Worldwide Construction Equipment Market Forecast 2025–2033

The global Construction Equipment Market is projected to surge from $147.3 billion in 2024 to $253.8 billion by 2033, registering a robust CAGR of 6.1% over the forecast period. Market expansion is primarily fueled by the accelerating adoption of smart construction technologies, the integration of automated and intelligent machinery, and the sustained momentum of the global infrastructure renaissance. Strategic regions such as North America, Europe, and Asia-Pacific are witnessing record-breaking investments in large-scale urban development—including smart city initiatives, transportation upgrades, and public-private partnerships—driving substantial demand across the construction equipment value chain.