NEW YORK, June 29, 2022 /PRNewswire/ -- The Insight Partners published latest research study on "Construction Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Equipment Type (Heavy Construction Vehicles, Earthmoving Equipment, Material Handling Equipment, and Others) and Application (Residential, Commercial, and Industrial)", the global construction equipment market size is expected to grow from $126.06 Billion in 2022 to $223.45 Billion by 2028; it is estimated to grow at a CAGR of 10.0% from 2022 to 2028.
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Construction Equipment Market Report Scope & Strategic Insights:
Report Coverage | Details |
Market Size Value in | US$ 126.06 Billion in 2022 |
Market Size Value by | US$ 223.45 Billion by 2028 |
Growth rate | CAGR of 10.0% from 2022 to 2028. |
Forecast Period | 2022-2028 |
Base Year | 2022 |
No. of Pages | 157 |
No. Tables | 61 |
No. of Charts & Figures | 74 |
Historical data available | Yes |
Segments covered | Equipment Type and Application |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Construction Equipment Market: Competitive Landscape and Key Developments
Caterpillar Inc.; CNH Industrial N.V.; Hitachi Construction Machinery Co., Ltd; J C Bamford Excavators Ltd.; Deere & Company; Komatsu Ltd.; Liebherr-International Deutschland GmbH; Terex Corporation; Volvo CE; and Zoomlion Heavy Industry Science and Technology Co., Ltd. are among the key players profiled during the study. In addition, several other essential market players were also studied and analyzed to get a holistic view of the global construction equipment market and its ecosystem.
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