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The global heavy construction equipment market size is expected to reach USD 298.24 billion by 2032, according to a new study by Polaris Market Research
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Heavy Construction Equipment Market Expected to reach USD 298.24 Billion By 2032 | CAGR: 4.40% Heavy Construction Equipment Market Share, Size, Trends, Industry Analysis Report, By Type (Earthmoving Equipment, Heavy Construction Vehicles, Material Handling Equipment, and Others); By Application; By End-User; By Region; Segment Forecast, 2024- 2032
❑ Heavy Construction Equipment Market Estimate & Forecast Global heavy construction equipment market size and share is currently valued at USD 202.95 billion in 2023 and is anticipated to generate an estimated revenue of USD 298.24 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.40% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032 The heavy construction equipment is impacted by top factors such as the recovery of the construction sector, increase in public and private partnerships, growth in urbanization, and Eurozone economic uncertainty and stringent government regulations. 2 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
❑ Heavy Construction Equipment Market 3 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
❑ Heavy Construction Equipment Market 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. Major players operating in the market are: • Caterpillar Inc. • CNH Industrial N.V. • Deere & Company • Doosan Infracore Co Ltd. • Hitachi Construction Machinery Co. Ltd. • J C Bamford Excavators Ltd. • Kobelco Construction Machinery Co. Ltd. • Komatsu Ltd. • Liebherr International AG • SANY Group Co. Ltd. • Terex Corporation • Volvo Group Browse Complete Report 4 Copyright © Polaris Market Research & Consulting LLP 2022. All Rights Reserved
❑ 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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