Heavy Construction Equipment Market Dynamics: Understanding Factors...

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2024-12-05 08:52:34 -

Heavy Construction Equipment Market Dynamics: Understanding Factors Influencing Growth

The global heavy construction equipment market size was valued at USD 204.41 billion in 2023 and is projected to grow at a CAGR of 5.2% from 2024 to 2030. Key growth drivers for this market are unceasing urbanization, population growth leading to the growing demand for housing solutions and continuous infrastructural enhancements in developing economies. In addition, the emergence of...

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