The global construction equipment market size was estimated at USD 124.7 billion in 2019 and it is anticipated to expand at a CAGR of 4.3% from 2020 to 2027. Increasing investments by governments across the world for developing public infrastructure has been one of the prime factors driving the market demand for this equipment.
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Get a QuoteJan 28, 2021 · Pune, Maharashtra, January 28 2021 (Wiredrelease) Market.Biz :Global Earth Moving Equipment Market was valued at USD 58,737.4 Million in 2020, and Market.Biz analysts predict the global market size will reach USD 70,769.6 Million by the end of 2030, with the growing CAGR of 1.9% between 2021-2030.
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Get a QuoteEarthmoving Equipment Market size surpassed USD 80 billion in 2019 and the industry is projected to grow at 3% from 2020 to 2026 driven by increasing number of new construction projects in commercial and residential sectors with growing urbanization and industrialization.
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Get a QuoteThe crawler/wheeled/compact loaders segment is estimated to account for nearly one-third of the overall earth moving equipment market share during the forecast period. Among product types, the crawler/wheeled/compact loaders segment is estimated to account for a major share and dominate the earth moving equipment market over the projected period. The segment is …
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Get a QuoteThe earth moving equipment is one the largest segment of heavy construction equipment market. Different types of earth moving equipment segmented in the report are excavators including compact excavator, dredging, dragline excavator, front shovel and others; loaders including skip loader and wheel loader; construction tractors; and others that
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