Increasing Infrastructure Investments Propel Construction Machinery Market into the Future || Caterpillar Inc., Komatsu Ltd., Volvo AB

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The Business Research Company's latest "Global Construction Machinery Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry

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The global construction machinery market reached a value of nearly $311,984.9 million in 2022, having increased at a compound annual growth rate (CAGR) of 5.9% since 2017. The market is expected to grow from $311,984.9 million in 2022 to $477,538.2 million in 2027 at a rate of 8.9%. The market is then expected to grow at a CAGR of 8.7% from 2027 and reach $725,418.9 million in 2032.

The construction machinery market consists of sales, by entities (organizations, sole traders, and partnerships), of construction machinery products such as backhoes, bulldozers, construction and mining-type rock drill bits, construction-type tractors, off-highway trucks, pile-driving equipment, portable crushing, pulverizing, and screening machinery, powered post hole diggers, road graders, and surface mining machinery, that are used for construction functions.

Major construction machinery companies are focusing on innovating new products to expand their product portfolio and drive revenues. For example, in 2023, CNH Industrial, a UK-based manufacturer of machinery, including backhoe loaders and skid-steer loaders and New Holland Construction, an Italy-based manufacturer of construction machinery, launched a number of products at CONEXPO-CON/AGG, a largest construction trade show in North America. The C330 Vertical Lift Compact Track Loader, with its small, medium-sized chassis, was one of the more well-liked debuts. With a 68-inch working width and a 67-hp engine, the C330 vertical lift compact track loader from New Holland Construction has a super boom design that has low shoulder posture and short towers to improve operator visibility and worker safety on the job site.

Construction Machinery Market Segmentation:
• By Product: Earthmoving, Material Handling, Building And Road Construction Equipment
• By Application: Excavation And Mining, Lifting And Material Handling, Earth Moving, Transportation, Other Applications
• By End User: Oil And Gas, Construction And Infrastructure, Manufacturing, Mining, Other End Users

Some of the key players involved in the construction machinery market are Caterpillar Inc., Komatsu Ltd., Volvo AB, Zoomlion Heavy Industry Science and Technology Co., Ltd., Hitachi, Ltd.

The regions covered in the global construction machinery market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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A Few Points From The Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction And Market Characteristics
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26. Opportunities And Strategies
27. Construction Machinery Market, Conclusions And Recommendations
28. Appendix

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