ASIA PACIFIC LEADS THE GLOBAL CONSTRUCTION EQUIPMENT MARKET WITH MARKET SHARE OF ~44% in 2024.
The global Construction Equipment Market is estimated to reach USD 186.62 billion by 2030 from USD 148.02 billion in 2024, registering a CAGR of 3.9%. The growth of the construction equipment market is related to the growth of the construction industry. Government investment to boost infrastructure projects, rental/leasing trends, public-private partnerships, and rising disposable incomes will likely...
Can Electric Bus Market Share Overtake Traditional Buses in the Next Decade?
The electric bus market share is rapidly expanding as governments and transit authorities worldwide prioritize sustainable public transportation solutions. With increased demand for eco-friendly alternatives to traditional diesel buses, electric buses are becoming a significant portion of the overall bus market. Key regions, including North America, Europe, and Asia-Pacific, are investing heavily...