Smart Construction Equipment Market is expected to reach $XX billion by 2028- An exclusive market research report by Lucintel


Posted January 5, 2023 by Lucintel

The smart construction equipment market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%.

 
Lucintel's latest market report analyzed that smart construction equipment provides attractive opportunities in the residential, commercial, and infrastructure sectors. The smart construction equipment market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, material handling equipment & cranes is the largest segment by equipment type, whereas residential is largest by application. Rapid industrialization, urbanization, and emergence of construction equipment rental services provides strategic growth path in this market.
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Based on equipment type, the smart construction equipment market is segmented into earthmoving, material handling equipment & cranes, concrete, road building, civil engineering, crushing & screening, and others. The material handling equipment & cranes segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the rising infrastructure projects worldwide and increasing urban population.
Browse in-depth TOC on “Smart Construction Equipment Market”
XX – Tables
XX – Figures
150 – Pages
The Smart Construction Equipment Market is marked by the presence of several big and small players. Some of the prominent players offering smart construction equipment include Caterpillar, Komatsu, Deere, Volvo Construction Equipment, SANY Group Company Ltd., Hitachi Construction Machinery, and Doosan.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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Issued By Lucintel LLC
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Categories Business
Tags smart construction equipment market
Last Updated January 5, 2023