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Mexico Heavy Construction Equipment Market Report and Forecast 2025-2034

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    Report

  • 140 Pages
  • May 2025
  • Region: Mexico
  • Expert Market Research
  • ID: 6096731
The Mexico heavy construction equipment market size is projected to grow at a CAGR of 3.30% between 2025 and 2034. The market is being driven by the robust growth of the construction sector in Mexico.

Increasing gold mining activities are leading to an increase in the demand for earth moving machinery in Mexico. This is because they facilitate the excavation of rocks and preparation of ground for mining operations. They also help in material handling and haulage and are useful for road construction in difficult areas. Apart from this, the demand for earth-moving machinery is also being influenced by their increasing demand from the construction sector since they are useful for laying the foundation of new buildings and demolishing existing ones.

One of the key Mexico heavy construction equipment market trends is the increasing investments by Chinese market players into the Mexican market to enhance their production capabilities. This is in line with the anticipated growth of the construction sector in Mexico. Moreover, attractive government policies have created a favourable business environment for carrying out manufacturing-related businesses in Mexico, which is expected to drive the production of heavy construction equipment over the forecast period.

With the emergence of sustainability as a critical channel to promote a circular economic model of growth, the demand for recycling and waste management equipment is also expected to register significant growth, thereby influencing the Mexico heavy construction equipment market growth favourably.

Market Segmentation

Mexico Heavy Construction Equipment Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product:

  • Earth Moving Machinery_x000D_ _x000D_ Excavators _x000D_ Loaders _x000D_ Dozers _x000D_ Motor Graders _x000D_ Others _x000D_ _x000D_
  • Earth Moving Machinery_x000D_ _x000D_ Excavators _x000D_ Loaders _x000D_ Dozers _x000D_ Motor Graders _x000D_ Others _x000D_ _x000D_
  • Material Handling Machinery_x000D_ _x000D_ Cranes _x000D_ Telescopic Handlers _x000D_ Others _x000D_ _x000D_
  • Material Handling Machinery_x000D_ _x000D_ Cranes _x000D_ Telescopic Handlers _x000D_ Others _x000D_ _x000D_
  • Heavy Construction Vehicles_x000D_ _x000D_ Dumpers _x000D_ Tippers _x000D_ _x000D_
  • Heavy Construction Vehicles_x000D_ _x000D_ Dumpers _x000D_ Tippers _x000D_ _x000D_
  • Others

Market Breakup by Application:

  • Heavy Lifting
  • Material Handling
  • Transportation
  • Excavation and Demolition
  • Tunnelling
  • Recycling and Waste Management
  • Others

Market Breakup by End Use:

  • Mining
  • Infrastructure
  • Forestry and Agriculture
  • Construction and Manufacturing
  • Others

Market Breakup by Region:

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

Competitive Landscape

Key players in the Mexico heavy construction equipment market are:

  • Caterpillar Inc.
  • AB Volvo
  • Deere & Company
  • CNH Industrial NV
  • J C Bamford Excavators Ltd.
  • Liebherr-International Deutschland GmbH
  • SANY Group
  • HD Hyundai Co. Ltd.
  • Komatsu Ltd.
  • Terex Corporation
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Heavy Construction Equipment Market Overview
5.1 Key Industry Highlights
5.2 Latin America Heavy Construction Equipment Historical Market (2018-2024)
5.3 Latin America Heavy Construction Equipment Market Forecast (2025-2034)
5.4 Latin America Heavy Construction Equipment Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Others
6 Mexico Heavy Construction Equipment Market Overview
6.1 Key Industry Highlights
6.2 Mexico Heavy Construction Equipment Historical Market (2018-2024)
6.3 Mexico Heavy Construction Equipment Market Forecast (2025-2034)
7 Mexico Heavy Construction Equipment Market by Product
7.1 Earth Moving Machinery
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.1.3 Breakup by Type
7.1.3.1 Excavators
7.1.3.2 Loaders
7.1.3.3 Dozers
7.1.3.4 Motor Graders
7.1.3.5 Others
7.2 Material Handling Machinery
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.2.3 Breakup by Type
7.2.3.1 Cranes
7.2.3.2 Telescopic Handlers
7.2.3.3 Others
7.3 Heavy Construction Vehicles
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.3.3 Breakup by Type
7.3.3.1 Dumpers
7.3.3.2 Tippers
7.4 Others
8 Mexico Heavy Construction Equipment Market by Application
8.1 Heavy Lifting
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Material Handling
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Transportation
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Excavation and Demolition
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Tunnelling
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Recycling and Waste Management
8.6.1 Historical Trend (2018-2024)
8.6.2 Forecast Trend (2025-2034)
8.7 Others
9 Mexico Heavy Construction Equipment Market by End Use
9.1 Mining
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Infrastructure
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Forestry and Agriculture
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Construction and Manufacturing
9.4.1 Historical Trend (2018-2024)
9.4.2 Forecast Trend (2025-2034)
9.5 Others
10 Mexico Heavy Construction Equipment Market by Region
10.1 Baja California
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Northern Mexico
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 The Bajío
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Central Mexico
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Pacific Coast
10.5.1 Historical Trend (2018-2024)
10.5.2 Forecast Trend (2025-2034)
10.6 Yucatan Peninsula
10.6.1 Historical Trend (2018-2024)
10.6.2 Forecast Trend (2025-2034)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Powers
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Caterpillar Inc.
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 AB Volvo
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Deere & Company
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 CNH Industrial NV
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 J C Bamford Excavators Ltd.
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Liebherr-International Deutschland GmbH
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 SANY Group
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 HD Hyundai Co. Ltd.
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 Komatsu Ltd.
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 Terex Corporation
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Others

Companies Mentioned

  • Caterpillar Inc.
  • AB Volvo
  • Deere & Company
  • CNH Industrial NV
  • J C Bamford Excavators Ltd.
  • Liebherr-International Deutschland GmbH
  • SANY Group
  • HD Hyundai Co. Ltd.
  • Komatsu Ltd.
  • Terex Corporation