Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 93 Pages
Report ld: 4222344
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Earthmoving Equipment Market Size(US$)

CAGR 2025-2031
11.6%
Market Size,2031
USD 275,520
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Earthmoving Equipment was valued at US$ 129130 million in the year 2024 and is projected to reach a revised size of US$ 275520 million by 2031, growing at a CAGR of 11.6% during the forecast period.
Earthmoving Equipment is heavy equipment, typically heavy-duty vehicles designed for construction operations which involve earthworks.
According to our “Construction Machinery” research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. China"s construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our “Construction Machinery” research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Earthmoving 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 Earthmoving Equipment.
The Earthmoving Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Earthmoving 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.
The report will help the Earthmoving Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Earthmoving Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Earthmoving Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Earthmoving Equipment in 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: 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 Earthmoving Equipment Market Overview
1.1 Product Definition
1.2 Earthmoving Equipment by Type
1.2.1 Global Earthmoving Equipment Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Excavators
1.2.3 Loaders
1.2.4 Others
1.3 Earthmoving Equipment by Application
1.3.1 Global Earthmoving Equipment Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Construction
1.3.3 Mining
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Earthmoving Equipment Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Earthmoving Equipment Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Earthmoving Equipment Production Estimates and Forecasts (2020-2031)
1.4.4 Global Earthmoving Equipment Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Earthmoving Equipment Production Market Share by Manufacturers (2020-2025)
2.2 Global Earthmoving Equipment Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Earthmoving Equipment, Industry Ranking, 2023 VS 2024
2.4 Global Earthmoving Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Earthmoving Equipment Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Earthmoving Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Earthmoving Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Earthmoving Equipment, Date of Enter into This Industry
2.9 Earthmoving Equipment Market Competitive Situation and Trends
2.9.1 Earthmoving Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Earthmoving Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Earthmoving Equipment Production by Region
3.1 Global Earthmoving Equipment Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Earthmoving Equipment Production Value by Region (2020-2031)
3.2.1 Global Earthmoving Equipment Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Earthmoving Equipment by Region (2026-2031)
3.3 Global Earthmoving Equipment Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Earthmoving Equipment Production Volume by Region (2020-2031)
3.4.1 Global Earthmoving Equipment Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Earthmoving Equipment by Region (2026-2031)
3.5 Global Earthmoving Equipment Market Price Analysis by Region (2020-2025)
3.6 Global Earthmoving Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Earthmoving Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Earthmoving Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Earthmoving Equipment Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Earthmoving Equipment Production Value Estimates and Forecasts (2020-2031)
4 Earthmoving Equipment Consumption by Region
4.1 Global Earthmoving Equipment Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Earthmoving Equipment Consumption by Region (2020-2031)
4.2.1 Global Earthmoving Equipment Consumption by Region (2020-2025)
4.2.2 Global Earthmoving Equipment Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Earthmoving Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Earthmoving Equipment Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Earthmoving Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Earthmoving Equipment Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Earthmoving Equipment Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Earthmoving Equipment Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Earthmoving Equipment Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Earthmoving Equipment Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Earthmoving Equipment Production by Type (2020-2031)
5.1.1 Global Earthmoving Equipment Production by Type (2020-2025)
5.1.2 Global Earthmoving Equipment Production by Type (2026-2031)
5.1.3 Global Earthmoving Equipment Production Market Share by Type (2020-2031)
5.2 Global Earthmoving Equipment Production Value by Type (2020-2031)
5.2.1 Global Earthmoving Equipment Production Value by Type (2020-2025)
5.2.2 Global Earthmoving Equipment Production Value by Type (2026-2031)
5.2.3 Global Earthmoving Equipment Production Value Market Share by Type (2020-2031)
5.3 Global Earthmoving Equipment Price by Type (2020-2031)
6 Segment by Application
6.1 Global Earthmoving Equipment Production by Application (2020-2031)
6.1.1 Global Earthmoving Equipment Production by Application (2020-2025)
6.1.2 Global Earthmoving Equipment Production by Application (2026-2031)
6.1.3 Global Earthmoving Equipment Production Market Share by Application (2020-2031)
6.2 Global Earthmoving Equipment Production Value by Application (2020-2031)
6.2.1 Global Earthmoving Equipment Production Value by Application (2020-2025)
6.2.2 Global Earthmoving Equipment Production Value by Application (2026-2031)
6.2.3 Global Earthmoving Equipment Production Value Market Share by Application (2020-2031)
6.3 Global Earthmoving Equipment Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Caterpillar
7.1.1 Caterpillar Earthmoving Equipment Company Information
7.1.2 Caterpillar Earthmoving Equipment Product Portfolio
7.1.3 Caterpillar Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Caterpillar Main Business and Markets Served
7.1.5 Caterpillar Recent Developments/Updates
7.2 Komatsu
7.2.1 Komatsu Earthmoving Equipment Company Information
7.2.2 Komatsu Earthmoving Equipment Product Portfolio
7.2.3 Komatsu Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Komatsu Main Business and Markets Served
7.2.5 Komatsu Recent Developments/Updates
7.3 Hitachi
7.3.1 Hitachi Earthmoving Equipment Company Information
7.3.2 Hitachi Earthmoving Equipment Product Portfolio
7.3.3 Hitachi Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Hitachi Main Business and Markets Served
7.3.5 Hitachi Recent Developments/Updates
7.4 Volvo
7.4.1 Volvo Earthmoving Equipment Company Information
7.4.2 Volvo Earthmoving Equipment Product Portfolio
7.4.3 Volvo Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Volvo Main Business and Markets Served
7.4.5 Volvo Recent Developments/Updates
7.5 John Deere
7.5.1 John Deere Earthmoving Equipment Company Information
7.5.2 John Deere Earthmoving Equipment Product Portfolio
7.5.3 John Deere Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.5.4 John Deere Main Business and Markets Served
7.5.5 John Deere Recent Developments/Updates
7.6 Liebherr
7.6.1 Liebherr Earthmoving Equipment Company Information
7.6.2 Liebherr Earthmoving Equipment Product Portfolio
7.6.3 Liebherr Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Liebherr Main Business and Markets Served
7.6.5 Liebherr Recent Developments/Updates
7.7 CNH
7.7.1 CNH Earthmoving Equipment Company Information
7.7.2 CNH Earthmoving Equipment Product Portfolio
7.7.3 CNH Earthmoving Equipment Production, Value, Price and Gross Margin (2020-2025)
7.7.4 CNH Main Business and Markets Served
7.7.5 CNH Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Earthmoving Equipment Industry Chain Analysis
8.2 Earthmoving Equipment Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Earthmoving Equipment Production Mode & Process Analysis
8.4 Earthmoving Equipment Sales and Marketing
8.4.1 Earthmoving Equipment Sales Channels
8.4.2 Earthmoving Equipment Distributors
8.5 Earthmoving Equipment Customer Analysis
9 Earthmoving Equipment Market Dynamics
9.1 Earthmoving Equipment Industry Trends
9.2 Earthmoving Equipment Market Drivers
9.3 Earthmoving Equipment Market Challenges
9.4 Earthmoving Equipment Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Earthmoving Equipment market was valued at US$ 142610 million in 2025 and is anticipated to reach US$ 304280 million by 2032, at a CAGR of 11.6% from 2026 to 2032.
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The global Earthmoving Equipment market is projected to grow from US$ 129130 million in 2024 to US$ 275520 million by 2031, at a CAGR of 11.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-30
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The global Earthmoving Equipment market size was US$ 129130 million in 2024 and is forecast to a readjusted size of US$ 275520 million by 2031 with a CAGR of 11.6% during the forecast period 2025-2031.
Published: 2025-02-25
Pages: 78
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Published: 2025-02-25
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Earthmoving Equipment is heavy equipment, typically heavy-duty vehicles designed for construction operations which involve earthworks.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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