Dublin, July 09, 2026 (GLOBE NEWSWIRE) — The “U.S. Construction Equipment Market Research Report 2026-2031” has been added to ResearchAndMarkets.com’s offering.
The U.S. construction equipment market is projected to grow at a CAGR of 3.96% from 2025 to 2031, driven by diverse factors including burgeoning construction activities, technological advancements, and government investments.
Key Highlights:
- In 2025, earthmoving equipment captured about 54% of the market, with compact earthmoving equipment leading the segment. The demand for compact track loaders (CTLs) is rising due to their functionality.
- Kubota expanded its lineup by launching its largest CTL, the SVL110-3, and OTR Engineered Solutions introduced the TrackBoss E5 rubber track.
- Material handling and lifting equipment demand is rising, driven by growth in the e-commerce sector and logistics.
- The road construction segment is anticipated to expand at a 3.46% CAGR, propelled by large-scale highway projects and supported by government infrastructure spending.
- Public construction spending in January 2026 saw a 0.6% increase, boosting equipment demand across infrastructure projects.
- The manufacturing sector propels demand as it supports reshoring initiatives and large industrial projects, further emphasizing the need for heavy machinery.
Market Drivers:
- Bipartisan Infrastructure Law: The IIJA is injecting nearly $973 billion into infrastructure, fostering demand for construction machinery.
- Data Center Expansion: AI and cloud computing are driving the rise in construction equipment demand, with major tech investments supporting this growth.
- Housing Investment: Rising investments in housing are sustaining demand for compact construction equipment, combating a housing shortage.
Market Trends:
- Electrification: Sustainability goals and regulatory pressures are pushing the adoption of electric construction machinery.
- Automation: AI and machine learning are enhancing construction efficiency and safety amid workforce challenges.
- Compact Track Loaders: CTLs are gaining traction over skid-steer loaders for their versatility and functionality.
Industry Restraints:
- Interest Rates & Financing: Elevated rates and financing conditions suppress equipment purchases.
- Workforce Shortage: A dearth of skilled labor is affecting market capacity and equipment demand.
Vendor Landscape:
- Major Players: Caterpillar, Komatsu, Deere & Company, Volvo CE, among others, lead the market.
- New Entrants: Companies like Hitachi and SANY are innovating with advanced products, challenging market leaders.
Key Vendors:
- Caterpillar, Komatsu, Deere & Company, Volvo CE, Liebherr, Hitachi Construction Machinery
Other Prominent Vendors:
- Takeuchi, DEVELON, JCB, Toyota Material Handling, JLG Industries
Distributor Profiles:
- National Equipment Dealers (NED), LLC and Kirby-Smith Machinery, Inc., among others, distribute equipment across the U.S.
Questions Answered:
- How big is the U.S. construction equipment market?
- What is the growth rate of the market?
- What are the trends affecting the market?
- Who are the key players?
- Which are the major distributors?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 178 |
| Forecast Period | 2025-2031 |
| Estimated Market Value in 2025 | 377,735 Units |
| Forecasted Market Value by 2031 | 476,905 Units |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | United States |
For more information about this report visit https://www.researchandmarkets.com/r/j24dhr
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- U.S. Construction Equipment Market
