India's Construction Equipment Market: Projections to 2030

India's construction equipment industry is the third largest in the world, generating a turnover of approximately US$8.5 billion annually. The industry is projected to triple in size by 2030 as it plays a pivotal role in building the country's infrastructure and contributing to development activities.

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Best-Selling Construction Equipment By State of 2023

Nearly 135,000 new pieces of construction equipment were financed in the United States in 2023, according to Fusable's latest EDA equipment finance data, a 2.7% increase from the 131,262 new ...

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India Construction Equipment Market Size, Share, Trends

India Construction Equipment Market size was valued at USD 152.2 billion in 2023 and is poised to grow from USD 162.25 billion in 2024 to USD 270.54 billion by 2032, growing at a CAGR of 6.6% during the forecast period (2025-2032).

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Saudi Arabia Construction Equipment Rental Market

Market Overview: The Saudi Arabia construction equipment rental market size reached USD 1.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.50% during 2025-2033.The rising large-scale infrastructure projects, the increasing demand for cost-efficiency and flexibility, significant …

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Philippines Construction Equipment Market

Prominent Mining Sector in the Country Supports the Demand for Heavy Construction Equipment in the Philippines Construction Equipment Market. Ranked as the fifth most mineral-rich country globally, the Philippines possesses an estimated USD 1 trillion in unexplored reserves of copper, gold, nickel, zinc, and silver. However, despite this wealth ...

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Ghana Construction Equipment Market | Size & Trends …

As a result, is ex[ected to strengthen construction equipment demand in the country. Further, the enhanced agriculture sector stimulates farmers to use construction equipment like tractors and ensure efficient farming with maximum output and is estimated to achieve optimal growth of the Ghana construction equipment market in the coming years.

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India Construction Equipment Market 2024-2030

After a 15% drop in construction equipment demand to 83,470 units in 2019, sales declined by an estimated 39 per cent in the first half of the year 2020. ... Equipment Ltd., a company that specializes in aerial equipment and material handling, has expanded its product line and now has the exclusive right to sell all XCMG earthmoving equipment ...

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Europe Construction Equipment Market Report

Market Scenario. Europe Construction Equipment Market was valued at US$ 47.59 billion in 2023 and is projected to surpass the market valuation of US$ 72.14 billion by 2032 at a CAGR of 4.73% during the forecast period 2024–2032.. The European construction equipment market is a significant hub for manufacturing, encompassing a rich network of suppliers, manufacturers, …

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Trends in Electric Construction Equipment | OEM Off-Highway

In addition, with the increase of batteries now able to power larger equipment for more extended periods, OEMs can now choose from a broader range of electric options that can handle even the most demanding tasks. ... the demand for electric construction equipment will also increase. More companies are entering the market and offering OEMs more ...

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Construction Equipment Market Trends

The global construction equipment market size is projected to grow from $161.45 billion in 2024 to $271.30 billion by 2032, exhibiting a CAGR of 6.7%

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New Zealand Construction Equipment Market Size, Share, Demand

ENQUIRE NOW. NEW ZEALAND CONSTRUCTION EQUIPMENT MARKET REPORT SCOPE. REPORT ATTRIBUTE DETAILS; Market Size (2029) 5,113 Units: Market Size (2022) 3,749 Units: CAGR (2022-2029) ... housing & aviation, is expected to drive the demand for construction equipment in the New Zealand construction equipment market during the forecast period.

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Construction Equipment Manufacturing in China

In 2017, demand for equipment updates was high as a result of stricter environmental protection requirements and increased construction investments. As a result of this demand, revenue for the Construction Equipment Manufacturing industry recovered gradually. In 2018, industry revenue increased by 12.9%.

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Top 5 Construction Industry Trends for 2025 | The Hartford

No matter how hiring performs in the coming months, reports say close to 40% of U.S. construction industry employees are headed for retirement by 2035. 3 Wydeven and O'Hala stress that all construction leaders – regardless of company size – are now in a crucial moment to examine and redefine employee roles and develop better ways to ...

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Construction Machinery Middle East News

Al Shirawi Machinery and Construction Equipment in a Key Deal. March 18, 2024. D155A-6. September 2, 2022. PC500LC-10R. August 2, 2022. GD705-5 motor grader ... Machinery innovations are changing construction and the industry is projected to see a surge in demand for environmentally friendly equipment, says Jeff ...

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2024 Construction Equipment Sales Outlook

New and used construction equipment sales will be a mixed bag by product type this year, according to Trader Interactive's John Ryneska. ... entering the market is now stunting demand ...

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Philippines Construction Equipment Rental Market …

Research and Markets Logo. The Philippines construction equipment rental market was estimated at 175.9 million in 2023 and is expected to grow at a CAGR of 5.06% from 2023-2029.. In December 2023 ...

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India Construction Equipment Market 2024–2033

Reports Description. India Construction Equipment Market was valued at USD 7.8 Billion in 2024 and is expected to reach USD 17.4 Billion by 2033, at a CAGR of 8.16% during the forecast period 2024 – 2033.. The construction equipment industry is booming in India. Construction equipment is heavy machinery that performs specific construction and demolition activities.

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Latin America Construction Equipment Market Insights …

Streaming Now … Upgrade to Premium ... Hydraulic excavators and backhoe loaders are the region's two most sold construction equipment. The demand for this equipment will grow sharply in the ...

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South Africa Construction Equipment Market Demand, …

The South Africa construction equipment market is expected to reach USD 573.7 million by 2029 from USD 431.7 million by 2022, growing at a CAGR of 4.15%.

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African construction equipment and heavy machinery market

The annual growth rate of demand for heavy construction equipment in Africa has been stable at around 4.5% since the second half of the 1980s. Change in demand. ... the availability of parts is crucial because they buy used equipment. In fact, it is now necessary to establish utilities in Africa, and there is an urgent need to build low-cost ...

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US Construction Equipment Market 2024-2030

With a burgeoning population and growing urbanization, the demand for construction equipment in the US continues to surge, driven by infrastructure upgrades, commercial developments, and residential construction projects.

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Govt's infra focus will boost demand for CE"

Demand for construction equipment is expected to grow and accelerate the completion of the current projects as well as to fulfil the rising demands for newer segments like commercial projects, mining, housing, agriculture which previously had low access and are now adopting standard machinery. There is huge demand for projects like airport ...

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PNP In-Demand Occupations List

Saskatchewan PNP – Express Entry and Occupation In-Demand streams. Saskatchewan has 2 streams (the Saskatchewan Express Entry and the Occupation In-Demand streams) that do not require a job offer to be eligible, but candidates need to (i) score at least 60 points on the assessment grid, and (ii) receive an invitation to apply (which depends on the …

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2024 engineering and construction industry outlook

These price levels could increase the bid prices and project costs, affecting the profitability of E&C firms. As construction equipment prices increase and as tools manufacturers continue their recovery from recent supply chain challenges, E&C companies may increasingly turn to equipment and tools leasing and financing in 2024.

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Demand diversity in the construction equipment sector

Such a big demand for aggregates tends to go hand in hand with big demand for construction equipment. The latest construction equipment unit sales forecast from 2444 Off-Highway Research (OHR), an international construction equipment industry management consultancy, also offers a positive perspective. After global sales of US$93.5 billion in ...

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Middle East and Africa Construction Equipment Market …

The Middle East and Africa Construction Equipment Market is growing at a CAGR of 4% over the next 5 years. Inc., Ltd., Heavy Industry Co. Ltd., Heavy Industry Science and Technology Co., Ltd and Construction Machinery are the major companies operating in this market.

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Is There a Demand for Heavy Equipment Operators?

Construction equipment operator is a job that is in high demand now and a field that will likely see significant growth over the next decade. In this article, we'll look at what's driving this demand for heavy equipment operators and what you can do to maximize your odds at landing your dream job operating construction machinery.

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Canada Construction Equipment Market | 2024-29 | Size, …

Canada's construction equipment market was valued at 75,709 units and is forecasted will reach 97,274 units by 2029, growing at a CAGR of 4.27% during 2024-2029. Canada's earthmoving equipment market is projected to witness robust growth during the forecasted period

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