Yahoo FinanceFeb 10, 2026
Brazil Construction Equipment Markets, 2025-2030 with Caterpillar, Komatsu, Volvo CE, Hitachi Construction Machinery, Liebherr, and XCMG Dominating
The Brazil Construction Equipment Market is poised for growth, projected to expand from 57,029 units in 2024 to 72,219 units by 2030, at a CAGR of 4.01%. Earthmoving equipment leads the market, driven by increased infrastructure development and mining activities. Material handling equipment, especially electric forklifts utilizing Li-ion battery technology, is also surging due to Brazil's manufacturing boom. The road construction segment is set to reach $240 million by 2030, with sustainability