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SELBYVILLE, Del., May 27, 2021 /PRNewswire/ Global Market Insights Inc. has recently added a new report on the construction equipment market which estimates the market valuation for construction equipment will cross US$ 155 billion by 2027. The market is anticipated to show significant growth owing to the rising development and construction of residential and commercial infrastructures globally. The increasing demand and deployment of construction equipment to reduce the labor cost and manual efforts are also contributing to the market growth.
Construction Equipment Market size is set to surpass USD 155 billion by 2027, according to a new research report by Global Market Insights, Inc.
Bulldozer Market Future Prospects 2026: Liebherr, Shantui Construction Machinery, Deere & Company
iCrowd Newswire
16 May 2021, 06:40 GMT+10
The Bulldozer - Market Development Scenario Study has been added to HTF MI database. The study covers in-depth overview, description about the Product, Industry Scope and elaborates market outlook and growth status to 2027. At present, the market is developing its presence following current economic slowdown and its Impact. Some of the key players considered in the study are Volvo Group, Kobelco Construction Machinery, Liugong Machinery Co., Ltd., Liebherr Group, Shantui Construction Machinery Co., Ltd., Deere & Company, Zoomlion Heavy Industry Science and Technology Co., Ltd., Doosan Group, Hitachi Construction Equipment, Komatsu & Caterpillar. The market size is broken down by relevant regions/countries, segments and application that may see potential uptrend or downtrend.
Volvo Construction Equipment named Alta Equipment its 2020 Dealer of the Year for North America, and also recognized Ascendum Machinery as its 2020 Uptime Dealer of the Year.