Construction Equipment Market Size, Industry Share and Growth Rate 2019-2026



The Global Construction Equipment Market is likely to grow considerably in the coming years, due to increasing government investment in infrastructure development. According to a report published by Fortune Business Insights, titled “Construction Equipment Market: Global Market Analysis, Insights and Forecast, 2019-2026,” the market was valued at US$ 128.46 Bn in 2018. Fortune Business Insights states that the market will be valued at US$ 186.42 Bn by the end of 2026, thereby exhibiting a CAGR of 4.8%.

Sample PDF Brochure https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/construction-equipment-market-100521

Volvo Construction Kicks-off an Exciting Line-up of Upcoming Products
The global construction equipment (CE) market has benefited from several product launches in recent years. The contribution from renowned companies will aid the growth of the global market. In 2018, Volvo Construction Equipment (Volvo CE) made its debut in the CE market in China. Volvo CE highlighted its newest products and aimed to highlight some of the standout concepts that were in practice for the first time. Volvo announced that it plans to bring 11 new products in the market. The company boasts an impressive portfolio and the addition of new products, along with its expansion in China will add to the commercial success. This, in turn, will lead to the growth of the global construction equipment market in the forthcoming years.

Top Players

·         Caterpillar Inc.
·         Liebherr Group
·         Terex Corporation
·         Komatsu America Corp.
·         JCB India Ltd.
·         Hyundai Heavy Industries Co., Ltd
·         CNH Industrial Capital
·         Hitachi Construction Machinery Middle East Corporation FZE
·         Volvo Car Retail Solutions AB

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