Turkey Construction Equipment Market (2025-2031) | industry, Size, Share, Growth, Revenue, Analysis, Forecast, Outlook
Market Forecast 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: ETC001946 | 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 | |
Turkey Construction Equipment Market Growth Rate
According to 6Wresearch internal database and industry insights, the Turkey Construction Equipment Market is projected to grow at a compound annual growth rate (CAGR) of 6.8% during the forecast period (2025-2031).
| Report Name | Turkey Construction Equipment Market |
| Forecast Period | 2025–2031 |
| CAGR | 6.8% |
| Growing Sector | Infrastructure & Mining |
Topics Covered in the Turkey Construction Equipment Market Report
The Turkey 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.
Turkey Construction Equipment Market Synopsis
Turkey Construction Equipment Market is projected to expand at rapid pace during the forecast period on account of expansion of large-scale infrastructure projects, increasing shifts from rural to urban areas, and rising foreign investment in the construction sector. Apart from this, the expansion of this industry is underpinned by the increasing government focus on smart cities & emerging centres, expansion of metro rail, highway networks, and industrial projects of Turkey. Moreover, there has been rising demand for earthmoving equipment, material handling machinery, and road construction equipment which further fuels is Turkey Construction Equipment Market Growth.
Evaluation of Growth Drivers in the Turkey Construction Equipment Market
Below mentioned are some transformative drivers and their influence to the market dynamics:
| Drivers | Primary Segments Affected | Why it matters (evidence) |
| Urban Infrastructure Development | Mobile Cranes, Road Construction Equipment | Metro projects in Istanbul, new airports, and smart city initiatives increase demand for cranes and road construction machines. |
| Mining Expansion | Dump Trucks, Earthmoving Equipment | Rising investment in copper, coal, and gold mining drives heavy-duty equipment demand. |
| Oil & Gas Projects | Construction Tractors, Bulldozers | Ongoing pipeline and refinery projects push demand for powerful bulldozers and tractors. |
| Corporate Real Estate & Hospitality | Material Handling, Aerial Work Platforms | Hotels, malls, and high-rise projects increase demand for handling and lifting equipment. |
| Public Infrastructure | Road Construction Equipment, Mobile Cranes | Government projects such as highways, bridges, and tunnels drive large equipment adoption. |
Turkey Construction Equipment Market is expected to witness significant growth over the years, registering a growth rate of 6.8% during the forecast period of 2025-2031. Owing to expanding corporate enterprise sector along with municipality projects, the adoption of technologically advanced equipment for higher productivity has witnessed an upsurge. In addition to this, the Turkey construction equipment industry is also being shaped by technological upgradations, stringent environmental norms, and demand for fuel-efficient machines.
Evaluation of Restraints in the Turkey Construction Equipment Market
Below mentioned are some major restraints and their influence to the market dynamics:
| Restraints | Primary Segments Affected | What this means (evidence) |
| High Import Dependency | All Equipment Types | Heavy reliance on imported machinery makes the industry vulnerable to currency fluctuations. |
| Emission Regulations | Earthmoving & Road Equipment | Stricter EU-aligned norms push OEMs to design low-emission models, raising costs. |
| Rising Equipment Costs | Corporate Enterprise & Mining | The cost of raw material and production costs impedes smaller contractors. |
| Skilled Labor Shortages | Advanced Machinery | There are insufficient skilled operators which reduces efficiency and increases training costs. |
| Competition from Used Equipment | SME Contractors | The emergence of second-hand equipment market restricts demand for new machinery. |
Turkey Construction Equipment Market Challenges
Despite of robust growth outlook, there are wide array of challenges which could deter the market development. For instance, import duties, increasing equipment costs, and competition from low-cost Chinese brands. Apart from this, Turkey’s volatile currency and political uncertainties affect foreign direct investment inflow. Besides, environmental concerns and prevalent adoption of green construction methods are also pressuring companies to shift toward hybrid or electric equipment.
Turkey Construction Equipment Market Trends
In terms of trends, the Turkey Construction Equipment Market is being shaped by the below-mentioned developments:
- Hybrid & Electric Equipment – OEMs are introducing fuel-efficient and hybrid construction machines to comply with emission standards.
- Telematics & IoT Integration – Growing use of GPS-enabled and IoT-integrated equipment for predictive maintenance and fleet management.
- Rental Services Growth – Increasing preference for equipment rental among SMEs and municipal projects to reduce upfront costs.
- Compact & Versatile Machines – Demand for smaller, multifunctional equipment suitable for urban construction projects is rising.
Investment Opportunities in the Turkey Construction Equipment Industry
There are numerous investment opportunities for the potential investors:
- Rental Fleet Expansion – Establishing rental businesses to cater to contractors seeking cost-effective short-term solutions.
- Mining Equipment Supply – Heavy-duty dump trucks and excavators for expanding mining sector.
- Smart City Infrastructure – Supply of cranes, bulldozers, and handling equipment for large-scale smart city and transportation projects.
- After-Sales Services & Parts – Strong opportunity in maintenance services and spare parts for imported machinery.
Top 5 Leading Players in the Turkey Construction Equipment Market
Some leading players operating in the Turkey Construction Equipment Market are:
1. Hidromek
| Company Name | Hidromek |
| Established Year | 1978 |
| Headquarters | Ankara, Turkey |
Leading Turkish manufacturer offering excavators, backhoe loaders, and motor graders with a strong domestic presence and export network.
2. Caterpillar Inc.
| Company Name | Caterpillar Inc. |
| Established Year | 1925 |
| Headquarters | Texas, USA |
Provides heavy construction and mining equipment widely used in Turkey’s infrastructure and mining projects.
3. Volvo Construction Equipment
| Company Name | Volvo Construction Equipment |
| Established Year | 1832 |
| Headquarters | Gothenburg, Sweden |
Known for advanced earthmoving and road equipment, Volvo CE has a significant footprint in Turkey’s large-scale projects.
4. Liebherr Group
| Company Name | Liebherr Group |
| Established Year | 1949 |
| Headquarters | Bulle, Switzerland |
Supplies cranes, earthmoving equipment, and concrete technology with strong adoption in Turkey’s infrastructure development.
5. Komatsu Ltd.
| Company Name | Komatsu Ltd. |
| Established Year | 1921 |
| Headquarters | Tokyo, Japan |
Offers durable earthmoving and mining equipment, popular in Turkey’s construction and energy-related projects.
Government Regulations Introduced in the Turkey Construction Equipment Market
According to Turkish Government Data, the “Vision 2023” plan has allocated billions for highways, bridges, and smart city projects. Additionally, the Ministry of Energy and Natural Resources promotes mining development and new oil & gas infrastructure, boosting demand for heavy-duty machines. Turkey is also aligning with EU emission standards, driving adoption of hybrid and eco-friendly equipment.
The Turkish government provides incentives for local manufacturers of construction equipment. These companies receive tax exemptions for raw materials and machinery they use in manufacturing. On the other hand, imported equipment is subject to value-added tax (VAT) which may significantly affect its final cost and impact the market's competition. Understanding these tax regulations is crucial for successful penetrations of the Turkey Construction Equipment Market.
Future Insights of the Turkey Construction Equipment Market
In the future years, the Turkey Construction Equipment Industry is anticipated to remain promising. This is mainly driven by large-scale infrastructure projects, mining expansion, and urban development. Moreover, due to increasing demand for fuel-efficient and technologically advanced machines, companies are heavily investing in rental fleets, IoT-enabled machinery, and hybrid models will hold strong growth potential in the upcoming years.
Market Segmentation Analysis
Earthmoving Equipment to Dominate the Market – By Types
Earthmoving equipment, including excavators and loaders, holds the largest market share due to their extensive use in infrastructure, mining, and real estate projects. With ongoing metro expansions, highways, and smart city projects, demand for earthmoving machinery is projected to witness significant growth in both volume and revenue.
Corporate Enterprise to Dominate the Market – By Applications
The corporate enterprise segment, including hotels, malls, industrial facilities, and real estate developers, is the leading category. Rapid urbanization, foreign investments, and Turkey’s growing hospitality and retail industry are key drivers. Meanwhile, mining is emerging as a high-growth application due to ongoing exploration projects.
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:
- Turkey Construction Equipment Market Outlook
- Market Size of Turkey Construction Equipment Market, 2024
- Forecast of Turkey Construction Equipment Market, 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues & Volume for the Period 2021 - 2031
- Turkey Construction Equipment Market Trend Evolution
- Turkey Construction Equipment Market Drivers and Challenges
- Turkey Construction Equipment Price Trends
- Turkey Construction Equipment Porter's Five Forces
- Turkey Construction Equipment Industry Life Cycle
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Type for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and Volume by Cranes for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Construction Tractor and Bulldozer for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Earthmoving Equipment for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Aerial Work Equipment for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Material Handling Equipment for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Dump Trucks for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Road Construction Equipment for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Application for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Corporate Enterprise for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Oil and Gas for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Mining for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Construction Equipment Market Revenues and volume by Others for the Period 2021 - 2031
- Turkey Construction Equipment Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Turkey Construction Equipment Top Companies Market Share
- Turkey Construction Equipment Competitive Benchmarking By Technical and Operational Parameters
- Turkey Construction Equipment Company Profiles
- Turkey 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)
Turkey Construction Equipment Market (2025-2031): FAQs
Turkey Construction Equipment Market size is likely to grow at a CAGR of 6.8% during 2025-2031.
This growth is primarily driven by government initiatives towards the country’s 11th Five Year development plan which covers a budget for constructing and developing the residential and transportation sector by the year 2025, which would lead to a surge in demand for the construction equipment market in Turkey during the forecast period.
Some of the key players in Turkey Construction Equipment Market are XCMG., Caterpillar., Volvo CE., Komatsu., Liebherr., Hitachi., JCB., and Sany.
In terms of equipment types, earthmoving equipment is registering substantial growth in the overall Turkey construction equipment market.
6Wresearch actively monitors the Turkey 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 Turkey 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 Turkey Construction Equipment Market Overview |
| 3.1 Turkey Country Macro Economic Indicators |
| 3.2 Turkey Construction Equipment Market Revenues & Volume, 2021 & 2031F |
| 3.3 Turkey Construction Equipment Market - Industry Life Cycle |
| 3.4 Turkey Construction Equipment Market - Porter's Five Forces |
| 3.5 Turkey Construction Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 3.6 Turkey Construction Equipment Market Revenues & Volume Share, By Application 2021 & 2031F |
| 4 Turkey Construction Equipment Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing government investments in infrastructure projects |
| 4.2.2 Growth in the construction industry in Turkey |
| 4.2.3 Technological advancements in construction equipment |
| 4.2.4 Rising demand for sustainable and energy-efficient construction equipment |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating raw material prices |
| 4.3.2 Regulatory challenges in the construction equipment market |
| 4.3.3 Economic instability and geopolitical factors impacting construction projects in Turkey |
| 5 Turkey Construction Equipment Market Trends |
| 6. Turkey Construction Equipment Market , By Type |
| 6.1 Turkey Construction Equipment Market Revenues & Volume, By Mobile Cranes 2021 - 2031F |
| 6.2 Turkey Construction Equipment Market Revenues & Volume, By Construction Tractor and Bulldozer, 2021 - 2031F |
| 6.3 Turkey Construction Equipment Market Revenues & Volume, By Earthmoving Equipment, 2021 - 2031F |
| 6.3 Turkey Construction Equipment Market Revenues & Volume, By Aerial Work Equipment, 2021 - 2031F |
| 6.3 Turkey Construction Equipment Market Revenues & Volume, By Material Handling Equipment, 2021 - 2031F |
| 6.3 Turkey Construction Equipment Market Revenues & Volume, By Dump Trucks, 2021 - 2031F |
| 6.3 Turkey Construction Equipment Market Revenues & Volume, By Road Construction Equipment, 2021 - 2031F |
| 7 Turkey Construction Equipment Market , By Application |
| 7.1 Turkey Construction Equipment Market Revenues & Volume, By Corporate Enterprise, 2021 - 2031F |
| 7.2 Turkey Construction Equipment Market Revenues & Volume, By Oil and Gas , 2021 - 2031F |
| 7.3 Turkey Construction Equipment Market Revenues & Volume, By Mining, 2021 - 2031F |
| 8 Turkey Construction Equipment Market Import-Export Trade Statistics |
| 8.1 Turkey Construction Equipment Market Export to Major Countries |
| 8.2 Turkey Construction Equipment Market Imports from Major Countries |
| 9 Turkey Construction Equipment Market Key Performance Indicators |
| 9.1 Utilization rate of construction equipment |
| 9.2 Average age of construction equipment fleet |
| 9.3 Percentage of construction projects using advanced construction equipment technologies |
| 9.4 Number of new infrastructure projects announced |
| 9.5 Adoption rate of energy-efficient construction equipment |
| 10 Turkey Construction Equipment Market - Opportunity Assessment |
| 10.1 Turkey Construction Equipment Market Opportunity Assessment, By Type, 2031 |
| 10.2 Turkey Construction Equipment Market Opportunity Assessment, By Application, 2031 |
| 11 Turkey Construction Equipment Market - Competitive Landscape |
| 11.1 Turkey Construction Equipment Market Revenue Share, By Companies, 2024 |
| 11.2 Turkey Construction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
| 12 Company Profiles |
| 13 Recommendations |
| 14 Disclaimer |
Market Forecast By Types (Mobile Cranes, 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 (Corporate Enterprise, Oil and Gas, Mining), Others (Municipality and Road Construction) and Competitive Landscape
| Product Code: ETC001946 | Publication Date: Mar 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Latest 2023 Development of the Turkey Construction Equipment Market
Turkey Construction Equipment Market is one of the largest markets in the world, fuelled by government investments in infrastructure projects and the increasing demand for residential and commercial properties. Moreover, increased investment in construction activities, growth in the real estate sector, and the introduction of new government initiatives to support infrastructure development are other key factors propelling the growth of this market. Also, the government has introduced various initiatives to support the construction sector and to renovate the country's housing stock. Moreover, the rising popularity of rental equipment is attributed to its cost-effectiveness and flexibility for small and medium-sized construction companies.
Apart from this, Turkey has been rapidly urbanizing over the past decade, which has created a strong demand for infrastructure development which resulted in a growing demand for new construction projects. Rising investment in the construction industry from both domestic and foreign investors is also proliferating the demand for construction equipment. The construction equipment industry in Turkey has been experiencing advancements in technology which include the development of autonomous and electric construction equipment, leading to the swashbuckling growth of Turkey Construction Equipment Industry.
Turkey Construction Equipment Market Synopsis
The Turkey construction equipment market report is a part of the Middle East Construction Equipment Market is a part of thoroughly covers the market by equipment types, equipment sub-segment types, applications, and regions. Turkey construction equipment market outlook report provides an unbiased and detailed analysis of the ongoing Turkey 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.
Turkey construction equipment market has witnessed substantial growth over the past few years primarily driven by increasing government investment in infrastructure development projects as well as rising FDI in the industrial and other key sectors in the country. However, during the first three quarters of 2020, the Turkey market is anticipated to register a decline in economic growth due to the outbreak coronavirus pandemic which had a negative impact on businesses worldwide. However, the market in Turkey is expected to recover from the economic scenario during the second half of 2020-2026, and the construction equipment market in Turkey is also anticipated to recover by the end of 2020.
According to 6Wresearch, Turkey Construction Equipment Market size is likely to witness growth during 2020-2026. This growth is primarily driven by government initiatives towards the country’s 11th Five Year development plan which covers a budget for constructing and developing the residential and transportation sector by the year 2023, which would lead to a surge in demand for the construction equipment market in Turkey during the forecast period. Additionally, the government is also deploying high-speed internet cables in the country to introduce additive manufacturing, robotics, artificial intelligence, and the internet of things in the manufacturing sector. These initiatives will entice foreign manufacturing companies and also boost the growth of the construction market in Turkey.
Turkey construction equipment market is anticipated to register sound revenues in the upcoming six years on the back of the rise in the adoption of construction equipment in varied sectors such as construction, mining, and oil & gas. Additionally, On the basis of the end-users, the construction industry is expected to register the highest revenues in the overall turkey construction equipment market on the back of rising financial autonomy helps investors raise funds in purchasing equipment in order to commence construction projects which are anticipated to augment the demand for construction equipment and would boost the significant growth of the Turkey construction equipment market in the upcoming six years.
COVID-19 in Turkey Construction Equipment Market
The outburst of coronavirus has declined the growth of Turkey Construction Equipment Market as the restrictions imposed by the government of the country put a halt on construction activities and infrastructure projects. The lockdown imposed led to disruption in the supply chain of construction equipment.
Market Analysis by Equipment Types
In terms of equipment types, earthmoving equipment is registering substantial growth in the overall Turkey construction equipment market primarily due to increasing infrastructural development projects and the rising number of construction sites in the country.
Key players in the market
Some of the key players in Turkey Construction Equipment Market are:
- XCMG.
- Caterpillar.
- Volvo CE.
- Komatsu.
- Liebherr.
- Hitachi.
- JCB.
- Sany.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2016 to 2019.
- Base Year: 2019.
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Turkey Construction Equipment Market Overview
- Turkey Construction Equipment Market Outlook
- Turkey Construction Equipment Market Forecast
- Historical Data of Turkey Construction Equipment Market Revenues and Volumes for the Period 2016-2019.
- Market Size & Forecast of Turkey Construction Equipment Market Revenues and Volumes, Until 2026.
- Historical data of Turkey Cranes Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Cranes Market, Until 2026.
- Historical data of Turkey Bull Dozers & Construction Tractors Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Bull Dozers & Construction Tractors Market, Until 2026.
- Historical data of Turkey Earth Moving Equipment Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Earthmoving Equipment Market, Until 2026.
- Historical data of Turkey Material Handling Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Material Handling Market, Until 2026.
- Historical data of Turkey Dump Trucks Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Dump Trucks Market, Until 2026.
- Historical data of Turkey Aerial Work Platform Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Aerial Work Platform Market, Until 2026.
- Historical data of Turkey Road Construction Equipment Market for the Period 2016-2019.
- Market Size & Forecast of Turkey Road Construction Equipment Market, Until 2026.
- Historical Data of Turkey Construction Equipment Market Revenues and Volumes, by Applications, for the Period 2016-2019
- Market Size & Forecast of Turkey Construction Equipment Market Revenues and Volumes, by Applications, Until 2026
- Historical Data of Turkey Construction Equipment Market Revenues and Volumes, by Regions, for the Period 2016-2019
- Market Size & Forecast of Turkey Construction Equipment Market Revenues and Volumes, by Regions, Until 2026
- Market Drivers and Restraints
- TURKEY Construction Equipment Market Trends and Industry Life Cycle
- Porter’s Five Forces Analysis
- Market Opportunity Assessment
- TURKEY Construction Equipment Market Share, By Countries
- TURKEY Construction Equipment Market Share, By Companies
- TURKEY Construction Equipment Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The TURKEY construction equipment market report provides a detailed analysis of the following market segments:
-
By Types:
- Mobile Cranes
- 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:
- Corporate Enterprise
- Oil and Gas
- Mining
- Others (Municipality, Road Construction)
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