Construction Equipment Finance Market Size

Construction Equipment Finance Market size was valued at USD 97.8 billion in 2024 and is estimated to reach USD 212.9 billion by the end of 2037, expanding at a CAGR of 6.7% during the forecast timeline, i.e., 2025-2037. In 2025, the industry size of the construction equipment finance is assessed at USD 104.3 billion.

Growing infrastructural developments are one of the major growth drivers in the market. Efforts to fasten urbanization in developing countries are accumulating massive investments in this sector. The increasing need for efficient equipment in these construction projects is further fueling the demand for finance solutions. According to a report published by government of the UK, in June 2021, 28% of the total global population is expected to live in cities with at least 1 million inhabitants by the end of 2030. The report further states, that the number of megacities with more than 10 million inhabitants is projected to grow significantly, reaching 43 in 2030.

The growing population is compelling a trend of investing heavily in the construction industry, creating opportunities for investors in the construction equipment finance market. According to Census Bureau of the U.S. report, published in December 2024, the world population reached 8.0 billion. The report marks the most populated countries being India, China, the U.S., Indonesia, Pakistan, Nigeria, Brazil, Bangladesh, Russia, and Mexico. The emphasized volume of people worldwide is forcing governing authorities to allocate living spaces for each citizen, raising the need for new constructions. Furthermore, emerging economies are heavily investing in this sector with the goal of improving their capital efficiency.