Construction Equipment Market Size, Growth, Drivers Report 2028

𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 – 𝐀 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝗣𝗗𝗙 𝐆𝐮𝐢𝐝𝐞

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙: https://www.theinsightpartners.com/sample/TIPRE00007469/

The Construction Equipment Market is expected to grow from US$ 126,062.8 million in 2022 to US$ 223,451.1 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2022 to 2028.

Heavy-duty vehicles developed specifically to carry out construction duties, most commonly earthwork operations, are referred to as construction equipment. The proper use of suitable equipment helps to the project’s economy, quality, safety, speed, and timeliness. It is not always desired or feasible for the contractor to possess all of the construction equipment needed for the project. Excavating, digging dirt, moving it over great distances, placement, compacting, levelling, dozing, grading, and hauling are among the main processes involved in the building of any construction project. The Construction Equipment Market is expected to grow from US$ 126,062.8 million in 2022 to US$ 223,451.1 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2022 to 2028.

𝗧𝗼𝗽 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀:
Caterpillar Inc
N.V. Komatsu Ltd
Liebherr Terex Corporation

Report Attribute Details
Market size in 2022 US$ 126.06 Billion
Market Size by 2028 US$ 223.45 Billion
Global CAGR (2022 – 2028) 10.0%
Historical Data 2020-2021
Forecast period 2023-2028

Segments Covered By Equipment Type
Heavy Construction Vehicles
Earthmoving Equipment
Material Handling Equipment

By Application
Residential
Commercial
Industrial

Regions and Countries Covered North America
US
Canada
Mexico
Europe
UK
Germany
France
Russia
Italy

Rest of Europe
Asia-Pacific
China
India
Japan
Australia

Rest of Asia-Pacific
South and Central America
Brazil
Argentina
Rest of South and Central America

Middle East and Africa
South Africa
Saudi Arabia
UAE
Rest of Middle East and Africa

 

 

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