Construction Equipment Market Size, Share, Trends & Analysis by 2030
The construction equipment market is projected to grow from USD 148.02 billion in 2024 to USD 186.62 billion by 2030 at a CAGR of 3.9%.
The construction equipment industry is expanding in the Asia Pacific due to growing urbanization, increased infrastructure development in Asia’s emerging economies, population expansion, and rising disposable income. Technological advancements in construction...
Construction Equipment Market Qualitative Analysis by Industry Overview to 2025
The Construction
Equipment Market is projected to grow at a CAGR of 4.52% during the
forecast period, to reach a market size of USD 199.18 Billion by 2025 from an
estimated size of USD 146.17 Billion in 2018. The upcoming infrastructural
projects and increased government spending have led to an increase in
construction activities. Additionally, with the advancements in technology, the
equipment has...