Heavy Machinery Adoption Expands With Urban Infrastructure Development
The global construction equipment market size was valued at USD 242.17 billion in 2025 and is projected to reach USD 471.25 billion by 2033, growing at a CAGR of 8.7% from 2026 to 2033. The market is witnessing strong momentum due to rapid urbanization, rising industrialization, and increasing investments in infrastructure development projects across both developed and developing economies....
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