Electric Construction Equipment Market Size is Projected to Reach USD 44.8 billion by 2030
The electric construction equipment market size is rapidly growing, driven by increasing concerns about sustainability and emissions reduction. As technology advances and battery capacity improves, electric construction equipment is becoming more viable and efficient for various applications.
Key Trends in the Electric Construction Equipment Market:
Growing Demand: The demand for electric construction...
Industrial Vehicles Market Size to Hit USD 64.3 Billion by 2030
The global industrial vehicles market growth is projected to grow from USD 49.2 Billion in 2024 to USD 64.3 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is experiencing steady growth due to increased automation and efficiency demands in warehouses and manufacturing facilities. Additionally, the expansion of e-commerce and logistics sectors drives the demand for material handling...
Electric Tractor Market Size is Projected to Reach USD 3.4 billion by 2030
The global electric tractor market growth is projected to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3% during the forecast period. The electric tractor market is being driven by growing stringency in emission regulations, advancements in battery technology, and government incentives & regulations.
The battery electric tractors hold the largest market for...
Construction & Heavy Equipment Telematics Market Size, Share, Industry Trends and Forecast 2026
The global construction & heavy equipment telematics market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%.
Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction...
Electric Construction Equipment Market Size, Share, Trends, Growth & Forecast 2030
The global electric construction equipment market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% during the forecast period. The electric construction equipment market has shown significant growth recently. The market growth is primarily driven by the increasing demand to minimize exhaust emissions from construction equipment, reduce ventilation...
Construction Equipment Market Projected To Witness Vigorous Expansion By 2025
The global
Construction Equipment Market size is
projected to reach USD 205.0 billion by 2025, from an estimated value of USD
169.3 billion in 2020, at a CAGR of 3.9%. Rapid urbanization leading to
increased demand for housing projects is expected to boost the construction
equipment market. The
increasing number of infrastructure projects and mega construction projects are
further anticipated to fuel...
At a CAGR of 7.0% – Heavy Construction Equipment Market is Projected to Grow up to $180.66 Billion By 2021
The report “Heavy Construction Equipment Market by Type (Earthmoving, Material Handling, Heavy Construction Vehicles), End-Use Industry (Construction & Manufacturing, Public Work & Rail Road, Mining), Application, and Region – Global Forecast to 2021″, The heavy construction equipment market size is estimated to grow from USD 121.46 Billion in 2015 to USD 180.66 Billion...