Press release
Global Construction Equipment Market Poised for Remarkable Growth, Reaching US$ 250.2 Billion by 2031
The global construction equipment market is set to witness substantial growth, propelled by increased construction and infrastructure projects worldwide, according to the latest industry analysis. The market, valued at US$ 147.3 billion in 2022, is projected to expand at a Compound Annual Growth Rate (CAGR) of 6.9% from 2023 to 2031, ultimately reaching a valuation of US$ 250.2 billion by the end of 2031.๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฎ๐ (๐จ๐๐ฒ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐ ๐ฎ๐ถ๐น ๐๐ฑ ๐ณ๐ผ๐ฟ ๐ค๐๐ถ๐ฐ๐ธ ๐ฅ๐ฒ๐๐ฝ๐ผ๐ป๐๐ฒ) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=110
Analysts highlight that the surge in government investments in infrastructure development, coupled with technological advancements, is driving the growth of the construction equipment market. The rising demand for advanced and sustainable solutions in construction equipment is also a major contributing factor to the industry's expansion.
The construction equipment market encompasses a wide array of machinery and tools specially designed for construction work, including heavy engineering equipment, material handling equipment, concrete equipment, construction vehicles, and road construction equipment. Technological innovations are making these tools safer, more reliable, and environmentally friendly, aligning with the industry's increasing focus on sustainability.
One significant driver of market growth is the accelerating pace of urbanization and the expansion of the mining sector. The rise in urban populations is fueling demand for construction equipment, while the mining industry heavily relies on heavy equipment for functions like material handling and ground preparation.
๐๐๐ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ | ๐๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ ๐๐ฒ๐น๐ถ๐๐ฒ๐ฟ๐ ๐๐๐ฎ๐ถ๐น๐ฎ๐ฏ๐น๐ฒ ๐ฎ๐ -
https://www.transparencymarketresearch.com/checkout.php?rep_id=110<ype=S
Geographically, the Asia Pacific region is anticipated to claim the largest market share from 2023 to 2031, owing to a surge in government infrastructure projects, increased demand for advanced construction equipment, and rapid urbanization. North America and Europe are also expected to experience significant growth due to rising investments in real estate and increased construction activities.
Key players in the construction equipment market include Caterpillar Inc., Deere & Co., Kubota Corp., Komatsu Ltd., CNH Industrial N.V., and more. These companies are driving innovation through strategic partnerships, technological advancements, and sustainable solutions.
๐ ๐ผ๐ฟ๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต -
Cardiovascular Diagnostic & Monitoring Devices Market
https://www.globenewswire.com/news-release/2023/06/12/2686663/0/en/Cardiovascular-Diagnostic-Monitoring-Devices-Market-to-Cross-US-29-0-Bn-Mark-by-2031-Says-TMR-Study.html
Centrifugation-free Sperm Separation Systems Market
https://www.globenewswire.com/news-release/2023/06/12/2686728/0/en/Centrifugation-free-Sperm-Separation-Systems-Market-Poised-for-USD-200-0-Mn-Revenue-by-2031-Says-Transparency-Market-Research.html
๐๐ฏ๐ผ๐๐ ๐จ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Construction Equipment Market Poised for Remarkable Growth, Reaching US$ 250.2 Billion by 2031 here
News-ID: 3185186 • Views: โฆ
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 โฆ
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends fromโฆ
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra โฆ
The global Technetiumโ99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetiumโ99mโฆ
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to โฆ
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equineโฆ
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of โฆ
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,โฆ
More Releases for Analysts
Seizing Opportunities of the Market - Analysts' Views
Artificial intelligence and chip technology, as major global trends, have sparked a frenzy in the investment world in recent years. This wave of interest has not only attracted the attention of numerous investors but also caught the eye of astute observers who have identified a unique opportunity, presenting significant prospects for themselves and investors.
Within this opportunity, investors can choose various ways to participate. On the one hand, they can investโฆ
AAA supports analysts readjustment of commodities ratings
Boston, MA, USA (August 19, 2011) -- Alternative Asset Analysis has announced its support for Bank of America Merrill Lynch's readjustment of its stance on commodities, preferring to favor non-cyclical commodities, such as gold, while oil has been downgraded as an alternative asset.
Alternative Asset Analysis (AAA), a research organization that advocates alternative investments, agrees with the approach from BofA Merrill Lynch Global Commodity Research team, adding that gold is retainingโฆ
AAA Supports Analysts' Readjustment of Commodities Ratings
Bank of America Merrill Lynch has readjusted its stance on commodities, preferring to favor non-cyclical commodities, such as gold, while oil has been downgraded as an alternative asset.
Boston, MA, August 13, 2011 -- Bank of America Merrill Lynch has readjusted its stance on commodities, preferring to favor non-cyclical commodities, such as gold, while oil has been downgraded as an alternative asset.
Alternative Asset Analysis (AAA), a research organization that advocates alternativeโฆ
New Certification for Business Analysts launched
The International Business Analysis Qualifications Board (IBAQB) has launched a new certification for Business Analysts.
The new IBAQB Certified Business Analyst certification is designed for people involved in analyzing business processes within an organization, modeling businesses and process improvement: Business Analysts, Process and Product Owners, Innovators, Product Designers, Process Optimization Professionals etc. The scheme was developed in cooperation between several international experts. The content of this scheme can therefore be seenโฆ
Carson Witter Appoints Metal and Energy Analysts
Brendon Oliver will be joining Carson Witter as a Metals Analyst in March 2011. Brendon is joining Carson Witter from UBS in London where he was a Metals Analyst since 2007. He previously worked at Lloyds Bank for 12 years and has over 16 years experience in this industry.
Simon Bartlett will be joining Carson Witter as an Energy Analyst in April 2011. Simon is joining from the Tradingโฆ
TOF Group Appoints Metal and Energy Analysts
Trinity Options and Futures Group (TOF Group) appoint Metal and Energy Analysts to support its Commodities Team.
Robert Hoyte will be joining TOF Group as a Metals Analyst in September 2010. Robert is joining TOF Group from UBS in London where he was a Metals Analyst since 2006. He previously worked at Lloyds Bank for 12 years and has over 16 years experience in this industry.
Nigelโฆ
