Asia-Pacific Heavy Construction Equipment Market Global Forecast by Products, Technology, Regions, Company Analysis by 2030
Asia Pacific Heavy Construction Equipment Market – Overview The Asia-Pacific Heavy Construction Equipment market size is expected to expand globally at a CAGR of 8.45%. During the historic forecast period in 2019, the global market was valued at a final figure of USD 77.7 billion. For the ongoing forecast period of 2022-2030 Heavy construction equipment has been proved as a backbone for construction industry in order to save a lot of time and labour cost. There are several equipment that serve various purpose at construction sites. Various activities including earthmoving, material handling, transporting materials, etc. are catered by heavy construction equipment. High investments of construction industry in BRIC countries are driving the growth for heavy construction equipment market . Additionally, the need of satisfying rising infrastructure demand by growing population will enhance the growth prospects of heavy construction equipment market. Key Players: The...