Construction Equipment Aftermarket Strategic Business Report 2025: Market to grow by $5 Billion by 2030, Driven by Predictive Maintenance, Digital Parts Procurement, and Infrastructure Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Construction Equipment Aftermarket - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Construction Equipment Aftermarket was estimated at US$26.3 Billion in 2024 and is projected to reach US$31.3 Billion by 2030, growing at a CAGR of 2.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The construction equipment aftermarket has become a vital industry segment, providing essential parts, maintenance services, and support for heavy machinery. With rising equipment costs, construction firms are focusing on extending machine lifecycles through aftermarket solutions. From replacement components to specialized repair services, the aftermarket ecosystem is thriving as companies seek cost-effective alternatives to purchasing new equipment.

What's Driving Market Growth?

The growth in the construction equipment aftermarket is driven by several factors, including increasing demand for cost-efficient maintenance solutions, advancements in predictive maintenance technology, and the rise of digital spare parts procurement platforms. The expansion of infrastructure projects, coupled with the growing preference for rental equipment, is also fueling aftermarket demand. Additionally, regulatory mandates for equipment efficiency and emissions compliance are encouraging businesses to invest in advanced servicing and remanufacturing solutions.

How Are Digital Platforms Enhancing Aftermarket Services?

The rise of e-commerce and digital platforms has transformed the construction equipment aftermarket. Online marketplaces now enable seamless procurement of spare parts, reducing downtime and improving supply chain efficiency. AI-driven predictive maintenance is also gaining traction, allowing companies to schedule repairs before machinery failures occur. Cloud-based asset management systems are further streamlining equipment tracking, ensuring timely maintenance and reducing operational disruptions.

What Role Do Sustainability and Remanufacturing Play?

Sustainability is a key focus in the construction equipment aftermarket, with manufacturers investing in remanufactured parts to reduce waste and carbon emissions. The growing preference for refurbished engines, hydraulic systems, and undercarriage components is making aftermarket solutions more attractive. Additionally, eco-friendly lubricants and biodegradable hydraulic fluids are being adopted to enhance machine performance while minimizing environmental impact.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Caterpillar Inc., CNH Industrial N.V., Doosan Infracore, Hitachi Construction Machinery Co., Ltd., Hyundai Construction Equipment and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Earthmoving & Roadbuilding Equipment segment, which is expected to reach US$16.5 Billion by 2030 with a CAGR of a 3.4%. The Material Handling & Cranes segment is also set to grow at 2.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $7.2 Billion in 2024, and China, forecasted to grow at an impressive 5.6% CAGR to reach $6.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Scope of Study:

• Segments: Equipment Type (Earthmoving and Roadbuilding Equipment, Material Handling and Cranes, Concrete Equipment); Distribution Channel (Offline Distribution Channel, Online Distribution Channel)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Some of the 42 companies featured in this Construction Equipment Aftermarket market report include:

• Caterpillar Inc.
• CNH Industrial N.V.
• Doosan Infracore
• Hitachi Construction Machinery Co., Ltd.
• Hyundai Construction Equipment
• JCB Ltd.
• John Deere Construction & Forestry
• Kobelco Construction Machinery Co., Ltd.
• Komatsu Ltd.
• Kubota Corporation
• Liebherr Group
• Manitou Group
• Sany Group
• Sumitomo Construction Machinery Co., Ltd.
• Takeuchi Manufacturing Co., Ltd.
• Terex Corporation
• Volvo Construction Equipment
• Wacker Neuson SE
• XCMG Group
• Zoomlion Heavy Industry Science & Technology Co., Ltd.

Key Attributes:

Report Attribute	Details
No. of Pages	276
Forecast Period	2024 - 2030
Estimated Market Value (USD) in 2024	$26.3 Billion
Forecasted Market Value (USD) by 2030	$31.3 Billion
Compound Annual Growth Rate	2.9%
Regions Covered	Global

MARKET OVERVIEW

• Influencer Market Insights
• Tariff Impact on Global Supply Chain Patterns
• Construction Equipment Aftermarket - Global Key Competitors Percentage Market Share in 2025 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)

MARKET TRENDS & DRIVERS

• Rising Equipment Lifecycle Management Demands Supporting Aftermarket Growth
• Increased Usage of Predictive Maintenance Tools Boosting Spare Parts Demand
• Growth in Rental Equipment Requiring Frequent Part Replacements
• OEMs Expanding Aftermarket Offerings Through Digital Portals
• Surge in Refurbishment and Remanufacturing Activities Enhancing Sustainability
• Growing Availability of Telematics and Diagnostic Tools for Aftermarket Servicing
• Expansion of E-Commerce Channels for Genuine and Third-Party Parts
• Fleet Expansion in Infrastructure and Real Estate Projects Elevating Part Consumption
• Rise in Long-Term Maintenance Contracts and Service Agreements
• Demand for Training and Remote Assistance in Equipment Maintenance
• Increased Market Penetration of Local and Regional Distributors
• Growth of Mobile Service Units Enabling On-Site Repairs and Part Swaps
• Advancement in Inventory and Logistics Management Optimizing Turnaround Time
• End-User Preference for Cost-Effective Maintenance Extending Equipment Life

For more information about this report visit https://www.researchandmarkets.com/r/ojxyxw

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