Construction Equipment Market share by applications and regions for 2018- 2024

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Construction Equipment Market growth outlook with
industry review and forecasts 2018-2024 Global
Market Insights, Inc.
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• Global Market Scenario of Construction Industry

Global Construction Equipment Market featuring
the key industry trends across the product and
regional landscape. The company projects the
global construction equipment market share to
surpass USD 170 billion by 2024. Europe
Construction Equipment Market accounted for more
than USD 30 billion in 2017 and is further
projected to grow at a significant rate over the
coming six years. The regional growth is
primarily driven by increased governmental focus
on refurbishment and upgradation of existing
infrastructure and rising smart city projects.
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• High product demand across the energy and telecom
  sectors is slated to drive the industry growth
  over 2018-2024.
• Rapid urbanization trends and infrastructure
  development across the BRIC countries have
  further stimulated the industry expansion.

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• 360 Industry Analysis

• Earthmoving road building machinery market is
  forecast to register a CAGR of 4 over 2018-2024.
  The considerable rise in construction activities
  have fueled the demand for sophisticated
  construction equipment machines for commercial
  residential projects.
• Robust product demand for excavators that are
  being used for underground and surface level
  operations is further expected to propel the
  earthmoving road building machinery market over
  2018-2024.

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ruction-equipment-market
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• Regional Analysis

• Europe Construction Equipment Market accounted
  for more than USD 30 billion in 2017 and is
  further projected to grow at a significant rate
  over the coming six years. The regional growth is
  primarily driven by increased governmental focus
  on refurbishment and upgradation of existing
  infrastructure and rising smart city projects.

• Competitive Analysis

• The key players profiled in the report are
  Caterpillar Inc., Hitachi Construction Machinery
  Co. Ltd., XCMG Group, Metso Corporation, J.C.
  Bamford Excavators Limited, Komatsu Limited,
  Liebherr Group, John Deere, Sany Group, Tadano
  Limited, The Atlas Copco Group, CNH Industrial,
  Wacker Neuson, Doosan Group, Volvo Construction
  Equipment, Zoomlion Heavy Industry Science
  Technology Co. Ltd., Sumitomo Heavy Industries,
  Ltd., Palfinger AG. The companies have been
  profiled in terms of their SWOT assessment,
  product portfolio, and strategic outlook.

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