Powering Progress: Construction Equipment Insights

The construction equipment market, valued at US$180.2 billion in 2022, is projected to surge at a CAGR of 4.26% from 2023-2028, reaching US$231.53 billion by 2028. Dominated by Asia-Pacific, this market is witnessing remarkable growth. With evolving technology and increasing infrastructure projects globally, the demand for advanced construction equipment continues to rise.