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The Global Construction Equipment Market is projected to grow from USD 208.3 billion in 2021 to USD 279.53 billion by 2030 at a CAGR of 3.8% during the forecast period. The demand for construction equipment is expected to rise due to rise in construction activities around the globe. Over the forecast period, government program that encourage individuals to buy new homes, such as lower mortgage and stimulus packages rates, are projected to support market expansion.
The increasing public-private partnerships, increasing residential, commercial, and industrial construction activity, and rising investments in infrastructure development are all contributing to worldwide market expansion. Mining, forestry, agriculture, material handling (e.g., ports, warehouses), waste management, and municipal equipment are among the industries and end-users for which the major players in the market are investing in R&D activities in order to provide better machinery for industry segments and end-users.
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A strong research methodology employed in the winning Construction Equipment Market business report consists of data models that include Market Overview and Guide, Vendor Positioning Grid, Market Time Line Analysis, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Businesses can attain details about market drivers and market restraints which assist them to take presumption about reducing or increasing the production of particular product.
The report provides a comprehensive analysis of company profiles listed below:
AB Volvo (Gothenburg, Sweden)
J C Bamford Excavators Ltd. (Rocester, U.K.)
SANY Group (Beijing, China)
Doosan Infracore North America LLC (Suwanee, Georgia)
Hitachi Construction Machinery Co., Ltd. (Tokyo, Japan)
Type Analysis of World Wide Market:
Civil Engineering Equipment
Material Handling Equipment & Cranes
Earthmoving Equipment
Concrete Equipment
Road Building Equipment
Crushing and Screening Equipment
Others
Segmentation of global Construction Equipment Market by Application:
Residential
Commercial
Industrial
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America (Brazil, Argentina and Colombia etc.)
• Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
This Construction Equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
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This research report gives detailed data about the major factors influencing the growth of the Construction Equipment market at the global level forecast of the market size, in terms of value, market share by region and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT Analysis, product portfolio and growth strategies. In this report, the market’s essential sides such as top participants, expansion strategies, business models and other market features to improve market insight.