Asia Pacific (APAC) Construction Equipment Market (2025-2031) | industry, Size, Share, Growth, Forecast, Revenue, Analysis, Outlook & Trends

Market Forecast By Types (Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications (Construction, Oil & Gas, Mining), By Countries (India, China, Thailand, Malaysia, Japan, Australia, Indonesia, Rest of the Asia Pacific) and competitive landscape

Product Code: ETC131505 Publication Date: Dec 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific (APAC) Construction Equipment Market Size & Growth Rate

According to 6Wresearch internal database and industry insights, the Asia Pacific (APAC) Construction Equipment Market was accounted at USD 235.7 billion in 2024 and projected to reach nearly USD 360.8 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.8% during the forecast period (2025–2031).

Asia Pacific (APAC) Construction Equipment Market Highlights

Report Name Asia Pacific (APAC) Construction Equipment Market
Forecast period 2025–2031
CAGR 7.8%
Growing Sector Infrastructure & Smart Cities

Topics Covered in the Asia Pacific (APAC) Construction Equipment Market Report

Asia Pacific (APAC) Construction Equipment Market report thoroughly covers the market by types, applications, and countries. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics. 

Asia Pacific (APAC) Construction Equipment Market Synopsis

Asia Pacific (APAC) Construction Equipment Market is expected to witness massive transformation over the coming years, underpinned by mega infrastructure corridors, smart city rollouts, and upsurging industrialization across the region. Apart from this, several economies around the region such as China, India, Japan, Australia, and Indonesia are investing heavily in transport corridors, urban transit, and logistics parks—accelerating demand for earthmoving and road construction machinery. Due to rapid growth in urban population as individuals are moving from rural to urban areas, e-commerce–led warehousing, and public works pipelines continue to underpin equipment demand across the region’s diverse landscape.

Evaluation of Growth Drivers in the Asia Pacific (APAC) Construction Equipment Market

Below mentioned some major drivers and their impacts on the market:

Drivers Primary Segments Affected Why It Matters (Evidence)
Infrastructure Development All equipment types Record capital outlays for metro rail, highways, ports, and energy corridors across China, India, Indonesia, and Australia are bolstering procurement of heavy machinery and road equipment.
Urbanization Residential, Commercial, Road Construction High urban migration rates in India, China, and Southeast Asia expand housing, commercial complexes, and public infrastructure—lifting equipment demand.
Industrial Expansion Earthmoving Equipment, Material Handling Manufacturing shifts into APAC and resource projects intensify use of excavators, loaders, forklifts, and site-prep machinery.
Technological Advancements All equipment types GPS/IoT/telematics, automation-ready machines, and advanced hydraulics increase uptime, fuel efficiency, and safety.

Asia Pacific (APAC) Construction Equipment Market is expected to gain traction, registering a CAGR of 7.8% during the forecast period of 2025–2031. Due to significant aspects such as sustained urbanization, multi-country logistics connectivity projects, and rising public–private investments in transportation, energy, and industrial parks, demand for advanced construction machinery is set to expand. Additionally, rising adoption of hybrid powertrains, telematics, operator-assist systems, and fuel-efficient hydraulics is improving total cost of ownership (TCO), further stimulating purchases and fleet renewals across contractors and rental firms.

Evaluation of Restraints in the Asia Pacific (APAC) Construction Equipment Market

Below mentioned are some major restraints and their influence on the market dynamics:

Restraints Primary Segments Affected What This Means (Evidence)
Economic & Currency Volatility All equipment types Cyclical capex and FX swings in emerging APAC (e.g., Southeast Asia) can slow import-heavy purchases and defer large project mobilizations.
Regulatory & Emissions Compliance Diesel-powered equipment Tightening non-road diesel standards (e.g., India CEV Stage V, China NRMM IV) accelerate shift to cleaner technologies, raising upfront costs for OEMs and users.
High Initial Investment Costs All equipment types Increasing initial investment cost for tech-rich machines can be a barrier for SMEs; accelerates demand toward rental and used equipment.
Skilled Labor Shortage All equipment types Shortage of trained operators in fast-growing markets can limit utilization.
Infrastructure Gaps in Remote Areas All equipment types Terrain and logistics restraints in remote regions hinder deployment and spares availability.

Asia Pacific (APAC) Construction Equipment Market Challenges

However, there are number of challenges which could deter the Asia Pacific (APAC) Construction Equipment Market Growth in the long run. For example, uneven macroeconomic cycles and currency pressures can delay procurement and payments. Stricter emissions and safety norms require OEM re-engineering and incremental costs for compliance. In addition, operator and technician shortages increase training overheads and can constrain fleet productivity in peak seasons.

Asia Pacific (APAC) Construction Equipment Market Trends

Numerous emerging trends are shaping the market dynamics, including:

  • Electric and Hybrid Equipment – Environmental and regulatory pressures are prompting OEMs to expand electric mini-excavators, hybrid excavators, and battery scissor lifts to cut emissions and operating costs.
  • Equipment Rental Services – Contractors prefer opex-friendly rental for short-duration jobs, seasonal peaks, and to access high-spec machines without upfront capex—expanding regional rental fleets.
  • Digital Twins & BIM Integration – Jobsite planning increasingly integrates BIM with machine control, enabling faster grading, fewer reworks, and better asset utilization in complex urban projects.
  • Autonomous & Assist Features – 2D/3D grade control, collision-avoidance, and remote monitoring elevate safety and productivity, particularly on large linear projects.
  • Sustainable Construction Practices – Low-emission engines, biofuels, recycled materials handling, and energy-efficient road equipment support ESG targets and public tender criteria.

Investment Opportunities in the Asia Pacific (APAC) Construction Equipment Industry

Several potential investment opportunities in the Asia Pacific (APAC) Construction Equipment Market include:

  • Localized Manufacturing & Supply Chains – Regional component sourcing, CKD/SKD assembly, and remanufacturing hubs can reduce costs and lead times while boosting Revenue.
  • Expansion of Rental Ecosystems – Building multi-country rental networks with telematics-backed fleet optimization to serve SME contractors and government contracts.
  • Electrification & Hybrid Platforms – Investing in R&D and localized battery service networks for electric/hybrid excavators, loaders, and access equipment to capture rising Share.
  • Training, Safety & Certification – Establish operator academies and digital simulators to bridge skills gaps and improve jobsite productivity and compliance.
  • Aftermarket & Uptime Services – Telematics-enabled maintenance contracts, parts e-commerce, and on-site service vans to lock in lifecycle value and recurring Industry revenue.

Top 5 Leading Players in the Asia Pacific (APAC) Construction Equipment Market

Some leading players operating in the market include:

1. Komatsu Ltd.

Company Name Komatsu Ltd.
Establishment Year 1921
Headquarter Tokyo, Japan
Official Website Click here

Komatsu offers a comprehensive portfolio of excavators, bulldozers, wheel loaders, and mining trucks, with strong APAC manufacturing and parts networks. Focus on Smart Construction, telematics (KOMTRAX), and hybrid models enhances market Share and reliability across the region.

2. Hitachi Construction Machinery

Company Name Hitachi Construction Machinery
Establishment Year 1970
Headquarter Tokyo, Japan
Official Website Click here

Hitachi CM is recognized for excavators and mining equipment with advanced hydraulics and ICT solutions. Strong presence in Australia’s mining Industry and Southeast Asia’s urban projects supports steady Market Growth and aftersales Revenue.

3. Sany Group

Company Name Sany Group
Establishment Year 1989
Headquarter Changsha, China
Official Website Click here

Sany has expanded rapidly with competitively priced excavators, cranes, and concrete machinery. Domestic strength in China and growing exports across Southeast Asia and India bolster regional Size and dealer coverage.

4. Hyundai Construction Equipment

Company Name Hyundai Construction Equipment
Establishment Year 1985
Headquarter Seoul, South Korea
Official Website Click here

Hyundai provides excavators, wheel loaders, and lifting solutions. Its APAC strategy emphasizes reliable machines, localized components, and strong technicians’ network to drive fleet uptime and customer loyalty.

5. Caterpillar Inc.

Company Name Caterpillar Inc.
Establishment Year 1925
Headquarter Deerfield, Illinois, United States
Official Website Click here

Caterpillar serves APAC with a broad lineup—earthmoving, paving, and material handling—backed by dense dealer networks and condition-based maintenance services that enhance lifecycle value.

Government Regulations Introduced in the Asia Pacific (APAC) Construction Equipment Market

The governments across Asia Pacific are introducing regulations and initiatives to promote sustainable construction and productivity:

  • India: “PM Gati Shakti” multimodal connectivity plan and Smart Cities Mission prioritize metro rail, logistics hubs, and urban services; non-road equipment aligns with India CEV Stage V emission norms for cleaner fleets.
  • China: “New Infrastructure” (5G, data centers, urban rail) and provincial transit expansions spur advanced machinery use; China IV NRMM emissions push efficient engines and aftertreatment.
  • Australia: Infrastructure Investment Program (national highways, bridges) with environmental assessment standards supports demand for low-emission and fuel-efficient equipment.
  • Indonesia: RPJMN priorities and the new capital city (Nusantara) development catalyze long-horizon investments in roads, utilities, and housing—lifting equipment utilization.

Future Insights of the Asia Pacific (APAC) Construction Equipment Market

Over the coming years, the future of Asia Pacific (APAC) Construction Equipment Industry remains positive with resilient public infrastructure budgets, manufacturing diversification, and logistics build-outs. Apart from this, emphasis on sustainability and digitalization will accelerate adoption of hybrid/electric lines, grade-control systems, and telematics. Besides, the expansion of equipment rental and certified training will reduce capex burdens and address operator shortages in the future years.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

By Types-Earthmoving Equipment to Dominate the Market

According to Dhaval, Research Manager, 6Wresearch, earthmoving equipment—Loaders, Excavators, and Motor Graders—is expected to dominate the Asia Pacific (APAC) Construction Equipment Market Share due to its ubiquity in urban transit corridors, port expansions, industrial parks, and mining pre-stripping. 

By Applications-Construction to Dominate the Market

Construction application will command the largest share, underpinned by smart city programs, metro rail, commercial real estate, data centers, and logistics parks. Oil & Gas capex (LNG, pipelines, downstream) supports specialized lifting and heavy haul, while Mining in Australia, Indonesia, and Mongolia sustains demand for large excavators, dozers, and haul support equipment.

By Countries—China to Dominate the Market

China is projected to hold the largest market share owing to expansive urban rail projects, public housing, and industrial modernization. India follows with strong highway/expressway builds, metros, and logistics connectivity under Gati Shakti. 

Key attractiveness of the report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Asia Pacific Construction Equipment Market Outlook
  • Market Size of Asia Pacific Construction Equipment Market, 2024
  • Forecast of Asia Pacific Construction Equipment Market, 2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues & Volume for the Period 2021-2031
  • Asia Pacific Construction Equipment Market Trend Evolution
  • Asia Pacific Construction Equipment Market Drivers and Challenges
  • Asia Pacific Construction Equipment Price Trends
  • Asia Pacific Construction Equipment Porter's Five Forces
  • Asia Pacific Construction Equipment Industry Life Cycle
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Type for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and Volume by Cranes for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Construction Tractor and Bulldozer for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Earthmoving Equipment for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Aerial Work Equipment for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Material Handling Equipment for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Dump Trucks for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Road Construction Equipment for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Application for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Construction for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Oil and Gas for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Mining for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by key countries for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by India for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by China for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Thailand for the Period 2019 – 2029
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Malaysia for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Japan for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Australia for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Indonesia for the Period 2021-2031
  • Historical Data and Forecast of Asia Pacific Construction Equipment Market Revenues and volume by Rest of the Asia Pacific for the Period 2021-2031
  • Asia Pacific Construction Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Countries
  • Asia Pacific Construction Equipment Top Companies Market Share
  • Asia Pacific Construction Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Asia Pacific Construction Equipment Company Profiles
  • Asia Pacific Construction Equipment Key Strategic Recommendation

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types:

  • Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes)
  • Earthmoving Equipment (Loaders, Excavators, Motor Grader)
  • Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts)
  • Material Handling Equipment (Telescopic Handlers, Forklifts)
  • Road Construction Equipment (Pavers, Road Rollers)
  • Dump Trucks
  • Construction Tractor and Bulldozer

By Applications:

  • Construction
  • Oil & Gas
  • Mining

By Countries:

  • India
  • China
  • Thailand
  • Malaysia
  • Japan
  • Australia
  • Indonesia
  • Rest of the Asia Pacific

Asia Pacific (APAC) Construction Equipment Market (2025-2031): FAQs

The Asia Pacific (APAC) Construction Equipment Market is projected to grow at a CAGR of 7.8% during the forecast period (2025-2031).
Asia Pacific (APAC) Construction Equipment Market was accounted at USD 235.7 billion in 2024 and expected to reach USD 360.8 billion by 2031.
India and Indonesia are poised for the fastest growth due to expressway corridors, metro expansions, and capital relocation, followed by Vietnam and the Philippines.
Key challenges include high capital costs, skills shortages, emissions compliance investments, and logistics/service coverage in remote or archipelagic geographies.
6Wresearch actively monitors the Asia Pacific (APAC) Construction Equipment Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Asia Pacific (APAC) Construction Equipment Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Asia Pacific Construction Equipment Market Overview
3.1 Asia Pacific Macro Economic Indicators
3.2 Asia Pacific Construction Equipment Market Revenues & Volume, 2021&2031F
3.3 Asia Pacific Construction Equipment Market - Industry Life Cycle
3.4 Asia Pacific Construction Equipment Market - Porter's Five Forces
3.5 Asia Pacific Construction Equipment Market Revenues & Volume Share, By Type, 2021&2031F
3.6 Asia Pacific Construction Equipment Market Revenues & Volume Share, By Application, 2021&2031F
3.7 Asia Pacific Construction Equipment Market Revenues & Volume Share, By Countries, 2021&2031F
4 Asia Pacific Construction Equipment Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Asia Pacific Construction Equipment Market Trends
6. Asia Pacific Construction Equipment Market , By Type
6.1 Asia Pacific Construction Equipment Market Revenues & Volume, By Cranes 2021-2031F
6.2 Asia Pacific Construction Equipment Market Revenues & Volume, By Construction Tractor and Bulldozer, 2021-2031F
6.3 Asia Pacific Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2021-2031F
6.4 Asia Pacific Construction Equipment Market Revenues & Volume, By Aerial Work Equipment, 2021-2031F
6.5 Asia Pacific Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2021-2031F
6.6 Asia Pacific Construction Equipment Market Revenues & Volume, By Dump Trucks, 2021-2031F
6.7 Asia Pacific Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2021-2031F
7 Asia Pacific Construction Equipment Market , By Application
7.1 Asia Pacific Construction Equipment Market Revenues & Volume, By Construction, 2021-2031F
7.2 Asia Pacific Construction Equipment Market Revenues & Volume, By Oil and Gas , 2021-2031F
7.3 Asia Pacific Construction Equipment Market Revenues & Volume, By Mining, 2021-2031F
8 Asia Pacific Construction Equipment Market , By Countries
8.1 Asia Pacific Construction Equipment Market Revenues & Volume, By India, 2021-2031F
8.2 Asia Pacific Construction Equipment Market Revenues & Volume, By China 2021-2031F
8.3 Asia Pacific Construction Equipment Market Revenues & Volume, By Thailland, 2021-2031F
8.4 Asia Pacific Construction Equipment Market Revenues & Volume, By Malaysia, 2021-2031F
8.5 Asia Pacific Construction Equipment Market Revenues & Volume, By Japan, 2021-2031F
8.6 Asia Pacific Construction Equipment Market Revenues & Volume, By Australia, 2021-2031F
8.7 Asia Pacific Construction Equipment Market Revenues & Volume, By Indonesia, 2021-2031F
8.8 Asia Pacific Construction Equipment Market Revenues & Volume, By Rest of the Asia Pacific, 2021-2031F
9 Asia Pacific Construction Equipment Market Import-Export Trade Statistics
9.1 Asia Pacific Construction Equipment Market Export to Major Countries
9.2 Asia Pacific Construction Equipment Market Imports from Major Countries
10 Asia Pacific Construction Equipment Market Key Performance Indicators
11 Asia Pacific Construction Equipment Market - Opportunity Assessment
11.1 Asia Pacific Construction Equipment Market Opportunity Assessment, By Type, 2031
11.2 Asia Pacific Construction Equipment Market Opportunity Assessment, By Application, 2031
11.3 Asia Pacific Construction Equipment Market Opportunity Assessment, By Countries, 2031
12 Asia Pacific Construction Equipment Market - Competitive Landscape
12.1 Asia Pacific Construction Equipment Market Revenue Share, By Companies, 2024
12.2 Asia Pacific Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters
13 Company Profiles
14 Recommendations
15 Disclaimer
 

Market Forecast By Types (Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment (Loaders, Excavators, Motor Grader)), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling Equipment (Telescopic Handlers, Forklifts), Road Construction Equipment(Pavers, Road Rollers), Dump Trucks, Construction Tractor and Bulldozer), By Applications (Construction, Oil & Gas, Mining), By Countries (India, China, Thailand, Malaysia, Japan, Australia, Indonesia, Rest of the Asia Pacific) and competitive landscape

Product Code: ETC131505 Publication Date: Jul 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific construction equipment market report comprehensively covers the market by types, applications, and countries including India, China, Japan, Australia, Malaysia, Indonesia, Thailand, and the Rest of Asia Pacific. Asia Pacific construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies accordingly to the current and future market dynamics

Other Related Reports:

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 North America Construction Equipment Market  Africa Construction Equipment Market


Asia Pacific Construction Equipment Market Synopsis

Asia Pacific Construction Equipment Market Growth is driven by numerous transformational infrastructure and construction activities in growing nations. The private and public facility expansion projects for advancing the rural and urban zones in several Asian countries are one of the major aspects leading to a surge in demand for the construction equipment market in the Asia Pacific region. Furthermore, government support, economic constancy, and rising revenue of various nations over the past few years are also the reason for growing the consumption of machinery in the Asia Pacific consumer equipment market.

According to 6wresearch, Asia Pacific (APAC) Construction Equipment Market is anticipated to grow during 2020-2026. The government is investing in the building sector as it is a part of national development and urbanization strategies. The Asia Pacific region is expected to be the largest construction equipment market globally during the forecast period on account of the progressing socio-economic circumstances of countries in developing countries. India construction equipment market is anticipated to surge owing to increase investments in infrastructure activities such as smart cities, metro, highways, and other public facilities. The surging population coupled with rising traffic congestion is driving the development of the market. Moreover, the increase in construction activities across the region is some of the key factors adding to the Asia Pacific Construction Equipment Market Share

Asia Pacific construction equipment market is expected to witness potential growth in the foreseeable future on the back of the growth of the oil & gas and mining industry. Additionally, rising urbanization is leading to an increased population in emerging economies backed by a rise in housing infrastructure which is expected to augment the demand for construction equipment in the coming years. Further, on the basis of the country, China's construction equipment market is estimated to dominate the market share owing to rising investment in residential infrastructure due to the growing urban population and would proliferate the growth of the Asia Pacific construction equipment market in the coming years.

Asia Pacific construction equipment market is estimated to register sound revenues in the upcoming six years on the back of rising infrastructure development. Increased activities in developing better infrastructure tend to improve the public facility by facilitating better roads, dams, and bridges across the region which is estimated to propel significant growth of construction equipment. Additionally, the Indian construction equipment market is anticipated to generate lucrative opportunities in the country owing to the rise in the government initiative in improving rural areas by developing the infrastructure sector. The massive growth and development of rural areas have been creating a favorable impact on the market and would proliferate the substantial growth of the Asia pacific construction equipment market in the upcoming six years.

Asia Pacific construction equipment market is anticipated to register sound revenues in the upcoming six years backed by rising enormous growth of the logistics industry, especially in China and India. This emerging logistic sector has boomed due to the rising expansion of e-commerce platforms and has led to reflects towards the wide delivery of goods in the country. where crane machines help in loading and unloading heavy cartons and are to play a vital role in gaining momentum in the entire Asia Pacific region during the forecast period 2020-26. Further, on the basis of end-users, the marine industry is estimated to support the significant demand for construction equipment like jib cranes and gantry cranes used established like China seaport and Singapore seaport which make the loading process easy and is expected to strengthen the growth of construction equipment market across the region. Increased construction projects in South Korea like the Osiria tourism complex are expected to accelerate construction equipment like bulldozers, graders, trenchers, and loaders. Moreover, rising construction projects and the logistic industry are expected to help Asia pacific economy to grow at the fastest pace and simultaneously give a boost to the optimistic growth of the Asia pacific construction equipment market during the forecast period.

The Asia Pacific construction equipment market is projected to gain traction in the upcoming six years on the back of the rising constructional projects across the region underpinned by the development and betterment of living standards in the developing and developed nations across the region. Further, China Construction Equipment Market is projected to witness progressive growth in the upcoming six years on the back of the rising substantial growth of the residential sector underpinned by rising rural population migration towards urban areas coupled with increased household income which is urging the increased residential construction in the country. Therefore, the emerging construction projects in the residential sector are expected to support the surging demand for construction equipment and are expected to benefit the China construction equipment market seek proliferation in the coming timeframe. Additionally, the rapid increase of urban population is not only leading to increased household construction but also wide awakening the government to invest in the development of other construction as well such as that new hospitals in order to cope with the increased aging population which tends to facilitate adequate treatment in the country which is estimated to increase the robust demand for construction equipment and is expected to bolster the growth of China construction equipment market in the upcoming six years.

The Asia Pacific construction equipment market is estimated to register sound revenues throughout the forecast period 2020-26F backed by the rising ongoing construction projects across the region. Further, on the basis of the country, China construction equipment market is estimated to generate humongous revenues owing to the rising expansion of construction projects in the country due to increased urbanization significantly, whereby construction especially the railway ongoing projects such as the Shanghai urban rail transit expansion, Intercity railway along with the Yangtze, and Wuhan urban rail transit. All these projects are increasing explosive demand for construction equipment and are expected to leave a positive impact on the China construction equipment market and as a result, are expected to benefit the growth of the Asia Pacific construction equipment market.

Market Analysis by Types

Based on types, the earthmoving equipment segment is projected to dominate the APAC construction equipment market owing to its advantages as compared to the traditional method which is very time-consuming, and also due to its high productivity in the market during the forecast period. Moreover, the increasing demand for advanced technology in industrialization by industries is enhancing the usage of material handling equipment in the Asia Pacific construction equipment market in the coming years. 

Market Analysis by countries

On the basis of country, China is expected to lead the market during the upcoming years on account of ongoing mega projects that require a lot of machinery which is further driving the development of the market

 Key Highlights of the Report:

  • Asia Pacific Construction Equipment Market Overview.
  • Asia Pacific Construction Equipment Market Outlook.
  • Historical Data of Asia Pacific Construction Equipment Market Revenues & Volume for the Period 2016-2019.
  • Asia Pacific Construction Equipment Market Size and Asia Pacific Construction Equipment Market Forecast until 2026.
  • Historical Data of Asia Pacific Construction Equipment Market Revenues and Volume, By Types, for the Period 2016-2019
  • Market Size & Forecast of Asia Pacific Construction Equipment Market Revenues and Volume, By Types, until 2026
  • Historical Data of Asia Pacific Construction Equipment Market Revenues and Volume, By Applications, for the Period 2016-2019
  • Market Size & Forecast of Asia Pacific Construction Equipment Market Revenues and Volume, By Applications, until 2026
  • Historical Data of India Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of India Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of China Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of China Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of Thailand Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Thailand Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of Malaysia Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Malaysia Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of Japan Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Japan Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of Australia Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Australia Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of Indonesia Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Indonesia Construction Equipment Market Revenues and Volume, until 2026
  • Historical Data of Rest of Asia Pacific Construction Equipment Market Revenues and Volume, for the Period 2016-2019
  • Market Size & Forecast of Rest of Asia Pacific Construction Equipment Market Revenues and Volume, until 2026
  • Market Drivers and Restraints
  • Asia Pacific Construction Equipment Market Trends and Industry Life Cycle
  • Porter's Five Force Analysis
  • Market Opportunity Assessment
  • Asia Pacific Construction Equipment Market Share, By Players
  • Asia Pacific Construction Equipment Market Share, By Regions
  • Asia Pacific Construction Equipment Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Asia Pacific Construction Equipment Market report provides a detailed analysis of the following market segments:

  • By Types:

    • Cranes
      • Mobile Cranes
      • Crawler Cranes
      • Tower Cranes
    • Earthmoving Equipment
      • Loaders
      • Excavators
      • Motor Grader
    • Aerial Work Equipment
      • Articulated Boom Lifts
      • Telescopic Boom Lifts
      • Scissor Lifts
    • Material Handling Equipment
      • Telescopic Handlers
      • Forklifts
    • Road Construction Equipment
      • Pavers
      • Road Rollers
    • Dump Trucks
    • Construction Tractor and Bulldozer

By Applications:

  • Construction
  • Oil & Gas
  • Mining
  • Others (Municipality, Road Construction)

By Countries:

  • India
  • China
  • Thailand
  • Malaysia
  • Japan
  • Australia
  • Indonesia
  • Rest of the Asia Pacific

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