중고 건설기계 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, used construction equipment market size in 2026 is estimated at USD 132.67 billion, growing from 2025 value of USD 125.60 billion with 2031 projections showing USD 174.28 billion, growing at 5.63% CAGR over 2026-2031.

This report is Segmented by Product Type (Crane, Telescopic Handler, and More), Drive Type (Internal Combustion Engine, and More), End-Use Industry (Construction and Infrastructure, Mining and Quarrying, and More), Sales Channel (Dealer/Broker, Auction, and More), and Geography (North America, South America, and More). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

Global Used Construction Equipment Market Trends and Insights

Supply-Chain-Driven Fleet Renewals

OEM delivery times that stretch 12-18 months have turned used assets into bridge solutions that frequently become permanent parts of the fleet. Contractors now pay high premiums over pre-2024 valuation benchmarks for immediate delivery, particularly in specialty categories where factory output remains constrained. Demand no longer follows legacy economic cycles and instead hinges on construction start dates, creating a structural pull that underpins the used construction equipment market through the near term. Dealers report that standardized models such as 20- to 30-ton excavators and mid-size wheel loaders transact fastest, because parts availability and operator familiarity compress adoption risk. The dynamic is especially intense in North America and the Asia-Pacific, where mega-projects overlap with housing shortages. These conditions sustain above-trend prices and encourage fleet managers to hedge future availability by locking in secondary-market capacity early.

Infrastructure Stimulus in Emerging Markets

Asia-Pacific governments need approximately USD 43 trillion in capital spending through 2035, with India's USD 1.4 trillion National Infrastructure Pipeline and China's urban renewal plans headline examples . Domestic production cannot fully cover near-term demand for standardized equipment, so imports of 3- to 5-year-old machines fill the gap. Dealers in Japan, Europe, and North America increasingly ship compliant units to India, Indonesia, and the Philippines, creating a jump in cross-border flows since 2024. Price arbitrage narrows as buyers in emerging markets gain real-time visibility into global listings, forcing sellers to align asking prices with international benchmarks. Governments often prioritize project speed over equipment age, making lightly used machinery acceptable as long as reliability thresholds are met.

Volatile Used-Equipment Price Cycles

Quarterly swings impede financing and disposal decisions, particularly in mining-oriented equipment that tracks commodity super-cycles. In downturns, values of haul trucks and large loaders can halve within 12 months before recovering as metal prices rebound. Small contractors without diversified fleets face balance-sheet stress, sometimes delaying purchases until volatility subsides, which compresses liquidity and amplifies further price drops. Less predictable cash flows also deter lenders, tightening credit just when buyers most need financing to capitalize on discounted inventory.

Other drivers and restraints analyzed in the detailed report include:

1. Soaring Residual Values Driving Resale ROI
2. Electrification Mandates for Urban Job-Sites
3. Financing Tightness for Above 8-Year Assets

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Excavators accounted for 42.68% of the used construction equipment market size in 2025, owing to their versatility across site preparation, trenching, and demolition tasks. Ready access to parts and operator familiarity reduces downtime and underpins high absorption in rental fleets. The category's liquidity attracts both institutional investors and smaller contractors, keeping turnover brisk even during seasonal slowdowns. Cranes are advancing at a 6.42% CAGR through 2031 as urban densification fuels demand for high-reach lifting solutions. Tight OEM production slots for tower and crawler cranes amplify the premium on late-model units with accurate service logs. Sellers can thus capture above-average margins, and buyers accept them because rental alternatives are scarce during peak building cycles. Attachments and material-handling implements add modular flexibility, encouraging contractors to optimize fleets around core carriers and specialized tooling rather than multiple dedicated machines. This modular approach bolsters absorption for quick-coupler systems that accelerate jobsite changeovers.

Rising safety standards are also directing attention to telematics-enabled models that record duty cycles and overload events. Units with complete electronic histories transact faster and at higher values, especially in Europe, where regulatory compliance is strict. Meanwhile, standardized control layouts across major brands ease cross-training, allowing mixed fleets to reallocate operators without productivity penalties. That capability reinforces excavators' leadership, while specialized lifting still distinguishes cranes as the fastest growth niche within the used construction equipment market.

Internal combustion engines continue to hold 90.92% of the used construction equipment market share in 2025 due to unmatched energy density and ubiquitous diesel infrastructure. Heavy earthmoving in remote mining and pipeline projects will keep diesel indispensable beyond the forecast horizon. Yet electric machines are showing an 8.08% CAGR and are already pivotal in city centers with decibel limits and carbon budgets. Premiums of 20-30% persist for compliant units because supply is thin and the learning curve for maintenance is steep. Fleets exploiting night-shift work in emission-controlled areas find total operating costs lower for electrics, particularly when local utilities offer discounted off-peak charging.

Hybrid systems are carving a narrow but resilient space, especially on equipment with variable duty cycles, such as telescopic handlers that idle extensively. Diesel-electric drivetrains lower fuel consumption and delay battery replacement schedules, balancing capital cost against operational savings. However, the technology premium narrows as battery prices continue to fall. For now, ICE dominance gives the used construction equipment market essential depth and value stability, while growth in zero-emission zones lays the groundwork for a gradual but irreversible shift to electrics.

Complete Report Scope:

• By Product Type
  • Crane
  • Telescopic Handler
  • Excavator
  • Material Handling Equipment
  • Loader and Backhoe
  • Attachments and Others
• By Drive Type
  • Internal Combustion Engine
  • Electric
  • Hybrid
• By End-use Industry
  • Construction and Infrastructure
  • Mining and Quarrying
  • Agriculture and Forestry
  • Industrial and Warehousing
• By Sales Channel
  • Dealer / Broker
  • Auction (Physical and Online)
  • Rental Fleet Disposal
  • Direct OEM Certified Pre-owned
• By Geography
  • North America
    • United States
    • Canada
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Midde East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • Turkey
    • Egypt
    • South Africa
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific held 47.62% of the used construction equipment market share in 2025 and will grow at a 6.74% CAGR through 2031 as India, China, and Southeast Asian nations accelerate spending on transport corridors, renewable power, and housing. India's National Infrastructure Pipeline and China's urban renewal policies drive sustained machine absorption, overwhelming local OEM capacity and prompting imports from Japan, Europe, and North America. Equipment transit times shorten due to regional maritime logistics investments, enabling just-in-time arrivals that align with project mobilization schedules.

North America's growth is underpinned by a mature secondary-market ecosystem and steady public-works appropriations in the United States. OEM buy-back programs are most advanced here, allowing contractors to rotate fleets every three to four years without major depreciation hits. Canada's uptick in resource projects has boosted demand for specialized forestry and pipeline equipment, further deepening liquidity in cross-border trade. Europe exhibits moderate volume but high unit values, driven by stringent emission frameworks that elevate the price of Stage V-compliant machines. Residual values remain strong partly because reimbursement programs in Germany and the Nordics subsidize cleaner equipment adoption. Electric mini-excavators and compact wheel loaders are disproportionately represented in European resales thanks to dense urban markets and early regulatory adoption.

The Middle East and Africa are emerging hot spots, especially Gulf Cooperation Council nations that balance oil revenue diversification with ambitious construction programs. Mega-projects such as NEOM in Saudi Arabia require immediate fleets, favoring imports of reliable late-model machines. Sub-Saharan Africa's mining expansion sustains demand for several construction equipment, though political risk and logistics still limit broader market depth. South America mirrors commodity cycles; Brazil and Chile purchase heavily during copper and iron-ore upswings, then slow during downturns, injecting volatility but also arbitrage opportunities into global flows.

1. Caterpillar Inc.
2. Komatsu Ltd.
3. Deere & Company
4. Volvo Construction Equipment
5. Hitachi Construction Machinery Co., Ltd.
6. Liebherr Group
7. Kobelco Construction Machinery Co., Ltd.
8. Terex Corporation
9. Manitou Group
10. CNH Industrial (Case CE)
11. JCB
12. Sany Heavy Industry Co. Ltd.
13. Xuzhou Construction Machinery Group Co., Ltd.
14. HD Hyundai Construction Equipment Co., Ltd.
15. Bobcat Company
16. Kubota Corporation
17. Wirtgen Group
18. Astec Industries

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Supply-Chain-Driven Fleet Renewals
  • 4.2.2 Infrastructure Stimulus in Emerging Markets
  • 4.2.3 Soaring Residual Values Driving Resale ROI
  • 4.2.4 Electrification Mandates for Urban Job-Sites
  • 4.2.5 Rapid Digitalization of Auction Platforms
  • 4.2.6 OEM Buy-Back and Certified-Pre-Owned Programs
• 4.3 Market Restraints
  • 4.3.1 Volatile Used-Equipment Price Cycles
  • 4.3.2 Financing Tightness for Above 8-Year Assets
  • 4.3.3 Regulatory Uncertainty on Engine Retrofits
  • 4.3.4 Fragmented Inspection-Quality Standards
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry

5 Market Size & Growth Forecasts (Value (USD) and Volume (Units))

• 5.1 By Product Type
  • 5.1.1 Crane
  • 5.1.2 Telescopic Handler
  • 5.1.3 Excavator
  • 5.1.4 Material Handling Equipment
  • 5.1.5 Loader and Backhoe
  • 5.1.6 Attachments and Others
• 5.2 By Drive Type
  • 5.2.1 Internal Combustion Engine
  • 5.2.2 Electric
  • 5.2.3 Hybrid
• 5.3 By End-use Industry
  • 5.3.1 Construction and Infrastructure
  • 5.3.2 Mining and Quarrying
  • 5.3.3 Agriculture and Forestry
  • 5.3.4 Industrial and Warehousing
• 5.4 By Sales Channel
  • 5.4.1 Dealer / Broker
  • 5.4.2 Auction (Physical and Online)
  • 5.4.3 Rental Fleet Disposal
  • 5.4.4 Direct OEM Certified Pre-owned
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Rest of North America
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Russia
    • 5.5.3.5 Spain
    • 5.5.3.6 Italy
    • 5.5.3.7 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 India
    • 5.5.4.3 Japan
    • 5.5.4.4 South Korea
    • 5.5.4.5 Australia
    • 5.5.4.6 Rest of Asia-Pacific
  • 5.5.5 Midde East and Africa
    • 5.5.5.1 United Arab Emirates
    • 5.5.5.2 Saudi Arabia
    • 5.5.5.3 Turkey
    • 5.5.5.4 Egypt
    • 5.5.5.5 South Africa
    • 5.5.5.6 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
  • 6.4.1 Caterpillar Inc.
  • 6.4.2 Komatsu Ltd.
  • 6.4.3 Deere & Company
  • 6.4.4 Volvo Construction Equipment
  • 6.4.5 Hitachi Construction Machinery Co., Ltd.
  • 6.4.6 Liebherr Group
  • 6.4.7 Kobelco Construction Machinery Co., Ltd.
  • 6.4.8 Terex Corporation
  • 6.4.9 Manitou Group
  • 6.4.10 CNH Industrial (Case CE)
  • 6.4.11 JCB
  • 6.4.12 Sany Heavy Industry Co. Ltd.
  • 6.4.13 Xuzhou Construction Machinery Group Co., Ltd.
  • 6.4.14 HD Hyundai Construction Equipment Co., Ltd.
  • 6.4.15 Bobcat Company
  • 6.4.16 Kubota Corporation
  • 6.4.17 Wirtgen Group
  • 6.4.18 Astec Industries

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-need Assessment