Construction Equipment Market

1. Construction Equipment Market Expected to reach USD 205.05 Billion By 2032 | CAGR: 3.1% Construction Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment Type; By Equipment Category; By Power Output (<100HP, 101-200HP, 201- 400HP, >400 HP); By Application; By Region; Segment Forecast, 2024 - 2032

2. ❑ Construction Equipment Market Estimate & Forecast Global Construction Equipment Market size and share is currently valued at USD 155.79 billion in 2023 and is anticipated to generate an estimated revenue of USD 205.05 Billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 3.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032. The market is expected to experience substantial growth during the forecast period. This growth is expected to be driven by various factors, such as the increasing number of infrastructure development projects and the increasing need for advanced machinery. Additionally, the market is expected to benefit from the increasing trends of automation and technological advancements in construction equipment, which ultimately lead to enhanced efficiency and productivity in construction activities. 2 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

3. ❑ Construction Equipment Market 3 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

4. ❑ Construction Equipment Market Competitive Landscape The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Majorplayers operatingin the marketare: • AB Volvo • Caterpillar, Inc • CNH Industrial America LLC. • Deere & Company • Doosan Corporation • Escorts Limited • Hitachi Construction Machinery Co., Ltd. • Hyundai Construction Equipment Co., Ltd. • J C Bamford Excavators Ltd. • Komatsu Ltd. Browse Complete Report 4 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

5. ❑ About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for a clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business- centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and highly comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. qualified team of experts Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com 5 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved

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