CAT · News · 20260804N

End-Market Demand Trends

CATERPILLAR INC · 2026-08-04 · Importance 17 · Surprise 24

Demand is strengthening across Caterpillar’s construction equipment, engines, generators and mining products. AI data-center construction is driving purchases of large engines, turbines and other power-generation equipment, while construction activity is supporting machinery demand. Reporting described the momentum as broadening across all three operating segments, with no apparent slowdown in current orders.

Key facts

• Strong demand for power-generation equipment used in data centers materially contributed to Q2 revenue and profit growth source
• The data center/AI buildout was cited as a driver of increased demand for power generation and construction equipment and was specifically noted as boosting the Power unit source