China Construction Equipment Market (2025-2031) | Revenue, Share, Size, Growth, Forecast, Analysis, Companies, Industry, Outlook, Trends & Value

Name: China Construction Equipment Market | Outlook & Trends 2031
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Construction Equipment Market, China Construction Equipment Market, China Construction Equipment Market Size, China Construction Equipment Market Share, China Construction Equipment Market Trends

Market Forecast by By Types (Mobile Cranes, Construction Tractors and Bulldozers, Earthmoving Equipment, Aerial Work Equipment, Material Handling Equipment, Dump Trucks, Road Construction Equipment), By Applications (Corporate Enterprise, Oil and Gas, Mining, Others (Municipality and Road Construction)) and Competitive Landscape

Product Code: ETC001643	Publication Date: Dec 2023	Updated Date: Sep 2025	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

China Construction Equipment Market Growth Rate

According to 6Wresearch internal database and industry insights, the China Construction Equipment Market is projected to grow at a compound annual growth rate (CAGR) of 6.9% during the forecast period (2025-2031).

China Construction Equipment Market Highlights

Report Name	China Construction Equipment Market
Forecast Period	2025-2031
CAGR	6.9%
Growing Sector	Infrastructure & Urbanization

Topics Covered in the China Construction Equipment Market Report

The China Construction Equipment Market report thoroughly covers the market by types and applications. 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.

China Construction Equipment Market Synopsis

China Construction Equipment Market is expected to register healthy growth, backed by large-scale infrastructure projects, increasing urban population, and investments in transport and public infrastructure by government. Demand for modern, fuel-efficient, and digitally enabled machines is rising as construction firms prioritize productivity, safety, and lifecycle cost reductions. In addition to this, the China Construction Equipment Market Growth are further underpinned by replacement demand for aging fleets and rising adoption of rental models that allow small contractors to access high-value Equipment.

Evaluation of Growth Drivers in the China Construction Equipment Market

Below mentioned are some prominent drivers and their influence to the market dynamics:

Driver	Primary Segments Affected	Why it matters (evidence)
National Infrastructure Programs	Road Construction Equipment; Earthmoving Equipment	Large national projects (highways, rail corridors, ports) require sustained deployment of heavy and specialized construction equipment across the country.
Urbanization & Affordable Housing	Construction Tractors & Bulldozers; Aerial Work Equipment	Rapid urban expansion and social housing drives demand for earthmoving equipment and aerial platforms for high-rise construction.
Mining & Natural Resources Development	Dump Trucks; Earthmoving Equipment	Country’s domestic mining and international resource investments contributes in demand for heavy-duty off-highway equipment.
Sustainability & Emission Norms	Mobile Cranes; Material Handling Equipment	There are stringent emission and fuel-efficiency standards which propels replacement of old fleets and adoption of hybrid models.
Digitalization & Smart Construction	All types, especially Earthmoving & Material Handling	Telemetry and automation increase equipment uptime and appeal to large contractors pursuing productivity gains.

China Construction Equipment Market is anticipated to witness significant expansion, registering a CAGR of 6.9% during the forecast period of 2025-2031. This expansion is driven by sustained public and private investment in transport corridors, urban renewal projects, and industrial facility construction. Moreover, another key factor proliferating the market expansion is technological upgrades in telematics, remote diagnostics, and semi-autonomous functionalities which enhance operational efficiency and lower total cost of ownership, encouraging fleet modernization.

Evaluation of Restraints in the China Construction Equipment Market

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

Restraint	Primary Segments Affected	What this means (evidence)
Stringent Emissions & Local Regulations	New installs; all types	Tighter emissions and noise norms increase manufacturing costs and require investment in after-treatment and hybridization.
Cyclical Real-Estate Slowdowns	Aerial Work & Small Earthmoving	A downturn in property development can immediately reduce demand for smaller, rental-oriented equipment.
Supply Chain Disruptions	All types	There is a major fluctuation in raw material price and component shortages can delay deliveries.
Competition from Rental Models & Used Equipment	5kVA-75kVA equivalent small equipment	Increasing rental diminishes outright purchase volumes in the short term.
High Financing Costs for SMEs	Small contractors; rental-access segments	Smaller contractors face partial access to affordable financing, constraining new equipment purchases.

China Construction Equipment Market Challenges

On the other hand, there are number of challenges that are expected to hinder development of China construction equipment industry. For example, rising regulatory pressure on emissions and workplace safety compels manufacturers and fleet owners to invest in cleaner technologies and compliance systems — raising capital expenditure and operating costs. Apart from this, cyclical behavior in the property and manufacturing sectors introduces demand volatility; a slowdown in construction starts can quickly reduce equipment orders. Collectively, these challenges shape investment and product strategies across OEMs and distributors.

China Construction Equipment Market Trends

Key developments influencing the growth of the market are:

Electrification & Hybridization: Rapid R&D and pilot projects for electric excavators, hybrid cranes, and battery-assisted loaders aiming to reduce emissions and running costs.
Telematics & Fleet Management: Widespread adoption of IoT-enabled solutions for predictive maintenance, remote diagnostics, utilization tracking, and uptime optimization.
Automation & Semi-Autonomy: Trials and phased adoption of semi-autonomous grading, remote-controlled demolition, and operator-assist tools to improve safety and productivity.
Localization & Aftermarket Expansion: OEMs expanding domestic service networks, spare-parts logistics, and training centers to increase share and reduce downtime.

Investment Opportunities in the China Construction Equipment Industry

There are several potential investment opportunities in the industry which are continue to open new avenues:

Export-Oriented Manufacturing – Invest in mid-range equipment tailored for Southeast Asia and Africa, leveraging cost advantages and domestic supply chains.
Digital Services & Telematics Platforms – Build SaaS fleet-management solutions offering subscription-based predictive maintenance and operational analytics.
Aftermarket Parts & Service Centers – Establish fast-response parts distribution hubs in second- and third-tier cities to improve uptime and long-term revenue.
Electric & Hybrid Equipment Manufacturing – Invest in localized battery and hybrid drivetrain production for earthmoving and lifting equipment to capture the low-emission transition.

Top 5 Leading Players in the China Construction Equipment Market

Some leading players operating in the market include:

1. SANY Heavy Industry Co., Ltd.

Company Name	SANY Heavy Industry Co., Ltd.
Established Year	1989
Headquarters	Changsha, China
Official Website	Click Here

SANY is a major integrated manufacturer offering a broad portfolio spanning excavators, cranes, concrete machinery, and piling rigs. The company emphasizes R&D, global sales networks, and strong after-sales service; SANY’s revenue is driven by both domestic infrastructure projects and overseas expansion.

2. XCMG Group

Company Name	XCMG Group
Established Year	1943
Headquarters	Xuzhou, China
Official Website	Click Here

XCMG is one of China’s oldest and largest construction equipment manufacturers, with extensive offerings across earthmoving, road machinery, and lifting equipment. XCMG’s strategy focuses on technology upgrades, export growth, and enhancing its global service footprint to capture market share.

3. Zoomlion Heavy Industry Science & Technology Co., Ltd.

Company Name	Zoomlion Heavy Industry Science & Technology Co., Ltd.
Established Year	1992
Headquarters	Changsha, China
Official Website	Click Here

Zoomlion provides a wide range of construction machinery including cranes, concrete equipment, and aerial work platforms. The company invests heavily in intelligent manufacturing and digital platforms to support lifecycle services and connected equipment.

4. Shantui Construction Machinery Co., Ltd.

Company Name	Shantui Construction Machinery Co., Ltd.
Established Year	1980
Headquarters	Jining, Shandong, China
Official Website	Click Here

Shantui is a leading manufacturer of bulldozers and earthmoving machines, known for durable mid-to-large capacity equipment. Its revenue base includes domestic infrastructure and significant aftermarket support.

5. Liugong Machinery Co., Ltd.

Company Name	Liugong Machinery Co., Ltd.
Established Year	1958
Headquarters	Liuzhou, Guangxi, China
Official Website	Click Here

Liugong produces wheel loaders, excavators, and other earthmoving machines. The company’s strategy centers on product diversification, global distribution channels, and lifecycle service offerings that generate recurring revenue.

Government Regulations & Initiatives Introduced in the China Construction Equipment Market

According to Chinese Government Data, China’s regulatory and policy environment strongly influences the Construction Equipment Industry. National initiatives such as “Made in China 2025” and targeted industrial policies encourage domestic technological upgrading and higher value-added manufacturing, incentivizing OEMs to develop cleaner, smarter equipment. Regional stimulus packages and municipal redevelopment funds often prioritize energy-efficient and low-emission equipment, prompting subsidy schemes for electric or hybrid machines in pilot cities.

Future Insights of the China Construction Equipment Market

China Construction Equipment Market is expected to evolve steadily with an increased focus on sustainability, digitalization, and service-oriented revenue models. OEMs will boost development of electric and hybrid models to comply with environmental targets and city-level pilot programs. In addition, telemetry and AI-powered maintenance platforms will become standard offerings, enabling predictive servicing and new subscription-based revenue streams. The rental sector will expand, reducing barriers for small contractors to adopt advanced equipment and smoothing demand cycles. Policy support for domestic innovation and infrastructure spending will continue to underpin demand, particularly in road, rail, and municipal projects.

Market Segmentation Analysis

Earthmoving Equipment to Dominate the Market – By Type

According to Saurabh, Senior Research Analyst, 6Wresearch, Earthmoving Equipment (including excavators, loaders, and bulldozers) dominates the China Construction Equipment Market Share due to its versatility across infrastructure, real estate, and mining projects. The surge in urban redevelopment, tunnels, and metro construction further increases demand for compact and medium-sized excavators.

Corporate Enterprise to Dominate the Market – By Application

The Corporate Enterprise application category dominates the China Construction Equipment Market, propelled by large construction firms, EPC contractors, and state-owned enterprises leading megaprojects in transport, urbanization, and energy.

Key Attractiveness of the Report

10 Years of 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:

China Construction Equipment Market Outlook
Market Size of China Construction Equipment Market, 2024
Forecast of China Construction Equipment Market, 2031
Historical Data and Forecast of China Construction Equipment Market Revenues & Volume for the Period 2021-2031
China Construction Equipment Market Trend Evolution
China Construction Equipment Market Drivers and Challenges
China Construction Equipment Price Trends
China Construction Equipment Porter's Five Forces
China Construction Equipment Industry Life Cycle
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Type for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and Volume by Cranes for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Construction Tractor and Bulldozer for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Earthmoving Equipment for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Aerial Work Equipment for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Material Handling Equipment for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Dump Trucks for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Road Construction Equipment for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Application for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Corporate Enterprise for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Oil and Gas for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Mining for the Period 2021-2031
Historical Data and Forecast of China Construction Equipment Market Revenues and volume by Others for the Period 2021-2031
China Construction Equipment Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Application
China Construction Equipment Top Companies Market Share
China Construction Equipment Competitive Benchmarking By Technical and Operational Parameters
China Construction Equipment Company Profiles
China Construction Equipment Key Strategic Recommendation

Market Scope and Segmentation

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

By Types:

Mobile Cranes
Construction Tractor and Bulldozer
Earthmoving Equipment
Aerial Work Equipment
Material Handling Equipment
Dump Trucks
Road Construction Equipment

By Applications:

Corporate Enterprise
Oil and Gas
Mining
Others (Municipality and Road Construction)

China Construction Equipment Market (2025-2031): FAQ

What is the growth outlook for the China Construction Equipment Market?

What are the key players in the China Construction Equipment Market?

Which application segment dominates the China Construction Equipment Industry?

What are the major challenges faced by the China Construction Equipment Market?

How does 6Wresearch market report help businesses in making strategic decisions?

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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 China Construction Equipment Market Overview

3.1 China Country Macro Economic Indicators

3.2 China Construction Equipment Market Revenues & Volume, 2021&2031F

3.3 China Construction Equipment Market - Industry Life Cycle

3.4 China Construction Equipment Market - Porter's Five Forces

3.5 China Construction Equipment Market Revenues & Volume Share, By Type, 2021&2031F

3.6 China Construction Equipment Market Revenues & Volume Share, By Application 2021&2031F

4 China Construction Equipment Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and infrastructure development projects in China

4.2.2 Government initiatives supporting construction industry growth

4.2.3 Technological advancements and innovation in construction equipment

4.2.4 Rise in demand for sustainable and energy-efficient construction practices

4.2.5 Growing investments in real estate and commercial construction projects

4.3 Market Restraints

4.3.1 Regulatory challenges and compliance requirements in the construction sector

4.3.2 Fluctuations in raw material prices impacting equipment manufacturing costs

4.3.3 Economic uncertainties and geopolitical factors affecting construction industry investments

4.3.4 Skills shortage and labor issues in the construction sector

4.3.5 Competition from alternative construction methods and materials

5 China Construction Equipment Market Trends

6. China Construction Equipment Market , By Type

6.1 China Construction Equipment Market Revenues & Volume, By Mobile Cranes 2021-2031F

6.2 China Construction Equipment Market Revenues & Volume, By Construction Tractor and Bulldozer, 2021-2031F

6.3 China Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2021-2031F

6.3 China Construction Equipment Market Revenues & Volume, By Aerial Work Equipment, 2021-2031F

6.3 China Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2021-2031F

6.3 China Construction Equipment Market Revenues & Volume, By Dump Trucks, 2021-2031F

6.3 China Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2021-2031F

7 China Construction Equipment Market , By Application

7.1 China Construction Equipment Market Revenues & Volume, By Corporate Enterprise, 2021-2031F

7.2 China Construction Equipment Market Revenues & Volume, By Oil and Gas , 2021-2031F

7.3 China Construction Equipment Market Revenues & Volume, By Mining, 2021-2031F

7.3 China Construction Equipment Market Revenues & Volume, By Others 2021-2031F

8 China Construction Equipment Market Import-Export Trade Statistics

8.1 China Construction Equipment Market Export to Major Countries

8.2 China Construction Equipment Market Imports from Major Countries

9 China Construction Equipment Market Key Performance Indicators

9.1 Construction equipment utilization rates

9.2 Average age of construction equipment fleet

9.3 Adoption rate of advanced construction technologies

9.4 Construction equipment rental rates

9.5 Infrastructure spending trends

10 China Construction Equipment Market - Opportunity Assessment

10.1 China Construction Equipment Market Opportunity Assessment, By Type, 2031

10.2 China Construction Equipment Market Opportunity Assessment, By Application, 2031

11 China Construction Equipment Market - Competitive Landscape

11.1 China Construction Equipment Market Revenue Share, By Companies, 2024

11.2 China Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters

12 Company Profiles

13 Recommendations

14 Disclaimer

Africa Construction Equipment Market

Asia Construction Equipment Market

Asia Pacific (APAC) Construction Equipment Market

Europe Construction Equipment Market

Global Construction Equipment Market

Middle East Construction Equipment Market

North America Construction Equipment Market

Syria Construction Equipment Market

Taiwan Construction Equipment Market

Timor Leste Construction Equipment Market

Togo Construction Equipment Market

Tonga Construction Equipment Market

2020 Mar 13 : Report

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)And Competitive Landscape

Product Code: ETC001643	Publication Date: Mar 2020	Product Type: Report
Publisher: 6Wresearch	No. of Pages: 70	No. of Figures: 35	No. of Tables: 5

China construction equipment market has witnessed substantial growth due to developing commercial and residential infrastructure. Increasing investments in real estate and rapid urbanization are some of the key aspects enhancing the China construction equipment market. Moreover, China is the fastest-growing economy in the world due to its large-scale investment and high productivity which is supporting the growth of the construction equipment market in the country.

According to 6wresearch, China Construction Equipment Market is expected to grow during 2020-2026. China is aiming to expand the construction equipment market by working with foreign companies. In China, Beijing is anticipated to dominate the China construction equipment market due to its infrastructure spending. Increasing government policies and initiatives such as the Belt and Road initiative which is a worldwide development strategy adopted by the government of China in 2013 including growing infrastructure and investments to connect Asia with Africa, Europe, and other international organizations are expected to boost the demand for construction equipment market in China. Additionally, all the construction projects that are implemented abroad then the equipment is bought and transported from China due to the government of China offers tax allowances to construction companies that purchase the machinery to participate in the Belt and Road initiative.

The earthmoving segment is the leading revenue share in china's construction equipment market due to increasing sales and manufacturers of excavators. Furthermore, the competition among other global players is rising in the country with local construction equipment manufacturers to hold a significant share in the market.

The China construction equipment market report comprehensively covers the market by types and applications. The China construction equipment market outlook report provides an unbiased and detailed analysis of the on-going China construction equipment market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

China construction equipment market is expected to witness substantial growth in the upcoming six years on the back of the growth of the mining and construction sector. Additionally, rising personal income coupled with the rapid growth of the urban population is instigating increased investment in constructing houses and buildings which foster the adoption of construction equipment during the forecast period. Further, increasing construction activities encourage individuals or firms for foreign direct investment, in particular, business and projects which would benefit the deployment for construction equipment and would spur the growth of the china construction equipment market in the coming years.

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 government to invest in the development of other construction as well such as that of new hospitals in order to cope up with 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.

China construction equipment market is projected to witness impressive growth in the upcoming six years backed by the rising expansion of construction projects in the country due to increased urbanization significantly. Whereby construction activity especially the railway ongoing projects such as 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 growth in the upcoming six years and is likely to bring in bountiful opportunities for the to-be investors to boost the market landscape.

Key Highlights of the Report:

China Construction Equipment Market Overview.
China Construction Equipment Market Outlook.
China Construction Equipment Market Size and China Construction Equipment Market Forecast until 2026.
Historical Data of China Construction Equipment Market Revenues & Volume for the Period 2016-2019.
Market Size & Forecast of China Construction Equipment Market Revenues & Volume until 2026.
Historical Data of China Construction Equipment Market Revenues and Volume, By application, for the Period 2016-2019
Market Size & Forecast of China Construction Equipment Market Revenues and Volume, By application, until 2026
Market Drivers and Restraints
China Construction Equipment Market Trends and Industry Life Cycle
Porter's Five Force Analysis
Market Opportunity Assessment
China Construction Equipment Market Share, By Players
China Construction Equipment Market Overview on Competitive Benchmarking
Company Profiles
Key Strategic Recommendations

Markets Covered

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

By Types:
- Cranes
  - Mobile Crane
  - Crawler Crane
  - Tower Crane
  - Construction Tractor and Bulldozer
- Earthmoving Equipment
  - Loaders
  - Excavators
  - Motor Grader
- Aerial Work Equipment
  - Articulated Boom Lifts
  - Telescopic Boom Lifts
  - Scissor Lifts
- Material Handling Equipment
  - Telescopic Handlers
  - Forklifts
- Dump Trucks
- Road Construction Equipment
  - Pavers
  - Road Rollers
By Applications:
- Construction
- Oil & Gas
- Mining
- Others (Municipality, Road Construction)