Construction Machinery Market Share And Trend By 2025 | Caterpillar Inc, Liebher

Posted by Meghana on September 6th, 2021

Construction Machinery Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the construction machinery industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected construction machinery market growth numbers 2021-2030.

View Complete Report:
https://www.thebusinessresearchcompany.com/report/construction-machinery-global-market-report

The Construction Machinery Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global construction machinery market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Construction Machinery Global Market Report 2021 covers construction machinery market drivers, construction machinery market trends, construction machinery market growth rate, construction machinery market major players, player-adopted strategies in the market, and construction machinery market size.

The global construction machinery market is expected to grow from 4.24 billion in 2020 to 6.97 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach 1.21 billion in 2025 at a CAGR of 9.1%.

The report covers the construction machinery market segments-
1) By Product: Earthmoving, Material Handling, Building & Road Construction Equipment, Autonomous Construction Equipment
2) By Application: Excavation & Mining, Lifting & Material Handling, Earth Moving, Transportation, Others
3) By End User: Oil & Gas, Construction & Infrastructure, Manufacturing, Mining, and Others

About The Business Research Company: 
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Meghana

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Meghana
Joined: January 20th, 2021
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