Construction Equipment Market Size, Share, Forecast Report, 2030
The global construction equipment market worldwide size is valued at USD 149.7 billion in 2023 and is expected to reach USD 194.7 billion by 2030, at a CAGR of 3.8%. Construction equipment refers to heavy machinery that performs specific construction or demolition functions. This equipment is transportable, semi-permanent, or permanent and is primarily used for earthmoving, lifting containers or...
Why the Construction Equipment Market Will Top $194.7 Billion by 2030
The construction equipment industry plays a crucial role in shaping infrastructure development and driving economic growth worldwide. This sector encompasses a wide range of machinery and tools used in various construction activities, including excavation, grading, lifting, and material handling. Key segments within the industry include earthmoving equipment (such as excavators and bulldozers), construction...
Construction Equipment Market Valued at $194.7 billion by 2030
The construction equipment market is projected to grow from USD 149.7 billion in 2023 to USD 194.7 billion by 2030, at a CAGR of 3.8%. The construction equipment rental business is picking up steam and seems to be having a positive impact on the global construction equipment market which will offer promising growth opportunities for the futuristic growth of the market.
Based on Region, it is predicted...
Construction Equipment Market Size, Share, Trends & Forecast by 2030
According to a research report “Construction Equipment Market by Equipment Type (Excavator, Loader, Dozer, Dump Truck, Compactor, Crane), Propulsion, Power Output, Engine Capacity, Application, Electric Construction Equipment, Battery Chemistry & Region – Global Forecast to 2030″ published by MarketsandMarkets, the Construction Equipment market is projected to grow from USD...
Construction Equipment Market Estimated $194.7 billion by 2030
The Construction Equipment Market is projected to grow from USD 149.7 billion in 2023 to USD 194.7 billion by 2030, at a CAGR of 3.8%.
The sales of Construction Equipment are observed to have dropped due to the recession impact between 2023 and 2025 and hence show a declining trend in China, the US, Russia, and South Africa. This downside is due to inflation, a severe issue throughout 2022, and...
Construction Equipment Market Poised to Reach $223.1 Billion by 2027
The construction equipment market size is projected to grow from USD 180.4 billion to USD 223.1 billion by 2027, at a CAGR of 4.3% for the same period. The market is expected to witness growth due to the development of public-private capital investments, increase in the number of the commercial projects, and restart of the infrastructure projects sanctioned by governments after the pandemic situation.
With...
Construction Equipment Market Size, Growth, Demand, Opportunities & Forecast To 2027
The Construction
Equipment Market size is projected to grow from USD 180.4 billion to USD
223.1 billion by 2027, at a CAGR of 4.3% for the same period. The market
is expected to witness growth due to the development of public-private
capital investments, increase in the number
of the commercial projects, and restart of the infrastructure projects
sanctioned by governments after the pandemic situation.
With...
Construction Equipment Market to Witness Huge Growth by 2027
The
Construction
Equipment Market is projected to reach USD 250.4 Billion by
2026 from USD 208.3 Billion in 2021, at a CAGR of 3.8% during the forecast
period. Asia is estimated to dominate the construction equipment market with a
share of 59.0% in 2021.
With rapid infrastructural development and
government investments in construction activities post-COVID-19
pandemic which is likely to fuel the...
Construction Equipment Market Projected to reach $250.4 billion by 2026
The report “Construction Equipment Market by Type
(Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump
Truck), Electric Equipment, Propulsion, Power Output, Application, Rental,
Aftertreatment Device, and Region – Global Forecast to 2026″The growth of
this market is fueled by increase in infrastructure investments post-COVID-19
pandemic and developments such...
Construction Equipment Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2026
The Construction Equipment Market is projected to reach USD 250.4 Billion by 2026 from USD 208.3 Billion in 2021, at a CAGR of 3.8% during the forecast period. Asia-Pacific is estimated to lead the market during the forecast. The construction equipment market has experienced growth in terms of the number of projects such as dams, airports, and hydroelectric projects, because of which many...