Heavy Construction Equipment Market Booms Globally to Register 4.2% CAGR By 2027: Allied Market Research The global heavy construction market across the Asia-Pacific has dominated the market and is anticipated to maintain its dominance throughout the forecast period.
February 17, 2021 09:15 ET | Source: Allied Market Research Allied Market Research
Portland,OR, Feb. 17, 2021 (GLOBE NEWSWIRE)
As per the report published by Allied Market Research, the global heavy construction equipment is expected to reach $240.49 billion, growing at a CAGR of 4.2% by 2027. The report highlights the major segments, market characteristics, top investment pockets, growth by segmentation, and competitive landscape.
Amar Chinchane, LeadAnalyst, Construction and Manufacturing at Allied Market Research, stated, “The heavy construction equipment market has witnessed significant growth over the past decade, owing to the rise ininvestment in various e