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The construction equipment market is projected to grow at CAGR 3% during the forecast period 2021-2026. with the advancements in technology, the equipment have become more fuel-efficient with lower emission levels and have enhanced safety and better-handling features.
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WhipSmart Market Intelligence Construction Equipment Market By Industry Trends And Leading Key Players Forecast To 2026 View Report
WhipSmart Construction Equipment Market & Key Players The construction equipment market is projected to grow at CAGR 3% during the forecast period 2021-2026. with the advancements in technology, the equipment have become more fuel-efficient with lower emission levels and have enhanced safety and better-handling features. Asia Pacific is expected to be the largest market for rental construction equipment. This can be attributed to its huge vehicle parc of construction equipment. With increasing population and urbanization, the demand for infrastructure development, housing, and office space in this region is projected to increase significantly over the next few years. Thus, it is expected to be the largest market for rental construction equipment. Key market players include Caterpillar (the US), Komatsu (Japan), Teres (the US), Volvo Construction Equipment (Sweden), and Hitachi Construction Machinery (Japan), XCMG (China), Zoomlion (China). View Complete Report @ https://whipsmartmi.com/Report/Construction-Equipment-Market-by-Type sales@whipsmartmi.com
WhipSmart Table Of Content • Introduction • Research Methodology • Executive Summary • Market Dynamics • Construction Equipment Market, By Equipment Type Construction Equipment Market, By Equipment Category • Construction Equipment Market, By Application • Construction Equipment Market, By Power Output • Construction Equipment Market, By Emission Regulation Stage • Construction Equipment Market, By Propulsion Type • Construction Equipment Market, By Region • Company Profiles • Appendix Request Sample Report sales@whipsmartmi.com
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