Heavy Construction Equipment Market 2023 - Industry Insights, New Trends, Growth, And Forecast To 2023-2032 | AB Volvo, Caterpillar Inc., CNH Industrial NV

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Heavy construction equipment Global Market Report 2023 identifies the expansion of government infrastructure development projects is expected to propel the growth of the heavy construction equipment market. Heavy construction equipment helps in accomplishing heavy tasks during infrastructure construction due to its high capacity and strength in lifting materials and its capability to operate in harsh environmental conditions.

The global heavy construction equipment market size is expected to grow from $178.29 billion in 2022 to $190.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The heavy construction equipment market size is expected to grow to $243.89 billion in 2027 at a CAGR of 6.4%.

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Major competitors in the heavy construction equipment market are AB Volvo, Caterpillar Inc., CNH Industrial NV, Deere And Company, Hyundai Doosan Infracore Company Limited, Hitachi Machinery Construction Company Limited, J. C. Bamford Excavators Limited, Komatsu Limited, Liebherr AG, Sany Group, and XCMG Group

Product innovation is the key trend that is gaining popularity in the heavy construction equipment market. Major companies operating in the heavy construction equipment market are focused on developing new technological solutions to strengthen their position in the market.

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The heavy construction equipment market is segmented -
• By Equipment Type: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Equipment
• By Application: Excavation and Demolition, Heavy Lifting, Tunneling, Material Handling, Recycling, and Waste Management
• By End User: Infrastructure, Construction, Mining, Oil and Gas, Manufacturing, 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 heavy construction equipment market.

The Business Research Company's "Global Heavy Construction Equipment Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Heavy Construction Equipment Market Include:
1. Heavy Construction Equipment Market Executive Summary
2. Heavy Construction Equipment Market Segments
3. Heavy Construction Equipment Market Size And Heavy Construction Equipment Market Growth Rate
4. Key Heavy Construction Equipment Market Trends
5. Major Heavy Construction Equipment Market Drivers
……
25. Key Mergers And Acquisitions In The Heavy Construction Equipment Market
26. Top Heavy Construction Equipment Companies
27. Heavy Construction Equipment Market Opportunities And Strategies
28. Heavy Construction Equipment Market, Conclusions And Recommendations
29. Appendix

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