Heavy Construction Equipment Market to Reach USD 344.05 Billion by...

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2025-07-16 08:01:32 -

Heavy Construction Equipment Market to Reach USD 344.05 Billion by 2034, Fueled by Urbanization, Infrastructure Projects, and Technological Innovations

Market Overview The global heavy construction equipment market is on a steady growth trajectory, expected to expand from USD 211.82 billion in 2024 to USD 344.05 billion by 2034, reflecting a compound annual growth rate (CAGR) of 5.0% over the forecast period (2025–2034). This growth is fueled by rapid urbanization, expansive infrastructure...

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