The Global Construction Equipment Market Size is expected to reach USD 337.06 billion by 2032, at a CAGR of 6.09% during the forecast period 2022 to 2032. The global financial market has a significant impact on the construction industry. Product demand is frequently driven by new construction projects. As increasing urbanization accelerates, investments from the public and private sectors in the development of infrastructure are expected to fuel demand for the construction equipment market.
The Global Construction Equipment Market Size is expected to reach USD 337.06 billion by 2032, at a CAGR of 6.09% during the forecast period 2022 to 2032. The global financial market has a significant impact on the construction industry. Product demand is frequently driven by new construction projects. As increasing urbanization accelerates, investments from the public and private sectors in the development of infrastructure are expected to fuel demand for the construction equipment market.