Construction Equipment Aftermarket - Global Strategic Business Report

The global market for Construction Equipment Aftermarket was estimated at US$26.3 Billion in 2024 and is projected to reach US$31.3 Billion by 2030, growing at a CAGR of 2.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Construction Equipment Aftermarket market.

Construction Equipment Aftermarket - Key Trends & Drivers Summarized

Why Is the Aftermarket Sector Critical for Construction Equipment?

The construction equipment aftermarket has become a vital industry segment, providing essential parts, maintenance services, and support for heavy machinery. With rising equipment costs, construction firms are focusing on extending machine lifecycles through aftermarket solutions. From replacement components to specialized repair services, the aftermarket ecosystem is thriving as companies seek cost-effective alternatives to purchasing new equipment.

How Are Digital Platforms Enhancing Aftermarket Services?

The rise of e-commerce and digital platforms has transformed the construction equipment aftermarket. Online marketplaces now enable seamless procurement of spare parts, reducing downtime and improving supply chain efficiency. AI-driven predictive maintenance is also gaining traction, allowing companies to schedule repairs before machinery failures occur. Cloud-based asset management systems are further streamlining equipment tracking, ensuring timely maintenance and reducing operational disruptions.

What Role Do Sustainability and Remanufacturing Play?

Sustainability is a key focus in the construction equipment aftermarket, with manufacturers investing in remanufactured parts to reduce waste and carbon emissions. The growing preference for refurbished engines, hydraulic systems, and undercarriage components is making aftermarket solutions more attractive. Additionally, eco-friendly lubricants and biodegradable hydraulic fluids are being adopted to enhance machine performance while minimizing environmental impact.

What's Driving Market Growth?

The growth in the construction equipment aftermarket is driven by several factors, including increasing demand for cost-efficient maintenance solutions, advancements in predictive maintenance technology, and the rise of digital spare parts procurement platforms. The expansion of infrastructure projects, coupled with the growing preference for rental equipment, is also fueling aftermarket demand. Additionally, regulatory mandates for equipment efficiency and emissions compliance are encouraging businesses to invest in advanced servicing and remanufacturing solutions.

Scope of Study:

The report analyzes the Construction Equipment Aftermarket market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Equipment Type (Earthmoving and Roadbuilding Equipment, Material Handling and Cranes, Concrete Equipment); Distribution Channel (Offline Distribution Channel, Online Distribution Channel)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Earthmoving & Roadbuilding Equipment segment, which is expected to reach US$16.5 Billion by 2030 with a CAGR of a 3.4%. The Material Handling & Cranes segment is also set to grow at 2.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $7.2 Billion in 2024, and China, forecasted to grow at an impressive 5.6% CAGR to reach $6.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Construction Equipment Aftermarket Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Construction Equipment Aftermarket Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Construction Equipment Aftermarket Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Caterpillar Inc., CNH Industrial N.V., Doosan Infracore, Hitachi Construction Machinery Co., Ltd., Hyundai Construction Equipment and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 42 companies featured in this Construction Equipment Aftermarket market report include:

• Caterpillar Inc.
• CNH Industrial N.V.
• Doosan Infracore
• Hitachi Construction Machinery Co., Ltd.
• Hyundai Construction Equipment
• JCB Ltd.
• John Deere Construction & Forestry
• Kobelco Construction Machinery Co., Ltd.
• Komatsu Ltd.
• Kubota Corporation
• Liebherr Group
• Manitou Group
• Sany Group
• Sumitomo Construction Machinery Co., Ltd.
• Takeuchi Manufacturing Co., Ltd.
• Terex Corporation
• Volvo Construction Equipment
• Wacker Neuson SE
• XCMG Group
• Zoomlion Heavy Industry Science & Technology Co., Ltd.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.