United States Construction Machinery Market Size, Share, and COVID-19 Impact Analysis, By Application (Commercial, Residential, and Infrastructure), By End Use (Mining, Oil & Gas, and Public Works), and United States Construction Machinery Market Insights, Industry Trend, Forecasts to 2035

United States Construction Machinery Market Insights Forecasts to 2035

• The USA Construction Machinery Market Size is Expected to Grow at a CAGR of around 4.1% from 2025 to 2035.
• The United States Construction Machinery Market Size is Expected to Hold a Significant Share by 2035.

According to a research report published by Spherical Insights and Consulting, The United States construction machinery market Size is expected to hold a significant share by 2035, growing at a CAGR of 4.1% from 2025 to 2035. The growth of the United States construction machinery market is fueled by increased infrastructure spending, rapid urbanization, and rising demand for residential and commercial development. Government initiatives, such as the Infrastructure Investment and Jobs Act, are key drivers, alongside technological advancements like automation and IoT integration.

Market Overview

The United States construction machinery market encompasses the production, distribution, and maintenance of equipment such as excavators, loaders, bulldozers, and cranes used across residential, commercial, and infrastructure projects. This market plays a crucial role in supporting national development, with its growth primarily driven by increasing infrastructure investments, rapid urbanization, and the ongoing adoption of advanced technologies. Key drivers include the federal government’s Infrastructure Investment and Jobs Act, which allocates funds to upgrade roads, bridges, and energy systems, thereby boosting demand for heavy machinery. Urban expansion, of the population is expected to reside in cities, further fuels the need for construction equipment. The sector's strength lies in its technological evolution, with innovations such as automation, AI, and IoT enhancing machine efficiency, precision, and safety. Opportunities abound in the shift toward electric and sustainable machinery, supported by government grants and funding to advance electric vehicle and equipment infrastructure.

Report Coverage

This research report categorizes the market for the United States construction machinery market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States construction machinery market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States construction machinery market.

Driving Factors

The strong infrastructure investments, rapid urbanization, and technological advancement, along with major federal funding initiatives, such as the Infrastructure Investment and Jobs Act, are significantly increasing demand for construction equipment needed for large-scale projects, including roads, bridges, and energy systems. Urban growth and the rising need for residential and commercial development are also key contributors to market expansion. Additionally, the demand for automation and the integration of technologies like IoT, AI, and telematics into machinery are enhancing operational efficiency and safety, further boosting equipment demand. Labor shortages, environmental regulations, and sustainability goals are accelerating the shift toward electric and energy-efficient construction equipment.

Restraining Factors

The increasing prices, driven by global supply chain disruptions and geopolitical tensions, have increased production expenses and extended lead times. Additionally, labor shortages, exacerbated by an aging workforce and insufficient skilled labor, hinder manufacturing and assembly processes. Regulatory pressures, such as stringent environmental standards and emissions regulations, necessitate costly redesigns and compliance measures.

Market Segmentation

The United States construction machinery market share is classified into application and end use.

• The infrastructure segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United States construction machinery market is segmented by application into commercial, residential, and infrastructure. Among these, the infrastructure segment held the highest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This segmental growth is driven by significant government investments in public works and projects such as roads, bridges, and energy systems, fueling demand for heavy machinery like excavators, bulldozers, and pavers.

• The public works segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United States construction machinery market is segmented by end use into mining, oil & gas, and public works. Among these, the public works segment held a substantial share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is attributed to the growing urbanization and government funding for infrastructure like public transportation, roads, bridges, and commercial construction. The focus on sustainable and smart city initiatives is driving the demand for advanced construction machinery in this segment. 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States construction machinery market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Caterpillar Inc.
• Kobelco Construction Machinery America
• Deere & Company
• Terex Corporation
• Manitowoc Company
• JLG Industries
• Genie Industries
• Astec Industries
• Vermeer Corporation
• Gehl Company
• Case Construction Equipment
• Bobcat Company
• Link-Belt Cranes
• The Manitowoc Company
• Oshkosh Corporation
• Others

Recent Developments:

• In October 2024, Caterpillar unveiled the updated Cat 903 compact wheel loader, built on the foundation of the Cat 903D. With its Cat C1.7 engine, the new loader offers 17% more horsepower than the previous model. The increase in power delivers improved performance when pushing, operating on grades, and using drive, steer, and lift functions simultaneously. It provides a higher full turn tip load rating of 5,516 lb (2552 kg).

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the U.S., regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United States construction machinery market based on the below-mentioned segments:

USA Construction Machinery Market, By Application

• Commercial
• Residential
• Infrastructure

USA Construction Machinery Market, By End Use

• Mining
• Oil & Gas
• Public Works