U.S. Heavy Duty Construction Equipment Market Analysis & Forecast: 2025-2032

U.S. Heavy Duty Construction Equipment Market Analysis & Forecast: 2025-2032

The U.S. heavy-duty construction equipment market size is projected to hold a total of USD 82.9 Mn in 2025 and is expected to reach USD 123.0 Mn by 2032, expanding at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032.

Key Takeaways

• By Equipment Type, Earthmoving Segment is estimated to hold a U.S. heavy-duty construction equipment market share of 48.0% in 2025. This is driven by increased demand for high-performance, multi-functional excavation equipment on mega urban infrastructure and urban development projects.

Market Overview

The U.S. heavy construction equipment industry is growing strongly due to growth in infrastructure expansion, accelerated urbanization, and the growing mechanization of the construction process. The industry comprises a broad range of heavy equipment such as excavators, bulldozers, wheel loaders, backhoes, and cranes used in massive-scale commercial and civil engineering construction projects. The usage of electric and hybrid construction equipment is increasing in line with total sustainability objectives and greenhouse gas emission reduction legislation.

Current Events and its Impact on the U.S. Heavy Duty Construction Equipment Market

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Pricing Analysis

Compact Excavators (7-10 tons)

• Caterpillar 308 CR: $85,000 - $95,000
• John Deere 85G: $82,000 - $90,000
• Komatsu PC88MR-11: $80,000 - $88,000
• Bobcat E85: $75,000 - $83,000

Mid-Size Excavators (20-30 tons)

• Caterpillar 323: $280,000 - $320,000
• Volvo EC220E: $275,000 - $310,000
• Komatsu PC210LC-11: $270,000 - $300,000
• John Deere 245G: $265,000 - $295,000

Large Excavators (45+ tons)

• Caterpillar 349: $650,000 - $750,000
• Liebherr R 950 SME: $680,000 - $780,000
• Volvo EC480E: $620,000 - $720,000
• Komatsu PC490LC-11: $600,000 - $700,000

Segmental Insights 

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U.S. Heavy Duty Construction Equipment Market Insights, By Type

Based on type, earthmoving segment is projected to hold around 48.0% shares in the U.S. heavy duty construction equipment market. This is owing to the high demand for excavation, grading, and land-clearing activities in infrastructure, residential, and commercial construction projects. The widespread use of equipment like excavators, loaders, and bulldozers, along with continuous investments in roadways, bridges, and urban development, further supports the dominance of this segment.

U.S. Heavy Duty Construction Equipment Market Insights, By Sales Channel

The rental segment will lead the U.S. heavy-duty construction equipment market revenue in 2025 due to its cost-effectiveness, flexibility, and reduced ownership burden for contractors and construction firms. The rising demand for short-term projects, high equipment maintenance costs, and the preference for accessing the latest machinery without large capital investment are key factors driving growth in the rental segment.

For instance, in April 2025, CASE Construction Equipment unveiled a range of new machines and technology upgrades with a focus on providing rental businesses with equipment that’s simple to use, painless to maintain and easy to keep moving off the lot.

U.S. Heavy Duty Construction Equipment Market Insights, By Application

Based on application, the excavation & demolition segment will dominate the U.S. heavy-duty construction equipment market in 2025. This is because of the increased number of urban infrastructure redevelopment projects, rising demand for site preparation and building demolition, and the need for high-performance equipment to handle complex and large-scale construction activities.

Analyst Opinion

• U.S. heavy-duty construction equipment market as poised for steady growth, driven by large-scale infrastructure investments, urban redevelopment, and increasing adoption of advanced technologies like telematics and electric machinery. The shift toward rental models is gaining momentum due to cost-efficiency and flexibility, while regulatory pressures are accelerating the transition to low-emission equipment.
• Despite challenges such as high input costs, labor shortages, and fluctuating interest rates, the market is expected to remain resilient, with earthmoving and excavation equipment leading demand through 2025.

U.S. Heavy Duty Construction Equipment Market – Recent Developments

• In June 2025, Volvo Construction Equipment (Volvo CE) invested to expand production worldwide. For crawler excavators, three main sites will see approximately $261 million invested to expand crawler excavator production to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics. 
• In March 2025, Bobcat announced a powerful new lineup of heavy-duty construction equipment built specifically to tackle bigger work. These machines will be available at dealerships across North America by mid-Q2 of 2025.

Market Report Scope 

U.S. Heavy Duty Construction Equipment Market Trends

  Rising Demand Driven by Mining and Quarrying Activities

The U.S. mining and quarrying industry has seen significant growth, driven by rising metal, mineral, and stone product production. The industry is critical in supporting other major sectors like manufacturing, agriculture, and infrastructure through the supply of raw materials. With the growing mining activities to cater to increasing demands, there has been a corresponding increase in the purchase of U.S heavy duty construction equipment such as excavators, haul trucks, bulldozers, and loaders.

The market has experienced huge growth driven by continuous innovation in technology. Producers are producing efficient machinery that not only improves productivity but also reduces costs and enhances safety. Developments in diesel technology engines, hydraulics, electronics, automation, and connectivity are fundamentally revolutionizing the nature of work accomplished at job sites.

In the future, the transition to fully autonomous equipment will transform the industry. Top manufacturers are investing extensively in technologies like LiDAR, radar, computer vision, and 5G communication to create self-driving haul trucks, robotic excavators, and autonomous dozers. Drones, AI, and virtual & augmented reality are also being implemented to streamline processes and project planning.

In November 2024, Caterpillar Inc. successfully demonstrated the fully autonomous operation of its Cat® 777 off-highway truck at Luck Stone’s Bull Run plant in Chantilly, Virginia. This marked Caterpillar's first deployment of autonomous technology in the aggregates industry, expanding its autonomous truck fleet to include the 100-ton-class Cat 777. The initiative underscores Caterpillar's commitment to delivering autonomous hauling solutions for the quarry and aggregates sector.

U.S. Heavy-Duty Construction Equipment Opportunities

Growth of the Renewable Energy Industry as an Opportunity

A major growth potential for the U.S. heavy-duty construction equipment market exists in the explosive growth of the renewable energy industry. As the U.S. strengthens its efforts to harness renewable energy sources such as solar and wind power to address climate targets, investment in mega projects is on the rise.

Rental firms and construction firms are also investing in such machinery to benefit the growing renewable energy market. OEMs can make the most of the current trend by providing and marketing equipment specifically tailored for renewable energy projects.

Market Segmentation

• By Equipment Type
• Earthmoving
• Excavators
• Dumpers
• Trenchers
• Concrete Equipment
• Mixers
• Pavers
• Concrete Pumps
• Compaction Equipment
• Rammers
• Rollers
• Cranes
• Others
•  By Sales Channel
• OEM
• Rental
• By Application
• Excavation & Demolition
• Heavy Lifting
• Material Handling
• Recycling & Waste Management
• Tunnelling
• By State
• California
• Arizona
• Texas
• Florida
• Utah
• Colorado
• Rest of the U.S.
• Key Players Insights
• Ahern Rentals
• Atlas Copco
• Caterpillar Inc.
• CNH Industrial N.V.
• Deere & Company
• Doosan Infracore
• Herc Rentals Inc
• Hitachi Construction Machinery Co. Ltd
• Hyundai Construction Equipment Americans Inc
• J C Bamford Excavators Ltd (JCB)
• Komatsu America Corp
• Liebherr Group
• Sany Heavy Industries Co. Ltd
• Terez Corporation
• United Rentals Inc.

Sources

The Stakeholders Consulted

• Construction contractors and project managers
• Manufacturers and suppliers of heavy-duty construction equipment
• Equipment rental companies and fleet owners
• Government bodies involved in infrastructure development and regulations
• Industry consultants and analysts in construction and equipment sectors
• End-users in industries such as civil engineering, transportation, utilities, and mining
• Research institutions focusing on construction technologies and automation

Databases Opened

• U.S. Bureau of Labor Statistics (BLS) – Industry Employment and Wage Data
• U.S. Census Bureau – Economic Census Data on Construction and Manufacturing
• U.S. Department of Transportation (DOT) – Infrastructure and Construction Statistics
• International Trade Administration (ITA) – U.S. Construction Equipment Industry Data

Magazines & Trade Publications

• Equipment World
• Construction Equipment Magazine
• The Constructor Magazine
• American Contractor Magazine
• Heavy Equipment Guide
• Construction Business Owner Magazine
• Roads & Bridges Magazine

Scientific and Industry Journals

• Journal of Construction Engineering and Management
• Construction and Building Materials
• International Journal of Heavy Equipment and Vehicle Systems
• Journal of Infrastructure Systems
• Journal of Engineering, Design, and Technology

Newspapers & Media Outlets

• The Wall Street Journal – Construction & Manufacturing Section
• Bloomberg – Industrial News & Construction
• Reuters – Infrastructure and Equipment Industry Updates
• The New York Times – U.S. Construction Industry Reports
• Business Insider – Construction Equipment & Trends
• Construction Dive – U.S. Heavy Equipment and Construction Trends

Associations and Regulatory Bodies

• Association of Equipment Manufacturers (AEM)
• U.S. Environmental Protection Agency (EPA) – Construction Equipment Regulations
• U.S. Department of Transportation (DOT) – Infrastructure Projects and Regulations
• National Association of Home Builders (NAHB)
• National Utility Contractors Association (NUCA)
• Occupational Safety and Health Administration (OSHA)
• International Union of Operating Engineers (IUOE)

Public Domain Sources

• U.S. Energy Information Administration (EIA) – Construction Industry Reports
• European Commission – Construction & Equipment Industry Standards and Regulations
• U.S. Department of Commerce – Industry and Economic Data for Construction Equipment
• International Labour Organization (ILO) – Safety and Work Regulations in Heavy Equipment

Proprietary Research Elements

• CMI Data Analytics Tool
• Proprietary CMI Repository of Market Data (covering past 8 years)
• CMI Expert Interviews and Transcripts (focused on heavy-duty equipment, infrastructure development, and technology adoption in the construction sector)