North America Heavy-Duty Construction Equipment Market 2025-235

Description

List of Tables

North America Heavy-Duty Construction Equipment Market Size, Share & Trends Analysis Report by Machinery Type (Earth Moving Equipment (Cranes, Loader & Backhoe, Telescopic Handlers, Excavators, and Others), Material Handling Equipment (Hoists, Conveyors, Forklifts, and Others), and Other Construction Equipment (Concrete Mixers, Road Rollers, Stone Crushers, Dumpers, Tippers & Trailers, and Others), by Application (Excavation & Demolition, Heavy Lifting, Handling, Transportation, Recycling & Waste Management, and Others), and by Industry (Construction & Infrastructure, Manufacturing, Mining, and Others (Oil & Gas)), Forecast Period (2025-2035)

Industry Overview

North America heavy-duty construction equipment market was valued at $63.1 billion in 2024 and is projected to reach $104.1 billion by 2035, growing at a CAGR of 4.7% during the forecast period (2025-2035). The heavy-duty construction equipment market in North America is witnessing steady expansion, supported by rising investments in large-scale infrastructure projects. Governments and private developers are increasing spending on transportation networks, energy facilities, and urban development. Demand for advanced machinery such as excavators, loaders, and articulated trucks is driving equipment modernization across the region. Manufacturers are also integrating digital monitoring systems and fuel-efficient engines to enhance productivity and meet regulatory standards. The growing shift toward rental services is widening access to high-value machinery for contractors.

Market Dynamics

Rising Adoption of Earth-Moving Machinery

The demand for earth-moving equipment is increasing as construction and mining projects expand across North America. Bulldozers, excavators, and wheel loaders are being deployed to improve operational efficiency and meet tight project schedules. Volvo Construction Equipment North America, Inc. offers advanced excavators and articulated haulers designed for high productivity in challenging terrain. Contractors are focusing on machinery that combines durability with fuel efficiency to reduce operational costs. The trend is particularly strong in infrastructure and urban development initiatives. As projects grow in scale and complexity, the reliance on high-performance earth-moving machinery continues to rise.

Growth Driven by Infrastructure and Urban Development

Investment in roads, bridges, commercial buildings, and industrial facilities is creating sustained demand for heavy-duty construction equipment. Equipment with enhanced load capacity, precision, and safety features is critical for efficient project execution. CNH Industrial N.V. (Case Construction Equipment & New Holland Construction) supplies a wide range of graders, wheel loaders, and excavators for such applications. Public-private partnerships in urban and transportation development are accelerating procurement cycles. Contractors increasingly prefer versatile machinery that supports multiple construction applications. This trend underscores the link between infrastructure growth and the evolving requirements of the heavy-duty equipment market.

Market Segmentation

Based on the machinery type, the market is segmented into earth-moving equipment (cranes, loaders & backhoes, telescopic handlers, excavators, and others), material handling equipment (hoists, conveyors, forklifts, and others), and other construction equipment (concrete mixers, road rollers, stone crushers, dumpers, tippers & trailers, and others).
Based on the application, the market is segmented into excavation & demolition, heavy lifting, handling, transportation, recycling & waste management, and others.
Based on the Industry, the market is segmented into construction & infrastructure, manufacturing, mining, and others (oil & gas).

Earth-Moving Machinery Segment to Lead the Market with the Largest Share

The North America heavy-duty construction equipment market is expanding as demand for earth-moving machinery rises across mining, roadwork, and large-scale construction projects. Equipment such as excavators, bulldozers, and wheel loaders is increasingly sought to improve operational efficiency and reduce project timelines. Caterpillar Inc. offers a wide range of earth-moving machinery designed to handle challenging terrains while maintaining fuel efficiency. Contractors and construction firms are upgrading fleets to meet stringent performance standards. Rising infrastructure investments are further boosting the procurement of advanced earth-moving equipment. This trend emphasizes the central role of specialized machinery in regional construction growth.

Construction And Infrastructure: A Key Segment in Market Growth

Infrastructure and urban development projects are major drivers of market growth, creating demand for versatile and heavy-duty construction equipment. Deere & Company (John Deere) provides excavators, graders, and loaders tailored for highway, bridge, and commercial building projects. Public and private investment in roads, airports, and industrial facilities is accelerating equipment deployment. The need for machinery that supports efficiency, durability, and safety is fostering adoption across multiple sectors. Contractors are increasingly relying on technologically advanced equipment to reduce labor costs and project durations. This dynamic reflects the critical link between infrastructure expansion and equipment demand in North America.

Regional Outlook

North America heavy-duty construction equipment market is further divided by countries, including the US and Canada.

US Dominates the Market with Major Share

The US heavy-duty construction equipment segment is strengthening as domestic construction activity rises across commercial, industrial, and energy sectors. Komatsu America Corp. supplies advanced machinery, including hydraulic excavators and rigid-frame trucks, optimized for high productivity and reliability. Adoption of equipment with telematics and fuel-saving technologies is becoming widespread among contractors. Government programs promoting road repair and energy infrastructure are further stimulating equipment purchases. The growing preference for equipment rental models is making high-value machinery more accessible. These developments position the U.S. market as a leading contributor to the broader North American construction equipment growth trajectory.

Market Players Outlook

The major companies operating in the North America heavy-duty construction equipment market include Caterpillar Inc., CNH Industrial N.V., Deere & Company (John Deere), Komatsu America Corp. (Komatsu Ltd.), Volvo Construction Equipment North America, Inc., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.

Recent Developments

In June 2025, Volvo Construction Equipment announced a major expansion of its production capacity in Shippensburg, Pennsylvania. The expansion allows the launch and manufacturing of medium and large excavators and four models of large wheel loaders for North America, providing shorter lead times and more responsive support to regional contractors. The move includes investments in advanced automation and capacity upgrades at their US facility.
In February 2025, Caterpillar introduced several new heavy-duty machines at Bauma 2025, including the new 330 UHD Ultra High Demolition Hydraulic Excavator equipped with enhanced stability monitoring, and the Cat 775 off-highway truck designed with future-ready autonomous hauling capabilities. These launches focus on improved operator safety, automation, and machine versatility for demanding construction and mining environments.
In January 2025, Kubota Canada kicked off 2025 with the launch of three new heavy-duty machines: the U17-5 zero-tail swing compact excavator, KX040-5 compact excavator, and SVL97-3 compact track loader. These models feature enhanced power, improved hydraulics, and operator comfort upgrades, and are now available across Canadian dealers.

The Report Covers:

Market value data analysis of 2024 and forecast to 2035.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the North America heavy-duty construction equipment market. Based on the availability of data, information related to new products and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2023601

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
North America Heavy-Duty Construction Equipment Market Sales Analysis - Machinery Type | Application | Industry | ($ Million)
North America Heavy-Duty Construction Equipment Market Sales Performance of Top Countries
1.1. Research Methodology
Primary Research Approach
Secondary Research Approach
1.2. Market Snapshot

2. Market Overview and Insights

2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key North America Heavy-Duty Construction Equipment Industry Trends
- 2.2.2. Market Recommendations

3. Market Determinants

3.1. Market Drivers
- 3.1.1. Drivers For North America Heavy-Duty Construction Equipment Market: Impact Analysis
3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For North America Heavy-Duty Construction Equipment Market: Impact Analysis
3.3. Market Opportunities

4. Competitive Landscape

4.1. Competitive Dashboard - North America Heavy-Duty Construction Equipment Market Revenue and Share by Manufacturers
Heavy-Duty Construction Equipment Product Comparison Analysis
Top Market Player Ranking Matrix
4.2. Key Company Analysis
- 4.2.1. Caterpillar Inc.
  - 4.2.1.1. Overview
  - 4.2.1.2. Product Portfolio
  - 4.2.1.3. Financial Analysis (Subject to Data Availability)
  - 4.2.1.4. SWOT Analysis
  - 4.2.1.5. Business Strategy
- 4.2.2. CNH Industrial N.V.
  - 4.2.2.1. Overview
  - 4.2.2.2. Product Portfolio
  - 4.2.2.3. Financial Analysis (Subject to Data Availability)
  - 4.2.2.4. SWOT Analysis
  - 4.2.2.5. Business Strategy
- 4.2.3. Deere & Company (John Deere)
  - 4.2.3.1. Overview
  - 4.2.3.2. Product Portfolio
  - 4.2.3.3. Financial Analysis (Subject to Data Availability)
  - 4.2.3.4. SWOT Analysis
  - 4.2.3.5. Business Strategy
- 4.2.4. Komatsu America Corp. (Komatsu Ltd.)
  - 4.2.4.1. Overview
  - 4.2.4.2. Product Portfolio
  - 4.2.4.3. Financial Analysis (Subject to Data Availability)
  - 4.2.4.4. SWOT Analysis
  - 4.2.4.5. Business Strategy
- 4.2.5. Volvo Construction Equipment North America, Inc.
  - 4.2.5.1. Overview
  - 4.2.5.2. Product Portfolio
  - 4.2.5.3. Financial Analysis (Subject to Data Availability)
  - 4.2.5.4. SWOT Analysis
  - 4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration

5. North America Heavy-Duty Construction Equipment Market Sales Analysis by Machinery Type ($ Million)

5.1. Earth Moving Equipment
- 5.1.1. Cranes
- 5.1.2. Loader & Backhoe
- 5.1.3. Telescopic Handlers
- 5.1.4. Excavators
- 5.1.5. Others (Graders, Trencher)
5.2. Material Handling Equipment
- 5.2.1. Hoists
- 5.2.2. Conveyors
- 5.2.3. Forklifts
- 5.2.4. Others (Industrial Trucks)
5.3. Other Construction Equipment
- 5.3.1. Concrete Mixers
- 5.3.2. Road Rollers
- 5.3.3. Stone Crushers
- 5.3.4. Dumpers
- 5.3.5. Tippers & Trailers
- 5.3.6. Others (Slurry Seal Machines)

6. North America Heavy-Duty Construction Equipment Market Sales Analysis by Applications ($ Million)

6.1. Excavation & Demolition
6.2. Heavy Lifting
6.3. Handling
6.4. Transportation
6.5. Recycling & Waste Management
6.6. Others (Tunneling)

7. North America Heavy-Duty Construction Equipment Market Sales Analysis by Industry ($ Million)

7.1. Construction & Infrastructure
7.2. Manufacturing
7.3. Mining
7.4. Others (Oil & Gas)

8. Regional Analysis

8.1. North America Heavy-Duty Construction Equipment Market Sales Analysis - Machinery Type | Application | Industry | Country ($ Million)
Macroeconomic Factors for North America
- 8.1.1. US
- 8.1.2. Canada

9. Company Profiles

9.1. Astec Industries, Inc.
- 9.1.1. Quick Facts
- 9.1.2. Company Overview
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategies
9.2. Bell Equipment North America, Inc.
- 9.2.1. Quick Facts
- 9.2.2. Company Overview
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategies
9.3. Caterpillar Inc.
- 9.3.1. Quick Facts
- 9.3.2. Company Overview
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategies
9.4. CNH Industrial N.V.
- 9.4.1. Quick Facts
- 9.4.2. Company Overview
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategies
9.5. Deere & Company (John Deere)
- 9.5.1. Quick Facts
- 9.5.2. Company Overview
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategies
9.6. Doosan Infracore North America, LLC
- 9.6.1. Quick Facts
- 9.6.2. Company Overview
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategies
9.7. Gradall Industries, Inc.
- 9.7.1. Quick Facts
- 9.7.2. Company Overview
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategies
9.8. Hitachi Construction Machinery Americas Inc.
- 9.8.1. Quick Facts
- 9.8.2. Company Overview
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategies
9.9. Hyundai Construction Equipment Americas, Inc.
- 9.9.1. Quick Facts
- 9.9.2. Company Overview
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategies
9.10. JCB Inc.
- 9.10.1. Quick Facts
- 9.10.2. Company Overview
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategies
9.11. Komatsu America Corp. (Komatsu Ltd.)
- 9.11.1. Quick Facts
- 9.11.2. Company Overview
- 9.11.3. Product Portfolio
- 9.11.4. Business Strategies
9.12. Kubota Tractor Corp.
- 9.12.1. Quick Facts
- 9.12.2. Company Overview
- 9.12.3. Product Portfolio
- 9.12.4. Business Strategies
9.13. Liebherr USA, Co. (Liebherr Group)
- 9.13.1. Quick Facts
- 9.13.2. Company Overview
- 9.13.3. Product Portfolio
- 9.13.4. Business Strategies
9.14. Manitou North America, Inc. (Manitou Group)
- 9.14.1. Quick Facts
- 9.14.2. Company Overview
- 9.14.3. Product Portfolio
- 9.14.4. Business Strategies
9.15. SANY America, Inc. (SANY Group)
- 9.15.1. Quick Facts
- 9.15.2. Company Overview
- 9.15.3. Product Portfolio
- 9.15.4. Business Strategies
9.16. Skyjack Inc. (Linamar Corp.)
- 9.16.1. Quick Facts
- 9.16.2. Company Overview
- 9.16.3. Product Portfolio
- 9.16.4. Business Strategies
9.17. Takeuchi Manufacturing (U.S.) Ltd.
- 9.17.1. Quick Facts
- 9.17.2. Company Overview
- 9.17.3. Product Portfolio
- 9.17.4. Business Strategies
9.18. Terex Corp.
- 9.18.1. Quick Facts
- 9.18.2. Company Overview
- 9.18.3. Product Portfolio
- 9.18.4. Business Strategies
9.19. Volvo Construction Equipment North America, Inc.
- 9.19.1. Quick Facts
- 9.19.2. Company Overview
- 9.19.3. Product Portfolio
- 9.19.4. Business Strategies
9.20. Wirtgen America, Inc.
- 9.20.1. Quick Facts
- 9.20.2. Company Overview
- 9.20.3. Product Portfolio
- 9.20.4. Business Strategies