Construction Equipment Finance Market Report 2026

The construction equipment finance market size has grown strongly in recent years. It will grow from $63.63 billion in 2025 to $69.26 billion in 2026 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to expansion of infrastructure development activities, increasing reliance on heavy construction equipment, rising equipment replacement needs, growth of contractor-based construction models, broader availability of financing institutions.

The construction equipment finance market size is expected to see strong growth in the next few years. It will grow to $98.19 billion in 2030 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to increasing investments in infrastructure modernization, rising demand for green construction equipment financing, expansion of usage-based financing models, growing adoption of digital finance platforms, increasing focus on capital efficiency. Major trends in the forecast period include increasing adoption of equipment leasing models, rising demand for flexible construction financing solutions, growing use of digital credit approval systems, expansion of sme-focused equipment finance, enhanced focus on asset lifecycle financing.

The anticipated expansion in the construction industry is poised to drive the construction equipment finance market forward. This industry segment, integral to the global economy, encompasses the processes involved in erecting, renovating, and upkeeping various structures such as buildings, infrastructure, and industrial facilities. The surge in the construction sector is attributable to enhanced accessibility to adaptable construction equipment finance solutions, empowering companies to procure cutting-edge machinery and broaden their projects more effectively. Construction equipment finance facilitates the management of cash flow for construction enterprises by spreading out the expenses of equipment acquisitions over time, thereby circumventing substantial initial outlays. As evidenced by the construction spending report released by the U.S. Census Bureau in May 2024, expenditure during the initial three months of 2024 reached $461 billion, marking a 10.6% (±1.3%) increase compared to the corresponding period in 2023. Hence, the burgeoning construction industry is propelling the expansion of the construction equipment finance market.

Prominent firms within the construction equipment finance market are directing their efforts towards crafting innovative solutions, such as excavator leasing programs, to address the evolving needs of the industry and furnish flexible options for equipment procurement and utilization. Excavator leasing programs entail agreements wherein contractors or businesses lease excavators rather than outright purchasing them. For instance, in May 2023, Case Construction Equipment, a U.S.-based manufacturer of construction machinery, unveiled CASE Power Lease, a novel excavator leasing initiative. This program offers adaptable lease terms of either 36 months or 3,000 hours and encompasses comprehensive machine warranty coverage and scheduled maintenance throughout the lease duration. Furthermore, it includes an additional year or 1,000 hours of powertrain warranty if the lessee opts to purchase the equipment at the lease's conclusion.

In February 2024, Mahindra Construction Equipment, a company based in India specializing in manufacturing construction machinery, teamed up with the Bank of Maharashtra to offer financing options for purchasing construction equipment. Through this collaboration, the two organizations aim to make construction machinery more accessible by providing customized financing plans, which feature lower interest rates, longer loan durations, up to 90% financing of equipment costs, and reduced processing fees. This initiative is designed to support businesses in India's infrastructure sector and facilitate the smoother acquisition of essential construction equipment. The Bank of Maharashtra, an Indian bank, provides banking and financial services related to construction equipment.

Major companies operating in the construction equipment finance market are Wells Fargo Equipment Finance, Caterpillar Financial Services, Komatsu Financial, CNH Industrial Capital, Volvo Financial Services, JCB Finance, Kubota Credit, Liebherr Finanz, Atlas Copco Financial Services, Terex Financial Services, Wacker Neuson Finance, De Lage Landen, Société Générale Equipment Finance, Sumitomo Mitsui Finance and Leasing, Mitsubishi UFJ Lease and Finance, Hitachi Capital America, US Bancorp Equipment Finance, Bank of America Leasing and Capital, CIT Group, BNP Paribas Leasing Solutions.

North America was the largest region in the construction equipment finance market in 2025. The regions covered in the construction equipment finance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the construction equipment finance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The construction equipment finance market consists of revenues earned by entities by providing services such as leasing, equipment rental, vendor financing, and vendor financing. The market value includes the value of related goods sold by the service provider or included within the service offering. The construction equipment finance market also includes sales of excavators, bulldozers, loaders, cranes, and dump trucks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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