Construction Equipment Market to Gain Traction from Expanding...

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2025-04-22 05:51:01 - Translate

Construction Equipment Market to Gain Traction from Expanding Mining Sector

The global construction equipment market was valued at USD 207.14 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2030. The rise in urbanization across developing nations, along with increasing government initiatives to modernize existing infrastructure, is driving a surge in construction activity. This, in turn, is fueling demand...

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