U.S. HEAVY DUTY CONSTRUCTION EQUIPMENT MARKET ANALYSIS

U.S. Heavy Duty Construction Equipment Market, By Equipment Type (Excavators, Loaders, Dozers, Cranes, Graders, Dump Trucks, and Other Equipment), By Application (Infrastructure, Commercial Construction, Residential Construction, Mining , Oil & Gas, and Others), By Sales Channel (OEM, Aftermarket, and Rental)

In January 2024, Caterpillar Inc., a global leader in construction and mining equipment, entered into a strategic electrification agreement with CRH, the leading aggregates producer in North America. This collaboration is focused on advancing the deployment of Caterpillar Inc.'s zero-exhaust emissions solutions.
In December 2023, Kobelco Construction Machinery Co., Ltd., a leading global manufacturer of construction equipment, introduced its new G-4 series hydraulic crawler cranes. The series includes three models: the CKE900G-4 with a maximum lifting capacity of 100 metric tons at 3.6 meters; the CKE1350G-4 with 150 metric tonnes at 4.4 meters; and the CKE2500G-4 with 250 metric tonnes at 4.6 meters.