Growth and Trends Shaping Heavy Construction Equipment Market
The global heavy construction equipment market was valued at USD 204.41 billion in 2023 and is projected to experience a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030. Several key factors are driving this growth, including the ongoing urbanization process, population increases, and the corresponding rise in demand for housing solutions, along with continuous...
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