Industry snapshot
Key public data points
Historical & forecast
Base year 2025. Each series is official through its own latest government-data year (shown in the legend on each chart), and years beyond that are Claight estimates. As of July 2026 the current year is still in progress (2026 annual data is not yet published), so the forecast runs to 2030.
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What does the Construction Machinery Manufacturing in the US industry cover?
Construction machinery manufacturing encompasses the production of heavy equipment used in construction activities, including earthmoving machinery, lifting equipment, and material handling machinery. This sector supports both residential and non-residential construction projects across the US.
- •Includes establishments primarily engaged in manufacturing construction machinery and equipment (NAICS 33312)
- •Excludes manufacturing of related parts and accessories (NAICS 33399)
Market Structure and Operators
Who operates in the industry and how is it structured?
The US construction machinery market features both large multinational corporations with significant domestic operations and smaller specialized manufacturers. Industry players compete through product innovation, after-sales service networks, and dealer relationships.
- •Caterpillar Inc. operates its primary manufacturing facility in Peoria, Illinois
- •Deere & Company manufactures construction equipment at multiple US locations including Waterloo, Iowa
- •Komatsu America Corp. maintains manufacturing plants in Georgia and Illinois
- •Volvo Construction Equipment has production facilities in Virginia and Pennsylvania
Demand Drivers
What drives demand in the industry?
Demand for construction machinery is primarily driven by infrastructure investment, residential and commercial construction activity, and equipment replacement cycles. Federal infrastructure legislation has stimulated additional demand for heavy equipment in recent years.
- •The Infrastructure Investment and Jobs Act of 2021 allocated $1.2 trillion for infrastructure projects over 10 years
- •US construction spending reached $1.9 trillion in 2023 (US Census Bureau)
- •Equipment replacement cycles typically occur every 8-10 years, creating consistent demand
Competitive Landscape and Notable Public Companies
Who are the notable companies in the industry?
The US construction machinery market is dominated by global manufacturers with significant US presence, who compete on technology, product reliability, and service capabilities. Mergers and acquisitions have consolidated market share among larger players.
- •Caterpillar Inc. - Leading global manufacturer with extensive US production facilities
- •Deere & Company - Major producer of construction equipment through its Power Systems division
- •Komatsu America Corp. - Wholly owned subsidiary of Japan's Komatsu Ltd.
- •Doosan Bobcat North America - Specializes in compact equipment through its Bobcat brand
Recent Trends and Outlook
What are the recent trends and outlook?
The industry has seen increased adoption of electric and hybrid machinery, automation technologies, and telematics systems. Sustainability concerns are driving development of lower-emission equipment, while supply chain challenges continue to impact production timelines.
- •Electric excavators and wheel loaders are being introduced by multiple manufacturers
- •US exports of construction machinery reached $14.6 billion in 2022 (US International Trade Commission)
- •The industry employed approximately 87,000 workers in the US in 2022 (BLS)
Regulation and Compliance
How is the industry regulated?
Construction machinery manufacturers must comply with federal safety and emissions regulations enforced by OSHA and the EPA. Equipment safety standards are set by ANSI and other consensus bodies, while international regulations impact export operations.
- •OSHA regulates workplace safety for machinery operation and maintenance
- •EPA Tier 4 Final emissions standards apply to non-road diesel engines
- •ANSI standards govern machinery safety requirements (e.g., ANSI/ASME B30.2 for overhead cranes)
Sources
Government, statistical and trade sources used for this Claight analysis.
- US Census Bureau, Annual Survey of Manufactures 2022 ·
- US Census Bureau, Construction Spending 2023 ·
- US International Trade Commission, US Trade Data 2022 ·
- Bureau of Labor Statistics, Quarterly Census of Employment and Wages 2022 ·
- Occupational Safety and Health Administration (OSHA) ·
- Environmental Protection Agency (EPA)
Claight analysis of public industry data.