U.S. Construction Equipment Market to Reach 476.9 Thousand by 2031 | Arizton

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2026-2031.

According to Arizton recent research, the U.S. construction equipment market is expected to reach 476.9 thousand units by 2031, growing at a CAGR of 3.96% during the forecast period.

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U.S. Construction Equipment Market Snapshot
Market Size- Volume (2031): 476.9 Thousand Units
Market Size- Volume (2025): 377.7 Thousand Units
CAGR- Volume (2025-2031): 3.96%
Market Size- Revenue (2031): USD 83.89 Billion
Historic Year:2022-2024
Base Year:2025
Forecast Year:2026-2031
Equipment Type: Earthmoving Equipment, Road Construction Equipment, Material Handling Equipment, And Other Equipment
End-Users: Construction, Mining, Manufacturing, And Others

The U.S. construction equipment market is expected to witness steady growth over the forecast period, driven by strong infrastructure investment, rising industrial construction activity, and expanding AI-led data center development across the country. Federal funding through the Infrastructure Investment and Jobs Act (IIJA) continues to support large-scale transportation and public infrastructure projects, while growing investments in hyperscale data centers, manufacturing facilities, and renewable energy projects are creating sustained demand for earthmoving, road construction, and material handling equipment nationwide.

Large-Scale Infrastructure Projects Driving Heavy Equipment Utilization Across the U.S.
• Large-scale highway projects underway across the U.S. in 2026 are increasing demand for road construction equipment as contractors mobilize fleets to meet federally backed infrastructure timelines.

• Earthmoving equipment accounted for around 54% of the U.S. construction equipment market in 2025, supported by rising infrastructure activity and increasing demand for compact machinery across urban construction projects.

• U.S. public construction spending reached a seasonally adjusted annual rate of $529.2 billion in January 2026, reflecting higher equipment utilization across transportation and civil infrastructure developments.

• Government-funded highway modernization projects continue to strengthen demand for paving and road construction machinery nationwide.

• Expanding mining activity across more than 11,000 active U.S. mines is supporting sustained demand for heavy equipment used in excavation, hauling, and site-development operations.

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Hyperscale Emerging as a Key Demand Driver for Heavy Equipment
AI-led hyperscale expansion is rapidly becoming one of the most influential demand drivers for the U.S. construction equipment market. As companies such as Google, Microsoft, Amazon, Meta, and Oracle continue accelerating large-scale data center investments, contractors are witnessing rising deployment of earthmoving equipment, cranes, concrete machinery, and power infrastructure systems across major U.S. markets. With data center construction starts reaching approximately $103.7 billion through January 2026 following a 190% surge in 2025, hyperscale development is increasingly reshaping equipment utilization trends across key states including Virginia, Texas, Louisiana, and Mississippi.

Compact Track Loaders are Preferred Choice Across U.S. Construction Projects
Compact track loaders (CTLs) are gaining strong momentum across the U.S. construction equipment market as contractors increasingly prefer machines with better traction, versatility, and performance across demanding job sites. Demand is rising across data center construction, residential site grading, utility installation, and solar projects, where CTLs are steadily replacing traditional skid steer loaders. CTL sales increased from around 21,500 units in 2012 to over 90,000 units in 2022, highlighting the segment's strong growth potential. In response, manufacturers such as Kubota, Caterpillar, HD Hyundai Construction Equipment, and Yanmar are expanding product portfolios to meet rising contractor demand.

Contractors Increasingly Shifting Toward Rental & Leasing Equipment Models
Labor shortages continue to impact construction activity across the U.S., increasing operational pressure on contractors and delaying project timelines. According to the Associated Builders and Contractors, the industry will require an additional 349,000 workers in 2026 and 456,000 workers in 2027 to meet growing construction demand. Aging workers, rising retirements, and ongoing labor availability concerns are further pressuring contractors, particularly across equipment-intensive projects. As a result, many construction firms are increasingly shifting toward equipment rental and leasing models to reduce upfront investment costs, improve fleet flexibility, and manage project uncertainty more efficiently.

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Major Companies in the U.S. Construction Equipment Market
Key vendors include Caterpillar, Komatsu, Deere & Company, Volvo CE, Hitachi Construction Machinery, SANY, Kubota, and Bobcat.

The U.S. Construction Equipment Market Research Report Includes Segments By
• Earthmoving Equipment: Excavator, Backhoe Loaders, Wheeled Loaders, and Other Earthmoving Equipment (Other Loaders, Bulldozers, Trenchers, and Motor Graders)
• Road Construction Equipment: Road Rollers and Asphalt Pavers
• Material Handling Equipment: Crane, Forklift & Telescopic Handlers, and Aerial Platforms (Articulated Boom Lifts, Telescopic Boom lifts, and Scissor lifts)
• Other Construction Equipment: Dumper, Concrete Mixer, and Concrete Pump Truck
• End Users: Construction, Mining, Manufacturing, and Other End Users

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What Key Findings Will Our Research Analysis Reveal?
• How big is the U.S. construction equipment market?
• What is the growth rate of the U.S. construction equipment market?
• What are the trends in the U.S. construction equipment market?
• Who are the key players in the U.S. construction equipment market?
• Which are the major distributor companies in the U.S. construction equipment market?

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Founded in 2017, Arizton Advisory & Intelligence delivers data-driven market research and strategic consulting that empowers clients to make informed decisions and drive growth. Combining quantitative and qualitative insights, we provide in-depth analysis across industries including Agriculture, Consumer Goods, Technology, Automotive, Healthcare, Data Centers, and Logistics. Recognized by top-tier media, our expert team transforms complex market data into actionable strategies, helping clients anticipate trends, seize opportunities, and stay ahead of the competition.

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Source: Arizton Advisory & Intelligence

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