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.
View Complete Report @ https://whipsmartmi.com/Report/Construction-Equipment-Market-by-Type
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).
Request a Sample of this Report https://whipsmartmi.com/sample/cn0390/Construction-Equipment-Market-by-Type
Explore other reports from “Construction” sector @ https://whipsmartmi.com/Category/Construction
View Press Releases: https://whipsmartmi.com/pressrelease
View Blogs: https://whipsmartmi.com/blogs
Contact US:
Neeraj
WhipSmart Market Intelligence
7264 Magistrate Terrace,
Mississauga,
Ontario L5W 1H8
Canada
[email protected]