Industry: Machinery & Equipment
Published Date: 2024-04-17
Pages: 190 Pages
Report ld: 2696911
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Heavy Equipment Market Size(US$)

CAGR 2024-2030
3.2%
Market Size,2030
USD 643,800
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
The global Heavy Equipment market size was US$ 515050 million in 2023 and is forecast to a readjusted size of US$ 643800 million by 2030 with a CAGR of 3.2% 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.
In terms of production side, this report researches the Heavy Equipment capacity, production, growth rate, market share by manufacturers, region level and country level, from 2019 to 2024, and forecast to 2030.
In terms of sales (consumption) side, this report focuses on the sales of Heavy Equipment by region (Countries), company, type and application. from 2019 to 2024 and forecast to 2030.
The global Heavy Equipment market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by type segment of the global Heavy Equipment market. These figures have been provided in terms of both revenue and volume for the period 2019-2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Heavy Equipment in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Heavy Equipment production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Detailed analysis of Heavy Equipment manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by company, by type, by application and by country, sales, and revenue for each segment.
Chapter 8: Europe by company, by type, by application and by country, sales, and revenue for each segment.
Chapter 9: China by company, by type and by application, sales, and revenue for each segment.
Chapter 10: APAC (excluding China) by company, by type, by application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, and Latin America by company, by type, by application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Heavy Equipment sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Heavy Equipment Definition
1.2 Market by Type
1.2.1 Global Heavy Equipment Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Excavators
1.2.3 Wheel Loaders
1.2.4 Bulldozers
1.2.5 Dump Truck
1.2.6 Others
1.3 Market by Application
1.3.1 Global Heavy Equipment Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Construction
1.3.3 Mining
1.3.4 Agriculture
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Heavy Equipment Sales
2.1 Global Heavy Equipment Revenue Estimates and Forecasts 2019-2030
2.2 Global Heavy Equipment Revenue by Region: 2019 VS 2023 VS 2030
2.3 Global Heavy Equipment Revenue by Region
2.3.1 Global Heavy Equipment Revenue by Region (2019-2024)
2.3.2 Global Heavy Equipment Revenue by Region (2025-2030)
2.4 Global Heavy Equipment Sales Quantity Estimates and Forecasts 2019-2030
2.5 Global Heavy Equipment Sales Quantity by Region: 2019 VS 2023 VS 2030
2.6 Global Heavy Equipment Sales Quantity by Region
2.6.1 Global Heavy Equipment Sales Quantity by Region (2019-2024)
2.6.2 Global Heavy Equipment Sales Quantity by Region (2025-2030)
2.7 North America
2.8 Europe
2.9 China
2.10 APAC (excluding China)
2.11 Middle East, Africa and Latin America
3 Global Production (Based on Production Site)
3.1 Global Heavy Equipment Production Value by Region: 2019 VS 2023 VS 2030
3.2 Global Heavy Equipment Production Value by Region
3.2.1 Global Heavy Equipment Historic Production Value by Region (2019-2024)
3.2.2 Global Heavy Equipment Forecasted Production Value by Region (2025-2030)
3.3 Global Heavy Equipment Production Capacity (2019-2030)
3.4 Global Heavy Equipment Production by Region: 2019 VS 2023 VS 2030
3.5 Global Heavy Equipment Production by Region
3.5.1 Global Heavy Equipment Historic Production by Region (2019-2024)
3.5.2 Global Heavy Equipment Forecasted Production by Region (2025-2030)
3.5.3 North America
3.5.4 Europe
3.5.5 Japan
3.5.6 China
3.5.7 South Korea
3.5.8 India
4 Competition by Manufacturers
4.1 Global Heavy Equipment Sales Quantity by Manufacturers
4.1.1 Global Heavy Equipment Sales Quantity by Manufacturers (2019-2024)
4.1.2 Global Heavy Equipment Sales Quantity Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Companies by Heavy Equipment Sales in 2023
4.2 Global Heavy Equipment Revenue by Manufacturers
4.2.1 Global Heavy Equipment Revenue by Manufacturers (2019-2024)
4.2.2 Global Heavy Equipment Revenue Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Heavy Equipment Revenue in 2023
4.3 Global Heavy Equipment Sales Price by Manufacturers
4.4 Global Key Players of Heavy Equipment, Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Heavy Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Heavy Equipment, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Heavy Equipment, Product Offered and Application
4.8 Global Key Manufacturers of Heavy Equipment, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Estimates and Forecasts by Type
5.1 Global Heavy Equipment Sales Quantity by Type
5.1.1 Global Heavy Equipment Historical Sales Quantity by Type (2019-2024)
5.1.2 Global Heavy Equipment Forecasted Sales Quantity by Type (2025-2030)
5.1.3 Global Heavy Equipment Sales Quantity Market Share by Type (2019-2030)
5.2 Global Heavy Equipment Revenue by Type
5.2.1 Global Heavy Equipment Historical Revenue by Type (2019-2024)
5.2.2 Global Heavy Equipment Forecasted Revenue by Type (2025-2030)
5.2.3 Global Heavy Equipment Revenue Market Share by Type (2019-2030)
5.3 Global Heavy Equipment Price by Type
5.3.1 Global Heavy Equipment Price by Type (2019-2024)
5.3.2 Global Heavy Equipment Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Heavy Equipment Sales Quantity by Application
6.1.1 Global Heavy Equipment Historical Sales Quantity by Application (2019-2024)
6.1.2 Global Heavy Equipment Forecasted Sales Quantity by Application (2025-2030)
6.1.3 Global Heavy Equipment Sales Quantity Market Share by Application (2019-2030)
6.2 Global Heavy Equipment Revenue by Application
6.2.1 Global Heavy Equipment Historical Revenue by Application (2019-2024)
6.2.2 Global Heavy Equipment Forecasted Revenue by Application (2025-2030)
6.2.3 Global Heavy Equipment Revenue Market Share by Application (2019-2030)
6.3 Global Heavy Equipment Price by Application
6.3.1 Global Heavy Equipment Price by Application (2019-2024)
6.3.2 Global Heavy Equipment Price Forecast by Application (2025-2030)
7 North America
7.1 North America Heavy Equipment Sales by Company
7.1.1 North America Heavy Equipment Revenue by Company (2019-2024)
7.1.2 North America Heavy Equipment Sales Quantity by Company (2019-2024)
7.2 North America Heavy Equipment Market Size by Type
7.2.1 North America Heavy Equipment Sales Quantity by Type (2019-2030)
7.2.2 North America Heavy Equipment Revenue by Type (2019-2030)
7.3 North America Heavy Equipment Market Size by Application
7.3.1 North America Heavy Equipment Sales Quantity by Application (2019-2030)
7.3.2 North America Heavy Equipment Revenue by Application (2019-2030)
7.4 North America Heavy Equipment Market Size by Country
7.4.1 North America Heavy Equipment Revenue by Country: 2019 VS 2023 VS 2030
7.4.2 North America Heavy Equipment Revenue by Country (2019-2030)
7.4.3 North America Heavy Equipment Sales Quantity by Country (2019-2030)
7.4.4 U.S.
7.4.5 Canada
8 Europe
8.1 Europe Heavy Equipment Sales by Company
8.1.1 Europe Heavy Equipment Sales Quantity by Company (2019-2024)
8.1.2 Europe Heavy Equipment Revenue by Company (2019-2024)
8.2 Europe Heavy Equipment Market Size by Type
8.2.1 Europe Heavy Equipment Sales Quantity by Type (2019-2030)
8.2.2 Europe Heavy Equipment Revenue by Type (2019-2030)
8.3 Europe Heavy Equipment Market Size by Application
8.3.1 Europe Heavy Equipment Sales Quantity by Application (2019-2030)
8.3.2 Europe Heavy Equipment Revenue by Application (2019-2030)
8.4 Europe Heavy Equipment Market Size by Country
8.4.1 Europe Heavy Equipment Revenue by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Heavy Equipment Revenue by Country (2019-2030)
8.4.3 Europe Heavy Equipment Sales Quantity by Country (2019-2030)
8.4.4 Germany
8.4.5 France
8.4.6 U.K.
8.4.7 Italy
8.4.8 Russia
9 China
9.1 China Heavy Equipment Sales by Company
9.1.1 China Heavy Equipment Sales Quantity by Company (2019-2024)
9.1.2 China Heavy Equipment Revenue by Company (2019-2024)
9.2 China Heavy Equipment Market Size by Type
9.2.1 China Heavy Equipment Sales Quantity by Type (2019-2030)
9.2.2 China Heavy Equipment Revenue by Type (2019-2030)
9.3 China Heavy Equipment Market Size by Application
9.3.1 China Heavy Equipment Sales Quantity by Application (2019-2030)
9.3.2 China Heavy Equipment Revenue by Application (2019-2030)
10 APAC (excluding China)
10.1 APAC Heavy Equipment Sales by Company
10.1.1 APAC Heavy Equipment Sales Quantity by Company (2019-2024)
10.1.2 APAC Heavy Equipment Revenue by Company (2019-2024)
10.2 APAC Heavy Equipment Market Size by Type
10.2.1 APAC Heavy Equipment Sales Quantity by Type (2019-2030)
10.2.2 APAC Heavy Equipment Revenue by Type (2019-2030)
10.3 APAC Heavy Equipment Market Size by Application
10.3.1 APAC Heavy Equipment Sales Quantity by Application (2019-2030)
10.3.2 APAC Heavy Equipment Revenue by Application (2019-2030)
10.4 APAC Heavy Equipment Market Size by Region
10.4.1 APAC Heavy Equipment Revenue by Region: 2019 VS 2023 VS 2030
10.4.2 APAC Heavy Equipment Revenue by Region (2019-2030)
10.4.3 APAC Heavy Equipment Sales Quantity by Region (2019-2030)
10.4.4 Japan
10.4.5 South Korea
10.4.6 China Taiwan
10.4.7 Southeast Asia
10.4.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Heavy Equipment Sales by Company
11.1.1 Middle East, Africa and Latin America Heavy Equipment Sales Quantity by Company (2019-2024)
11.1.2 Middle East, Africa and Latin America Heavy Equipment Revenue by Company (2019-2024)
11.2 Middle East, Africa and Latin America Heavy Equipment Market Size by Type
11.2.1 Middle East, Africa and Latin America Heavy Equipment Sales Quantity by Type (2019-2030)
11.2.2 Middle East, Africa and Latin America Heavy Equipment Revenue by Type (2019-2030)
11.3 Middle East, Africa and Latin America Heavy Equipment Market Size by Application
11.3.1 Middle East, Africa and Latin America Heavy Equipment Sales Quantity by Application (2019-2030)
11.3.2 Middle East, Africa and Latin America Heavy Equipment Revenue by Application (2019-2030)
11.4 Middle East, Africa and Latin America Heavy Equipment Market Size by Country
11.4.1 Middle East, Africa and Latin America Heavy Equipment Revenue by Country: 2019 VS 2023 VS 2030
11.4.2 Middle East, Africa and Latin America Heavy Equipment Revenue by Country (2019-2030)
11.4.3 Middle East, Africa and Latin America Heavy Equipment Sales Quantity by Country (2019-2030)
11.4.4 Brazil
11.4.5 Mexico
11.4.6 Turkey
11.4.7 Israel
11.4.8 GCC Countries
12 Company Profiles
12.1 Caterpillar
12.1.1 Caterpillar Company Information
12.1.2 Caterpillar Overview
12.1.3 Caterpillar Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.1.4 Caterpillar Heavy Equipment Products and Services
12.1.5 Caterpillar Heavy Equipment SWOT Analysis
12.1.6 Caterpillar Recent Developments
12.2 John Deere
12.2.1 John Deere Company Information
12.2.2 John Deere Overview
12.2.3 John Deere Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.2.4 John Deere Heavy Equipment Products and Services
12.2.5 John Deere Heavy Equipment SWOT Analysis
12.2.6 John Deere Recent Developments
12.3 KOMATSU
12.3.1 KOMATSU Company Information
12.3.2 KOMATSU Overview
12.3.3 KOMATSU Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.3.4 KOMATSU Heavy Equipment Products and Services
12.3.5 KOMATSU Heavy Equipment SWOT Analysis
12.3.6 KOMATSU Recent Developments
12.4 CNH Industrial
12.4.1 CNH Industrial Company Information
12.4.2 CNH Industrial Overview
12.4.3 CNH Industrial Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.4.4 CNH Industrial Heavy Equipment Products and Services
12.4.5 CNH Industrial Heavy Equipment SWOT Analysis
12.4.6 CNH Industrial Recent Developments
12.5 Kubota
12.5.1 Kubota Company Information
12.5.2 Kubota Overview
12.5.3 Kubota Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.5.4 Kubota Heavy Equipment Products and Services
12.5.5 Kubota Heavy Equipment SWOT Analysis
12.5.6 Kubota Recent Developments
12.6 Hitachi
12.6.1 Hitachi Company Information
12.6.2 Hitachi Overview
12.6.3 Hitachi Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.6.4 Hitachi Heavy Equipment Products and Services
12.6.5 Hitachi Heavy Equipment SWOT Analysis
12.6.6 Hitachi Recent Developments
12.7 Volvo
12.7.1 Volvo Company Information
12.7.2 Volvo Overview
12.7.3 Volvo Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.7.4 Volvo Heavy Equipment Products and Services
12.7.5 Volvo Heavy Equipment SWOT Analysis
12.7.6 Volvo Recent Developments
12.8 Liebherr
12.8.1 Liebherr Company Information
12.8.2 Liebherr Overview
12.8.3 Liebherr Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.8.4 Liebherr Heavy Equipment Products and Services
12.8.5 Liebherr Heavy Equipment SWOT Analysis
12.8.6 Liebherr Recent Developments
12.9 Daimler
12.9.1 Daimler Company Information
12.9.2 Daimler Overview
12.9.3 Daimler Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.9.4 Daimler Heavy Equipment Products and Services
12.9.5 Daimler Heavy Equipment SWOT Analysis
12.9.6 Daimler Recent Developments
12.10 Doosan
12.10.1 Doosan Company Information
12.10.2 Doosan Overview
12.10.3 Doosan Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.10.4 Doosan Heavy Equipment Products and Services
12.10.5 Doosan Heavy Equipment SWOT Analysis
12.10.6 Doosan Recent Developments
12.11 SANY Group
12.11.1 SANY Group Company Information
12.11.2 SANY Group Overview
12.11.3 SANY Group Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.11.4 SANY Group Heavy Equipment Products and Services
12.11.5 SANY Group Recent Developments
12.12 JCB
12.12.1 JCB Company Information
12.12.2 JCB Overview
12.12.3 JCB Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.12.4 JCB Heavy Equipment Products and Services
12.12.5 JCB Recent Developments
12.13 Terex
12.13.1 Terex Company Information
12.13.2 Terex Overview
12.13.3 Terex Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.13.4 Terex Heavy Equipment Products and Services
12.13.5 Terex Recent Developments
12.14 Zoomlion
12.14.1 Zoomlion Company Information
12.14.2 Zoomlion Overview
12.14.3 Zoomlion Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.14.4 Zoomlion Heavy Equipment Products and Services
12.14.5 Zoomlion Recent Developments
12.15 Liugong
12.15.1 Liugong Company Information
12.15.2 Liugong Overview
12.15.3 Liugong Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.15.4 Liugong Heavy Equipment Products and Services
12.15.5 Liugong Recent Developments
12.16 Weichai
12.16.1 Weichai Company Information
12.16.2 Weichai Overview
12.16.3 Weichai Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.16.4 Weichai Heavy Equipment Products and Services
12.16.5 Weichai Recent Developments
12.17 Sinotruk
12.17.1 Sinotruk Company Information
12.17.2 Sinotruk Overview
12.17.3 Sinotruk Heavy Equipment Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.17.4 Sinotruk Heavy Equipment Products and Services
12.17.5 Sinotruk Recent Developments
13 Value Chain and Sales Channels Analysis
13.1 Heavy Equipment Value Chain Analysis
13.2 Heavy Equipment Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Heavy Equipment Production Mode & Process
13.4 Heavy Equipment Sales and Marketing
13.4.1 Heavy Equipment Sales Channels
13.4.2 Heavy Equipment Distributors
13.5 Heavy Equipment Customers
14 Market Dynamics
14.1 Heavy Equipment Industry Trends
14.2 Heavy Equipment Market Drivers
14.3 Heavy Equipment Market Challenges
14.4 Heavy Equipment Market Restraints
15 Key Findings
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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