Construction Machinery Market Outlook, Segments, Overview, and Trends 2024-2033: Comprehensive Analysis

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Construction Machinery Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
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Construction Machinery Market Segments
The Business Research Company segments its
Construction Machinery Market report as
Earthmoving, Material Handling, Building Road
Construction Equipment
By Product
Excavation mining, Lifting material handling,
Earthmoving, Transportation, Other Applications
By Application
Oil Gas, Construction Infrastructure,
Manufacturing, Mining, Other End Users
By End User
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Construction Machinery Market Statistics
It will grow from 312.39 billion in 2023 to
341.15 billion in 2024 at a compound annual
growth rate (CAGR) of 9.2. It will grow to
477.28 billion in 2028 at a compound annual
growth rate (CAGR) of 8.8
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Key Market Drivers And Trends
Drivers
A rise in construction spending is expected to
propel the growth of the construction machinery
market going forward.
Trends
The COVID-19 outbreak acted as a major restraint
on the construction machinery market during 2020.
Region
Asia-Pacific was the largest region in the
construction machinery market in 2023. The
regions covered in the construction machinery
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East, Africa
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Key Market Players

• Major players in the Construction Machinery
  Market are
• Caterpillar Inc
• Komatsu Ltd
• Volvo AB
• Zoomlion Heavy Industry Science and Technology
  Co., Ltd
• Hitachi, Ltd
• And more.

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