• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    US Construction Mining Equipment Market

    ID: MRFR/CO/12555-HCR
    100 Pages
    Snehal Singh
    October 2025

    US Construction Mining Equipment Market Research Report: By Product Type (Loaders, Dozers, Excavators, Crushing, Pulverizing & Screening Equipment, Others), By Market Type (New Sales, Aftermarket) and By Propulsion Type (Diesel, CNG/LNG/RNG) - Forecast to 2035.

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Construction Mining Equipment Market Infographic
    Purchase Options

    US Construction Mining Equipment Market Summary

    As per MRFR analysis, the US construction mining-equipment market size was estimated at 1271.8 USD Million in 2024. The US construction mining-equipment market is projected to grow from 1342.0 USD Million in 2025 to 2296.2 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.52% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US construction mining-equipment market is experiencing a transformative shift driven by technological advancements and sustainability initiatives.

    • Technological integration is reshaping the construction mining-equipment market, enhancing efficiency and productivity.
    • A growing focus on sustainability is influencing equipment design and operational practices across the sector.
    • Infrastructure investment remains robust, particularly in the largest segment of earthmoving equipment, which is crucial for urban development.
    • Rising demand for automation and increased regulatory compliance are key drivers propelling market growth in the fastest-growing segment of material handling equipment.

    Market Size & Forecast

    2024 Market Size 1271.8 (USD Million)
    2035 Market Size 2296.2 (USD Million)

    Major Players

    Caterpillar Inc (US), Komatsu Ltd (JP), Hitachi Construction Machinery Co Ltd (JP), Volvo Construction Equipment (SE), Doosan Infracore Co Ltd (KR), JCB (GB), Terex Corporation (US), CNH Industrial N.V. (GB)

    US Construction Mining Equipment Market Trends

    The construction mining-equipment market is currently experiencing a dynamic phase characterized by technological advancements and evolving consumer preferences. Innovations in equipment design and functionality are reshaping the landscape, as manufacturers increasingly integrate automation and smart technologies into their offerings. This shift not only enhances operational efficiency but also addresses the growing demand for sustainability within the industry. As environmental regulations become more stringent, companies are compelled to adopt greener practices, which may influence their equipment choices and operational strategies. Moreover, the market appears to be influenced by fluctuations in infrastructure spending and construction activities across various sectors. Government initiatives aimed at improving infrastructure are likely to drive demand for construction mining equipment, as public and private investments increase. The ongoing emphasis on safety and compliance with regulatory standards further shapes purchasing decisions, compelling stakeholders to prioritize equipment that meets these requirements. Overall, the construction mining-equipment market is poised for growth, driven by innovation, regulatory pressures, and a focus on sustainability.

    Technological Integration

    The construction mining-equipment market is witnessing a notable trend towards the integration of advanced technologies. Equipment manufacturers are increasingly incorporating automation, telematics, and artificial intelligence into their products. This trend enhances operational efficiency, reduces downtime, and improves safety on job sites. As a result, companies are likely to invest in smart equipment that can provide real-time data and analytics, facilitating better decision-making.

    Sustainability Focus

    There is a growing emphasis on sustainability within the construction mining-equipment market. Companies are responding to environmental concerns by developing equipment that minimizes emissions and reduces energy consumption. This trend is driven by regulatory pressures and a shift in consumer preferences towards greener solutions. As a result, manufacturers are likely to prioritize eco-friendly technologies and practices in their product development.

    Infrastructure Investment

    Investment in infrastructure projects is a significant driver of demand in the construction mining-equipment market. Government initiatives aimed at enhancing transportation networks, utilities, and public facilities are expected to boost equipment sales. This trend indicates a potential increase in construction activities, leading to heightened demand for various types of mining and construction equipment.

    US Construction Mining Equipment Market Drivers

    Surge in Urbanization

    Urbanization is a critical factor impacting the construction mining-equipment market, particularly in the United States. As urban areas expand, the demand for infrastructure development, including roads, bridges, and buildings, increases. This surge in construction activity necessitates the use of advanced mining equipment to meet the growing needs of urban populations. Recent statistics indicate that urban areas are projected to house over 80% of the US population by 2050, leading to a heightened demand for construction services. Consequently, the construction mining-equipment market is likely to benefit from this trend, as companies invest in modern equipment to support urban development.

    Rising Demand for Automation

    The construction mining-equipment market is experiencing a notable shift towards automation, driven by the need for increased efficiency and reduced labor costs. Automation technologies, such as autonomous vehicles and advanced robotics, are being integrated into construction processes. This trend is expected to enhance productivity and safety on job sites. According to recent data, the market for automated construction equipment is projected to grow at a CAGR of approximately 15% over the next five years. As companies seek to optimize operations, the adoption of automated solutions is likely to become a key driver in the construction mining-equipment market.

    Increased Regulatory Compliance

    The construction mining-equipment market is significantly influenced by stringent regulatory frameworks aimed at ensuring safety and environmental protection. Regulations concerning emissions, noise levels, and worker safety are becoming more rigorous, compelling manufacturers to innovate and adapt their equipment accordingly. Compliance with these regulations often requires substantial investment in research and development, which can drive up costs. However, companies that successfully navigate these regulations may gain a competitive edge. The market is expected to see a shift towards more eco-friendly and compliant equipment, which could represent a substantial opportunity for growth in the construction mining-equipment market.

    Growing Focus on Safety Standards

    Safety remains a paramount concern within the construction mining-equipment market, influencing equipment design and operational protocols. The increasing emphasis on worker safety has led to the development of advanced safety features in machinery, such as improved visibility, automatic shut-off systems, and enhanced ergonomics. Companies are investing in training programs and safety certifications to comply with evolving standards. This focus on safety not only protects workers but also reduces liability for companies. As safety regulations become more stringent, the construction mining-equipment market is likely to see a rise in demand for equipment that meets these enhanced safety standards, driving innovation and growth.

    Technological Advancements in Equipment

    The construction mining-equipment market is witnessing rapid technological advancements that are reshaping the industry landscape. Innovations such as telematics, IoT integration, and machine learning are enhancing equipment performance and operational efficiency. These technologies enable real-time monitoring and predictive maintenance, reducing downtime and operational costs. As a result, companies are increasingly investing in state-of-the-art equipment to remain competitive. The market for technologically advanced construction mining equipment is expected to grow significantly, with estimates suggesting a potential increase of 20% in market value over the next few years. This trend indicates a strong shift towards smarter, more efficient equipment in the construction mining-equipment market.

    Market Segment Insights

    By Product Type: Excavators (Largest) vs. Loaders (Fastest-Growing)

    In the US construction mining-equipment market, excavators hold a significant market share due to their versatility and wide application in various construction projects. Loaders also capture a notable share yet are experiencing rapid growth as construction demands evolve and companies seek more efficient machinery solutions. This shift reflects a growing preference for equipment that can handle multiple tasks, thereby boosting loader sales in recent years. The increasing urbanization and infrastructure development across the US are driving the demand for advanced machinery, particularly loaders. Additionally, technological advancements, like automation and improved fuel efficiency, are making loaders the fastest-growing segment. These trends suggest a dynamic market landscape where both excavators and loaders play crucial roles in meeting construction demands, with loaders rapidly gaining ground in this competitive arena.

    Excavators (Dominant) vs. Loaders (Emerging)

    Excavators are the dominant force in the US construction mining-equipment market, favored for their powerful digging capability and adaptability to various job sites. Their widespread use in demolition, digging, and heavy lifting makes them an essential asset for construction companies. In contrast, loaders are emerging as a vital category due to their ability to streamline multiple tasks, from loading materials to site preparation. This flexibility is becoming increasingly important as projects require faster turnaround times and efficiency. The growth in loader sales is also propelled by innovations that enhance operational efficiency, making them an attractive choice for modern construction needs while complementing the robust performance of excavators.

    By Market Type: New Sales (Largest) vs. Aftermarket (Fastest-Growing)

    In the US construction mining-equipment market, the market share is skewed heavily towards new sales, which account for a significant majority of transactions. This reflects the ongoing demand for advanced machinery to support construction and mining activities, facilitating growth in infrastructure and resource extraction. In contrast, the aftermarket segment, while smaller in share, is gaining traction as equipment maintenance and parts replacement become increasingly necessary for operational efficiency. The growth trends within this market segment reveal a robust expansion trajectory for the aftermarket, bolstered by rising equipment usage and the aging of existing machinery. As companies seek to maximize asset life and minimize downtime, aftermarket services are evolving to become increasingly vital. This shift is driven by technological advancements allowing for improved service delivery, alongside mounting pressures for cost efficiency in construction operations.

    Market Type: New Sales (Dominant) vs. Aftermarket (Emerging)

    New sales in the US construction mining-equipment market represent the dominant force, driven by the proliferation of innovative machinery that enhances productivity and efficiency on site. These sales benefit from an influx of investment in construction projects, reflecting the need for modernized equipment. Conversely, the aftermarket segment is emerging as a crucial component in the market landscape, characterized by a focus on parts, service, and support. As equipment ages and operational demands increase, the aftermarket provides necessary solutions to extend the life of existing machines. This segment is rapidly expanding due to the increasing complexity of construction tasks, necessitating specialized maintenance and support, making it a key player in the overall market dynamics.

    By Propulsion Type: Diesel (Largest) vs. CNG/LNG/RNG (Fastest-Growing)

    In the US construction mining-equipment market, the propulsion type segment showcases a competitive landscape where Diesel holds the largest market share due to its established infrastructure and reliability. As traditional machinery predominantly relies on diesel engines, the market maintains a strong demand for this propulsion type, reflecting its dominance in various applications ranging from excavation to hauling operations. On the other hand, CNG/LNG/RNG is recognized as the fastest-growing segment within the propulsion category. This surge is driven by an increasing emphasis on sustainability and emission reduction policies, prompting construction firms to explore alternative propulsion options. The transition towards cleaner fuels not only enhances regulatory compliance but also aligns with evolving client expectations for environmentally friendly practices.

    Diesel (Dominant) vs. CNG/LNG/RNG (Emerging)

    Diesel propulsion remains the dominant force in the US construction mining-equipment market, offering unmatched power and efficiency which are critical for heavy-duty operations. The established infrastructure supporting diesel technology makes it the go-to choice for contractors requiring reliability and performance. Conversely, CNG/LNG/RNG is an emerging segment that is gaining traction due to growing environmental concerns and government incentives for clean energy adoption. As this propulsion type develops, it presents cost-saving opportunities for companies aiming to lower their fuel expenses while adhering to stricter emissions regulations. The evolving market dynamics indicate a shift where CNG/LNG/RNG could play a significant role in the future landscape of construction mining equipment.

    Get more detailed insights about US Construction Mining Equipment Market

    Key Players and Competitive Insights

    The construction mining-equipment market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for efficient machinery. Major players such as Caterpillar Inc (US), Komatsu Ltd (JP), and Volvo Construction Equipment (SE) are at the forefront, each adopting distinct strategies to enhance their market positioning. Caterpillar Inc (US) focuses on innovation and sustainability, investing heavily in electric and hybrid machinery to meet evolving environmental regulations. Meanwhile, Komatsu Ltd (JP) emphasizes digital transformation, integrating IoT and AI into their equipment to improve operational efficiency and reduce downtime. Volvo Construction Equipment (SE) is also prioritizing sustainability, with a commitment to reducing carbon emissions across its product line, thereby appealing to environmentally conscious consumers.

    The market structure appears moderately fragmented, with several key players exerting influence while also facing competition from smaller, specialized manufacturers. Business tactics such as localizing manufacturing and optimizing supply chains are prevalent among these companies, allowing them to respond swiftly to regional demands and mitigate risks associated with global supply chain disruptions. This collective approach not only enhances operational efficiency but also fosters a competitive environment where innovation and responsiveness are paramount.

    In October 2025, Caterpillar Inc (US) announced the launch of its new line of electric excavators, which are designed to reduce emissions by up to 50% compared to traditional models. This strategic move underscores Caterpillar's commitment to sustainability and positions the company as a leader in the transition towards greener construction practices. The introduction of these excavators is likely to attract environmentally conscious clients and may set a new standard within the industry.

    In September 2025, Komatsu Ltd (JP) unveiled its latest AI-driven fleet management system, which aims to optimize equipment utilization and maintenance schedules. This innovation not only enhances operational efficiency but also reduces costs for end-users. By leveraging advanced analytics, Komatsu is positioning itself as a technology leader, potentially reshaping how construction projects are managed and executed.

    In August 2025, Volvo Construction Equipment (SE) entered a strategic partnership with a leading renewable energy firm to develop hybrid construction machinery powered by sustainable energy sources. This collaboration highlights Volvo's proactive approach to sustainability and innovation, aligning with global trends towards greener construction solutions. Such partnerships may enhance Volvo's competitive edge and appeal to a broader customer base seeking environmentally friendly options.

    As of November 2025, the competitive trends within the construction mining-equipment market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances are becoming more common, as companies recognize the value of collaboration in driving innovation and enhancing product offerings. Looking ahead, it is anticipated that competitive differentiation will increasingly shift from price-based competition to a focus on technological innovation, reliability of supply chains, and sustainable practices, thereby reshaping the market landscape.

    Key Companies in the US Construction Mining Equipment Market market include

    Industry Developments

    In recent developments within the US Construction Mining Equipment Market, Caterpillar reported strong Q3 earnings in October 2023, largely due to increased demand for their heavy machinery as infrastructure projects ramp up. Similarly, John Deere's latest quarterly results showed significant revenue growth attributed to robust agricultural and construction equipment sales. In September 2023, Bobcat Company unveiled new product innovations designed to enhance productivity and efficiency in the construction sector. Significant mergers and acquisitions have also impacted the market, with Komatsu announcing in August 2023 its intent to acquire a regional dealer to strengthen its market presence further.

    Additionally, Case Construction Equipment expanded its portfolio through a strategic acquisition in July 2023, focusing on enhancing its telehandler offerings. The overall market valuation for US construction mining equipment has experienced growth, driven by government infrastructure initiatives and increased construction activities post-pandemic. Notably, investment in sustainable machinery has become a focal point, with companies like Volvo and Hitachi Construction Machinery ramping up their efforts in electric and hybrid equipment. This trend indicates a shift towards greener solutions in the construction sector.

    Future Outlook

    US Construction Mining Equipment Market Future Outlook

    The construction mining-equipment market is projected to grow at a 5.52% CAGR from 2024 to 2035, driven by technological advancements, infrastructure investments, and sustainability initiatives.

    New opportunities lie in:

    • Development of autonomous machinery for enhanced operational efficiency.
    • Integration of IoT for real-time equipment monitoring and maintenance.
    • Expansion into renewable energy sector with specialized equipment solutions.

    By 2035, the market is expected to achieve robust growth, driven by innovation and strategic investments.

    Market Segmentation

    US Construction Mining Equipment Market Market Type Outlook

    • New Sales
    • Aftermarket

    US Construction Mining Equipment Market Product Type Outlook

    • Loaders
    • Dozers
    • Excavators
    • Crushing
    • Pulverizing & Screening Equipment
    • Others

    US Construction Mining Equipment Market Propulsion Type Outlook

    • Diesel
    • CNG/LNG/RNG

    Report Scope

    MARKET SIZE 2024 1271.8(USD Million)
    MARKET SIZE 2025 1342.0(USD Million)
    MARKET SIZE 2035 2296.2(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 5.52% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Caterpillar Inc (US), Komatsu Ltd (JP), Hitachi Construction Machinery Co Ltd (JP), Volvo Construction Equipment (SE), Doosan Infracore Co Ltd (KR), JCB (GB), Terex Corporation (US), CNH Industrial N.V. (GB)
    Segments Covered Product Type, Market Type, Propulsion Type
    Key Market Opportunities Integration of advanced automation and AI technologies in construction mining-equipment market operations.
    Key Market Dynamics Technological advancements drive efficiency and sustainability in the construction mining-equipment market, reshaping competitive dynamics.
    Countries Covered US

    Leave a Comment

    FAQs

    What is the projected market size of the US Construction Mining Equipment Market in 2024?

    The US Construction Mining Equipment Market is expected to be valued at 1.15 billion USD in 2024.

    What will the market size be in 2035?

    In 2035, the market size of the US Construction Mining Equipment Market is projected to reach 2.0 billion USD.

    What is the expected CAGR for the US Construction Mining Equipment Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 5.159% from 2025 to 2035.

    What are the major product segments in the US Construction Mining Equipment Market?

    The major product segments include Loaders, Dozers, Excavators, Crushing, and Pulverizing & Screening Equipment.

    Which product segment is expected to have the highest market value in 2035?

    The Loaders segment is expected to have the highest market value at 0.48 billion USD in 2035.

    Who are the key players in the US Construction Mining Equipment Market?

    Key players in the market include Caterpillar, John Deere, Manitou Group, and Volvo, among others.

    What is the expected market value for Excavators in 2024?

    The Excavators segment is valued at 0.35 billion USD in 2024.

    Which company is expected to dominate the market share?

    Caterpillar is expected to dominate the market share among the key competitors.

    What is the projected market value for Crushing equipment by 2035?

    The Crushing equipment segment is projected to reach a market value of 0.24 billion USD by 2035.

    What are the growth drivers for the US Construction Mining Equipment Market?

    Key growth drivers include increasing infrastructure projects and demand for advanced machinery.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions