The Fortune Business Insights Research Company recently published a detailed research titled Global Construction Equipment Market Size 2025: Trends Analysis with Forecast 2025. This current market research study contains a plethora of useful insights and data, such as worldwide market size, regional shares, and competitor market share. Additionally, it discusses current trends, future opportunities, and critical statistics for market success.

The Construction Equipment Market involves a diverse range of machinery used in building and infrastructure projects, from excavators and bulldozers to cranes and loaders. The market is expanding due to increased urbanization, infrastructure development, and technological advancements, which are improving equipment efficiency and safety.

In summary, Fortune Business Insights™’s latest report on the Global Construction Equipment Market is a must-read for any industry

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Forecast Growth Projected:

The global construction equipment market size was valued at USD 142.39 billion in 2022 and is projected to grow from USD 151.60 billion in 2023 to USD 237.66 billion by 2030, exhibiting a CAGR of 6.6% during the forecast period of 2023-2030. Asia Pacific dominated the construction equipment market with a share of 41.45% in 2022.

List of the Major Key Players in the Construction Equipment Market:

• AB Volvo (Gothenburg, Sweden)

• Caterpillar Inc. (Illinois, U.S.)

• Komatsu Ltd. (Tokyo, Japan)

• Doosan Infracore Co. Ltd. (Seoul, South Korea)

• Hitachi Construction Machinery Co., Ltd. (Tokyo, Japan)

• J.C. Bamford Excavators Ltd. (Rocester, U.K.)

• Liebherr Group (Bulle, Switzerland)

• CNH Industrial N.V. (London, U.K.)

• Hyundai Construction Equipment Co., Ltd. (Seoul, South Korea)

• SANY Group (Beijing, China)

Key Industry Devlopments in the Construction Equipment Market:

• Clairemont Equipment Company collaborated with Komatsu to expand its geographical presence in Los Angeles.

• Liebherr extended its product portfolio of T 274 haul trucks by introducing a new 305t/336 tons haul truck that bridges the gap between T 284 (363 t / 400 tons) and the upgraded T 264 (240 t / 265 tons).

Segmentation:

By Equipment Type

• Earthmoving Equipment

• Material Handling Equipment & Cranes

• Concrete Equipment

• Road Building Equipment

• Civil Engineering Equipment

• Crushing and Screening Equipment

• Other Equipment (Trailers, etc.)

By Application

• Residential

• Commercial

• Industrial

By Region

• North America

• Europe

• Asia Pacific

• The Middle East & Africa

• Latin America

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What are the New Additions in Construction Equipment Market Report?

Comprehensive Market Analysis: The 2023 study offers a comprehensive industry analysis, including important market trends, development drivers, challenges, and opportunities. It covers several industrial sectors and provides information on market size, share, and segmentation.

Company Profiles: The study contains detailed information on significant industry participants. It provides thorough profiles of these organizations, focusing on their financial performance, product portfolios, strategic objectives, alliances, and competitive landscape research.

Customization and Analyst Support: The report provides customized services and analyst help upon request. This might involve custom research, particular data requirements, or unique insights depending on the client's needs and preferences.

Recent Market Developments: The report reflects the most recent market developments that have transpired since the last edition. It contains recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other major events that have shaped the industrial landscape.

Futuristic Growth Opportunities: The research examines and provides potential for future growth in the sector. It delves into developing technologies, industry trends, consumer preferences, and regulatory variables that are projected to fuel development and innovation in the next years.

Regional/Country Reports: In response to particular requests, the report provides tailored regional or country-specific analyses. This allows for a better grasp of market dynamics, the competitive environment, and prospects within a certain area or nation.

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