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Rising Construction Activities To Propel Growth Of The Construction Machinery Attachment Market: The Driving Engine Behind Construction Machinery Attachment Market Evolution in 2025

08-05-2025 08:42 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Construction Machinery Attachment

Construction Machinery Attachment

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Construction Machinery Attachment Market Size Growth Forecast: What to Expect by 2025?
The market size for construction machinery attachments has observed considerable growth in recent times. Expectations are for it to increase from $6.08 billion in 2024 to $6.41 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. The significant growth seen in the historical period is a result of multiple factors including, a surge in global construction activities, the rising uptake of modern construction technologies, the broadening of infrastructure development initiatives, a heightened demand for effective and flexible machinery, and urbanization and industrialization trends.

How Will the Construction Machinery Attachment Market Size Evolve and Grow by 2029?
We can expect a robust expansion of the construction machinery attachment market in the upcoming years. The market is forecasted to surge to $7.83 billion in 2029, with a compound annual growth rate (CAGR) of 5.1%. This predicted growth during the forecast period is due to several factors such as ongoing urbanization and infrastructure development, advances in attachment design and function, an intensified focus on sustainable and green construction methods, growth in the equipment rental market, burgeoning construction activities in burgeoning markets, and the advent of automated and intelligent construction machinery. The primary trends for the forecast period constitute innovations in attachment design and functionality, adoption of automated and smart equipment, expansion in equipment rental, sustainability and green practices, and technological developments.

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What Drivers Are Propelling the Growth of Construction Machinery Attachment Market Forward?
The growth of the construction machinery attachment market is expected to be fueled by an upsurge in construction activities. This rise in construction activity can be attributed to the growth in urbanization and infrastructural development, propelled by economic expansion and population growth. Furthermore, the construction sector is bolstered by government investments in commercial and residential projects. Construction machinery attachments, capable of performing an array of tasks like digging, lifting, and grading, enhance the versatility of equipment, thereby boosting job site efficiency and productivity. For example, figures from the US-based baking and research organization, the Federal Reserve Bank of St. Louis, showed that in June 2024, the number of new privately owned housing units under construction rose from 1525 thousand units in 2021 to 1692 thousand units in 2022. Hence, the augmentation in construction activities looks set to propel the development of the construction machinery attachment market.

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Which Emerging Trends Are Transforming the Construction Machinery Attachment Market in 2025?
Major corporations in the construction machinery attachment market are placing emphasis on creating forward-thinking solutions such as AI-fueled excavators to attain a competitive advantage in the sector. The AI-operated excavator is a construction tool that has been upgraded with artificial intelligence capabilities to improve its overall performance, accuracy, and safety. For instance, in January 2024, Hyundai Motor Company, an automobile manufacturing company from South Korea, unveiled an AI-operated Concept X excavator. The Concept X excavator, powered by AI, boasts of independent operation directed by advanced algorithms, boosting precision and productivity at construction sites. Furthermore, the excavator is entirely dependent on electric energy, using electric motors and actuators as substitutes for hydraulic systems for its boom arm.

What Are the Key Segments in the Construction Machinery Attachment Market?
The construction machinery attachment market covered in this report is segmented -

1) By Attachment Type: Excavator Buckets, Grapples, Quick Couplers, Concrete Pulverizers, Rakes, Forks, Other Attachment Types
2) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
3) By Application: Earthmoving, Landscaping, Roadwork, Demolition, Miscellaneous
4) By End-Use Industry: Solid Waste Management, Agricultural Farm's Application, Construction, Mining, Trenching

Subsegments:
1) By Excavator Buckets: General Purpose Buckets, Heavy Duty Buckets, Trenching Buckets, Ditch Cleaning Buckets
2) By Grapples: Clamshell Grapples, Orange Peel Grapples, Demolition Grapples
3) By Quick Couplers: Mechanical Quick Couplers, Hydraulic Quick Couplers, Manual Quick Couplers
4) By Concrete Pulverizers: Fixed Pulverizers, Rotating Pulverizers
5) By Rakes: Land Rakes, Rock Rakes, Soil Rakes
6) By Forks: Pallet Forks, Material Handling Forks
7) By Other Attachment Types: Hydraulic Hammers, Augers, Shears, Compactors

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Who Are the Key Players Shaping the Construction Machinery Attachment Market's Competitive Landscape?
Major companies operating in the construction machinery attachment market are Caterpillar Inc., Deere & Company, Komatsu Ltd., Liebherr-International Deutschland GmbH, Sandvik Mining and Construction GmbH, Volvo Construction Equipment AB, Hitachi Construction Machinery Co. Ltd, Joseph Cyril Bamford Excavators Ltd, Doosan Bobcat Inc., SANY America Inc, Epiroc Aktiebolag, Manitou Group, CNH Industrial N.V., Kenco Group Inc., Rockland SAS, Craig Manufacturing Ltd., Doosan Heavy Industries & Construction, Geith International Limited, Tata Hitachi Construction Machinery Company Private Limited, Hyundai Construction Equipment Co. Ltd., Strickland Mfg LLC, Mb Crusher India Private Limited, J.C. Bamford Excavators Limited, Teran Industries Inc.

What Geographic Markets Are Powering Growth in the Construction Machinery Attachment Market?
Asia-Pacific was the largest region in the construction machinery attachment market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the construction machinery attachment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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