Construction Equipment Market Size, Share, Industry Report 2030

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The global construction equipment market size was valued at US$ 162 billion in 2023, and is expected to grow to US$ 229 billion by 2030, growing at a significant CAGR of 6.1% from 2024 -2030. also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Construction Equipment Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global Construction Equipment Market segmentation:
1) By Concrete Equipment: Transit, Concrete Pumps Asphalt Pavers, Crushers, Mixers, Batching Plants.
2) By Product: Compaction Equipment, Excavators, Loaders, Earthmoving & Road Building Equipment Backhoes and Others
3) By Material: Handling & Cranes, Engineered Systems, Bulk Material Handling Equipment, Industrial Trucks, Storage & Handling Equipment.
4) By Application: Potential, Price Trends.

The primary factors of the Construction Equipment Market drivers are Growing infrastructure development and building activity. The Construction Equipment Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The Construction Equipment Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the largest region in the Construction Equipment Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.

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The important profiles and strategies adopted by the Construction Equipment Market key players are Caterpillar, AB Volvo, Komatsu Ltd., CNH Industrial N.V., Liebherr-International Deutschland GmbH, Hitachi Construction Machinery Co., Ltd., Terex Corporation, Deere & Company, Zoomlion Heavy Industry Science&Technology Co., Ltd., Sandvik AB, WIRTGEN GROUP, Ammann Group, The Manitowoc Company, Inc., ASTEC INDUSTRIES, INC, Doosan Corporation, XCMG Group, Hyundai Heavy Industries Co., Ltd, SANY Group is covered here to help them in strengthening their place in the market.

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