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The demand for heavy construction equipment has increased especially in Colombia and Chile
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Latin America Construction Equipment Market Outlook, 2025 +1 201 793 8545 / +91 7878231309 sales at bonafideresearch.com Latin America Construction Equipment Market Outlook, 2025 Description Latin America is a large region covering the most of Central and South America and the Spanish, Portuguese and French speaking countries. Located in the western hemisphere, it is the fourth largest continent. It is bounded by the Caribbean Sea in the north and northwest, Atlantic Ocean in the majority of the eastern direction, and Pacific Ocean to the west. The construction equipment comprises of the heavy-duty vehicles, which are specially designed for the use in various applications such as earth moving, material lifting and concrete and road constructions. According to the recently published by Bonafide Research, report titled 'Latin America Construction Equipment Market Outlook, 2025'; the Latin America construction equipment market has recorded a tremendous growth rate of more than 6% historically over the years. In terms of the construction, the infrastructural development and the construction of new roadways are expected to drive the market in the region. Apart from this, the major market drivers in the Latin America region are the recovery in the construction industry, the surge in private public partnerships, and the rapid urbanization in the region. The marketers are now focusing on the designing compact high performance models with more fuel efficiency. The prominent players have introduced advanced heavy construction equipment, which adhere to the government norms and cater to the demand from these end users. The growth of the Latin America heavy vehicle market is supported by the introduction of low emission and energy efficient models. contradicting to which the fluctuation in the oil prices, increased carbon footprints, and the weak economic conditions in the Latin America restrain the heavy equipment market growth. On accountability off an individual country, Brazil dominates the market for construction equipment, with no disputes from the other countries. The collection of the smaller countries considered together, amounts more than Brazil, while the major countries of Argentina and Colombia are expected to show a decline in the market share in the forecasted period. By means of application, the earth moving equipment rule the market attributing to the constantly improving need of residential and commercial buildings, supported with the infrastructural development, which is attracting a number of private investments. Yet with the countries in major need for the development in transportation network, the concrete and road machinery market is to be a profitable segment in the Latin America region, expected to reach more than USD 2 Billion, while growing with a CAGR of more than 7%. While the earth moving machineries are expected a decline in market share, the material handling machineries are to grow to with the highest difference. Being one of the worst Covid-19 pandemic hit region, the Latin America strikes back from the economic crises, with infrastructural development seen as a way to optimize the economy and thus the market value rising to more than USD 12 Billion by the year 2025. A steady increase in the market can be owed to the increase in developments in infrastructure, majorly in the construction and renovations of the existing road transports the region. As the demand for the technologically advanced equipments has picked a pace around the region, the market is known to be prone to various challenges, which have risen up as huge hurdle in the way to growth. The major challenges in the regional market are interlinked, giving way for one another, like https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 the high initial cost of the machineries have made the end users move towards the purchase of the used equipments. Despite of the challenges, the rapid urbanization and the understanding of the economical impact of poor road connectivity have been the major drivers in the market growth. ? MAJOR COMPANIES PRESENT IN THE MARKET Caperpillar, Doosan, CNH, Hitachi Constructions, JCB, Komatsu, Terex CONSIDERED IN THE REPORT • Geography: Latin America • Base year: 2018-19 • Historical year: 2013-14 • Estimated year: 2019-20 • Forecasted year: 2024-25 REGIONS COVERED: • Brazil • Argentina • Columbia • Rest Of Latin America The report also covers the major countries in the region with a clear comparison of the past performance and the estimated growth of the market in the forecasted period. Also, the market is studied in detail with respect to the different types of the excavators and its purposes regionally. ASPECTS COVERED IN THE REPORT • Market Size By Value for the time period (2014-2019) • Market Size By Value for the time period (2020-2025) • Market Share by Application (2019 & 2025) • Market Share by Machine Type (2019 & 2025) • Market Share by Country (2019 & 2025) THE APPROACH OF THE REPORT: We keep an eye on evolving markets and try to evaluate the potentials in the product and services. If we found the market interesting, we start working on it and create the desired table of content considering all aspects of the business. We start by creating separate questionnaires for C-level executives, national/regional sales personals, company owners, dealers, distributors & end-users. Once the questionnaires have been finalized, we start collecting the primary data (majorly through phone calls) and try to understand the market dynamics with regional/tier wise. This process gives us in-depth detail of the market including all present companies, the top-performing product with reasons why they dominate; we get the details of new players and their innovative approach and market trends, dynamics, and all the small details of the market. After the collection of primary inputs, we then cross-check the same with secondary sources that include associations, trade journals, annual reports, paid databases, newspapers, magazines, press releases, government sources, etc. By this, we get a rough estimate of the market and start checking existing product price variant, trade, production, raw material scenario, policies and regulatory landscape, etc. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but giving more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data is verified by the data expert, the team (primary team, content team, and data team) together crosscheck the segmentations, validates the market, and then the designing team starts plotting the graphs. Once the file is ready, the content team completes the report and makes sure that all the discussed points have been covered and provides their valuable inputs in strategic recommendations’ for new as well https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 as the existing players. The QC team then checks the overall report that includes spell check, data verification and makes the same dispatch ready and error-free. INTENDED AUDIENCE This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the construction machinery and excavator industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 Table of Contents Table of Contents 1. Executive Summary 2. Report Methodology 3. Global Construction Equipment Market Outlook 3.1 Market Size By Value 3.2 Market Share 3.2.1 By Application 3.2.2 By Region 3.2.3 By Country 3.2.4 By Company 3.3 Global Earth Moving Machinery Market Outlook 3.3.1 Market Size By Value 3.3.2 Market Share 3.3.2.1 By Equipment type 3.3.2.2 By Region 3.4 Global Material Handling Machinery Market Outlook 3.4.1 Market Size By Value 3.4.2 Market Share 3.4.2.1 By Equipment Type 3.4.2.2 By Region 3.5 Global Concrete and Road Construction Machinery Market Outlook 3.5.1 Market Size By Value 3.5.2 Market Share 3.5.2.1 By Equipment Type 3.5.2.2 By Region 4. Latin America Construction Equipment Market Outlook 4.1 Market Size By Value 4.2 Market Share 4.2.1 By Country 4.2.2 By Application 4.2.3 By Equipment type 4.3 Latin America Earth Moving Machinery Market Outlook 4.3.2 Market Size By Value 4.3.2 Market Share By Equipment 4.4 Latin America Material Handling Machinery Market Outlook 4.4.1 Market Size By Value 4.4.2 Market Share By Equipment type 4.5 Latin America Concrete and Road Construction Machinery Market Outlook 4.5.1 Market Size By Value 4.5.2 Market Share By Equipment Type 4.6 Brazil Construction Equipment Market Outlook 4.6.1 Market Size By Value 4.6.2 Market Share By Application 4.6.3 Brazil Earth Moving Machinery Market Outlook 4.6.3.1 Market Size By Value 4.6.3.2 Market Share By Equipment Type 4.6.4 Brazil Material Handling Machinery Market Outlook https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 4.6.4.1 Market Size By Value 4.6.4.2 Market Share By Equipment type 4.6.5 Brazil Concrete and Road Construction Machinery Market Outlook 4.6.5.1 Market Size By Value 4.6.5.2 Market Share By Equipment type 4.7 Argentina Construction Equipment Market Outlook 4.7.1 Market Size By Value 4.7.2 Market Size By Application Type 4.7.3 Argentina Earth Moving Machinery Market Outlook 4.7.3.1 Market Size By Value 4.7.3.2 Market Share By Equipment type 4.7.4 Argentina Material Handling Machinery Market Outlook 4.7.4.1 Market Size By Value 4.7.4.2 Market Share By Equipment Type 4.7.5 Argentina Concrete and Road Construction Machinery Market Outlook 4.7.5.1 Market Size By Value 4.7.5.2 Market Share By Equipment type 4.8 Colombia Construction Equipment Market Outlook 4.8.1 Market Size By Value 4.8.2 Market Share By Application 4.8.3 Colombia Earth Moving Machinery Market Outlook 4.8.3.1 Market Size By Value 4.8.3.2 Market Share By Equipment Type 4.8.4 Colombia Material Handling Machinery Market Outlook 4.8.4.1 Market Size By Value 4.8.4.2 Market Share By Equipment type 4.8.5 Colombia Concrete and Road Construction Machinery Market Outlook 4.8.5.1 Market Size By Value 4.8.5.2 Market Share By Equipment type 4.9 Rest of Latin America Construction Equipment Market Outlook 4.9.1 Market Size (By Value) 4.9.2 Market Share By Equipment Type 5. Market Dynamics 5.1 Key Drivers 5.2 Key Challenges 6. Market Trends & Developments 7. Company Profiles 7.1 Caterpillar Private Limited 7.2 CNH Industrial 7.3 Doosan Infracore 7.4 Hitachi Construction Machinery Co. Ltd 7.5 J C Bamford Excavators Ltd 7.6 Komatsu Ltd. 7.7 Terex Corporation 8. Strategic Recommendations 9. Disclaimer https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 List of figures & tables List Of Table Figure 1: Global Construction Equipment Market Size by Value (2014-2019) Figure 2: Global Construction Equipment Market Size by Value (2020F-2025F) Figure 3: Global Construction Equipment Market Share By Application (2019 & 2025F) Figure 4: Global Construction Equipment Market Share By Region (2019 & 2025F) Figure 5 : Global Construction Equipment Market Share By Country (2019 & 2025F) Figure 6: Global Construction Equipment Market Share By Company (2019) Figure 7: Global Earth Moving Machinery Market Size by Value (2014-2019) Figure 8: Global Earth Moving Machinery Market Size by Value (2020F-2025F) Figure 9: Global Earth Moving Machinery Market Share By Equipment (2019 & 2025F) Figure 10: Global Earth Moving Machinery Market Share By Region (2019 & 2025F) Figure 11: Global Material Handling Machinery Market Size by Value (2014-2019) Figure 12: Global Material Handling Machinery Market Size by Value (2020F-2025F) Figure 13: Global Material Handling Machinery Market Share By Equipment Type (2019 & 2025F) Figure 14: Global Material Handling Machinery Market Share By Region (2019 & 2025F) Figure 15: Global Concrete & Road Machinery Market Size by Value (2014-2019) Figure 16: Global Concrete & Road Machinery Market Size by Value (2020F-2025F) Figure 17: Global Concrete & Road Machinery Market Share By Equipment Type (2019 & 2025F) Figure 18: Global Concrete & Road Machinery Market Share By Region (2019 & 2025F) Figure 19: Latin America Construction Equipment Market Size by Value By Country (2014-2019) Figure 20: Latin America Construction Equipment Market Size By Value By Country (2020F-2025F) Figure 21: Latin America Construction Equipment Market Share By Country Figure 22: Latin America Construction Equipment Market Share By Application Figure 23: Latin America Construction Equipment Market Share By Equipment Type (2019 & 2025F) Figure 24: Latin America Earth Moving Machinery Market Size by Value By Country (2014-2019) (in USD Billion) Figure 25: Latin America Earth Moving Machinery Market Size By Value By Country (2020F-2025F) in USD Billion Figure 26: Latin America Earth Moving Machinery Market Share By Equipment (2019 & 2025F) Figure 27: Latin America Material Handling Machinery Market Size By Value Figure 28: Latin America Material Handling Machinery Market Size by Value Figure 29: Latin America Material Handling Machinery Market Share Figure 30: Latin America Concrete and Road Construction Machinery Market Size by Value By Country (2014-2019) Figure 31: Latin America Concrete and Road Construction Machinery Market Size by Value By Country (2020F-2025F) Figure 32: Latin America Concrete and Road Construction Machinery Share By Machinery Type (2019 & 2025F) Figure 33: Brazil Construction Equipment Market Size by Value (2014-2025F) Figure 34: Brazil Construction Equipment Market Share By Application Type (2019 & 2025F) Figure 35: Brazil Earth Moving Machinery Market Size by Value (2014-2025F) Figure 36: Brazil Earth Moving Machinery Market Share By Equipment Type (2019 & 2025F) Figure 37: Brazil Material Handling Machinery Market Size by Value (2014-2025F) Figure 38: Brazil Material Handling Machinery Market Share By Equipment Type (2019 & 2025F) Figure 39: Brazil Concrete and Road Construction Machinery Market Size by Value (2014-2025F) Figure 40: Brazil Concrete and Road Construction Machinery Market Share Figure 41: Argentina Construction Equipment Market Size By Value (2014-2025F) Figure 42: Argentina Construction Equipment Market Share By Application Type (2019 & 2025F) https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 Figure 43: Argentina Earth Moving Machinery Market Size by Value (2014-2025F) Figure 44: Argentina Earth Moving Machinery Market Share By Equipment Type (2019 & 2025F) Figure 45: Argentina Material Handling Machinery Market Size by Value (2014-2025F) Figure 46: Argentina Material Handling Machinery Market Share By Machinery Type (2019 & 2025F) Figure 47: Argentina Concrete and Road Construction Machinery Market Size Figure 48: Argentina Concrete and Road Construction Machinery Market Share Figure 49: Colombia Construction Equipment Market Size By Value (2014-2025F) Figure 50: Colombia Construction Equipment Market Share By Application Type (2019 & 2025F) Figure 51: Colombia Earth Moving Machinery Market Size by Value (2014-2025F) Figure 52: Colombia Earth Moving Machinery Market Share By Machinery Type (2019 & 2025F) Figure 53: Colombia Material Handling Machinery Market Size by Value (2014-2025F) Figure 54: Colombia Material Handling Machinery Market Share By Machinery Type (2019 & 2025F) Figure 55: Colombia Concrete and Road Construction Machinery Market Size Figure 56: Colombia Concrete and Road Construction Machinery Market Share Figure 57: Rest Of Latin America Construction Equipment Market Size By Value Figure 58: Rest Of Latin America Construction Equipment Market Size by Value Figure 59: Rest Of Latin America Construction Equipment Market Share https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 Press Releases The compelling need for improving the road connectivity especially in Colombia is expected to make an impact on the overall construction equipment in Latin America. The growth of the Latin America construction equipment market is supported by the introduction of low emission and energy efficient models, contradicting to which the fluctuation in the oil prices, increased carbon footprints, and the weak economic conditions, restrain the heavy equipment market growth. The demand for heavy construction equipment has increased within the region, especially in Colombia and Chile, owing to rapid urbanization and heavy investment in infrastructure segment. In addition, development of low-emission and energy-efficient equipment provides opportunities to the Latin America heavy construction equipment market growth. However, fluctuation in oil prices, increased carbon footprint, and weak economic conditions restrain the Latin America heavy construction equipment market growth. The report 'Latin America Construction Equipment Market Outlook, 2025' published by Bonafide Research provides a complete insight about the performance of the various construction machineries in the market with respect to the application in the region. The major market drivers in the Latin America region are the recovery in the construction industry, the surge in private public partnerships, and the rapid urbanization in the region. The marketers are now focusing on the designing compact high performance models with more fuel efficiency. By means of application, the earth moving equipment rule the market attributing to the constantly improving need of residential and commercial buildings, supported with the infrastructural development, which is attracting a number of private investments. While the earth moving machineries are expected a decline in market share, the material handling machineries are to grow to with the highest difference. Yet with the countries in major need for the development in transportation network, the concrete and road machinery market is to be a profitable segment in the Latin America region, expected to reach a value less than USD 3 Billion, while growing with a CAGR of less than 8%. The collection of the smaller countries considered together, amounts more than Brazil, while the major countries of Argentina and Colombia are expected to show a decline in the market share in the forecasted period. The marketers are now focusing on the designing compact https://www.bonafideresearch.com/product/200960075
Latin America Construction Equipment Market Outlook, 2025 high performance models with more fuel efficiency. The prominent players have introduced advanced heavy construction equipment, which adhere to the government norms and cater to the demand from these end users. The growth of the Latin America heavy vehicle market is supported by the introduction of low emission and energy efficient models. contradicting to which the fluctuation in the oil prices, increased carbon footprints, and the weak economic conditions in the Latin America restrain the heavy equipment market growth. The companies are now focusing more on improvising their market strategies by involving internet into their regular marketing approaches. With the market scope being global, the companies are taking considerable action in increasing their dealership network globally. On the other hand, the region fights the threats of grey market and an increasing favour for the used equipments. https://www.bonafideresearch.com/product/200960075
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