.3.1 Global Heavy Equipment Sales in Volume by Region (2025-2030)
  4.3.2 Global Heavy Equipment Sales in Value by Region (2025-2030)
  4.3.3 Global Heavy Equipment Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 HEAVY EQUIPMENT BY APPLICATION

5.1 Heavy Equipment Market by Application
  5.1.1 Construction
  5.1.2 Mining
  5.1.3 Agriculture
5.2 Global Heavy Equipment Market Size by Application
  5.2.1 Global Heavy Equipment Market Size Overview by Application (2019-2030)
  5.2.2 Global Heavy Equipment Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Heavy Equipment Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Heavy Equipment Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Heavy Equipment Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Heavy Equipment Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Heavy Equipment Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Heavy Equipment Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Caterpillar
  6.1.1 Caterpillar Comapny Information
  6.1.2 Caterpillar Business Overview
  6.1.3 Caterpillar Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Caterpillar Heavy Equipment Product Portfolio
  6.1.5 Caterpillar Recent Developments
6.2 John Deere
  6.2.1 John Deere Comapny Information
  6.2.2 John Deere Business Overview
  6.2.3 John Deere Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 John Deere Heavy Equipment Product Portfolio
  6.2.5 John Deere Recent Developments
6.3 KOMATSU
  6.3.1 KOMATSU Comapny Information
  6.3.2 KOMATSU Business Overview
  6.3.3 KOMATSU Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 KOMATSU Heavy Equipment Product Portfolio
  6.3.5 KOMATSU Recent Developments
6.4 CNH Industrial
  6.4.1 CNH Industrial Comapny Information
  6.4.2 CNH Industrial Business Overview
  6.4.3 CNH Industrial Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 CNH Industrial Heavy Equipment Product Portfolio
  6.4.5 CNH Industrial Recent Developments
6.5 Kubota
  6.5.1 Kubota Comapny Information
  6.5.2 Kubota Business Overview
  6.5.3 Kubota Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 Kubota Heavy Equipment Product Portfolio
  6.5.5 Kubota Recent Developments
6.6 Hitachi
  6.6.1 Hitachi Comapny Information
  6.6.2 Hitachi Business Overview
  6.6.3 Hitachi Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Hitachi Heavy Equipment Product Portfolio
  6.6.5 Hitachi Recent Developments
6.7 Volvo
  6.7.1 Volvo Comapny Information
  6.7.2 Volvo Business Overview
  6.7.3 Volvo Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Volvo Heavy Equipment Product Portfolio
  6.7.5 Volvo Recent Developments
6.8 Liebherr
  6.8.1 Liebherr Comapny Information
  6.8.2 Liebherr Business Overview
  6.8.3 Liebherr Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Liebherr Heavy Equipment Product Portfolio
  6.8.5 Liebherr Recent Developments
6.9 Daimler
  6.9.1 Daimler Comapny Information
  6.9.2 Daimler Business Overview
  6.9.3 Daimler Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Daimler Heavy Equipment Product Portfolio
  6.9.5 Daimler Recent Developments
6.10 Doosan
  6.10.1 Doosan Comapny Information
  6.10.2 Doosan Business Overview
  6.10.3 Doosan Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Doosan Heavy Equipment Product Portfolio
  6.10.5 Doosan Recent Developments
6.11 SANY Group
  6.11.1 SANY Group Comapny Information
  6.11.2 SANY Group Business Overview
  6.11.3 SANY Group Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 SANY Group Heavy Equipment Product Portfolio
  6.11.5 SANY Group Recent Developments
6.12 JCB
  6.12.1 JCB Comapny Information
  6.12.2 JCB Business Overview
  6.12.3 JCB Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 JCB Heavy Equipment Product Portfolio
  6.12.5 JCB Recent Developments
6.13 Terex
  6.13.1 Terex Comapny Information
  6.13.2 Terex Business Overview
  6.13.3 Terex Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Terex Heavy Equipment Product Portfolio
  6.13.5 Terex Recent Developments
6.14 Zoomlion
  6.14.1 Zoomlion Comapny Information
  6.14.2 Zoomlion Business Overview
  6.14.3 Zoomlion Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.14.4 Zoomlion Heavy Equipment Product Portfolio
  6.14.5 Zoomlion Recent Developments
6.15 Liugong
  6.15.1 Liugong Comapny Information
  6.15.2 Liugong Business Overview
  6.15.3 Liugong Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.15.4 Liugong Heavy Equipment Product Portfolio
  6.15.5 Liugong Recent Developments
6.16 Weichai
  6.16.1 Weichai Comapny Information
  6.16.2 Weichai Business Overview
  6.16.3 Weichai Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.16.4 Weichai Heavy Equipment Product Portfolio
  6.16.5 Weichai Recent Developments
6.17 Sinotruk
  6.17.1 Sinotruk Comapny Information
  6.17.2 Sinotruk Business Overview
  6.17.3 Sinotruk Heavy Equipment Sales, Revenue and Gross Margin (2019-2024)
  6.17.4 Sinotruk Heavy Equipment Product Portfolio
  6.17.5 Sinotruk Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Heavy Equipment Sales by Country
  7.1.1 North America Heavy Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Heavy Equipment Sales by Country (2019-2024)
  7.1.3 North America Heavy Equipment Sales Forecast by Country (2025-2030)
7.2 North America Heavy Equipment Market Size by Country
  7.2.1 North America Heavy Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Heavy Equipment Market Size by Country (2019-2024)
  7.2.3 North America Heavy Equipment Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Heavy Equipment Sales by Country
  8.1.1 Europe Heavy Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Heavy Equipment Sales by Country (2019-2024)
  8.1.3 Europe Heavy Equipment Sales Forecast by Country (2025-2030)
8.2 Europe Heavy Equipment Market Size by Country
  8.2.1 Europe Heavy Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Heavy Equipment Market Size by Country (2019-2024)
  8.2.3 Europe Heavy Equipment Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Heavy Equipment Sales by Country
  9.1.1 Asia-Pacific Heavy Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Heavy Equipment Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Heavy Equipment Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Heavy Equipment Market Size by Country
  9.2.1 Asia-Pacific Heavy Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Heavy Equipment Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Heavy Equipment Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Heavy Equipment Sales by Country
  10.1.1 Latin America Heavy Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Heavy Equipment Sales by Country (2019-2024)
  10.1.3 Latin America Heavy Equipment Sales Forecast by Country (2025-2030)
10.2 Latin America Heavy Equipment Market Size by Country
  10.2.1 Latin America Heavy Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Heavy Equipment Market Size by Country (2019-2024)
  10.2.3 Latin America Heavy Equipment Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Heavy Equipment Sales by Country
  11.1.1 Middle East and Africa Heavy Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Heavy Equipment Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Heavy Equipment Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Heavy Equipment Market Size by Country
  11.2.1 Middle East and Africa Heavy Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Heavy Equipment Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Heavy Equipment Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Heavy Equipment Value Chain Analysis
  12.1.1 Heavy Equipment Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Heavy Equipment Production Mode & Process
12.2 Heavy Equipment Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Heavy Equipment Distributors
  12.2.3 Heavy Equipment Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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