Global Construction Equipment Market size was valued at US$ 120 Bn. in 2020 and the total revenue is expected to grow at 5% CAGR through 2021 to 2027, reaching nearly US$ 169 Bn.
Global Construction Equipment Market Overview:
The Global Construction Equipment Market research analysis report examines historical data as well as emerging technology to determine what is driving the industry's growth. The report also contains expert guidance to assist customers in focusing on their development objectives and making educated decisions. This research inquiry discusses the most crucial trend prospects and major drivers for the Global Construction Equipment market's growth. The market assessment for Global Construction Equipment also includes the opportunities and constraints that may affect market growth.
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COVID-19 Impact:
The COVID-19 accident has a wide-ranging influence on several racial and ethnic groups. Income and wealth, access to and utilisation of health care, education, occupation, discrimination, and housing are all interconnected socioeconomic determinants of health. For emerging market and developing countries, economic headwinds will come from a variety of directions. Even this dismal estimate is riddled with unknowns and significant risks. Primary and secondary research were utilised to identify major market participants, and primary and secondary research was used to determine their market shares.
Major Kay players:
• Hitachi Construction Machinery
• JCB
• Atlas Copco
• Deere & Company
• Bomag
• CASE Construction Equipment
• Ammann Group
• Hamm AG
• Martin Trailer Company
• MBW Inc.
• Thetford International
• Altrad Belle
• CNH Industrial America LLC
• AB Volvo
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