In 2011, the global construction equipment market was estimated to be sized at around 109.6 billion U.S. dollars. The North American market was the second biggest market for construction equipment worldwide, generating revenue streams of about 25.8 billion U.S. dollars in 2011. That year, Caterpillar topped the list of the world’s largest construction machinery makers. The Illinois-based manufacturer of engines and machines such as skid steer loaders, off-highway trucks and wheel excavators generated around 57.39 billion U.S. dollars in global revenue. Along with crawler dozers, crawler excavators and aerial work platforms, wheel loaders ranked among the most important product categories in 2011, reaching a nine percent market share of the North American construction equipment market that year.

In 2010, the United States exported agricultural and construction machinery to the value of approximately 36.7 billion U.S. dollars. Photo: istockphoto.com / filonmar

• • Overview
  • Importance in the nation's economy
• • U.S. construction equipment market
  • Outlook