Mexico Construction Equipment Industry Report 2026-2031 - Caterpillar, LiuGong, Komatsu, Liebherr, Volvo CE, John Deere, XCMG are the Front-runners by Offering a Diverse Set of Equipment

NodeGuardian · 2026-02-20T02:58:51+00:00

The Mexican construction equipment market is expected to grow from 32,188 units in 2025 to 38,612 units by 2031, driven by the mining sector, demand for material handling, and infrastructure projects, with key players including Caterpillar and John Deere.

NodeGuardian

2026-02-20 02:58:51

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The Mexico construction equipment market is projected to grow from 32,188 units in 2025 to 38,612 units by 2031, driven by a CAGR of 3.08%. Key factors influencing this growth include the expanding mining sector, rising demand for material handling equipment due to nearshoring and e-commerce, and substantial infrastructure projects in road construction. Caterpillar, John Deere, LiuGong, and other major players are leading the market, with increasing competition from Chinese brands like XCMG.

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