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
Dublin, Feb. 10, 2026 (GLOBE NEWSWIRE) -- The "Mexico Construction Equipment Market Research Report 2026-2031" report has been added to ResearchAndMarkets.com's offering.
The Mexico Construction Equipment Market was sized at 32,188 Units in 2025, and is projected to reach 38,612 Units by 2031, rising at a CAGR of 3.08%.
Earthmoving equipment accounted for the largest market share of the Mexico construction equipment market in 2025. Excavators in the earthmoving segment accounted for the largest share in 2025. From smart ports to landmark skyscrapers, these initiatives embody a strategic vision that integrates economic development, social benefits, and environmental sustainability. The growing mining sector is also propelling the demand for earthmoving equipment in Mexico in 2025.
On the other hand, demand for material handling equipment is also growing due to the nearshoring trend. The automotive sector accounted for a major share of this demand in 2024, with continued expansion expected through 2025. Manufacturers are rapidly scaling up production in Mexico to stay close to North American markets and mitigate supply chain risks. This shift has led to record levels of foreign direct investment and significantly increased the need for crane deployment on ports and forklifts.
The rapid expansion of e-commerce is the leading force behind rising forklift demand in Mexico. In 2025, Amazon committed $6 billion through 2026 to build new distribution centers in Nuevo Leon and Jalisco, including a major facility in Apodaca capable of processing up to 900,000 items per day.
The road construction equipment segment is estimated to reach $77 million by value by 2031, growing at a CAGR of 2.49%. Road roller sales are high in Mexico in response to the rising renovation and expansion of transport networks. The National Road Network Plan ($35 billion) includes 2,800 km of new highways, 2,500 km of safer roads, rehabilitation of 13,000 km of existing roads, and 2,000 km of new surfaces through 2025-2029. This substantial investment is expected to boost the demand for road rollers in the country.
Construction equipment utilization in the construction industry by end-user (volume) has the largest market share in 2025. Private construction in Mexico grew 3.6% year-on-year in June 2025, with residential construction rising 12%, making housing the strongest segment of fixed investment in the first half of the year (up 8.2%). Despite month-on-month declines in gross fixed investment, construction, and machinery, private construction remained a stabilizing force amid a volatile economic environment.
The construction equipment used in the mining industry is undergoing significant expansion, primarily due to the growing mining and mineral extraction activities of the country. Sonora is Mexico's top copper producer, driven by large-scale operations like Buenavista del Cobre. The state is also a significant gold producer and is becoming the center of lithium exploration, with projects such as Bacanora Lithium positioning Sonora as a future player in the EV battery supply chain.
The Mexican government has established a comprehensive planning infrastructure through two key policy documents released in 2025: the National Electricity System Development Plan (PLADESE) 2025-2039 and the Energy Sector Program 2025-2030 (Prosener). These frameworks establish binding targets for renewable energy expansion.
MEXICO CONSTRUCTION EQUIPMENT MARKET DRIVERS
Nearshoring and Manufacturing Expansion
Booming Mining Sector to Propel the Demand for Construction Equipment
MEXICO CONSTRUCTION EQUIPMENT MARKET TRENDS
Rising Focus on Compact and Electric Construction Equipment
Increasing Dominance of Chinese Brands in the Market
INDUSTRY RESTRAINTS
Macroeconomic Stagnation
Contraction in Public Investment
VENDOR LANDSCAPE
KEY QUESTIONS ANSWERED
Key Attributes:
Market Landscape
Key Vendors
Other Prominent Vendors
Distributor Profiles
Segmentation by Type
Earthmoving Equipment
Road Construction Equipment
Material Handling Equipment
Other Construction Equipment
Segmentation by End Users
For more information about this report visit https://www.researchandmarkets.com/r/fk4mbx
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