The global construction equipment market size was estimated at $124.7 billion in 2019 and is expected to grow at an annual average of 4% from 2021 to 2027. Market demand for this equipment. In addition, residential and commercial construction activity has increased due to population growth in emerging economies such as India. Therefore, the market is expected to grow steadily over the forecast period.
A full report of Construction Equipment Market available at https://www.orionmarketreports.com/construction-equipment-market/24354/
Construction Equipment Market Segmentations
By Solution Type
• Products
• Services
By Equipment Type
• Heavy construction equipment
• Compact construction equipment
By Type
• Loader
• Cranes
• Forklift
• Excavator
• Dozers
• Others
By Application
• Excavation & mining
• Lifting & material handling
• Earth moving
• Transportation
• Others
By Industry
• Oil & gas
• Construction & infrastructure
• Manufacturing
• Mining
• Others
Key Players
• AB Volvo
• Caterpillar Inc.
• CNH Industrial N.V.
• Deere & Company
• Doosan Infracore Co. Ltd.
• Hitachi Ltd.
• J C Bamford Excavators Ltd.
• Komatsu Ltd.
• Liebherr-International AG
• Xuzhou Construction Machinery Group Co., Ltd. (XCMG)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
