By 2015, the global construction market is estimated to be sized around 145.5 billion U.S. dollars. In 2011, the North American market was the second biggest market for construction equipment worldwide, generating revenue streams of about 25.8 billion U.S. Dollars.
In 2012, Illinois-based Caterpillar topped the list of the world’s largest construction machinery makers. The manufacturers of engines and machines such as skid steer loaders, off-highway trucks and wheel excavators generated around 65.88 billion U.S. dollars in global revenue in 2012.
Along with crawler dozers, crawler excavators and aerial work platforms, wheel loaders ranked among the most important product categories in 2011, reaching a nine percent market share of the North American construction equipment market that year.
In 2010, the United States exported agricultural and construction machinery to the value of approximately 36.7 billion U.S. dollars.
The size of the Construction Equipment Market Around The Globe
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