Press release
Earthmoving Market Is Set For Lucrative Growth During The 2022-2032: Hyundai Heavy Industries Co. Ltd., J.C. Bamford Excavators Limited, AB Volvo
Earthmoving Market
As per the earthmoving market report by The Business Research Company, the rising urban population generating higher demand for better infrastructure is expected to propel the earthmoving market over the forecast period. The increase in the urban population contributes to the demand for improved and advanced infrastructure. According to The International Institute for Environment and Development, the world's urban population has increased to 4.4 billion in 2020. Furthermore, according to United Nations, Department of Economic and Social Affairs the proportion is expected to reach 68% by the end of 2050. This four-fold growth creates a need for more infrastructure, increased urban development, and more building activities to accommodate people.
The global earthmoving market size will grow from $95.2 billion in 2022 to $100.06 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The global earthmoving market size is expected to grow to $116.99 billion in 2027 at a CAGR of 4.0%.
Read More On The Earthmoving Market Report Here:
https://www.thebusinessresearchcompany.com/report/earthmoving-global-market-report
Major competitors in the earthmoving market are Hyundai Heavy Industries Co. Ltd., J.C. Bamford Excavators Limited, AB Volvo, Doosan Infracore Co. Ltd., SANY America, Liebherr Group, Hitachi Construction Machinery Co. Ltd., Caterpillar Inc.
The earthmoving market is segmented -
• By Equipment: Excavators, Loaders, Dump trucks, Other Equipments
• By Application: Construction, Underground, Mining, Surface Mining
• By End-User: Construction, Mining, Agriculture & forestry, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Earthmoving market.
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The earthmoving machinery market consists of sales of backhoe loaders, bulldozers, skid-steer loaders, trenchers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The Table Of Content For The Earthmoving Market Include:
1. Executive Summary
2. Earthmoving Market Characteristics
3. Earthmoving Market Trends And Strategies
4. Earthmoving Market - Macro Economic Scenario
5. Earthmoving Market Size And Growth
6. Earthmoving Market Segmentation
…………………
27. Earthmoving Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Earthmoving Market
29. Earthmoving Market Future Outlook And Potential Analysis
30. Appendix
The "Global Earthmoving Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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