11/24/2022 Construction Equipment Market Share, Size, Trends, Revenue, Analysis Report 2022-2027Read NowAccording to the latest report by IMARC Group, titled “Construction Equipment Market : Global Industry Share, Trends, Size, Growth, Opportunity and Forecast 2022-2027”, The global construction equipment market size reached a US$ 172.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 239.3 Billion by 2027, exhibiting a CAGR of 5.45% during 2022-2027.
Report Metric Historical: 2016-2021 Base Year: 2021 Forecast Year: 2022-2027 Construction equipment, also known as heavy equipment, is designed to perform construction-related activities. It includes pavers, scrapers, generators, pile drivers, concrete mixers, off-highway haulers and trucks, and compactors and rollers. Construction equipment is used toperform different functions such as hauling, drilling, paving, grading,excavating, and digging. Presently, several players are focusing on improving the fuel consumption of construction equipment owing to several environmental concerns and the increasing need for energy conservation. As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic. Global Construction Equipment Market Trends: Increasing investments in infrastructural development, in confluence with a significant rise in commercial construction activities, represents one of the major factors bolstering the market growth. Moreover, the emerging automation trend in construction processes is contributing to the growth of the market. Apart from this, several manufacturers are focusing on upgrading existing equipment into next-generation machines by integrating advanced technologies, such as the internet of things (IoT). This is projected to create a positive outlook for the market. Request Free Sample Report: https://www.imarcgroup.com/construction-equipment-market/requestsample Global Construction Equipment Market 2022-2027 Analysis and Segmentation: Competitive Landscape: The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. AB Volvo, Caterpillar Inc., CNH Industrial N.V., Deere & Company, Doosan Infracore, Hitachi Construction Machinery, Komatsu Ltd. and Liebherr-International AG. The report has segmented the market on the basis on region, solution type, equipment type, type, application and industry. Breakup by Solution Type:
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment. About Us: IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. Contact Us: Company Name: IMARC Group Email: [email protected] Toll Free Number: USA: +1-631-791-1145 | Asia: +91-120-433-0800 Address: 30 N Gould St, Ste R Sheridan, WY 82801, USA Website: https://www.imarcgroup.com/ Follow us on twitter: @imarcglobal Linkedin: https://www.linkedin.com/company/imarc-group
8 Comments
1/11/2023 10:02:16 pm
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2/13/2023 09:32:32 pm
Hello blogger! Great post on construction equipment. Construction equipment is designed to be used safely and efficiently, which minimizes the risk of injury and accidents on the worksite. The use of construction equipment allows for fewer workers to complete a job in a shorter amount of time, which reduces labor costs. You can also visit Boom & Bucket for more details.
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7/28/2023 09:44:43 pm
Insights into the construction equipment market may be gained from this report's thorough examination of the sector. The trends, size, and revenue analyses for 2022, as well as estimates for 2027, are really intriguing. For a construction company owner, knowing how the market works is essential for making sound business decisions and expanding the company. The trends and facts presented here will unquestionably aid in making wise choices. I appreciate you giving us access to this study.
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10/6/2023 11:32:34 pm
Hello, Blogger! Your post about construction equipment is excellent. It emphasizes the importance of using construction equipment safely and efficiently, ultimately reducing the risk of worksite accidents and injuries. Furthermore, employing such equipment enables fewer workers to complete tasks more swiftly, resulting in cost-effective labor management
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10/16/2023 02:30:41 am
This post on the construction equipment market was really informative! It provided a great overview of the current market share, size, trends, and revenue analysis. It's crucial to stay updated on this information, especially for those in the construction industry. Thanks for sharing!
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10/20/2023 06:48:44 am
This is a great overview of the construction equipment market! It's always interesting to see how the industry is evolving and adapting to new trends. I appreciate the insights into market share, size, and revenue analysis. It helps us stay informed about the latest developments in this important sector. Thanks for sharing!
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10/25/2023 03:50:05 am
This article on the construction equipment market is quite informative. I appreciate the analysis of market share, size, and trends. It's essential for industry professionals to stay updated on these factors, as they can greatly influence business decisions. Thanks for sharing this valuable information!
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11/9/2023 11:02:39 pm
This is a really educational piece about the construction equipment market. Thank you for providing the market share, size, and trend data. Professionals in the field must keep up with these elements because they have a significant impact on business decisions. I appreciate you giving this important information!
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