Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Construction Machinery Market Outlook
*this image is indicative*
Construction machinery refers to heavy-duty vehicles, specially designed equipment, and machines used for various construction tasks and are engineered to perform specific tasks, enhancing efficiency, productivity, and safety in construction projects, boosting the Australia construction machinery market growth.
| Australia Construction Machinery Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 4.3 |
| Market Size 2032 | AUD Billion | 6.0 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 3.8% |
| CAGR 2024-2032 - Market by Region | New South Wales | 4.3% |
| CAGR 2024-2032 - Market by Region | Western Australia | 3.6% |
| CAGR 2024-2032 - Market by Machinery Type | Excavator | 4.3% |
| CAGR 2024-2032 - Market by Drive Type | Hydraulic | 4.2% |
| Market Share by Region | Victoria | 21.5% |
The construction machinery market is classified into telescopic handlers, loaders and backhoes, excavators, cranes, motor graders, and others, based on the type of machinery. Loaders and backhoes are versatile machines capable of performing various tasks such as digging, lifting, loading, and material handling. Their role in infrastructure development, availability through rental options, and ease of maintenance make them highly valuable assets in the construction industry.
In 2023, Komatsu Ltd. launched two new electric construction equipment PC200LCE-11 and 210LCE-11 models.
Various trends driving the development of the construction machinery market in Australia include the increasing adoption of electric and hybrid construction machinery. This trend is driven by environmental regulations, cost savings, and advancements in battery technology. Moreover, the location tracking and equipment performance of the construction machinery can be analysed on a real-time basis due to the integration of the Internet of Things and telematics. To reduce the weight and durability of the construction machinery, manufacturers are incorporating advanced materials such as high-strength steel in the machines.
Australia Construction Machinery Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Machinery Type
Market Breakup by Product Type
Market Breakup by Drive Type
Market Breakup by End Use
Market Breakup by Region
Electric and hybrid drive types are expected to hold a major share of the Australia construction machinery market due to their environmental benefits, cost savings, technological advancements, and alignment with sustainability goals in the construction industry.
| CAGR 2024-2032 - Market by | Region |
| New South Wales | 4.3% |
| Western Australia | 3.6% |
| Australian Capital Territory | 3.4% |
| Victoria | XX% |
| Queensland | XX% |
| Others | XX% |
The growth of the coconut oil market is fueled by the increase in electrification and hybridization, integration of advanced telematics and IoT, development of autonomous and remote-controlled construction machinery, and adoption of digital technologies.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market was valued at AUD 4.25 billion in 2023.
The market is projected to grow at a CAGR of 3.81% between 2024 and 2032.
The revenue generated from the construction machinery market is expected to reach AUD 5.95 billion in 2032.
Based on the machinery type, the construction machinery market is bifurcated into crane, telescopic handlers, loader and backhoe, excavator, motor grader, and others.
Key players in the construction machinery industry are CFC Holdings Pty Ltd., Sumitomo Construction Machinery Co., Ltd., Caterpillar Inc., Komatsu Australia Pty Ltd., Liebherr-International Deutschland GmbH, Volvo AB, Wacker Neuson SE, SANY Australia, and Hitachi Construction Machinery Australia Pty Ltd., among others.
Based on product type, the construction machinery market is divided into earthmoving, material handling, building and road construction equipment, and autonomous construction equipment.
The different end-uses of construction machinery include mining, oil and gas, construction and infrastructure, manufacturing, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Machinery Type |
|
| Breakup by Product Type |
|
| Breakup by Drive Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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