The global construction equipment market is poised for significant growth in the coming years. With a projected compound annual growth rate (CAGR) of 6.3% from 2024 to 2034, the market is expected to reach a total value of USD 319.1 billion by 2034. In 2024, the market size is anticipated to stand at USD 188.42 billion, reflecting a robust upward trajectory fueled by continued urbanization, infrastructure development, and industrial expansion worldwide.

This report presents a detailed analysis of the construction equipment market, segmenting it based on equipment types, applications, and regions. Additionally, we will delve into the market's key drivers, challenges, and future outlook, along with the competitive landscape and emerging trends that are expected to shape the industry over the next decade.

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