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...