Global Modular & Prefabricated Construction Market Is Expected to Reach USD 173 44 Billion by 2028 : Fior Markets einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
market is expected to grow from USD 8.60 billion in 2020 and to reach USD 10.57 billion by 2028, growing at a CAGR of 2.60% during the forecast period 2021-2028.
With the increasing urbanization around the globe, the industries are setting up at a faster pace in many regions. Especially in developing countries, demand for a number of industries such as food and beverages, manufacturing, semiconductor, electronics, etc. has increased. The centrifugal air compressors are used vastly in these industries as it provides high volumes of air at a comparatively lower price. Also, it has a longer working life, which further reduces the number of capital investments.
Global Earthmoving Equipment Market Is Expected to Reach USD 104.21 Billion by 2028 : Fior Markets Earthmoving Equipment Market by Product (Loaders, Compaction Equipment, Excavators, Backhoes, Others), Application (Construction, Mining), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028
February 02, 2021 16:00 ET | Source: Fior Markets Fior Markets Pune, INDIA
Newark, NJ, Feb. 02, 2021 (GLOBE NEWSWIRE) As per the report published by Fior Markets, the
global earthmoving equipment market is expected to grow from USD 81 billion in 2020 to USD 104.21 billion by 2028, at a CAGR of 3.2% during the forecast period 2021-2028.
Certain key factors are fuelling the growth of the global earthmoving equipment market, such as increasing government investments in North America for infrastructure development, rising demand for high tech earthmoving equipment in Europe, smart ci