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The global heavy construction equipment market was valued at USD 132.52 billion in 2018 and is anticipated to grow at a CAGR of 5.7% over the forecast period from 2020-2027. Request for free sample copy at https://bit.ly/31UBpDX.
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Global Heavy Construction Equipment Market Trends, Growth Forecast 2020-2027
Segments: Heavy construction equipment market size, share & trends analysis by earthmoving equipment, material handling equipment, heavy construction vehicles, others), by application (excavation & demolition, heavy lifting, material handling, tunneling, transportation, recycling & waste management), by end-use (construction & manufacturing, oil & gas, public works & railroad, infrastructure, mining, forestry & agriculture, others) and regional analysis report 2020-2027. @ Confianza Market Research & Consultancy. All Rights Reserved
Statistics: The global heavy construction equipment market was valued at USD 132.52 billion in 2018 and is anticipated to grow at a CAGR of 5.7% over the forecast period from 2020-2027. @ Confianza Market Research & Consultancy. All Rights Reserved
Drivers: The key reasons behind this tremendous growth are increasing residential and commercial construction demand, stringent emission regulations on heavy equipment, and increasing PPP (Public-Private Partnership) in the development of infrastructures. @ Confianza Market Research & Consultancy. All Rights Reserved
Region: The Asia-Pacific construction equipment market is anticipated to register a CAGR of 8.52% over the forecast period. The region holds greater than 40% construction equipment market share in 2019. @ Confianza Market Research & Consultancy. All Rights Reserved
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