Earthmoving Equipment Market – Infrastructure Growth Fuels Demand Through 2031

The Earthmoving Equipment Market is poised for substantial growth, fueled by large-scale infrastructure development, smart city projects, and increasing construction activities worldwide. This sector includes excavators, loaders, bulldozers, and other machinery essential for mining, construction, and road-building operations.

Technological upgrades such as GPS-integrated machines, autonomous operation, and telematics have enhanced equipment efficiency and operator safety. Sustainability is also becoming a priority, with manufacturers investing

 

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Earthmoving Equipment Market Outlook (2021-2031) by Product Type,, Power Output,, End Use Industry

Earthmoving Equipment Market was valued at US$ 97.49 Billion in 2024 and is projected to reach US$ 148.2 Billion by 2031 with a CAGR of 6.28% from 2025 to 2031 segmented into Product Type,, Power Output,, End Use Industry.