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The Mexico construction equipment market size by volume was valued at 29,323 units in 2023 and is expected to reach 36,183 units by 2029, growing at a CAGR of 3.57%
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The Mexico heavy construction equipment market size is projected to grow at a CAGR of 3.30% between 2025 and 2034. The market is being driven by the robust growth of the construction sector in Mexico.
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In Mexico Heavy Construction Equipment Market, is projected to grow from USD 21.6 billion in 2025 to USD 3.1 billion by 2031, reflecting a CAGR of 8.1%
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Mexico Underground Construction Equipment Market is projected to grow around USD 15.8 billion by 2031, at a CAGR of 9.1% during the forecast period.
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TwitterThis statistic shows the revenue of the industry “Construction machinery and equipment manufacturing“ in Mexico from 2012 to 2018, with a forecast to 2024. It is projected that the revenue of Construction machinery and equipment manufacturing in Mexico will amount to approximately *** billion U.S. Dollars by 2024.
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Mexico Pre-Owned Construction Equipment Market is projected to grow around USD 165.16 billion in 2021 to USD 484.31 billion by 2031, at a CAGR of 11.2% during the forecast period.
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Mexico Construction Material Testing Equipment Market is expected to grow during 2025-2031
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Mexico Construction equipment Rental market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.
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Mexico Construction Equipment Rental Market focuses on the provision of construction machinery and equipment on a rental basis.
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Mexico's Earth Moving Construction Equipment market expects over 4% CAGR from 2024 to 2029, fueled by expanding construction activities and infrastructure projects driving market g
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Mexico Construction Machinery Attachment Market is projected to grow around USD 11.9 billion by 2031, at a CAGR of 9.3% during the forecast period.
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TwitterThe gross value added (GVA) of manufacturing equipment and machinery for agriculture, mining, and construction fell slightly in Mexico in 2024. That came after the GVA of that segment of the manufacturing industry peaked at ** billion current Mexican pesos. Despite some fluctuations, the farming, mining, and construction equipment industry in Mexico has been growing during the past decades.
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| Report Attribute/Metric | Details |
|---|---|
| Market Size 2024 | 149 billion USD |
| Market Size in 2025 | USD 160 billion |
| Market Size 2030 | 223 billion USD |
| Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
| Segments Covered | Equipment Type, Application Type, Purchase Channel, Material Type |
| Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
| Top 5 Major Countries and Expected CAGR Forecast | China, U.S., Japan, India, Germany - Expected CAGR 4.5% - 6.6% (2025 - 2034) |
| Top 3 Emerging Countries and Expected Forecast | Vietnam, Nigeria, Indonesia - Expected Forecast CAGR 7.9% - 9.5% (2025 - 2034) |
| Companies Profiled | Caterpillar Inc, Komatsu Ltd, Hitachi Construction Machinery Co. Ltd, Volvo Construction, Liebherr Group, Terex Corporation, John Deere, Xuzhou Construction Machinery Group (XCMG), Sany Heavy Industry Co. Ltd, Doosan Infracore, JCB and Kubota Corp |
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In Mexico Traffic Safety Equipment Market, Governments and municipalities are investing heavily in road construction, repair, and expansion projects.
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| BASE YEAR | 2024 |
| HISTORICAL DATA | 2019 - 2023 |
| REGIONS COVERED | North America, Europe, APAC, South America, MEA |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| MARKET SIZE 2024 | 145.3(USD Billion) |
| MARKET SIZE 2025 | 149.6(USD Billion) |
| MARKET SIZE 2035 | 200.0(USD Billion) |
| SEGMENTS COVERED | Type, Application, Power Source, End Use, Regional |
| COUNTRIES COVERED | US, Canada, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Mexico, Argentina, Rest of South America, GCC, South Africa, Rest of MEA |
| KEY MARKET DYNAMICS | Technological advancements, Growing infrastructure investments, Rising demand for rentals, Environmental regulations, Labor shortages |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Atlas Copco, Caterpillar, JCB, XCMG, SANY, CNH Industrial, Manitou, Doosan Infracore, Kubota, Bobcat, Liebherr, Terex, Komatsu, CASE Construction, Hitachi Construction Machinery, Volvo |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| KEY MARKET OPPORTUNITIES | Growing demand for infrastructure development, Adoption of eco-friendly equipment, Increasing investments in smart construction technology, Rising urbanization and population growth, Expansion of rental services in emerging markets. |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.0% (2025 - 2035) |
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According to our latest research, the global construction equipment rental market size reached USD 124.7 billion in 2024, with a robust growth trajectory supported by a compound annual growth rate (CAGR) of 6.1% from 2025 to 2033. The market is forecasted to achieve a valuation of USD 212.3 billion by 2033, reflecting increasing demand for cost-effective and flexible equipment solutions across diverse construction segments. This growth is primarily driven by the rising adoption of rental models by construction firms seeking to optimize costs, the continuous expansion of infrastructure projects globally, and the rapid technological advancements in construction machinery.
One of the key growth factors propelling the construction equipment rental market is the escalating investment in infrastructure development across both developed and emerging economies. Governments and private entities are channeling significant resources into the construction of roads, bridges, airports, and smart cities, which fuels the need for advanced construction equipment. However, the high capital expenditure associated with purchasing new machinery has made equipment rental an attractive option for contractors and developers. Rental solutions provide flexibility, reduce maintenance costs, and allow access to the latest equipment, which is critical for timely and efficient project execution. This trend is particularly pronounced in regions experiencing rapid urbanization and industrialization, where the need for scalable and modern construction equipment is paramount.
Another significant driver is the growing emphasis on sustainability and the adoption of eco-friendly construction practices. The construction industry is under increasing pressure to minimize its environmental footprint, prompting rental companies to invest in electric and hybrid equipment. This shift not only aligns with global sustainability goals but also offers operational advantages such as lower emissions, reduced noise, and improved energy efficiency. Furthermore, the integration of digital technologies and telematics into rental fleets enables better equipment tracking, predictive maintenance, and enhanced safety, adding further value for end-users. The convergence of these factors is catalyzing the transition from traditional ownership models to flexible rental solutions, thereby boosting the market growth.
The proliferation of small and medium-sized enterprises (SMEs) in the construction sector is also contributing to the expansion of the construction equipment rental market. SMEs often face budget constraints and limited access to financing, making equipment rental a viable alternative to outright purchase. Rental companies are responding by diversifying their offerings, providing tailored rental packages, and expanding their service networks to cater to the unique needs of SMEs. Additionally, the rise of mega infrastructure projects in emerging markets, coupled with favorable government policies and incentives, is creating new avenues for market participants. The increasing penetration of digital platforms for equipment rental transactions is further streamlining operations and enhancing customer experience, positioning the market for sustained growth in the coming years.
From a regional perspective, Asia Pacific dominates the construction equipment rental market, accounting for the largest share in 2024, driven by massive infrastructure investments in China, India, and Southeast Asia. North America and Europe follow closely, benefiting from mature construction industries and a strong focus on technological innovation. The Middle East & Africa region is witnessing accelerated growth due to ambitious urban development projects and government-led infrastructure initiatives. Latin America, while smaller in scale, is gradually adopting rental models as construction activity picks up in key markets such as Brazil and Mexico. The diversified regional landscape underscores the global nature of the construction equipment rental market and its pivotal role in supporting sustainable urban and industrial growth.
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Mexico’s Land Surveying Equipment Market will add over USD 50 million (2025–30), supported by rising construction and renewable energy projects.
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| Report Attribute/Metric | Details |
|---|---|
| Market Size 2024 | 11.8 billion USD |
| Market Size in 2025 | USD 13.8 billion |
| Market Size 2030 | 30.4 billion USD |
| Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
| Segments Covered | Equipment Type, Power Output, Battery Type, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
| Top 5 Major Countries and Expected CAGR Forecast | U.S., China, Germany, Japan, France - Expected CAGR 16.5% - 24.0% (2025 - 2034) |
| Top 3 Emerging Countries and Expected Forecast | India, Brazil, South Africa - Expected Forecast CAGR 12.9% - 17.9% (2025 - 2034) |
| Companies Profiled | Caterpillar Inc, Komatsu Ltd, AB Volvo, Hitachi Construction Machinery, Deere & Company, JCB, Doosan Bobcat, CNH Industrial, Liebherr Group, SANY Group, Kubota Corporation and Hyundai Construction Equipment |
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Credit report of Areal Construction Equipment Mexico S.a. De C.v. contains unique and detailed export import market intelligence with it's phone, email, Linkedin and details of each import and export shipment like product, quantity, price, buyer, supplier names, country and date of shipment.
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| Report Attribute/Metric | Details |
|---|---|
| Market Size 2024 | 699 million USD |
| Market Size in 2025 | USD 759 million |
| Market Size 2030 | 1.15 billion USD |
| Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
| Segments Covered | Product Type, Technology Type, End-Use Industry, Track Type |
| Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
| Top 5 Major Countries and Expected CAGR Forecast | U.S., China, Germany, Japan, Australia - Expected CAGR 6.3% - 9.0% (2025 - 2034) |
| Top 3 Emerging Countries and Expected Forecast | Vietnam, Brazil, South Africa - Expected Forecast CAGR 8.3% - 10.8% (2025 - 2034) |
| Companies Profiled | Caterpillar Inc, Komatsu Ltd, Volvo Construction Equipment, Liebherr Group, Hitachi Construction Machinery Co. Ltd, Terex Corporation, Deere & Company, Zoomlion Heavy Industry Science & Technology Co. Ltd, CNH Industrial N.V, Sany Heavy Industry Co. Ltd, Doosan Infracore and XCMG Construction Machinery Co. Ltd |
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The Mexico construction equipment market size by volume was valued at 29,323 units in 2023 and is expected to reach 36,183 units by 2029, growing at a CAGR of 3.57%