Sales of construction equipment - worldwide by region 2022

Premium-Statistic | This statistic represents projected worldwide construction equipment unit sales by 2022, with a breakdown by country or region. In 2022, around 267,350 construction machines are expected to be sold to customers in North America.

Construction equipment sales worldwide – additional information

The global construction equipment market is forecasted to grow at a steady rate: 2022 construction equipment sales are predicted to amount to over 1 million units across all markets. The fourth largest construction equipment market worldwide, Europe, is forecast to consistently lose market share and dip to 149,953 unit sales by 2022.

Regardless of slowing world economic growth, the Chinese construction equipment has experienced growth across all segments within the construction equipment sector. In 2015, most construction equipments sold in China were from the semi-trailer truck, lift truck and track excavator category. Sales of cranes, in particular, more than doubled within the five years’ period to reach some 100,000 units sold in the country.

As of 2017, the largest construction machinery manufacturer globally, in terms of construction equipment sales, was U.S.-based Caterpillar: the company generated over 26.6 billion U.S. dollars in revenue from construction equipment sales, followed by Japan’s Komatsu at about 19 billion U.S. dollars and Hitachi.