Market Research Insights

  San Francisco, 19 April 2024:  The Report  Construction Equipment Market  Size, Share & Trends Analysis Report By Product (Earth Moving Machinery, Material Handling Machinery), By Equipment Type, By Propulsion Type (ICE, Electric, CNG/LNG), By Power Output, By Engine Capacity, And Segment Forecasts, 2024 - 2030 The global construction equipment market is expected to reach USD 363.23 billion by 2030 and is anticipated to grow at a CAGR of 8.4% during the forecast period, according to a new report by Grand View Research, Inc. The increasing investments made by governments across the globe in the development of public infrastructure is one of the major factors expected to fuel the market growth. Additionally, the demand for construction equipment is predicted to rise owing to the increased residential and commercial construction activity caused by the growing population in emerging countries. Due to stricter emissions rules and expensive fuel prices, the construction industry is rap

San Francisco, 5 April 2019:  The Report  Construction Equipment Market  Size, Share & Trends Analysis Report By Product Type (Earth Moving, Material Handling, Concrete & Road Construction), By Region, And Segment Forecasts, 2018 – 2025 The global Construction Equipment Market size is expected to reach USD 112.52 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 4.8% over the forecast period. Increasing government spending on developing public infrastructure has been a major factor driving market growth. In addition, growing trend of renting used construction equipment has led to rise in demand for construction equipment. Earth moving machinery accounted for the highest market share in 2017. Increasing demand for large and mini excavators, backhoe loaders, and such other heavy construction equipment from developing countries is driving the market growth. Although China is considered as a market leader for thes