Construction Equipment Market is Projected to Reach from USD 189.6 billion to USD 261.4 billion by 2028, Growing at a 4.1% CAGR | Industry Share, Size, Forecast

The Construction Equipment Market was estimated at USD 189.6 billion in 2020, and is projected to reach USD 261.4 billion by the end of 2028, expanding at a CAGR of 4.1% over the forecast period (2020-2028). The factors driving the growth of Construction Equipment Market includes increase in the construction activities in the residential and commercial areas around the world, rise in the number of smart cities and growing use of construction equipment in the agriculture industry.

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